Artificial intelligence

News/retail

Argentinian fintech Ualá hits $2.75bn valuation on $300m funding round

The VC arm of insurance giant Allianz has led a $300 million Series E funding round for Ualá which values the Argentinian mobile banking player at $2.75 billion.

11 November 2024

News/ai

NextGen: AI – UK AI market poised to grow six-fold

Join Finextra at our inaugural London event at the end of November to redefine the role of AI in financial services and explore why the UK AI market is set to grow exponentially.

08 November 2024

News/ai

BBVA to train top executives in GenAI

BBVA is creating a training programme to give its top executives a grounding in the use of GenAI to improve productivity.

05 November 2024

News/ai

NextGen: AI – Exploring the impact of generative AI in financial services

Join Finextra at our inaugural London event at the end of November to redefine the role of AI in financial services and explore the impact of generative AI.

04 November 2024

Finextra TV/sustainable

Sustainable Finance Live Hackathon 2024 Winners: Established Category

Richard Peers, Contributing Editor, Finextra and Founder of Responsible Risk, connects with Rochelle Mountany, CEO, and Dicky Thomas, Operations Manager at Afri, to discuss the company’s 26-year journey and their win in the Established Category for the Sustainable Finance Live Hackathon 2024. After choosing the Challenge of enhancing nature through sustainable agriculture with large language models and geospatial data, this hackathon team created AfriGIS Ecohub that built upon Afri’s specialisation in data science to provide data driven insights to three groups – small holders, commercial farmers and financial institutions. By connecting these stakeholders with a single supply chain platform, real-time data driven insights can be leveraged to build upon opportunities to grow.

01 November 2024

News/sustainable

Tehanu completes world’s first ‘interspecies money’ transfer

Africa-based startup Tehanu has completed its first ‘interspecies money’ transfer, which enables the transfer of funds through digital wallets associated with the conservation of Rwandan mountain gorillas.

01 November 2024

News/ai

Commbank comes clean over energy and water consumption for AI

Commonwealth Bank of Australia has clarified comments made by the bank's chairman at its general meeting over the use of renewable power sources and water to support its AI models.

01 November 2024

News/payments

Airwallex in talks on funding at $6bn valuation - report

Singapore-based payments firm Airwallex is in talks to raise $200 million at a $6 billion valuation, according to Bloomberg.

31 October 2024

Research/Artificial intelligenceImpact Study

2024 Fraud Trends in Banking, Insurance, and Beyond

31 October 2024 360 downloads

News/ai

Mastercard rolls out first of a suite of GenAI assistants

Mastercard has launched a GenAI-based digital assistant designed to speed up customer onboarding.

30 October 2024

News/ai

ANZ overhauls operations

Australia's ANZ is overhauling its business to create a new unified operations unit and a group-wide data and analytics function.

30 October 2024

News/ai

Australia's Asic highlights governance lag in AI adoption

Australia's Securities and Investment Commission (Asic) is urging financial services and credit licensees to ensure their governance practices keep pace with their accelerating adoption of artificial intelligence.

30 October 2024