1344 articles tagged with this keyword
News/ai
Swiss bank UBS is using AI models to create video avatars of its analysts to share with clients.
20 May 2025
News/security
JPMorgan Payments is supplying treasurers with an AI-generated Account Confidence Score, enabling corporate clients to assess fraud risk before initiating a payment.
BNPL giant Klarna says it is fast approching $1 million in revenue per employee, spearheaded by its aggressive uptake of AI.
Temenos has launched a GenAI co-pilot for its retail banking core product, enabling banks to test and launch new products faster.
Lloyds and Nationwide-backed fintech Aveni has released the first version of its domain-specific large language model for financial services, FinLLM.
19 May 2025
AI-powered B2B embedded finance platform CrediLinq has closed a $8.5 million Series A funding round led by OM/VC and MS&AD Ventures.
16 May 2025
News/payments
Lloyds banking Group is to pair inhouse-developed GenAI with transaction categorisation data from Moneyhub to give customers real-time insights into their spending habits.
15 May 2025
NatWest is bombarded with 100 million cyber attacks every month, the UK bank's head of cyber security has revealed.
BBVA has nearly quadrupled the number of its ChatGPT Enterprise licences after concluding that the technology saves employees nearly three hours a week.
14 May 2025
American investing app Stash has raised $146 million in an oversubscribed Series H funding round led by Goodwater Capital.
12 May 2025
News/cloud
Italy-based commercial bank has agreed a 10 year deal with Google Cloud to accelerate its digital transformation project.
Alongside the release of their 'Fighting Scams in Search Report', Google have shared how Chrome, Search and Android are using AI-powered technologies to defend users against online scams.
09 May 2025
The round brings the application security platform and cybersecurity company's total funding to $94 million. Led by DTCP with participation from Swisscom, IBM, Evolution Equity and Team 8, the capital will be used to strategically grow production innovation and global footprint.
After aggressively pursuing an AI-driven workforce reduction strategy, Klarna says it is "evolving" the strategy and hiring customer service employees in an acknowledgment that people often still want to talk to a human.
News/regulation
French IT services and consulting company Capgemini is claiming an industry-first after releasing its perpetual KYC (pKYC) sandbox.
08 May 2025
OakNorth, the UK digital bank for SMEs, has signed a deal with OpenAI to embed generative AI technologies across its business.
07 May 2025
Coinbase is resurrecting a long-buried protocol for sending payments over the Internet to create an agentic payments layer that requires no human intervention.
Barclays Bank is to use Ant International's proprietary Time-Series Transformer (TST) AI FX Model, to help businesses reduce FX-related costs and risks against global volatilities.
Data analytics giant Palantir Technologies is teaming up with Elon Musk's xAI and investment firm TWG Global to help financial services firms to embed AI at the core of their organisations.
German fintech GreenBanana has launched a platform that connects retailers with buy now, pay later providers in more than 25 countries.
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