Category: Fintech

CybersecurityFintechStartups

Spanish Cybersecurity Firm Acoru Secures €10 Million to Combat AI-Powered Financial Crime

Acoru, a Madrid cybersecurity platform specializing in AI fraud prevention, has raised €10 million in Series A funding. The company’s technology helps financial institutions detect criminal intent before transactions occur, addressing a growing $500 billion global fraud problem.

Funding for Next-Generation Fraud Prevention

Spanish cybersecurity platform Acoru has reportedly secured €10 million in Series A funding to expand its AI-powered fraud and money laundering detection technology, according to investment reports. The Madrid-based startup, founded in 2023 by cybersecurity veterans, focuses on predicting and preventing financial crime before transactions are initiated.

by Darren Holt
BusinessFintechInnovation

Europe Emerges as Key Battleground in AI-Powered Autonomous Payments Revolution

European fintech startups are positioning themselves at the forefront of the emerging agentic payments sector, leveraging AI to create autonomous transaction systems. With €5 billion invested in European AI agent deals this year and major partnerships forming, the continent is becoming a critical testing ground for this financial technology innovation.

Europe’s Fintech Sector Embraces AI Payment Revolution

European financial technology companies are reportedly positioning themselves as frontrunners in the emerging field of agentic payments, according to industry analysis. This new subsector of AI-driven payment systems enables autonomous transactions without human intervention, with proponents suggesting it could transform both consumer and business financial operations.

by Darren Holt
AIBankingFintech

HSBC Forges AI Framework Balancing Speed With Payment Integrity

Global banking giant HSBC is implementing artificial intelligence across payment systems with rigorous governance protocols. The institution reportedly views AI as a “force multiplier” rather than standalone solution, emphasizing human oversight and transparent model documentation.

The Trust Imperative in AI-Driven Payments

As artificial intelligence reshapes financial transactions, global institutions like HSBC face the dual challenge of accelerating payment velocity while maintaining unwavering reliability, according to reports. Sources indicate the bank has developed what it terms a “trusted framework” where AI implementation intersects directly with governance protocols.

by Mason Drayton