AI in banking, payments, trading and insurance — fraud models, robo-advisors and the regulators watching them.
355 articles
Apple is developing a new iPhone feature that allows users to split group bills by simply taking a photo of a receipt. This move aims to integrate more financial tools directly into the Apple ecosystem.
Bloomberg Technology · 110d ago
UK financial institutions continue to face barriers in accessing the Mythos AI model. The situation remains unresolved six weeks after initial concerns were raised regarding the model's deployment.
iTNews Australia · 111d ago
PEXA has implemented a streamlined Identity and Access Management (IAM) system to protect high-value property transactions. The update focuses on balancing robust security protocols with user experience requirements.
iTNews Australia · 111d ago
Explores the rise of digital tokens linked to physical gold reserves to mitigate crypto volatility. Discusses the ongoing challenges regarding transparency and oversight in digital assets.
Digital Trends · 115d ago
36氪企业全情报小程序上线新版本，优化了舆情展示板块并整合了文心一言与豆包大模型，旨在为投资者提供机构级的舆情数据分析服务。
36氪 · 116d ago
Smartcomply is expanding its compliance and anti-money laundering (AML) platform into the UK market. The move addresses the growing need for automated transaction monitoring and regulatory compliance in the fintech sector.
TechCabal · 116d ago
Chinese banks are tightening credit approvals for commodity trading firms to combat 'invoice economy' fraud, requiring strict verification of trade authenticity (four-flow alignment). This shift aims to reduce risks like circular invoicing and fake warehouse receipts, though it has slowed down legitimate business operations.
虎嗅 · 118d ago
Chinese regulators have officially restricted cross-border brokerages like Futu and Tiger, marking the end of an era for unregulated internet-based offshore stock trading.
虎嗅 · 119d ago
A consortium of 25 European lenders has joined forces to develop a euro-denominated stablecoin. The project aims to provide a viable digital currency alternative to dollar-dominated stablecoins.
Bloomberg Technology · 122d ago
Reflecting on the legacy of Drip Capital, this article explores how former employees are adapting Revenue Based Financing (RBF) models in the current market. It highlights the shift toward AI-driven investment processes and the ongoing demand for cash-flow-based financing.
虎嗅 · 122d ago
Stablecoin infrastructure startup Checker has secured $8 million in equity seed funding. The capital will be used to expand its payment solutions across Africa, Asia, and Latin America.
TechCabal · 122d ago
Former FTX executive Patrick Gruhn is launching an AI-driven trading platform designed to allow users to trade without risking their own capital. The platform aims to mitigate the risks associated with traditional volatile crypto trading.
Bloomberg Technology · 123d ago
Revolut CEO Nik Storonsky is offering every employee £1,000 to help acquire new business banking customers. This internal push highlights the company's strategic pivot toward business banking as it prepares for a potential $200 billion IPO.
The Next Web (TNW) · 127d ago
NSW cyber police successfully apprehended a Business Email Compromise (BEC) ring that laundered stolen funds into gold bullion. The operation was made possible by critical transaction intelligence provided by NAB to track suspicious fund movements.
iTNews Australia · 127d ago
Revolut is expanding into the private banking sector in the UK and Europe. The service will target high-net-worth individuals with an eligibility threshold of £500,000.
The Next Web (TNW) · 128d ago
Revolut has secured regulatory approval in the UK to broaden its investment product range. This move is part of a strategic effort to attract high-net-worth clients.
Bloomberg Technology · 128d ago
The Crypto Clarity Act is returning to the Senate this week, facing significant pushback from the banking sector. The newsletter highlights the complex and often opaque nature of Washington's regulatory environment regarding digital assets.
The Verge · 129d ago
Circle is advancing toward a future where AI agents can conduct financial transactions using stablecoins. The company reported a 20% revenue increase in Q1, despite a decline in net income due to cryptocurrency market volatility.
Bloomberg Technology · 131d ago
Block Inc. raised its full-year profit forecast after earlier AI-related job cuts.
Bloomberg Technology · 135d ago
Coinbase Global will lay off around 14% of its workforce, impacting 700 employees, to control costs amid volatile crypto markets and AI advancements. The cuts will primarily occur in Q2, with up to $60 million in restructuring charges expected.
Bloomberg Technology · 137d ago
Thinkorswim co-founder Tom Sosnoff launches AI wealth platform LossDog to capitalize on retail trading boom. Aimed at leveraging AI for trading insights.
Bloomberg Technology · 151d ago
Depository Trust & Clearing Corp. is partnering with Amazon to shift its core stock-clearing systems to the cloud.
Bloomberg Technology · 157d ago
Project BRIDGE secures $200 million in funding. Banks are investing in Optasia's AI lending platform.
TechCabal · 159d ago
Hong Kong's Q1 IPO market raised over HK$1030B, topping global charts, with total financing at HK$2370B. Emerging sectors like AI, semiconductors, robotics, autonomous driving, and biotech dominate.
36氪 · 167d ago
AI涨乐 has launched a 'financial little lobster' AI agent inside its app. This focused agent tackles the toughest 'last kilometer' in investments.
钛媒体 · 178d ago
Revolut reported 57% profit growth to £1.7bn last year after securing UK banking licence post-five-year wait. The fintech plans US expansion but cautions reputational risks from supporting energy-intensive AI and crypto in its 2025 annual report.
The Guardian Technology · 179d ago
Guangdong issued an action scheme to refine government financing guarantees, supporting financial 'five articles'. It enhances credit for national tech tasks and clusters in electronics, AI, low-altitude economy.
36氪 · 180d ago
Experts from Key Institutional Bank, McKinsey, and Andreessen Horowitz discuss AI's transformative role in bank dealmaking. They join host Dani Burger on Bloomberg Deals.
Bloomberg Technology · 185d ago
Fuse raised $25M to replace outdated loan origination systems in U.S. credit unions.
TechCrunch AI · 187d ago
Block cofounder and CEO Jack Dorsey laid off 40% of the workforce to rebuild the company as an 'intelligence.' He shared these plans in an exclusive WIRED interview. This marks a major strategic pivot for the fintech giant.
Wired AI · 197d ago