FintechDaily – Page 368 – Fresh Dose of Fintech News

Fidelity and Abrdn Become Founding Members of New Investment Platform Trade Association

Facing increasing regulatory scrutiny, Abrdn, Fidelity, and SS&C have joined a new UK trade association for investment platforms. The Platforms Association aims to provide a...

Hong Kong Regulator Initiates Pilot Program for Tokenization

The Hong Kong Monetary Authority (HKMA) has initiated the second phase of its digital Hong Kong dollar pilot study, known as Project e-HKD. In this...

Survey Reveals Resistance to Technology Adoption in Financial Institutions

Recent research indicates that many financial firms in the UK exhibit a risk-averse attitude toward adopting new technology. Nearly two-thirds (59%) of the surveyed institutions...

HSBC Unveils Transaction Platform to Support Companies Aiming for Global Expansion

HSBC has launched a comprehensive domestic and cross-border payments platform designed for businesses aiming to expand internationally. Smart Transact enables firms to effectively manage their...

BlackRock Partners with Fintech Scotland

BlackRock, the world's largest asset manager, has announced its membership in Fintech Scotland, an organization dedicated to promoting the fintech sector in the country. This...

AI: A Preview of Speakers and Participants

Finextra is excited to announce its first Next:Gen AI event, scheduled for 26 November 2024 in London. This event aims to reshape perceptions of AI...

HSBC Urges Tech Giants to Assist in Reimbursing APP Fraud Victims

A senior HSBC executive has joined other banking leaders in urging technology and social media companies to contribute to the compensation of victims of Authorised...

Israeli Regulator Approves AI Chatbot for Stock-Picking Recommendations

AI startup Bridgewise has received approval from Israeli regulators to launch a chatbot designed to provide stock trading advice. The Israel Securities Authority (ISA) has...

FCA Introduces Regulations to Safeguard Customers Amidst Payment Firm Failures

The UK's Financial Conduct Authority (FCA) has proposed new rules aimed at enhancing the protection of customers when payments and e-money firms face insolvency. The...

Deutsche Bank Makes Investment in Partior

Partior, the fintech firm backed by several banks and known for its ledger-based interbank system for real-time clearing and settlement, has secured a $20 million...