PayPal Ventures and StepStone Group have led a $30 million investment in Rasa, a prominent generative artificial intelligence (AI) company, marking PayPal’s entry into the […]
Tag: AI
Entrust Explores Acquisition of Onfido: Enhancing Identity Verification
Entrust, a renowned global leader in payments, identities, and data security, has initiated discussions to acquire Onfido, a prominent London-based company specializing in cloud-based, AI-powered […]
Sampath Bank, a local bank, yet tech savvy
Sri Lanka’s Sampath Bank has many digital banking services that makes banking highly convenient for customers: Sampath Bank of Sri Lanka is a pure local […]
KPMG UK and Xceptor Forge Strategic Alliance to Revolutionize Tax Solutions
KPMG UK and Xceptor, a leading intelligent automation platform for financial markets, have announced a strategic partnership aimed at revolutionizing tax solutions for financial services. […]
Downpayments Launches in Florida with $32.8 Million Funding Boost
US-based lender Downpayments has entered the Florida market, backed by an impressive $31.8 million in initial debt funding from Partners for Growth and an additional […]
Technology Frontiers 2024: The Microservices era of Modernization
Embark on a transformative journey into the future of banking technology with Financial Technology Frontiers. In a riveting discussion, meet Mr. Vaidyanathan V, CIO of […]
RBI Urges Strengthening of Financial Institutions Amid Evolving Risks
The Reserve Bank of India (RBI) recently released its “Trend and Progress of Banking in India 2022-23” report, highlighting the need for financial institutions, including […]
bunq Revolutionizes European Banking with GenAI Platform, Finn
Amsterdam, December 19, 2023 – In a groundbreaking move, bunq, the second largest neobank in Europe, has unveiled Finn, its proprietary Generative AI-driven platform, […]
Singapore FinTech Festival 2023 Attracts Record 66,000 Participants
Singapore, November 24, 2023 – The eighth edition of the Singapore FinTech Festival (SFF) concluded on November 17, 2023, witnessing an unprecedented turnout of 66,000 […]
Fed steps into the Instant space
The US Federal Reserve has come out with an instant payment facility it has developed for use by the financial services institutions for the benefit […]