FintechDaily – Page 84 – Fresh Dose of Fintech News

Monument Bank Collaborates with Firenze to Provide Lombard Lending Access

Monument Bank has joined forces with Firenze, a fintech specializing in Lombard lending for wealth managers. The UK-based challenger bank has committed £160 million in...

Ireland’s AIB to Eliminate ATMs at 70 Branch Locations

Irish high street bank AIB plans to discontinue cash services at 70 of its branches, a decision that has sparked significant backlash in rural Ireland....

Asia Set to Lead the Global Fintech Market – Report

Asia is projected to account for nearly half of global fintech transactions by the end of the year, outpacing other regions, according to recent research....

HSBC Allocates €36 Million to London Fintech ClearScore

ClearScore, a London-based startup specializing in credit scoring services, has secured €36.1 million in debt financing from its primary backer, HSBC. The funding, provided by...

Tietoevry explores spin-off and public listing of its banking division.

Finnish IT services provider Tietoevry has announced plans to consider the separation and listing of its Banking unit as part of a broader strategic review....

Shares, a Social Investing App, Secures $40 Million for European Growth

London-based social and community investing app Shares is planning to expand into Europe and venture into the cryptocurrency space after successfully raising $40 million in...

Google Cloud and MAS Join Forces to Accelerate Climate Fintech Innovation

The Monetary Authority of Singapore (MAS) and Google Cloud have introduced the Point Carbon Zero Programme aimed at fostering innovation, incubation, and scaling of climate...

SEC Probes Coinbase Regarding Securities Issues

The US Securities and Exchange Commission (SEC) has initiated an investigation into whether Coinbase allowed customers to trade digital assets that should have been registered...

FTX and Coinbase Back ‘Bloomberg for Crypto,’ Coinfeeds

The venture arms of FTX and Coinbase have participated in a $2 million seed funding round for Coinfeeds, a startup designed to help users monitor...

Office of Financial Research Launches Data Hub for Climate Risk Assessments

The US Office of Financial Research (OFR) has initiated a pilot program for a climate data and analytics hub aimed at assisting regulators in evaluating...