/ai
Australia's CommBank has joined the rush of financial institutions to form a relationship with OpenAI, striking a multi-year deal to provide employees with access to ChatGPT Entperise.
13 August 2025
/payments
Google is working with Wise, Ria Money Transfer and Xe to test a remittance experience via its online wallet and search.
/crypto
Fiat-to-crypto infrastructure provider Transak has raised $16 million in funding to expand its stablecoin payments stack.
Visa has joined a $4.9 million Seed round in stablecoin-compatible payment orchestration platform HoneyCoin.
Santander has inked a deal with OpenAI, rolling out ChatGPT Enterprise to nearly 15,000 staffers as it bids to become an "AI-native" bank.
12 August 2025
/markets
A group of financial firms, including Bank of America, Circle and the DTCC, have used the Canton Network blockchain platform to complete the first full on-chain financing of US Treasuries (UST) against the USDC stablecoin.
/startups
Founed by Revolut and Wise alumni, blockchain-based cross-border money transfer startup Riva Money has raised a pre-seed round from Project A as well as angels from Revolut, Monzo and JPMorgan.
Lloyds is the first major UK bank to launch a mobile app feature which allows cash to be paid in at over 30,000 PayPoint high street locations nationwide, using a simple barcode.
UK bank LHV is to apply artificial intelligence technology from Luminance to streamline legal contract document workflows.
Diebold Nixdorf is working with the European Central Bank to integrate its payment processing technology with the digital euro interfaces.
The United Arab Emirates is closing in on the phased launch of its Digital Dirham central bank digital currency.
During the global launch of its new language model, OpenAI has identified BBVA as one of the first institutions to adopt the technology in the financial sector, cutting weeks off the time to conduct technical tasks.
Welcome to Finextra. We use cookies to help us to deliver our services. You may change your preferences at our Cookie Centre.
Please read our Privacy Policy.