FintechDaily – Page 7 – Fresh Dose of Fintech News

Wise Obtains Retail Payments License in the UAE

UK-based fintech Wise has received approval from the Central Bank of the UAE to offer its money transfer and payment services in the Middle East...

Visa Introduces Trusted Agent Protocol for AI Commerce

Visa has introduced a new protocol designed to serve as a foundational framework for enabling AI agents to process payments on behalf of users and...

Net Zero Banking Alliance Ceases Operations

The Net Zero Banking Alliance (NZBA) has announced its immediate dissolution after a significant downturn in confidence, marked by the departure of several prominent banks....

Mastercard and Coinbase Compete for Stablecoin Company BVNK

Mastercard and Coinbase are competing to acquire stablecoin infrastructure platform BVNK in a deal potentially valued at up to $2.5 billion, as reported by Fortune....

Fintech CEO Warns US Shutdown Could Trigger Regional Bank Crisis

The layoffs of federal workers in the US due to the government shutdown could lead to significant gaps in banking regulation, warns Adam Turmakhan, CEO...

China Investigates Qualcomm for Antitrust Violations

US semiconductor manufacturer Qualcomm is currently under investigation in China for allegedly breaching antitrust laws related to its acquisition of Autotalks. China’s market regulator, the...

Big Issue Teams Up with FumoPay to Enable Sellers to Accept Open Banking Payments

Big Issue, a magazine sold by the homeless throughout the UK, is collaborating with open banking provider fumopay to pilot a QR code-based payment system...

Revolut Poised for Launch in India

Revolut is set to launch its payments platform in India later this year, aiming to attract 20 million customers by 2030. UK-based Revolut will allow...

Wise to Introduce Travel Card in India

UK-based fintech Wise is advancing its presence in the Indian market with plans to launch what it claims is the country's first 'travel' card. The...

Routefusion Secures $26.5 Million for Cross-Border Payments Fintech Expansion

Routefusion, an Austin-based financial infrastructure provider, has successfully raised $26.5 million in Series A funding. This investment round was led by PeakSpan Capital, with additional...