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Elon Musk Joins AI Experts and Industry Executives in Urging a Pause in Advanced AI Development

Elon Musk, along with a group of artificial intelligence experts and industry executives, is calling for a six-month pause in the development of systems more powerful than OpenAI's newly launched GPT-4. The open letter, issued by the non-profit Future of Life Institute and signed by over 1,000 individuals, cites potential risks to society and humanity as reasons for the call to action.

Wednesday, March 29, 2023 - 10:28
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Financial IT
Credolab and Provenir Partner to Increase Financial Inclusion with Behavioural Data

Fintech scaleup credolab, the leading provider of bank-grade digital scorecards and data enrichment solutions, has announced a transnational partnership with Provenir, a global leader in AI-powered data and dec

Wednesday, March 29, 2023 - 10:07
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Financial IT
Patentrenewal.com Reshapes the Intellectual Property Industry - Receives €2M in Funding

PatentRenewal.com, a rapidly growing Danish SaaS scale-up raised €2M from Finnish early-stage SaaS Investor Vendep Capital. The company is already one of the market leaders in the Nordics when it comes to renewing patents, and with the help of the investment they aim to continue their journey in expanding in the IP industry. 

A growing $6B IP renewals market 

Wednesday, March 29, 2023 - 09:46
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Financial IT
Zone Adopts ThetaRay AI Solution to Monitor and Screen Payments in Nigeria

Zone (formerly Appzone), Africa’s first regulated layer-1 blockchain network for payments, and ThetaRay, a leading provider of AI-powered transaction monitoring technology, today announced they will collaborate to implement ThetaRay’s cloud-based SONAR solution to monitor and screen Zone’s transactions in Nigeria for illicit activities and sanctions violations. 

Wednesday, March 29, 2023 - 09:39
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/news/artificial-intelligence/zone-adopts-thetaray-ai-solution-monitor-and-screen-payments-nigeria
Financial IT
Reuters Events Exclusive Report: Insuring Tomorrow – CEO Insights on Future-Proofing Insurance

Insurance is evolving at record pace, and carriers are faced with the challenge of keeping up with changing times. As Mary Boyd, President & CEO of Plymouth Rock Assurance Corporation puts it, “Insurance risk doesn’t disappear, it simply changes form – and over the next decade, we all need to ready our businesses for material change”. The need for future-proofing insurance has become more critical than ever, and carriers must adapt their strategies to remain relevant in the industry.

Wednesday, March 29, 2023 - 09:21
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Financial IT
Improved Data Insights and Digital Skills are Key to a Stronger Finance Function, Say Senior Finance Leaders

New research from American Express finds that over half of UK finance leaders (55%) expect to increase their team’s headcount in the coming years, but the skills and capabilities they are seeking are evolving, in line with a desire to improve the finance function’s efficiency and performance. 

Wednesday, March 29, 2023 - 09:17
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Financial IT
Apple Launches Apple Pay Later

Apple has finally launched its buy now, pay let service in the US, enabling users to split purchases into four equal payments.

Wednesday, March 29, 2023 - 09:13
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Financial IT
Paymentology and Wio Bank PJSC Transform Banking Across the UAE

Paymentology, the leading global issuer-processor, has joined forces with Wio Bank PJSC, the region’s first platform bank, to power its innovative banking model with customer-centric card payment services. 

Wednesday, March 29, 2023 - 08:44
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Financial IT
Broadridge and SDC to Deliver Enhanced Investor Voting Solution to the Nordic Markets

To meet ongoing regulatory and market demand for increased governance and transparency, global Fintech leader Broadridge Financial Solutions, Inc. today announced that it has signed an agreement with SDC, a leading provider of banking systems in Scandinavia, to deliver its end-to-end digital voting solutions to SDC’s customers.

Wednesday, March 29, 2023 - 08:38
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/news/trading-systems/broadridge-and-sdc-deliver-enhanced-investor-voting-solution-nordic-markets
Financial IT
Zenus Bank Makes Strategic Acquisition of Leading Payments Provider

Zenus Bank, the digital bank that makes U.S. bank accounts available internationally, is proud to announce the acquisition of Financial Urban Exchange LLC (FUEX Payments), a fintech specializing in real-time payments for the Caribbean and Latin American (LAC) markets.

Wednesday, March 29, 2023 - 08:32
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Financial IT

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