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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Credit Karma co-founder Nichole Mustard reportedly departs firm

Leadership Departures:Nichole Mustard, co-founder and chief revenue officer of Credit Karma, has left the company. Mustard, along with two other founders, launched...

UK’s PSR proposes cross-border interchange fee cap

The UK's Payment Systems Regulator (PSR) proposes a new cap on cross-border interchange fees. Visa and Mastercard, responsible for 90% of online transactions...

French fintech Unlimitd boosts financing capacity to €100m as ACP takes majority stake

Majority Stake Acquisition: Absolute Capital Partners (ACP) acquires a majority stake in Paris-based fintech Unlimited. Financing Boost: ACP provides Unlimitd with a new financing...

Søren Westh Lonning joins B2B spend management platform Pleo as CFO

Pleo appoints Søren Westh Lonning as new CFO. Lonning, previously an advisor, joins during a period of high growth. Despite a workforce cut...

Saudi BNPL fintech Tamara lands $340m Series C funding at $1bn valuation

Tamara, a Saudi fintech platform, secures $340 million in a Series C funding round. The funding round, co-led by Sanabil Investments and SNB...

Central Bank of Colombia partners ACI Worldwide for real-time payments system

Partnership Announcement: The Central Bank of Colombia, Banco de la República, collaborates with global payments software firm ACI Worldwide. Technology Selection: ACI's Enterprise Payments Platform...

First Bank taps Backbase for engagement banking platform

First Bank Partnership with BackbaseFirst Bank, based in St. Louis, US, has implemented the Backbase Engagement Banking platform for a seamless, digital-first...

Mexican SME payments platform Kapital raises $40m Series B

Kapital raises $40 million in Series B equity financing and secures a $125 million debt facility. Led by Tribe Capital, the funding round...

InvesTex Credit Union selects Bankjoy for digital banking upgrade

Partnership Announcement:US-based InvesTex Credit Union has partnered with digital banking solutions provider Bankjoy.Enhanced Digital Banking:InvesTex Credit Union members will now...
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