Search: “banking”

Bloomberg: A look at Elon Musk's efforts to launch the banking and payments service X Money, delayed by US regulatory concerns, as some industry watchers remain skeptical — More than three years after

Pictet rolled out Claude Code and Cowork to about 700 people; Anthropic reports selected prototype and compliance-task time savings.

BBVA deployed ChatGPT Enterprise to over 100,000 employees; OpenAI reports 70%+ weekly usage and selected workflow gains.

Hugh Son / CNBC: Mercury, which provides banking services to startups, raised a 200M Series D led by TCV at a 5.2B valuation, up from 3.5B in March 2025 — Mercury, a fintech firm that provides banking

This is today’s edition of The Download, our weekday newsletter that provides a daily dose of what’s going on in the world of technology. Cyberscammers are bypassing banks’ security with illicit tools

Krisztian Sandor / CoinDesk: LA-based Fasset, which offers stablecoin-powered banking and cross-border payments services across Asia, Africa, and the Middle East, raised a $51M Series B — The Shariah-

Business banking startup Slash Financial Inc. today announced that it has raised 100 million in new funding on a 1.4 billion valuation to continue product development and build out its artificial inte

Learn the architecture and design decisions behind an explainable next-best-product recommendation system for banking, built with Amazon SageMaker AI and PyTorch. A multi-tower neural network with lea

Bloomberg: The Senate Banking Committee advances the Clarity Act, which would make CFTC the primary regulator for most digital assets while SEC oversees digital securities — Bitcoin climbed past $80,0

Financial Times: European banking watchdogs ECB and ESRB warn that frontier AI models pose “systemic risks to the financial system”, giving lenders four months to prepare — IT weaknesses could be expl

Davis Giangiulio / CNBC: Edge Markets, which provides banking tools for gambling and prediction markets, including real-time payments on Kalshi, raised a $29.2M Series A led by CoinFund — As predictio

Shirin Ghaffary / Bloomberg: OpenAI unveils new Codex plugins for tasks related to public equity investment, banking and sales, and other roles, and plans to integrate Codex into ChatGPT — OpenAI is e

Adamya Sharma / Android Authority: Google unveils Android security features, including protection from spoofed banking calls, default theft protection, and biometric protection for Mark as lost — Here

When people think about digital transformation in banking, they often focus on the visible results: mobile apps and new digital services. But there's an invisible infrastructure making all these servi

Bloomberg: Sources: Palmer Luckey's Erebor Bank is in talks to raise money at an 8B+ valuation, up from 4.35B in 2025; its deposits are up from 1.1B in March to 4.05B — Erebor Bank is in talks to rais

Reuters: Sources: the ECB warned EU finance ministers that proposals to issue more euro stablecoins could reduce bank lending and make controlling interest rates harder — The European Central Bank war

Singular Bank leverages OpenAI's ChatGPT and Codex to accelerate banking operations and developer productivity. The integration enables bankers and software engineers to streamline workflows, automate

Bloomberg: Sources: SoftBank invites more banks to join its 40B loan backing its OpenAI investment, requiring them to commit ~5B each; SoftBank has already invested 30B — More banks are being invited

Bank of England governor Andrew Bailey today warned that advanced artificial intelligence poses risks to financial infrastructure. Bailey outlined his concerns in a letter to G20 finance ministers and

For financial institutions, operational resilience has long been embedded in regulatory and supervisory expectations — to say nothing of the high expectations of consumers. With the implementation of

Hybrid AI governance has become essential for regulated industries such as banking, where the pressure to move fast with agentic AI collides with strict requirements for data sovereignty, compliance a

Kwanwoo Jun / Wall Street Journal: South Korea's Hana Bank agrees to acquire a 6.55% stake in Dunamu, which runs South Korea's largest crypto exchange Upbit, for 672.5M from Kakao — The deal would mak

Wall Street Journal: Sources: JPMorgan Chase and other banks struggled to spread the risk of billions in loans they made for data centers leased to Oracle in Texas and Wisconsin — The AI boom has hit

Editor’s note: This article is adapted from Thomas Kurian’s keynote address at Gemini at Work 2026. It includes a number of announcements: Gemini, a single, universal agent for work that answers your

