FintechDaily – Page 184 – Fresh Dose of Fintech News

UAE Pledges $30 Billion for Climate Finance Initiatives

The United Arab Emirates has unveiled a substantial $30 billion initiative aimed at establishing a climate-focused investment vehicle at COP28. This initiative, named ALTÉRRA, seeks...

Zelle Discontinues Standalone P2P Payments Application

With the majority of users accessing its services through their banks, American person-to-person payments provider Zelle is discontinuing its standalone app. Launched by bank-owned Early...

Amazon Introduces AI Assistant for Online Shopping

Amazon has introduced an AI agent capable of autonomously executing tasks, such as ordering and making payments, within a web browser. Now available as a...

BMO Partners with IBM to Join Quantum Network

Canada’s Bank of Montreal (BMO) has officially joined the IBM Quantum Network, becoming the first bank in the country to access IBM's cutting-edge quantum infrastructure....

ADCB Launches the First Mastercard Carbon Calculator in the Region

Abu Dhabi Commercial Bank (ADCB) has joined forces with Mastercard to launch the Mastercard Carbon Calculator in the Middle East, providing an innovative tool aimed...

Circle Files for $5 Billion Initial Public Offering

Circle, the issuer of the world's second-largest stablecoin, USDC, has officially filed for an IPO. The company plans to list on the New York Stock...

PayPal Introduces Advertising Platform in the UK

PayPal is set to launch its new advertising platform in the UK, utilizing its extensive customer data to assist merchants in better targeting their advertisements....

Visa Proposes $100 Million Deal to Apple to Switch from Mastercard

Visa has reportedly offered Apple approximately $100 million to take over the tech giant's credit card partnership from Mastercard. According to the Wall Street Journal,...

Ripple Incorporates Stablecoin into Cross-Border Payments System

Ripple has integrated its newly launched stablecoin into its primary cross-border payments system. Introduced in December, the enterprise-grade, USD-denominated RLUSD stablecoin is approaching a market...

Wise Stock Soars Following Upgraded Forecasts

Shares in money transfer firm Wise surged six percent in early morning trading as it shared preliminary figures ahead of its capital markets day event....