Latest News – Page 122

Appeals Court Determines Capital One Hacker’s Sentence Was Excessively Lenient

A U.S. appeals court has overturned the sentence of the individual responsible for the significant 2019 Capital One data breach, deeming the original penalty too...

CommerzVentures Launches €300 Million Third Fund

Commerzbank has pledged €300 million to its third CommerzVentures fund, aiming to invest in fintech, insurtech, and climate-focused fintech startups. The new fund positions Commerzbank...

Opensee Secures €11M to Enhance Real-Time Data Analytics Platform

Opensee, a Paris-based platform specializing in real-time granular data analysis for financial institutions, has successfully secured €11 million in a Series A funding round led...

Loopfront, a Circular Economy Startup, Experiences 300% Surge in Users

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DNB Enhances Chat Traffic Management with AI-Driven Virtual Agent

Nordic bank DNB has successfully automated over half of its chat interactions by leveraging Boost.ai's advanced conversational AI platform. The institution employs AI-driven virtual agents...

Lloyds Instructs Leadership Team on AI Training Program

Lloyds Banking Group has partnered with Cambridge Spark, a prominent education technology firm, to launch an AI training initiative tailored for its senior leaders. This...

MUFG Bank Introduces $300 Million Fund for Indian Startups

The MUFG Ganesha Fund is set to invest in middle- to late-stage startups in India, with plans to offer financial services to its portfolio companies....

Twenty7tec Acquires Meet Parker

British mortgage technology firm Twenty7Tec has acquired Meet Parker, an AI-driven digital engagement specialist, for an undisclosed amount. This acquisition follows Twenty7Tec's initial investment in...

Curve Rejects AI in Favor of Human Customer Experience Experts Recruitment Drive

Fresh from securing £37 million in funding, London-based digital wallet Curve is seeking to hire over 50 customer experience professionals to deliver personalized services to...

European Parliament Rejects Bitcoin Mining Ban

Members of the European Parliament have recently voted down a proposal that aimed to impose a ban on bitcoin and similar cryptocurrencies due to the...