JPMorgan Chase has joined a $10 million investment round in FairPlay, a “Fairness-as-a-Service” company using AI fairness techniques to reduce algorithmic bias in lending.

Scotcoin, a Scottish cryptocurrency that has been around for nearly a decade, is coming to the international market after striking a deal to list on the ProBit Global exchange.

OakNorth, the UK digital bank for SMEs, has signed a deal with OpenAI to embed generative AI technologies across its business.

New York’s attorney general has sued the operator of bank-backed P2P payments service Zelle for failing to protect users from “massive amounts of fraud”.

Changpeng Zhao, the Binance founder recently pardoned by Donald Trump, has been accused in a court complaint filed by relatives of victims of the October 7 attack on Israel of facilitating payments to Hamas.

Investing.com, a provider of financial news, tools and data to retail investors, has added an AI chart analysis feature.

Hokkoku Financial Holdings is working with Soft Space to develop a SoftPOS product that enables merchants to accept both contactless card payments and regulated stablecoin payments using only a smartphone or tablet.

Fronted, a UK home lending startup founded by former Apple, Monzo and Bud executives, is shutting down in the face of rising capital costs.

National Australia Bank has teamed with Microsoft to deliver a free cyber assessment tool to help Aussie small businesses prepare for and bounce back from a cyber attack.

With up to half of their net income at risk due to poor digital capabilities, wealth management firms will need to explore partnerships with fintech upstarts to ensure their long-term success, according to a report from Capgemini.

It is inevitable that the entire financial market will be tokenised, according to Vlad Tenev, co-founder and CEO of online trading platform Robinhood

Mastercard has joined forces with financial crime prevention specialist Feedzai to help banks tackle the next generation of AI-powered scams.

Thousands of developers, software engineers and students gathered at Microsoft Build 2019 to learn about the latest advances across technologies critical to the future of banking, such as artificial intelligence, blockchain, the Internet of Things and Mixed Reality for cloud or edge computing.

The world’s third largest asset manager, State Street Global Advisors (SSGA), has taken a strategic minority stake in UK fintech startup and online pension manager PensionBee.

In a global survey of 180 institutional plans with investment portfolios ranging from $1 billion to over $500 billion, Northern Trust gathered responses from senior leaders at pension funds, outsourced chief financial officers and multi-managers, family offices, sovereign wealth funds, endowments, and other institutions across the Americas, Emea and Apac.