Tag: Financial Services/Finserv
UK financial services firms cautious but keen to adopt GenAI, new survey says
GenAI Adoption in UK Financial Services:70% of UK Finance members are currently piloting generative AI (GenAI) use cases.
Primarily focused on co-pilot...
Wealthtech start-up Alpheya receives investment from BNY Mellon and Lunate
Investment Announcement: BNY Mellon and Lunate invest $300 million in Alpheya, a new wealthtech start-up.
Location and Focus: Alpheya, based in Abu Dhabi...
Berkshire Hathaway sells stake in India’s Paytm for $165m
Berkshire Hathaway Sells Paytm StakeBillionaire Warren Buffett's company, Berkshire Hathaway, sold its entire stake in Indian fintech One 97 Communications (Paytm) for...
Barclays could reportedly cut around 2,000 jobs in push to reduce costs by £1bn
Barclays may cut around 2,000 jobs as part of a £1 billion cost-cutting plan.
Bank managers seek to increase profitability by reviewing proposals,...
Orange launches super-app Max it in Africa
Orange launches Max it super-app in Africa
Developed by Orange teams, it offers telecom, e-commerce, and financial services
Three main service groups: telecom...
UK government publishes findings from the Future of Payments Review
The Future of Payments Review calls for a national payments vision and strategy in the UK.
Authored by Joe Garner, the report identifies...