FintechDaily – Page 8 – Fresh Dose of Fintech News

Klarna to Offer $26 Billion in US Buy Now, Pay Later Loans

Klarna has agreed to sell up to $26 billion in US buy now, pay later loans to student loan giant Nelnet. The multi-year forward flow...

Thailand Launches Crypto-to-Baht Initiative to Attract Tourists

Thailand is launching a pilot program that enables visitors to convert cryptocurrencies into baht for local payments. The TouristDigipay pilot will operate for 18 months...

Wyoming Introduces New Stablecoin

Wyoming has introduced its own US dollar-pegged stablecoin, allowing for real-world payments. The Wyoming Stable Token Commission partnered with the blockchain platform Avalanche and payment...

Japanese Startup Set to Launch First Yen-Denominated Stablecoin

Japanese fintech company JPYC Inc. plans to launch Japan's first stablecoin by this autumn. The Tokyo-based firm received approval from the Financial Services Agency to...

Blueacorn Co-Founder Admits Guilt in PPP Fraud Scheme

Since the CARES Act was enacted in March 2020, 200 defendants in over 130 criminal cases have been prosecuted, with more than $78 million in...

Visa Expands Click to Pay Services Across Asia-Pacific

Visa is expanding its Click to Pay online checkout service across the Asia Pacific region through partnerships with C2P, Adyen, AsiaPay, and Worldpay. Click to...

Fintech CEOs Urge Trump to Prevent Banks from Charging ‘Account Access’ Fees

The CEOs of over 80 firms in the open banking sector have urged President Trump to prevent banks from imposing fees on consumers for accessing...

N26 Investors Seek to Remove Co-CEOs Following Watchdog’s Criticism

Investors in N26 are working to remove the German digital bank's founders as co-CEOs after regulator BaFin identified ongoing risk management issues at the fintech,...

Revolut Launches Recruitment Campaign in Western Europe

Revolut has launched a significant recruitment initiative, seeking to fill over 400 positions across Western Europe. This decision aligns with the company's commitment to invest...

Revolut Empowers Financial Independence for 16- to 17-Year-Olds

Revolut has broadened access to its retail accounts for teens aged 16 to 17, allowing them greater financial autonomy as they transition toward independence from...