Australia’s CommBank is turning the table on scammers, launching a fleet of thousands of AI-generated bot profiles to engage with and disrupt criminal networks fleecing consumers.
Latin American accounts receivable SaaS platform Toku has raised $48 million in a Series A funding round led by Oak HC/FT.
Fintechs wanting access to banks’ customers’ data may have to pay for the privilege, according to a report from Bloomberg on US bank JP Morgan.
Sumitomo Mitsui Financial Group has joined forces with Fujitsu and the Japan Research Institute (JRI) to trial the use of AI to scan for bugs in coding and automatically recommend software repairs.
Mastercard has struck a deal to buy threat intelligence specialist Recorded Future from private equity form Insight Partners for $2.65 billion
Carbon accounting platform Greenly has launched a climate rating system to monitor decarbonisation in companies.
Experian is launching a fintech-focused version of its fraud prevention data network, Hunter, in the US, with a host of top firms committing to join up.
The trade body for the UK’s fund management industry, the Investment Association (IA), has extended its fintech accelerator initiative with the launch of a second cohort.
DBS, Franklin Templeton and Ripple have signed a Memorandum of Understanding to establish repo markets powered by tokenized collateral and stablecoins.
Fintech Farm, a London-based startup that helps banks in emerging markets to launch all-digital neobanks, has raised $32 million in funding.
The vast majority of financial services firms are accelerating their investment in cloud technology, suggests a recently released survey.
UK mortgage lending startup Perenna has raised $52 million within weeks of securing an unrestricted banking licence.
Visa has carried out its first commercial variable recurring payment (cVRP) through its account-to-account (A2A) payments offering in the UK.
Australian consumer lender Latitude Financial has received a ransom demand from the criminals behind a cyber attack last month that lifted 14 million customer records, including drivers licences, passports and financial statements
German fintech lemon.markets is entering the Brokerage-as-a-Service segment with its first banking partner, sustainable banking provider Tomorrow, moving across from Solaris.