/ai
OpenAI CEO Sam Altman says it "terrifies" him that banks still use voice-based authentication methods in an era when the AI that he has helped bring into the mainstream can trick such technology.
24 July 2025
/payments
Wise's plan to move its primary listing to the US is drawing fire from co-founder Taavet Hinrikus and proxy advisory firms because the vote on the move will also ask shareholders to greenlight an extension of the money transfer company's dual-class share structure.
23 July 2025
Corporate payments outfit Corpay has agreed to buy British peer Alpha Group for $2.2 billion in cash.
/markets
The Bank of New York Mellon is to employ blockchain technology developed by Goldman Sachs to maintain a record of customers’ ownership of select Money Market Funds (MMFs), opening up the transferability of existing MMF shares.
/regulation
The UK's Competition and Markets Authority (CMA) says it will take action to ensure Apple opens up restrictions on fintechs offering their own digital wallets on iPhones.
PayPal has unveiled a series of global partnerships that will connect many of the world’s largest payment systems and digital wallets on a single platform, starting with interoperability with PayPal and Venmo.
/retail
NatWest has signed a five-year deal with Amazon Web Services and Accenture to consolidate its customer data streams into a single, bank-wide data platform, enabled by AI.
/startups
Berlin-based startup Credibur has secured $2.2 million in pre-seed funding to launch its credit infrastructure platform.
/crypto
PNC Bank has struck a deal with Coinbase to bring crypto services to the Main Street lender's clients and institutional investors.
/inclusion
Equifax and Mastercard are using open banking data to boost credit access for millions of Australians with limited or no credit history.
Bitget Wallet has partnered MoonPay to launch a fiat withdrawal feature that allows users to convert stablecoins directly into cash.
Stripe is bringing in Stephany Kirkpatrick, the founder and CEO of payments orchestration firm Orum. Financial terms were not disclosed.
22 July 2025
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