Tag: AI in FinTech

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.

Klarna’s path to profitability: Stellar Q1 results and a new partnership...

Klarna, the AI-enhanced global payments network and shopping service, recently unveiled its first-quarter results, showcasing impressive growth surpassing ecommerce trends.

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