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Rasa Secures $30 Million Funding Led by PayPal, Marking Payments Giant’s AI Debut

February 22, 2024
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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 […]

PayPal’s Foray into Stablecoins: The Dawn of PayPal USD

August 9, 2023
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San Jose, California – Leading global payment powerhouse, PayPal, has stepped into the limelight with the unveiling of its own stablecoin, “PayPal USD.” This strategic […]

CRR3: EBA Advances Risk and Reporting Standards Across the EU
The European Banking Authority (EBA) has made significant strides in rolling out the next phase of CRR3 (Capital Requirements Regulation III), setting the stage for […]
U.S. Bank and Fiserv Partner to Advance Credit Card Solutions for Financial Institutions
In a strategic move aimed at enhancing digital credit card offerings, U.S. Bank and Fiserv have announced a partnership to integrate Elan Financial Services, U.S. […]
TD Bank Launches TD AI Prism – A Groundbreaking Predictive Foundation Model to Transform Customer Personalization
In a major stride toward AI-powered banking, TD Bank Group has unveiled TD AI Prism, an internally developed predictive AI foundation model designed to revolutionize […]
Deutsche Bank Appoints Stefan Schaffer as CEO of Deutsche India GCC
Deutsche Bank has appointed Stefan Schaffer as the new Chief Executive Officer (CEO) of Deutsche India, its Global Capability Centre (GCC), signaling a continued strategic […]
U.S. Bank Global Fund Services Taps Fenergo to Drive Digital Investor Onboarding
U.S. Bank Global Fund Services (GFS) has selected Fenergo, a leading provider of Client Lifecycle Management (CLM) solutions, to digitize and streamline its investor onboarding […]