Visa reportedly in negotiations to acquire Featurespace in potential £700m deal
Featurespace provides financial crime prevention solutions for AML and fraud detection.
Machine Learning
Banking Technology Magazine September 2024 issue out now
Cover story: HOP INTO THE FUTURE – Banks must turn and face the change.
US fintech Amount lands $30m in fresh funding to advance AI capabilities
Amount’s tech powers deposit account opening and loan origination for banks and credit unions.
ICYMI fintech funding round-up: Skydo, Finora Bank, Okredo, Parfin, and more
Our weekly fintech round-up for you to get the latest funding news from around the world.
PayZen lands $32m equity investment and $200m credit warehouse in Series B round
PayZen offers an affordability financing platform to help healthcare patients in the US manage medical bills.
Cartoon: Testing times
AI models are still making mistakes as humans do, just different types of ‘dumb’ mistakes.
Demystify Podcast: Demystifying the evolution of trading technology and data centres
In this podcast episode, Dave and Dharm chat with John Bryant of Options Technology and Eleni Coldrey of Equinix.
What the FinTech? | S.5 Episode 13 | Fintech start-ups and navigating the road to sustainable growth
In this podcast episode, we chat with Sam Edge of AWS about the current fintech start-up landscape.
Video: Harnessing AI in financial services with IBM
IBM’s Shanker Ramamurthy and John Duigenan discuss how to overcome the hurdles around AI adoption.
Pagaya set to acquire Silicon Valley’s Theorem Technology for an undisclosed sum
Theorem is an institutional asset manager powered by machine learning technology.
Lloyds Banking Group names Rohit Dhawan as new group director of AI and advanced analytics
In this newly created position, Dhawan will oversee Lloyds’ AI Centre of Excellence.
Shawbrook taps nCino for automated SME loan origination
The bank is also adopting nCino’s nIQ solution for AI and machine learning tools.
Texas-based TransPecos Banks selects Oscilar’s risk management tech for BaaS compliance
Oscilar has been tapped by the bank for its AI-driven AML Risk Platform solution.
July 2024: Top five AI stories of the month
FinTech Futures takes a look back at five of the top AI stories from July.
July 2024: Top five M&A deals of the month
FinTech Futures takes a look back at five of the top M&A deals in July.
July 2024: Top five fintech partnership stories of the month
FinTech Futures takes a look back at five of the top fintech partnership stories of the month.
What the FinTech? | S.5 Episode 12 | The emerging technologies driving innovation in payments
In this podcast episode, we chat with George Maddaloni, CTO of Operations at payments giant Mastercard.
Banking Technology Magazine July / August 2024 issue out now
Cover story: MONEY TALKS – Cash still playing an important role in society.
BNP Paribas inks multi-year deal to implement Mistral AI commercial models across all business lines
The bank will gain access to “current and future Mistral AI commercial models”.
Canoe Intelligence bags $36m Series C led by Goldman Sachs
The latest funding adds to the firm’s $25 million Series B round in 2023.
SaaS start-up Summit launches spend management platform
Summit claims it can cut the accounts payable processing time by up to 75%.
Robinhood buys AI-powered investment research platform Pluto Capital
The deal comes less than a month after the digital trading platform announced its $200 million purchase of Bitstamp.
Is your bank’s architecture trapped in the past? It’s time to recompose it
European banks must accelerate their journey to recompose architecture, with AI and GenAI as differentiators.
Video: FinovateSpring 2024 – what’s hot and what’s not in fintech
We ask three industry professionals what’s hot and what’s not in the fintech sector this year.
The rise of instant payments: protecting consumers from criminals in 10 seconds
How can financial institutions strike a balance between speed and safety with instant payments?
Video: Code and capital – AI as a co-pilot in financial services
Sarah Hinkfuss of Bain Capital Ventures discusses the growing number of use cases for AI in financial services.
June 2024: Top five AI stories of the month
FinTech Futures takes a look back at five of the top AI stories from June.
Brazil’s Nubank buys AI-powered data intelligence start-up Hyperplane
Nubank plans to harness Hyperplane’s AI expertise to enhance its core machine learning capabilities.
Video: Fintech insights – reimagining the customer experience
Steven Ramirez, CEO at Beyond The Arc, discusses the future of customer experience in financial services.
What the FinTech? | S.5 Episode 10 | Generative AI and cloud core modernisation
In this podcast episode, we chat with Zac Maufe, Head of Regulated Industries at Google Cloud.
PayPal hires Srini Venkatesan as new CTO
Venkatesan succeeds Archie Deskus, who has served as CTO for the past eight months.
Verituity secures $18.8m round led by Forgepoint Capital and Sandbox Industries
Sandbox Industries’ chief Chris Zock is to join Verituity’s board of directors.
Combatting fraud – insights from industry experts
How to stay ahead of the curve in the ever-evolving landscape of fraud prevention.
We are all living on borrowed time
Together, we can create meaningful change through collective action that can last generations.
The future of fraud detection: how AI revolutionizes your bottom line
Building a proactive fraud shield with AI for unstoppable banking.
The AI Summit: Real world AI
Use cases, pathways and challenges to implementation, and the evolving regulatory frameworks.
What would the Jetsons do?
We already live in the Future. It is here. It is the Present. It is fully formed and at times rather wonderful.
NatWest prepares to introduce GenAI-powered virtual assistant Cora+ in collaboration with IBM
NatWest will introduce the service through a “12 week pilot to address learnings and updates”.
Interview: Agata Strzelecka, VeloBank – a modern bank with fintech DNA
Agata Strzelecka shares first-hand experience and lessons learnt from transforming a bank and attracting investors.
State of play: Money20/20 Europe 2024
Money20/20 Europe was a glimpse into the progress that the fintech industry continues to make.
