Grab to buy 60% of Atome Financial for $1.49B in consumer lending push
Grab Holdings has agreed to acquire a 60% stake in Atome Financial for $1.49 billion in cash, a deal that ...
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OpenAI reports new AI safety incidents, sets disclosure plan
OpenAI shared several undisclosed incidents of its AI models misbehaving and unveiled a new framework for tracking and disclosing such ...
Prompt injection attacks: When AI follows someone else’s orders
Say you get a message requesting a list of everyone you contacted in the past month. FinAi News readers would ...
Grasshopper Bank ‘disappointed’ in Enova’s acquisition withdrawal
Grasshopper Bank remains confident in its innovation strategy after fintech Enova International backed out of its proposed acquisition of the ...
AI foundation, tech readiness key players in bank M&A deals
The banking industry is going through a wave of M&A, and tech readiness is a key part in the calculation. ...
Fed raises rates as Warsh bucks Trump to contain inflation
The Federal Reserve raised interest rates by a quarter percentage point and penciled in an additional hike later this year, ...
Agentic AI shopping could be important purchase channel for Chase Auto
Lender Chase Auto is evaluating ways to use agentic AI as the share of customers using the technology to research ...
Revolut bids for Swiss banking license in global growth push
Revolut Ltd. has applied for a banking license in Switzerland in its latest expansion push, after winning regulatory approvals to ...
5 questions with … U.S. Bank CISO Ann Barron-DiCamillo
AI capabilities are growing exponentially and FIs need to rely on fundamental security principles and collaboration to stay ahead of ...
Truist deploys AI Call Summaries to 4K employees
Truist has rolled out its AI Call Summaries tool to all call center employees. The $549 billion, Charlotte, N.C.-based bank ...
