AI in banking, payments, trading and insurance — fraud models, robo-advisors and the regulators watching them.
355 articles
This article explores the challenges and opportunities for Chinese smartphone brands in the African market, focusing on the unique economic and infrastructure landscape in the Democratic Republic of the Congo.
虎嗅 · 74d ago
The latest Bloomberg Crypto episode features industry leaders discussing the intersection of decentralized finance, blockchain technology, and emerging tech trends.
Bloomberg Technology · 74d ago
Robinhood is expanding its European offerings by introducing perpetual futures tied to commodities, ETFs, and currencies. This move aims to capture the growing demand for 24/7 trading environments similar to crypto markets.
Bloomberg Technology · 74d ago
Users are now connecting ChatGPT to their banking data to aggregate investments, debts, and cash flow. This allows for AI-driven insights into personal financial health and spending patterns.
ZDNet AI · 74d ago
Axos Financial is acquiring Arc Technologies to integrate its AI-native financial platform into a chartered bank. The deal aims to modernize banking services for tech startups.
The Next Web (TNW) · 74d ago
In the first half of 2026, 24 consumer finance institutions offloaded over 50 billion RMB in bad debts, primarily linked to middle-aged borrowers. The industry is accelerating asset disposal to optimize balance sheets amid stricter regulatory compliance requirements.
虎嗅 · 74d ago
The People's Bank of China and Hong Kong regulators are collaborating to build an electronic fixed income and currency trading platform. This initiative aims to strengthen Hong Kong's position as an international financial hub and offshore RMB center.
36氪 · 74d ago
MUFG President Junichi Hanzawa announced a strategic shift to leverage AI in their personal financial service 'M-T'. The initiative aims to enhance corporate funding support and personal financial advisory in a post-zero-interest-rate environment.
ITmedia AI+ (日本) · 74d ago
Australian Payments Plus (AP+) has integrated ChatGPT Enterprise and Codex to streamline complex payment processes. The implementation focuses on reducing development time while maintaining high quality and human oversight.
OpenAI News · 75d ago
Swedish BNPL giant Klarna has filed for a US banking licence to expand its financial services. The move aims to solidify its position in the American market by operating as a regulated bank.
The Next Web (TNW) · 75d ago
Goldman Sachs has hired Evan Kotsovinos, formerly a privacy and security lead at Google, to serve as the Head of Asset and Wealth Management Engineering. This move signals a push to strengthen the bank's technical infrastructure and data security.
36氪 · 75d ago
London-based core-banking provider Thought Machine has surpassed $100 million in annual revenue and secured £30 million in new funding. The company has decided to delay its planned London IPO until 2028.
The Next Web (TNW) · 75d ago
South Korea has officially transitioned to a 24-hour foreign exchange trading mechanism for the Korean Won (KRW). This move is intended to globalize the currency and increase the attractiveness of the Korean capital market.
36氪 · 75d ago
The article analyzes the cyclical development of private banks in China, noting that while some face risks and restructuring, others have successfully pioneered digital financial services. It emphasizes that market-based risk management and deposit insurance are essential for sustaining innovation in the banking sector.
虎嗅 · 76d ago
Starling Bank is laying off 3% of its workforce to streamline operations and accelerate the integration of AI into its banking technology. The restructuring aims to reduce duplication and improve product delivery speed.
The Next Web (TNW) · 77d ago
Germany's conservative cooperative and savings banks are rolling out cryptocurrency trading services to millions of customers. This move marks a significant shift in digital asset adoption for a traditionally risk-averse financial sector.
The Next Web (TNW) · 77d ago
Millions of German banking customers will soon be able to trade cryptocurrencies directly through their local banks. This move bypasses the need for third-party specialized crypto platforms, integrating digital assets into traditional banking infrastructure.
Bloomberg Technology · 77d ago
Tongcheng Finance has made a significant investment in Dida Chuxing. The move suggests a long-term strategy to integrate travel data with financial services.
钛媒体 · 78d ago
Chinese quantitative funds are experiencing a massive influx of capital as AI-driven strategies consistently outperform human traders. This trend highlights a significant shift in institutional investment preferences toward algorithmic decision-making.
Bloomberg Technology · 79d ago
The fintech lending sector is moving away from broad, automated lending to strangers. Instead, companies are prioritizing credit models that leverage verifiable income and real-time cash flow data.
TechCabal · 82d ago
Japanese platforms are launching prediction markets that utilize loyalty points instead of real money to bypass gambling regulations. This approach aims to create a local alternative to global platforms like Polymarket.
Bloomberg Technology · 82d ago
A coalition of 4,000 community banks is lobbying against proposed stablecoin regulations, fearing the legislation will restrict credit access for rural businesses and farmers. The banks argue that current crypto-friendly policies prioritize digital assets over traditional community lending.
The Guardian Technology · 83d ago
Tencent is testing a new app called TenPayGo designed to simplify daily life and payments for foreign visitors in China. This move comes as the country sees an increase in international tourism.
Bloomberg Technology · 83d ago
Polymarket's US platform has reached $1 billion in annualized revenue just six weeks after opening its waitlist. The growth is driven by high user engagement, bolstered by events like the FIFA World Cup.
cnBeta (Full RSS) · 84d ago
Stabyl has emerged from stealth with $2.7 million in pre-seed funding led by Konga. The platform aims to simplify access to foreign exchange liquidity across African markets.
TechCabal · 85d ago
Elon Musk is rolling out the X Money digital payment service to a select group of premium subscribers. This move marks a significant step in his strategy to transform X into a comprehensive 'everything app'.
Bloomberg Technology · 86d ago
Google has officially released a dedicated Finance app for Android after a 20-year wait. The application is heavily integrated with AI features to enhance financial data analysis and user experience.
Ars Technica AI · 86d ago
Fintech startup Daya has secured $2.4 million in funding to streamline stablecoin-based payment solutions. The company aims to facilitate cross-border transactions, targeting emerging markets.
TechCabal · 86d ago
Data from May shows a rare net decrease in household savings as funds flow into wealth management, funds, and insurance products. This shift indicates that while capital is abundant, it is circulating within the financial system rather than entering the real economy.
虎嗅 · 87d ago
HSBC research reveals that while affluent investors leverage AI for idea generation and market research, they still prefer human wealth managers for final transaction decisions. This highlights a 'trust gap' in automated financial advisory services.
The Next Web (TNW) · 87d ago