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Britain needs 'AI stress tests' for financial services, lawmakers sayIn a report on AI in financial services, the Treasury Committee said the Financial Conduct Authority and the Bank of England should start r...- Agentic AI race by British banks raises new risks for regulatorBritain's financial watchdog is alerting retail customers to new risks posed by agentic AI, which can make autonomous decisions. Banks like...
- IBM claims 'real world' edge in quantum computing raceTechnology veteran IBM on Tuesday laid out a plan to have a "practical" quantum computer tackling big problems before the end of this decad...
- Payments body seeks MDR return; Turkey opposition X-ed outThe Payments Council of India has sought the return of a merchant discount rate (MDR) for large merchants. This and more in today’s ETtech ...
- Klarna IPO filing spurs hope of British fintech listingsStockholm-headquartered Klarna, best known for its buy-now pay-later products, publicly filed to float on the New York Stock Exchange earli...
- Romance is in the air, but so is deceit: 5 'red flags' to notice if your are being scammed in name of loveAs Valentine’s Day approaches, financial crime specialist Sarah Lenette warns of dating app scams. Watch out for partners with no social me...
- Goldman Sachs raises $5.2 billion for inaugural growth equity investment fundThe fund which has raised $5.2 billion is Goldman Sachs’ inaugural direct private markets fund dedicated to investing in high-growth busine...
- Carapace raises $2.5million from NFX, Titan Capital and othersIndia will be a key focus for Carapace in terms of hiring as the protocol would like to tap into the rich talent of engineers and credit ex...
- JPMorgan to launch digital bank Chase in Britain next weekWith Chase, JPMorgan is following US rival Goldman Sachs into the British market dominated by incumbents including Lloyds, Barclays, NatWes...
- Visa to acquire Currencycloud at 700 million pounds valuationVisa has been a Currencycloud shareholder since 2020, and the financial consideration will be reduced by the equity that the card network c...
- Goldman Sachs invests $69 million in Britain's Starling BankThe investment is an extension of Starling's oversubscribed 272 million pound funding round, valuing the bank in excess of 1.1 billion poun...
- Fintech revolution’s still not here a year into ‘open banking’ in EuropePoliticians in the UK, where four banks control 75% of deposits, were particularly keen on the law’s goal of encouraging new entrants.
- The whole banking model is a bit broken: Sam Smith, finnCapMany players are also offering specific online services, such as international money transfer with TransferWise or lending out money with R...
- Big Bird Day: Complete list of birds spottedIt was a big event for this unique group of citizens who met in the Capital on February 24 to celebrate the Big Bird Day. Here is the compl...
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