May 2025 – Page 30 – FintechDaily

New Hampshire Leads the Nation as the First State to Create a Strategic Bitcoin Reserve

This week, Governor Kelly Ayotte signed House Bill 302 into law, enabling New Hampshire’s Treasury to allocate up to 5% of public funds to cryptocurrency...

Bitpanda to Allocate $10 Million for AI Investment

Austrian cryptocurrency firm Bitpanda is set to allocate $10 million towards establishing a dedicated AI division. This new unit aims to introduce a variety of...

Bank of America Commits £1.2 Million to Oxford Researchers Addressing Climate Change

Bank of America has committed £1.2 million to the University of Oxford, aimed at advancing greenhouse gas removal and sustainable finance research at the Smith...

Nordic Capital Acquires Payments Veteran Mohit Agnihotri

Nordic Capital Welcomes Mohit Agnihotri as New Partner in Fintech Investments Nordic Capital has appointed Mohit Agnihotri, a seasoned expert in technology and payments, as...

U.S. Justice Department Shuts Down Crypto Fraud Unit

The U.S. Department of Justice has announced the disbandment of its national cryptocurrency enforcement team. In a memo directed to department employees, Deputy Attorney General...

Tumelo Secures $19M in Funding

Tumelo, a UK-based startup dedicated to enhancing transparency for investment platforms and pension providers, has successfully secured $19 million in its recent funding round. This...

ANZ Eliminates Passwords for Digital Banking Access

ANZ is eliminating password access for its digital banking service, ANZ Plus, and will instead implement two-factor authentication. Customers will be able to access their...

G7 Officials Focus on AI Regulation

G7 officials are set to convene in Japan on May 30th to address the challenges presented by generative AI technologies such as ChatGPT. This meeting...

Lloyds Banking Group Expands AI Initiatives in Partnership with Google Cloud

Lloyds Banking Group is in the process of developing a state-of-the-art machine learning (ML) and Generative AI (GenAI) platform utilizing Google Cloud’s Vertex AI framework....

BNP Paribas to Offer Carbon-Linked Credit Facility to Ant Group

BNP Paribas is set to extend a sustainability-linked revolving credit facility to Ant Group, leveraging a blockchain-based carbon management platform to validate the Chinese firm’s...