FintechDaily – Page 15 – Fresh Dose of Fintech News

BBVA Partners with OpenAI to Introduce ChatGPT for Employees

Spanish banking institution BBVA is enhancing its artificial intelligence initiatives by partnering with OpenAI to implement ChatGPT for thousands of its employees. As the first...

Increase in Cash Withdrawals

Nationwide, a prominent building society in the UK, has observed a notable increase in ATM cash withdrawals for the third consecutive year. As the cost...

Americans Fell Victim to $3 Billion in Impersonation Scams in 2024

Scams that impersonate businesses and government officials cost Americans $2.95 billion last year, according to the Federal Trade Commission. The losses occurred despite the implementation...

DBS Bank and Bank of China Customer Data Breached in Ransomware Incident

The Monetary Authority of Singapore is investigating a ransomware attack on Toppan Next Tech, a vendor responsible for printing customer statements for DBS Bank and...

BoE Considers AI’s Threat to Financial Stability

As firms increasingly incorporate advanced AI-based analysis into their trading and investment strategies, the Financial Policy Committee of the Bank of England has issued a...

Rich Data Co. Secures Its First U.S. Bank Client

Rich Data Co. (RDC), an Australian AI-driven platform specializing in banking business lending, has secured its inaugural significant deal in the United States with M&T...

Starling Appoints Raghu Narula from NatWest as Chief Banking Officer

Starling Bank has announced the appointment of Raghu Narula, a former executive at NatWest, as its new Chief Banking Officer. This move is part of...

Emirates NBD Backs Green Fintech Startup Erguvan

Emirates NBD has announced an equity investment in Erguvan, a financial technology startup dedicated to equipping financial institutions and corporations with digital solutions to mitigate...

CRIF Introduces ESG Audit Solution Synesgy in the UK

CRIF, a provider of digital transformation solutions, is set to introduce its ESG audit solution, Synesgy, to businesses in the UK. Currently utilized by 250,000...

Mastercard and bunq Establish AI-Powered Open Banking Partnership

Mastercard and bunq Form Strategic Partnership to Launch Open Banking and AI Solution at Money 20/20 Europe Mastercard and bunq have unveiled a collaborative initiative...