Morgan Stanley has made a strategic investment in 3Forge, a provider of code platforms for building mission-critical applications in financial services.

Google Cloud has used its annual Las Vegas event to unveil details of deals with big name financial services firms Citadel, Discover and Scotiabank.

Finastra and management consulting firm SIA Partners are inviting students to develop sustainable finance projects for the chance to win cash prizes.

Chinese search engine Baidu is looking to raise up to $2 billion to take on fellow tech behemoths Alibaba and Tencent in the financial services sector, according to Reuters.

Citi GPS, Citi’s thought leadership product, last week released a report exploring the transformative potential of agentic artificial intelligence (AI), a cutting-edge advancement enabling AI systems to make decisions and execute tasks autonomously.

Lloyds Banking Group is collaborating with Red Hat on a programme to drive the adoption of open source software across its engineering teams.

UK robo-adviser Nutmeg has announced its chief executive Martin Stead is to step down early in the new year.

JP Morgan has unveiled its Payments Partner Network, a B2B digital marketplace, powered by Salesforce, that allows the bank’s merchants and corporate treasury clients to tap into an ecosystem of third party integrations for their end-to-end payments and working capital needs.

The asset management arm of Belgian bank KBC has created a weathtech spin-off to sell its digital investing technology to other financial institutions.

Chinese cross-border payments platform LianLian Global is to introduce stablecoin payments for its merchant base in collaboration with BVNK.

Travel debit card Currensea has raised over £1.7m from 760 investors in just four hours on crowdfunding platform Seedrs.

Money transfer giant Wise was ordered by European regulators to put in place a formal remediation plan over issues with its anti-money laundering controls, according to the Financial Times.

A group of well-known fintech pioneers behind the likes of Monzo, Starling and Nutmeg are launching a bank for high net worth individuals.

The UK government has published draft legislation that will bring crypto firms into the regulatory perimeter.