FintechDaily – Page 183 – Fresh Dose of Fintech News

Djamo, the African Neobank, Secures $17 Million in Funding

Djamo, a neobanking startup aimed at the underbanked population in Francophone West Africa, has successfully raised $17 million in its latest funding round. This amount...

Klarna Halts IPO Plans Amid Market Turmoil from Trump Tariffs

Klarna, the prominent Swedish buy now, pay later (BNPL) provider, recently submitted an application to the Securities and Exchange Commission to list its common shares...

Collaboration and Competition: Embracing a New Era of Positive Synergy

As the financial industry rapidly evolves, it presents a unique set of challenges for both traditional banks and fintech firms, making their collaboration increasingly vital....

CommBank to Provide AI Training Modules for All Employees

Commonwealth Bank of Australia (CommBank) is introducing an AI microlearning initiative designed for its entire workforce. The series, titled "AI For All," features concise learning...

Lunar Appoints Nanna Bergmann to Head BaaS Spinoff

Lunar, the Nordic challenger bank, has named Nanna Bergmann from The Bank of London to head Moonrise, its newly launched Banking-as-a-Service division. Established as a...

South Korea Gears Up for CBDC Pilot with 100,000 Participants

South Korea is gearing up to launch a pilot program for a central bank digital currency (CBDC), which will engage 100,000 participants, as reported by...

Monzo Provides Essential Guidelines for Using AI in Job Applications

As artificial intelligence tools, including ChatGPT, have become increasingly prevalent in the job market, Monzo has outlined a comprehensive list of best practices for candidates...

UK Neobanks Capture Market Share from Traditional Banks

Digital-only financial institutions are increasingly challenging the established high street banks in the UK, with nine percent of the population now using a neobank as...

Estimated Carbon Emissions from Ethereum Pre-Merge Reach 27.5 Million Metric Tonnes

Research conducted by the Cambridge Centre for Alternative Finance (CCAF) in collaboration with the Ethereum Climate Platform (ECP) has revealed that the recent Ethereum upgrade...

ANZ Establishes ‘AI Immersion Centre’ for Executive Training

ANZ has entered into a collaboration with Microsoft to open an 'AI Immersion Centre' at its headquarters in Melbourne, aimed specifically at enhancing the skills...