/ai
A project by the Bank of England and the London BIS Innovation Hub to use AI to spot unfolding and novel financial crime patterns in real-time retail payment systems showed promise but threw up a number of limitations to its efficacy.
06 June 2025
/markets
At the start of Covid, large Fortune 500 companies began to leave the African financial markets, citing too much illiquidity and uncertainty. One Ireland-based startup, featured on this year’s Money 20/20 ‘Startup Spotlight’ session, built a solution.
05 June 2025
/devops
While AI is a buzzword in the fintech space, quantum is being heard more and more frequently in the sector. But what will it accomplish, and more importantly, is the financial services industry ready for it?
/people
Citi is to lay off 3500 tech staff in China as part of a major revamp of the bank's global operations.
/sustainable
Can a bank be fully net zero? And where can climate-conscious consumers turn to make ethical, sustainable payments?
/cloud
Australia's CommBank, has completed the migration of 100% of its data to AWS in a bid to accelerate the deployement of AI across the bank.
/payments
Money transfer behemoth Wise is to move its primary listing to the United States, in a fresh blow to the London Stock Exchange.
Embedded business finance platform Liberis has launched a proprietary AI underwriting agent built to boost accuracy and slash decision times.
/inclusion
A bill banning retailers from refusing to accept cash payments has passed both houses of the New York State Legislature.
PayPal is working with Mastercard to use the latter's new One Credential feature to offer shoppers more payment options at the checkout.
/wholesale
Unicredit has made a follow-on investment of €10 million in Berlin-based lending-as-a-service fintech Banxware.
Revolut users in France, Belgium, and Germany will be able to send and request payments using EPI’s digital wallet, Wero, from July.
04 June 2025
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