May 2025 – Page 36 – FintechDaily

SaaS Model Facilitating Cyber Attacks

The chief information security officer at JPMorgan Chase urges third-party software providers to prioritize security over rapid market deployment, cautioning that the shift to a...

Google Cloud Introduces AI-Driven AML Technology

Google Cloud has introduced an AI-driven solution aimed at enhancing the ability of global financial institutions to detect money laundering more effectively and efficiently. According...

Financial Regulators Receive Climate Risk Guidelines

The Basel Committee on Banking Supervision has released comprehensive guidelines aimed at assisting financial regulators globally in evaluating the preparedness of banks for climate-related risks...

Survey Reveals Consumer Concerns About AI-Driven Payments

A recent survey conducted by payments platform Paysafe highlights significant consumer apprehension regarding artificial intelligence (AI) in the payments landscape. The research, which surveyed 14,000...

Is AI the Safest Job in Banking? Roles Soar by 13% Despite Layoffs

The largest banks in the world have expanded their artificial intelligence workforce by 13% over the past six months. Notably, this trend has persisted even...

Profit: The Key to Achieving Net Zero Goals

At IFGS 2025, the panel discussion titled “The Road to Net Zero: Clear and Decisive or Bumpy and Long?” explored the complexities of climate finance...

ESG Book Secures $35 Million in Funding

Sustainability data and technology provider ESG Book has successfully secured $35 million in a Series B funding round, led by Energy Impact Partners. ESG Book's...

Citi Enlists Former U.S. Trade Representative Robert Lighthizer for Tariff Advisory Role

Citigroup has appointed Robert Lighthizer, the former US Trade Representative, as a senior advisor focused on global trade matters. Lighthizer’s role will be part-time. A...

Lloyds Allocates £2 Million to Corporate Banking Platform Fennech

Lloyds Bank has made a significant investment of £2 million in Fennech, an AI-driven corporate banking platform designed for financial institutions and corporate clients. Fennech...

Anti-Scam Hotline Hits One Million Calls

More than one million calls have been directed to a dedicated anti-scam service designed to assist individuals who suspect they may be encountering fraud. The...