FintechDaily – Page 169 – Fresh Dose of Fintech News

Visa Participates in $5 Million Funding Round for African Payroll Provider Workpay

Visa has participated in a $5 million funding round for the Kenyan payroll provider Workpay. The funding round was led by tech growth equity firm...

CFPB and American Fintech Council Define Their AI Stances to Treasury

Responding to a request from the US Treasury, both the Consumer Financial Protection Bureau (CFPB) and the American Fintech Council (AFC) have provided insights on...

UBS Asset Management Introduces Fund Leveraging Ethereum Blockchain

UBS Asset Management has introduced a tokenized money market investment fund built on Ethereum distributed ledger technology. Thomas Kaegi, co-head of UBS Asset Management APAC,...

New Zealand Banks Leverage UK Technology and Expertise for the Implementation of Confirmation of Payee

Banks in New Zealand have initiated a phased rollout of Confirmation of Payee (CoP) using technology from UK fintech obconnect. Confirmation of Payee offers bank...

Mama Money Introduces WhatsApp Banking Card

South African fintech Mama Money Financial Services has introduced a new bank card that allows cardholders to manage their accounts and finances through WhatsApp. In...

UK Climate Fintech Zero Partners with Key Players Ahead of Launch

Zero, a UK finance app aimed at environmentally conscious young people, has partnered with several technology companies leading up to its launch later this year....

PSR Outlines Future Plans for Variable Recurring Payments in the UK

The UK's Payment Systems Regulator (PSR) plans to evaluate the need and scope of mandated participation in the Phase 1 expansion of Variable Recurring Payments...

NatWest Included in Texas Energy Restrictions

Texas Comptroller Glenn Hegar has included NatWest in the roster of financial institutions banned from doing business with the state, in accordance with a new...

Google Pay Partners with Afterpay and Klarna for Seamless Transactions

BNPL firms Klarna and Afterpay are set to become payment options on Google Pay in the US. Starting next year, Klarna's integration with Google Pay...

Comun Secures $21.5 Million Funding for Immigrant-Centric Neobank

Comun, a Latino-founded neobank serving immigrants in the US, has successfully raised $21.5 million in a Series A funding round. This follows a $4.5 million...