FintechDaily – Page 139 – Fresh Dose of Fintech News

ING and UniCredit Boost Investment in Axyon AI

ING and Unicredit have participated in a €1.6 million investment round for Axyon AI, an Italian fintech that provides asset managers with AI-driven market insights...

BNY Mellon Launches Cryptocurrency Custody Platform

BNY Mellon, the world's largest custodian and America's oldest bank, has launched a digital custody platform designed to protect client holdings in both ether and...

ASX Chooses Google Cloud as Its Preferred Cloud Partner

The Australian Securities Exchange (ASX) has named Google Cloud as its preferred cloud partner, aiming to enhance product innovation in analytics and data. ASX plans...

Challenges in Machine Learning Deployment Due to Regulatory and Legacy System Constraints

UK financial firms are facing challenges in deploying machine learning technology, primarily due to a lack of regulatory clarity and outdated legacy systems, according to...

Are Fractionalized Digital Assets Misleading Distractions?

Discussions about the recent boom in digital assets and its growth, even as the market for tokenized securities remains in its early stages, began at...

Standard Chartered Establishes Joint Venture for Hong Kong Dollar-Backed Stablecoin

Standard Chartered has established a joint venture with Animoca Brands and HKT to launch a stablecoin backed by the Hong Kong dollar. The partnership will...

Market Pay Purchases Denmark’s AltaPay

Pan-European payments platform Market Pay is set to acquire Danish PSP AltaPay, bolstering its presence in the Scandinavian market. AltaPay provides merchants with a unified...

Indian PM Modi Celebrates Fintech Revolution Amid Digital Banking Initiative

India's Prime Minister Narendra Modi has announced the launch of 75 digital banking units (DBUs) aimed at enhancing the banking experience for users and promoting...

Visa Introduces Tap to Add Card Feature in Three New Markets

Visa has introduced its ‘Tap to Add Card’ service in Ukraine, Georgia, and South Africa, which allows cardholders to easily add their bank card to...

Standard Chartered Supports StraitsX Stablecoins

Standard Chartered Bank is expanding its presence in the stablecoin sector through a strategic partnership with StraitsX, a licensed stablecoin issuer in Singapore. This collaboration...