FintechDaily – Page 59 – Fresh Dose of Fintech News

MAS to Launch $1.25 Million COVID-19 and Green Finance Challenge

The Monetary Authority of Singapore (MAS) has initiated a global fintech challenge with a prize pool of $1.75 million, aimed at finding innovative solutions to...

NatWest Introduces Carbon Calculator for Remote Employees

UK-based NatWest has developed a carbon calculator aimed at helping employees understand the environmental impact of remote work during the COVID-19 pandemic, along with providing...

Icelandic Challenger Bank indó Partners with Enfuce for Upcoming Mobile App Launch

Icelandic challenger bank indó has partnered with Finnish technology provider Enfuce, which will deliver essential technology for payments, open banking, and sustainability services. As the...

Visa to Launch Eco-Friendly Plastic Cards

Visa is set to introduce globally a new line of cards crafted from recycled plastic for all financial institutions. This initiative features a partnership with...

DBS Expands Community Farm at Headquarters

DBS is transforming an outdoor area at its Asia Hub building into a community farm, allowing employees to cultivate edible plants and herbs. This initiative...

HKEX Set to Launch Green Finance Exchange

Hong Kong Exchanges and Clearing Limited is set to introduce the HKEX Sustainable and Green Exchange, known as 'Stage,' a comprehensive platform designed to centralize...

OpenAI Trials In-Chat Payment Checkout System

OpenAI is planning to integrate a payment checkout system into ChatGPT to enhance revenue, as reported by the Financial Times. The feature is currently being...

FCA Unveils Proposed Oversight Measures for BNPL Services

The UK's Financial Conduct Authority (FCA) has announced plans to strengthen protections for buy now, pay later (BNPL) borrowers starting next year. After prolonged discussions,...

Trump Set to Sign Genius Act, Regulating Stablecoins into Law

This week, the US House of Representatives passed the Clarity Act and the Anti-CBDC Surveillance State Act. Congress defines the Genius Act, also known as...

Visa and Mastercard Hit with New Class Action Lawsuit in the UK Over Card Fees

Visa and Mastercard are facing a multi-billion pound class action lawsuit in the UK over alleged unlawful interchange fees. The claim, to be filed soon...