FintechDaily – Page 13 – Fresh Dose of Fintech News

BofE Property Specialist Jackie Bennett Joins Climate X

Jackie Bennett, the chair of the Bank of England's Residential Property Forum, has taken on an advisory role at Climate X, where she aims to...

Temenos Intensifies Its AI Strategy

Temenos has officially introduced its Responsible Generative AI solutions, enhancing its AI banking platform's capabilities. The introduction follows the launch of Temenos's initial generative AI...

Hindenburg Research Closes Its Doors: The End of Temenos’ Troubling Critique

Hindenburg Research, the notable US-based short-selling firm, has announced its decision to dissolve operations. Founder Nate Anderson communicated this shift in a message on the...

UK Establishes Climate Finance Partnership with Fiji

The UK Government has announced a significant partnership with the British High Commission (BHC) in Suva, Fiji, aimed at delivering climate finance projects across Pacific...

UBS CEO Cautions Against Postponing Credit Suisse IT Integration Risks

UBS is focused on executing a rapid and effective IT integration following its acquisition of Credit Suisse, intending to retain only a fraction—10%—of its former...

Revolut Penalized €3.5 Million by Lithuanian Central Bank for AML Violations

Revolut has been penalized €3.5 million by the Lithuanian central bank due to deficiencies in its anti-money laundering (AML) practices.

Blackhawk Network Teams Up with Visa to Move Beyond Plastic Cards

Blackhawk Network (BHN) has partnered with Visa to transition its network-branded prepaid products, which are currently distributed through third-party retail channels, from plastic to paper-based...

Wise to Establish Hub in Hyderabad

UK-based fintechs Wise and Revolut are intensifying their efforts in India, with Wise establishing a hub in Hyderabad that is expected to employ hundreds, while...

House of Representatives Rejects CFPB Oversight of Big Tech Payment Applications

The US House of Representatives has voted to overturn a Consumer Financial Protection Bureau (CFPB) rule that would have granted oversight of tech giants like...

Block to Face $40 Million Penalty for AML Violations

Block will pay a $40 million penalty to New York regulators due to "significant failures" in its anti-money laundering program and compliance issues with virtual...