2023-12-06 18:18
Henry Scott-GreenContributor
Henry Scott-Green is co-founder and CEO of Context.ai, the evaluation and analytics platform for LLM applications.
Sundar Solai is a pro… Read More
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Latest fintech news, pay tech, regtech, blockchain news
2023-12-06 09:58
For years, dedicated Star Trek fans have been using AI in an attempt to make a version of the acclaimed series Deep Space 9 that looks decent on modern TVs. It sounds a bit ridiculous, but… Read More
2023-12-06 01:38
As if still-image deepfakes aren’t bad enough, we may soon have to contend with generated videos of anyone who dares to put a photo of themselves online: with Animate Anyone, bad acto… Read More
2023-12-05 21:30
Kaldi, a UK-based fintech start-up, aims to launch in Q1 2024.
The company plans to introduce an “easy-to-understand” savings and investment app for Gen Z and millennials.
Users… Read More
2023-12-05 16:30
Funding Success: UAE-based fintech start-up Flow48 secures $25 million in a pre-Series A funding round.
Investors: The funding round involves a mix of equity and debt funding, with… Read More
2023-12-05 13:30
Stuart Cook Transition:
Stuart Cook, former Chief Innovation Officer (CIO) of Valley National Bank, has left after 11 months.
He has taken on the role of Chief Executive Officer (CEO) at Tr… Read More
2023-12-05 08:57
Wombo, the makers of viral AI-generated art app Dream by Wombo, is back with another new AI-powered app called Wombo Me. The new AI avatar app from the Canadian startup lets you turn a… Read More
2023-12-05 01:30
Eurosystem’s Retail Payments Strategy Update
Priorities:
Digital euro development
Instant payments
Cross-border payments
Objectives of Retail Payments Strategy
Develop pan-European s… Read More
On ChatGPT’s First Anniversary, Its Mobile Apps Have Topped 110M Installs And Nearly $30M In Revenue
2023-12-05 00:36
It’s officially been one year since ChatGPT launched, taking the world by storm as the research preview turned into an everyday tool that brought AI chatbot technology to mainstream u… Read More
2023-12-04 23:30
Interruption by AGCM: The Italian competition authority (AGCM) halts Intesa Sanpaolo’s plan to migrate 2.4 million customer accounts to Isybank.
Express Approval Required: AGCM mandate… Read More
2023-12-04 21:30
Plum, a UK-based smart money app, forms a strategic partnership with Eurobank.
Eurobank invests €10 million in Plum, with an initial €5 million secured in November and the second t… Read More
2023-12-04 16:16
AI is everywhere, and predictably, sales teams are among the early adopters. So I wasn’t surprised to see Scalestack raise $1 million to help make sales teams’ lives easier.
So… Read More
2023-12-04 07:56
Smartphone sales will mount a comeback starting in 2024, defying growing warnings of a prolonged slump across the mobile sector, according to separate projections by Goldman Sachs an… Read More
2023-12-03 23:35
For the next few weeks, TechCrunch’s robotics newsletter Actuator will be running Q&As with some of the top minds in robotics. Subscribe here for future updates.
Part 1: CMU&rsquo&helli…Read More
2023-12-03 16:30
Rich Data Co (RDC) secures $17.5 million in Series B funding round.
Plans for North American expansion fueled by the investment.
Westpac and nCino lead the funding round for the Sydney-based… Read More
2023-12-03 15:15
ChatGPT, OpenAI’s viral AI chatbot, turns one today.
A year ago, OpenAI released ChatGPT as a “low-key research preview” — reportedly spurred in part by an intense r… Read More
2023-12-03 13:30
SoFi Ends Crypto Services:
SoFi announces the termination of its crypto services on 19 December.
Users can either close their crypto accounts or migrate them to Blockchain.com.
Account Clos… Read More
2023-12-02 21:30
UK SME lender Nucleus Commercial Finance secures £200 million funding from NatWest.
The funding increases Nucleus’ total lending capacity to £900 million.
Nucleus aims to s… Read More
2023-12-02 16:30
PhiCommerce Funding Round:
Indian payment solutions provider PhiCommerce secures $10 million in a Series A1 funding round.
