AI
ICYMI fintech funding round-up: Layer2, Qardy, United Fintech, Minos, and more
Layer2 Financial:Funding: $10.7 million Series A.
Investors: Led by Galaxy Ventures, with participation from Accomplice.
Purpose: To drive market expansion, product development,...
AI
National Bank of Fujairah digitises corporate banking operations with iGTB’s eMACH.ai
Partnership for Digital Upgrade:NBF has partnered with iGTB to upgrade its digital banking capabilities by adopting iGTB’s open finance platform, eMACH.ai.eMACH.ai...
AI
CIBC plans to hire for 200 new data and AI roles over the next 12 months
Hiring Initiative:CIBC, Canada’s fifth-largest chartered bank, plans to hire over 200 data and AI professionals within the next 12 months.Strategic Focus:...
AI
Pagaya set to acquire Silicon Valley’s Theorem Technology for an undisclosed sum
Here are the key points regarding Pagaya Technologies' acquisition of Theorem Technology:Acquisition Overview:US-Israeli fintech Pagaya Technologies has agreed to acquire Theorem Technology,...
AI
Shawbrook taps nCino for automated SME loan origination
Purpose: Shawbrook Bank has chosen nCino’s platform to automate loan origination and portfolio management processes.
Functionality: The platform will automate complex lending processes,...
AI
Lloyds Banking Group names Rohit Dhawan as new group director of AI and advanced analytics
New Role: Rohit Dhawan has been appointed as the director of AI and advanced analytics at Lloyds Banking Group, a newly created position.
...
AI
Wells Fargo names BNY’s Bridget Engle as new head of technology
Wells Fargo Appoints Bridget Engle as New Head of Technology
Key Points:Appointment Announcement:Bridget Engle has been named Senior EVP and Head of Technology...
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