Business

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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Novo secures $125m credit facility to provide working capital to small businesses through Novo Funding

Miami-based financial platform Novo is launching Novo Funding, aiming to provide up to $75,000 of working capital to small businesses, offering various benefits and...

Clearstream migrates regulatory reporting to Regnology’s Rcloud platform

Clearstream Banking AG, a post-trade business of Deutsche Börse Group based in Luxembourg, is shifting from on-premise to cloud-based regulatory reporting by adopting Regnology's...

Allfunds acquires local paying agent business of Iccrea Banca

Allfunds Group, a London-based B2B wealthtech platform, is set to acquire the local paying agent business of Iccrea Banca through an agreement with Italy's...

The FCA’s Consumer Duty clamps down on unfair savings rates

The Financial Conduct Authority (FCA) is taking action against banks and building societies for offering disproportionate interest rate rises to savers. The FCA's 14-point...

Upgrade snaps up BNPL vendor Uplift for $100m

US fintech Upgrade is set to acquire buy now, pay later (BNPL) vendor Uplift for $100 million in a mix of stocks and cash,...

ING names Görkem Köseoğlu as new chief technology officer

Görkem Köseoğlu is appointed as Chief Technology Officer (CTO) and member of the Management Board Banking at Dutch banking corporation ING, succeeding the former...

German fintech start-up Monite bolsters leadership team with new hires

Berlin-based embedded finance start-up Monite has hired three new executives for its leadership team to drive growth and expand its presence in the EU,...

Trustmi aims to stamp out B2B payment fraud with global launch

Cybersecurity fintech start-up Trustmi launches globally with a comprehensive payment security solution aimed at combating B2B payment fraud and leveraging crowd-sourced data to protect...

Open Banking Expo expands to two days and co-locates with the Open Banking Expo Awards this October

Open Banking Expo, the renowned event organizer, returns to London on 18-19 October, expanding to a two-day show and featuring over 1,000 executives from...
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