Led by Singapore-based VC firm BeeNext with additional participatio… Read More
2023-12-02 13:30
Funding Success: London-based fintech Paysend secures $65 million in a recent funding round.
Global Reach: Paysend, founded in April 2017, claims a global presence with access to 1… Read More
2023-12-02 05:53
A Paris-based startup called Capsule wants to transform the way users seek out their daily news. Instead of offering a standard news aggregator experience, Capsule’s mission is to bec… Read More
2023-12-02 01:30
Metro Bank plans to cut 20% of its workforce as part of a cost-cutting initiative following shareholder approval of a refinancing deal.
The job cuts aim to achieve cost savings of up to &pou&hell…Read More
2023-12-01 23:30
Danish B2B fintech Mazepay hires former Mastercard executive Kevin Stanton for key role.
Stanton appointed to the board of directors, tasked with expanding Mazepay’s partner network an… Read More
2023-12-01 21:30
Froda’s New CTO: Roger Forsberg, former Klarna director, joins Swedish alternative lender Froda as Chief Technology Officer (CTO) effective December 4.
Scaling Phase: Froda, in a phase… Read More
2023-12-01 13:12
Apple’s and Google’s move into smart augmented reality several years ago, creating ways for people to use their smartphone cameras to identify everyday objects to interact with… Read More
2023-11-30 20:32
Lawmakers take note: Elon Musk-owned X appears to have quietly complied with a hard legal requirement in the European Union that requires larger platforms (aka VLOPs) to provide researchers… Read More
2023-11-30 12:12
Amazon is releasing an image generator — joining the ranks of the many, many other tech giants and startups that have already done so.
During a keynote at its AWS re:Invent 2023 confe… Read More
2023-11-30 03:52
There’s a shortage of GPUs as the demand for generative AI, which is often trained and run on GPUs, grows. Nvidia’s best-performing chips are reportedly sold out until 2024… Read More
2023-11-29 23:30
Stacey Zengel, president of bank solutions at US banking tech provider Jack Henry & Associates, will retire on June 30, 2024.
Zengel has been with Jack Henry for 24 years, joining in 199… Read More
2023-11-29 21:30
FinTech Australia made four new appointments to its board.
Sarah Gorman, Head of Growth and Marketing at Digital Agriculture Services, becomes deputy chair with over three decades of experie… Read More
2023-11-29 19:30
Pinterest is today expanding on its efforts to make its product more inclusive with respect to body type diversity with the test of a new consumer-facing tool that allows users to filter se… Read More
2023-11-29 16:30
HSBC introduces venture debt in Australia to support scale-up companies in technology and new economy sectors.
$150 million was allocated for lending, targeting late-stage venture capital-ba… Read More
2023-11-29 13:30
Contis, part of German BaaS fintech Solaris, fined €840,000 by the Bank of Lithuania.
Delegated anti-money laundering (AML) measures to distributors without proper control, violating re… Read More
2023-11-29 11:09
Philippe BotteriContributor
More posts by this contributor
When And How To Pick Your Next Launch Country
Last year, the global cloud market hit a wall, with a ma… Read More
2023-11-29 02:49
Welcome back to Equity, the podcast about the business of startups. Our Monday show covers the latest in tech news — and you might be glad to know today was not all about Ope… Read More
2023-11-29 01:30
Expansion Plan: PhonePe plans to enter the consumer lending space by January 2024.
Integration Progress: The fintech is in the “final stages” of integrating with five l… Read More
2023-11-28 23:30
UK challenger Atom Bank partners with Funding Circle for lending.
Up to £150 million to be deployed for small businesses.
The third partnership between Atom Bank and Funding Circle.
To… Read More
2023-11-28 21:30
GenAI Adoption in UK Financial Services:
70% of UK Finance members are currently piloting generative AI (GenAI) use cases.
Primarily focused on co-pilot style employee efficiency tools.
To… Read More
2023-11-28 18:28
A while ago, I built a tool that uses AI to give feedback on hundreds of pitch decks. Every morning, I skim through the pitch deck reviews my little bot makes without really looking… Read More
2023-11-28 16:30
Investment Announcement: BNY Mellon and Lunate invest $300 million in Alpheya, a new wealthtech start-up.
