United Overseas Bank has invested in Israel-based AI firm Personetics and plans to deploy its cognitive analytic tools to help customers make smarter banking decisions.
State Street is to acquire Charles River Development in an all cash transaction valued at $2.6 billion.
The great blockchain patent chase continues apace, with Barclays, Mastercard and American Express all filing applications in recent weeks.
Faster Payments has hit the buffers for the second time in as many weeks, but this time the problem appears to lie at the door of Lloyds Banking Group.
Credit Suisse has joined a funding round for Assetmax, a Swiss startup that provides asset managers with an end-to-end software platform.
The US Bureau of Consumer Financial Protection has appointed lawyer Paul Watkins to lead the agency's new office of innovation, with a brief to develop a regulatory sandbox to help fintech startups bypass red tape.
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Russia's PIR Bank lost $1 million after hackers infiltrated the bank's systems via a compromised router installed at a regional branch.
Cambridge City Council has installed contactless 'giving points', enabling people to tap their card or phone to make donations to a charitable fund for rough sleepers.
The Hong Kong Monetary Authority has released an Open API framework, paving the way for bank data sharing with third party vendors.
After a run of successful integrations in the UK's Open Banking market, financial API platform TrueLayer has raised $7.5 million to capitalise on opportunities in Europe as new data sharing rules come into force.