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Stripe Issuing gets charge card programme

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Stripe Issuing gets charge card programme

Stripe is adding a charge card programme to its commercial issuing product, enabling firms to distribute virtual or physical plastic that allow their customers to spend on credit rather than the funds in their accounts.

JP Morgan launches Payment Partner Network

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JP Morgan launches Payment Partner Network

JP Morgan has unveiled its Payments Partner Network, a B2B digital marketplace, powered by Salesforce, that allows the bank's merchants and corporate treasury clients to tap into an ecosystem of third party integrations for their end-to-end payments and working capital needs.

Kasisto launches KAI-GPT banking-specific LLM

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Kasisto launches KAI-GPT banking-specific LLM

Conversational AI chatbot developer Kasisto has launched KAI-GPT, the world’s first banking-specific large language model (LLM).

HSBC partners Quantinuum for quantum computing research

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HSBC partners Quantinuum for quantum computing research

HSBC is working with tech firm Quantinuum on a series of exploratory projects looking at the use of quantum computing in banking.

BIS explores use of data, tech and collaboration to combat money laundering

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BIS explores use of data, tech and collaboration to combat money laundering

Using payments data, privacy-enhancing technologies, AI and enhanced cooperation for a behavioural-based analysis approach to detecting money laundering networks is more effective than the current rules-based approach, concludes new research from the BIS Innovation Hub.

'All access pass' payments platform NomuPay raises $53.6 million

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'All access pass' payments platform NomuPay raises $53.6 million

Dublin-headquartered unified payments platform NomuPay has raised $53.6 million to unlock local payment acceptance and payout disbursements for enterprises in Southeast Asia, Turkey and Europe.

MAS and Google Cloud collaborate on generative AI

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MAS and Google Cloud collaborate on generative AI

The Monetary Authority of Singapore is to work with Google Cloud to explore potential use cases for generative AI.

BIS panel to promote harmonisation of API protocols in cross-border payments

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BIS panel to promote harmonisation of API protocols in cross-border payments

The Bank for International Settlements is calling on market participants to join a panel working on the harmonisation of API protocols for cross-border payments.

BNY Mellon to create AI R&D hub in Ireland

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BNY Mellon to create AI R&D hub in Ireland

BNY Mellon is to invest €8 million in the creation of a digital R&D hub in Dublin that will drive innovation in AI and data analytics for the US bank's global client base.

JPMorgan Chase axes hundreds of tech jobs - CNBC

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JPMorgan Chase axes hundreds of tech jobs - CNBC

JPMorgan Chase has laid off about 500 people, most of them in working in technology and operations groups, according to CNBC.

Digital euro could smoothly integrate into payments landscape - Nexi

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Digital euro could smoothly integrate into payments landscape - Nexi

A digital euro could be smoothly integrated into the existing European payments landscape while leaving ample scope for innovative features and technologies, testing from the ECB and Italian outfit Nexi has shown.

Plastiq files for bankruptcy; agrees acquisition deal with Priority

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Plastiq files for bankruptcy; agrees acquisition deal with Priority

Plastiq, a US B2B payments firm for SMEs, has filed for bankruptcy and entered into a stalking horse agreement to have its assets acquired by unified commerce platform Priority Technology.

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