FintechDaily – Page 276 – Fresh Dose of Fintech News

Barclays and Maven Invest in Nivo, a Fintech Startup Based in Manchester

Nivo Solutions, a fintech startup based in Manchester and founded by former Barclays executives, has secured a £1 million investment from Maven Equity Finance, supported...

Preview of the Financial Cloud Summit: Keynote Speakers Revealed

Finextra is excited to announce its inaugural Financial Cloud Summit conference, scheduled for 2nd March 2023, taking place in-person at King's Place in London. The...

Checkout.com Reduces Workforce Following Decline in Sales

UK-based payments processor Checkout.com has reduced nearly a quarter of its workforce in response to declining revenue. In its 2023 financial accounts, the company reported...

ION Reports Ransom Payment, According to Hackers

ION has reportedly paid a ransom, according to claims made by hackers.

Finextra’s Annual Recap

As 2022 comes to a close, we reflect on the year's most popular news articles, videos, and community engagement activities. Top News Stories of 2022...

Frax Unveils Tokenized Stablecoin Supported by BlackRock and Securitize

Frax aims to establish itself as the US digital dollar, positioning itself as "the world's most innovative decentralized stablecoin and DeFi stablecoin infrastructure." Decentralized stablecoin...

ChatGPT Analyzes ‘Fed Speak’ to Forecast Interest Rate Trends

A recent study conducted by researchers at Sheffield Hallam University reveals that large language models, such as ChatGPT, can effectively predict future interest rate decisions...

Digital Payments Surge in Europe, Yet Cash Remains Dominant at Points of Sale

While the use of digital payments is increasing in the euro area, cash still accounts for over half of all point-of-sale transactions, as indicated by...

MPs Claim APP Scam Reimbursement Plans are “Fundamentally Flawed”

UK lawmakers have criticized proposals that would transfer the responsibility for compensating scam victims to an organization backed by the banking sector, labeling them as...

Finextra’s Premier Impact Study Reports of 2022

As 2022 comes to a close, we reflect on our most downloaded impact study reports from the year. These reports serve as practical guides that...