CVC Eyes $9bn Nexi Takeover
Private equity group CVC is reportedly considering a $9 billion bid for Italian payments firm Nexi. The possible deal has sparked political concern because Nexi is part of Italy's financial infrastructure.
Finextra ↗Private equity group CVC is reportedly considering a $9 billion bid for Italian payments firm Nexi. The possible deal has sparked political concern because Nexi is part of Italy's financial infrastructure.
Finextra ↗Airtel Africa is reportedly preparing to list its mobile money business on the London Stock Exchange and could raise up to $2 billion. The move would be a significant capital markets event for the telecom and payments group, but no regulatory action or enforcement is involved.
Finextra ↗Mercury received conditional approval from the OCC to establish Mercury Bank, N.A. This would let the company offer banking directly to customers under full federal oversight once remaining conditions are met.
Finextra ↗Stablecoins were a major topic at Nacha’s Smarter Faster Payments conference, where speakers discussed how US regulatory changes are shaping their role in the financial system. The article highlights the GENIUS and CLARITY Acts as key drivers of greater acceptance in payments.
Finextra ↗An Irish Central Bank survey found that 35% of adults say they have been victims of financial fraud. The bank warned that underreporting likely means the true scale and cost of fraud is higher than the survey suggests.
Finextra ↗OMS has integrated Curvestone AI’s compliance checking into its UK mortgage case workflow. The move brings automated compliance review directly into the mortgage origination process for intermediaries and lenders.
Finextra ↗The article argues that DeFi risk and crypto market transmission are too complex for simple prediction models. It recommends causal fuzzy cognitive maps to better understand how shocks move through interconnected crypto markets.
Finextra ↗A NextGen Nordics 2026 panel focused on how banks can manage outages and maintain always-on systems. Speakers from Icon Solutions, Vyntra, and Marginalen Bank discussed resilience in real time.
Finextra ↗A panel at NextGen Nordics 2026 discussed how payment firms can design experiences around people rather than just transactions. Speakers said AI should support customer experience and design thinking, not replace them.
Finextra ↗LemFi says it will move its global headquarters to London and invest £100 million in the UK over the next five years. The Nigerian-founded financial services platform serves immigrant communities and is expanding its presence in the market.
Finextra ↗Amazon Web Services quickly began offering new OpenAI products after Microsoft agreed to end its exclusive rights. The move includes OpenAI model offerings and a new agent service on AWS. This signals a notable shift in cloud distribution for major AI models.
TechCrunch ↗Google has signed a new contract to expand the Pentagon's access to its AI tools after Anthropic declined to support domestic mass surveillance and autonomous weapons use. The move highlights diverging policies among major AI vendors on defense applications and sensitive government use cases.
TechCrunch ↗MIT researchers have developed a new method that could make AI training more accurate and efficient on everyday devices. The approach is aimed at high-stakes uses such as health care and finance, including in under-resourced settings.
MIT News ↗OpenAI released Privacy Filter, an open-source model designed to detect and redact personally identifiable information. The model is distilled to run efficiently in a browser while still handling PII detection at scale. This is a product update from a major AI vendor with privacy and compliance relevance.
MarkTechPost ↗The article says Elon Musk repeated a familiar account of his early relationship with OpenAI under oath during his trial. It frames the testimony as part of an ongoing legal dispute rather than a new business or regulatory development.
TechCrunch ↗Amazon launched a new “Join the chat” feature on product pages that lets shoppers ask questions and get AI-generated audio answers. The update is aimed at making product research faster and more interactive for customers.
TechCrunch ↗Lovable has launched its vibe-coding app for iOS and Android, letting developers build web apps and websites on the go. The release expands access to the company’s AI-powered coding tools beyond desktop use.
TechCrunch ↗YouTube is testing an AI-powered search feature that provides guided answers to user queries. The feature is being rolled out on an opt-in basis to Premium subscribers in the U.S.
TechCrunch ↗Neurable is looking to license its non-invasive brain-computer interface technology for use in consumer wearables. The company says the neural data collection could support a range of consumer applications.
TechCrunch ↗Red Hat’s OpenClaw maintainer introduced Tank OS, a containerized setup designed to run OpenClaw AI agents more reliably and safely. The update is aimed at enterprises managing fleets of agents and reducing operational risk.
TechCrunch ↗