Location and Focus: Alpheya, based in Abu Dhabi Global Market (ADGM), aims to develo… Read More
2023-11-28 13:30
Berkshire Hathaway Sells Paytm Stake
Billionaire Warren Buffett’s company, Berkshire Hathaway, sold its entire stake in Indian fintech One 97 Communications (Paytm) for approximately $… Read More
2023-11-28 10:07
Biotech and AI startup Cradle is finding success with its generative approach to protein design, landing big customers and a hefty $24 million of new investment.
The company exited stealth… Read More
2023-11-28 01:30
Real Estate Struggles:
Geopolitical tensions, lacklustre growth, and inflation impact European financial markets.
Residential and commercial real estate markets in the euro area face challen… Read More
2023-11-27 23:30
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, including potential job cuts in back… Read More
2023-11-27 21:30
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 account functions, e-commerce p… Read More
2023-11-27 17:26
Shortly after screenshots emerged showing xAI’s chatbot Grok appearing on X’s web app, X owner Elon Musk confirmed that Grok would be available to all of the company’s Pre… Read More
2023-11-27 16:30
The Future of Payments Review calls for a national payments vision and strategy in the UK.
Authored by Joe Garner, the report identifies a lack of vision and clarity in the country’s p… Read More
2023-11-27 13:30
NomuPay’s Acquisition:
Irish unified payments platform NomuPay has acquired UK-based payment services provider Total Processing.
NomuPay now “holds, directly or indirectly, 75%… Read More
2023-11-27 01:30
Binance Guilty Plea:
Binance Holdings, operating Binance.com, pleads guilty to US federal charges: anti-money laundering (AML), unlicensed money transmitting, and sanctions violations.
Found… Read More
2023-11-27 00:45
Raphael OuzanContributor
Raphael Ouzan is the founder and CEO of A.Team, a future-of-work company pioneering the world’s first AI-enabled team formation platf… Read More
2023-11-26 23:30
Mashreq’s Climate Banking Platform Launch:
Developed in collaboration with Visa and climate engagement fintech Ecolytiq.
Utilizes transaction data for personalized carbon footprint ana… Read More
2023-11-26 21:30
Resignation Announcement: Jeff Parker, SVP and managing director, international at Marqeta, is stepping down from his position at the California-headquartered card issuing firm.
Announc… Read More
2023-11-26 16:25
You’ve just landed in Dayton, Ohio after a long, overnight journey from SFO. While you were waiting in Denver on a layover, you checked your phone to see the news: After almost a week… Read More
2023-11-26 08:04
Ex-OpenAI president Greg Brockman — who, as far as we’re aware, isn’t currently employed at OpenAI in any capacity — is posting updates about OpenAI products… Read More
2023-11-25 23:44
OpenAI went from hot startup to hot mess in a New York minute last week. By now you know the story: The board fired CEO Sam Altman, his president and co-founder Greg Brockman followe… Read More
2023-11-25 16:30
The Financial Conduct Authority (FCA) authorizes Klarna to regulate payment and credit services in the UK.
The authorization covers Klarna’s credit products (Term Loan, Klarna Card) an… Read More
2023-11-25 15:24
In a dramatic turn of events late Friday, ex-Y Combinator president Sam Altman was fired as CEO of AI startup OpenAI, the company behind viral AI hits like ChatGPT, GPT-4 and DALL-E 3, by O… Read More
2023-11-25 13:30
Kiwi Raises $13M
Indian credit card fintech Kiwi secures $13 million in a Series A funding round.
Led by Omidyar Network India, with participation from Nexus Venture Partners and Stellaris V… Read More
2023-11-25 07:02
In case you missed it, Sam Altman is back as OpenAI CEO. His reinstatement comes after a whirlwind few days in which we saw unusual corporate governance lead to an attempt to oust Altman, d… Read More
2023-11-25 01:30
Ripple and Taiwan’s Fubon Bank choose UK consultancy Kodelab for CBDC pilot with HKMA
Pilot aims to integrate simulated CBDC and tokenized real estate in mortgage lending
HKMA follows… Read More
2023-11-24 23:30
Partnership: Mexican fintech start-up Trafalgar partners with Thought Machine for core banking technology.
