JPMorgan Payments is supplying treasurers with an AI-generated Account Confidence Score, enabling corporate clients to assess fraud risk before initiating a payment.

Google is giving its financial data, news and analytics service an artificial intelligence makeover.

Refinitiv has moved to strengthen its digital wealth management business through the acquisition of tech house Scivantage. Financial terms were not disclosed.

Colombian payments fintech Bold has raised $50 million in a Series C funding round led by General Atlantic.

Morgan Stanley Smith Barney (MSSB) has been slapped with a $35 million penalty for failing to protect the personal identifying information (PII) of about 15 million customers.

Full-stack payment processor Finix has raised $75 million in Series C funding round led by by Acrew Capital and joined by Citi Ventures.

A startup competition organised by Spanish bank BBVA has attracted entrepreneurs from 56 countries, showcasing 850 technology projects.

Norwegian digital bank Skandiabanken has acquired a 39.9% stake in local AI and machine learning outfit Quantfolio as part of a push into the provision of robo advisory services for customers of its private savings division.

Australia’s NAB has appointed Lloyds Banking Group’s Pete Steel to the newly created role of group executive, digital data and artificial intelligence.

Klarna is to provide Apple Pay users with access to BNPL loans at instore checkouts in the UK and US.

Following a recent commitment by Nato countries to invest 5% of their GDP to defence, global banks are backing a new bank that is being set up to support Nato countries and their allies finance their defence needs.

Emirates NBD’s digital offshoot Liv is working with B2B alternative asset solutions provider Ctrl Alt to explore the tokenisation of real-world assets.

The spotlight has once again been shone on the prominent role played by a small number of cloud computing providers after an outage suffered by Microsoft’s Azure platform

French wealth management and financial advisory platform Ramify has raised €11 million in a Series A funding round joined by Crédit Agricole.

The co-heads of digital assets at Citi have both announced that they are leaving the bank to start a new venture in the crypto space.