AI
PayPal hires Srini Venkatesan as new CTO
PayPal Appoints Srini Venkatesan as New CTO: Key PointsAppointment Announcement:Srini Venkatesan named as PayPal’s new Chief Technology Officer (CTO), effective 24 June....
AI
NatWest prepares to introduce GenAI-powered virtual assistant Cora+ in collaboration with IBM
NatWest Launching AI-Powered Virtual Assistant Cora+Introduction:NatWest is launching a generative AI-powered virtual assistant, Cora+, developed with IBM’s Watsonx.Features:Integrates information from...
AI
AYA Bank taps SmartStream for transaction lifecycle management solution
Partnership Overview: AYA Bank, the second-largest bank in Myanmar, selects SmartStream's digital payments platform for transaction lifecycle management (TLM) to manage a surge...
AI
Former Thomson Reuters exec David Larson named Feedzai’s new CFO
Appointment of David Larson as CFO: Feedzai has appointed David Larson, a former Thomson Reuters executive, as its new Chief Financial Officer (CFO).
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AI
US start-up Parafin lands $125m warehouse facility from SVB and Trinity Capital
Funding Details:Parafin, an embedded finance fintech, has secured a $125 million warehouse facility from Silicon Valley Bank (SVB) and Trinity Capital.Company...
Banking
Empower Finance strikes deal to buy Petal with Cashalo acquisition completed
Acquisition by Empower Finance:Empower Finance, a US-based credit underwriter, has entered into a definitive agreement to acquire Petal, a credit card and...
AI
Google Cloud to develop quantitative research and genAI capabilities for three new industry takers
Google Cloud's Expansion in Financial Institutions:Google Cloud has extended its technology to three new financial institutions, showcasing a boost for the industry's...
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