Tag: Banking

Yotta Savings, a mobile app where saving money gives people the chance of winning $10m, has reportedly closed a funding round on $3.3m.

Having already tapped nCino and Mambu to build its technological banking backbone, B-North has now signed another partnership.

Despite nearly all commercial banks using AI, only 19% are using the technology holistically across the enterprise, according to a study from Genpact.

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

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.

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

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

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

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

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