Tag: Banking
Lottery-styled bank account Yotta Savings closes $3.3m funding round
Yotta Savings, a mobile app where saving money gives people the chance of winning $10m, has reportedly closed a funding round on $3.3m.
B-North bolster its roster by picking Newcastle Strategic Solutions for savings...
Having already tapped nCino and Mambu to build its technological banking backbone, B-North has now signed another partnership.
Less than a fifth of banks use AI technology holistically
Despite nearly all commercial banks using AI, only 19% are using the technology holistically across the enterprise, according to a study from Genpact.
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.