UK’s Starling Bank Introduces AI Tool to Combat Scams

Starling Bank is leveraging AI in order to help customers spot the warning signs of so-called purchase scams. The digital tool, Scam Intelligence, allows clients to upload images of various items as well as ads from various marketplaces, and analyses them for potential signs of… Read More

Bank of America’s AI-Powered CashPro Chat and Transaction Search Capabilities Increasingly Being Used by Corporations

Bank of America (NYSE: BAC) has recently announced “record-breaking” adoption of its AI-powered CashPro Chat and transaction search capabilities as corporate clients “increasingly turn to real-time insights” as well as operational efficiency in treasury management. CashPro is described as the banking platform used by companies… Read More

iCapital Invests in LYNK Markets, Enabling Adoption of Alternatives via Private Alternative Investment Fund Notes

iCapital, the global fintech company shaping the future of investing, announced a strategic investment in and partnership with LYNK Markets, a fintech platform enabling private market distribution in LatAm. This partnership delivers a scalable cross-border investment solution through Private ETNs—registered securities that expand access to… Read More

UK Consumers Now More Willing to Let AI Handle Routine Commerce Tasks : Research

A study released recently by Checkout.com, a digital payments company, highlights the consumer buying behavior which is enabling the fast-evolving  digital economy. The research study, reportedly conducted with 4000 consumers across the United Kingdom and United States reveals a number of transformative trends, such as… Read More

Lili Research: Taxes #1 Small Business Concern

Lili, a financial platform that offers business banking, credit building, and accounting solutions for small and mid-sized businesses, has released new data from Lili’s Accountant AI that reveals that small business owners are most concerned about implementing the right tax structure and how they can… Read More

Contactless Payments Features are Undermining Security and Consumer Safety Measures : Research

Common convenience features that are built into various contactless payment systems are seemingly undermining their security, according to recent university study. The research, which has reportedly been led by the University of Surrey with assistance from the University of Birmingham, appears to have exposed so-called… Read More

UK’s Digital Bank Monzo to Focus on Global Expansion with Key Appointment

TS Anil will be stepping down after nearly six years of being in charge at UK’s digital bank Monzo. Anil is now making way for Diana Layfield, who is the former GM of search international and growth at Google. In statements shared with Bloomberg, Anil… Read More

Boxing Icon Pacquiao Enters PH’s Crowded Digital Payments Market with Manny Pay

International boxing champion Manny Pacquiao has launched a new payments platform under 7th Pillar Integration Systems Corp., moving to compete in the Philippines’ fast-growing but crowded digital finance market. The service, branded Manny Pay, is starting as a payment gateway and aims to expand into… Read More

SIX to Harmonize Trading Platforms Across Venues with Aquis Chosen as Tech Provider

SIX and Aquis have recently announced that Aquis Technologies has now been selected as the technology provider for the ongoing implementation of a harmonized trading platform for SIX. The newly described implementation of a shared trading platform across all of the exchanges that are being… Read More

Revolut Introduces Stablecoin Swap Feature with No Fees on USDT and USDC Transfers

Digital bank Revolut has unveiled a fee-free conversion service for its user base. The UK-based fintech, now serving over 65 million customers worldwide, has scrapped all charges and hidden spreads on exchanges between U.S. dollars and the following stablecoins: Tether’s USDT and Circle’s USDC. This… Read More

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