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Wednesday, July 9th, 2025
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2025

Circle Secures Banking Partners for Stablecoin-Powered SWIFT Competitor

Circle Secures Banking Partners for Stablecoin-Powered SWIFT Competitor
Stablecoin platform Circle is collaborating with Standard Chartered, Deutsche Bank, Société Générale, and Santander to establish a cross-border payment network aimed at competing with Swift....
FintechDaily Staff
April 22, 2025

Discover Faces $1.2 Billion Restitution Order Due to Interchange Fees

Discover Faces $1.2 Billion Restitution Order Due to Interchange Fees
The Federal Deposit Insurance Corporation (FDIC) has instructed Discover Bank to return over $1.2 billion to merchants who were overcharged due to excessive swipe fees...
FintechDaily Staff
April 22, 2025

John Lewis Introduces Pocket Money Pets for Young Children

John Lewis Introduces Pocket Money Pets for Young Children
As the holiday season approaches, UK department store John Lewis has introduced an innovative product called Nestlums—a Tamagotchi-inspired pet designed to teach young children about...
FintechDaily Staff
April 22, 2025

Barclays Increases Investment in Climate-Tech Startups to £500 Million

Barclays Increases Investment in Climate-Tech Startups to £500 Million
Barclays Bank is poised to significantly increase its investments in climate technology startups, raising its commitment to £500 million with a focus on decarbonization initiatives....
FintechDaily Staff
April 22, 2025

Commerzbank Develops AI-Driven Virtual Assistant Using Generative Technology

Commerzbank Develops AI-Driven Virtual Assistant Using Generative Technology
Commerzbank is partnering with Microsoft to integrate generative AI and avatar technology into a new virtual assistant for its mobile application. This innovative avatar will...
FintechDaily Staff
April 22, 2025

MUFG Acquires Robo-Advisor for $664 Million

MUFG Acquires Robo-Advisor for $664 Million
Mitsubishi UFJ Financial Group (MUFG) has announced its intention to acquire full ownership of the robo-advisor WealthNavi for a total of $664 million. Previously, MUFG...
FintechDaily Staff
April 22, 2025

Klarna to Offer Sustainability Insights for Electronic Products

Klarna to Offer Sustainability Insights for Electronic Products
Klarna is leveraging data from Clarity AI to highlight environmentally responsible brands to its extensive community of over 150 million active shoppers. The initiative will...
FintechDaily Staff
April 22, 2025

Westpac and nCino Headline $28 Million Investment Round in Rich Data Co

Westpac and nCino Headline $28 Million Investment Round in Rich Data Co
Westpac and nCino have taken the lead in a $28 million funding round for Rich Data Co, an Australian artificial intelligence platform focused on decision-making...
FintechDaily Staff
April 22, 2025

Ripple Partners with Tenity for DeFi Fund Initiative

Ripple Partners with Tenity for DeFi Fund Initiative
Swiss fintech incubator Tenity is enhancing its commitment to Decentralized Finance (DeFi) by launching an early-stage fund dedicated to supporting innovative startups that are developing...
FintechDaily Staff
April 22, 2025

Santander Introduces In-Branch Card Recycling Machines

Santander Introduces In-Branch Card Recycling Machines
Santander is launching a recycling initiative in select branches across the UK, allowing customers to dispose of expired or unused plastic cards in an environmentally...
FintechDaily Staff
April 21, 2025

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