Rafael Ortiz

Fintech

Retailers turn loyalty files into fuel for AI shopping tools

Ulta, Sephora, CVS and payments firms are linking loyalty records to AI systems as third-party tracking weakens and shopping disco...

By Rafael Ortiz · 1 month ago

Fintech

Citi and Wells Fargo treasury units show fee growth beyond lending

Second-quarter results showed corporate transaction services rising at major US banks, supported by demand for payments, liquidity...

By Rafael Ortiz · 1 month ago

Fintech

US leading index falls as housing permits and expectations weaken

The Conference Board’s LEI declined 0.2% in June, though other sentiment gauges showed firmer readings in early July.

By Rafael Ortiz · 1 month ago

Fintech

Alloy Labs adds seven banks to community banking consortium

The consortium said membership now tops 90 banks across 46 states, with combined assets near $500 billion.

By Rafael Ortiz · 1 month ago

Fintech

Procurify adds AI agents to mid-market procurement platform

The company says three new agents use customer spend data to automate purchase intake, order coding and accounts payable workflows...

By Rafael Ortiz · 1 month ago

Fintech

TD treasury executive urges stronger controls for agentic AI adoption

Tom Gregory of TD Bank U.S. says treasury teams need clearer governance before AI systems begin executing payments and liquidity a...

By Rafael Ortiz · 1 month ago

Fintech

Moonshot pauses Kimi K3 sign-ups after demand strains GPU capacity

The Chinese AI startup said new subscriptions will reopen in batches as it adds capacity for its 2.8tn-parameter open-weight model...

By Rafael Ortiz · 1 month ago

Fintech

Chime adds investing feature for stocks and ETFs

Chime Invest lets members buy stocks and exchange-traded funds from the banking app, with entry points starting at $1, the company...

By Rafael Ortiz · 1 month ago

Fintech

Crypto market-structure bill reaches Senate calendar as recess clock tightens

The CLARITY Act has bipartisan momentum, but ethics, banking and committee issues threaten to delay Senate action before the Augus...

By Rafael Ortiz · 1 month ago

Fintech

Stratiphy opens public raise after £302,571 early backing

The FCA-authorised platform says the funding will support products, hiring, customer acquisition and new ISA and pension capabilit...

By Rafael Ortiz · 1 month ago

Fintech

Otoma CEO says banks may be underusing AI in payment hubs

Peter Reynolds told FinextraTV at EBADay 2026 that banks could apply AI more widely in forecasting, infrastructure support and pay...

By Rafael Ortiz · 1 month ago

Deals

Bain Capital agrees to buy European supply-chain platform SupplyOn

PE Hub reported that Bain Capital will acquire SupplyOn from AUMOVIO, Bosch, Schaeffler and ZF, with plans to add AI capabilities.

By Rafael Ortiz · 1 month ago