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FintechDaily

Fresh Dose of Fintech News
Wednesday, November 19th, 2025

Older Americans Exhibit Greater Digital Financial Literacy Compared to Younger Generations

Older Americans Exhibit Greater Digital Financial Literacy Compared to Younger Generations
According to research from Capital One, digital financial literacy among Americans tends to increase with age. A survey of 3,000 adults revealed that nearly 86%...
FintechDaily Staff
January 9, 2025

Amazon India Contemplates Separating its Payments App

Amazon India Contemplates Separating its Payments App
Amazon is considering launching Amazon Pay as a standalone app to enhance its market presence in India's competitive e-commerce sector. According to a report by...
FintechDaily Staff
January 9, 2025

CFPB Approves FDX to Establish Open Banking Standards

CFPB Approves FDX to Establish Open Banking Standards
The Consumer Financial Protection Bureau (CFPB) has designated the Financial Data Exchange (FDX) as the first standard-setting body for its new open banking regime. In...
FintechDaily Staff
January 9, 2025

Prism Data, an Open Banking Startup, Secures $5 Million in Funding

Prism Data, an Open Banking Startup, Secures $5 Million in Funding
Prism Data, the US open banking firm that spun out from Petal earlier this year, has successfully secured $5 million in seed funding. The funding...
FintechDaily Staff
January 9, 2025

Bank of America Customers Affected by Data Breach at Infosys McCamish Systems

Bank of America Customers Affected by Data Breach at Infosys McCamish Systems
Bank of America has issued a warning to customers regarding a data breach linked to a security incident at Infosys McCamish Systems (IMS), which provides...
FintechDaily Staff
January 9, 2025

Bank of England to Create Analytics Data Platform for ISO 20022 Compliance

Bank of England to Create Analytics Data Platform for ISO 20022 Compliance
The Bank of England is collaborating with the BIS Innovation Hub London center on a project aimed at enhancing the analytical use of ISO 20022...
FintechDaily Staff
January 9, 2025

Robinhood Acquires Crypto Exchange Bitstamp for $200 Million

Robinhood Acquires Crypto Exchange Bitstamp for $200 Million
Trading app Robinhood has reached a $200 million cash agreement to acquire the crypto exchange Bitstamp, aiming to broaden its presence beyond the US and...
FintechDaily Staff
January 9, 2025

CAB Payments’ Stock Plummets Following Somber Update

CAB Payments’ Stock Plummets Following Somber Update
Shares in CAB Payments, a British business-to-business cross-border payments firm, plummeted by over 60% following a significant downward revision of its revenue guidance. The company...
FintechDaily Staff
January 9, 2025

Mobile Wallet Providers Unite for Cross-Border Payment Solutions

Mobile Wallet Providers Unite for Cross-Border Payment Solutions
Money movement company TerraPay has established a 'Wallet Interoperability Council' with five prominent payment operators to enhance interconnection in cross-border transactions. The founding members of...
FintechDaily Staff
January 9, 2025

Document Management Startup Arteria AI Secures $30M in Funding

Document Management Startup Arteria AI Secures $30M in Funding
Arteria AI, a document and contract management spinout from Deloitte, has successfully secured $30 million in an oversubscribed Series B funding round, led by GGV...
FintechDaily Staff
January 9, 2025

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