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Cryptocurrency exchange Kraken has launched a venture fund to invest in early-stage crpto and fintech startups.
11 February 2021
The Covid-19 pandemic is eliminating previous fears about the role of AI in financial services, with individuals and business leaders now trusting a robot more than a human to handle their financial affairs.
Symend, a Canadian startup that helps companies such as financial institutions and utilities identify and assist customers struggling to pay bills, has raised US$43 million. The funding - a Series B+ that tops up a May 2020 US$52 million Series B - was led by Inovia Capital.
09 February 2021
The Bank of New York Mellon is working with Google Cloud to help clients better predict billions of dollars in daily treasury market settlement failures to improve market liquidity.
08 February 2021
Swiss wealth management fintech WealthArc is looking to strengthen its overseas growth after securing more than $4 million in funding.
03 February 2021
Bank of America has seen a surge in digital engagement during the Covid-19 pandemic, with 70% of consumer clients now using online and mobile channels.
The first Sustainable Finance hackathon run by data science specialists Elastacloud in association with Finextra and Responsible Risk, took place on 16 and 17 January bringing together 38 professionals from the finance and technology sectors.
29 January 2021
Finextra is at Davos this year, covering global insights into the impact fintech has on wider issues such as responding to Covid-19, restoring economic growth and advancing a new social contract.
26 January 2021
The Luxembourg Stock Exchange has acquired a 22.8% stake in local data handling startup Tetrao.
Scotiabank says that its investment in machine learning is paying off during the Covid-19 pandemic, enabling it to help clients navigate uncertain and challenging times.
11 January 2021
HSBC has inked a multi-year deal with Silent Eight, recruiting the regtech startup in its efforts to fight financial crime.
06 January 2021
The mobile operator unit of Russian bank Tinkoff has revamped its voice assistant, giving customers the ability to choose its name, voice and gender.
05 January 2021
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