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...
spot_img

Denmark’s Mazepay taps ex-Mastercard exec Kevin Stanton to lead US drive

Danish B2B fintech Mazepay hires former Mastercard executive Kevin Stanton for key role. Stanton appointed to the board of directors, tasked with expanding...

Swedish lender Froda hires former Klarna director Roger Forsberg as CTO

Froda's New CTO: Roger Forsberg, former Klarna director, joins Swedish alternative lender Froda as Chief Technology Officer (CTO) effective December 4. Scaling Phase:...

Jack Henry’s president of bank solutions, Stacey Zengel, to retire in 2024

Stacey Zengel, president of bank solutions at US banking tech provider Jack Henry & Associates, will retire on June 30, 2024. Zengel has...

FinTech Australia shakes up board with four new appointments

FinTech Australia made four new appointments to its board. Sarah Gorman, Head of Growth and Marketing at Digital Agriculture Services, becomes deputy chair...

HSBC launches $150m venture debt product for high-growth scale-ups in Australia

HSBC introduces venture debt in Australia to support scale-up companies in technology and new economy sectors. $150 million was allocated for lending, targeting...

Contis hit with €840,000 fine by Bank of Lithuania

Contis, part of German BaaS fintech Solaris, fined €840,000 by the Bank of Lithuania. Delegated anti-money laundering (AML) measures to distributors without proper...

India’s PhonePe reportedly planning to launch consumer lending in January 2024

Expansion Plan: PhonePe plans to enter the consumer lending space by January 2024. Integration Progress: The fintech is in the "final stages" of integrating with...

Funding Circle and Atom Bank to provide an additional £150m in financing to UK SMEs

UK challenger Atom Bank partners with Funding Circle for lending. Up to £150 million to be deployed for small businesses. The third partnership...

UK financial services firms cautious but keen to adopt GenAI, new survey says

GenAI Adoption in UK Financial Services:70% of UK Finance members are currently piloting generative AI (GenAI) use cases. Primarily focused on co-pilot...
spot_img