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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IndusInd Bank taps Viamericas for digital inward remittance offering

IndusInd Bank partners with Viamericas Corporation for digital inward remittances from the US to India. US-based Indians can use the Indus Fast Remit...

Stax Payments expands tech stack with APPS acquisition

Stax Payments is set to acquire Atlantic-Pacific Processing Systems (APPS) in a bid to expand its payment processing platform. Stax Payments, founded in...

BNP Paribas taps Lenvi to manage risk for factoring and receivables finance

BNP Paribas partners with fintech firm Lenvi for risk management and fraud analytics. BNP Paribas Factoring operates in 12 countries with €210 billion...

LSEG ditches legacy finance systems for Oracle Cloud

London Stock Exchange Group (LSEG) is transitioning 17 legacy finance systems to Oracle Fusion Cloud for efficiency and cost reduction. LSEG focuses on...

UK fintech Railsr gets back on track with $24m funding

Railsr, a UK-based fintech, secures $24 million in fresh funding. Existing investors, including D Squared Capital and Moneta Venture Capital, contribute to the...

Ziglu founder Mark Hipperson rejoins company as executive chairman

Mark Hipperson rejoins Ziglu as executive chairman. Ziglu, founded in 2018 and launched in 2020, specializes in mobile banking and cryptocurrency services. Kevin...

UK core banking tech vendor Thought Machine cuts workforce by 8%

Thought Machine, a UK-based core banking technology vendor, is reducing its workforce by 8%. Around 50 positions will be affected, primarily in sales,...

Spain’s Twinco Capital secures €50m debt facility from BBVA Spark

Twinco Capital secures €50 million debt facility from BBVA Spark to boost growth. Co-founded by Sandra Nolasco and Carmen Marín in 2019. Offers...

ICYMI fintech funding round-up: UnaFinancial, Multifi, Triple-A and more

UnaFinancial, a fintech group, plans to raise up to $15 million for a new finance app in the UAE in 2024. The funds...
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