Tag: AI in FinTech

US FinTech funding halved in Q2 as investors grow risk averse

Key US FinTech investment stats in Q2 2024: US FinTech deal activity halved in Q2 from the opening quarter of the year The average...

Integrum ESG secures £3m from YFM to enhance AI-driven ESG data...

YFM Equity Partners has channelled £3m into Integrum ESG, a London-based platform distinguished by its cutting-edge provision of live ESG data insights.

London-based Abound leads the pack for the biggest FinTech deal in...

Key United Kingdom FinTech investment stats in H1 2024: UK FinTech deal activity on track to fall by over 50% for the year Average...

Colombian FinTech investments surged taking four top 10 deals in H1

Key Latin American FinTech investment stats in H1 2024: Colombia FinTech investments experienced an uptick and secured four of the top 10 deals in...

Fenergo launches AI-powered CLM to enhance compliance and efficiency

Fenergo, the leading provider of digital solutions for KYC, CLM and transaction monitoring, has launched AI Powered CLM.

AI-driven data security platform Symmetry Systems lands $17.7m funding

Symmetry Systems, a prominent data security firm, has announced the closure of its latest funding round on $17.7m.

Large language models in FinTech: A boon or bane for compliance...

The technological revolution is making the job of compliance officers increasingly intricate. From record-keeping to monitoring approved communication channels and adapting to the ever-changing world of social media advertising, the list of challenges seems endless. A burning question for many is the potential influence of large language models (LLMs) on their profession. Will LLMs simplify their tasks or add complexity?

Cognaize secures $18m in series A funding to bolster AI-driven FinTech...

New York-based Cognaize, an intelligent document processing (IDP) company harnessing proprietary hybrid intelligence technology, announced the closure of an $18m Series A funding round.

Ramp acquires AI pioneer Cohere.io to revolutionise FinTech services

FinTech firm Ramp has announced the acquisition of Cohere.io, a leading AI-powered customer support platform.

Sumsub reveals future-proof, full-cycle verification platform

London-based Sumsub, a globally acclaimed identity verification leader, today announces a revolutionary shift in its market positioning with the launch of a new full-cycle verification platform.

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