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AI
Investors are growing increasingly weary of AI
After years of easy money, the AI industry is facing a reckoning.
A new report from Stanford’s Institute for Human-Centered Artificial Intelligence (HAI), which studies AI...
AI
Mastercard to realign organisational structure with three new divisions
Organizational Restructuring:Mastercard announces plans to reorganize its teams into three units: Core Payments, Commercial and New Payment Flows, and Services.Leadership Changes:...
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AI
How Neural Concept’s aerodynamic AI is shaping Formula 1
It’s a long way from pedal bikes to Formula...
Banking
Spendesk combines procurement with spend management through Okko acquisition
Acquisition Details:Spend management platform Spendesk is acquiring...
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Banking
LatAm fintech Pomelo secures $40m Series B led by Kaszek
Funding News: Pomelo, a Latin American fintech start-up, secures $40 million in Series B funding.
Investors and Leadership: Series B round led by...
Banking
India’s CSB Bank taps Oracle for Flexcube core
CSB Bank, headquartered in Thrissur, India, partners with Oracle for its core banking system Flexcube.
The collaboration involves integrating Oracle's core banking, payments,...
Banking
US private equity firm WCAS buys majority stake in EquiLend
WCAS, a New York-based private equity firm, has acquired a majority stake in EquiLend, a securities lending platform.
EquiLend anticipates the deal's completion...