Chinese technology groups Baidu and ByteDance launched their artificial intelligence  chatbots to the public on Thursday after...

The large language model known as Jais is an open-source, bilingual model available for use by the world’s +400m Arabic speakers, built...

Brazil based food purchasing platform for small retailers raised $9.3m in Series A funding led by Valor Capital Group and NFX.

Berlin based open banking startup raised $20m in Series A funding led by Valar Ventures.

The following essay provides context for FTC's perspective on Latin America and a link to Atlantico's must-read 2023 Latin America...

Logistics companies are looking at generative AI for use in customer support, but the technology carries risks in high-value, industrial...

Almost a year into the boom ignited by the November launch of ChatGPT, some startups that epitomized the zeal for so-called generative AI...

Investors committed $225b to Latin America and the Caribbean in 2022, according to ECLAC, the UN’s economic agency for the region. That...

The big promise of new financial groups such as N26, Revolut and Monzo was that they would disrupt staid retail banking empires that took...

The partnership lets consumers send money with Venmo with a physical card, eliminating concerns about lost cash or checks. Customers can...

Rhode Island’s regulators have granted X (Twitter) a currency transmitter license, marking a step forward for the company’s foray into...

The two companies, which both sell e-commerce software and services to brands and merchants, say Amazon’s “Buy with Prime” will soon be...

The fee increases are scheduled to start in October and April, and could result in merchants paying an additional $502m annually,...

 A federal judge ruled Tuesday that the Securities and Exchange Commission must reconsider crypto asset manager Grayscale...

Washington based software as a service risk and compliance management company raised $40m in growth funding led by Riverwood Capital.

Chicago based revenue enablement company raised $80m in growth funding led by BIP Ventures.

NY based platform that lets NFT creators build digital storefronts raised $3.8m in seed funding led by Dragonfly Capital.

Swedish payments firm Trustly has acquired the French recurring payments platform SlimPay as it continues its Europe-wide expansion....

Math and coding are increasingly desired skillsets for staff at banks and investment firms around the world, but it’s particularly so at...

Hong Kong based cross border marketplace for independent brands raised $5m in seed funding led by Lightspeed Venture Partners.

Vietnamese based financial services distribution network raised $6m in Series A funding led by Wavemaker Partners.

The District of Columbia Court of Appeals has paved the way for bitcoin exchange-traded funds. On Tuesday, the court sided with Grayscale...

In addition to that milestone, the company also saw considerable growth in its newer verticals. Octane grew originations in recreational...

Homeowners are increasingly forgoing home insurance, gambling that the likelihood of a disaster isn’t high enough to justify the cost of...

The collaboration lets BMO (Bank of Montreal) commercial bank customers in the U.S. and Canada create and push virtual cards to...

Frank Martell knew he had scored when he bought dozens of Bonds from Silicon Valley Bank and First Republic Bank. Bond wine, that is, a...

The Treasury Department proposed new rules last week with twin goals: making it harder for crypto investors to dodge income taxes when...

Some of the most prominent players in the digital-assets industry cut their teeth at the same place: Fidelity Investments. A storied...

Wealth management firms understand that many rich clients want the comfort of talking to a named individual, so AI has not yet resulted...

The acquisition builds on Yahoo's strategy to transform Yahoo Finance into the premier, one-stop destination for retail investors....

Singapore based digital receipt solution raised $1.7m in Seed funding led by Wavemaker Partners.

California based startup providing banking and remittance services to African immigrants in the U.S., U.K. and Canada raised $33m in...

The access to MoonPay would provide an alternative way for Binance.US’s users to convert dollars to crypto: they will be able use their...

London based accounting platform for multi-entity businesses raised £5m in Seed funding led by Chalfen Ventures and LocalGlobe. 

Brazil based fintech that enables Brazilians to open bank accounts in the U.S. raised $61m in Series B funding led by Tiger Global. 

New York based corporate finance automation startup raised $300m in Series D funding led by Sands Capital and Thrive Capital. 

Prior to her new role, Ms. Dumbrill Early spent a year and a half at Securitize, a cryptocurrency company, as the firm's chief strategy...

With over 22k startups, 1,500 investors and $65bn worth of deals over the past decade, France has surpassed Germany for new startup...

Sifted has pulled together the 10 fastest growing fintechs in Europe based on headcount over the last 12 months — companies had to have...

Computer-generated children’s voices so realistic they fool their own parents. Masks created with photos from social media that can...

Flutterwave, Africa’s largest startup, is pressing ahead with plans for an initial public offering after making headway in resolving...

Tel Aviv based SaaS identity risk management provider raised $41m in Series B funding led by Third Point Ventures.

Copenhagen based green travel management fintech raised $1.5m in new funding led by Global Cleantech Capital and JTB USA.

Boston based business intelligence platform for financial institutions raised $2m in new funding led by BankTech Ventures.

New York based commission free sports betting exchange raised $6.4m in Seed funding led by Lux Capital.

US based startup serving businesses making international payments raised $7.6m in Seed funding led by Accomplice VC, Vinyl Capital, and...

For the first time, the credit overview offers app users a complete picture of all their loans, from installment purchases to overdraft...

