2025 – Page 68 – FintechDaily

Allica Bank Sees Almost Twofold Increase in Profits

British SME challenger bank Allica has achieved remarkable success, nearly doubling its profits and reaching £3 billion in lending during a record-setting year, earning recognition...

EBAday 2022: Sprinting Towards Net-Zero Goals

EBAday 2022 is right around the corner, and as the event approaches, we’re taking a closer look at some highlights from the schedule. Notably, the...

Bank Customers Shortchanged by Ineffectively Implemented Chatbots

The Consumer Financial Protection Bureau (CFPB) is closely observing the growing trend of banks employing AI-driven chatbots in response to a rise in customer complaints....

Visa Backs CO2 Tracker Ecolytiq with Investment

Sustainable finance provider Ecolytiq has successfully raised €13.5 million in a recent financing round led by Visa, alongside several notable investors. Prominent consulting firm PwC...

BBVA Partners with AWS to Launch New Data Platform

BBVA has chosen Amazon Web Services (AWS) to implement a cutting-edge data platform designed to securely manage its operational and customer data. Utilizing AWS Lake...

10x Banking Launches Comprehensive Suite of AI-Powered Core Banking Solutions

10x Banking has recently introduced a comprehensive suite of AI capabilities integrated into its meta core platform, aimed at driving banking transformation, enhancing operational efficiency,...

Deutsche Bank Executive Resigns Amid ‘Greenwashing’ Investigation

Asoka Woehrmann, the CEO of DWS, a subsidiary of Deutsche Bank, has stepped down following a police raid on the company’s offices. This action was...

Mizuho Tests Fujitsu’s Generative AI Technology

Japan's Mizuho Financial Group has initiated a trial of generative AI technology developed by Fujitsu, aimed at enhancing the efficiency of its system development and...

Most Consumers Trust Generative AI for Financial Planning

Recent research indicates that a significant majority—53%—of consumers express trust in generative AI technology for its application in financial planning. According to a study conducted...

SC Ventures Divests Indian Supply Chain Finance Platform Solv, Incubated in India

Standard Chartered's venture arm has successfully sold its incubated startup, Solv, to Jumbotail, a prominent Indian B2B commerce marketplace. Founded in 2019, SC Ventures established...