FintechDaily – Page 25 – Fresh Dose of Fintech News

PayPal Introduces Global Integration with Local Wallets

PayPal has announced a series of global partnerships aimed at connecting some of the world’s largest payment systems and digital wallets on a unified platform,...

Sam Altman Warns of Impending Crisis Due to AI-Driven Fraud

OpenAI CEO Sam Altman expressed deep concern about the continued use of voice-based authentication methods by banks, particularly as AI technology has advanced to the...

Corpay Announces $2.2 Billion Acquisition of Alpha Group

Corporate payments firm Corpay has agreed to acquire British counterpart Alpha Group for $2.2 billion in cash. Alpha specializes in B2B cross-border foreign exchange services...

Sustainable Investment App Clim8 Initiates Crowdcube Campaign

Sustainable investment app Clim8 Invest is set to launch a crowdfunding campaign on Crowdcube in anticipation of its summer debut. According to Clim8, to meet...

Fiserv Acquires Portion of TD Bank’s Canadian Merchant Operations

Canada's TD Bank is divesting a portion of its merchant processing business to Fiserv as part of a broader agreement with the US payments company....

TPG and Bluecode Unveil Pan-European Mobile Payment Solution

The Payments Group (TPG) has emerged as the first pan-European issuer of the Bluecode scheme, providing residents across the continent with access to a prepaid-based...

Interledger Protocol Aims for Seamless Interoperability Among Stablecoins

The Interledger Foundation (ILF) is actively working to promote the development of an interoperable payments network that includes stablecoins. As a regulatory framework for stablecoins...

Clear Junction Expands Support for On-Chain Stablecoins

Clear Junction has launched a new on-chain stablecoin transfer service, marking the first step in a broader suite of digital asset services aimed at meeting...

UK Competition Authority Challenges Apple Regarding Digital Wallets

The UK's Competition and Markets Authority (CMA) plans to take action to compel Apple to lift restrictions preventing fintechs from offering their own digital wallets...

BNY Partners with Goldman Sachs Blockchain Platform to Tokenize Money Market Funds

The Bank of New York Mellon (BNY) is set to utilize blockchain technology developed by Goldman Sachs to accurately record customer ownership of selected Money...