According to a recent survey by the Bureau, digital fraud has become a pressing concern in India’s rapidly expanding digital economy....

As the FT noted in a report last week, while India’s Universal Payments Interface (UPI) is now used by around 350m,...

Los Angeles based B2B marketplace for surplus inventory raised $30m in Series B funding led by Cathay Innovation.

Kenya based provider of inventory financing solutions raised $11.2m in Seed funding led by Beyond Capital Ventures and Variant Investments.

DC based reinsurance and secondaries solution raised $5m in new funding led by Blue Bear Capital.

London based savings app raised £2.5m in Preseed funding led by Revolut and Target Global.

New York based company that buys profitable small businesses raised $124m in Series D funding led by QED Investors. 

Goldman said this week that it was “currently evaluating alternatives” for its personal financial management business, which encompasses...

Vestwell announced this week that it will power the Maine Retirement Investment Trust (MERIT), the newest state-facilitated retirement...

The partnership, announced this week, will see Pinwheel provide complementary payroll data services for Plaid’s Income offering, while...

The SEC’s latest crackdown on Wall Street bankers and traders’ use of encrypted apps is sparking interest in whether large-language...

India based digital lending and card management platform raised $1m in pre-seed funding led by Eximius Ventures.

Georgia based B2B cryptocurrency payments firm raised €2m in Seed funding led by Tether. 

San Francisco based real-world asset tokenization platform raised $7.5m in Seed funding from SPEILLLP.

New York based data control and monetization app raised $15m in Series A funding led by Nava Ventures.

San Francisco based privacy and compliance-focused generative AI business raised $15m in Series A funding led by Canapi Ventures.

California based Layer 1 blockchain operator raised $27m in new funding led by Blockchain.com.

California based crypto custody company raised $100 million in Series C funding led by undisclosed investors.

Germany based insurtech for SMEs raised €4m in Seed funding led by xDeck.

Miami based digital wallet reimbursement platform for public funds raised $95m in growth funding led by Guidepost Growth Equity.

Hong Kong based blockchain wallet raised $5m in Seed funding led by Jump Crypto.

Decentralized DeFi lending and stablecoin project raised $10m in new funding led by Binance Labs.

Arizona based climate management and accounting platform raised $50m in Series C funding led by TPG Rise.

The glitch apparently affected ATMs (and led to long lines across the country), the bank's online portal and its digital app. Even...

In an exclusive with Axios, small-business-banking startup Bluevine discusses its potential IPO plans. This is notable as the IPO...

The approval makes Coinbase the first crypto-first platform to offer regulated and leveraged crypto futures alongside alongside...

The event featured the leaders of the nation’s top consumer watchdog agencies, timed to corresponded with the CFPB’s announcement of...

Antler announces the expansion of its presence to MENAP with Dr Jonathan Doerr and Romain Assunção as Partners. The firm aims to...

The announcement of the integration with Coinbase's Base blockchain comes just one week after the mainnet launch. Geared towards reducing...

According to UBS' 14th annual global wealth report just released, the amount of wealth in the world is set to rise substantially even as...

As part of a long-running DOJ investigation, enforcement officials have begun probing the payment giant’s policies for charging retailers...

As inflation and high credit card fees continue to affect a restaurant’s bottom line, more owners are tacking on a new charge for using a...

The Montevideo, Uruguay-based company, which is working with a financial adviser, has been talking with potential buyers. The news comes...

In the motion requesting Bankman-Fried’s detention, the government said that, over the last several months, the defendant had sent over...

As part of the agreement, MTN’s business will use Mastercard’s technology infrastructure to expand its payments and remittance services...

Binance has received two licenses in El Salvador, becoming the “first fully licensed” crypto exchange in the country. Binance is now...

Uniswap, the largest decentralized exchange on Ethereum by trading volume, has been integrated into Coinbase's Base network, enabling...

Kentucky could be positioning itself as a welcoming destination for bitcoin miners in search of more affordable energy options.

To that...

Base, the highly anticipated Layer 2 network from Coinbase, has opened its doors to all users.

More than 100 dApps, protocols, and brands...

Aptos Labs today announced it is partnering with Microsoft to accelerate global web3 adoption using Microsoft Azure OpenAI Service. 

Following the increase in interest rates, existing fintech companies such as Revolut and Monzo have already increased their savings...

Although there are some positive outcomes, the media continues to report on various fintech businesses attempting to bring employees back...

New credit card applications are up about 25%, but the rejection rates are also high at around 22%, the highest since 2018. As the credit...

Is it a crypto company? A biometric authentication platform? A “human economic system”? Inside Worldcoin’s struggle to find itself.

Arizona based climate management and accounting platform raised $50m in Series C1 funding led by TPG Rise.

Palo Alto based identity management platform raised $15m in Series C funding led by Capital One Ventures and ServiceNow. 

With almost 1bn people connected to the internet, India has pioneered one of the world’s largest digitization drives, capturing citizens’...

The global insurance industry has racked up $50bn in losses from natural catastrophes in the worst start to a year since 2011. A series...

The fight between the New York Stock Exchange and Nasdaq to win new stock listings is raging again, in another sign the market for...

