FintechDaily – Page 77 – Fresh Dose of Fintech News

Swift and ICC Aim to Establish Industry Standard for ESG Due Diligence

Swift's KYC Registry has pioneered the integration of the International Chamber of Commerce’s (ICC) Sustainable Trade Finance Guidelines, enhancing the capacity of financial institutions to...

NAB Appoints Pete Steel from Lloyds to New Position Focused on Digital, Data, and AI

Australia's National Australia Bank (NAB) has announced the appointment of Pete Steel from Lloyds Banking Group to the newly established position of Group Executive for...

Envestnet to Divest Open Finance Business Yodlee to Private Equity Firm STG

Envestnet has announced the sale of its open finance and data analytics division, Yodlee, to private equity firm STG. The financial details of the transaction...

South Korean Banks Develop Plans for Won-Backed Stablecoin

South Korea's largest banks have formed a consortium to issue a Won-backed stablecoin. The banks involved—KB Kookmin, Shinhan, Woori, NongHyup, Industrial Bank of Korea, Suhyup,...

Diem Secures $5.5M to Boost the Circular Economy

Diem Secures $5.5 Million Seed Funding to Revolutionize Unwanted Item Valuation Diem, a London-based startup, has successfully raised $5.5 million in a seed funding round...

Barclaycard Prohibits Cryptocurrency Purchases with Credit Cards

Brits will no longer be able to buy cryptocurrency using their Barclaycard credit cards starting later this week. In a notice on its website, Barclays...

Indian Fintech Pine Labs Set to Launch IPO

Pine Labs, the India-based payments firm, is aiming to raise over $300 million through its planned listing. The fintech has filed for an IPO and...

Starling Considering Acquisition of US Bank

UK challenger bank Starling Bank is reportedly considering the acquisition of a US lender as part of its expansion strategy. According to Bloomberg, the mobile-only...

ANZ’s Head of Technology Announces Retirement

Australian bank ANZ is searching for a new technology leader following the announcement of Gerard Florian’s departure from his role as Group Executive Technology and...

Lesaka, the South African Fintech, Set to Acquire Bank Zero

Lesaka Technologies, the South African fintech firm, is set to acquire the digital-only institution Bank Zero Mutual Bank for R1.1 billion (approximately US$62 million). Under...