2025 – Page 226 – FintechDaily

Zepz to Cut 200 Jobs

London-based money transfer company Zepz is reportedly laying off around 200 employees, as stated by CNBC. The organization, formerly known as WorldRemit, is reducing its...

One-Third of Central Banks Postpone CBDC Timelines

With Donald Trump imposing a ban on developments related to a digital dollar, a recent central bank survey indicates that while 75% still intend to...

AML Regulations Increasing Compliance Costs Throughout the UK

A recent report from LexisNexis Risk Solutions highlights that escalating Anti-Money Laundering (AML) regulations are driving up compliance costs for financial institutions in the UK,...

TMX Group Acquires Stake in VettaFi

Canadian exchange operator TMX Group has acquired a 21% stake in data, analytics, indexing, and digital distribution firm VettaFi for US$175 million. In addition to...

BBVA Mexico Revamps Its Credit Card Offerings

BBVA Mexico is revamping its credit and debit cards by incorporating biometrics, eliminating printed data, and utilizing recycled plastic. The new Aqua cards will not...

VTB and Visa Trial ‘Pay-by-Glance’ Technology

Russia's VTB is collaborating with Visa and a local fintech to enable restaurant customers to make payments simply by looking at a camera. The bank...

Semafone, a Call Centre Data Security Firm, Secures Majority Investment

Call centre data security and compliance specialist Semafone has secured a majority investment from private equity firm Livingbridge, although the terms of the deal remain...

BNP Paribas Makes Investment in AccessFintech

BNP Paribas has become the latest banking institution to invest in AccessFintech, contributing to an already announced Series C funding round for the capital markets...

Modernization: A Driving Force Toward Payment Utopia

With day two now completed, we are beginning to reflect on the incredible wealth of insights shared across six panel sessions, two roundtables, a dynamic...

Fed Official Cautions That CBDCs Might Become an Embarrassing Fad

The Federal Reserve's chief of supervision has recently addressed the topic of Central Bank Digital Currencies (CBDCs), likening them to the parachute pants popularized by...