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Deutsche Bank invests in governance automation platform Kosli

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Deutsche Bank invests in governance automation platform Kosli

Deutsche Bank has co-led a $10 million Series A funding round for Norwegian compliance automation technology provider Kosli.

JPMorgan leads quantum computing arms race

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JPMorgan leads quantum computing arms race

JPMorgan is far and away the market leader in tackling the threats and opportunies for banks presented by advancements in quantum computing, according to research published by benchmarking platform Evident.

Goldman adopts measured approach to roll out of AI

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Goldman adopts measured approach to roll out of AI

Goldman Sachs is adopting a measured approach to the use of AI across the firm, reflecting the evolving nature of the technology and the uncertainties around best case outcomes.

Consumer coalition presses FCA to abandon e-mail deletion plans

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Consumer coalition presses FCA to abandon e-mail deletion plans

A coalition of consumer groups and advocates have written to UK ministers calling for the FCA to abandon its plans to delete most emails automatically after a year.

Utila raises $18m for institutional digital asset wallets

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Utila raises $18m for institutional digital asset wallets

Digital assets operations platform Utila has raised $18 million to help it cash in on the rising popularity of stablecoins.

Fed working group suggests scams information sharing network

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Fed working group suggests scams information sharing network

A Federal Reserve-backed working group has recommended that the US payments industry set up an independent information exchange framework to provide a single source for scam intelligence across payment rails.

XRP soars as SEC drops Ripple case

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XRP soars as SEC drops Ripple case

Ripple's XRP token has surged 10% after the firm declared victory in its four-year legal tussle with the Securities and Exchange Commission

Temenos to recruit 200 technology staff for new innovation hub in Florida

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Temenos to recruit 200 technology staff for new innovation hub in Florida

Temenos is to recruit 200 technology and product development staff for a new innovation hub in Florida.

Bakkt sees shares plunge as crypto firm loses major customers

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Bakkt sees shares plunge as crypto firm loses major customers

Shares in digital asset player Bakkt tumbled by more than a third on news that the firm has lost two major customers, Bank pf America and Webull.

Verification of Payee: Prepare for October 2025 deadlines at NextGen Nordics

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Verification of Payee: Prepare for October 2025 deadlines at NextGen Nordics

In March 2025, the Eurosystem completed exploratory work for offering a Verification of Payee (VoP) service for payment service providers (PSPs) in SEPA, helping them comply with the EU’s Instant Payments Regulation across credit transfers in Euro. NextGen Nordics 2025 at the Münchenbryggeriet in Stockholm, Sweden, on 29 April 2025, will explore how VoP can reduce fraud and payment, and prepare for 5 October 2025, the effective date of the VOP scheme rulebook.

Metro Bank to deploy AI across corporate and commercial loan book

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Metro Bank to deploy AI across corporate and commercial loan book

Metro Bank is to implement an agentic AI platform from Covecta to slash the time taken to process loans across its corporate and commercial credit businesses

AvidXchange considers sale - Bloomberg

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AvidXchange considers sale - Bloomberg

Four years after going public, business payments automation firm AvidXchange is considering a sale after receiving takeover interest, according to Bloomberg.

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