NatWest is working with Google Cloud to support entrepreneurs on the UK lender’s business Accelerator with access to AI tools, cloud technology, and expert training.

Model ML, an AI-based workflow automation startup for deal teams at financial services companies, has raised $75 million in Series A financing just one year after launch.

European fintech investment increased 10% in 2024 in a sign of increasing confidence for one of the continent’s leading tech sectors.

In preparation for this year’s Sustainable Finance Live event, taking place at Events@No6 London on 10 October 2023, Finextra quizzed upcoming speakers on engaging topics that will be discussed at the conference.

Barclays Bank has overturned an appeals court ruling that rendered it potentially liable for a £700,000 authorised push payment scam against one of its customers.

Payment firm Stripe is reportedy in advance talks to acquire stablecoin platform Bridge, according to sources cited by Bloomberg.

Commerzbank is rebranding its innovation unit and early-stage investor as part of a sharper focus on sustainability and green tech firms.

Synapse, a San Francisco-based startup aiming to become the ‘AWS of banking’, has raised $33 million in a Series B funding round led by Andreesson Horowitz fund a16z.

Norbr, an Amsterdam-based Payment Infrastructure as a Service (IaaS) provider, has raised €3 million in funding, led by Alstin Capital as the lead investor, with participation from existing backer, Portfolion.

Nationwide Building Society has enlisted Microsoft and Accenture for an AI-powered overhaul of its cybersecurity operations.

AI-based financial crime detection startup ComplyAdvantage has acquired Golden Recursion in a deal that brings Andreessen Horowitz in as a shareholder.

Infosys has signed a multi-year, multi-million euro contract with ABN Amro Bank to accelerate its cloud and DevOps transformation journey. The Dutch bank has also signed a separate cloud migration and DevOps deal with fellow Indian vendor Tata Consultancy Services.

Thoughtworks, a global technology consultancy, has entered into a Strategic Collaboration Agreement (SCA) with Amazon Web Services (AWS) to help enterprises implement generative AI (GenAI) solutions and tackle industry challenges in Asia Pacific.

The UK Government is considering scrapping the Payments Systems Regulator and folding it into the Financial Conduct Authority.

With a blockchain-based settlement system already in the pipeline, the Australian Securities Exchange (ASX) is now looking to expand its use of distributed ledger technology though a partnership with cloud computing giant VMware.