Bitcoin ATM Operator Sentenced to Four Years in Prison
The operator of a crypto ATM network in the UK has been sentenced to four years in prison, marking the first case of its kind...
Turkish Investment Bank BankPozitif Partners with Taurus for Crypto Custody Solutions
Turkish digital investment bank BankPozitif has partnered with Swiss blockchain startup Taurus to enhance its foray into the cryptocurrency market. The collaboration involves the implementation...
Discover Strategies to Enhance Operational Resilience at NextGen Nordics
The introduction of the Digital Operational Resilience Act (DORA) in 2022 marked a significant change, requiring financial institutions to strengthen their capacity to endure and...
CFPB Dismisses Lawsuit Against JPMorgan, Bank of America, and Wells Fargo Regarding Zelle Fraud
The Consumer Financial Protection Bureau (CFPB) has withdrawn its lawsuit against JPMorgan Chase, Bank of America, and Wells Fargo, which had accused the banks of...
JPMorgan Chase Announces Investment in FairPlay
JPMorgan Chase has participated in a $10 million investment round for FairPlay, a "Fairness-as-a-Service" company that leverages AI fairness techniques to minimize algorithmic bias in...
Cybercrime Poses a National Security Threat: Google Cloud Executives Discuss Prevention Strategies
Finextra engaged in a discussion with Google Cloud leaders Nick Godfrey, senior director and global head of the office of the CISO, and Jamie Collier,...
Central Bank States Revolut Must Obtain License to Operate in Ukraine
Ukraine's central bank has announced that Revolut does not possess a license to operate in the country, despite the London-based fintech's recent declaration that Ukrainian...
Google Cloud Foresees Four Transformative Impacts of GenAI on Financial Services
The upcoming year is poised to mark a significant turning point for AI innovation in the financial sector, according to Zac Maufe, global head of...
Ex-UBS Investment Analyst Launches AI Education Tool with Voice Cloning Technology
Geoff Robinson, a former UBS investment analyst, has launched an educational app that leverages his digitally cloned voice and AI-generated expertise to assist self-directed investors...
Crédit Agricole set to acquire Santander’s stake in Caceis
Crédit Agricole SA will enhance Caceis’ position as a leading player in European asset servicing, further supporting its clients’ business growth objectives. Crédit Agricole SA...