Tag: AI in Finance

VeriPark and FICO partner to drive financial inclusion with AI in...

VeriPark, a global provider of innovative digital solutions, and FICO, a renowned analytics software company, have embarked on a partnership.

Indonesian microfinance company Amartha secures $17.5m

Indonesian microfinance technology company, Amartha, has received a $17.5m equity investment from the Accion Digital Transformation Fund.

Cloud-based finance leader AccountsIQ secures €60m Series C investment

AccountsIQ, a prominent player in the cloud-based accounting software arena, has successfully closed a €60m Series C funding round.

Aidentified secures $12.5m in Series B funding led by FactSet

Aidentified, Inc., a prominent AI-driven platform offering relationship intelligence and prospecting solutions, has successfully raised $12.5m in a Series B funding round led by FactSet, a global leader in digital financial solutions and enterprise services.

Combating generative AI fraud: Effective strategies for detecting fake documents

Fraudsters can now easily create fake documents online or purchase forged ones with just a few clicks. As a result, detecting document fraud has become...

How Napier AI leads the charge in compliance-first transaction monitoring

The financial sector, including banks, payment firms, FinTechs, and wealth and asset managers, faces significant challenges in interpreting regulatory guidance and converting it into...

Osome secures $17m to enhance SMB finance solutions

Osome, a prominent finance admin platform for founders and small and medium-sized businesses (SMBs), has successfully closed its Series B funding round, securing over $17m in capital.

WealthTech’s new horizon: Catering to the Millennial and Gen Z investment...

The financial domain is on the brink of a transformative era, driven by the digital-first mindset of Millennials and Gen Z. These generations are not just reshaping the investment landscape with their tech-savviness and social awareness, but they're also the catalysts for the dynamic evolution of WealthTech. This sector is now keenly focused on tailoring its offerings to meet the unique preferences of these emergent financial powerhouses.

Duco enhances data automation capabilities with strategic acquisition of Metamaze

Duco, the leading SaaS provider of AI-powered data automation, has recently completed the strategic acquisition of Metamaze, a fast-emerging name in the unstructured data ingestion and Intelligent Document Processing (IDP) space.

Finastra and Databricks forge alliance to revolutionize FinTech with advanced AI...

Finastra, a global leader in financial software applications and marketplaces, and Databricks, a renowned data and AI company, have announced a strategic collaboration.

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