FintechDaily – Page 81 – Fresh Dose of Fintech News

UniCredit Brings Back Outsourced Back Office Operations, Generating 200 New Jobs

Italy's UniCredit has announced plans to bring previously outsourced back-office activities for securities services back in-house, resulting in the creation of over 140 new jobs...

OKX Faces $505 Million Penalty for AML Violations

The operator of the OKX crypto exchange, Aux Cayes Fintech, has agreed to pay over $504 million in fines and fees after pleading guilty to...

Marqeta Acquires TransactPay to Enhance European Expansion; Announces CEO Transition

US card issuing platform Marqeta has enhanced its presence in the UK and Europe by acquiring TransactPay. In a separate development, Marqeta’s CEO Simon Khalaf...

Behavox Acquires Mosaic Smart Data

AI insights company Behavox has acquired Mosaic Smart Data, a vendor specializing in helping financial institutions derive actionable intelligence from transaction data. The terms of...

BeZero Carbon Secures $32 Million in Funding

Carbon ratings agency BeZero Carbon has successfully raised $32 million in a Series C funding round. The funding round was led by GenZero, a decarbonization-focused...

CFPB Disregards Lawsuit Concerning Capital One Savings Account Rates

On Thursday, the Consumer Financial Protection Bureau (CFPB) announced the dismissal of its lawsuit filed on January 14, 2025, against Capital One and its parent...

Komainu, backed by Nomura, secures $75 million in Bitcoin funding

Komainu, a regulated digital asset services provider and custodian backed by Nomura, has secured a $75 million investment from Blockstream Capital. This funding is unique...

eToro Submits Application for U.S. IPO

EToro has confidentially filed for a US initial public offering (IPO) that could value the online investment platform at over $5 billion. According to sources...

Circle Acquires Tokenized Money Market Fund Hashnote

Crypto firm Circle Internet Group has acquired Hashnote, the issuer of US Yield Coin (USYC), the largest tokenized treasury and money market fund globally. Circle...

Goldman Sachs Aims to Develop AI That Mimics the Thinking and Actions of Experienced Bankers

Goldman Sachs is launching a Generative AI assistant for its employees as the first phase of a program designed to develop a bot that operates...