DTCC’s Year of Execution: Insights from Frank La Salla’s Letter
In the Annual Report 2024, Frank La Salla, President, Director, and CEO of DTCC, reflects on a year marked by historic changes to market structure in the financial industry.
OnCorps AI and Xceptor partner to deliver enhanced automation solutions to the financial services industry
Xceptor and OnCorps AI are partnering to bring advanced reconciliations and confirmations solutions to the industry.
Carrington Labs accelerates U.S. growth with appointment of Brian Perry as VP of Sales
Carrington Labs, a leader in explainable AI-powered credit risk scoring, has appointed Brian Perry as Vice President of Sales.
Anti-money laundering pros find expanding uses for AI, but adoption remains slow
Using AI technology in anti-money laundering processes has become critical for financial institutions as they work to comply with regulations and combat financial crime.
AI fintech company Lendbuzz completes $262 million asset-backed securitization
Lendbuzz, an AI-based US fintech company that helps consumers obtain better access to credit when purchasing a vehicle, has closed a $262 million securitization.
AI fintech company Powder closes $5 million seed funding round
Powder, a fintech company that creates Generative AI agents, have announced today that it has closed a $5 million seed funding round.
Geopolitical and Cyber Risks remain top threats to the Financial Services Sector in 2025
DTCC’s annual Systemic Risk Barometer Survey identifies Geopolitical and Cyber Risk as the top threats to the financial services industry in 2025.
Cardo AI announce $15 million Series A Funding led by Blackstone, FINTOP Capital and JAM FINTOP
Cardo AI has completed its $15 million Series A round co-led by Blackstone Innovations Investments, FINTOP Capital and JAM FINTOP.
