Tag: Financial Services

How digital account fatigue is crippling UK consumer engagement

New research from Beyond Encryption indicates that 'account fatigue' significantly impacts customer engagement with FinTech portals and platforms. UK consumers, managing about 119 different online accounts on average, report feeling overwhelmed by the sheer number of logins required, especially in the financial sector.

Finmid secures €35m to revolutionise embedded financing for B2B platforms across...

Finmid, the Berlin-based FinTech innovator, has announced a significant €35m funding round as it emerges from stealth mode.

The role of LLMs in enhancing BFSI operational efficiency and customer...

The advent of generative AI is not just a futuristic vision but a present reality transforming how businesses communicate with customers. This cutting-edge technology, underpinned by large language models (LLMs) like GPT-4, BERT, ELECTRA, and RoBERTa, is setting new standards for customer interaction and service delivery. It enables systems that not only manage communications but also predict and adapt to customer needs with unprecedented personalization and efficiency.

TaxDown secures €5m investment to innovate tax filing in Spain and...

TaxDown, a Madrid-based startup, has recently concluded a significant funding round, securing €5m to propel its growth.

Regnology clinches prestigious Google Cloud award for its transformative financial reporting...

Regnology, renowned for its cutting-edge regulatory reporting solutions, has been named the 2024 Google Cloud Industry Solution Partner of the Year in the Financial Services and Insurance sector.

Navigating the new era of compliance: AI innovations in wealth management

In the latest episode of Napier AI's podcast series, the spotlight shines on the transformative power of automation in the compliance processes within the Wealth & Asset Management sector.

Digital lending leader KreditBee boosts Series D with $9.4m, eyes expansion

KreditBee, a leading digital lending platform, has recently announced a successful $9.4m extension to its Series D funding round.

Singapore-based FinTech FlexM Global AS welcomes $12.5m investment from 6G Digital

6G Digital Private has entered a significant partnership by acquiring a 25% stake in FlexM Global AS, a trailblazing FinTech firm based in Singapore, for an impressive sum of $12.5m.

Italian FinTech remains resilient with only a slight 4% drop in...

Key Italian FinTech investment stats in 2023 • Italian FinTech deal activity reached 61 transactions in 2023, a 4% reduction from 2022 • Italian FinTech companies...

Bavest secures €1.1m in pre-seed funding to enhance AI-driven FinTech solutions

Bavest, a pioneering B2B FinTech company based in Germany, has announced a significant milestone in its journey with the closure of a €1.1m pre-seed funding round.

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