FintechDaily Staff – Page 5

Revolut Encounters Additional Delays for UK License Approval; Secures AI Travel Agency Acquisition

Revolut is reportedly experiencing further delays in obtaining a full UK banking license, primarily due to regulators' concerns regarding the fintech's risk controls for cross-border...

SS&C Acquires Calastone for $1 Billion

SS&C Technologies has successfully completed its acquisition of funds processing network Calastone, marking one of the most significant transactions between investment management technology firms in...

FCA Unveils Strategy to Support Investment Fund Tokenization

The UK's Financial Conduct Authority (FCA) has announced plans to promote tokenisation in asset management, highlighting its potential to drive innovation and growth in the...

Monzo Introduces Integrated Tax Filing Tool

UK digital bank Monzo has introduced an innovative tool that allows sole traders and landlords to file their taxes directly to HM Revenue and Customs...

Lunar Achieves Milestone as Scandinavia’s First MiCA Crypto License Provider

Nordic challenger bank Lunar has made headlines by becoming the first provider in the region to obtain a crypto license under the EU's MiCA regulation....

Top Banks Investigate Blockchain-Enabled Digital Currency

Some of the world's largest banks, including Banco Santander, Bank of America, Barclays, BNP Paribas, Citi, Deutsche Bank, Goldman Sachs, MUFG Bank Ltd, TD Bank...

PicPay of Brazil Targets IPO in the U.S.

Brazilian fintech PicPay is aiming to raise up to $500 million in a US initial public offering, as reported by Bloomberg. The company is collaborating...

Mastercard Launches Platform to Enhance Payment Approval Rates

Mastercard has launched the Payment Optimisation Platform (POP), aimed at enhancing approval rates for merchants by leveraging data to make informed transaction decisions. Adyen, Neopay,...

Wise Obtains Retail Payments License in the UAE

UK-based fintech Wise has received approval from the Central Bank of the UAE to offer its money transfer and payment services in the Middle East...

Visa Introduces Trusted Agent Protocol for AI Commerce

Visa has introduced a new protocol designed to serve as a foundational framework for enabling AI agents to process payments on behalf of users and...