BaFin AI monitoring to cover banks and insurers under EU rules
Germany’s BaFin will monitor how financial firms use AI, with high-risk systems such as credit scoring due for attention from 2027...
By Rafael Ortiz 2 months agoFintech Correspondent
Rafael covers payments, banking infrastructure, and the software eating financial services. Former product lead at a payments processor.
Germany’s BaFin will monitor how financial firms use AI, with high-risk systems such as credit scoring due for attention from 2027...
By Rafael Ortiz 2 months agoICE says licensed users can access its fixed income data and methodologies in AI workflows through the Model Context Protocol.
By Rafael Ortiz 2 months agoAnthropic said frontier AI found weaknesses in HAWK and reduced-round AES, adding pressure on banks to map and replace embedded en...
By Rafael Ortiz 2 months agoCarlyle-backed Included Health agreed to buy Firefly Health, with financial terms undisclosed and closing expected in the third qu...
By Rafael Ortiz 2 months agoXylem has agreed to buy WaterFleet for about $200mn, adding a provider of mobile water and wastewater services for critical sites.
By Rafael Ortiz 2 months agoNorthrim Bank will use Narmi One to combine online account opening and digital banking for customers in Alaska and the Pacific Nor...
By Rafael Ortiz 2 months agoInvestFi will use the funding to expand embedded investing for credit unions and community banks seeking to retain member deposits...
By Rafael Ortiz 2 months agoGoogle DeepMind has reportedly broken up the AlphaFold group as staff move to Gemini, science projects and Isomorphic Labs.
By Rafael Ortiz 2 months agoPYMNTS Intelligence found two-thirds of U.S. consumers lived paycheck to paycheck in January, with behavior widening gaps within a...
By Rafael Ortiz 2 months agoACI Worldwide and dLocal will give global merchants access to local payment methods in Brazil and Mexico through one integration.
By Rafael Ortiz 2 months agoPYMNTS and WorkWhile say gas, distance and pay timing are changing which hourly shifts workers can afford to accept.
By Rafael Ortiz 2 months agoMeta, Microsoft and Amazon earnings arrive as oil rises, tech shares slide and investors question AI spending returns.
By Rafael Ortiz 2 months ago