Business
FinTech
Citi Strengthens AI Infrastructure Banking Team with Investment in Japan
Citi aims to enhance its AI capabilities through strategic team formation and investment.Highlights: Citi forms a new AI-focused infrastructure banking team.First investment made in Japan to boost fintech initiatives.Move...
FinTech
New York Finalizes BNPL Rules to Strengthen Consumer Protections
New regulations aim to enhance transparency in buy now, pay later services.Highlights: New York's final regulations for BNPL...
FinTech
Visa Accelerates AI Leadership in Payment Industry Race
Visa's push for AI supremacy shapes the future of financial technology.Highlights: Visa increases investment in AI technology.The payment...
FinTech
Tokenization Set to Transform Financial Services Industry, Survey Finds
New survey highlights the rising importance of tokenization in finance.Highlights: A new survey shows rising interest in tokenization...
FinTech
New Dataset Launch Strengthens UK Financial RegTech Sector
A comprehensive tool for mapping the UK RegTech landscape has been unveiled.Highlights: A new dataset has been launched...
Goldman Sachs Develops AI Assistant Mimicking Seasoned Bankers
Generative AI Tool Aims to Enhance Efficiency and Decision-Making
Highlights:Generative AI Tool: Goldman Sachs is rolling out a generative AI assistant to its employees,...
Tapline Raises €20M in Pre-Series A Funding for AI-Driven SaaS Financing
Berlin-based digital finance platform Tapline secures equity and debt funding to expand across Europe
Highlights:€20M Pre-Series A Funding: Tapline, a Berlin-based digital finance platform,...
Capital One Customers Hit by Outage
Technical Issues with Third-Party Vendor Cause Widespread Disruption
Highlights:Nationwide Impact: The outage affected thousands of Capital One customers across the US, causing delays in...
Farrier Finance Launches New Product Ratings for Business Bank Accounts
Innovative Ratings Aim to Simplify Business Banking Choices
Highlights:New Ratings System: Farrier Finance introduces a new ratings system to help businesses compare bank accounts...
Barclays Research: AI Could Triple US Data Centre Usage by 2030
New Report Highlights Massive Infrastructure Demands and Environmental Impact
Highlights:Projected Growth: AI could drive US data centre usage to triple by 2030, from 150-175...
UK Green Fintech Tred Winds Up Amid New Fraud Reimbursement Rules
Leeds-based Tred Closes Down After Four Years, Citing Financial Strain from APP Fraud Regulations
Highlights:Tred's Mission: Launched four years ago, Tred aimed to help...
Digital Currency Group Settles SEC Charges with $38 Million Payment
Firm Agrees to Pay Fine Over Misleading Investors About Genesis Collapse
Highlights:$38 Million Fine: Digital Currency Group agrees to pay $38 million to settle...
Amazon to Acquire Indian BNPL Startup Axio
E-commerce Giant Expands Financial Services with $150 Million Deal
Highlights:$150 Million Deal: Amazon agrees to acquire Axio for over $150 million.
Six-Year Partnership: Amazon...
UK’s Payment Systems Regulator Updates Strategy for Enhanced Competition and Innovation
PSR Focuses on Protecting Users and Advancing Payment Systems Amid Mid-Strategic Plan Review
Highlights:Mid-Strategic Plan Review: The PSR reviews its five-year strategic plan halfway...

