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, 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 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.
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.
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.
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 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.
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.
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.