May 16, 2025 – FintechDaily

Retail Giants Call on EU to Tackle Visa and Mastercard Fees

Europe's largest retailers are urging the European Commission to take action against the fees imposed by Visa and Mastercard. In a letter dated May 13,...

ECB Extends Deadline for Non-Bank PSP Access to TARGET

The European Central Bank (ECB) has delayed the deadline for allowing non-bank payment service providers (PSPs) to access central bank-operated payment systems, such as the...

GIST Impact Collaborates with Global Canopy to Aid Financial Institutions in Evaluating Deforestation Risks

GIST Impact is collaborating with Global Canopy to encourage investors and banks to factor deforestation into their financial decisions, driving capital towards outcomes that benefit...

UBS Partners with Communications Compliance Platform Shield

UBS has participated in a $20 million Series B funding round for Shield, a cutting-edge workplace intelligence platform designed specifically for compliance teams within financial...

Deutsche Bank to Eliminate 2,000 Jobs via Branch Closures

Deutsche Bank is set to implement substantial reductions in its branch network this year, impacting approximately 2,000 jobs. CEO Christian Sewing outlined the bank's intentions...

More Banks Join Carbon Marketplace Powered by Blockchain Technology

UBS, Standard Chartered, and BNP Paribas have officially joined Project Carbon, a collaborative initiative designed to establish a blockchain-based marketplace for trading carbon offsets. Initially...

Wells Fargo Introduces Vantage: A Persona-Based AI-Driven Digital Banking Platform

Wells Fargo has introduced a new digital banking platform called Vantage, designed to better serve its commercial, corporate, and investment banking clients. Vantage is envisioned...

U.S. Bank Reveals the Hidden Truth Behind Applied Foresight and ‘Future Safaris’

Understanding Futurism: The Concept of Future Safaris In our fast-paced world, the notion of futurism transcends its traditional sci-fi connotations—like flying cars and spacesuits—and emerges...

ANZ Allocates $50 Million to Climate Finance Firm Pollination

ANZ has made a strategic investment of $50 million for a minority equity stake in Pollination, a climate change investment and advisory group. The collaboration...

Deutsche Bank Teams Up with NVIDIA to Boost AI Initiatives

Deutsche Bank has entered into a multi-year partnership with NVIDIA aimed at advancing the application of artificial intelligence in financial services. This collaboration will leverage...