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/ai

Standard Chartered launches GenAI tool worldwide

Standard Chartered is rolling out a Generative AI tool to tens of thousands of employees around the world.

/devops

Australia's CommBank opens collaborative Tech Hub in Seattle

Australia's Commonwealth Bank has opened a dedicated Tech Hub in Seattle to equip its IT staff with first-hand experience of emerging developments in cuting-edge technologies, such as AI and cloud.

/markets

ICE partners Circle to explore stablecoin uses

Nyse parent Intercontinental Exchange is exploring how it can use Circle's stablecoin and tokenised money market offering.

/wealth

Robinhood moves into wealth management and private banking

Stock trading app Robinhood continues to build out its product suite, adding wealth management and private banking services, as well as an AI investment tool.

/ai

AI compliance platform Flagright raises $4.3 million

AI-native AML compliance platform Flagright has raised a $4.3 million Seed round to fund international expansion.

/payments

Africa's Chipper Cash signs with Ripple for cross-border payments

Ripple has signed a deal to deliver crypto-enabled cross-border payments to African money movement firm Chipper Cash.

/wholesale

Mercury scores $300 million Series C

Mercury, a provider of banking services for enterepreneurs and the tech industry, has secured $300 million in Series C funding at a $3.5 billion valuation.

/payments

EBAday 2025 agenda released

EBAday will come to Paris on 27-28 May at the Les Salles du Carrousel.

/payments

MyPOS buys UTP

London-based fintech myPOS has made its second acquisition of the year, snapping up payments outfit UTP Group. Financial terms were not disclosed.

/regulation

TD dominates 2024 bank fines chart

Banks around the world paid $4.5 billion in major fines in 2024, with TD Bank accounting for two-thirds of the total after it pleaded guilty to violating US anti-money laundering federal laws.

/wholesale

German government not aware of plans to readmit Russian banks to Swift

The German government says it is not aware of any plans to accept Russia's demand to have banks readmitted to the Swift messaging system.

/wholesale

JPMorgan makes quantum computing randomness breakthrough

JPMorgan Chase researchers are claiming a quantum computing breakthrough, generating certified randomness.