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FintechDaily

Fresh Dose of Fintech News
Thursday, July 17th, 2025

Linux Foundation Tackles Climate Risk with New Open Source Platform

Linux Foundation Tackles Climate Risk with New Open Source Platform
The Linux Foundation has unveiled its initiative to leverage AI-powered open-source analytics and open data in addressing climate-related risks and opportunities. Leading this effort are...
FintechDaily Staff
July 14, 2025

How a Single Calculation Could Spark Climate Action

How a Single Calculation Could Spark Climate Action
A consortium of experts focused on Environmental, Social, and Governance (ESG) issues is developing a risk-weighting methodology for banks to effectively manage assets impacted by...
FintechDaily Staff
July 14, 2025

Revolut Aims for $65 Billion Valuation in Upcoming Funding Round

Revolut Aims for $65 Billion Valuation in Upcoming Funding Round
Revolut is reportedly seeking to secure a new funding round that could elevate its valuation to $65 billion, as indicated by the Financial Times. The...
FintechDaily Staff
July 13, 2025

CFTC Report Urges Immediate Data Collection to Address Climate Risk

CFTC Report Urges Immediate Data Collection to Address Climate Risk
The U.S. Commodity Futures Trading Commission's (CFTC) Climate-Related Market Risk Subcommittee has issued its inaugural, comprehensive set of recommendations aimed at addressing climate risk management...
FintechDaily Staff
July 13, 2025

AI Vending Machine Operator Faces Identity Crisis

AI Vending Machine Operator Faces Identity Crisis
An AI agent, operating within a small vending machine enterprise at Anthropic, recently attempted to terminate its human workers, mistakenly believing itself to be a...
FintechDaily Staff
July 13, 2025

UK Chancellor Pauses ISA Cuts Following Backlash

UK Chancellor Pauses ISA Cuts Following Backlash
Rachel Reeves, the UK Chancellor, recently proposed reducing the allowance for tax-free cash savings, aiming to encourage the public to invest more in stocks and...
FintechDaily Staff
July 13, 2025

UK Banks Criticized for Inadequate Climate Strategy

UK Banks Criticized for Inadequate Climate Strategy
Research conducted by Ethical Consumer magazine reveals that, despite numerous declarations regarding environmental commitments, only two of the UK's 36 major banks have effectively demonstrated...
FintechDaily Staff
July 13, 2025

Lloyds Banking Group to Explore Neurosymbolic AI Testing

Lloyds Banking Group to Explore Neurosymbolic AI Testing
Lloyds Banking Group is set to enhance its innovation efforts by integrating a neural network-based AI product developed by UnlikelyAI into its innovation sandbox. UnlikelyAI...
FintechDaily Staff
July 13, 2025

Long-Term Stock Exchange Launches Operations

Long-Term Stock Exchange Launches Operations
A new stock exchange, supported by prominent figures from Silicon Valley, has officially launched, aiming to cater to companies and investors committed to long-term growth...
FintechDaily Staff
July 13, 2025

Propel Venture Partners Completes $100 Million Fundraising Round

Propel Venture Partners Completes $100 Million Fundraising Round
Propel Venture Partners, a seed-stage venture firm backed by BBVA, has successfully closed a $100 million fund. Co-led by Jay Reinemann and David Mort, who...
FintechDaily Staff
July 13, 2025

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