Blending virtual reality with artificial intelligence could turn into a privacy nightmare. In a UC Berkeley study, researchers could pick...

San Francisco based AI compliance platform for financial institutions raised $5m in Seed funding led by Kindred Ventures.

San Francisco based consumer-permissioned data connectivity startup raised $15m in Series A funding led by Blue Lion Global.

Amsterdam based vehicle financing startup for gig workers raised $76m in growth funding led by Mubadala.

Singapore based wealth management startup raised $35m in new funding led by Citi Ventures.

India based debt collection startup raised $50m in Series B funding led by Westbridge Capital.

Los Angeles based web3 transaction security startup raised $8.2m in Seed funding led by Blockchange Ventures.

Investors holding MakerDAO’s DAI stablecoin can now access yields of as high as 8% using its recently-launched sister project, Spark...

Kenyan police raided a warehouse operated by Worldcoin in the country’s capital on Aug. 5, according to local media.

Nairobi-based media...

Hong Kong based capital raising platform for small businesses raised $458m in Series C funding led by Baillie Gifford.

Exchanges make money each time a stock they host changes hands, but trading volumes are unpredictable. Listing fees, by contrast, are...

The Fed said this week it had set up a program to strengthen oversight of activities involving digital assets and blockchain technology...

Although the labor market is strong, the economy is growing, and consumer spending is increasing, persistently high inflation coupled...

MoneyLion delivered revenue of $107m and Adjusted EBITDA of $9m in the second quarter. Revenue, gross profit margin, and Adjusted EBITDA...

When millions of Americans rethought their living situations during the pandemic, their moves changed the geography of where money is...

The discrepancy illustrates an unusual situation in the economy. During the period of historically low rates during the pandemic,...

Wells Fargo and BNP Paribas are among firms that will pay hundreds of millions of dollars in penalties for employees using unofficial...

The firm lowered the ratings of 10 banks by one rung, while major lenders Bank of New York Mellon, U.S. Bancorp, State Street

The Federal Reserve has launched a new program to oversee banks’ cryptocurrency activities, focusing on partnerships. 

State-owned...

Payments giant PayPal (PYPL.O) said on Monday it has launched a U.S. dollar stablecoin, becoming the first major financial...

Israel based chargeback recovery startup raised $11m in Seed funding led by OpenView Venture Partners.

Binance received two licenses to operate in El Salvador as it seeks to build its legitimacy worldwide, the crypto exchange said Tuesday,...

ICE had initially agreed in May 2022 to pay $13.1b, or $85 per share, for home mortgage software provider Black Knight.  At the...

More people than ever are migrating worldwide, with millions of people sending home record amounts of cash that fund small businesses in...

The US government will have to write off billions of dollars of student loans from borrowers who died during the pandemic, adding another...

Tel Aviv based cross-border trade finance startup raised $6m in Seed funding led by Eminence Ventures.

New York based tax compliance platform for tax authorities raised $12.5m in Series A funding led by Insight Partners.

PayPal USD is designed to contribute to the opportunity stablecoins offer for payments and is 100% backed by U.S. dollar deposits,...

While many countries including the U.S. haven’t decided if they want to introduce a central bank digital currency, some are acting faster.

The bond market is now facing one of its biggest tests in generations. Even if the market adapts, as it has in the past, its ballooning...

The important development is that everything on FedNow, even the smallest transactions, can be tracked in realtime on a gross basis. That...

Miami based provider of insurance infrastructure raises $35.5m in Series B funding led by NextView Ventures.

While JPMorgan Chase CEO Jamie Dimon said that the downgrade “doesn’t really matter that much,” and that US credit is sound and should be...

The downgrade, the first by a major ratings firm in more than a decade, is evidence that increasingly frequent political skirmishes over...

Tomlinson previously helped take data analytics company Confluent public as its CFO in 2021, which is notable as Stripe has been...

Rather than facilitating a shift in banking, BaaS companies find themselves as M&A targets of established banks and service providers.

The European Commission has been making rules for the past decade that have pressed banks in the region to adopt modern core systems....

With its acquisition of Nova (only the company’s second buy since inception), which has built investor management software for...

More than 5 million new business applications were filed in 2022, a 42% increase from pre-pandemic levels. 

New York based provider of card-on-file management tools raised $10m in Series A funding led by Nava Ventures.

New York based consumer credit card startup raised $20m in new funding led by existing investors. 

British Columbia based provider of payments software raised $1.5m in new funding led by the Pacific Economic Development Agency of Canada.

Saudi Arabia based personal expense management company raised $1.6m in Seed funding led by Wa'ed Ventures.

New York based provider of central banking infrastructure in Africa raised $4m in Seed funding led by Matrix Partners India.

London based traditional finance and crypto payments platform raised £5m in new funding led by Golden Record Ventures.

San Francisco based provider of data and reporting automation software for insurance companies raised $8m in Seed funding led by NEA.

London based provider of financial services to underserved communities raised $10m in new funding led by Puma Private Equity. 

The country’s Ministry of the Interior has issued a decree suspending Worldcoin enrollment in the country, citing concerns with the...