Tag: Banking
Mercury targets stronger startup cash returns
Mercury, a technology company providing banking services to startups and scaling businesses, has introduced two exclusive treasury products with Morgan Stanley Investment Management and...
Static KYC is failing FinTech’s fight against financial crime
Customer risk does not wait for a calendar. Between one scheduled KYC review and the next, a director can be replaced, a beneficial owner...
AI agents move from pilot to workforce in bank compliance
Banks could unlock productivity gains of up to 20 times by deploying a workforce of AI agents, according to McKinsey. The consultancy's estimate rests...
Bretton AI lands multi-year MVB Bank compliance deal
MVB Bank, a West Virginia-based subsidiary of Nasdaq-listed MVB Financial Corp., has agreed a multi-year partnership with Bretton AI to use AI-powered operations for...
Revolut secures French bank licence in Europe expansion
Revolut, the global FinTech serving more than 75 million customers, has secured a full banking licence for its French entity as it prepares to...
Robinhood brings zero-fee digital asset trading to UK
Robinhood, the US-headquartered trading platform, is expanding its UK offering with zero-fee digital asset trading through Bitstamp UK Ltd, bringing more than 50 digital...
FinTechs dominate customer-facing AI use cases with mobile money gap widest...
Key views on AI use case adoption across traditional FIs and FinTechs: The Cambridge Centre for Alternative Finance surveyed 203 FinTechs and 149 traditional...
FNZ agrees to sell FNZ Bank to Advent consortium
FNZ, the leading global wealth management platform, has agreed to sell FNZ Bank to Advent and a consortium that includes HarbourVest Partners.
Under the terms...
Dutch banking giant taps Mistral for European AI push
ABN AMRO, a Dutch bank, has agreed a strategic partnership with Mistral, Europe's fastest-growing Frontier AI lab, to jointly explore and build artificial intelligence...
Banks catch rule changes fast, then compliance stalls
Financial institutions have largely solved the problem of spotting regulatory change. What they have not solved is what happens next, and that gap is...










