FintechDaily Staff – Page 34

Five Banks Propel Two-Thirds of AI Research in the Banking Sector

JPMorgan Chase accounts for over one-third of the AI research conducted within the banking sector, according to findings from Evident, a benchmarking and intelligence platform....

WhatsApp Introduces QR Code Payments for Business App

Meta has introduced a QR code-based payments option for the WhatsApp Business App. Unveiled at the company's business summit in India, this feature allows small...

Kaia and Line Set to Unveil Stablecoin Super App

Two Asia-based fintech companies, Line Next and Kaia, have launched a stablecoin superapp aimed at facilitating cross-border payments. Line Next operates as the web3 division...

Cardless Secures $60 Million in Funding

Embedded credit card platform Cardless has successfully raised $60 million in a Series C growth round led by Spark Capital. This latest funding brings Cardless's...

Guavapay Halts UK Operations in Compliance with FCA Agreement

London-based fintech Guavapay has announced a temporary suspension of its UK services in collaboration with the Financial Conduct Authority (FCA) due to "significant challenges" with...

PayPal Invests in Stable Layer 1 Blockchain Technology

PayPal Ventures has made a strategic investment in Stable, a layer 1 blockchain network designed for stablecoin transactions. This investment is part of Stable's $28...

UK Leads in European Fintech Funding

The UK has emerged as a dominant player in European fintech, securing over half of the continent's venture funding in the first half of 2025....

SoftBank Vision Fund Reduces Workforce by 20% to Advance AI Initiatives

Fintech venture capital firm SoftBank Vision Fund has announced plans to reduce its workforce by 20% as part of a strategic pivot toward enhancing AI...

Rekord Secures $2.1M to Enhance Credit Decisioning Technology

Rekord, a startup based in Dublin, has successfully secured $2.1 million in pre-seed funding to develop its AI-driven orchestration platform designed for credit decision-making. The...

Nvidia Invests £2 Billion in UK AI Ecosystem, Supporting Revolut and Nscale

Nvidia Corp has committed £2 billion to support AI innovation and development in the UK, targeting investments in AI companies, fintech firms, and startups. According...