Vivox AI Raises £1.3M For Financial Crime Protection Agents

Vivox AI, a UK-based technology company building regulator-ready, atomic AI agents for AML, KYB/KYC and financial crime, has raised £1.3 million (€1.5 million) to accelerate product development and scale its enterprise platform. The round includes backing from Axel Weber, former president of Germany’s central bank… Read More

Billtrust’s Agentic Credit Lines Identifies Payment Risks

Billtrust this week introduced Agentic Credit Lines, a new AI‑powered capability that helps finance teams proactively identify payment risk and make faster, more confident credit decisions. Agentic Credit Lines, embedded in the Billtrust Credit Review workflow, analyzes payment history, utilization patterns, and external credit data… Read More

Data Encryption Firm Evervault Raises $25M Series B

Evervault has raised $25 million Series B financing led by Ribbit Capital with participation from Index Ventures, Sequoia Capital, Kleiner Perkins and Operator Partners. The round brings Evervault’s total funding to $46 million, and will be used to expand its encryption infrastructure, invest in product… Read More

Payfinia, CU*SOUTH Launch Embedded Payments, Wallet Partnership

      Payfinia, providers of an open payments framework, has partnered with CU*SOUTH, a credit union-owned credit union service organization. This partnership will provide credit unions with opportunities to leverage advanced embedded payment solutions and unique digital wallet services. CU*SOUTH’s member credit unions now… Read More

50+ Banks Sign On to New Swift Platform

  Consumers and small businesses receiving payments in a range of countries, including five of the world’s largest remittance markets, will be among the first to benefit as Swift and banks globally roll out a new framework for cross-border retail payments. Payments sent across popular… Read More

Finastra incorporates AI into Payments for Bank Customers

Finastra, a banking tech provider, says it has incorporated artificial intelligence, called OperatorAssist, into its payments platform. Finastra states that errors and inefficiencies continue to take significant time, and this new service addresses these issues by automating analysis and providing solutions, reducing the cost of… Read More

Morgan Stanley’s Job Cuts Highlight a Shifting Landscape in Finance and Tech Due to AI Adoption

Photo courtesy notionscapital on Flickr

Morgan Stanley (NYSE:MS) has initiated a significant workforce reduction, eliminating around 2,500 positions globally—roughly 3% of its total staff. The moves affect key areas including investment banking, trading, wealth management, and investment management, while leaving financial advisors untouched. This restructuring follows a year of solid… Read More

Digital Bank Revolut Submits Application for US Banking License

Digital bank Revolut has officially applied for a US national bank charter. The submission to the Office of the Comptroller of the Currency and the Federal Deposit Insurance Corporation seeks to create Revolut Bank US, N.A., enabling the London-based firm to operate as a full-fledged… Read More

DataVisor Report Finds “AI Readiness Gap”

DataVisor, an AI-powered fraud and risk management platform, released its 2026 Fraud & AML Executive Report, revealing an AI Readiness Gap between rising concern over AI-driven fraud and financial institutions’ ability to defend against it. The report found that 74% of surveyed senior fraud and… Read More

NYSE Parent Company ICE Acquires Stake in Crypto Platform OKX at $25B Valuation

In a significant development bringing together Wall Street players with digital asset focused initiatives, Intercontinental Exchange (ICE)—(NYSE:ICE) the operator of the New York Stock Exchange—has secured a minority stake in OKX, one of the world’s largest cryptocurrency exchanges. Announced on March 5, 2026, the strategic… Read More

Send this to a friend