As it transitions to Google Cloud, NatWest Markets is aiming to build artificial intelligence and machine learning capabilities that can detect financial risks for customers before they arise.
Gunjan Kalra will take on her new role in September 2023, and will report to the global head of Citi Commercial Bank (CCB) Tasnim Ghiawadwala and APAC CEO Peter Babej.
Revolut boss Nik Storonsky coud be in for an Elon Musk-style payday if the British fintech firm triples its valuation to $150 billion.
Singapore’s DBS is collaborating with Ant International on a blockchain-based tokenization project for 24/7 intra-group treasury and liquidity management.
The bank plans to contribute €67 million to the €100 million venture debt fund that will be created with Inveready Asset Management.
The UK’s Competition and Markets Authority (CMA) has cleared Global Payments’ $22.7 billion deal to acquire Worldpay.
Swedish open banking outfit Tink has purchased the aggregation platform of UK firm OpenWrks in a bid to further expand its European presence.
Fidelity National Financial has been hit by a “cybersecurity incident” that forced it to block access to systems, leading to business disruptions.
Bitcoin’s price dipped on Thursday as markets were left underwhelmed by an executive order from President Donald Trump creating a strategic reserve made up of the cryptocurrency already owned by the government.
Donald Trump has vowed to prevent the creation of a central bank digital currency if he wins the US presidential election, calling a digital dollar a “dangerous threat to freedom”.
During the past two days, 16 early stage, early growth fintech startups from across Europe and beyond pitched their proof of concepts or working products on the exhibition floor of EBAday 2023 in Madrid, Spain.
Mastercard has begun piloting its Crypto Credential network, enabling cross-border peer-to-peer digital asset transactions between Latin America and Europe.
Robinhood says the Securities and Exchange Commission is ditching its investigation into the trading app’s crypto arm.
Payment firms have reacted with disappointment to the news that a plan promoted by the G20 to make cross-border payments more efficient is set to miss its first deadline.
FCA chief Nikhil Rathi has urged banks to up their spending to combat the rise in AI and the threat of ‘deep fake’ fraud.