FintechDaily – Page 362 – Fresh Dose of Fintech News

Colendi Receives Approval for Turkish Digital Banking Venture

Anglo-Turkish fintech Colendi has received regulatory approval to launch Turkey's first digital deposit bank. ColendiBank aims to enhance the fintech's existing services, which already cater...

TT Enhances Cross-Asset Portfolio by Acquiring Abel Noser Solutions

Capital markets technology vendor Trading Technologies has reached an agreement to acquire Abel Noser Solutions (ANS), a company specializing in transaction cost analysis for investment...

Tesla Teams Up with Origence for Electric Vehicle Financing Solutions

Consumers shopping for Tesla vehicles can now take advantage of low-rate financing options when reserving or purchasing a Model Y, Model 3, Model X, Model...

Morgan Stanley Fined £5.4 Million Over Energy Traders’ Use of WhatsApp

UK energy regulator Ofgem has imposed a fine of £5.41 million on Morgan Stanley for the inappropriate use of WhatsApp messages on private phones to...

FIX Trading Community and GDF Collaborate to Develop Messaging Gateway for Digital Assets

The FIX Trading Community and Global Digital Finance have established a joint working group aimed at bridging buyside trading desks with the realm of tokenized...

TokenEx and Ixopay Announce Merger Plans

Cloud tokenization provider TokenEx has announced a merger with payments orchestration platform Ixopay, although the financial details have not been disclosed. The merger is expected...

Japanese Banks Test Pilot Program for Stablecoin-Enabled Cross-Border Payments

Japanese banks MUFG, SMBC, and Mizuho are participating in a pilot program that leverages stablecoins and the Swift network for cross-border payments. The cross-border transfer...

What Motivates Banks to Embrace Cloud Technology?

Finextra Research is set to host its second Financial Cloud Summit conference on March 7th, 2024, at King’s Place in London. This year’s event will...

US Treasury Proposes New Crypto Tax Reporting Guidelines

Cryptocurrency exchanges and payment processors in the US will soon be mandated to report user transaction information to the Internal Revenue Service (IRS) under a...

PastPay, a B2B BNPL Provider, Raises €12 Million in Series A Funding

B2B buy now, pay later platform PastPay has secured €12 million in a Series A funding round led by Platina Capital, with participation from several...