FintechDaily – Page 271 – Fresh Dose of Fintech News

Crypto.com to Introduce Card in Bahrain and Expand Throughout the GCC Region

After securing a principal license with Mastercard, Crypto.com customers will now have the ability to use their card at over 150 million locations worldwide, both...

Afin Bank Obtains Licence to Serve the African Diaspora in the UK

Afin Bank, a digital lender designed to assist Africans living and working in the UK, is set to launch mortgage and savings products after receiving...

NatWest Restricts Access to WhatsApp

NatWest has prohibited the use of WhatsApp, Facebook Messenger, and Skype on company devices due to concerns regarding regulatory scrutiny over record keeping. This decision...

Goldman Sachs to Launch Independent Blockchain Platform

Goldman Sachs is currently in discussions with potential partners regarding the spinout of its blockchain-based technology platform, GS DAP. The firm envisions GS DAP evolving...

Generative AI: Examining Its Impact on the Financial Services Sector

Join Finextra at our inaugural London event at the end of November to explore the transformative role of AI in financial services and the impact...

US Agencies Offer Guidance on Preventing Elder Financial Exploitation

The Board of Governors of the Federal Reserve System (FRB), Consumer Financial Protection Bureau (CFPB), Federal Deposit Insurance Corporation (FDIC), Financial Crimes Enforcement Network (FinCEN),...

Fintech Investment Sector Continues to Show Weak Activity

Venture capital investment in US fintech is currently experiencing a downturn, remaining close to a six-year low for the sector, as reported by Silicon Valley...

States Need to Address Gaps in Federal Law to Safeguard Customer Financial Data

US states need to evaluate the gaps in their data privacy laws to ensure that Americans are safeguarded, especially as financial institutions increasingly seek to...

Banque de France and Monetary Authority of Singapore Successfully Conclude Post-Quantum Cryptography Trial

The Banque de France (BdF) and the Monetary Authority of Singapore (MAS) have successfully completed a pioneering joint experiment in post-quantum cryptography (PQC), aimed at...

Singapore Prolongs Deadline for Phasing Out Corporate Paper Cheques

The Monetary Authority of Singapore (MAS) has postponed the deadline for phasing out corporate cheque payments by one year to allow businesses additional time to...