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NextGen: AI: Challenging the role of AI in financial services

September 10th 2024

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UK lays the groundwork for open finance era with completion of open banking Roadmap

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Lloyds sets up anti-scam working group to tackle fake websites

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Mirrorweb raises $63 million as regulators clamp down on off-channel record keeping

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Klarna Bank criticised by FSA over money laundering risks

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The Bank of London scrambles to deal with unpaid tax bill

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Brazil preps new round of CBDC pilots

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FDIC hints at new bank reconcilement rules following Synapse failure

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Governments sign up to Council of Europe AI Framework Convention

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Sustainable Finance Live 2024: Bank of Spain releases report on satellite data

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Santander Spain appoints new CEO Ignacio Juliá

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Binance Kazakhstan gains consent for full regulatory license

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Gen AI for compliance startup Sedric Ai raises $18 million

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PayPal revamps app to offer choice rewards programme

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Wirecard executives landed with €140 million damages bill in civil suit

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Siemens issues €300 million digital bond on blockchain

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Quilter acquires digital investing app NuWealth

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Ant Group launches AI-powered ‘life assistant’ app

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Nationwide prepares for surging digital volumes with Red Hat OpenShift deployment

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Citi reports growing convergence of traditional and digital assets

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BIS field study show AI use can boost productivity among programmers

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Visa to launch new model for A2A payments in the UK

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Mastercard and Visa to face multi-billion pound lawsuit over interchange fees on UK businesses

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Revolut doubles down on B2B market opportunity

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PSR to cut APP reimbursement limit to £85,000

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Mastercard and Visa to face multi-billion pound lawsuits over interchange fees on UK businesses

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PSR set to cut APP reimbursement limit to £85,000

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Morgan Stanley invests in 3forge

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UAE payments fintech Ziina scores $22 million Series A

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Lloyds to use AI to automate trade finance checks

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Danish family finance app MyMonii shuts up shop

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