FintechDaily – Page 347 – Fresh Dose of Fintech News

Skyfire Secures $8.5M to Introduce Autonomous Payments for AI Agents

Former Google and Ripple executives have successfully raised $8.5 million for their startup, Skyfire, which is focused on creating a payments network that allows AI...

SC Ventures and SBI Holdings Launch $100 Million Digital Asset Investment Fund

Standard Chartered's venture arm, SC Ventures, has partnered with Japan's SBI Holdings to establish a digital asset joint venture investment company in the UAE. The...

Finbourne Secures £55 Million for Investment Data Management Platform

Cloud-based investment data management platform Finbourne has successfully raised £55 million in Series B funding. This latest round was led by Highland Europe and AVP,...

JPMorgan Places Investment in Eye Security

JPMorgan Chase's growth equity investment unit has led a €36 million Series B funding round for Dutch cybersecurity firm Eye Security. Eye Security provides 24/7...

CBA and BNY Launch Near Real-Time Cross-Border Payment Solutions

Commonwealth Bank of Australia is now offering near real-time cross-border payments for businesses and consumers receiving international payments from US bank BNY. With this new...

Cardeo, the Payments App, Ceases Operations

UK credit card management app Cardeo is shutting down after failing to secure additional investment to sustain its operations. Founded in 2020, Cardeo utilized open...

Nationwide App Experiences Delays in Faster Payments

Nationwide users have been informed that payments are currently experiencing delays. This issue follows similar complications reported in June. Payments from Nationwide and other banks,...

How Are Merchants Utilizing AI in Payment Solutions?

At the Merchants Payments Ecosystem conference 2024, Chairwoman Anna Maj moderated a session titled "Next-Generation Technologies for Merchant Payments," featuring a panel of experts: Bartosz...

DBS Launches Pilot Program for Blockchain-Enabled Grant Disbursements

Singapore's DBS Bank has successfully completed a pilot project utilizing blockchain technology for programmable disbursements of government grants to businesses. The pilot, carried out in...

Arch, a Private Investment Management Platform, Secures $20 Million in Funding

Private investment management platform Arch has successfully raised $20 million in a Series A funding round led by Menlo Ventures. Participating in this round were...