FintechDaily – Page 4 – Fresh Dose of Fintech News

Global Payments Acquires Worldpay for $22.7 Billion and Divests Issuer Solutions to FIS

The payments sector is experiencing a significant transformation as Global Payments has announced a $22.7 billion agreement to acquire Worldpay from GTRC and FIS, while...

What Steps Can Your Company Take to Enhance Sustainability?

During a fireside chat entitled "Fintech and the Climate Crisis: Driving Innovation for a Sustainable Future" at IFGS 2023, Anisha Mohil, the impact and sustainability...

Barclays Partners with Brookfield to Sell Payments Division

Barclays has formed a strategic partnership with Brookfield Asset Management to gradually offload its payments acceptance business. In February, Barclays announced it was considering a...

Friday Harbor Secures $6 Million for AI-Driven Mortgage Origination Solution

Friday Harbor, an AI-driven platform designed to assist loan officers in assembling complete and compliant loan files in real time, has successfully closed a $6...

How Westpac is Leveraging Generative AI to Accelerate Software Development

Westpac has successfully trained 800 of its engineers in utilizing generative AI tools to accelerate software development processes. In an interview with Westpac Wire, the...

Chime Submits IPO Filing

Chime Financial, a digital-first mobile banking platform based in San Francisco, has reportedly initiated the process for an initial public offering (IPO), as per sources...

EU Parliament Approves New Cryptocurrency Regulations

The European Parliament has decisively passed the Markets in Crypto-Assets (MiCA) regulations, marking a significant milestone in the governance of the cryptocurrency industry. A vote...

Embat, a Fintech for Treasury Management, Secures €14.7 Million Funding

Embat, a Madrid-based startup specializing in treasury management, has successfully secured €14.7 million in a Series A funding round led by Creandum, renowned for its...

African Fintech Firm M-Kopa Secures $250 Million in Funding

African fintech company M-Kopa has successfully secured over $250 million in fresh debt and equity funding aimed at enhancing its suite of financial services for...

Klarna’s AI Chatbot Accomplishes the Work of 700 Full-Time Employees

Klarna has reported that its OpenAI-powered chatbot is effectively performing the equivalent of 700 full-time customer service agents following its global launch last month. The...