May 2025 – Page 15 – FintechDaily

Aveni Unveils FinLLM Supported by Lloyds and Nationwide

Lloyds and Nationwide-backed fintech Aveni has launched its domain-specific large language model for financial services, FinLLM. Developed over six months by Aveni Labs in collaboration...

Revolut Plans €1 Billion Investment in France and Seeks Banking License

Revolut plans to invest over $1 billion to expand its operations in France over the next three years as it prepares to apply for a...

City of London Policy Chair Celebrates UK Capital as a Hub for Green Finance

This week, the FCA and the City of London Corporation hosted a demo day for their Sustainability Cohort initiative, designed to advance green finance and...

Cyber Attacks: A Constant Source of Anxiety for Me

The CEO of HSBC UK, Ian Stuart, expressed serious concerns about the threat of cyber attacks during a recent Commons Treasury Committee session. Cyber-security emerged...

Westpac Launches ESG Training Program for Institutional Employees

Westpac is set to equip 800 of its staff with practical insights for advising clients on environmental, social, and governance (ESG) issues, responding to an...

Survey Indicates Banks Prefer Building Technology Solutions Over Acquiring Them

Corporate Banks Lean Towards In-House Technology Development Recent research highlights a significant shift in the approach of corporate banks toward technology integration, as many are...

Citi Plans $100 Million Overhaul of London Tower Block

Citi is set to invest $100 million in the refurbishment of its iconic skyscraper in Canary Wharf, signaling confidence in the UK’s future in a...

Emerging Technologies to Watch: Metaverse and Decentralized Identity Highlighted

Research by Gartner has identified 25 emerging technologies that are essential for understanding and are expected to significantly influence both business and society over the...

ECB to Conduct Climate Risk Stress Test

The European Central Bank (ECB) has initiated a supervisory climate risk stress test aimed at evaluating banks' preparedness for potential financial and economic disruptions associated...

Westpac and FIS Invest in Kasisto, a Conversational AI Company

Kasisto, a developer specializing in conversational AI chatbots, has successfully secured $15.5 million in a Series C funding extension, spearheaded by its client Westpac, along...