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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Marqeta SVP and managing director Jeff Parker steps down

Resignation Announcement: Jeff Parker, SVP and managing director, international at Marqeta, is stepping down from his position at the California-headquartered card issuing firm. Announcement...

FCA greenlights Klarna for payment and credit services in the UK

The Financial Conduct Authority (FCA) authorizes Klarna to regulate payment and credit services in the UK. The authorization covers Klarna's credit products (Term...

ICYMI fintech funding round-up: Kiwi, ID Finance, Crezco and more

Kiwi Raises $13MIndian credit card fintech Kiwi secures $13 million in a Series A funding round. Led by Omidyar Network India, with...

UK’s Kodelab to provide lending tech for HKMA CBDC pilot with Ripple and Fubon Bank

Ripple and Taiwan’s Fubon Bank choose UK consultancy Kodelab for CBDC pilot with HKMA Pilot aims to integrate simulated CBDC and tokenized real...

Mexican fintech start-up Trafalgar taps Thought Machine for core banking technology

Partnership: Mexican fintech start-up Trafalgar partners with Thought Machine for core banking technology. Technology Leap: Trafalgar aims to be Mexico’s first fintech using cloud-native core...

UK fintech Triver secures £20m debt facility from Avellinia Capital

London-based fintech start-up Triver secures £20 million debt facility with Avellinia Capital. Triver plans to offer over £200 million in funding annually to...

Mastercard’s joint venture receives approval to commence domestic payments in China

Mastercard's joint venture in China, Mastercard NUCC Information Technology, has received formal approval to commence domestic payments. In February 2020, Mastercard NUCC received...

Fils launches as digital ESG infrastructure for payments sector

Fils, a new venture by MFTA chairman Nameer Khan, is launching ahead of COP28. With offices in Dubai and London, Fils is an...

Blue Ridge Bank set to trim BaaS fintech partnerships down to a “limited number”

Blue Ridge Bank, founded in 1893 in Virginia, is a community bank operating in the mid-Atlantic states. The bank plans to reduce its...
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