2025 – Page 184 – FintechDaily

Federal Reserve: U.S. Banks Face Challenges in Managing Climate Risk Data

According to a recent climate scenario analysis conducted by the Federal Reserve, American banks are facing significant challenges in accurately assessing the influence of climate...

Ziglu Secures £5 Million Funding to Launch Ziglu Coin

Ziglu, a cryptocurrency firm based in the UK, has successfully secured £5 million, now valued at £45 million. This company, which previously commanded a valuation...

Mastercard and Standard Chartered Launch Pilot for Tokenized Deposits

Mastercard has joined forces with Standard Chartered to initiate a proof-of-concept pilot focused on tokenized deposits and carbon credits. Collaborating with Mox, a digital bank...

Panel Predicts GenAI Will Outshine Ecommerce and the Internet in Impact

Navigating the Generative AI Revolution in Financial Services At Sibos, Dorian Selz, CEO and co-founder of Squirro, emphasized the transformative impact of generative AI (GenAI),...

Zopa Ventures into Renewable Energy Sector

Zopa Bank has officially entered the UK’s substantial £23 billion renewable energy sector by offering its buy now, pay later and retail finance solutions to...

BofA Sees 94% Surge in AI Patents Since 2022

Bank of America has experienced a substantial surge in its focus on artificial intelligence, with a remarkable 94% increase in AI and machine learning patent...

Former Kuda Executive Claims Sex Discrimination and Unjust Termination

A former executive of the African digital bank Kuda has initiated legal proceedings against the company and its CEO, Babatunde Ogundeyi, in the UK Employment...

UBS Commits Investment to Climate Fintech Doconomy

Doconomy, a climate-focused fintech based in Sweden, has successfully secured EUR 34 million in a Series B funding round, with CommerzVentures and UBS’s venture arm...

Lunar Introduces GenAI Native Voice Assistant

In a groundbreaking development for the European banking landscape, Nordic challenger bank Lunar has introduced an innovative virtual assistant that leverages GenAI Native Voice technology....

Varo Completes $29 Million Capital Raise

US-based digital bank Varo has successfully secured $29 million in funding as part of a broader initiative aimed at raising $55 million. To date, Varo...