Revolut Deploys AI to Transform Recruitment and Employee Management
Revolut has integrated advanced artificial intelligence into its human resources operations, introducing an AI-powered interview system that evaluates job candidates while simultaneously assessing interviewer performance. The digital ... Read More
Juspay Secures $60 Million in Series D Funding to Drive Global Expansion and AI Integration
Indian payment orchestration leader Juspay has raised $60 million in a Series D funding round led by Kedaara Capital, with participation from existing investors SoftBank and Accel. The Bengaluru-based fintech, founded in 2012, plans to use ... Read More
Metro Bank Partners with AI Firm Ask Silver to Launch Instant Scam Detection Tool
Metro Bank has rolled out an innovative AI-powered scam detection service in collaboration with fintech startup Ask Silver, allowing customers to instantly verify suspicious communications. The new Metro Bank Scam Checker enables users ... Read More
Visa Launches AI-Powered Fraud Prevention Platform with 90% Phishing Reduction Success
Visa has introduced Aric Risk Hub, a next-generation AI fraud detection system designed to help financial institutions combat increasingly sophisticated financial crimes. The platform, built on technology from Visa’s September ... Read More
Klarna Hits Pause on $15 Billion IPO Amid Market Volatility Triggered by Trump Tariffs
The buy-now-pay-later pioneer Klarna has temporarily shelved its highly anticipated New York IPO following market instability caused by former President Donald Trump’s new tariff announcements. The Swedish fintech had formally filed with ... Read More
Capital One-Discover Merger Cleared by DOJ in Major Banking Sector Decision
The U.S. Department of Justice (DOJ) has approved Capital One‘s $35 billion acquisition of Discover Financial Services, removing a key regulatory hurdle for what would create the nation’s largest credit card issuer by loan volume. ... Read More
Fuse Secures $6.6M to Revolutionize Cross-Border Payments in MENA Region
Dubai-based fintech Fuse has raised $6.6 million in a funding round led by Northzone to expand its real-time cross-border payment infrastructure across the Middle East and North Africa (MENA). The investment round saw participation from ... Read More
Ripple Integrates RLUSD Stablecoin into Cross-Border Payments
Ripple has officially integrated its RLUSD stablecoin into its cross-border payments platform, marking a major milestone for the company’s enterprise-focused digital asset. Launched in December, RLUSD has quickly gained traction, nearing ... Read More
UK Payment Regulator Faces Backlash Over “Light-Touch” Approach to Card Fee Reforms
The UK’s Payment Systems Regulator (PSR) has come under fire from retailers after proposing what critics call inadequate measures to address soaring card scheme fees charged by Visa and Mastercard. The regulator’s consultation paper, ... Read More
Monzo Co-Founder Predicts AI Will Replace Software Engineers Within Five Years
Monzo co-founder and Y Combinator partner Tom Blomfield has sparked fierce debate by declaring that artificial intelligence will soon render traditional software engineering obsolete. In a series of posts on X (formerly Twitter) and a ... Read More