Technology

A consortium of 20 lenders has assembled an estimated $18 billion project finance package to support development of a data center campus connected to Oracle Corp., adding another financing effort to support artificial intelligence infrastructure boom. Reports suggest that Sumitomo...

Alfa-Bank, which is developing as a leading fintech company, won the "Excellence in Fintech" category at the prestigious Finnovex award on November 12. This recognition highlights the bank's leadership in implementing innovations that not only provide advanced services to...

Three in five banks and insurers cite customer onboarding among top reasons for AI agent adoption 33% of firms are actively developing proprietary AI agents in-house, though only 10% have deployed at scale Nearly half of banks and...

Lloyds Banking Group is introducing the UK’s first large-scale, multi-feature financial assistant powered by artificial intelligence, designed to change how more than 21 million customers manage their money through the bank’s mobile app. The launch marks an important step...

Tangerine Bank has entered into a strategic partnership with Engine by Starling, the Starling Group’s banking Software-as-a-Service (SaaS) business. The agreement means Tangerine will move its operations to Engine’s next-generation banking platform, improving services for its more than 2...

Accenture is investing in Lyzr, an AI company that has developed a full-stack enterprise agent infrastructure platform. As part of this investment, made through Accenture Ventures, Lyzr will collaborate with Accenture to bring agentic AI to banking, insurance and...

Global financial technology firm FIS has introduced the FIS Asset Servicing Management Suite, a new set of automated, connected tools built to make asset servicing more efficient. The suite brings together processes that usually operate separately, like corporate actions...