FintechDaily – Page 403 – Fresh Dose of Fintech News

Northern Trust Introduces Blockchain-Enabled Carbon Credit System

Asset servicer Northern Trust has launched a blockchain-based platform that allows institutional buyers to access carbon credits digitally. The Northern Trust Carbon Ecosystem utilizes the...

Bank of England Launches Cloud-Based Data Platform and AI Initiatives

The Bank of England is developing a cloud-based data and analytics platform following an independent review that highlighted concerns about adopting such technology. As part...

NatWest Launches Digital ID Service in the Nordics

NatWest is set to offer its digital identity service for legally binding documents via Adobe Acrobat Sign to customers in the Nordic countries. In a...

CaixaBank Launches Instalment Payment Option with Apple Pay

CaixaBank has become the first financial institution in continental Europe to offer buy now, pay later (BNPL) services for users checking out with Apple Pay....

Gideon Valkin Unveils $12 Million Fund to Support Europe’s Fintech Mafia

Gideon Valkin, previously associated with Monzo, ClearScore, and Entrée Capital, has successfully launched a $12 million fintech venture fund, Adrena Ventures, and has made his...

Federal Reserve Chair: US Digital Dollar Is “Nowhere Near” Development

Chairman of the US Federal Reserve Jerome Powell addressed the Senate on Thursday, emphasizing that the US is “nowhere near” developing a central bank digital...

Singapore Banks to Eliminate One-Time Passwords

Banks in Singapore are set to gradually eliminate the use of phishing-prone One-Time Passwords (OTP) in favor of digital tokens for bank account logins. The...

Ex-Revolut Executives Unveil New Cryptocurrency Exchange

A group of former Revolut employees has successfully raised $6.5 million for the hybrid cryptocurrency exchange, X10. Investors in this funding round include Tioga Capital,...

Spain Halts Sam Altman’s Worldcoin Initiative

Sam Altman's cryptocurrency initiative, Worldcoin, has received an order from Spain to cease the collection and usage of individuals' personal data. The nation's data protection...

LSEG Acquires Axoni’s Post-Trade Technology Division

The London Stock Exchange Group (LSEG) has acquired the Veris post-trade processing business and related intellectual property from Axoni. Financial terms were not disclosed. The...