AI

MAS Develops AI Risk Management Toolkit to Strengthen Financial Sector

New toolkit aims to enhance risk management within Singapore's finance industry.Highlights: MAS launches an AI Risk Management Toolkit for the financial sector.The toolkit aims to improve understanding and management...

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...

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...

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...

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...
spot_img

Indonesia’s Krom Bank taps AWS Cloud for digital banking upgrade

 Krom Bank, a subsidiary of Kredivo Group, is launching digital banking services through its partnership with Amazon Web Services (AWS). Utilizing AWS Cloud,...

New UK fintech Covecta launches configurable AI platform

Covecta has launched a configurable AI platform designed to streamline critical activities for financial institutions' front-line teams. The platform serves commercial banks, insurers,...

VaticAI appoints Mitch Eggers as new COO and chief scientist

Mitch Eggers has been appointed as COO and chief scientist at VaticAI, an adtech firm specializing in AI-driven solutions. VaticAI, founded in 2018...

Aussie debt collection fintech InDebted bags $41m Series C

InDebted, an Australian fintech, raised $41 million (A$60 million) in Series C funding. Existing investors Carthona, Reinventure, and Perennial, along with new backers...

Former Capital One VP Fouzi Husaini joins Marqeta as chief AI officer

New Role: Marqeta has named Fouzi Husaini as its new Chief Artificial Intelligence Officer. Responsibilities: Husaini will scale Marqeta’s AI organization, focusing on...

NeoXam set to acquire data control and automation platform EZOPS

NeoXam Acquisition: NeoXam, a Paris-based fintech firm, is set to acquire EZOPS, an AI-powered data control and automation company. Expansion: The acquisition will...

ICYMI fintech funding round-up: Loop, Primary, Sitewire, Savr and more

Loop:Funding Raised: $4.7 million (CAD 6.4 million). Headquarters: Toronto, Canada. Investors: Mistral Venture Partners, Luge Capital, Graphite Ventures, Wedbush Ventures, Conconi Growth...

Mastercard puts down $2.65bn for AI-powered threat intelligence platform Recorded Future

Mastercard plans to acquire US-based threat intelligence platform Recorded Future for $2.65 billion. The deal, with Insight Partners (which acquired Recorded Future in...

Lloyds Bank taps Cleareye.ai to streamline trade finance documentation processing

Lloyds Bank has partnered with Cleareye.ai, a California-based AI and machine learning company, to enhance trade finance documentation processing and compliance checks. The...
spot_img