December 2024 – Page 39

HSBC Tests Quantum-Safe Technology for Digital Gold Initiatives

HSBC has successfully trialled the first use of quantum-secure technology for buying and selling tokenised physical gold. Last year, HSBC became the first global bank...

JP Morgan Makes Strategic Investment in B2B Payments Platform Slope

JP Morgan is making an equity investment in and providing a debt facility to Slope, an AI-driven business-to-business payments platform. In a $65 million equity...

AI Set to Transform Over Half of Banking Jobs

AI is poised to transform the finance industry, potentially adding tens of billions of dollars in profit while automating up to half of the sector's...

Italian Unicorn Satispay Secures €60 Million in Funding

Italian unicorn Satispay has successfully raised €60 million, surpassing the significant milestone of five million users. The funding, contributed by existing shareholders Addition, Greyhound, and...

Brazil’s Matera Secures $100 Million from Warburg Pincus for Expansion in the U.S.

Matera, a Brazilian fintech that has become an integral player in the country's Pix instant payments ecosystem, is now eyeing expansion into North America following...

EBAday 2025 is Heading to Paris!

In the final session of EBAday 2024 in Lisbon, Debi Bell Hoskings moderated a closing panel featuring Thomas Egner, secretary general of the Euro Banking...

Starling Alerts Public to Increasing Voice Cloning Scam Threats

Voice cloning scams, which involve fraudsters using AI technology to imitate the voices of friends or family members, may soon affect millions, according to new...

Argentinian Fintech Ualá Achieves $2.75 Billion Valuation After Securing $300 Million in Funding

The VC arm of insurance giant Allianz has led a $300 million Series E funding round for Ualá, valuing the Argentinian mobile banking provider at...

Allium Secures $16.5 Million for Its Blockchain Data Platform

Allium, a blockchain data platform collaborating with major players like Visa and Stripe, has successfully raised $16.5 million in a Series A funding round. The...

BBVA Asset Management Launches Pilot for ‘Tokenized’ Fund

BBVA Asset Management is exploring the integration of blockchain technology into a "tokenized" investment fund. The bank has registered its short-term fixed-income fund with the...