Meta Invests $900M in Cred, Appoints Kunal Shah to WhatsApp
Meta Platforms Inc. is making a significant $900 million investment in the Indian fintech startup Cred.
Bloomberg Technology · 89d ago
AI in banking, payments, trading and insurance — fraud models, robo-advisors and the regulators watching them.
355 articles
Meta Platforms Inc. is making a significant $900 million investment in the Indian fintech startup Cred.
Bloomberg Technology · 89d ago

The Bank of England is revising its proposed stablecoin regulations after industry pushback. The initial draft was criticized for being too restrictive and potentially stifling real-world adoption.
The Next Web (TNW) · 89d ago
Lendi Group has overhauled its mortgage platform by implementing a custom agentic orchestration layer. This shift aims to automate complex financial workflows using autonomous agents.
iTNews Australia · 90d ago

Lloyds Banking Group is launching a major recruitment drive for 300 tech experts to focus on the development of agentic AI. The bank aims to deploy autonomous models capable of planning and executing tasks with minimal human intervention by September.
The Guardian Technology · 91d ago

Parafin has secured a new credit facility led by Goldman Sachs to scale its embedded lending infrastructure. This capital will support small business lending across major platforms like Amazon, DoorDash, and Walmart.
The Next Web (TNW) · 93d ago

African fintech giant Flutterwave has successfully raised a Series E funding round led by US-based blockchain company Ripple. This investment marks a significant strategic alignment between cross-border payment infrastructure and blockchain-based settlement technology.
TechCabal · 94d ago

Tencent and Alibaba are engaged in a high-stakes battle to integrate AI into their payment ecosystems. This competition aims to define the next generation of internet entry points.
钛媒体 · 94d ago
HSBC Holdings Plc has announced a strategic partnership with Google Cloud to integrate artificial intelligence across its global banking operations. The bank expects each implemented AI project to generate over $100 million in revenue or efficiency gains.
Bloomberg Technology · 94d ago

WeChat Pay is reportedly launching an 'AI-exclusive card' as early as this week. This move signals a deeper integration of AI-driven financial services within the WeChat ecosystem.
Ifanr (爱范儿) · 94d ago

NVIDIA explores the development of foundation models specifically for financial transaction data. This approach aims to move beyond brittle, hand-engineered features by leveraging the sequential patterns inherent in customer history.
NVIDIA Developer Blog · 95d ago

A new Android banking trojan named Rokarolla has been identified, capable of targeting 217 financial and crypto applications. The malware grants operators extensive control, including the ability to steal PINs, SMS codes, and clipboard data.
The Next Web (TNW) · 95d ago
A new wave of AI-driven insurance models is emerging in disaster-prone regions, potentially challenging the role of FEMA. This shift raises questions about the efficacy and ethics of algorithmic risk assessment in climate-sensitive areas.
Wired · 95d ago

African fintech leader Flutterwave has secured a $3.25 billion valuation following a strategic investment from Ripple. This funding round underscores the growing intersection of traditional fintech and blockchain-based payment infrastructure.
TechCabal · 95d ago

China’s central bank has added 26 financial institutions to its digital-yuan network. This expansion aims to facilitate cross-border financial transactions using the state-backed digital currency.
The Next Web (TNW) · 95d ago

Sumitomo Mitsui Financial Group is pivoting its organizational culture to prioritize innovation, backed by a 50 billion yen investment in generative AI. The company emphasizes that successful digital transformation requires a willingness to abandon failing projects.
ITmedia AI+ (日本) · 96d ago

FINQ has launched AI-managed ETFs that utilize continuously learning models to handle portfolio construction. Early performance data from 2026 suggests these systematic models are outperforming traditional human-managed strategies.
The Next Web (TNW) · 97d ago

Moonshot AI's Kimi has partnered with a state-owned bank to introduce an AI-native credit card. The card features a unique rewards program that converts daily consumer spending into AI compute credits.
Pandaily · 98d ago
Baidu Smart Cloud has entered a strategic partnership with FluxA to develop global payment infrastructure specifically for the AI Agent economy. The initiative is currently inviting 30 OPCs to join the internal testing phase.
量子位 · 101d ago
FIS President & CEO Stephanie Ferris explains how the company leverages AI to provide financial institutions with data-driven, hyper-specific customer experiences. The discussion highlights the balance between advanced AI utility and robust data security measures.
Bloomberg Technology · 102d ago
Ant Group has introduced a new AI-driven payment solution designed for global merchants. The platform enables intelligent agent operations and includes features to verify the trustworthiness of AI agents.
量子位 · 103d ago
JPMorgan Chase is strengthening its internal AI capabilities by hiring the international head of AI strategy from Nomura Holdings. This move reflects the bank's broader effort to integrate AI to boost productivity across its operations.
Bloomberg Technology · 103d ago

Nigeria-based Daya is integrating with the Aptos blockchain to facilitate stablecoin payment flows between Africa and the Middle East. This partnership aims to leverage Aptos's network to improve transaction volume and liquidity for regional fintech providers.
TechCabal · 106d ago

Fintech startup Enduring Planet has successfully closed its second fund, totaling $12 million. The capital is specifically earmarked to provide financial support to entrepreneurs focused on climate-related solutions.
GeekWire · 108d ago
Fireblocks has officially launched Fireblocks Flow at the Money 20/20 conference. This new infrastructure solution aims to enhance payment growth and operational efficiency for crypto enterprises.
Bloomberg Technology · 109d ago
The Depository Trust & Clearing Corporation (DTCC) plans to connect its tokenized securities platform to the Stellar blockchain. This move aims to enhance asset distribution and infrastructure for institutional finance.
Bloomberg Technology · 109d ago
CommBank is providing its technologists with opportunities to upskill by working alongside frontier AI companies at its San Francisco Tech Hub. This initiative aims to integrate global AI expertise into the bank's operations.
iTNews Australia · 109d ago

Apple is developing a new bill-splitting feature for iPhone to compete with third-party financial apps. The tool will allow users to photograph receipts and assign costs to different individuals.
cnBeta (Full RSS) · 110d ago

Tencent has enabled PayPal users to make payments via the WeChat Pay merchant network in China. This integration allows US-based PayPal users to scan QR codes at millions of Chinese merchants.
The Next Web (TNW) · 110d ago
CITIC Securities predicts that bank fundamentals will continue to recover, driven by the shift from 'agency' to 'advisory' wealth management models. The integration of FOF-based asset allocation platforms is a key driver for this transformation.
36氪 · 110d ago
After transforming payments through its home-grown real-time payments system, India is exploring artificial intelligence as the next phase of financial innovation. The shift could reshape how financial services are delivered across the country.
Bloomberg Technology · 11d ago