NEW YORK — The Nasdaq Stock Market index is using AI to streamline its efforts to investigate suspicious trading and anti-money laundering.  The New York-based exchange is using gen AI to identify behaviors like pump-and-dump or spoofing schemes in trading, Tony Sio, head of regulatory strategy and innovation at Nasdaq, said at this week’s AWS…

AMSTERDAM — Consumers are more likely to interact with a business with a frictionless payment experience in place.   Sixty-one percent of merchants say payments is a high area of focus, according to Discover Global Network’s “Payment State of the Union” report, released June 3. The report, which surveyed 5,030 consumers and 2,258 merchants globally,…

In discussion with other investors, we were talking about what’s hot and what’s not in fintech. What’s hot I discussed the other day. What’s not is today’s discussion. Our conclusion was that digital banking, neobanks and challengers, BaaS, payments, lending and other well trodden fintech fields are no longer hot. Been there, done that. These are the areas……

Things we’re reading today include … Money20/20 Europe Unveils Six Incredible Fintech Startups And Industry Disruptors (crypto-reporter.com) Project mBridge reaches minimum viable product stage and invites further international participation (bis.org) Watchdog orders Deutsche Bank to re-examine 20,000 risky customers by June (yahoo.com) NatWest’s virtual ‘assistant’ handling double the number of customer queries | Express &……

Things we’re reading today include: How To Rob a Bank: the wild true story of ‘Point Break’ robber Scott Scurlock, the (telegraph.co.uk) Beware the Bank of Mum and Dad’s grey areas (ft.com) Major bank with 1.5 million customers axes popular service ‘after 25 years’ (yahoo.com) Bank of Canada cuts rates by 25bp | articles |……

Things we’re reading today include: How To Rob a Bank: the wild true story of ‘Point Break’ robber Scott Scurlock, the (telegraph.co.uk) Beware the Bank of Mum and Dad’s grey areas (ft.com) Major bank with 1.5 million customers axes popular service ‘after 25 years’ (yahoo.com) Bank of Canada cuts rates by 25bp | articles |……

Things we’re reading today include: How To Rob a Bank: the wild true story of ‘Point Break’ robber Scott Scurlock, the (telegraph.co.uk) Beware the Bank of Mum and Dad’s grey areas (ft.com) Major bank with 1.5 million customers axes popular service ‘after 25 years’ (yahoo.com) Bank of Canada cuts rates by 25bp | articles |……

Things we’re reading today include: How To Rob a Bank: the wild true story of ‘Point Break’ robber Scott Scurlock, the (telegraph.co.uk) Beware the Bank of Mum and Dad’s grey areas (ft.com) Major bank with 1.5 million customers axes popular service ‘after 25 years’ (yahoo.com) Bank of Canada cuts rates by 25bp | articles |……

Things we’re reading today include: How To Rob a Bank: the wild true story of ‘Point Break’ robber Scott Scurlock, the (telegraph.co.uk) Beware the Bank of Mum and Dad’s grey areas (ft.com) Major bank with 1.5 million customers axes popular service ‘after 25 years’ (yahoo.com) Bank of Canada cuts rates by 25bp | articles |……

Things we’re reading today include: How To Rob a Bank: the wild true story of ‘Point Break’ robber Scott Scurlock, the (telegraph.co.uk) Beware the Bank of Mum and Dad’s grey areas (ft.com) Major bank with 1.5 million customers axes popular service ‘after 25 years’ (yahoo.com) Bank of Canada cuts rates by 25bp | articles |……