AI
FinTech
Finastra appoints Chris McClellen as Global Head of AI
McClellen aims to enhance Finastra's AI capabilities and solutions.Highlights: Finastra names Chris McClellen as Global Head of AI.McClellen will lead AI strategy and innovation at Finastra.This role aims to...
FinTech
Mastercard Strengthens Presence with $1.8 Billion BVNK Acquisition
Acquisition aims to enhance Mastercard's stablecoin capabilities.Highlights: Mastercard acquires BVNK for $1.8 billion.The deal will enhance Mastercard's stablecoin...
FinTech
CFIT Strengthens Digital Identity Solutions for Businesses
New regulations aim to streamline company verification processes.Highlights: CFIT has introduced measures for improved digital identities.Changes aim to...
FinTech
AI-Based Loan Origination Platform Fuse Secures $25 Million in Funding
Funding will enhance Fuse's AI-driven lending solutions for financial institutions.Highlights: Fuse raises $25 million to boost its AI-powered...
FinTech
Nordea Cuts 1,500 Jobs as AI Drives Cost Savings
Banking giant Nordea announces significant layoffs amid AI transformation.Highlights: Nordea to eliminate 1,500 positions due to AI advancements.Cost-saving...
OpenAI inks deal with Axel Springer on licensing news for model training
Many, if not most, generative AI tech vendors argue that fair use entitles them to train AI models on copyrighted material scraped from the...
Qatar’s Lesha Bank upgrades to Temenos’ latest core banking platform
Lesha Bank Upgrade: Lesha Bank, based in Doha, Qatar, partners with Temenos to upgrade to the latest version of the Temenos Transact core...
With AI Studio, Google launches an easy-to-use tool for developing apps and chatbots based on its Gemini model
After announcing its family of Gemini models last week and bringing it to its Bard chatbot experience, Google is now bringing Gemini to developers...
Agility is using large language models to communicate with its humanoid robots
I’ve spent much of the past year discussing generative AI and large language models with robotics experts. It’s become increasingly clear that these sorts...
ICYMI fintech funding round-up: Nearpay, Supra, Hyperplane and Pave Bank
Nearpay's Series A Funding:Saudi fintech Nearpay secures $14 million in Series A funding.
Sanabil Investments leads the funding round, with participation from...
Google’s GitHub Copilot competitor is now generally available and will soon use the Gemini model
Google today announced that Duet AI for Developers, the suite of AI-powered assistance tools for code completion and generation the company announced earlier this...
Strategies for building AI tools people will actually use at work
Jackie Rocca is VP of Product, AI, at Slack, where she oversees the vision and execution of Slack AI, which brings generative AI natively...
Google unveils MedLM, a family of healthcare-focused generative AI models
Google thinks that there’s an opportunity to offload more healthcare tasks to generative AI models — or at least, an opportunity to recruit those...
India’s M2P Fintech acquires Goals101 to tap AI-led transaction behaviour intelligence
Acquisition Details:M2P Fintech, based in Chennai, India, has acquired Goals101 for approximately $30 million (INR 250 crore).Integration of Goals101:Goals101's platform,...

