FintechDaily – Page 148 – Fresh Dose of Fintech News

Mastercard Allocates $300 Million to Corpay’s Cross-Border Operations

Mastercard is investing $300 million for a three percent stake in Corpay, a company specializing in cross-border corporate payments. This investment is part of an...

What Lies Ahead for Challenger Banks?

As challenger banks continue to evolve and gain market share within the SME community, the distinction between traditional banking institutions and these new players is...

IBM and BillGo Collaborate to Secure Payments Against Quantum Computing Threats

At the Nacha event Smarter Faster Payments 2025 in New Orleans, a panel session focused on the necessity for financial institutions to create internal risk...

Temenos Launches Its First Generative AI Tool

Swiss core banking provider Temenos has introduced an innovative generative AI tool designed to automatically classify customer banking transactions. This development aims to empower financial...

Commerzbank Unveils New Digital Assistant by Integrating Generative AI and Avatar Technology

Commerzbank is set to launch an AI avatar named Ava, designed to engage with the bank's private and small business clients through "natural and engaging...

Mastercard and PayPal Take Bold Steps in Agentic Commerce

Mastercard has introduced Agent Pay, a new payments technology designed to enhance commerce in the AI era. In a similar move, PayPal has launched new...

Greenwashing: A Systemic Issue Among UK Banks

Greenwashing has emerged as a significant challenge for UK banks, despite their widespread claims of prioritizing sustainability. A recent survey conducted by Censuswide, which included...

Atom Bank to Implement AI Decision-Making Platform by Provenir

Atom Bank will implement an AI decisioning platform from Provenir to enhance various consumer and business banking products. The UK app-based bank plans to utilize...

Ant Group Introduces AI Model for Financial Applications

Ant Group has announced the initiation of testing for its finance-focused artificial intelligence (AI) model at the Inclusion Conference on the Bund in Shanghai. According...

EPI Seeks Collaboration with Other Payment Systems to Enhance EU Payment Sovereignty

BNP Paribas is actively supporting the European Payments Initiative (EPI) in its quest to regain control of the EU's payments landscape, moving away from reliance...