The new technology enables the US giant to streamline pricing, improving the experience for both customers and associates.

Researchers from the Bank for International Settlements have used AI to produce daily forecasts of market dysfunction 60 business days before thy actually happen.

Kicking off Sustainable Finance Live 2024 at Events@No6 in London, Richard Peers, founder of ResponsibleRisk and contributing editor at Finextra opened with an introduction outlining the themes and objectives of this year’s event, to understand natural capital risk, pricing, and trade.

New York Attorney General Letitia James has filed an amended lawsuit against crypto firm Gemini and Digital Currency Group, alleging that nearly quarter of a million investors were defrauded out of more than $3 billion, rather than the $1 billion claimed in the initial suit.

Data management provider to the asset management sector Rimes is being sold by investment firm EQT to Five Arrows. Terms of the deal were not disclosed.

Cristiano Ronaldo has been hit with a $1 billion-plus class action lawsuit over his promotion of an NFT collection with controversial crypto exchange Binance.

Berlin-based brokerage-as-a-service platform lemon.markets has raised €12 million in a funding round led by CommerzVentures.

The former CEO of cryptocurrency lending platform Celsius Network, Alex Mashinsky, has been arrested on federal fraud charges.

The Bank of New York Mellon is to employ blockchain technology developed by Goldman Sachs to maintain a record of customers’ ownership of select Money Market Funds (MMFs), opening up the transferability of existing MMF shares.

Israeli multi-asset investment platform eToro has confirmed a filing for an IPO on Wall Street.

Swedish buy now pay later (BNPL) platform Klarna prepares for its New York listing, despite reporting a net loss in Q2.

Barclays has completed the £600 million acquisition of Tesco Bank’s retail banking business.

JPMorgan Chase and technology company Infleqtion have released a new open source quantum software library designed to improve the efficiency of potential applications and use cases.

ETFbook, a data and analytics platform specialising in the ETF market, has closed a €4 million Series A funding round led by BlackFin Capital Partners.

A US federal appeals court has sided with an asset manager in a lawsuit against the Securities and Exchange Commission (SEC) after the regulator denied an application to convert the Grayscale Bitcoin Trust into an exchange-traded fund (ETF).