Banking
DBS and Ant International Expand Collab in Fintech, Payments
DBS and Ant International have moved to expand their longstanding strategic relationship, signing a new agreement to pursue a broader range of joint initiatives in payments, digitisation and fintech. The two sides aim to widen access to financial tools...
Americas
Banks Finance Oracle Data Center with Major $18 Billion Loan
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...
Banking
The Cashless Future: How Technologies and Non-Financial Services are Transforming Business
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...
Banking
Banks and insurers deploy AI agents to fight fraud and process applications, with plans for new roles to supervise the AI
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...
Banking
Lloyds Banking Group Unveils AI-Powered Financial Assistant
Lloyds Banking Group is introducing the UKโs 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 bankโs mobile app. The launch marks an important step...
Banking
Tangerine and Engine by Starling Collab to Modernise Banking
Tangerine Bank has entered into a strategic partnership with Engine by Starling, the Starling Groupโs banking Software-as-a-Service (SaaS) business. The agreement means Tangerine will move its operations to Engineโs next-generation banking platform, improving services for its more than 2...
Company Statements
Accenture Invests in Lyzr to Bring Agentic AI to Banking and Insurance Companies
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...
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