Tag: Banking

The advent of generative AI is not just a futuristic vision but a present reality transforming how businesses communicate with customers. This cutting-edge technology, underpinned by large language models (LLMs) like GPT-4, BERT, ELECTRA, and RoBERTa, is setting new standards for customer interaction and service delivery. It enables systems that not only manage communications but also predict and adapt to customer needs with unprecedented personalization and efficiency.

Sanction Scanner conducted a comprehensive survey, gathering insights from over 400 respondents across more than 50 countries and various industries. The findings shed light...

Key Indian InsurTech investment stats in 2023: • Indian InsurTech deal activity reached 21 transaction in 2023, a 52% drop from 2022 • Indian InsurTech companies...

As we delve deeper into 2024, the embedded finance phenomenon continues to reshape the financial services sector. A Capgemini survey from 2021 revealed that over 70% of banking executives view embedded finance as a catalyst for innovation, customer base expansion, and cost reduction, predicting its market value to soar to $588bn by 2030 from $22bn in 2020. This trend positions embedded finance as a key strategic channel for banks.

Perfios, India's leading B2B SaaS FinTech company, has successfully raised $80m in a funding round led by Teachers' Venture Growth (TVG), the late-stage venture and growth investment arm of the Ontario Teachers’ Pension Plan.

Jefferson Bank, an esteemed independent bank, has extended its partnership with Finastra, a global FinTech leader, offering a wide range of software solutions designed to meet the ever-evolving needs of the financial services industry. Together, these companies are set to revolutionise instant payments for Texans.

Tietoevry Banking, a frontrunner in the Nordic financial SaaS solutions sector, has announced the appointment of Minna Smedsten as the new Chief Financial Officer...

Salmon, a Southeast Asian FinTech startup, has received regulatory approval to acquire the controlling interest in Rural Bank of Sta. Rosa (Laguna), making it a licensed bank in the Philippines.

In the latest episode of the Fenergo FinTalks podcast, host Dhanum Nursigadoo engages in a thought-provoking conversation with Rory Doyle, Fenergo’s Head of Financial...

A recent report by Gartner reveals the priorities for software buyers in 2024. As part of the study 542 software purchasing decision-makers were surveyed...