FintechDaily Staff – Page 10

CommBank Unleashes Army of AI Bots to Counter Scammers in Chats

Australia's CommBank is taking action against scammers by introducing a fleet of thousands of AI-generated bot profiles aimed at engaging with and disrupting criminal networks...

Australian Banks Introduce Nationwide Confirmation of Payee Initiative

Australia's banks have launched a national Confirmation of Payee program aimed at protecting customers from being deceived into sending money to criminals. Banks have invested...

Mastercard Leverages AI to Combat Card Reissuance Fraud

Mastercard is launching Account Intelligence Reissuance, a GenAI-based fraud prevention service, in the Eastern Europe, Middle East, and Africa (Eemea) region. The service equips banks...

Elastacloud Hosts Hackathon to Develop Sustainable Finance Solutions

The inaugural Sustainable Finance hackathon, hosted by data science experts Elastacloud in collaboration with Finextra and Responsible Risk, took place on January 16 and 17,...

Deutsche Bank Spinoff IMP+ACT Alliance Joins Forces with UNDP

IMP+ACT Alliance has announced a strategic partnership with the United Nations Development Programme (UNDP) to offer investors digital guidance on aligning their investments with the...

Rabobank Addresses CO2 Challenge by Bridging Corporates and Farmers

Rabobank has introduced an innovative online platform designed to bridge the gap between large corporations aiming to offset their carbon emissions and smallholder farmers in...

Circle Seeks National Trust Bank Status

Stablecoin firm Circle has applied to create a national trust bank, further solidifying its position in the mainstream after its blockbuster IPO last month. The...

Fintech M&A Accelerates

Consolidation in the fintech sector is accelerating, with disclosed deal values for transactions over $100 million in the first half of the year nearing double...

Zango, an AI-driven RegTech Startup, Secures $4.8 Million in Funding

London-based Zango AI has secured $4.8 million to revamp financial compliance systems using AI agents. The funding round was led by Nexus Venture Partners, with...

Goldman Sachs Partners with Open Source Climate Data Initiative

Goldman Sachs has joined OS-Climate, a collaborative initiative under the Linux Foundation aimed at redirecting global investments towards achieving zero-carbon emissions. This effort hinges on...