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FCA seeks regulatory clarity over lacklustre AI adoption by UK banks

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FCA seeks regulatory clarity over lacklustre AI adoption by UK banks

The FCA is to host a roundtable with banking industry leaders over concerns that onerous compliance requirements are stifling investment in artificial intelligence.

Nubank partners OpenAI to smooth customer experience

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Nubank partners OpenAI to smooth customer experience

Brazil's Nubank is working with OpenAI on a host of services and features for its 114 million customers.

Zocks raises $13.8m for AI-driven financial advisor client intelligence

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Zocks raises $13.8m for AI-driven financial advisor client intelligence

Zocks, an AI-driven client intelligence platform for financial advisors has raised $13.8 million in a Series A funding round led by Motive Ventures.

87% encountered AI-driven cyberattacks in 2024 - SoSafe

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87% encountered AI-driven cyberattacks in 2024 - SoSafe

SoSafe’s report explores the global tension between AI adoption and the associated security risks, highlighting the views of 500 global security professionals and 100 SoSafe customers across 10 countries.

Skyfire payments network for AI agents exits beta

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Skyfire payments network for AI agents exits beta

Skyfire, a startup founded by former Google and Ripple executives, has brought its payments network that enables AI agents to make autonomous transactions out of beta.

Zopa hires Visa Europe data lead as chief analytics officer

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Zopa hires Visa Europe data lead as chief analytics officer

UK-based digital bank Zopa has appointed Visa Europe head of data science Jeremy Penzer as chief analytics officer.

Grain raises $50m for AI-driven FX optimisation and hedging platform

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Grain raises $50m for AI-driven FX optimisation and hedging platform

Startup Grain has raised over $50 million to launch an AI-driven foreign exchange optimisation and hedging platform.

Flex raises $25m to build all-in-one business and personal financial management platform

/ai

Flex raises $25m to build all-in-one business and personal financial management platform

Flex, a fintech that helps business owners automate their back offices, has raised $25 million in an equity round led by Titanium Ventures.

Former Equifax execs launch KYB platform

/ai

Former Equifax execs launch KYB platform

Trust2Connect (T2C), a startup founded by former Equifax executives, has unveiled an AI-driven Know Your Business platform to streamline B2B verification, accelerate account openings, and mitigate payment risks.

DORA: Learn how to fortify operational resilience at NextGen Nordics

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DORA: Learn how to fortify operational resilience at NextGen Nordics

The introduction of the Digital Operational Resilience Act (DORA) in 2022 marked a pivotal shift, requiring financial institutions to bolster their ability to withstand and recover from a range of cyber and operational disruptions. The upcoming NextGen Nordics 2025 event at the Münchenbryggeriet in Stockholm, Sweden, on 29 April 2025 promises to be a unique platform for banking professionals and industry leaders to explore how DORA is reshaping the financial ecosystem, focusing on operational resilience, cybersecurity, and the future of innovation in the sector.

Ramp valuation hits $13 billion

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Ramp valuation hits $13 billion

Finance automation and corporate credit card platform Ramp has hit a $13 billion valuation after investors purchased $150 million in secondaries from employees and early backers.

JPMorgan Chase invests in FairPlay

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JPMorgan Chase invests in FairPlay

JPMorgan Chase has joined a $10 million investment round in FairPlay, a "Fairness-as-a-Service" company using AI fairness techniques to reduce algorithmic bias in lending.

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