FintechDaily

Ripple has secured approval from the New York Department of Financial Services (NYDFS) for the anticipated launch of its dollar-backed stablecoin, RLUSD. This stablecoin will...

PayPal has recently introduced a series of innovative AI-powered features aimed at transforming the commerce landscape. However, the announcement has not resonated well with investors,...

US-based personal finance application Current is setting its sights on achieving profitability by 2025, having secured $200 million in new funding following a remarkable 90%...

Challenger and specialist banks surpassed traditional banking institutions in providing loans to small businesses in 2022, accounting for a remarkable £35.5 billion. According to data...

BNY Mellon has established a strategic partnership with Microsoft aimed at delivering a cloud-based data and analytics platform for its buy-side and sell-side clients. As...

BNY has enhanced its compliance monitoring by implementing Behavox's AI-powered surveillance system for electronic and voice communications. The SaaS deployment of Behavox Quantum technology encompasses...

Italy's leading financial institution, Intesa Sanpaolo, has embarked on a strategic partnership with IBM aimed at overhauling its technology infrastructure. With the increasing demand from...

Brazil's Nubank has spearheaded a $250 million investment round in Tyme Group, a digital banking entity operating in South Africa and the Philippines. Tyme Group,...

Sustainable investment application Clim8 is set to close its operations due to unsuccessful funding efforts to sustain the business. Established in 2019 and officially launched...

Generative AI is playing a pivotal role in the banking sector's shift to cloud-based applications, as highlighted by a recent survey conducted by NTT Data,...