Industry News

AI

A deep dive into US cross-industry group looking to probe AI risks

In a move aimed at investigating the risks and applications of AI in cybersecurity, the R Street Institute has orchestrated a six-month-long working group.
Muinmos

Muinmos, TConsult partner to streamline digital investor tax declarations

Muinmos and TConsult, two prominent entities in the financial sector, have inked a deal focusing on digital tax solutions.
FCA

FCA proposes ‘new enlightenment’ for financial inclusion amidst cost-of-living crisis

In a bid to alleviate the strain of the ongoing cost of living crisis, the FCA is vowing to usher in an era of “new enlightenment” for financial inclusion.
Cyberstarts

Cyber investor Cyberstarts unveils robust $480m opportunity fund

Cyberstarts, a VC firm explicitly focusing on early-stage cybersecurity businesses, has secured a notable $480m for an opportunity fund.
Farther

WealthTech firm Farther achieves $131m valuation after bagging $31m

Farther, a progressive wealth management company, recently celebrated the closure of its Series B funding round on $31m.
Nexusflow

Gen AI firm Nexusflow clinches $10.6m in seed funding round

Nexusflow, a pioneering force in the Generative AI sector, has made headlines today by announcing a $10.6m seed round investment.

LendingClub reveals the strain of seasonal expenses on US financial health

LendingClub Corporation (NYSE: LC), the parent company of LendingClub Bank, and PYMNTS Intelligence have partnered to shed light on the financial challenges faced by US consumers.
ESMA

ESMA shifts focus: Navigating the digital and green transitions in 2024

The European Securities and Markets Authority (ESMA) has recently unveiled its work programme for 2024.
This week saw the FinTech sector flounder compared to seven days ago, as the space failed to meet the $1bn mark in deals completed.

FinTech sector drops this week with only 24 deals

This week saw the FinTech sector flounder compared to seven days ago, as the space failed to meet the $1bn mark in deals completed.
The European Central Bank is exploring the use of ChatGPT-like large-language models for document analysis and software testing.

ECB experiments with ChatGPT-style AI

The European Central Bank is exploring the use of ChatGPT-like large-language models for document analysis and software testing.

News Stories

FinTech

Another strong week for FinTechs with 26 deals recorded

FinTech Global reported on another powerful week in the FinTech sector, with a total of $783m raised across 26 deals.   This top performing deal...
FutureMoney launches micro-investing app to help families secure financial future

FutureMoney launches micro-investing app to help families secure financial future

FutureMoney, a FinTech company founded by industry veterans, has launched a new micro-investing platform aimed at helping families build generational wealth.
Camwood and Pentaho team up to enhance data analytics capabilities

Camwood and Pentaho team up to enhance data analytics capabilities

Camwood, a leading IT consultancy specialising in digital evolution through the lens of applications, has partnered with Pentaho, a subsidiary of the Japanese multinational conglomerate Hitachi, to bring its data analytics platform to market via a new managed services offering.
Erste Bank Hungary introduces innovative flight delay insurance with Companjon

Erste Bank Hungary introduces innovative flight delay insurance with Companjon

Erste Bank Hungary has launched Flight Delay Insurance, a new service available to its customers in the George app.
Dwolla partners with Visa to enhance account verification in pay by bank

Dwolla partners with Visa to enhance account verification in pay by bank

Dwolla, a leading U.S.-based account-to-account (A2A) payment solution provider, has announced a strategic collaboration with Visa, a world leader in digital payments.

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