Klarna Plans to Revive IPO
Klarna is set to resume its plans for a US initial public offering next month after previously pausing due to market challenges in the spring,...
Ant International, Standard Chartered, and SWIFT Join Forces to Create Bank-to-Wallet Payment System
Standard Chartered and Ant International have begun live production trials for a bank-to-wallet payment service utilizing ISO 20022 financial messaging standards and the Swift infrastructure....
Finastra and Circle Introduce Stablecoin Settlement for Cross-Border Payments
Finastra has partnered with Circle to assist banks in integrating stablecoin settlement into their cross-border payment systems. The collaboration will incorporate Circle's USDC stablecoin within...
LHV Enhances Legal Document Processing with AI Solutions from Luminance
UK-based LHV Bank is poised to enhance its legal contract document workflows by integrating artificial intelligence technology from Luminance. The bank plans to implement Luminance...
Santander Collaborates with OpenAI to Transform into an ‘AI-Native’ Bank
Santander has embarked on a strategic partnership with OpenAI, introducing ChatGPT Enterprise to nearly 15,000 employees as part of its ambition to transform into an...
CommBank Enters the OpenAI Gold Rush
Australia's Commonwealth Bank (CommBank) has entered a significant multi-year partnership with OpenAI, enabling its employees to utilize ChatGPT Enterprise. This collaboration focuses on integrating advanced...
BBVA and the University of Navarra Launch Applied Research Initiative on Responsible AI
BBVA is embarking on a three-year collaboration with the University of Navarra to tackle the ethical, technical, and regulatory challenges associated with artificial intelligence. The...
Fi Money’s ‘Magic Lens’ Provides Users with a Clear View of Their Net Worth
Indian financial management firm Fi Money is enhancing users' understanding of their overall net worth by allowing them to photograph physical assets for instant valuation....
Grasshopper Bank Implements Narmi’s MCP Server for AI-Driven Business Insights
Grasshopper, a digital banking platform for businesses, has launched a private beta of Narmi's Model Context Protocol (MCP) server. This innovative system allows clients to...
EU Considers Public Blockchain for Digital Euro
European Union policymakers are discussing the potential launch of the digital euro on public blockchains as they accelerate efforts on the Central Bank Digital Currency...