BoE to prioritise AI, DLT and quantum computing in tech strategy
The Bank of England (BoE) intends to prioritise AI, DLT, and quantum computing as the three “cross-cutting technologies”…
Resistant AI, out of Czechia, tackles fincrime and fraud prevention with new €21 million
Prague’s Resistant AI, a provider of native AI models for financial crime and fraud prevention, today announced a…
EU central banks explore synchronised settlement in FX
The Bank for International Settlements and its central bank partners have successfully demonstrated how wholesale payment infrastructures, such…
Walmart to Roll Out Crypto Trading via OnePay App: Report
Walmart’s OnePay app will soon let users trade and store bitcoin and ether, marking the retail giant’s biggest…
Stablecoins Reshape X-Border Payments; Banks, Networks Step In
Stablecoins were once the province of private issuers, characterized by opaque backing, fragmented liquidity and minimal oversight. At…
Samsung brings Coinbase crypto services to 75m Galaxy phone owners
Samsung is offering the 75 million Galaxy phone owners in the US three months of free access to…
ECB turns to AI startup for fraud detection for digital euro
The European Central Bank (ECB) has selected Portugal-based startup Feedzai to provide fraud detection and prevention for its…
Europe must build better public markets for fintechs and not chase the bubble
Europe is home to more than 9,000 fintechs. It has produced global champions such as Wise, Klarna, and…
FICO Debuts Tools to Prevent Gen AI Hallucinations
FICO introduced a tool designed to help companies combat artificial intelligence hallucinations. The FICO Foundation Model for Financial…
US and UK set up crypto and capital markets taskforce
The UK and US governments have set up a transatlantic taskforce to explore collaboration on digital assets. Editorial…
Pakistani-founded Metric secures funding from Qatari VC fund, bringing seed round to $1.3m – Startup Recorder
UAE-based fintech Metric, founded by three Pakistanis, has secured investment from Qatar’s A-typical Ventures, bringing its seed round…
Wall Street Bets on FinTechs Reinventing Lending, Credit
Investors are signaling that the hottest FinTech initial public offerings (IPOs) are not vehicles for frenzied, momentum-based trading…