/ai
Visa has signed a definitive agreement to acquire British AI-powered financial fraud fighting outfit Featurespace for an undisclosed sum.
26 September 2024
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.
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.
/wealth
Investors are prepared to dump their wealth managers if they fail to embrace new technology, suggests recently published research.
/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.
The European Investment Bank (EIB) is lending Italian paytech giant Nexi Group €220 million to support digital payment innovation.
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.
/crypto
French bank Societe Generale has announced a collaboration with crypto custodian and broker Bitpanda designed to accelerate the adoption of digital assets.
AI startup Bridgewise has been given the green light by Israeli regulators to launch a chatbot that gives advice on buying and selling stocks.
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