Technology Leap: Trafalgar aims to be Mexico’s first fintech using… Read More
2023-11-24 21:30
London-based fintech start-up Triver secures £20 million debt facility with Avellinia Capital.
Triver plans to offer over £200 million in funding annually to SMEs and enhance pro… Read More
2023-11-24 16:30
Mastercard’s joint venture in China, Mastercard NUCC Information Technology, has received formal approval to commence domestic payments.
In February 2020, Mastercard NUCC received in-p… Read More
2023-11-24 14:21
Google has announced that its Bard AI chatbot can now answer questions about YouTube videos. Although Bard already had the ability to analyze YouTube videos with the launch of the Yo… Read More
2023-11-24 13:30
Fils, a new venture by MFTA chairman Nameer Khan, is launching ahead of COP28.
With offices in Dubai and London, Fils is an infrastructure layer for payment companies, focusing on tracking a… Read More
2023-11-24 06:00
Sam Altman is returning to OpenAI as its chief executive, the high-profile AI startup said Wednesday, a dramatic reversal that caps an intense five days of discussions, debates and convinci… Read More
2023-11-24 01:30
Blue Ridge Bank, founded in 1893 in Virginia, is a community bank operating in the mid-Atlantic states.
The bank plans to reduce its Banking-as-a-Service (BaaS) partnerships to a “limi… Read More
2023-11-23 23:30
Klarna, a Buy Now, Pay Later (BNPL) firm, has partnered with UK paytech Form3 for payment connectivity in the Single Euro Payment Area (SEPA).
Klarna is using Form3’s cloud-based, sing… Read More
2023-11-23 21:40
Have you ever puked and had diarrhea at the same time? I have, and when it happened, I was listening to a fan-made audiobook version of Harry Potter and the Methods of Rationality (HPMOR)… Read More
2023-11-23 16:30
Aspire Systems, a global tech services company, partners with BNF Bank for a transformative journey using Temenos digital banking solutions.
BNF Bank’s choice underscores confidence in… Read More
2023-11-23 13:30
Investment by Alphabet:
Alphabet, the parent company of Google, is set to acquire a significant stake in the digital retail bank Monzo.
Alphabet will use its growth fund, Capital G, to inves… Read More
2023-11-23 13:20
With news that OpenAI’s ChatGPT Voice feature is now available to all free users, you can ditch Siri as your main voice assistant on your iPhone — well, specifically on your iPh… Read More
2023-11-23 04:59
So, there were some nonprofit folks up against a wall of money and influence. Guess who won?
© 2023 TechCrunch. All rights reserved. For personal use only.
source Read More
2023-11-23 01:30
Business Pivot: HMBradley, a US digital banking platform, is closing its consumer business and shifting focus to B2B.
Foundation and Mission: Founded in 2018 in Los Angeles, HMBrad… Read More
2023-11-22 23:30
Petal, a New York-based credit card start-up, is seeking a buyer.
The company is exploring a potential sale, and sources suggest it may be at risk of going out of business without a suitor… Read More
2023-11-22 21:30
Scottish challenger Alba Bank selects nCino’s cloud banking platform for SME lending in the UK.
Integrated into its core banking engine (provided by Mambu), Alba will use nCino’s… Read More
2023-11-22 20:38
Meet OpenAI’s new board of directors: Bret Taylor, Larry Summers and Adam D’Angelo. Or, more precisely, the board for the time being.
We have reached an agreement in principle… Read More
2023-11-22 16:30
Partnership Announcement: Jordan Ahli Bank has partnered with Fintech Galaxy to utilize its Finx platform for open banking and open finance compliance.
Data Sharing and Transfers: Through Fi… Read More
2023-11-22 13:30
Funding Round:
French fintech start-up Indy secures €40 million ($44 million) in Series C funding.
BlackFin Capital Partners leads the funding round, with participation from La Maison a… Read More
2023-11-22 12:18
Li Auto, an electric vehicle maker adored by young Chinese families, is stepping up its endeavors to build in-house automotive chips and has gone abroad to seek talent for the course… Read More
2023-11-22 03:57
Chris AckersonContributor
Chris Ackerson, formerly of IBM Watson, is currently the Vice President of Product at AlphaSense, a market intelligence and search platfor… Read More
2023-11-22 01:30
Advent International Expansion:
US private equity firm Advent International is acquiring UK paytech myPOS to expand its digital payment services in Europe.
