2025 – Page 14 – FintechDaily

UBS Names New Chief AI Officer

UBS has appointed Daniele Magazzeni, formerly of JP Morgan, as its first Chief Artificial Intelligence Officer, marking a significant step in integrating AI at the...

Fiserv Acquires StoneCastle Cash Management

Fiserv has finalized an agreement to acquire StoneCastle Cash Management, with financial details remaining undisclosed. Established in 2009, StoneCastle provides a network of depository institutions—primarily...

JPMorgan Discontinues Nutmeg Wealth Management Brand

JPMorgan Chase is set to discontinue its Nutmeg digital wealth management brand in the UK, transitioning instead to JP Morgan Personal Investing. Beginning in November,...

Indian Banks Announce New CEO Appointments

Two prominent Indian banks have announced the appointment of new chief executives. Kalyan Kumar has been appointed as the Managing Director and Chief Executive Officer...

BoE to Focus on AI, DLT, and Quantum Computing in Technology Strategy

The Bank of England (BoE) is focusing on artificial intelligence (AI), distributed ledger technology (DLT), and quantum computing as the three key technologies with transformative...

OCC Greenlights New Bank Focused on the ‘Innovation Economy’

A new bank backed by tech billionaires is set to fill the void left by the collapse of Silicon Valley Bank, focusing on serving companies...

Romance Scams Drain £108 Million from Britons in 2024

Banks and payment firms are urged to enhance their monitoring systems and staff training to better protect customers from romance scams, which resulted in losses...

Klarna Set to Introduce Digital Wallet and Debit Card in the UK

Klarna has initiated its challenge to UK banks' retail business by launching a debit card and a digital wallet. According to Klarna, these offerings aim...

Deel’s Valuation Soars to Over $17 Billion Following Fundraising成功

Payroll platform Deel has announced a $300 million investment led by new backer Ribbit Capital, boosting its valuation to $17.3 billion. The US-based startup is...

OpenAI Purchases AI-Driven Personal Investing Application

OpenAI has successfully acquired the AI-driven personal finance application Roi, bringing CEO Sujith Vishwajith on board as part of the agreement. As reported by TechCrunch,...