May 2025 – Page 14 – FintechDaily

JPMorgan Launches AI-Powered Confidence Score for Corporate Payments

JPMorgan Payments is introducing an AI-generated Account Confidence Score that helps corporate clients assess fraud risk before making payments. Utilizing over 15 billion JPMorgan Payments...

Lloyds Pursues Chief of Data Ethics

Lloyds Banking Group is seeking its inaugural group head of data ethics to effectively address the complexities associated with the increasing use of data and...

Spanish Mobile Networks Undergo Blackout

Spain is experiencing a widespread outage across all mobile networks, just four weeks after a nationwide electricity blackout. This incident underscores the risks of relying...

UK Court Approves £200 Million Mastercard Settlement

Mastercard's £200 million settlement of a class action lawsuit on behalf of British consumers has been approved by the Competition Appeal Tribunal, potentially allowing millions...

UK Government Seeks Open Banking Provider for Universal Credit

The UK government has initiated a procurement process to find an open banking technology supplier for its Universal Credit social security payments. The Department for...

Retailers Support BNPL Alternative from Charity-Owned Lender

A group of UK retailers is supporting a new Buy Now Pay Later (BNPL) alternative from the charity-owned responsible lender Fair for You. The Fair...

Binance Partners with Brazil’s Pix Payment System

Binance Pay has integrated with Brazil's Pix system, allowing users to make instant payments in reais using cryptocurrency. Binance users in Brazil can now transfer...

HP and NVIDIA Launch One-of-a-Kind Fintech Sitcom

Hewlett Packard Enterprise (HPE) and NVIDIA have launched the inaugural episode of their innovative fintech comedy mini-series, Get Ahead. Available for streaming here, this series...

Doconomy Secures $19 Million to Fast-Track Carbon Emission Reduction Efforts

Doconomy, a leading climate data platform, has successfully secured $19 million in equity funding to advance its growth and expand its team. This investment will...

FairPlay Secures $10 Million to Address Bias in Lending

FairPlay, a pioneering startup harnessing AI to mitigate algorithmic bias in lending, has successfully secured $10 million in Series A funding. The funding round was...