FintechDaily – Page 170 – Fresh Dose of Fintech News

DoJ Antitrust Officials Approve Capital One and Discover Merger

The US Department of Justice has approved the $35 billion merger between Capital One Finance Group and Discover Financial Services. A confidential memo sent to...

Coincidence or Not? Is a Cashless Society Resulting in Fewer Kids Eating Coins?

Researchers from the UK’s National Health Service have discovered an unexpected advantage of the growing popularity of contactless payments: a decline in the number of...

Toulouse Introduces Cryptocurrency Payment Option for Commuters

Public transport passengers in Toulouse can now pay for their rides using bitcoin. In a European first, the city’s public transit operator, Tisséo, has introduced...

eToro Unveils AI-Driven Advertising Campaign

Trading and investment platform eToro is set to launch an innovative advertising campaign powered by artificial intelligence in anticipation of the Paris 2024 Olympic Games....

Chrysalis Soars as Starling and Klarna Receive Upgraded Valuations

Chrysalis Investments has experienced a notable six percent increase in its share price following a heightened valuation of its fintech portfolio companies, Starling Bank and...

UBS Invests in Swiss Open Quantum Institute to Support UN Sustainability Objectives

UBS has partnered with CERN, the Swiss Government, and the non-profit foundation Gesda to finance innovative experiments in quantum computing, with a focus on advancing...

JPMorgan Introduces Generative AI ‘Research Analyst’ tool for Employees

JPMorgan Chase has introduced LLM Suite, a generative AI chatbot developed internally for its employees. This innovative tool aims to function like a research analyst,...

Starling CEO Poaches Former Ovo Executive for New COO Role

Raman Bhatia, the CEO of Starling Bank, has made a strategic move by recruiting Joe Gordon as the new chief operating officer from Ovo Energy....

Leveraging Cloud Solutions to Meet Your Firm’s ESG Objectives

Dan Broten, Chief Technology Officer at EQ Bank, recently shared insights on leveraging cloud technology to meet Environmental, Social, and Governance (ESG) objectives during a...

Wells Fargo Appoints Kerrins to New Generative AI Leadership Role

Wells Fargo has announced the appointment of Bridget Engle as the new head of technology, succeeding Tracaey Kerrins, who will now lead a newly established...