Finastra and Databricks forge alliance to revolutionize FinTech with advanced AI and data solutions
Finastra, a global leader in financial software applications and marketplaces, and Databricks, a renowned data and AI company, have announced a strategic collaboration.
Data analytics provider Peak nets £2.5m Series A
Data analytics company Peak has netted £2.5m in its Series A financing round led by MMC Ventures.
PrecisionLender receives undisclosed funding from Insight
Pricing platform for banks PrecisionLender has received a minority investment from Insight Venture Partners and Georgian Partners.
CRE Simple closes seed investment from Grand Ventures and Fin Venture Capital
CRE Simple has closed a seed investment which was led by Grand Ventures and Fin Venture Capital.
Truera comes out of stealth to fix the “black box” mystery around machine learning
Truera claims to be the industry’s first model intelligence platform and has launched from stealth to help the market remove the mystery around machine learning.
US trade report highlights challenges for bolstering financial inclusion
A new report by six US trade groups has underlined the obstacles and solutions for boosting financial inclusion and access across the US.
Enfuce partners with Bud to bring its carbon tracking engine to UK
Finnish FinTech Enfuce has entered a collaboration with UK open banking firm Bud to bring the former’s carbon tracking engine to the UK market.
HKMA unveils new guide to aid banks with RegTech solution implementation
The Hong Kong Monetary Authority (HKMA) has introduced a Regtech Adoption Practice Guide that aims to offer banks with guidance on how to implement RegTech solutions.
Almost three-quarters of FinTechs see AI as biggest changemaker in next five years
A report by payments technology firm Tribe Payments has found 67% of FinTechs believe AI is the technology that will have the biggest impact on the sector in the next five years.
How financial institutions can succeed in mobile banking post-pandemic
A OneSpan blogpost has underlined how financial institutions (FIs) can compete in the mobile banking sector following the shifts brought about by the Covid-19 pandemic.
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