According to Lloyds, two out of three financial institutions are already investing in AI. Discover why at Finextra’s inaugural NextGen: AI event this November.

Two of the biggest names on Wall Street are seemingly about to enter the stablecoin market based on comments made by their senior executives.

Swiss bank Credit Suisse has announced a “series of structural improvements” which will see it combine several divisions in search of operational efficiencies.

US big banks, JPMorgan Chase, Bank of America, Citigroup, and Wells Fargo have held discussions on potentially launching a stablecoin that will improve transaction speeds whilst managing competition from encroaching crypto firms.

Goldman Sachs has invested $20 million in DevOps unicorn GitLab as part of a $100 million series D financing round which values the company at $1.1 billion.

Clarity AI has acquired fellow sustainability fintech ecolytiq. Financial terms of the deal were not disclosed.

The London Stock Exchange should seek to get in on the boom in special purpose acquisition vehicles, cryptocurrencies and green finance, says the LSE’s former CEO Xavier Rolet.

Nationwide Building Society says 2700 customers have signed up to a six-months’ free energy switching service on its Web site, with a third opting for green tariffs.

Worldpay is set to offer Mastercard’s Ethoca Alerts to its one million merchants worldwide, helping them resolve transaction disputes faster and with fewer chargebacks.

The UK and US governments have set up a transatlantic taskforce to explore collaboration on digital assets.

Societal impact app Novus has begun onboarding customers in the UK after closing a $3 million crowdfund.

Finom, the Amsterdam-based financial management platform for SMEs and freelancers, has closed a €115 million Series C funding round led by AVP, with participation from new investor Headline Growth and existing investors General Catalyst, Northzone, and Cogito Capital.