The financial services sector is poised to benefit hugely from widespread use of ChatGPT and other language processing models. These novel technologies can help detect fraudulent or risky behaviour, enhance marketing and customer management efforts, improve user experiences, stay on top of market trends and even support compliance requirements. In short, ChatGPT could be transformative for the financial industry.
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Nutanix, a leader in a private cloud, hybrid, and multicloud computing, today announced Forestry & Land Scotland (FLS) has upgraded its datacentre infrastructure to a hyperconverged infrastructure (HCI), selecting the Nutanix Cloud Platform to support a workload of 300 virtual machines.
Solaris SE, Europe’s leading embedded finance platform, announced today the EUR 38 million first close of its Series F round, led by existing investors. As previously stated, Solaris will use the funds primarily to strengthen governance and compliance and lay the foundation for the company's next phase of growth.
Financial technology revenues are projected to grow sixfold from $245 billion to $1.5 trillion by 2030, according to a new report released by Boston Consulting Group (BCG) and QED Investors.
The challenges to financial crime prevention are greater than ever. In January, the National Crime Authority reported another record set in the last financial year with 901,255 Suspicious Activity Reports received and processed - a 21% increase on the previous year.
Delta Capita, a leading global capital markets consulting, managed services and technology provider, today announces that it has partnered with Perigon Partners, a specialist sustainability strategy consultancy, to advance its sustainability consulting offering by providing their clients access to Perigon’s expert sustainability advisory.
Over the past year, the European P2P market has strengthened and outlined a trend towards moderate growth, as was forecasted by Robocash investors.
According to a survey conducted in 2022, 43% of platform users indicated that the market will grow moderately next year.
Since the beginning of 2023, the European P2P industry has shown an average growth of 5% MoM.