Behavox buys Mosaic Smart Data
AI insights company Behavox has acquired Mosaic Smart Data, a vendor that helps financial institutions extract actionable intelligence from their transaction data. Terms of the deal were not disclosed.
NextGen: AI: Finding the right strategies to overcome AI limitations
The first afternoon panel discussed three of the major discussion points when it comes to AI: data, culture, and skills.
JPMorgan leads quantum computing arms race
JPMorgan is far and away the market leader in tackling the threats and opportunies for banks presented by advancements in quantum computing, according to research published by benchmarking platform Evident.
LatAm payment startup Akua lands $4.3 million seed investment
Akua, a Latin American payments startup founded by former executives at Mastercard, dLocal, PayU, Jeeves and Pomelo, has secured a $4.3 million seed investment led by Propel and supported by Plug and Play, HTwenty, RallyCap, Flourish Ventures and ICventures.
Citi’s investment bank to hire 2500 coders
Citi is the latest Wall Street giant looking to hoover up programming talent, embarking on a recruitment drive that will see it hire 2500 coders and data scientists for its investment bank this year.
Mastercard launches AI centre in UAE to bolster Middle East growth
Mastercard has partnered with the UAE government to advance AI capabilities and development in the Middle East. Along with the partnership Mastercard has established a global Centre for Advanced AI and Cyber Technology in Dubai to accelerate generative AI research.
KBRA spots notable non-prime credit deterioration
Burbank goes live with online tap and PIN payments
A Welsh fintech startup has developed a novel way to combat card-not-present fraud – by migrating offline tap and pin payments to the e-commerce realm.
No AI? No exit, says investment bank Artis Partners
Fintechs that fail to embed AI into their operating model will find it increasingly difficult to orchestrate an exit, according to investment bank and tech advisory firm Artis Partners.
Snowmobile wholesale prices increase 19%
Average wholesale prices on powersports products at auction fell in June after values stayed relatively flat from April through early…
Synchrony extends powersports credit card financing
Powersports lender Synchrony is now allowing more products to qualify for financing with its Synchrony Outdoors credit card, after receiving…
Which? puts six UK banks on ‘red’ alert list over fossil fuel investments
Some of the UK’s biggest high-street banks have been put in a ‘red’ warning category based on new analysis of their fossil fuel investments and green policies.
Robinhood to buy crypto firm Bitstamp for $200m
Trading app Robinhood has agreed a $200 million cash deal to buy crypto exchange Bitstamp in an effort to expand outside of the US and accelerate its push into digital assets.
South Korea’s NH NongHyup Bank pilots blockchain-based cross-border payments
South Korea’s NH NongHyup Bank has carried out a blockchain-based cross-border payments pilot via bank-backed vendor Partior’s platform.














