FintechDaily – Page 377 – Fresh Dose of Fintech News

States Need to Address Gaps in Federal Law to Safeguard Customer Financial Data

US states need to evaluate the gaps in their data privacy laws to ensure that Americans are safeguarded, especially as financial institutions increasingly seek to...

Banque de France and Monetary Authority of Singapore Successfully Conclude Post-Quantum Cryptography Trial

The Banque de France (BdF) and the Monetary Authority of Singapore (MAS) have successfully completed a pioneering joint experiment in post-quantum cryptography (PQC), aimed at...

Singapore Prolongs Deadline for Phasing Out Corporate Paper Cheques

The Monetary Authority of Singapore (MAS) has postponed the deadline for phasing out corporate cheque payments by one year to allow businesses additional time to...

Afin Partners with Thought Machine to Launch Digital Bank for Africans in the UK

Afin Bank, a digital lender aimed at supporting individuals from Africa living and working in the UK, has chosen Thought Machine as its core banking...

Fintech at the Core of the UK’s Financial Services Growth Strategy

The new UK government will prioritize fintech and sustainable finance as vital growth opportunities in the financial services sector, according to Chancellor of the Exchequer,...

AI: OpenAI and Others Experience Delays in Training New Language Models

Join us in London on 26 November to explore the current AI challenges, opportunities, and the future of AI in financial services. AI giants like...

UK Sees Second Consecutive Year of Increased Cash Usage

Cash usage in the UK increased for the second time this year as consumers opted for physical currency at the register to better manage their...

MAS Launches Global Finance and Technology Network

The Monetary Authority of Singapore has established The Global Finance & Technology Network (GFTN), a not-for-profit organization designed to leverage technology, stimulate startups, and promote...

UK Unveils National Payments Vision

The UK Government has unveiled its National Payments Vision (NPV) aimed at overcoming the "regulatory congestion" that the payments sector currently faces and establishing a...

Capitolis Secures $20 Million Investment from Wall Street A-Listers

Capital markets technology provider Capitolis has secured strategic investments from Citi, Morgan Stanley, State Street, and UBS. This latest funding round is led by Citi...