May 2025 – Page 27 – FintechDaily

CBI Initiates Campaign to Encourage UK Businesses to Adopt Fintech Solutions

Lord Bilimoria, President of the Confederation of British Industry (CBI), has initiated a campaign aimed at encouraging more businesses to leverage fintech for growth. Launched...

Andrew Griffith MP Unveils AI and Open Finance Goals for the UK

During the inaugural day of the Innovate Finance Global Summit 2023, Andrew Griffith MP, the Economic Secretary to the Treasury, delivered a keynote address highlighting...

Monzo Co-Founder Blomfield Warns That AI Could Eliminate Software Engineering Jobs

Tom Blomfield, co-founder of Monzo and partner at Y Combinator, has recently sparked a heated debate by declaring the impending obsolescence of traditional software engineers....

Essential KPIs for Unlocking Sustainable ESG Profitability

Key performance indicators (KPIs) must be recalibrated to transform environmental, social, and governance (ESG) objectives into commercially viable strategies. This shift necessitates a comprehensive change...

Alphabet Launches New AI Division as Competitive Landscape Intensifies

Alphabet Inc., the parent company of Google, is consolidating its two AI-focused research divisions, Google Brain and DeepMind, in response to rapid advancements in artificial...

Plaid Secures $575 Million, Reaching a Valuation of $6.1 Billion

Plaid has successfully raised $575 million in a secondary share sale, which has led to a significant valuation adjustment from $13.4 billion in 2021 to...

Finastra Unveils Winners of Hack to the Future 4 Competition

Finastra has announced the winners of its annual global hackathon, Hack to the Future 4, which attracted thousands of participants from over 75 countries. More...

Klarna Introduces AI-Driven Personalized Shopping Feed

Klarna is expanding its offerings beyond buy now, pay later (BNPL) solutions with the introduction of an AI-driven shopping feed, a personal shopping service, and...

Mastercard Ties Employee Bonuses to ESG Objectives

Mastercard is integrating its employee bonus structure with the company's performance in environmental, social, and corporate governance (ESG) initiatives. Last year, the financial powerhouse established...

Robinhood Set to Introduce Tokenization in Europe

Robinhood, the U.S.-based stock trading platform, is set to enhance its presence in Europe by introducing access to tokenized U.S. securities for local investors. As...