2025 – Page 176 – FintechDaily

CIBC to Recruit 200 Experts in Data and AI

Canadian bank CIBC is planning to expand its workforce by recruiting over 200 professionals specializing in data and artificial intelligence over the next year. The...

Egypt’s Khazna to Pursue Banking License Following $16 Million Pre-Series B Funding Round

Khazna, a fintech company based in Egypt that focuses on providing financial services to underserved populations, has successfully secured $16 million in a pre-Series B...

NatWest Introduces Home Energy Hub

NatWest has introduced a new hub aimed at assisting UK homeowners in enhancing the energy efficiency of their properties. With energy costs on the rise...

Global Financial Market Data Expenditures Reach $44.3 Billion

Global expenditure on financial market data and news experienced moderate growth in 2024, with revenues increasing by 6.4% to reach $44.3 billion. This growth rate...

Djamo, the African Neobank, Secures $17 Million in Funding

Djamo, a neobanking startup aimed at the underbanked population in Francophone West Africa, has successfully raised $17 million in its latest funding round. This amount...

Klarna Halts IPO Plans Amid Market Turmoil from Trump Tariffs

Klarna, the prominent Swedish buy now, pay later (BNPL) provider, recently submitted an application to the Securities and Exchange Commission to list its common shares...

Collaboration and Competition: Embracing a New Era of Positive Synergy

As the financial industry rapidly evolves, it presents a unique set of challenges for both traditional banks and fintech firms, making their collaboration increasingly vital....

CommBank to Provide AI Training Modules for All Employees

Commonwealth Bank of Australia (CommBank) is introducing an AI microlearning initiative designed for its entire workforce. The series, titled "AI For All," features concise learning...

Lunar Appoints Nanna Bergmann to Head BaaS Spinoff

Lunar, the Nordic challenger bank, has named Nanna Bergmann from The Bank of London to head Moonrise, its newly launched Banking-as-a-Service division. Established as a...

South Korea Gears Up for CBDC Pilot with 100,000 Participants

South Korea is gearing up to launch a pilot program for a central bank digital currency (CBDC), which will engage 100,000 participants, as reported by...