4/7/2026 12:57:37 PM UK considers testing AI models used by banks By Samantha Wulfson The British government is weighing a plan to conduct standardised testing of the general purpose AI models used by all UK lenders after...
4/12/2024 3:11:06 PM Been there, doing that: How corporate and investment banks are tackling gen AI By FinTech Collective Wholesale banks have vast expertise in traditional AI. It’s a sound investment that is paying off again as generative AI takes hold.
1/26/2024 12:59:18 PM ModernFi raises $18.7m in Series A funding By Samantha Wulfson New York based deposit management firm for banks raised $18.7m in Series A funding led by Canapi Ventures.
11/6/2023 4:31:41 PM HSBC launches tokenized gold-focused offering for institutional investors By FinTech Collective London-based financial giant HSBC is trying its hand at gold tokenization. The bank launched tokenized ownership of physical gold held...
10/27/2023 2:12:54 PM Jamie Dimon to sell JPMorgan stock for first time By Kate Wang JPMorgan chief executive Jamie Dimon will sell 1mn shares in the bank next year, the first time he has reduced his stake in the group...
10/13/2023 8:59:53 AM Carefull raises $16.5m in Series A funding By Samantha Wulfson New York based platform to help banks protect older customers from fraud raised $16.5m in Series A funding led by Fin Capital.
8/9/2023 1:17:31 PM Federal Reserve launches program to oversee banks' crypto and stablecoin activities By FinTech Collective The Federal Reserve has launched a new program to oversee banks’ cryptocurrency activities, focusing on partnerships. State-owned banks...
7/7/2023 2:08:01 PM 7 top investment firms using AI for asset management By FinTech Collective From automated analysis of recent earnings-report data to analyzing relationships between stocks and market indicators – and a whole lot...
1/13/2023 3:56:03 PM More than two-thirds of financial institutions lost over $500K to fraud in 2022 By Samantha Wulfson Alloy released a report finding that 27% of respondents lost over $1M to fraud in the last 12 months. Fintech companies and regional...
7/16/2021 12:48:05 PM Banks launch carbon marketplace By Carlos Alonso Torras NatWest, CIBC, ITAU and NAB have joined forces to create a blockchain-based marketplace where firms can buy and sell carbon offsets.
6/3/2021 11:30:34 PM Synctera raises $33m Series A to pair fintechs with banks By Faisal Kawar San Francisco based fintech-as-a-service platform for community banks raised $33m in Series A funding led by Fin VC.
5/21/2021 11:57:59 AM China reiterates crypto bans from 2013 and 2017 By Carlos Alonso Torras The three entities published a note Tuesday confirming bans originally implemented in 2013 and 2017 that bar financial and payment...
3/19/2021 7:13:30 PM Bank-fintech interoperability hits the agenda for Peru By Carlos Alonso Torras Peru’s Electronic Clearing House (CCE) has its sights set on interoperability between banks, savings banks and fintechs – but multiple...
9/18/2020 3:14:24 PM Digital onboarding prime time is 2 minutes, says Rappi By Carlos Alonso Torras Banks have a short window to convert potential clients after they download the institution’s app, say digital onboarding specialists.
9/18/2020 2:49:05 PM Some of the UK's biggest banks sign a government-backed pledge to improve collaboration with fintechs By Carlos Alonso Torras Barclays, HSBC, Lloyds, NatWest and Santander have already signed the pledge, the key principles of which require them to provide clear...
9/11/2020 12:22:11 PM UK banks accused of failing on climate strategy By Carlos Alonso Torras Despite much green talk, just two of the UK's 36 main banks can clearly demonstrate effective plans to reduce their carbon impacts in a...