Return of the cash? Nationwide’s ATM network sees huge 154% withdrawal surge
As the cost-of-living crisis continues to impact households, Nationwide's data reveals a surprising trend - a big increase in cash usage.
Blackstone set to make first Japanese FinTech investment with Sony Payment Services deal
Blackstone, a global alternative asset manager, renowned for its diverse investment portfolios, have signed a definitive agreement to acquire a majority stake in Sony...
UAE and Hong Kong unite to enhance financial cooperation
The UAE Banks Federation (UBF) and the Hong Kong Association of Banks (HKAB) have recently entered a significant MoU.
Bumper secures $48m for expanding flexible auto payments in Europe
Bumper, a FinTech firm specialising in automotive payments, has successfully closed a significant $48 million Series B funding round.
Tackling technical debt in the insurance industry
Technology is the cornerstone of the modern insurance sector, yet grappling with technical debt remains a significant challenge for many insurers. Technical debt arises when shortcuts in IT infrastructure accumulate, impeding sustained and robust practices for long-term growth, as Hyperexponential explain.
US’ FinCEN implements stricter reporting to combat financial crimes
The US Department of the Treasury’s FinCEN has initiated a step in enhancing corporate transparency and combating illicit finance.
Ushur launches Studio to bring Customer Experience Automation to business users
Ushur, a prominent figure in AI-powered Customer Experience Automation™ (CXA), has introduced Ushur Studio, a next generation no-code and generative AI-enabled environment.
SonicWall expands SASE capabilities with Banyan Security acquisition
SonicWall, a cyber leader, has announced its acquisition of Banyan Security, a prominent provider of security service edge solutions.
Payments veteran Irina Chuchkina joins Volt as chief marketing officer
Volt, a real-time payments platform, has made a strategic appointment by bringing in Irina Chuchkina as its first Chief Marketing Officer.
A year of innovation and growth: IntellectAI’s impact in FinTech for 2023
2023 marked a significant milestone for IntellectAI, as the firm made new ventures into new territories of innovation.
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