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Nasdaq Verafin, Stablecore Collaborate on Financial Crime Detection

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Nasdaq's (NDAQ) financial crime management unit Nasdaq Verafin and Stablecore said Tuesday that they have formed a partnership to combine traditional banking and digital asset transaction data to help financial institutions detect financial crimes.

Under the partnership, the companies said Stablecore's digital asset transaction activity data will be integrated into the Nasdaq Verafin platform to provide banks and credit unions with a consolidated view of activity across traditional and digital asset channels.

The companies said Stablecore will hold digital asset and transaction information without storing personally identifiable information, while customer and account data will remain in the core banking system.

The integration is currently in beta, with plans to roll out to mutual customers in Q4 as well as in Q1 of 2027, the companies said. Financial terms were not provided.

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Veea, NovaGen Sign Term Sheet for Potential $750 Million Combination

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Contineum Therapeutics Says Phase 2 Major Depressive Disorder Study Fails to Meet Primary Efficacy Endpoint

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Market Chatter: OpenAI Acquires Camera Startup Glass Imaging

Microsoft-backed (MSFT) OpenAI quietly acquired Glass Imaging, a startup developing AI-powered smartphone camera technology aimed at matching DSLR image quality, The Wall Street Journal reported Monday, citing people familiar with the matter.The deal valued Glass Imaging at more than $300 million, some of the people said, according to the report. OpenAI's exact plans for Glass Imaging are not clear, the report added.OpenAI and Glass Imaging did not immediately respond to requests for comment from.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)Price: $506.92, Change: $+11.29, Percent Change: +2.28%

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