Investing.com Launches “WarrenAI” – An AI-Powered Financial Research Assistant for Retail Investors
Investing.com has unveiled WarrenAI, a next-generation AI financial researcher designed to level the playing field between retail investors and Wall Street professionals. The new tool combines ChatGPT-like conversational ease with ... Read More
BNY Enhances Compliance Monitoring with Behavox Quantum Rollout
BNY has strengthened its compliance and risk management framework by implementing Behavox Quantum, an AI-driven platform for monitoring electronic and voice communications. The solution, delivered as a SaaS offering, provides surveillance ... Read More
Central Banks Launch Tender for Cross-Border Payments Network Operator Under Project Nexus
The central bank participants in Project Nexus — an initiative led by the Bank for International Settlements (BIS) to interlink domestic real-time payment systems across borders — have kicked off a formal procurement process to appoint ... Read More
Barclays Partners with Brookfield to Offload Struggling Payments Business
Barclays has struck a strategic partnership with Brookfield Asset Management as it works towards offloading its underperforming payments acceptance business over time. The deal marks a key step in the UK bank’s broader restructuring ... Read More
Global Payments to Acquire Worldpay for $22.7B, Sell Issuer Solutions to FIS for $13.5B
In a landmark reshuffling of the global payments industry, Global Payments has struck a $22.7 billion deal to acquire Worldpay from private equity group GTRC and FIS, while simultaneously agreeing to divest its Issuer Solutions unit to FIS ... Read More
Swift Launches AI-Powered Payment Investigation Tool to Tackle $1.6B Industry Pain Point
The global financial messaging network Swift has introduced a new case management system designed to revolutionize how banks track and resolve delayed international payments, potentially saving the industry 600 million annually. The ... Read More
Bolt Unveils SuperApp Merging One-Click Crypto with Everyday Payments
Bolt has launched a new SuperApp aimed at unifying crypto and everyday payments into a single seamless experience, stepping up competition with players like Coinbase, PayPal, and Zelle. This marks the first major release under founder Ryan ... Read More
Luma Financial Technologies Secures $63M Series C with Major Bank Backing
A consortium of Wall Street giants including Bank of America, Morgan Stanley, UBS, and TD Bank Group have joined Sixth Street Growth in a $63 million Series C investment for Luma Financial Technologies, signaling strong institutional ... Read More
Google Deploys AI to Combat Scam Ads, Removing 500 Million in 2024
Google has intensified its crackdown on fraudulent advertising through advanced AI systems, suspending a record 39.2 million advertiser accounts in the U.S. this year—more than triple its 2023 enforcement actions. The tech giant reported ... Read More
Wise Launches Group Spending Feature for UK Customers
Money transfer giant Wise has introduced a new feature called ‘Spend with Others’, allowing users to share spending with a group of family or friends without the hassle of opening a joint account. The feature is now available for free ... Read More