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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Commerzbank becomes first German bank to receive crypto custody licence

Commerzbank granted first crypto custody license among German full-service banks Aims to develop a range of digital asset services, with a focus on...

Mastercard taps Japan’s NEC to roll out biometric checkouts across APAC

NEC Leads Mastercard Biometric Checkout ExpansionNEC Corporation is driving the expansion of Mastercard's Biometric Checkout Programme in the Asia Pacific (APAC) region. ...

FCA places embattled Metro Bank on financial crime watchlist as rescue deal continues

Metro Bank's Situation: The bank is on the Financial Conduct Authority's (FCA) financial crime watchlist, confirmed on June 6. Reasons for Listing: The FCA's action...

Nuvei reportedly snaps up Aussie paytech Till Payments for $30.5m

Aussie paytech Till Payments is set to be acquired by Canadian firm Nuvei for AUD 47 million ($30.5 million). A significant drop from...

Q2 Holdings announces leadership shake-up with new senior hires

Leadership Changes at Q2 Holdings:Himagiri Mukkamala, CDO:Over 25 years of experience in enterprise technology. Previously GM of Penguin Edge and CEO...

Moneythor launches Customer Activation Management platform

Moneythor's New Offering: Customer Activation ManagementMoneythor, a Singapore-based company, launched Customer Activation Management. Aim: Help banks achieve long-term customer profitability.Platform Features...

Customers Bank taps Funding Circle for Lending-as-a-Service platform

Adoption of Funding Circle's LaaS PlatformPennsylvania-based Customers Bank is adopting Funding Circle’s Lending-as-a-Service (LaaS) platform. The move aims to expand lending capabilities...

UK fintech Fnality raises £77.7m in Goldman Sachs and BNP Paribas-led Series B

Fnality, a UK-based blockchain payments firm, secures £77.7 million in a Series B funding round led by Goldman Sachs and BNP Paribas. Series...

Saudi Awwal Bank taps Mastercard to fight financial crime with AI

Partnership Expansion: Saudi Awwal Bank (SAB) expands partnership with Mastercard to enhance its financial risk assessment using AI. Technology Adoption: SAB is adopting...
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