Banking

Goldman Sachs Boosts Compliance with Anthropic’s AI Agents

The investment bank partners with Anthropic to enhance accuracy in accounting.Highlights: Goldman Sachs collaborates with Anthropic for AI-driven compliance.New AI agents aim to improve accounting accuracy.The partnership signals a...

Boerse Stuttgart Merges Crypto Unit with Tradias, Strengthening Market Presence

This strategic merger aims to enhance cryptocurrency trading capabilities.Highlights: Boerse Stuttgart merges its crypto unit with Tradias.The merger...

Bank of Ireland Reduces Fraud Losses by $97 Million Using AI Technology

Advanced AI systems help detect fraudulent card transactions effectively.Highlights: Bank of Ireland saved $97 million by preventing fraud...

SoftBank’s PayPay Accelerates US IPO Filing Process

Japan's popular payment platform PayPay prepares for its initial public offering.Highlights: PayPay files for an initial public offering...

Stripe Tightens Valuation, No Rush to Go Public

Stripe aims for a $140 billion valuation but delays going public.Highlights: Stripe targets a valuation increase to $140...
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Beem Credit Union appoints Sue Britton as chief innovation officer

Sue Britton, CEO of Firefly Growth, appointed as Chief Innovation Officer (CIO) at Beem Credit Union Beem Credit Union formed through the merger...

Hinckley & Rugby Building Society appoints Barry Carter as new CEO

New CEO Appointment:Barry Carter appointed as the new CEO of Hinckley & Rugby Building Society. Effective from 2 January 2024.Professional Background:...

UK neolender Updraft secures £272m in mix of debt and equity funding

Updraft, a UK neolender, concludes a successful year with £272 million in debt and equity funding. £250 million forward flow arrangement secured with...

Dutch neobank Bunq launches self-built GenAI platform for customers

Bunq's New GenAI Platform: FinnDutch neobank Bunq, the second largest in Europe, unveils GenAI platform called Finn. Finn replaces the app's search...

DfT director Dan Moore joins PSR as head of strategy and intelligence

Moore joins the PSR’s executive team, which recently welcomed Oliver Hanmer and Natalie Golding in key roles. As head of strategy and intelligence,...

CSI snaps up partner Hawthorn River for single-platform loan origination system

CSI Acquisition: CSI, a US fintech solutions provider, has acquired Hawthorn River for an undisclosed sum to enhance its loan origination capabilities. Hawthorn River...

US fintech start-up SellersFi secures new credit facility of up to $300m

SellersFi, a New York-based fintech start-up, secures a new credit facility of $135 million, expandable to $300 million. Citi and Fasanara Capital are...

Demystify Podcast: Demystifying Saudi fintech with Naif AbuSaida, founder & CEO of Hakbah

Naif AbuSaida, CEO of Hakbah, was featured on the last 2023 episode of Demystify Podcast. Naif's diverse journey: media personality, utilities, and transition...

Ncontracts snaps up Quantivate for an undisclosed sum

Acquisition Announcement:Ncontracts, a US-based risk, vendor, and compliance management software provider, has acquired Quantivate.Strategic Move:Ncontracts aims to strengthen its position...
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