Finextra Research: Latest fintech news, analysis, interviews, features and opinion by industry experts

BBVA taps AWS for new data platform

BBVA has selected Amazon Web Services analytics and AI technology for a new data platform that will provide a secure repository of the Spanish bank's operations and customer data.

16 June 2023

News/retail

Spanish fintech ID Finance launches crowdfunding campaign

Spanish alternative lending platform ID Finance has launched a crowdfunding campaign, offering existing shareholders and clients as well as European retail investors the opportunity to participate in its recently closed €30 million equity round.

14 June 2023

News/startups

Italy's Sella launches AI incubation programme

Italian banking group Sella has launched an international incubation programme dedicated to startups focused on AI in finance.

06 June 2023

News/cloud

JPMorgan Chase boss Dimon hails 'groundbreaking' AI

JPMorgan Chase has more than 300 AI use cases in production, CEO Jamie Dimon has revealed, calling the technology "extraordinary and groundbreaking".

12 April 2023

News/security

Stripe forms issuer partnerships to help fight fraud

Stripe has launched an "enhanced issuer network": a set of partnerships with US card issuers designed to help businesses rescue fraud and boost authorisation rates.

22 February 2023

News/cloud

Deutsche Bank partners NVIDIA for AI push

Deutsche Bank has inked a multi-year agreement with NVIDIA to accelerate the use of AI in financial services.

07 December 2022

News/markets

BNY Mellon invests in fixed income tech firm bondIT

BNY Mellon has led a $14 million investment round for credit analytics and fixed income technology player bondIT.

07 December 2022

News/wholesale

Wells Fargo launches persona and AI-driven digital banking platform, Vantage

Wells Fargo has unveiled a new digital banking platform, Vantage, to more effectively service its commercial, corporate, and investment banking clients.

05 December 2022

News/security

Plaid releases ML risk engine, 'Signal'

Plaid today announced that after two years in beta, its machine learning (ML) risk engine, Signal, will be available to customers seeking to upgrade their automated clearing house (ACH) transaction services with fraud detection.

17 November 2022

News/regulation

Bunq wins AML case against Dutch Central Bank

Dutch challenger bank Bunq has hailed a "landmark" verdict in the Dutch courts over the use of artificial intelligence (AI) for anti-money laundering processes.

18 October 2022

News/regulation

Regulatory and legacy system constraints hampering machine learning deployment

UK financial firms blame a lack of regulatory clarity and legacy systems for constraining deeper deployment of machine learning technology, according to a survey conducted by the Bank of England.

12 October 2022

News/people

Truist acquires Arena data governance platform

American financial services giant Truist has boosted its data management capabilities through the acquisition of vendor Zaloni's Arena platform. Financial terms were not disclosed.

23 August 2022

News/cloud

Metaverse and decentralised identity flagged as emerging tech to watch - Gartner

Research by Gartner identified 25 “must-know” emerging technologies across three key areas which it predicts will greatly impact business and society over the next two to ten years.

12 August 2022

News/regulation

UK proposes new AI rulebook

The UK government has published its plans to regulate the use of artificial intelligence (AI) which would see it depart from the EU's strategy to establish a centralised body to oversee the use of technology.

20 July 2022

News/startups

Debt resolution startup Ophelos raises £5m

Debt resolution technology firm Ophelos has raised £5 million in a seed funding round led by AlbionVC.

29 June 2022

News/payments

Tencent invests in UK fintech

Chinese ecommerce giant Tencent has led a funding round into London-based fintech Previse.

22 April 2022

News/wholesale

NextGen Nordics: Danske Bank announces Trade AI app

Ahead of our NextGen Nordics conference on the 27th of April 2022, we will be putting together a weekly briefing of selected top stories that are emerging out of the region and setting the blueprint for payments innovation across Denmark, Finland, Iceland, Norway, and Sweden.

25 March 2022

News/crypto

Tintra announces world's first built-for-purpose Web 3.0 bank

RegTech firm, Tintra, has just announced the next stage in its development strategy – the launch of the world’s first ever Web 3.0 banking platform.

18 March 2022

News/startups

Ex-HSBC exec takes on global data governance headache

Former HSBC chief administration officer Chuck Teixeira has raised $1.2 million from angel investors for a 'data enablement' software startup.

17 March 2022

News/cloud

NatWest taps AWS for data-driven services

NatWest Group is working with Amazon Web Services to bring together data from across its business in order to better anticipate the needs of customers.

11 March 2022

Machine learning