FintechDaily Staff – Page 161

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...

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...

Mastercard Unveils GenAI Retail Assistant

Mastercard has introduced an innovative generative AI retail assistant designed to provide shoppers with personalized product recommendations. The new tool, named Shopping Muse, was crafted...

Lumin Digital Secures $160 Million in Funding for Its Digital Banking Platform

Lumin Digital, a cloud-native digital banking platform, has successfully secured over $160 million in growth equity financing, with contributions from Light Street Capital, NewView Capital,...

Plum Sets Its Sights on Greece with Support from Eurobank

Plum, a UK-based smart money application, has successfully secured a €10 million minority equity investment from Eurobank in Greece, marking the beginning of a strategic...

The Environmental Impact of Cryptocurrency Mining and Trading

Financial regulators have frequently highlighted the environmental concerns associated with cryptocurrencies. A recent study by Forex Suggest indicates that to balance the ecological impact of...

Finastra Survey Reveals Global Investments in AI, Embedded Finance, and Banking as a Service (BaaS)

Finastra’s latest global State of the Nation Survey has highlighted the financial services industry’s growing investment in cutting-edge technologies, including artificial intelligence (AI), embedded finance,...

Fed to Assess Banks’ Vulnerability to Climate Risk

The Federal Reserve has directed the six largest banks in the United States—Bank of America, Citigroup, Goldman Sachs, JPMorgan Chase, Morgan Stanley, and Wells Fargo—to...

Fujitsu Collaborates with Palantir Technologies to Accelerate Business Transformation

Fujitsu, a leader in sustainable digital transformation, has formed a strategic partnership with Palantir Technologies to enhance business transformation efforts in Japan and tackle pressing...

Santander Unveils Online Pension Plan Featuring Cashback Offer of Up to £1000

Banco Santander has introduced a Self-Invested Personal Pension (SIPP) plan in the UK, offering a £1,000 cashback incentive for investments exceeding £100,000. A SIPP is...