July 10, 2025 – FintechDaily

Wise Faces $4.2 Million Penalty from Multiple U.S. States for AML Shortcomings

Money transfer giant Wise has been fined $4.2 million by multiple US state regulators due to deficiencies in its anti-money laundering (AML) controls. This multi-state...

Exploring Sustainable Finance and ESG: Beyond Climate Action and Environmental Concerns

As we navigate the complexities of wildfires, hurricanes, social upheavals, and the ongoing pandemic, the concluding day of Sibos 2020 centers on the theme of...

Trump Predicts Tariff Rates Could Reach 70% as Notices Are Dispatched

As the 9 July deadline for new tariffs approaches, President Donald Trump has indicated that certain countries could face import duties of up to 70%....

Moment Secures $36M to Streamline Fixed Income Automation

Moment has successfully secured $36 million in Series B funding, led by Index Ventures, to enhance its platform dedicated to automating trading and portfolio management...

Major Banks Support Singapore Green Finance Centre

The Monetary Authority of Singapore (MAS) and nine prominent international banks are joining forces to establish a research institute focused on green finance and the...

EPC Seeks Collaboration with Directory Service Providers for VoP Initiative

The European Payments Council (EPC) is looking for Directory Service Providers to assist in validating routing algorithms that may be utilized by participants in the...

Mastercard and Pay4You Launch Spend Management Partnership

Mastercard has partnered with self-service payment portal Pay4You to introduce a tail spend management solution for businesses in Europe. The collaboration targets the 20% of...

AusPayNet and AP+ Initiate Consultation on the Future of Australian A2A Payments

Australia's payment industry, along with its domestic payments provider, has initiated a public consultation regarding the future of account-to-account (A2A) payments in the country. The...

Revolut Enables Customers to Transfer Funds to China Using Alipay

Revolut is aiming to capture the $48 billion Chinese remittance market through a partnership with Ant International. Revolut users worldwide can send money to China...

Ecosia Backs Startup Developing Wooden Debit Cards

Ecosia Invests in TreeCard: A Sustainable Future for Payments Ecosia, the eco-conscious search engine, has made a significant investment of £1 million for a 20%...