/ai
Financial crime prevention platform Themis has raised £7.25 million in scale-up funding.
23 mins
/regulation
EBA Clearing has launched a Sepa-wide Verification of Payee (VOP) service to help PSPs in Europe meet Instant Payment Regulation requirements.
/payments
ABN Amro is launching a 'Pay Later' debtor management pilot for business clients with the aim of securing trust in online B2B transactions.
Klarna has been fined Skr500 million ($50 million) by Sweden’s Financial Supervisory Authority, for anti-money laundering defects.
12 hours
Swedish spend management fintech Mynt has raised a €22 million Series B funding round at a significantly increased valuation of approximately €175 million.
/people
Santander has hired PayPal exec Nitin Prabhu as global head of its Digital Consumer Bank.
14 hours
/startups
Ayan Capital, a London-based Islamic fintech, has secured £2.8 million in equity funding to expand halal car finance and other Islamic finance products in the UK.
/security
Bank-to-bank Payment network Swift is working with Google Cloud to develop multi-jurisdictional anti-fraud technologies that use advanced AI and federated learning
15 hours
/crypto
Deutsche Bank has signed on as Crypto.com's corporate banking partner in Singapore, Australia and Hong Kong, with additional support and coverage to come.
11 December 2024
Payroll firm CloudPay has formed a partnership with Banco Santander to give employees of the bank's SME and company clients in Spain real-time access to their earned wages.
Mobile banking firm MoneyLion has agreed to be acquired by tech group Gen Digital in a $1 billion cash deal.
10 December 2024
ThetaRay has integrated with Microsoft Azure OpenAI Service to develop a GenAI financial crime detection suite.
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