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Germany's BaFin to Enhance Oversight of AI in Banking Sector
Fintech 2 min read

Germany's BaFin to Enhance Oversight of AI in Banking Sector

Germany's financial regulator BaFin is set to intensify its scrutiny of AI applications in banks and insurers, following the new EU AI Act. This move aims to ensure compliance with transparency and safety standards in financial services.

PYMNTS
30 Jul 2026, 09:46 GST
Fintech 2 min read

Mitrade Chooses Volt for Instant Payments Across Europe

Mitrade partners with Volt to enhance its trading platform with real-time payment capabilities in the EU, signaling a shift towards more efficient financial transactions in the fin...

Finextra · 30 Jul 2026 2 min read
Lakestar Secures $300 Million to Bolster European Tech Sovereignty Amid Global Competition
Venture Capital 2 min read

Lakestar Secures $300 Million to Bolster European Tech Sovereignty Amid Global Competition

Lakestar's new $300 million fund aims to enhance Europe's defense and dual-use technology capabilities, addressing critical vulnerabilities in the region's tech landscape.

PYMNTS · 30 Jul 2026 2 min read