Latest News – Page 3 – FintechDaily

Lloyds Bank Negotiating Acquisition of Curve

The UK's largest high street bank is reportedly in talks to acquire digital wallet provider Curve. According to Sky News, Lloyds Banking Group is in...

JPMorgan to Begin Charging Fintech Companies for Access to Customer Data

Fintech firms aiming to access bank customers' data may need to pay, as reported by Bloomberg regarding JP Morgan's new policy. According to the report,...

Zopa Launches New Office in Manchester

Zopa, a digital bank headquartered in London, is set to expand its presence by opening a new office in Manchester, aiming for a workforce of...

Alipay Ant Forest: Empowering Citizens to Take Action on Carbon Reduction

According to the Green Digital Finance Alliance (GDFA), the implementation of nudging techniques and incentives on digital platforms has the potential to significantly alter consumer...

ECB Warns About the Influence of Big Tech in Financial Services and Cloud Solutions

The European Central Bank (ECB) has expressed concern over the lack of a European competitor capable of challenging the dominance of U.S. tech giants in...

Revolut Introduces Stocks, Shares ISAs, and ETF Investment Opportunities

Revolut has introduced Stocks and Shares ISAs, along with UK-listed Exchange-Traded Funds (ETFs), further broadening investment choices for its UK customers. The new Stocks and...

Linux Foundation Tackles Climate Risk with New Open Source Platform

The Linux Foundation has unveiled its initiative to leverage AI-powered open-source analytics and open data in addressing climate-related risks and opportunities. Leading this effort are...

How a Single Calculation Could Spark Climate Action

A consortium of experts focused on Environmental, Social, and Governance (ESG) issues is developing a risk-weighting methodology for banks to effectively manage assets impacted by...

Revolut Aims for $65 Billion Valuation in Upcoming Funding Round

Revolut is reportedly seeking to secure a new funding round that could elevate its valuation to $65 billion, as indicated by the Financial Times. The...

CFTC Report Urges Immediate Data Collection to Address Climate Risk

The U.S. Commodity Futures Trading Commission's (CFTC) Climate-Related Market Risk Subcommittee has issued its inaugural, comprehensive set of recommendations aimed at addressing climate risk management...