Tag: Artificial Intelligence/AI

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CaixaBank forms GenAI task force with backing from Microsoft, Accenture and Banco BPI

CaixaBank forms a task force to explore generative AI (GenAI) use cases. The Valencia-based bank has integrated AI into foreign trade and cognitive...

Canapi Ventures reveals new $750m fund to support US fintech entrepreneurs

Canapi Ventures, a US-based VC firm backed by 70 American financial institutions, raises $750 million in its latest fund, bringing total assets under...

US OCC highlights key risks to federal banking system in latest report

AI Risks WarningThe OCC's Fall 2023 report warns banks of "significant challenges" due to the rise of artificial intelligence (AI) in financial...

Liberis bags $112m in debt financing to fuel expansion in North America and Europe

Funding Boost: UK-based Liberis secures $112 million in debt financing from HSBC Innovation Banking and BCI Capital. Expansion Plans: Liberis aims to expand its embedded...

UK fintech Plum signs strategic partnership with Greece’s Eurobank, lands €10m investment

Plum, a UK-based smart money app, forms a strategic partnership with Eurobank. Eurobank invests €10 million in Plum, with an initial €5 million...

AI-backed Aussie risk decisioning firm Rich Data Co raises $17.5m Series B

Rich Data Co (RDC) secures $17.5 million in Series B funding round. Plans for North American expansion fueled by the investment. Westpac and...