AGP Executive Report
Last update: 10 hours agoBanking & Payments Security: Starling rolled out two new anti-fraud tools—an app lock triggered by snatch-theft phone movement and a “safe locations” control for withdrawals from Spaces—after data showed a sharp rise in losses from snatch-theft and shoulder-surfing scams. Open-Source AI in Finance: Santander published more than a dozen AI projects under an open-source licence via GitHub, aiming to improve security, privacy, governance and traceability through community development. Tokenisation & Fraud Prevention: Juniper Research says network tokenised transactions should grow at an 18.1% CAGR through 2031, driven by fraud reduction and broader adoption as tokenisation becomes the credential layer for digital commerce. Regulation & AI Risk: India’s Supreme Court set aside an NCLT decision after it relied on hallucinated AI-generated citations, warning courts and lawyers to use AI precedents only after verification. Corporate Finance Moves: ING reported progress on its €1bn share buyback, repurchasing 950,000 shares in the week to July 3. Fintech Expansion in the Region: Arada Capital received in-principle FSRA approval in ADGM to build a US$5bn real-estate and private-markets fund platform across the Gulf. Industrial Finance Focus: Sovcombank urged NGOs to shift from ad-hoc fundraising to measurable, partnership-style financing models for long-term support.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.