2025 – Page 75 – FintechDaily

Revolut Soars: Reports $1.4 Billion in Profits for FY24

Revolut has announced remarkable growth for the fiscal year 2024, achieving pre-tax profits of $1.4 billion and a net profit of $1 billion. Group revenues...

ING Tests Carbon Tracking App Powered by Cogo

ING is set to trial a new carbon footprint tracking application developed by fintech company Cogo, targeting 350,000 of its mobile customers. The innovative Footprint...

UK to Host Global AI Summit at Iconic Bletchley Park

Prime Minister Rishi Sunak has declared that the forthcoming global summit on artificial intelligence (AI) safety will take place at the iconic Bletchley Park in...

FCA Launches Live AI Testing Service for Financial Institutions

The Financial Conduct Authority (FCA) is set to launch a live AI testing service aimed at assisting firms in deploying safe and responsible artificial intelligence...

UK Reveals Proposed Cryptocurrency Legislation

The UK government has unveiled draft legislation aimed at integrating crypto firms into the regulatory framework. Introduced by Chancellor Rachel Reeves, these rules are intended...

80% of Banks Would Turn Away Clients Engaging in Cryptocurrency Transactions

Smarter Faster Payments in New Orleans brought together representatives from the Federal Reserve Bank, Citizens, EPCOR, and Nacha to discuss the potential of blockchain for...

Experts Discuss the Future of Payment Systems in the U.S.

Nacha’s Smarter Faster Payments conference in New Orleans showcased the growing momentum behind real-time payments and their transformative potential across various sectors. However, sessions also...

Scotland Launches Fintech Initiative with Series of Events

A series of focus group events will be conducted throughout Scotland to support the ambitious initiative of creating over 20,000 fintech-related jobs in the coming...

MSCI Enhances Collaboration with Google to Delve into AI Services

MSCI has announced an extension of its partnership with Google Cloud, aiming to enhance the development of generative AI services catered to the investment sector....

Zopa Set to Introduce Current Accounts After Two Successful Years of Profit

UK-based online bank Zopa has reported a remarkable achievement, doubling its pre-tax profits in its second consecutive year of profitability. In presenting the full-year results,...