FintechDaily – Page 284 – Fresh Dose of Fintech News

Cardless Secures $30 Million in Funding for Its Embedded Credit Card Platform

Embedded credit card platform Cardless has successfully raised $30 million in growth equity funding. Since the beginning of 2023, Cardless has achieved remarkable 10x revenue...

Lithuanian Fintech Company Kevin Declares Insolvency

According to a spokesperson for the Vilnius District Court, the insolvency call was made after evaluating the company's financial data and determining that Kevin was...

On-Chain Privacy: Essential for Realizing Blockchain’s Full Potential

On-chain privacy and advancements in identity management are seen as essential for realizing the potential of blockchain technology and asset tokenisation in financial markets, as...

UK Government Targets Late Payments Legislation

A new Fair Payment Code has been introduced by the UK government to address the issue of late payments affecting SMEs. This code will replace...

Nasdaq Boosts Digital Banking Footprint in Latin America

Digital bank Nubank has chosen Nasdaq's regulatory reporting system, AxiomSL, for its operations in Latin America. This partnership builds on an existing relationship, with Nasdaq...

Fidelity and Abrdn Become Founding Members of New Investment Platform Trade Association

Facing increasing regulatory scrutiny, Abrdn, Fidelity, and SS&C have joined a new UK trade association for investment platforms. The Platforms Association aims to provide a...

Hong Kong Regulator Initiates Pilot Program for Tokenization

The Hong Kong Monetary Authority (HKMA) has initiated the second phase of its digital Hong Kong dollar pilot study, known as Project e-HKD. In this...

Survey Reveals Resistance to Technology Adoption in Financial Institutions

Recent research indicates that many financial firms in the UK exhibit a risk-averse attitude toward adopting new technology. Nearly two-thirds (59%) of the surveyed institutions...

HSBC Unveils Transaction Platform to Support Companies Aiming for Global Expansion

HSBC has launched a comprehensive domestic and cross-border payments platform designed for businesses aiming to expand internationally. Smart Transact enables firms to effectively manage their...

BlackRock Partners with Fintech Scotland

BlackRock, the world's largest asset manager, has announced its membership in Fintech Scotland, an organization dedicated to promoting the fintech sector in the country. This...