2025 – Page 54 – FintechDaily

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...

Chipper Cash Partners with Ripple for Cross-Border Payment Solutions in Africa

Ripple has established a partnership with Chipper Cash to provide crypto-enabled cross-border payment solutions to the African money transfer company. Chipper Cash, which serves five...

CFPB Plans to Abandon BNPL Regulation

The Consumer Financial Protection Bureau (CFPB) is poised to reverse its previous stance by dropping an interpretive rule that classified pay-in-four Buy Now, Pay Later...