Swiss digital asset infrastructure startup Metaco has raised $17 million in a series A funding round led by Giesecke+Devrient and joined by Standard Chartered Bank and Zürcher Kantonalbank.

During the global launch of its new language model, OpenAI has identified BBVA as one of the first institutions to adopt the technology in the financial sector, cutting weeks off the time to conduct technical tasks.

Argentinian payments processor tapi has acquired the utility payments and cash handling operations of Mastercard’s Mexican business Arcus.

Klarna saw revenue rise 27% in the first half of 2024, buoyed by its aggressive use of AI, which CEO Sebastian Siemiatkowski says could help the BNPL giant halve its workforce.

Eight climate-focused startups have been selected to participate in what is claimed to be the world’s first climate-focused fintech incubator in the Nordics and Baltics.

Has the wealth management industry hit peak robo? That’s the question being asked by Global Data following the restructuring of Hedgeable, the first actively managed robo-advisor, just short of it’s tenth anniversary.

Japanese card issuer JCB is moving to Phase 2 of a pilot to trial offline P2P payments for a central bank digital currency (CBDC).

Wall Street broker Charles Schwab has splashed out $660m to acquire investment platform Forge Global in a sign of the growing interest in private investment markets.

The Bank for International Settlements has set out the plans for its Innovation Hub network in 2023, including work on the systemic monitoring of stablecoins.

Fintech trade body Innovate Finance is calling on the UK Government to set up a National Anti Fraud Centre for cross-sector data sharing and introduce shared liability for social media and telecommunications firms

Sardine, an AI risk platform for fraud, compliance, and credit underwriting, has raised $70 million in a Series C funding round led by Activant Capital.

Sam Altman, the former CEO of OpenAI, the developer of generative AI platform ChatGPT, has resurfaced at Microsoft just days after he was pushed out by the board of directors.

Cross-border payments network RTGS.global has added 23 currencies to its platform, enabling instantaneous settlement between participating financial institutions vis a single API connection.

Swiss startup Alpian has raised CHF12.2 million in a Series A funding round for the creation of a digital-first private bank aimed at the country’s mass affluent market.

Cloud-based digital banking technology vendor Alkami has raised $140 million in a funding round led by D1 Capital Partners.