The acquisition is through Advent… Read More
2023-11-21 23:30
Brex Leadership Change:
US-based expense management platform Brex appoints Chief Product Officer Karandeep Anand as its first president.
Anand joined Brex in January 2022, leading the develo… Read More
2023-11-21 21:30
Bank Saqu Launches in Indonesia:
WeLab and Astra Financial introduce Bank Saqu, a new digital banking service in Indonesia.
Record-Breaking Development:
Bank Saqu was built in six months, a… Read More
2023-11-21 19:37
Several political perspectives are shaping quite a lot of the work on artificial intelligence, and so we need to understand them, especially now.
© 2023 TechCrunch. All rights reserved… Read More
2023-11-21 16:30
Capital Investments Launches Digital Onboarding:
The investment arm of Capital Bank of Jordan, Capital Investments, has introduced digital onboarding services.
Powered by Codebase Technologi… Read More
2023-11-21 13:30
Company Closure: UK-based fintech start-up Zazuu is shutting down.
Market Focus: Zazuu operated in Africa, running a cross-border payment network marketplace.
Funding History: Raised $2 mill… Read More
2023-11-21 11:16
Microsoft is the real winner of the OpenAI chaos that reigned over the weekend, and its rallying stock price is indicative of that. Upon the shocking news that OpenAI’s board had unex… Read More
2023-11-21 02:56
Since the AI frenzy started over a year ago, we’ve seen many, um, interesting use cases for the tech that’s been deemed the greatest innovation since the internet. From A… Read More
2023-11-21 01:30
Partnership Overview:
KashNow, a subsidiary of Noqood Holding, is partnering with microfinance company Sandah.
Aimed at digitizing lending for Egyptian micro-entrepreneurs.
Digital Loan App… Read More
2023-11-20 23:30
Eurasian Bank collaborates with Mastercard to launch Digital Tenge Card, facilitating purchases with Kazakhstan’s central bank digital currency (CBDC).
The debit card seamlessly conver… Read More
2023-11-20 21:30
Enova was fined $15 million by CFPB and banned from offering certain short-term loans.
Charges include unauthorized fund withdrawals, deceptive loan statements, and canceling loan extensions… Read More
2023-11-20 18:35
The OpenAI saga continues.
This morning, Ilya Sutskever, the AI startup’s chief scientist and board director, published a mea culpa of sorts on X (formerly Twitter). Sutskever… Read More
2023-11-20 16:30
Acoba Approval:
The Advisory Committee on Business Appointments (Acoba) has approved Gavin Williamson’s appointment to the advisory board of UK-based fintech Lanistar.
Williamson&rsqu&hell…Read More
2023-11-20 13:30
Dave Harden as CTO:
Dave Harden was appointed as the new Chief Technology Officer (CTO) of Green Dot.
Internal promotion from SVP of product development, a role held since February 2022.
Ca… Read More
2023-11-20 10:14
An independent review of popular AI tools has found that many — including Snapchat’s My AI, DALLE, and Stable Diffusion, may not be safe for kids. The new reviews come from Comm… Read More
2023-11-20 01:53
Anton VolovykContributor
Anton Volovyk holds an MBA from Harvard Business School and a master’s degree in finance from IE Business School. He is an exper… Read More
2023-11-20 01:30
Refine Intelligence:
Raised $13 million in seed funding.
Uses AI to scan AML alerts, reducing investigation time.
Plans expansion in North America, Europe, and Latin America.
Apiture:
Raise… Read More
2023-11-19 23:30
Ness Closure Announcement:
US fintech Ness, specializing in credit cards for wellcare, is shutting down.
CEO Derek Flanzraich cites running out of cash as the reason for the closure.
Despite… Read More
2023-11-19 21:30
New Apple Pay Feature in the UK: Open Banking
Apple Pay introduces a new feature in the UK.
Allows customers to link their accounts to eligible debit and credit cards in Apple Wallet via ope… Read More
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