Tag: financial technology

In recent years, the integration of generative artificial intelligence (GenAI) tools within the financial sector has seen remarkable growth. A study conducted by ORX, a leading operational risk association, reveals that 75% of the world’s major banks and insurers are now utilizing external GenAI applications in their operations.

Trustly, a prominent payments company, has recently announced a significant initiative aimed at propelling business growth throughout Europe.

Tiller Technologies, a leading RegTech company, has teamed up with HSBC Expat, a branch of HSBC Bank specialised in services for expatriates, excels in offering tailored banking solutions across the globe.

Backbase, described as the global leader in Engagement Banking, has entered into a strategic partnership with EverBank, known for its comprehensive financial services across consumer and commercial sectors. 

Antler, a prominent zero-day investor, recently announced a substantial investment totalling more than £1m in nine promising British tech startups.

Tabs, an AI-powered accounts receivable platform for B2B businesses, has successfully closed a $7m seed funding round.

bolt, an InsurTech leader with the largest technology-enabled insurance exchange in the US, today announced the significant appointment of Matt More as the Chief Financial Officer (CFO) for North America.

Avenir, a UK-based WealthTech firm, has successfully secured $530,000 in pre-seed funding.

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.

In the financial sector, the spotlight has recently intensified on non-financial misconduct, spurred by the Financial Conduct Authority's (FCA) focused initiatives and investigations into issues like sexism, bullying, and discrimination.