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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John O’Beirne takes the reins as executive director of Square’s Europe operations

Executive Appointment:John O’Beirne, former Bank of Ireland executive, joins US fintech Square as executive director of its Europe operations.Leadership Role:O’Beirne...

French business banking firm Qonto taps Fourthline for onboarding tech

Qonto, a French business banking fintech, partners with Fourthline's onboarding technology. Fourthline, a Dutch compliance regtech founded in 2017, facilitates automatic KYC and...

Credit Union 1 migrates core to Jack Henry’s Symitar platform

Deployment of Jack Henry's Symitar Core Platform:Credit Union 1 (CU1), the second-largest in Alaska, USA, has implemented Jack Henry's Symitar core platform....

Konstantin Zaripov resumes role as managing director of Nebeus after five-year break

Konstantin Zaripov returns to Nebeus as Managing Director (MD) after a five-year hiatus. Nebeus, founded in 2014, is a regulated Virtual Asset Service...

Crypto.com lands EMI licence from the UK’s Financial Conduct Authority

Crypto.com secures electronic money institution (EMI) license from UK's Financial Conduct Authority (FCA). Plans to introduce a range of e-money products tailored for...

New UK fintech start-up Kaldi aims to help millennials and Gen Z save and invest

Kaldi, a UK-based fintech start-up, aims to launch in Q1 2024. The company plans to introduce an "easy-to-understand" savings and investment app for...

UAE fintech start-up Flow48 lands $25m pre-Series A funding

Funding Success: UAE-based fintech start-up Flow48 secures $25 million in a pre-Series A funding round. Investors: The funding round involves a mix of equity and...

Valley Bank CIO Stuart Cook leaves to join start-up True Digital Network as CEO

Stuart Cook Transition:Stuart Cook, former Chief Innovation Officer (CIO) of Valley National Bank, has left after 11 months. He has taken on...

Eurosystem eyes up alternative payment solutions in latest retail payments strategy update

Eurosystem's Retail Payments Strategy UpdatePriorities:Digital euro development Instant payments Cross-border paymentsObjectives of Retail Payments StrategyDevelop pan-European solutions for point-of-interaction...
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