FintechDaily – Page 168 – Fresh Dose of Fintech News

DailyPay, the Earned Wage Access Fintech, Sues NY Attorney General as Rain Secures $75 Million in Funding

DailyPay has filed a lawsuit against New York Attorney General Letitia James regarding the application of usury laws to the earned wage access industry. DailyPay...

Michael Kors Launches Shopping Assistant Powered by Mastercard’s GenAI Technology

Michael Kors has become the inaugural retailer to implement Mastercard's generative AI assistant, Shopping Muse, on its US website. Launched late last year, Shopping Muse...

Bank of Ireland to Allocate £100 Million for Technology Enhancement in Retail and SME Services

Bank of Ireland has announced a significant investment of £100 million over the next three years aimed at enhancing its everyday banking products and services....

Exclusive Preview of Sustainable Finance Live with Finastra’s Chirine Ben Zaied

As the Sustainable Finance Live 2023 event approaches on October 10 at Events@No6 in London, we had the opportunity to connect with several speakers to...

Citi Makes Investment in Commercial Lending Platform Numerated

Citi has strategically invested in Numerated, signaling a broader partnership with the AI-driven modular commercial lending platform. As part of this collaboration, Numerated will deliver...

Santander UK Chair Steps Down Amid Future Uncertainty for the Bank

Santander UK Chairman William Vereker has announced his resignation amid growing speculation regarding the Spanish banking giant's potential withdrawal from the UK market. Santander UK...

John Wise Named Chairman of ESG Book

John Wise, a prominent figure in the fintech industry, has been appointed as the chair of ESG Book, a startup dedicated to sustainability and data...

Lloyds and NatWest Reduce Number of Branches

Lloyds Banking Group and NatWest have jointly announced plans to close nearly 200 branches, marking a continued trend of diminishing high street presence in the...

SEB Highlights the Carbon Removal Market and Nature-Related Risks

Sustainable finance is rapidly evolving, with innovations emerging from various corners of the globe. In our discussions with the authors of SEB’s Green Bond Report,...

Nubank Acquires Hyperplane to Accelerate AI-Driven Strategy

Nubank is reinforcing its commitment to an AI-centric strategy by acquiring Hyperplane, a data intelligence company based in Silicon Valley, for an undisclosed amount. Founded...