Allpay Says AI Boosts Productivity, Software Releases
Highlights Allpay increased developer productivity by 10% and production software releases by 25% after embracing AI and the…
Bank of London Investigated by UK Prudential Regulation Authority
FinTech company Bank of London is reportedly being investigated by the Bank of England’s Prudential Regulation Authority (PRA) for unspecified “historic” events and for inaccurate…
Why Central Banks Are Piloting Policy Tools for Blockchain
Highlights The Federal Reserve Bank of New York’s Project Pine demonstrated that central banks can effectively implement monetary…
Goldman Sachs Eyes Expanding Retail Bank Into Ireland, Germany
Goldman Sachs Group is reportedly considering expanding its retail bank, Marcus, to Ireland and Germany. The company has…
EU Member States Face Funding Shortages to Enforce AI Act
Highlights EU policy adviser Kai Zenner warned that many EU member states are financially strained and lack the…
Stash Nets $146 Million to Add AI to Financial Guidance Platform
Stash has secured $146 million in a Series H funding round to deepen its investment in artificial intelligence…
Geopolitical Uncertainty Drives Global Demand for Stablecoins
Highlights Digital assets, especially stablecoin payments, are becoming essential tools for global trade and finance as businesses seek…
Tariffs on US Cars Could Come if Trade War Doesn’t End
The European Union (EU) is threatening to tariff American car exports if trade negotiations fail. As the Financial…
Bank Loan or Embedded Financing? It Depends on the Business
Highlights A firm’s operational certainty significantly impacts why it seeks financing; stable firms borrow strategically for growth, while…
OpenAI, Microsoft Reportedly Rework Pact Ahead of Possible IPO
OpenAI is reportedly in the middle of reworking its multibillion-dollar agreement with Microsoft. The negotiated deal would allow…
EU Prepares Two Rounds of Tariffs in Response to US Moves
The European Union reportedly hopes to reach a deal with the U.S. to remove and prevent the country’s…
Senators Seek Answers About Any Binance, Trump Family Ties
Four Democratic Senators reportedly said Friday (May 9) that they want answers from government officials about any ties…