2025 – Page 104 – FintechDaily

Fintech Startup Salmonsecures Banking License in the Philippines

Consumer credit fintech Salmon has gained a banking license in the Philippines after acquiring a controlling stake in Rural Bank of Sta. Rose. Upon the...

What Lies Ahead for Low-Value Cross-Border Payments?

The challenges and opportunities surrounding low-value cross-border payments were front and center at Sibos on Monday, as a panel of industry experts discussed various models,...

FCA Discovers No Evidence of Politician De-Banking in Initial Investigation

A report released today by the UK’s Financial Conduct Authority (FCA) has found no evidence that politicians' bank accounts are being closed due to their...

Sibos 2023: Will CBDCs Replace Cash?

At Sibos 2023 in Toronto, EY’s Christopher Woolard led a session focused on the significant rise of digital currencies over recent years and questioned whether...

Paving the Way for Global CBDC Interoperability

Interoperability was a key focus during Tuesday's CBDC discussion at Sibos, with the panel exploring how to facilitate the operation of these emerging digital currencies...

Revolut Fails to Meet Annual Accounts Deadline for the Second Consecutive Year

Revolut is reportedly delaying the filing of its 2022 accounts for the second consecutive year, as reported by Reuters. The company has received a three-month...

Kuady Introduces Virtual Prepaid Mastercard in Peru

Kuady Card has launched in Peru, introducing a virtual prepaid Mastercard designed to offer a secure, flexible, and convenient payment solution for users in the...

Global Fintech Funding Plummets by 50%

Global capital investment in fintech nearly halved in 2023, totaling $51 billion, with the UK experiencing an even sharper decline, according to Innovate Finance data....

SEC Anticipates Additional Crypto Charges Amid Ongoing Enforcement Struggle

The US Securities and Exchange Commission (SEC) has issued a warning regarding the prospect of additional charges against exchanges and DeFi projects. This announcement follows...

DWS Takes Steps to Launch Germany’s First Euro Stablecoin Regulated by Local Authorities

German asset management company DWS has announced the launch of a new venture aimed at creating the first German-regulated cryptocurrency. DWS, which is owned by...