FintechDaily – Page 22 – Fresh Dose of Fintech News

Klarna Celebrates One Million Debit Card Sign-Ups in the U.S.

Over a million Americans have registered for Klarna's debit card within just eleven weeks of its launch. Launched in the US on July 4, the...

PayPal Sets $100 Million Investment Commitment for the Middle East and Africa

PayPal has allocated $100 million to expand its business in the Middle East and Africa. The strategic investment will be utilized through a combination of...

Finextra and ACI Worldwide Unveil Groundbreaking Global Research on the Future of Payments

Finextra Research has released its latest global survey report, "Payments 2030: What’s shaping the future?", which examines how organizations are aligning their payments strategies with...

BIS Researchers Leverage AI to Predict Financial Market Disruptions

Researchers from the Bank for International Settlements have utilized AI to generate daily forecasts of market dysfunction up to 60 business days in advance. Predicting...

Euro Stablecoin: A Game Changer for the Music Industry through Tokenized Royalties

New Euro Denominated Stablecoin Launch: Insights from ING Following the announcement that nine European banks are collaborating to launch a Euro-denominated stablecoin, Finextra engaged with...

EBA Clearing’s FPAD Verification of Payee Service is Set for Expansion

EBA Clearing has announced that the testing for its Fraud Pattern Anomaly Detection (FPAD) Verification of Payee (VoP) solution has confirmed its readiness for scaling....

Big Banks Invest $136 Million in Blockchain Payments Network Fnality

Fnality, an international consortium of banks aimed at developing a blockchain-based payment system to support the adoption of tokenized assets and marketplaces, has successfully raised...

Coinbase Introduces Singapore Dollar Stablecoin on Its Platform

Coinbase is introducing Singapore dollar stablecoins to its platform through a partnership with licensed issuer StraitsX. The StraitsX stablecoin, XSGD, will be available on Coinbase...

Pleo Expands into Embedded Finance

European spend management platform Pleo has partnered with Mastercard to launch an embedded finance solution aimed at businesses managing extensive networks of SMB customers. This...

European Banks Unite to Introduce Euro Stablecoin

Nine European banks have collaborated to launch a euro-denominated stablecoin aimed at competing with dollar-dominated tokens. Banks supporting this ING-led initiative include CaixaBank, Banca Sella,...