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FintechDaily

Fresh Dose of Fintech News
Sunday, May 11th, 2025

FTX Seeks U.S. Bankruptcy Protection as Bankman-Fried Resigns

FTX Seeks U.S. Bankruptcy Protection as Bankman-Fried Resigns
Cryptocurrency exchange FTX has initiated Chapter 11 bankruptcy proceedings in the United States, with founder Sam Bankman-Fried stepping down as CEO. Around 130 affiliated companies,...
FintechDaily Staff
February 17, 2025

Thieves Use Boat-Lifting Straps to Pull Cash Machines from Car

Thieves Use Boat-Lifting Straps to Pull Cash Machines from Car
Heavy-duty straps used for lifting boats out of the water have been associated with a series of cash machine raids in Worcestershire. West Mercia police...
FintechDaily Staff
February 17, 2025

ASX Faces A$250 Million Loss Following Cancellation of DLT-Based Chess Replacement Initiative

ASX Faces A$250 Million Loss Following Cancellation of DLT-Based Chess Replacement Initiative
The Australian Securities Exchange (ASX) has decided to terminate its long-delayed blockchain-based post-trade network project, resulting in a financial write-off of approximately A$250 million. Since...
FintechDaily Staff
February 17, 2025

BNP Paribas Partners with Oracle for Cloud Solutions

BNP Paribas Partners with Oracle for Cloud Solutions
BNP Paribas has announced its decision to integrate Oracle Exadata Cloud@Customer into its cloud strategy, aiming to enhance security and personalize customer experiences within its...
FintechDaily Staff
February 17, 2025

Fedwire Funds Service ISO 20022 Migration Postponed to July

Fedwire Funds Service ISO 20022 Migration Postponed to July
Federal Reserve Financial Services (FRFS) has postponed the rollout of ISO 20022 for the Fedwire Funds Service from March to July. Despite several years of...
FintechDaily Staff
February 17, 2025

Chainalysis Acquires AI Fraud Detection Company Alterya

Chainalysis Acquires AI Fraud Detection Company Alterya
Blockchain analysis leader Chainalysis has acquired Alterya, a startup specializing in generative AI-powered fraud detection. Alterya collaborates with major cryptocurrency exchanges and fintech companies, including...
FintechDaily Staff
February 17, 2025

GoTo Group Reduces Workforce by 12%

GoTo Group Reduces Workforce by 12%
Indonesian tech group PT GoTo Gojek Tokopedia Tbk has announced plans to lay off 12% of its workforce, equating to approximately 1,300 employees. In a...
FintechDaily Staff
February 17, 2025

Ireland Introduces Legislative Reforms to Combat Scam Epidemic

Ireland Introduces Legislative Reforms to Combat Scam Epidemic
Ireland's Government has committed to establishing a shared fraud database among financial institutions, utility companies, and payment firms, in response to nearly €100 million in...
FintechDaily Staff
February 16, 2025

JPMorgan Chase CEO Urges Washington to Reevaluate Financial Regulations

JPMorgan Chase CEO Urges Washington to Reevaluate Financial Regulations
During a meeting with Republican lawmakers and top bank CEOs regarding the issue of ‘debanking,’ JPMorgan Chase CEO Jamie Dimon underscored the importance of reevaluating...
FintechDaily Staff
February 16, 2025

Quant and UST Collaborate to Advance Tokenization

Quant and UST Collaborate to Advance Tokenization
Blockchain firm Quant is partnering with UST to promote the adoption of institutional digital assets. The collaboration will offer technical integration and tokenization services to...
FintechDaily Staff
February 16, 2025

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