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Thomson Reuters buys tax automation provider SafeSend

Thomson Reuters has acquired cloud-native tax automation firm SafeSend for $600 million in cash.

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Putin orders Russian bank to cooperate with China on AI

Sberbank, Russia’s largest financial institution, has been told to work with China on the development of AI-based services.

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Finextra's year in review

With 2024 drawing to a close, we take a look back at our most popular news items and community engagement activities over the course of the past year.

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Crédit Agricole to acquire Santander stake in Caceis

Crédit Agricole SA will continue to strengthen Caceis’ position as one of the major European players in asset servicing, supporting its clients’ business development objectives.

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Google Cloud predicts four ways that GenAI will transform financial services

The next year will see an industry tipping point for AI innovation in the financial sector, says Zac Maufe, global head of regulated industries at Google Cloud.

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Temenos banks can now launch digital asset services "within days" following integration with Taurus

Digital asset infrastructure firm Taurus has fully integrated with fellow Swiss vendor Temenos, enabling banks to create and manage crypto wallets as well as transfer a wide range of digital assets directly from within their installed core banking software.

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ASA bans Lloyds ad on greenwashing grounds

The Advertising Standards Authority has upheld a claim against greenwashing by Lloyds Banking Group, banning an advert that burnished the bank's environmental credentials but failed to mention its ongoing support for fossil fuel polluting industries.

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Stablecoins are hot! BVNK scores $50 million to expand across the US

Stablecoin payments infrastrcuture firm BVNK has secured a $50 million Series B round to expand its operations in the United States.

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Morgan Stanley becomes first investment bank to deploy Wise platform

Morgan Stanley is to adopt Wise's technology platform to conduct foreign exchange international settlement for its corporate customers.

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Ripple begins stablecoin roll out

Ripple has commenced the roll out of its RLUSD stablecoin on global exchanges Uphold, Bitso, MoonPay, Archax, and CoinMENA, with more in the pipeline.

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FIS set to buy Demica

UK supply chain finance platform Demica is about to be swallowed up by US financial technology provider FIS Global, according to Sky News.

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FCA takes next steps in developing regulated crypto regime

The UK's Financial Conduct Authority has set out its latest steps to improve the integrity of the UK's crypto market.