Tag: Banking

Plum scores $3m in funding, alongside release of app for Android...

Plum, an AI-powered personal finance management chatbot, has scored $3m in funding to support European expansion.

Banks will need to balance innovation and risk management over next...

While technology and data advances will enable banks to offer hyper-personalized and automated services, they will need to find balance between innovation and risk management, HSBC report claims.

Santander becomes majority stakeholder in Ebury after £350m deal

Ebury, a trade and foreign exchange facilitator for small and medium-sized companies, has collected £350m in an investment from Banco Santander.

Ripple to foster faster cross-border payments with Finastra deal

Ripple is offering its blockchain technology through Finastra’s payment solutions to support faster cross-border payments.

Finastra owners reportedly looking to sell a stake in the business

Vista Equity Partners is reportedly looking to sell a minority stake in Finastra, a financial software developer.

DataRobot scores $206m Series C to support product development

AI and machine learning technology solution developer DataRobot has scored $206m in its Series E round.

YES BANK partners with Microsoft to strengthen its AI-powered chatbot

Mumbai-based YES BANK has tapped Microsoft to develop its new AI-enabled chatbot name YES ROBOT.

Increasing number of millennials falling victim to fraud scams

Number of millennials falling victim to scams designed to trick people into handing over cash to fraudsters is rising more than any other age group, according to a study from Lloyds Bank.

OneConnect to offer products in Europe through finleap deal

OneConnect, an affiliate of Ping An Insurance, will offer its FinTech software-as-a-service (SaaS) to the European market via finleap in a new partnership.

Bitwala releases mobile-based bitcoin banking app

Bitwala has released bitcoin banking for mobile phones, giving consumers the power to open a German bank account with an integrated bitcoin wallet and trading via their smartphone.

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