FintechDaily – Page 55 – Fresh Dose of Fintech News

Spending to Combat Coronavirus Presents Opportunity to Shift Towards Sustainability

The European Bank for Reconstruction and Development (EBRD) has emphasized the importance of aligning fiscal support for businesses affected by the COVID-19 pandemic with environmental...

Nordea Partners with Mynt to Launch Expense Management System for SMEs in the Nordics

Swedish fintech Mynt has been chosen by Nordea, the largest bank in the Nordics, to launch a business credit card and spend management service for...

Stripe Collaborates with Payments API Provider Orum

Stripe is welcoming Stephany Kirkpatrick, founder and CEO of payments orchestration firm Orum. Financial terms of the agreement have not been revealed. Founded in 2019,...

Bitget Wallet Collaborates with MoonPay for Stablecoin-to-Fiat Conversion Services

Bitget Wallet has partnered with MoonPay to introduce a new fiat withdrawal feature, allowing users to convert stablecoins directly into cash. Through this collaboration, Bitget...

PayPal Introduces Global Integration with Local Wallets

PayPal has announced a series of global partnerships aimed at connecting some of the world’s largest payment systems and digital wallets on a unified platform,...

Sam Altman Warns of Impending Crisis Due to AI-Driven Fraud

OpenAI CEO Sam Altman expressed deep concern about the continued use of voice-based authentication methods by banks, particularly as AI technology has advanced to the...

Corpay Announces $2.2 Billion Acquisition of Alpha Group

Corporate payments firm Corpay has agreed to acquire British counterpart Alpha Group for $2.2 billion in cash. Alpha specializes in B2B cross-border foreign exchange services...

Sustainable Investment App Clim8 Initiates Crowdcube Campaign

Sustainable investment app Clim8 Invest is set to launch a crowdfunding campaign on Crowdcube in anticipation of its summer debut. According to Clim8, to meet...

Fiserv Acquires Portion of TD Bank’s Canadian Merchant Operations

Canada's TD Bank is divesting a portion of its merchant processing business to Fiserv as part of a broader agreement with the US payments company....

TPG and Bluecode Unveil Pan-European Mobile Payment Solution

The Payments Group (TPG) has emerged as the first pan-European issuer of the Bluecode scheme, providing residents across the continent with access to a prepaid-based...