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FS firms turn to agentic AI for compliance operations

The majority of global financial institutions are actively implementing agentic AI in order to improve their compliance operations, according to research from Fenergo.

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UAE usurps UK in global fintech rankings

The UK has been pushed into third place in global fintech rankings for the first time following a strong showing by the UAE.

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Clear Junction adds support for on-chain stablecoins

Embedded payments platform Clear Junction has launched a new on-chain stablecoin transfer service, the first product in a wider suite of digital asset services under development to meet increasing demand from fintechs, payment service providers (PSPs), and regulated financial institutions.

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Corpay agrees $2.2bn Alpha Group takeover

Corporate payments outfit Corpay has agreed to buy British peer Alpha Group for $2.2 billion in cash.

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Banxware co-founder launches credit infrastructure platform

Berlin-based startup Credibur has secured $2.2 million in pre-seed funding to launch its credit infrastructure platform.

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JPMorgan could start lending against clients' crypto - FT

JPMorgan Chase could start lending against its clients' cryptocurrency holdings, according to the Financial Times.

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Monzo and Starling co-founder invests in UK fintech startup Monet

Monet, a financial cashflow startup targetting the creative industry sector, has secured an early-stage funding commitment of £17 million led by prominent UK banking executives ahead of closing its seed round this July.

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Nordea taps Mynt to roll out an expanse management system for SMEs across the Nordics

Swedish fintech Mynt has been selected by Nordea, the largest bank in the Nodics, to launch a business credit card and spend management service for small and medium-sized enterprises (SMEs) across Sweden, Norway, Denmark and Finland.

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Nasdaq Verafin unveils agentic AI AML workers

Nasdaq's anti-financial crime unit Verafin has launched a suite of agentic AI digital workers built to help banks with anti-money laundering compliance by automating low-value, high-volume processes.

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ECB accelerates digital euro preparation work

The European Central Bank is accelerating work on a digital euro to keep up with the "ambitious pace" set by EU leaders as the project's urgency increases in the face of geopolitical challenges including an increasingly hostile United States under Donald Trump.

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AIB promotes CTO to COO amid tech reorganisation

Graham Fagan has been named as the new chief operating officer (COO) at Irish bank AIB.

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French startup Spiko raises $22m

Paris-based fintech Spiko has pulled in $22m after completing a series A funding round.