May 26, 2025 – FintechDaily

Banks Anticipate Significant Interest Losses from Sepa Instant Payments

Nearly half of European banks expect to lose millions in interest due to new liquidity demands under the SEPA Instant Payments regulation, yet they believe...

TSB Revamps Onboarding Process Using Onfido’s Biometric Facial Recognition Technology

TSB Streamlines Account Onboarding Process TSB has significantly enhanced its account onboarding, cutting the process down to just 10 minutes. The updated mobile functionality now...

Temenos Unveils GenAI Co-Pilot Features

Temenos has unveiled a groundbreaking GenAI co-pilot for its retail banking core product, designed to expedite the testing and launch of new financial offerings. This...

CFPB to Abandon Open Banking Regulation

The Financial Technology Association (FTA) has criticized US regulators' plans to rescind open banking rules, describing the move as a "handout to Wall Street banks."...

Expanding Sustainable Finance for a Green Recovery

Finextra participated in the Singapore Fintech Festival's session titled ‘Scaling Sustainable Finance for a Green Recovery,’ featuring insights from experts at Ecosystm, FIL Asia, HSBC,...

Squirro Partners with European Central Bank, Aims for US Expansion Through Open.Exchange Acquisition

Squirro has announced the European Central Bank as the latest addition to its client portfolio, following significant partnerships with the Bank of England and the...

JPMorgan Chase to Enable Client Bitcoin Purchases

Jamie Dimon, who previously expressed intentions to shut down the cryptocurrency sector, has announced that JPMorgan Chase will now enable its clients to purchase Bitcoin....

Bunq Easy Green Account Holders Plant 5 Million Trees

Dutch digital bank Bunq is enhancing its commitment to sustainability by celebrating the planting of five million trees across Kenya and Madagascar. This initiative is...

NatWest Leverages AWS for Enhanced Data-Driven Services

NatWest Group is collaborating with Amazon Web Services (AWS) to consolidate data from various sectors of its business, aiming to more effectively anticipate customer needs....

OpenFX Secures $23 Million to Implement Real-Time Settlement for Cross-Border Payments

Foreign exchange infrastructure company OpenFX has emerged from stealth mode with $23 million in funding led by Accel. FX, Lightspeed Faction, Castle Island Ventures, Flybridge,...