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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SC Ventures and SBI Holdings to jointly launch digital asset investment firm in UAE

Joint Venture Establishment:SC Ventures and SBI Holdings plan to create a digital assets investment firm in the UAE.Collaboration with Dubai International...

Edwina Johnson joins MoneyGram as general manager

Edwina Johnson Appointed GM at MoneyGramMoneyGram names Edwina Johnson as the new General Manager for MoneyGram Online International. Johnson brings over 15...

Trading solutions provider CQG agrees to executive ownership deal

Ownership Transition:CQG, a financial trading solutions provider, is set to be acquired by a group of its senior executives.Company Background:Founded...

ICYMI fintech funding round-up: EduFi, Performativ, Due and more

EduFi Funding:Singapore-based EduFi secures $6.1 million in pre-seed funding. Led by Zayn VC, with participation from Palm Drive Capital and others. EduFi...

European regulators agree on new rules for SEPA instant payments

Instant Payments Expansion:European governing bodies agree on new rules to increase the availability of instant payments. Banks and payment service providers offering...

FCA calls for “robust frameworks” to detect fraud and support victims

The UK's Financial Conduct Authority (FCA) urges firms to enhance anti-fraud systems. The FCA's recent review revealed both good and poor practices in...

Canadian Tire reacquires Scotiabank’s 20% stake in its financial services arm in $650m deal

Financial Transaction: Canadian Tire buys back Scotiabank’s 20% stake in its financial services arm, CTFS, through an all-cash transaction valued at around $650 million...

India’s InCred Finance secures unicorn status with $60m Series D funding

Funding News:Indian fintech InCred Finance secures $60 million in Series D funding. Valuation reaches $1.05 billion, making InCred the latest unicorn in...

Block’s Cash App withdraws bid for Irish virtual asset licence

Cash App withdraws VASP license application in Ireland. The peer-to-peer platform sought a license from Ireland’s central bank for virtual asset and cryptocurrency...
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