Australia’s banks have begun the roll-out of a nationwide Confirmation of Payee programme to help protect customers from being tricked into sending money to criminals.

Join us at our inaugural London event this November to redefine the role of AI in financial services.

Investment firm Lightyear has closed a $23 million Series B funding round as it eyes opportunities to bring artificial intelligence to it platform.

Asian fintech company WeLab has formed a strategic partnership with Google to drive AI-powered banking solutions across across Asia.

Mastercard is rolling out Account Intelligence Reissuance, a GenAI-based fraud prevention service, in the Eastern Europe, Middle East and Africa (Eemea) region.

According to a climate scenario analysis by the Federal Reserve, American banks are set to experience challenges in predicting the impact of climate change on their loan books due data and modelling difficulties.

Australia’s top banks are piloting a fraud and scams intelligence-sharing network using behavioural- and device-based technology from security vendor BioCatch.

Finextra Research and Responsible Risk hosted Sustainable Finance Live this week, the third workshop in a series of events encouraging collaboration in the ESGtech space.

Swedish fintech Mynt has been selected by Nordea, the largest bank in the Nodics, to launch a business credit card and spend management service for small and medium-sized enterprises (SMEs) across Sweden, Norway, Denmark and Finland.

In conversation with Finextra, Hirander Misra, chairman and CEO of GMEX Group, and CEO of its carbon tracking company ZERO13, spoke on the complexities of the carbon market and untapped potential for its growth.

Microsoft is making its financial services-specific cloud offering generally available from next month, with Virgin Money UK on board as an early user.

According to Lloyds, two out of three financial institutions are already investing in AI. Discover why at Finextra’s inaugural NextGen: AI event this November.

Two of the biggest names on Wall Street are seemingly about to enter the stablecoin market based on comments made by their senior executives.

Swiss bank Credit Suisse has announced a “series of structural improvements” which will see it combine several divisions in search of operational efficiencies.

US big banks, JPMorgan Chase, Bank of America, Citigroup, and Wells Fargo have held discussions on potentially launching a stablecoin that will improve transaction speeds whilst managing competition from encroaching crypto firms.