Banking

Anthropic Launches Financial Services Plugins for Claude, Strengthening AI Integration

New plugins enhance Claude's capabilities for financial service providers.Highlights: Anthropic announces plugins for its AI model, Claude, aimed at finance.The plugins allow seamless integrations with financial services.Claude's upgrade aims...

Payoneer Strengthens Its Position with US National Trust Bank Charter Application

Payoneer's move could enhance its services and market reach in the US.Highlights: Payoneer has applied for a US...

Stripe Achieves $159 Billion Valuation, Strengthening Market Position

The fintech giant secures its place in the competitive digital payments landscape.Highlights: Stripe's valuation reaches $159 billion after...

BOFE Extends CHAPS Settlement Hours for Improved Efficiency

New settlement hours aim to enhance flexibility in transactions.Highlights: Bank of England extends CHAPS settlement hours from 2024.New...

BNP Paribas Explores Public Blockchain for Money Market Fund Tokenisation

The bank investigates blockchain solutions for modernising fund investments.Highlights: BNP Paribas is investigating public blockchain for fund tokenisation.The...
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Tide Achieves Unicorn Status with $120M Investment Led by TPG

UK fintech Tide raises $120 million at $1.5B valuation in TPG-led round, accelerating international growth, agentic AI investment, and product expansion. Key Highlights Unicorn valuation...

Nvidia Leads £2bn Investment to Supercharge UK AI Innovation & Startup Ecosystem

Nvidia commits £2 billion alongside top VCs to boost infrastructure, startup funding, and academic partnerships in London, Oxford, Cambridge, and Manchester, aiming to strengthen...

Shift Technology Launches Shift Claims: Agentic AI Transforms Insurance Claim Handling

The new Shift Claims solution from Shift Technology introduces agentic AI to assess, prioritize, and automate insurance claims, delivering faster resolutions, reduced leakage, and...

Mercantile Bank to Migrate Core to Jack Henry for Operational Efficiency & Growth

Michigan’s Mercantile Bank partners with Jack Henry to modernize its core tech ahead of a merger, integrating core processing and enterprise workflow for better...

SEON Raises $80M Series C to Scale Fraud Prevention & AML Platform Globally

Fraud prevention fintech SEON secures $80 million in Series C funding led by Sixth Street Growth to accelerate AI product development, global expansion into...

WorkFusion Raises $45M Investment to Boost AI Agents for Financial Crime Compliance

The New York-based RegTech company lands $45 million led by Georgian to expand its AI-powered compliance agents — serving top banks in AML, sanctions...

Bank CenterCredit Selects Tuum to Power its Banking-as-a-Service (BaaS) Offering

Kazakhstan’s Bank CenterCredit partners with Tuum, deploying modular accounts, payments, and cards infrastructure via the Tuum Orchestration Platform to launch a greenfield BaaS and...

Thread Bank Appoints Dan Chang as Chief Compliance Officer to Strengthen Regulatory Oversight

Thread Bank names Dan Chang as its new Chief Compliance Officer, underscoring its commitment to enhancing compliance, governance, and regulatory standards in the evolving...

Handelsbanken Fonder Partners with Denodo to Boost Data Virtualization Capabilities

The collaboration aims to strengthen Handelsbanken Fonder’s data management and analytics by leveraging Denodo’s advanced data virtualization platform. Highlights: Handelsbanken Fonder teams up with Denodo...
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