/retail
Bank of America has launched an account designed to help parents teach their children how to manage money.
6 hours
/crypto
First Abu Dhabi Bank (FAB) has carried out a programmable payments pilot using JP Morgan's JPM Coin digital token.
/ai
Visa has signed a definitive agreement to acquire British AI-powered financial fraud fighting outfit Featurespace for an undisclosed sum.
16 hours
The Bank of England (BoE) is calling on financial services firms to join its artificial intelligence (AI) consortium designed to oversee the use of the technology within the sector.
18 hours
More than half of the companies investing in artificial intelligence (AI) projects have been unable to extract any tangible benefit, according to recently published research.
19 hours
/wealth
Investors are prepared to dump their wealth managers if they fail to embrace new technology, suggests recently published research.
20 hours
/payments
BNPL giant Klarna is stepping up its assault on bricks-and-mortar shopping, landing on Adyen in-store terminals across Europe, North America and Australia.
22 hours
The European Investment Bank (EIB) is lending Italian paytech giant Nexi Group €220 million to support digital payment innovation.
26 September 2024
Indian business-to-business payments firm PayMate is plotting a move into Indonesian through the $400 million acquisition of a DigiAsia subsidiary.
25 September 2024
/people
Caroline Ellison, the former girlfriend of FTX co-founder Sam Bankman-Fried, has been sentenced to two years in prison for her part in the crypto exchange's collapse.
/regulation
The UK's Financial Conduct Authority has proposed rules designed to better protect customers when payments and e-money firms go out of business.
/markets
Challenger bank Revolut has seen its valuation rise to $45bn after Mubadala, the Abu Dhabi-based sovereign wealth fund acquired a stake in the company.
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