FintechDaily Staff – Page 351

CBA and BNY Launch Near Real-Time Cross-Border Payment Solutions

Commonwealth Bank of Australia is now offering near real-time cross-border payments for businesses and consumers receiving international payments from US bank BNY. With this new...

Cardeo, the Payments App, Ceases Operations

UK credit card management app Cardeo is shutting down after failing to secure additional investment to sustain its operations. Founded in 2020, Cardeo utilized open...

Nationwide App Experiences Delays in Faster Payments

Nationwide users have been informed that payments are currently experiencing delays. This issue follows similar complications reported in June. Payments from Nationwide and other banks,...

How Are Merchants Utilizing AI in Payment Solutions?

At the Merchants Payments Ecosystem conference 2024, Chairwoman Anna Maj moderated a session titled "Next-Generation Technologies for Merchant Payments," featuring a panel of experts: Bartosz...

DBS Launches Pilot Program for Blockchain-Enabled Grant Disbursements

Singapore's DBS Bank has successfully completed a pilot project utilizing blockchain technology for programmable disbursements of government grants to businesses. The pilot, carried out in...

Arch, a Private Investment Management Platform, Secures $20 Million in Funding

Private investment management platform Arch has successfully raised $20 million in a Series A funding round led by Menlo Ventures. Participating in this round were...

Adyen Appoints Tom Adams from Cash App as Chief Technology Officer

Payments processor Adyen has appointed Tom Adams, formerly the head of engineering at Cash App, as its new chief technology officer. Adams takes over from...

Former Stripe Employees Introduce AI-Driven Wealth Management Platform

Technology veterans with experience at Stripe and Square have successfully raised $3.1 million to launch an AI-driven wealth management platform called Era. Northzone led the...

Revolut Introduces Bond Trading Feature

Revolut is introducing the option for users across Europe to buy and sell corporate and government bonds. Provided through Revolut Securities Europe, this service enables...

What Impact Will a Digital Euro Have?

At the Merchant Payments Ecosystem 2024 conference in Berlin, Evelien Witlox from the European Central Bank (ECB) delivered a keynote on the potential of a...