FintechDaily Staff – Page 162

UBS Introduces Tokenized Warrant on a Public Blockchain

UBS has introduced Hong Kong’s first investment-grade tokenized warrant on the Ethereum public blockchain network. The product, utilizing the on-chain issuance framework provided by UBS...

Mastercard Launches Biometric Checkout Initiative in Europe

Poland is set to serve as the European testing ground for a new biometric checkout program from Mastercard, which incorporates both facial and iris recognition...

Bank-Supported DLT-Driven CBDC Initiative Project MBridge Achieves MVP Milestone

The Bank for International Settlements (BIS) has announced that its multi-central bank digital currency (CBDC) platform, Project mBridge, has reached the minimum viable product (MVP)...

Banking Technology Startup Plumery Secures $4.5 Million in Funding

Plumery, a startup specializing in component-based banking technology and founded by Ben Goldin, the former CTO and CPO of Mambu, has successfully secured $4.5 million...

Collaborative Approaches to Shaping the Future of Fraud Prevention in PaaS

The second day of EBAday 2023 focused on the prominent topic of Payments as a Service (PaaS) and highlighted essential preventative measures to safeguard PaaS...

Peru Adopts India’s UPI Technology

Peru has partnered with NPCI International Payments to establish a real-time payments system modeled after India's UPI. The Central Reserve Bank of Peru has signed...

Credora Secures $6 Million to Enhance Transparency in Credit Markets

S&P Global and Coinbase Ventures have participated in a $6 million funding round for Credora, a startup that specializes in privacy-preserving technology for real-time credit...

Nasdaq Private Market Secures $62.6 Million in Funding

Nasdaq Private Market (NPM) has successfully secured $62.6 million in its Series B funding round, attracting investment from several prominent banks. The funding round was...

Mizuho to Implement Generative AI for Workforce Enhancement

Japanese bank Mizuho has made Microsoft’s OpenAI platform accessible to its 45,000 employees. As reported by Bloomberg, this technology will help accelerate the bank’s digital...

Wirecard CEO Braun’s Lawyers Cease Work Over Insufficient Funds

Markus Braun, the former CEO of Wirecard, is now dependent on state-provided legal representation after his previous lawyer resigned due to a lack of funds....