Tag: Artificial Intelligence

Financial Institutions are shifting their workload to the cloud in 2024

This research was derived from a 2023 survey conducted by McKinsey and The Institute of International Finance of 37 financial services companies around the...

Peppermint Innovation secures A$1.1m for AI and customer experience advancements

Peppermint Innovation, an ASX-listed FinTech company, has successfully raised AUD $1.102m in a recent funding round. The investment came through a placement to sophisticated and...

Navigating API security: Key strategies for safer applications

In today's digitally-driven world, the proliferation of web applications has made accessing vast troves of information nearly instantaneous. However, this convenience raises important security considerations. The risk of private data breaches, financial theft, or total data loss due to cyber-attacks is a pressing concern for any organization striving to stay ahead in a competitive market.

Madrid-based FinTech Embat secures €14.7m in Series A funding for treasury...

Madrid-based Embat, known for its real-time treasury management solutions, has secured a hefty €14.7m in Series A funding.

Warwick University’s £1.25m leap into AI and FinTech innovation

The University of Warwick has been endowed with a significant £1.25m donation, earmarked for the groundbreaking FutureFinance.AI Research Group. This initiative, hosted within the prestigious...

The UK dominates European Lending Tech in 2023 with a 47%...

Key Lending Tech investment stats in 2023: • European Lending Tech deal activity totalled at 43 transactions in 2023, a 45% decrease from 2022 • European...

UK remains the leading InsurTech hub in Europe as investment nearly...

Key European InsurTech investment stats in 2023: • European InsurTech deal activity totalled at 126 deals in 2023, a 44% reduction from the previous year •...

Levr.ai clinches $1m boost to revolutionise small business lending with AI

Canada-based Levr.ai, the cutting-edge intelligent loans software platform, has successfully raised an additional $1m in seed funding, building on its previous fundraising efforts which have now totalled over $2.5m.

Clarity secures $16m in seed funding to combat Deepfakes with AI...

Clarity, an innovative firm specialising in AI cybersecurity, has successfully secured $16m in seed funding. The round was led by prominent investors Walden Catalyst and Bessemer Venture Partners, marking a significant step forward for the company.

Verto partners with Resistant AI for groundbreaking document verification

Verto, the innovative cross-border payment platform catering to emerging economies, has announced a strategic partnership with Resistant AI, specialists in AI- and machine learning-powered financial crime prevention.

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