August 2024: Top five AI stories of the month
FinTech Futures takes a look back at five of the top AI stories from August.
FinTech Futures takes a look back at five of the top AI stories from August.
Our pick of the top fintech news stories this week includes NCR Voyix, CIBC, Société Générale and more.
The new hires will be tasked with advancing “resilient and trustworthy AI solutions” across the bank.
CIBC customers will be able to securely share their financial data with third-party fintechs via an API.
Tyl by CIBC is a digital-first payment acceptance and merchant services platform for Canadian SMEs.
The deal will see CIBC utilise Microsoft Azure as its primary cloud platform.
News on CIBC, NAB and Bank Leumi alliance, SoFi funding and more!
SecureKey’s Verified.Me is backed by several major financial institutions.
BMO, CIBC, National Bank, RBC, Scotiabank and TD are involved.
Alleged to be in possession of customers’ personal and financial information.
Buys loan assets as it seeks to strengthen its presence in North America.
Enterprise software firm R3 and 22 of its member banks have developed a solution that leverages distributed ledger technology (DLT) to enable “fast, efficient and cost-effective” cross-border payments.
The UBS-led effort to create a digital cash model for payments and settlement on blockchain has got six new banks onboard, according to the Financial Times. As Banking Technology reported in August last year, BNY Mellon, Deutsche Bank, ICAP and Santander joined UBS and Clearmatics to advance their utility settlement coin (USC) concept, and plan […]
Distributed ledger technology (DLT) consortium R3, together with five of its members and financial resource management specialist HQLAX have built a collateral lending solution for liquidity transfers. The solution is based on R3’s flagship platform, Corda, and is “an operating model for a digital collateral receipt (DCR) lending marketplace”.
For some people in the world of fintech, they find comfort in the language of jargon. Pity these poor souls! Lost, confused and unable to communicate clearly and normally. Here are our top five jargon winners of 2016. You can avoid being on this list next year – just use English! CIBC ends phase one […]
National Australia Bank (NAB) says it has successfully transferred AU$10 ($7.6) – using Ripple’s blockchain tech – from Australia to Canada. It took ten seconds to process.
Intellect iGTB, the global transaction banking software business of Intellect Design Arena, has implemented its products at CIBC. The project is part of a multi-stage transaction banking and payments tech overhaul at the Canadian banking group.
Canada’s CIBC bank has launched a novel promotion aimed at increasing uptake of NFC technology for mobile payments.