Banking

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 through AI.AI systems detected fraudulent transactions efficiently.The technology streamlines card payment...

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...

Stripe Plans to Strengthen Valuation Ahead of IPO

The payment processing giant targets a valuation of $140 billion before going public.Highlights: Stripe targets a $140 billion...

Coinbase Unveils New Agentic Wallets to Strengthen User Control

Digital wallet enhances user autonomy in cryptocurrency transactions.Highlights: Coinbase launched Agentic Wallets for enhanced user control.Wallets support a...
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NET Credit Union selects Bankjoy for digital onboarding solution

NET Credit Union, located in Scranton, Pennsylvania, has partnered with Bankjoy to implement an online and mobile onboarding solution for new customers. The...

Brookfield appoints Ron Kalifa as vice chair and head of financial infrastructure

Ron Kalifa, the former CEO of Worldpay, has been appointed as Vice Chair and Head of Financial Infrastructure at Brookfield Asset Management. Kalifa...

Coop taps Additiv to launch new financial services app Coop Finance+

Coop, one of Switzerland's prominent retail and wholesale companies, has partnered with embedded finance fintech Additiv to launch its Coop Finance+ financial services...

BNP Paribas and 321founded partner to launch marketplace payment management fintech Panto

BNP Paribas, the French banking group, has partnered with start-up builder 321founded to launch Panto, a fintech offering a payment management solution for...

Scottish challenger Alba Bank taps ClearBank for SME payment management

Alba Bank, a Glasgow-based challenger bank focusing on SMEs, has partnered with ClearBank, a provider of accounts, clearing, and embedded banking solutions, to...

Al Rayan Bank goes live with Confirmation of Payee solution from obconnect

Al Rayan Bank, a UK subsidiary of Qatar-based Masraf Al Rayan, has partnered with Obconnect to enhance payment security and combat fraud. The...

Kasssh launches in the UK to enable consumers to pay for online purchases in cash

New online cash payment solution, Kasssh, is now available in the UK. Kasssh offers a cash checkout option for online purchases. Consumers receive...

ECB’s digital euro project to enter preparation phase from next month

The European Central Bank (ECB) is entering the "preparation phase" of its digital euro project on November 1, 2023. This phase involves selecting...

ICYMI fintech funding round-up: Statement, iink, Finzly and more

Statement:Israel-based fintech Statement secures $12 million in seed funding. Led by Glilot Capital Partners with participation from Citi, Mensch Capital Partners, Titan Capital,...
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