May 2025 – Page 20 – FintechDaily

Mastercard and MoonPay Collaborate to Promote Stablecoin Payments Mainstream

Mastercard is enhancing its commitment to stablecoins by partnering with MoonPay, enabling individuals and businesses to utilize stablecoins for payments in global markets. Enterprises and...

Westpac Joins Founding Members of AI Consortium

Westpac has partnered with five organizations to establish a new consortium dedicated to pioneering research on the responsible implementation of artificial intelligence (AI) within the...

Europe requires a digital euro to mitigate the threat of economic coercion.

Europe is at a pivotal point in its financial evolution, with the potential introduction of a digital euro on the horizon. European Central Bank Chief...

Paythru Teams Up with Adyen to Launch Electric Vehicle Charging Payment Platform

The new electric vehicle (EV) payments platform aims to standardize payment methods at charging stations. EV drivers typically pay using credit or debit cards by...

Bank of London Under Regulatory Investigation as Auditor Questions Future Viability

The Bank of London has announced that it is under investigation by UK regulators, a situation that its auditors suggest may create "significant doubt" about...

BIS and NY Fed Explore Policy Implications of Future Tokenized Markets

The Federal Reserve Bank of New York and the Bank for International Settlements (BIS) have released a joint research study examining how central banks can...

Mastercard Introduces Cryptocurrency, Open Banking, and ESG Consulting Services

Mastercard is broadening its consulting services with new practices focused on open banking, open data, cryptocurrency, digital currencies, and environmental, social, and governance (ESG) initiatives....

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...