FintechDaily – Page 138 – Fresh Dose of Fintech News

Unit, the Embedded Finance Platform, Announces Job Reductions

Embedded finance platform Unit has laid off 15% of its workforce, citing "slower than expected" revenue growth. Unit's Dashboard, along with its suite of APIs,...

Finnovating Launches MatchGPT: The ‘Business Tinder’ Solution

AI startup Finnovating has introduced its own Generative Pre-Trained Transformer (GPT) aimed at assisting tech companies in identifying, matching, and engaging with corporate partners and...

Singapore’s Retail Banks Strengthen Cybersecurity Measures

The Association of Banks in Singapore (ABS) has announced that major retail banks in Singapore are enhancing their security measures to address an increasingly complex...

Expanding Applications of AI in Banking and Payments

During the final panel at EBAday 2024, Patricia Hines, head of banking and payments at Celent, engaged in a discussion about AI with a panel...

Dubai F4 Roars to Life with Ektico as Partner!

Dubai, United Arab Emirates – The 2025 Formula 4 UAE Championship has started in Dubai and Ektico, a fintech company, is one of the main...

FundGuard Secures $100 Million in Funding

FundGuard, a cloud-native, AI-powered multi-asset class investment accounting platform, has successfully completed a $100 million Series C funding round led by Key1 Capital. Participating in...

Cisco Purchases Cybersecurity Firm Splunk in $28 Billion Acquisition

Cisco Systems has announced its largest-ever acquisition, agreeing to pay $28 billion for cybersecurity company Splunk. This move aligns with Cisco's strategy to enhance its...

Fiserv Appoints Ex-JPMorgan Payments Leader Georgakopoulos

Fiserv has appointed Takis Georgakopoulos, the former global head of payments at JPMorgan Chase, as a senior advisor, executive vice president, and member of the...

Enfuce Collaborates with Kvika Bank of Iceland

Building on the growing Card-as-a-Service (CaaS) trend, Enfuce has partnered with Kvika Bank to enhance its payment services by launching a Visa credit card, integrating...

Swift Applauds Success of CBDC Connector Testing Outcomes

Swift has announced that its recent round of sandbox testing has demonstrated that its central bank digital currency (CBDC) interlinking technology can effectively enable financial...