/ai
Canadian bank CIBC is set to hire more than 200 data and artificial intelligence roles over the next 12 month
4 hours
/payments
JP Morgan is teaming up with vendor PopID to trial pay-by-face biometric payments with merchants across the US.
American digital bank Varo has inked a five-year issuer processor deal with Marqeta.
Ratings and analytics provider S&P Global has struck a deal with Accenture to train its entire 35,000-strong workforce in generative AI.
10 hours
/people
German prosecutors have charged a further two Wirecard executives with wrong-doing in the lead up to the collapse of the once hyped fintech company.
13 hours
/cloud
NCR Voyix has entered an agreement to sell its cloud-based digital banking business for $2.45 billion in cash to Veritas Capital.
15 hours
/startups
Total global investment in fintech fell from $62.3 billion across 2,287 deals in H2’23 to $51.9 billion across 2,255 deals in H1’24.
18 hours
/wealth
European alternative investment platform Mintos has wrapped up a €3.1 million crowdfunding campaign on Crowdcube.
/security
Australia's Commonwealth Bank says it has cut customer scam losses in half in FY24 through a combination of new anti-scam technologies, cross-industry collaborations and customer education.
06 August 2024
Qardy, the operator of a digital lending marketplace in Egypt and the Mena regions, has secured a $7-figure pre-Seed round of investment with participation from White Field Ventures and Vastly Valuable Ventures.
Neighborhood loyalty platform Bilt Rewards has lifted its valuation to $3.25 billion on the back of a $150 million funding round.
05 August 2024
/markets
US online brokerages suffered downtime as market opened in anticipation of a stock market rout.
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