FintechDaily – Page 197 – Fresh Dose of Fintech News

Charm Introduces AI Platform to Assist Banks in Fighting Scams

Charm, an AI-driven security platform aimed at safeguarding organizations and their customers from scams, social engineering, and human-centric fraud, has recently emerged from stealth mode...

West Yorkshire Pension Fund Makes Investment in Rebalance Earth

The West Yorkshire Pension Fund (WYPF) has secured a 25% equity investment in Rebalance Earth, an organization dedicated to water-related ecological restoration. Operating under the...

WealthTech Firenze Secures £2.5 Million in Seed Funding

Firenze, a fintech company based in Manchester, has successfully raised £2.5 million in a Seed funding round led by Outward VC, which has also backed...

Thoughtworks Collaborates with AWS to Speed Up Generative AI Adoption

Thoughtworks, a prominent global technology consulting firm, has established a Strategic Collaboration Agreement (SCA) with Amazon Web Services (AWS). This partnership aims to support enterprises...

UK Banks Experience a Month of Outages Over Two Years; Barclays to Compensate Millions for IT Downtime

Recent data released by the Treasury Committee indicates that nine of the leading banks and building societies in the UK have experienced a staggering total...

Emirates NBD Ventures into the Cryptocurrency Market

Emirates NBD has enhanced its digital banking platform, Liv, by incorporating cryptocurrency trading capabilities into its mobile banking app. This new feature is launched in...

Sustainable Finance Live 2024: Just 4 Days Left!

The upcoming Sustainable Finance Live conference, set to take place at Events@No6 in London next week, promises to be a pivotal gathering for industry professionals...

Putin Directs Russian Bank to Collaborate with China on AI Initiatives

Sberbank, the largest banking institution in Russia, has been directed by President Putin to enhance collaboration with China in the development of artificial intelligence (AI)...

Exploring the Transaction Journey and Evaluating Nature-Related Risks

Dr. Nicola Ranger, the director of the Global Finance and Economy Group at the Environmental Change Institute, University of Oxford, recently delivered a keynote address...

Lloyds to Reduce UK Workforce and Transfer IT Skills to India

Lloyds Banking Group is set to make significant changes to its workforce by eliminating hundreds of permanent IT positions in the UK while simultaneously expanding...