FintechDaily – Page 387 – Fresh Dose of Fintech News

Nth Exception Introduces AI Tool to Facilitate ISO 20022 Adoption

London-based fintech Nth Exception has launched Nucleus, a machine learning data fabric designed to assist financial institutions in adopting ISO 20022. Led by ISO 20022...

Bank of Ireland UK Censured by ICO for Errors Affecting Over 3,000 Accounts

Inaccurate data was shared from 3,284 customer profiles to credit reference agencies, potentially leading to refusals for mortgages, credit cards, or loans, as well as...

NatWest Debanking Review Indicates Potential Breach of FCA Regulations

A recent debanking review has suggested that NatWest may have breached regulations set by the Financial Conduct Authority (FCA). This follows scrutiny and criticism over...

KfW Chooses Boerse Stuttgart for Issuance of Blockchain-Enabled Digital Bond

German development bank KfW has chosen Boerse Stuttgart Digital as its infrastructure partner for an upcoming blockchain-based digital bond. As part of the agreement, Boerse...

Visa Introduces Platform to Assist Banks in Issuing Fiat-Backed Tokens

Visa has introduced a new platform designed to assist banks in issuing and managing fiat-backed tokens, including stablecoins, on blockchain networks. The Visa Tokenised Asset...

Finnish Neobank Saldo Bank Launches Operations in Sweden

Finnish neobank Saldo Bank has launched its services in Sweden, offering interest rates of up to 5% for one-year deposits. Although Saldo Bank originates from...

SEC Rejects Coinbase’s Request for Cryptocurrency Regulations

The Securities and Exchange Commission (SEC) has rejected a petition from crypto exchange Coinbase that sought the establishment of new regulations specifically for the digital...

Hackers Allegedly Obtain Bank Account Information for 30 Million Santander Customers

Hackers are attempting to sell what they claim are bank account details for 30 million Santander customers, with an asking price of $2 million. Earlier...

Paysend Introduces Paysend Libre in Mexico to Serve Underserved Communities

In a significant effort to promote financial inclusion in Mexico, Paysend has introduced Paysend Libre, supported by Mastercard. This initiative aims to integrate the underbanked...

NayaOne, the Bank-to-Fintech Matchmaker, Secures $4.7 Million in Funding

NayaOne, a Sandbox-as-a-Service platform designed to connect financial institutions with fintech companies, has successfully raised $4.7 million in its latest funding round. The round was...