Tag: Machine Learning
Lloyds Bank taps Cleareye.ai to streamline trade finance documentation processing
Lloyds Bank has partnered with Cleareye.ai, a California-based AI and machine learning company, to enhance trade finance documentation...
Visa reportedly in negotiations to acquire Featurespace in potential £700m deal
Potential Acquisition: Visa is reportedly in advanced talks to acquire UK-based fraud detection firm Featurespace in a deal...
US fintech Amount lands $30m in fresh funding to advance AI capabilities
Funding Round: Amount, a digital origination and decisioning SaaS platform, raised $30 million in its latest equity funding...
ICYMI fintech funding round-up: Skydo, Finora Bank, Okredo, Parafin, and more
ICYMI Funding Round-Up Summary:Cardea Corporate Holdings:Secured $15 million in convertible note financing.
Funds will be used for...
PayZen lands $32m equity investment and $200m credit warehouse in Series B round
Funding Announcement:PayZen, a US-based healthcare-focused fintech, secured $32 million in equity and a new $200 million credit...
Pagaya set to acquire Silicon Valley’s Theorem Technology for an undisclosed sum
Here are the key points regarding Pagaya Technologies' acquisition of Theorem Technology:Acquisition Overview:US-Israeli fintech Pagaya Technologies has...
Shawbrook taps nCino for automated SME loan origination
Purpose: Shawbrook Bank has chosen nCino’s platform to automate loan origination and portfolio management processes.
Functionality: The platform...
Lloyds Banking Group names Rohit Dhawan as new group director of AI and advanced analytics
New Role: Rohit Dhawan has been appointed as the director of AI and advanced analytics at Lloyds Banking...
Texas-based TransPecos Banks selects Oscilar’s risk management tech for BaaS compliance
Partnership Announcement: TransPecos Banks, a Texas-based community bank, has partnered with San Francisco-based fintech Oscilar to enhance its...
BNP Paribas inks multi-year deal to implement Mistral AI commercial models across all business lines
BNP Paribas Partners with Mistral AI: Key PointsPartnership Agreement:BNP Paribas has signed a multi-year agreement with Mistral...
Robinhood buys AI-powered investment research platform Pluto Capital
Robinhood Acquires Pluto Capital: Key PointsAcquisition Details:Robinhood acquires investment research platform Pluto Capital for an undisclosed sum.
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Brazil’s Nubank buys AI-powered data intelligence start-up Hyperplane
Nubank Acquires Hyperplane: Key PointsAcquisition Details:Nubank, a Brazilian challenger bank, has acquired US-based data intelligence start-up Hyperplane...