FintechDaily – Page 153 – Fresh Dose of Fintech News

Intesa Sanpaolo Enters Strategic Partnership with IBM

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...

Nubank Heads $250 Million Investment Round for Tyme Group

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 Platform Clim8 Ceases Operations

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...

Banks Transition from Mainframes to AI-Powered Cloud Technology

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,...

Monzo Launches Sign Language Chat Feature

Hearing-impaired customers of Monzo now have the opportunity to interact with the bank’s customer support through SignLive, a specialized online interpreting service for British Sign...

ANZ Successfully Concludes CBDC Pilot Project for Carbon Credit Trading

ANZ has entered into a collaboration with Grollo Carbon Ventures (GCV) to successfully trade Australian Carbon Credit Units (ACCUs), demonstrating one of the innovative applications...

JPMorgan Chase Leads the Way in Banking AI Research

JPMorgan Chase has solidified its status as a leading entity in AI research, as indicated by recent insights from the benchmarking platform Evident. The analysis...

IT Consultant Convicted in the Murder of Cash App Founder Bob Lee

Nima Momeni, a 40-year-old tech entrepreneur, has been convicted of second-degree murder in the tragic stabbing death of Cash App founder, Bob Lee. Momeni now...

Mastercard Commits to Sustainable Card Initiative

Mastercard is enhancing its commitment to sustainability by pledging to eliminate all first-use PVC plastics from its newly manufactured cards by January 2028. Starting from...

GitHub Copilot Enhances Productivity for ANZ Engineers

Software engineers at ANZ Bank experienced a significant enhancement in both productivity and code quality while utilizing the GitHub Copilot AI tool. Last year, approximately...