FintechDaily – Page 193 – Fresh Dose of Fintech News

Zopa Relocates to Larger Office Space in London

UK-based digital bank Zopa has expanded its physical presence in London, transitioning to a new, larger office space. The new 13-story building, situated in Canary...

Oxbury Bank Achieves Milestone with First Profitable Year

British AgTech bank Oxbury has announced a pre-tax profit of £3 million and is on track to achieve £1 billion in lending in the near...

European Central Banks Turn to GenAI for Enhanced Inflation Forecasting

The Bank for International Settlements (BIS) is collaborating with the European Central Bank (ECB) and Deutsche Bundesbank to investigate the potential of generative AI in...

Sustainable Finance Live 2024: Agenda and Speakers in Real-Time

Sustainable Finance Live 2024 is set to commence on Tuesday, October 8, at Events@No6 in London. This annual event, organized by Finextra, will feature interactive...

55% of UK Investors Reluctant to Embrace AI Tools for Investment Assistance, According to Avaloq

Research conducted by Avaloq, a prominent banking and wealth management platform, reveals that wealth managers in the UK view artificial intelligence (AI) as a pivotal...

Lloyds Appoints Amazon Executive to Lead Mortgages Division

Lloyds Bank, a prominent UK high street institution, has appointed Natasha Sayce-Zelem as the new director of digital and business platforms within its restructured mortgage...

Green Finance Institute Highlights Nature-Related Risks Facing the UK

Recently, Richard Peers from ResponsibleRisk, who served as a keynote speaker at this year's Sustainable Finance Live conference, engaged in a discussion with the director...

Flanks Secures €14M to Automate Wealth Management Solutions

Barcelona-based wealth management platform Flanks has successfully secured €14 million in an equity funding round, spearheaded by Motive Ventures. This round also saw participation from...

Massachusetts Investigates Robinhood Regarding Predictions Market Platform

Massachusetts regulators are currently investigating Robinhood regarding the trading app's newly introduced 'Predictions Hub', which allows users to wager on various event outcomes. Secretary of...

Technology at the Heart of FCA’s Five-Year Strategy

The UK's Financial Conduct Authority (FCA) has announced its five-year strategy, emphasizing technology as a vital component in its efforts to "support growth and improve...