FintechDaily – Page 7 – Fresh Dose of Fintech News

Visa Closes Its U.S. Open Banking Division

Visa has closed its US open banking unit amid regulatory uncertainties and plans by banks to charge for customer data access, as reported by Bloomberg....

Bullish Shares Surge Over 100% in NYSE Debut

Investor sentiment in the cryptocurrency market received a significant boost following Bullish's recent valuation at $13.16 billion, paving the way for other digital asset companies...

N26 Co-Founder Stalf Steps Down as CEO Following Dispute with Investors

N26 co-founder Valentin Stalf is stepping down as joint CEO of the German digital bank amid investor discontent over regulatory issues. Following a transition period,...

Robinhood UK Launches AI Investing Assistant to Analyze Market Trends

Robinhood is introducing an AI-driven investing assistant designed to assist UK users in understanding and navigating market fluctuations. The "Digests by Robinhood Cortex" feature utilizes...

Canadian Securities Regulator Disables Systems Due to Cybersecurity Threat

The Canadian Investment Regulatory Organization (Ciro) announced it shut down some systems last week after identifying a "cybersecurity threat." The securities watchdog proactively took this...

United Fintech Names Rupsa Mukherjee as Head of M&A

United Fintech, a conglomerate focused on acquiring leading vendors in capital markets, wealth management, and wholesale banking, is poised for an upcoming wave of mergers...

Santander Unveils Screen Sharing Detection Technology

Santander UK has introduced a new mobile app feature designed to protect customers from scammers using screen sharing technology. This screen sharing detection technology automatically...

Financial Trade Associations Urge Basel Committee to Reevaluate Crypto Exposure Standards

A coalition of prominent global finance trade associations has urged the Basel Committee on Banking Supervision (BCBS) to reconsider its forthcoming Cryptoasset Exposures Standard, which...

Casca Secures $29M for AI-Driven Loan Origination Platform

AI-native loan origination platform Casca has raised $29 million in a Series A funding round led by Canapi Ventures. Customers of Casca, including Live Oak...

Turkish Investment Platform Midas Secures $80 Million Funding

Istanbul-based retail investing startup Midas has raised $80 million in Series B funding, led by QED Investors. The round also saw participation from the International...