FintechDaily – Page 113 – Fresh Dose of Fintech News

Green Finance Institute Warns UK GDP May Drop 12% Due to Environmental Degradation

According to a study by the Green Finance Institute, environmental degradation could potentially lead to a 12% decline in the UK's GDP in the coming...

Frank Founder Javice Convicted of Defrauding JPMorgan

Charlie Javice, the founder of the student financial aid assistance company Frank, has been found guilty of defrauding JPMorgan Chase in connection with its $175...

Former UBS CEO Hamers Partners with AI Wealth Management Startup Arta Finance

Ralph Hamers, the former CEO of UBS, has taken on the role of external senior advisor at Arta Finance, an innovative digital wealth management startup...

Lloyds Partners with Doshi to Foster Gamified Learning for Youth

Lloyds Bank is collaborating with fintech company Doshi to create an interactive financial education platform designed specifically for students and young adults. This innovative platform...

IFC and SocGen’s Romania Partnership Represents a Significant Achievement in Sustainable Finance

Societe Generale (SocGen) and the International Finance Corporation (IFC) have entered into a Collaboration Framework Agreement aimed at enhancing sustainable finance initiatives in developing nations....

Microsoft Banking Executive Christofi Joins PwC as Partner

Lilia Christofi, who previously served as Microsoft’s head of banking for the EMEA region, has joined PwC to spearhead the consulting firm’s financial services data...

Federal Reserve: U.S. Banks Face Challenges in Managing Climate Risk Data

According to a recent climate scenario analysis conducted by the Federal Reserve, American banks are facing significant challenges in accurately assessing the influence of climate...

Ziglu Secures £5 Million Funding to Launch Ziglu Coin

Ziglu, a cryptocurrency firm based in the UK, has successfully secured £5 million, now valued at £45 million. This company, which previously commanded a valuation...

Mastercard and Standard Chartered Launch Pilot for Tokenized Deposits

Mastercard has joined forces with Standard Chartered to initiate a proof-of-concept pilot focused on tokenized deposits and carbon credits. Collaborating with Mox, a digital bank...

Panel Predicts GenAI Will Outshine Ecommerce and the Internet in Impact

Navigating the Generative AI Revolution in Financial Services At Sibos, Dorian Selz, CEO and co-founder of Squirro, emphasized the transformative impact of generative AI (GenAI),...