AI
FinTech
JPMorgan Pilots Software to Monitor Junior Bankers’ Working Hours
New initiative aims to enhance oversight of junior employee hours worked.Highlights: JPMorgan tests software to monitor working hours of junior bankers.The initiative is part of productivity enhancement efforts.Focus on...
FinTech
Goldman Sachs to Implement Performance-Based Staff Cuts in April
The bank plans restructuring amidst shifting financial landscape.Highlights: Goldman Sachs plans performance-based staff cuts in April.The restructuring aims...
FinTech
Nasdaq Secures SEC Approval for Trading Tokenized Securities
This marks a significant advancement in digital asset trading.Highlights: Nasdaq gains SEC approval for trading tokenized securities.This approval...
FinTech
Aveni Launches Agentic AI Council to Enhance AI Ethics
New council aims to guide ethical AI development and deployment strategies.Highlights: Aveni establishes the Agentic AI Council for...
FinTech
Starling Bank Strengthens Services with Agentic AI Money Manager
The new feature aims to enhance personal finance management for customers.Highlights: Starling Bank introduces an AI-powered money manager.Agentic...
Shawbrook taps nCino for automated SME loan origination
Purpose: Shawbrook Bank has chosen nCino’s platform to automate loan origination and portfolio management processes.
Functionality: The platform will automate complex lending processes,...
Lloyds Banking Group names Rohit Dhawan as new group director of AI and advanced analytics
New Role: Rohit Dhawan has been appointed as the director of AI and advanced analytics at Lloyds Banking Group, a newly created position.
...
Wells Fargo names BNY’s Bridget Engle as new head of technology
Wells Fargo Appoints Bridget Engle as New Head of Technology
Key Points:Appointment Announcement:Bridget Engle has been named Senior EVP and Head of Technology...
Texas-based TransPecos Banks selects Oscilar’s risk management tech for BaaS compliance
Partnership Announcement: TransPecos Banks, a Texas-based community bank, has partnered with San Francisco-based fintech Oscilar to enhance its compliance and risk management for...
Israel’s ThetaRay snaps up Screena to enhance financial crime detection
ThetaRay Acquires Belgian Fintech Screena
Key Points:Acquisition Overview:Acquirer: ThetaRay, an Israeli provider of AI-driven transaction monitoring.
Target: Screena, a Belgian fintech specializing in...
Corlytics hires new CTO, chief data officer and chief tech architect
Corlytics Leadership Reshuffle
New Leadership Appointments:Steve Barnes - Group Chief Technology Officer (CTO)Role: Drive advanced technology solutions, maintain security standards
Experience: Over 20...
ICYMI fintech funding round-up: Carry, Fragment, Powder, and more
ICYMI Funding Round-Up
CarryFunding: $10 million Series A
Lead Investor: Accomplice VC
Valuation: $65 million pre-money
Purpose: Hiring, R&D initiatives
Additional: Opened $1 million...
B2B paytech Slope lands $65m equity and debt funding led by JP Morgan
Key Points:Investment Details:Total Investment: $65 million
Led by: JP Morgan Payments
Participants: Y Combinator, Jack Altman (Alt Capital), Max Altman (Saga Ventures)...
ICYMI fintech funding round-up: Dopay, Wamu, Mifundo, Papaya and more
ICYMI Funding Round-Up: Latest Fintech Funding NewsDopayAmount Raised: $13.5 million Series A extension.
Lead Investor: Argentem Creek Partners.
Purpose: Expansion in Egypt,...

