FintechDaily Staff – Page 27

Tether Launches New US Stablecoin

Tether has appointed Bo Hines, the former executive director of the White House Crypto Council, to lead the launch of a new US-regulated, dollar-backed stablecoin...

Eloquent AI Secures $7.4M to Streamline Financial Services Customer Support

Eloquent AI, a startup focused on automating customer support for financial services, has launched its AI Operator platform and secured a $7.4 million seed round....

Wealthsimple Data Breach Compromises Customer Information

Canadian wealth management platform Wealthsimple has announced that a security breach has compromised the personal information of some customers. Contact details, government IDs, financial data...

Most SMEs Will Invest in a Digital Company ID Service

More than eight in ten small and medium-sized enterprises (SMEs) in the UK are open to paying for a Digital Company ID service, according to...

Mastercard Unveils On-Demand Decisioning Tool

Mastercard has introduced the On-Demand Decisioning (ODD) tool, providing financial institutions greater authority over authorization decisions. ODD enables issuers to establish decisioning criteria directly on...

Rainforest Secures $29 Million for Its Embedded Payment Platform

Rainforest, an embedded payment provider designed specifically for software platforms, has successfully raised $29 million in an oversubscribed Series B funding round. This round was...

BT Divests Radianz Business to TNS

BT is divesting its financial information business, Radianz, to Transaction Network Services (TNS). Radianz, which BT acquired from Reuters in 2005, operates a financial information...

Klarna Launches with a Premium Price Tag

Klarna has priced its IPO at $40.00 per share, resulting in a valuation of $15 billion. Early indications show strong demand, with the share price...

Revolut Obtains Preliminary Approval for UAE Payments License

Revolut is set to launch in the UAE after obtaining in-principle approval from the central bank of the Gulf region. The approval for Stored Value...

Revolut Launches Pay by Bank Feature

Revolut is set to launch a "Pay by Bank" option, advancing the future of merchant payments by bypassing card networks and allowing direct transactions from...