Business

MAS Develops AI Risk Management Toolkit to Strengthen Financial Sector

New toolkit aims to enhance risk management within Singapore's finance industry.Highlights: MAS launches an AI Risk Management Toolkit for the financial sector.The toolkit aims to improve understanding and management...

JPMorgan Pilots Software to Monitor Junior Bankers’ Working Hours

New initiative aims to enhance oversight of junior employee hours worked.Highlights: JPMorgan tests software to monitor working hours...

Goldman Sachs to Implement Performance-Based Staff Cuts in April

The bank plans restructuring amidst shifting financial landscape.Highlights: Goldman Sachs plans performance-based staff cuts in April.The restructuring aims...

Nasdaq Secures SEC Approval for Trading Tokenized Securities

This marks a significant advancement in digital asset trading.Highlights: Nasdaq gains SEC approval for trading tokenized securities.This approval...

Aveni Launches Agentic AI Council to Enhance AI Ethics

New council aims to guide ethical AI development and deployment strategies.Highlights: Aveni establishes the Agentic AI Council for...
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Anchorage Capital Partners: Acquires GBST

Anchorage Capital Partners: Acquires GBSTAnchorage Capital Partners is an Australian-headquartered global private equity firm with extensive experience Pleased to announce it has completed...

WEX: Makes senior appointments

WEX: Makes senior appointmentsWEX is a leading financial technology service provider across a wide spectrum of sectors, including fleet, travel and healthcare Announced...

Pascal WealthTech: Announced that it has acquired Living Wealth Media Inc.

Pascal WealthTech: Announced that it has acquired Living Wealth Media Inc.Pascal WealthTech designs digital technology to empower financial advisors. Integrated, intelligent, and intuitive ...

Community Bank of the Bay: Taps Fiserv for real-time payments

Community Bank of the Bay: Taps Fiserv for real-time paymentsCommunity Bank of the Bay is furthering its digital transformation strategy with the implementation ...

Proxymity: Announces Series B Investment of $31 million

Proxymity: Announces Series B Investment of $31 millionProxymity is a multi-award winning investor communications platform that directly connects and authenticates issuers The company...

SEC: Charges Five Russians in $80 Million Hacking and Trading Scheme

SEC: Charges Five Russians in $80 Million Hacking and Trading SchemeSEC announced fraud charges against five Russian nationals for engaging in a multi-year...

UnionPay International: Launches SoftPOS solution in Malaysia

UnionPay International: Launches SoftPOS solution in MalaysiaUnionPay International ("UPI"​) is a wholly-owned subsidiary of China  established in Nov 2012 The SoftPOS solution to...

ING: Announced that it will leave the Retail Bank market in France

ING: Announced that it will leave the Retail Bank market in FranceING is a pioneer in the digital bank and on the forefront...

VTB Bank: Introduces AI to speed up client services

VTB Bank: Introduces AI to speed up client servicesVTB Bank is one of the leading universal banks of Russia and its subsidiaries form...
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