May 2025 – Page 21 – FintechDaily

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...

Appeals Court Determines Capital One Hacker’s Sentence Was Excessively Lenient

A U.S. appeals court has overturned the sentence of the individual responsible for the significant 2019 Capital One data breach, deeming the original penalty too...

CommerzVentures Launches €300 Million Third Fund

Commerzbank has pledged €300 million to its third CommerzVentures fund, aiming to invest in fintech, insurtech, and climate-focused fintech startups. The new fund positions Commerzbank...

Opensee Secures €11M to Enhance Real-Time Data Analytics Platform

Opensee, a Paris-based platform specializing in real-time granular data analysis for financial institutions, has successfully secured €11 million in a Series A funding round led...