FintechDaily – Page 342 – Fresh Dose of Fintech News

Apple to Allow Third-Party Access to NFC Payment Systems

Apple is expanding access to its NFC chip technology, which enables iPhone users to make contactless payments, allowing third-party providers in various countries, including the...

Emirates NBD and DIFC Unveil Fintech Incubator Initiative

Emirates NBD is aiming to nurture the next generation of fintech talent in the UAE with the launch of its ‘National Digital Talent Incubator’ programme,...

BBVA Launches the Financial Sector’s Pioneer Biodiversity Bond

BBVA Colombia and the International Finance Corporation (IFC) are set to issue the financial sector’s first biodiversity bond. BBVA will issue a total of $50...

DBS Chief Gupta’s Annual Salary Cut by Millions Due to Outages

DBS CEO Piyush Gupta is set to take a 30% pay cut following a series of significant outages that affected the bank's payments and ATM...

Science Card Launches E-Money Account for Ethical Spending

UK fintech Science Card has launched an e-money account aimed at supporting scientific projects across health, climate change, and technology through customer spending. With its...

Flanks Raises $8 Million to Enhance Open Wealth Platform

Open wealth platform Flanks has raised $8 million in a Series A funding round led by Earlybird Venture Capital, with participation from existing investors JME...

Klarna Challenges Traditional Banks with Innovative ‘Account’ for Fund Storage

Klarna is introducing a new "account" feature that allows customers to store money and cashback rewards, as the Swedish fintech company expands its services beyond...

NAB Collaborates with Greener to Assist Small Businesses in Lowering Carbon Emissions

National Australia Bank (NAB) has teamed up with portfolio company Greener to assist its small business clients in reducing their carbon emissions. Founded in 2022...

Entrust Initiates Discussions for Onfido Acquisition

Entrust, a provider of security services for payment cards, passwords, and access controls, has confirmed that it is in exclusive negotiations to acquire ID verification...

Revolut Achieves $45 Billion Valuation in Secondary Share Sale

Revolut has achieved a valuation of $45 billion through a secondary share sale involving both new and existing investors. The deal was orchestrated to provide...