FintechDaily – Page 13 – Fresh Dose of Fintech News

UK Mobile Networks to Combat Impersonation Scams by Blocking Spoofed Numbers

Top mobile networks, including BT, EE, Vodafone, Three, and Virgin Media O2, are set to implement a series of new measures aimed at protecting consumers...

Blockchain Set to ‘Eventually’ Enable All Transactions

Bill Winters, the chief executive of Standard Chartered, has expressed his belief that nearly all transactions will eventually be settled on the blockchain. Speaking at...

EU Thwarts €600 Million Cryptocurrency Scam

European authorities have apprehended nine individuals linked to a cryptocurrency money laundering network that defrauded victims of over €600 million. The investigation, spearheaded by Eurojust,...

OpenAI Engages Wall Street Bankers to Develop AI Financial Models

OpenAI has recently expanded its team by hiring over 100 former investment bankers to enhance its AI capabilities in developing financial models, as reported by...

Pave Secures $39 Million to Develop a Programmable Banking Platform

Pave Bank has successfully secured $39 million in funding to advance its vision of being the first "programmable bank" tailored for digital assets and the...

BMO and Affirm: Navigating Deepfakes, Downtime, and the Need for a Crisis-Ready Culture

At AFP 2025 in Boston, a panel featuring Larry Zelvin, Executive Vice President and Head of the Financial Crimes Unit at BMO; Sarah McMorris, CTP,...

28 Million Brits Turn to AI Tools for Money Management

More than half of adults in the UK have utilized artificial intelligence over the past year to assist with financial management, making it the most...

Coinbase Makes Investment in India’s CoinDCX

Coinbase is turning its focus towards India and the Middle East following a strategic investment in CoinDCX, a Mumbai-based cryptocurrency exchange, which has been valued...

Judge Issues Temporary Halt on CFPB Open Banking Regulation

A US judge has issued a preliminary injunction temporarily blocking the enforcement of the Consumer Financial Protection Bureau's (CFPB) open banking rule. The US District...

Santander Combines Openbank with Its Consumer Finance Division in Europe

Santander is merging its Openbank digital brand with its consumer finance division across Europe, aiming to streamline operations. The bank plans to establish a unified...