OCC rolls out AWS GenAI tech
The Options Clearing Corporation (OCC) has rolled out Amazon Web Services generative AI technology to streamline development workflows.
The Options Clearing Corporation (OCC) has rolled out Amazon Web Services generative AI technology to streamline development workflows.
Two expert panels at EBAday 2025 explored what makes an effective implementation plan, the persistent global and regional challenges, and the growing benefits of instant payments.
PayPal and Venmo users in some countries are being offered early access to Perplexity’s new AI-powered web browser.
At Money 20/20 Europe, Mehret Habteab, senior VP of product and solutions at Visa Europe, announced the company generated $40 billion in incremental e-commerce revenue globally, after issuing over 10 billion tokens since their launch in 2014.
United Fintech, an umbrella outfit dedicated to scooping up a stable of capital markets, wealth management and wholesale banking vendors, is preparing for a new wave of M&A activity with the appointment of Deutsche Bank’s Rupsa Mukherjee as head of mergers and acquisitions.
Sustainable investment app Clim8 is closing down after failing to secure funding to keep the business going.
The financial services sector faces a potential shortage of skilled technologists and data analysts over the next five years, according to as recently published report.
Ripple has joined forces with Securitize on a smart contract that allows holders of BlackRock and VanEck tokenised funds to exchange their shares to Ripple for the firm’s stablecoin.
Total global investment in fintech fell from $62.3 billion across 2,287 deals in H2’23 to $51.9 billion across 2,255 deals in H1’24.
The finance sector’s decision to ape Big Tech and adopt platform business models enabled and powered by the mass acquisition and manipulation of data is creating new risks for society, warns a report from the Finance Innovation Lab.
UAE-based Optasia, a AI-powered fintech, has listed on the Johannesburg Stock Exchange (JSE) in one of the country’s biggest IPOs in recent years.
Italy’s Sella Group is trialling a a biometric recognition credit card that allows people to make payments by using their fingerprint.
Ripple did not violate federal securities law by selling the XRP token on public exchanges and through algorithms, a US judge has ruled in a major win for the cryptocurrency industry.
Cryptocurrency exchange Kraken is working with Mastercard to allow customers in the UK and Europe to spend their crypto at over 150 million merchants worldwide.
The Competition and Markets Authority (CMA) has announced the completion of the open banking roadmap on the fifth anniversary of PSD2, which mandated open banking as a regulatory requirement in the UK.