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FSB Asia addresses cross-border payments, AI and climate change

The Financial Stability Board (FSB) Regional Consultative Group for Asia (RCG Asia) met today in Colombo.

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Stripe unveils slate of new features

Stripe, a financial infrastructure platform for businesses, today announced more than 50 new features at its annual user conference, Stripe Sessions, held at the Moscone Center in San Francisco.

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Zilch to leverage AI with Amazon Web Services

Zilch, the world’s first ad-subsidised payments network (ASPN), announces today that it has extended its collaboration with cloud provider Amazon Web Services (AWS) to accelerate the rollout of AI innovation across the Zilch proposition.

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Conversational AI insurtech PeppercornAI raises £3.25m

Insurtech PeppercornAI has raised £3.25 million in its latest funding round. The funding, of which Wealth Club raised £1.9m, included high net worth investors, existing investors EHE Capital and Angels Invest Wales.

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Verafin unveils Entity Research Copilot

Verafin, a Nasdaq company, renowned for its expertise in applying artificial intelligence (AI) and big data technologies to fight crime, announces the launch of Entity Research Copilot, the first of its integrated Copilot capabilities, bolstering its suite of financial crime management solutions.

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Basware debuts AI-based fraud protection product

Basware, a global leader in AP automation and invoice processing, has introduced AP Protect, an AI-powered solution that empowers finance teams to protect their organisations from the threat of profit loss, invoice errors and fraud.

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Imandra ships AI assistant for FIX Connectivity

Imandra Inc., the AI company pioneering industrial automated reasoning, today announced the launch of FIX Wizard for its FIX Connectivity suite used by banks and trading firms.

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Isda provides furture perspective on GenAi in the derivatives market

This ISDA Future Leaders in Derivatives (IFLD) whitepaper sets out guidance for industry stakeholders, regulators and technology providers seeking to harness the power of generative artificial intelligence (genAI) in transforming the over-the-counter (OTC) derivatives market.

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Bian adds 19 members

Bian, the independent not-for-profit standards association, is announcing that 19 new members have joined the growing organization, bringing the total number of members to 98. This momentum has helped BIAN further its commitment to forging a new era of banking.

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Bridgewise closes $21m funding round

Bridgewise, the innovative AI-based analysis platform for global securities, has announced the completion of a $21 million funding round, bringing its total capital raised to $35 million.

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Wells Fargo chooses TradeSun to digitise trade finance

TradeSun and Wells Fargo have entered into an agreement that will enable Wells Fargo to leverage the industry leading trade finance and compliance digitization solution from TradeSun, using Artificial Intelligence (AI) and other advanced technologies to streamline the complex and manual processes employed globally within the banking industry.

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Tifin appoints Rob Pettman chief revenue officer and president

Tifin, a leading AI and innovation platform for wealth, announces the appointment of Rob Pettman as its Chief Revenue Officer and President.

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