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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Banco Santander migrates corporate and investment banking business to the cloud

Banco Santander migrates its corporate and investment banking business, Santander CIB, to its cloud-native core banking platform, Gravity, launched in May 2022. The...

Reserve Bank of India outlines plans for new fintech repository and cloud facility for FS firms

Fintech Repository and Cloud Facility:RBI plans to establish a fintech repository and a new cloud facility. Fintech repository to capture essential information...

DTCC completes acquisition of Securrency, rebrands business as DTCC Digital Assets

DTCC completes acquisition of Securrency Retires Securrency brand renames business to DTCC Digital Assets Managed by Lynn Bishop, DTCC Digital Assets to operate...

Marsden Building Society taps Jade ThirdEye for AML tech

Marsden Building Society Partnership:Marsden Building Society has chosen Jade ThirdEye’s Transaction Monitoring and Customer Screening for anti-money laundering (AML) defense. This move...

SumUp bags €285m in latest funding round to fuel expansion plans

SumUp secures €285 million in fresh funding for international growth and expanding payment services for SMEs. Sixth Street Growth leads the funding round,...

Hungary’s OTP Bank taps iGCB for core banking revamp

OTP Bank's Upgrade: OTP Bank, based in Budapest, Hungary, chooses Intellect Global Consumer Banking (iGCB) for a core banking system upgrade. International Presence: OTP Bank...

VersiFi hires two senior execs from Hazeltree to boost tech and infrastructure development

VersiFi's Executive Team Expansion:VersiFi, a US-based digital asset firm, appoints Sol Zlotchenko and Daniel Zayfman to its executive team.Zlotchenko as Chief...

Former TD Bank exec Michael Rhodes appointed as new CEO and president of Discover Financial Services

Discover Financial Services appoints Michael Rhodes as new CEO and president, effective March 6, 2024. Rhodes will also become president of Discover Bank...

Goldman Sachs reportedly names Paul Camp as new head of transaction banking

Goldman Sachs appoints Paul Camp as head of transaction banking Executives, including former head Hari Moorthy, were fired in September for communications policy...
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