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Friday, August 1st, 2025
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FintechDaily Staff

Frax Unveils Tokenized Stablecoin Supported by BlackRock and Securitize

Frax Unveils Tokenized Stablecoin Supported by BlackRock and Securitize
Frax aims to establish itself as the US digital dollar, positioning itself as "the world's most innovative decentralized stablecoin and DeFi stablecoin infrastructure." Decentralized stablecoin...
FintechDaily Staff
January 27, 2025

ChatGPT Analyzes ‘Fed Speak’ to Forecast Interest Rate Trends

ChatGPT Analyzes ‘Fed Speak’ to Forecast Interest Rate Trends
A recent study conducted by researchers at Sheffield Hallam University reveals that large language models, such as ChatGPT, can effectively predict future interest rate decisions...
FintechDaily Staff
January 27, 2025

Digital Payments Surge in Europe, Yet Cash Remains Dominant at Points of Sale

Digital Payments Surge in Europe, Yet Cash Remains Dominant at Points of Sale
While the use of digital payments is increasing in the euro area, cash still accounts for over half of all point-of-sale transactions, as indicated by...
FintechDaily Staff
January 27, 2025

MPs Claim APP Scam Reimbursement Plans are “Fundamentally Flawed”

MPs Claim APP Scam Reimbursement Plans are “Fundamentally Flawed”
UK lawmakers have criticized proposals that would transfer the responsibility for compensating scam victims to an organization backed by the banking sector, labeling them as...
FintechDaily Staff
January 27, 2025

Finextra’s Premier Impact Study Reports of 2022

Finextra’s Premier Impact Study Reports of 2022
As 2022 comes to a close, we reflect on our most downloaded impact study reports from the year. These reports serve as practical guides that...
FintechDaily Staff
January 27, 2025

DLocal Considers Potential Sale – Reuters

DLocal Considers Potential Sale – Reuters
Unicorn Latin American cross-border payments platform dLocal is reportedly exploring a potential sale, according to Reuters. The Uruguay-based company has engaged Morgan Stanley to assess...
FintechDaily Staff
January 27, 2025

Tanzanian Money Transfer App Nala Expands Launch into the EU Market

Tanzanian Money Transfer App Nala Expands Launch into the EU Market
This launch provides the African diaspora in Europe, the UK, and the United States with efficient and cost-effective options for sending money to Tanzania, Kenya,...
FintechDaily Staff
January 27, 2025

Bank-Supported EPI Completes Initial E-Commerce Transactions

Bank-Supported EPI Completes Initial E-Commerce Transactions
The European Payments Initiative (EPI), a bank-backed initiative designed to create a competitor to Mastercard and Visa in Europe, has successfully completed its first e-commerce...
FintechDaily Staff
January 27, 2025

Virgin Money and TSB Criticized for Online Security Vulnerabilities

Virgin Money and TSB Criticized for Online Security Vulnerabilities
Starling Bank and HSBC lead the rankings for online banking security, according to assessments conducted by Red Maple Technologies for consumer advocate Which?. In contrast,...
FintechDaily Staff
January 27, 2025

Indian Lending Platform KreditBee Secures Second Tranche in $200 Million Funding Round

Indian Lending Platform KreditBee Secures Second Tranche in $200 Million Funding Round
Bengaluru-based fintech lending platform KreditBee has successfully extended its Series D funding round with a new investment of $100 million from private equity powerhouse Advent...
FintechDaily Staff
January 27, 2025

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