Vildana Hajric / Bloomberg: Circle says it received US regulator approval to start a national digital-currency trust bank, allowing it to offer institutional custody services — Circle Internet Group I

Laura Kreutzer / Wall Street Journal: Quantifind, whose AI products help banks combat financial crimes such as money laundering, raised $200M led by Summit Partners — Its Graphyte platform aims to hel

Bloomberg: Sources: Revolut is looking to run a secondary share sale that would value it at 115B, after receiving a UK bank license and applying for a charter in the US — Revolut Ltd. is looking to ru

Wall Street Journal: The largest US banks plan to launch a tokenized deposit network in 2027 to connect traditional payment rails with the infrastructure that digital assets run on — The new network c

The World Bank Group leverages Databricks' data and AI platform to enhance its poverty eradication efforts by enabling better data sharing, analysis, and knowledge dissemination across its operations

Your trust in AI is about to be put to the test: OpenAI will soon let you give the chatbot direct access to your bank accounts. The new feature announced in preview today will allow users to 'securely

Bloomberg: Sources: Mistral has been developing a cybersecurity-focused AI model and held discussions about it with European banks, which don't have access to Mythos — French artificial intelligence s

Tamara Djurickovic / Tech.eu: Paymentology, which provides real-time card and payment processing technology for banks and fintechs, raised $175M co-led by Apis Partners and Aspirity Partners — Payment

Financial Times: Sources: some lenders are exploring private deals to sell their data center debt, and some banks are seeking to offload their Oracle-linked loans at a discount — Global lenders explor

Bloomberg: Sources: Nigerian mobile payments service OPay is preparing for a US IPO at a $4B valuation with Citigroup, Deutsche Bank, and JPMorgan Chase advising — Opay Digital Services Ltd. is workin

Banks face challenges implementing AI not due to lack of AI technology, but rather due to fragmented, siloed data platforms that prevent effective data integration and accessibility. The article argue

Fiona Kelliher / MIT Technology Review: How cyberscammers are bypassing major banks' KYC facial scans using stolen biometric data and virtual camera tools sold via Telegram channels — EXECUTIVE SUMMAR

Katie Roof / Business Insider: Sources: Decagon, which offers AI customer service agents and was last valued at $4.5B, hired a bank and is in early talks with buyers, including ServiceNow — Buzzy AI a

Brenda Goh / Reuters: The Chinese developer of ARTEX says they have converted the AI agent into a closed-source project after CrowdStrike said it was used to hack South Korean banks — The Chinese deve

Ashley Campion / CrowdStrike: Analysis: the hacker who targeted South Korean banks is likely Chinese-speaking, financially motivated, and used LLMs and open-source Chinese agentic tool ARTEX — CrowdSt

Financial Times: Sources: SpaceX is seeking to raise 40B, including ~10B in bank loans and ~$30B in investment-grade debt, to purchase Nvidia chips, in a deal led by Apollo — Blockbuster debt deal is

Phoebe Liu / The Information: GPU cloud provider GMI Cloud raised 668M, including 223M in equity led by ARCHIV with participation from Nvidia and 445M in credit led by Taiwanese bank CTBC — GMI Cloud,

Janice Huang / Bloomberg: Sources: SoftBank sealed a two-year loan facility to support its OpenAI investment, securing 11.87B in commitments from ~20 banks, above its 10B target — SoftBank Group Corp.

Katie Roof / Business Insider: Sources: Hugging Face is exploring a sale that could value it at 13B+, up from 4.5B in 2023, and has been working with a bank to evaluate bidders' interest — The AI indu

Wall Street Journal: TRM Labs: Iran-linked wallets, including those tied to Iran's central bank, have moved over 3.84B in transactions through the crypto exchange CoinEx since 2019 — Iranian entities

Bloomberg: Amazon secures a 17.5B loan from Citigroup and other banks, after selling CA14B in bonds on Monday, the largest corporate debt offering in Canadian dollars — Soon after selling the biggest

Aisha S Gani / Bloomberg: Riyadh-based Stitch, which develops software for banks and financial services companies, raised a $25M Series A led by a16z, its first investment in the Gulf — Andreessen Hor