2025 – Page 73 – FintechDaily

How a Single Calculation Could Spark Climate Action

A consortium of experts focused on Environmental, Social, and Governance (ESG) issues is developing a risk-weighting methodology for banks to effectively manage assets impacted by...

Revolut Aims for $65 Billion Valuation in Upcoming Funding Round

Revolut is reportedly seeking to secure a new funding round that could elevate its valuation to $65 billion, as indicated by the Financial Times. The...

CFTC Report Urges Immediate Data Collection to Address Climate Risk

The U.S. Commodity Futures Trading Commission's (CFTC) Climate-Related Market Risk Subcommittee has issued its inaugural, comprehensive set of recommendations aimed at addressing climate risk management...

AI Vending Machine Operator Faces Identity Crisis

An AI agent, operating within a small vending machine enterprise at Anthropic, recently attempted to terminate its human workers, mistakenly believing itself to be a...

UK Chancellor Pauses ISA Cuts Following Backlash

Rachel Reeves, the UK Chancellor, recently proposed reducing the allowance for tax-free cash savings, aiming to encourage the public to invest more in stocks and...

UK Banks Criticized for Inadequate Climate Strategy

Research conducted by Ethical Consumer magazine reveals that, despite numerous declarations regarding environmental commitments, only two of the UK's 36 major banks have effectively demonstrated...

Lloyds Banking Group to Explore Neurosymbolic AI Testing

Lloyds Banking Group is set to enhance its innovation efforts by integrating a neural network-based AI product developed by UnlikelyAI into its innovation sandbox. UnlikelyAI...

Long-Term Stock Exchange Launches Operations

A new stock exchange, supported by prominent figures from Silicon Valley, has officially launched, aiming to cater to companies and investors committed to long-term growth...

Propel Venture Partners Completes $100 Million Fundraising Round

Propel Venture Partners, a seed-stage venture firm backed by BBVA, has successfully closed a $100 million fund. Co-led by Jay Reinemann and David Mort, who...

Ageras Acquires Payroll Firm Employes in Eighth Acquisition

Accounting, admin, and banking software platform Ageras has made its eighth acquisition by purchasing the Dutch payroll company Employes. This marks Ageras's most significant move...