FintechDaily – Page 208 – Fresh Dose of Fintech News

Green Dot CEO Departs as Company Considers Strategic Alternatives

Digital bank and fintech provider Green Dot has announced a leadership change, replacing CEO and president George Gresham as part of its efforts to implement...

Google Wallet Expands Support for Least-Cost Routing in Australia

Australian Payments Plus (AP+) has partnered with Google to introduce eftpos functionality and least-cost routing (LCR) for transactions made through Google Wallet, allowing merchants to...

Klarna Set to Submit IPO Filing Next Week

Buy now, pay later giant Klarna is reportedly preparing to file for its initial public offering as soon as next week, according to sources cited...

Skyfire Payments Network for AI Agents Launches Officially After Beta Phase

Skyfire, a startup founded by former Google and Ripple executives, has officially launched its payments network, which allows AI agents to carry out autonomous transactions....

Revolut and Visa Challenge PSR’s Fee Cap Proposal in Legal Action

Revolut and Visa have initiated legal challenges against the Payment Systems Regulator (PSR) regarding the regulator's decision to impose a cap on interchange fees for...

Euroclear and Digital Asset: Enhancing Tokenized Collateral Mobility

Post-trade body Euroclear and blockchain firm Digital Asset have initiated the first phase of the tokenised collateral mobility initiative for the Canton Global Collateral Network...

Lloyds Banking Group Develops AI-Driven Cybersecurity Technology Patent

Lloyds Banking Group has secured a patent for its Global Collaborations Engine (GCE), an innovative system that employs intelligent algorithms to accurately identify cyberthreats while...

PSR to Act Against Card Schemes Following 25% Fee Increase

The UK's Payment Systems Regulator (PSR) is taking action against Mastercard and Visa following significant increases in card fees by the two companies. The regulator's...

Savings Accounts Experience Significant Increase in Mule-Related Activity

Money launderers and their accomplices are increasingly moving from current accounts to savings accounts in an effort to circumvent stringent bank checks imposed by APP...

Markets Unfazed by Trump’s Proposal for Bitcoin Reserves

Bitcoin's price saw a decline on Thursday, dropping approximately five percent to $85,000, before making a recovery overnight. This was in response to President Donald...