2025 – Page 366 – FintechDaily

Japanese Banks Test Pilot Program for Stablecoin-Enabled Cross-Border Payments

Japanese banks MUFG, SMBC, and Mizuho are participating in a pilot program that leverages stablecoins and the Swift network for cross-border payments. The cross-border transfer...

What Motivates Banks to Embrace Cloud Technology?

Finextra Research is set to host its second Financial Cloud Summit conference on March 7th, 2024, at King’s Place in London. This year’s event will...

US Treasury Proposes New Crypto Tax Reporting Guidelines

Cryptocurrency exchanges and payment processors in the US will soon be mandated to report user transaction information to the Internal Revenue Service (IRS) under a...

PastPay, a B2B BNPL Provider, Raises €12 Million in Series A Funding

B2B buy now, pay later platform PastPay has secured €12 million in a Series A funding round led by Platina Capital, with participation from several...

Fintech Investment in the US and UK Sees Notable Decline in 2023

Investment in fintech startups in the US and UK saw significant declines in 2023, driven by inflation, rising interest rates, geopolitical challenges, and other macroeconomic...

FNA Receives Grant from University of Cambridge to Create Market Monitoring Tool

Network analytics and simulation firm FNA has been awarded $100,000 through the University of Cambridge's SupTech Launchpad competition to develop a prototype for monitoring financial...

Grayscale Achieves Legal Victory Against SEC Concerning Bitcoin ETF

A US federal appeals court has ruled in favor of an asset manager in a lawsuit against the Securities and Exchange Commission (SEC) regarding the...

FCA to Perform Fair Value Assessments to Safeguard Consumer Savings Options

The Financial Conduct Authority (FCA) has assessed nine firms regarding their savings products amid concerns about unfair savings deals for consumers. The Consumer Duty, introduced...

Switzerland to Implement Europe’s Most Stringent AML Standards

The Swiss Government has drafted new anti-money laundering regulations that will establish stricter standards than those currently in place across Europe. The proposed rules will...

Crypto Industry Responds to Implementation of FATF Travel Rule

From today, the UK will implement new anti-money laundering regulations for cryptocurrency, following guidelines established by the Financial Action Task Force (FATF). The new regulations...