Mosaic and Euroclear team to generate smarter fixed income data

Mosaic Smart Data has teamed up with Euroclear to launch Smart Markets, an AI-powered tool for parsing unstructured fixed income data to generate actionable trading insights.


Trading app gamification can increase risk taking - FCA

Gamification features such as push notifications and prize draws used by trading apps can increase risk taking among users, according to research from the Financial Conduct Authority.


Fiserv hires former JPMorgan payments chief Georgakopoulos

Fiserv has appointed former JPMorgan Chase global head of payments Takis Georgakopoulos as a senior advisor, EVP and member of the management committee.


EBAday 2025 is coming to Paris!

In the final session of EBAday 2024 in Lisbon, Debi Bell Hoskings moderated a closing panel of speakers Thomas Egner, secretary general of the Euro Banking Association; Wolfgang Ehrmann, chairman of the board at the Euro Banking Association; Sophie Giorgi, head of payment system and infrastructure relationships at Credit Agricole; and Luis Simões, managing director / EVP, banking operations at Novobanco.


Revolut seeks $40bn valuation through share sale – FT

Revolut is aiming to become the most valuable start-up in Europe with a target valuation of $40 billion, the FT reports.


Uzbek mobile bank TBC secures $10m credit from impact investor responsAbility

TBC Bank aims to expand its microlending business and promote financial inclusion in Uzbekistan, Central Asia’s largest country by population.


Scammers can crack almost half of passwords in less than a minute

Scammers could crack 45% of passwords within a minute, using brute force or smart guessing attacks, warns security firm Kaspersky.


Citi invests in commercial lending platform Numerated

Citi has made a strategic investment in Numerated as part of a wider partnership with the AI-powered modular commercial lending platform.


AI to impact more than half of banking jobs - Citi

AI is set to upend the finance industry, adding tens of billions of dollars in profit while leading to the automation of as many as half of jobs in the sector, according to research from Citi.


EBAday 2024: Growing use cases for AI in banking and payments

During the last panel of EBAday 2024, Patricia Hines, head of banking and payments at Celent talked all things AI with Sara Amara, head of currency and clearing Europe at HSBC; Gurumurthy Palani, head of transaction banking at Gulf International Bank; Christian Sarafidis, chief executive EMEA financial services at Microsoft; and Andy Schmidt, vice president, global industry lead – banking at CGI.


Embedded finance platform Unit makes job cuts

Embedded finance platform Unit has laid off 15% of its workforce, citing "slower than expected" revenue growth.


EBAday 2024: What does upcoming regulation mean for the payments sector?

Moderating the panel discussing the upcoming PSD3, PSR and IP regulations, Daniel Hellmann, director, risk advisory, payments at Deloitte spoke with Simone Del Guerra, head of central institutions & international sales at Nexi Group; Nuno Epifânio, policy officer – retail financial services at the European Commission; Kevin Flood, director – payments ecosystem strategy at FIS; and David Malley, payment industry engagement lead at NatWest.