Business

UK Government Strengthens Talks with Anthropic for Mythos Release Amid Concerns

Anthropic's AI technology under scrutiny as UK seeks to enhance regulatory framework.Highlights: UK government engages Anthropic for AI project approval.Mythos AI aims for innovative solutions in fintech.Regulatory caution grows...

Salmon Strengthens Fundraising for Philippines Expansion

Fintech company Salmon secures new funding to enhance its operations in the Philippines.Highlights: Salmon raises significant funds to...

Truist Pilots Zelle Bill Payments, Strengthening Digital Banking Services

New pilot program aims to simplify bill payments through Zelle for customers.Highlights: Truist launches pilot program for Zelle...

ACI Worldwide Strengthens Payment Solutions with Cloud-Native Platform

New platform enhances support for eight U.S. payment networks.Highlights: ACI Worldwide launches a cloud-native payment platform.The platform supports...

LendingClub Rebrands as Happen Bank, Strengthens Digital Banking Services

The transformation aims to enhance customer engagement and streamline services.Highlights: LendingClub officially rebrands to Happen Bank.The rebrand focuses...
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Reserve Bank of India outlines plans for new fintech repository and cloud facility for FS firms

Fintech Repository and Cloud Facility:RBI plans to establish a fintech repository and a new cloud facility. Fintech repository to capture essential information...

DTCC completes acquisition of Securrency, rebrands business as DTCC Digital Assets

DTCC completes acquisition of Securrency Retires Securrency brand renames business to DTCC Digital Assets Managed by Lynn Bishop, DTCC Digital Assets to operate...

Marsden Building Society taps Jade ThirdEye for AML tech

Marsden Building Society Partnership:Marsden Building Society has chosen Jade ThirdEye’s Transaction Monitoring and Customer Screening for anti-money laundering (AML) defense. This move...

SumUp bags €285m in latest funding round to fuel expansion plans

SumUp secures €285 million in fresh funding for international growth and expanding payment services for SMEs. Sixth Street Growth leads the funding round,...

Hungary’s OTP Bank taps iGCB for core banking revamp

OTP Bank's Upgrade: OTP Bank, based in Budapest, Hungary, chooses Intellect Global Consumer Banking (iGCB) for a core banking system upgrade. International Presence: OTP Bank...

VersiFi hires two senior execs from Hazeltree to boost tech and infrastructure development

VersiFi's Executive Team Expansion:VersiFi, a US-based digital asset firm, appoints Sol Zlotchenko and Daniel Zayfman to its executive team.Zlotchenko as Chief...

Former TD Bank exec Michael Rhodes appointed as new CEO and president of Discover Financial Services

Discover Financial Services appoints Michael Rhodes as new CEO and president, effective March 6, 2024. Rhodes will also become president of Discover Bank...

Goldman Sachs reportedly names Paul Camp as new head of transaction banking

Goldman Sachs appoints Paul Camp as head of transaction banking Executives, including former head Hari Moorthy, were fired in September for communications policy...

Canapi Ventures reveals new $750m fund to support US fintech entrepreneurs

Canapi Ventures, a US-based VC firm backed by 70 American financial institutions, raises $750 million in its latest fund, bringing total assets under...
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