FintechDaily – Page 251 – Fresh Dose of Fintech News

Fintech at the Core of the UK’s Financial Services Growth Strategy

The new UK government will prioritize fintech and sustainable finance as vital growth opportunities in the financial services sector, according to Chancellor of the Exchequer,...

AI: OpenAI and Others Experience Delays in Training New Language Models

Join us in London on 26 November to explore the current AI challenges, opportunities, and the future of AI in financial services. AI giants like...

UK Sees Second Consecutive Year of Increased Cash Usage

Cash usage in the UK increased for the second time this year as consumers opted for physical currency at the register to better manage their...

MAS Launches Global Finance and Technology Network

The Monetary Authority of Singapore has established The Global Finance & Technology Network (GFTN), a not-for-profit organization designed to leverage technology, stimulate startups, and promote...

UK Unveils National Payments Vision

The UK Government has unveiled its National Payments Vision (NPV) aimed at overcoming the "regulatory congestion" that the payments sector currently faces and establishing a...

Capitolis Secures $20 Million Investment from Wall Street A-Listers

Capital markets technology provider Capitolis has secured strategic investments from Citi, Morgan Stanley, State Street, and UBS. This latest funding round is led by Citi...

Banks and Mobile Operators Team Up to Launch Scam Signal for Detecting APP Fraud

GSMA and UK Finance have partnered to create a collaborative framework that will enable the UK's mobile network operators and banks to develop and implement...

Mambu Purchases French Payment Company Numeral

Cloud-based core banking vendor Mambu has acquired Paris-based banking aggregation and payment automation platform Numeral. Following the acquisition, Numeral’s platform will be integrated into Mambu’s...

Revolut Secures Trading License in the UK

Revolut has received a trading license from the Financial Conduct Authority, enabling the fintech company to begin offering UK-listed stocks. Since 2019, Revolut has provided...

TP ICAP to Transition 80% of Technology Infrastructure to Amazon Web Services

TP Icap has announced a significant partnership with Amazon Web Services (AWS) aimed at modernizing and expanding the brokerage's technology infrastructure. This collaboration will see...