Revolut, a global financial super app serving over 45 million customers worldwide and 9+ million customers in the UK, is thrilled to announce that it has been authorized as a UK bank subject to restrictions. This significant milestone marks an important step in Revolut's journey to launch its bank to customers in the UK.

DeepBrain AI, a pioneering generative AI company, is proud to announce the launch of the latest iteration of its AI Bank Teller complete with next-generation machine learning. Developed in collaboration with Shinhan Bank, this deep learning technology aims to revolutionize banking by creating interactive AI versions of employees to service customers.

Wherever you look – the way consumers approach banking and payments has shifted. Trends that were already in motion before 2020 were accelerated further by the pandemic. Consumers are increasingly adopting digital wallets, contactless payments, and online banking, spurred by convenience and the rise of e-commerce.

PayU GPO, the leading online payment service provider operating in over 50+ emerging markets, today announces the appointment of Simona Covaliu as Chief Risk Officer.

Covaliu brings over 18 years of experience to the role, having worked at various global companies including Booking.com as Senior Risk Manager, Uber as Chief Risk and Compliance Officer, and Mambu as VP of Risk and Compliance.

Papaya Global, the ultimate workforce payroll and payments platform, and Cegid, a European leader in cloud management solutions for professionals in the finance (treasury, tax, ERP), human resources (payroll, talent management), accountancy, retail and entrepreneurship sectors, today announced their partnership offering clients a holistic solution for hiring, managing, and paying their global workforce.

Last week’s global IT outage affecting 8.5 million Windows PCs once again highlights the vulnerabilities in the computer systems of some of our largest companies and organisations. The failure, triggered by an update of CrowdStrike cybersecurity software, disrupted services and sectors including airlines, online transactions, cash machines,  card payments for retailers like Morrisons and many high street banks. Even NHS GP and cancer-treatment appointments were cancelled.

Strive Enterprises, Inc., a financial services company with an asset management platform focused on maximizing long-run returns for investors, today announced it closed a $30 million Series B financing round led by Cantor Fitzgerald, L.P. Deason Capital Services, who led the Series A round, Narya Capital, and several prominent entrepreneurs also participated in the financing.

The digital revolution, fueled by artificial intelligence and big data, is reshaping the landscape of receivables and credit management in the DACH region. As fintech companies and payment service providers introduce innovative payment and collection methods, traditional financial services must adapt or risk obsolescence. This transformation, driven by customer-centric services and data analytics, offers greater efficiency, effectiveness, and an enhanced user experience. 

​Fin+AI 2024, the premier conference uniting the domains of Financial Technology and Artificial Intelligence, today announced the second wave of visionary speakers who will be presenting at the upcoming event. This groundbreaking new show, taking place October 2-4, 2024 at Le Méridien in Dania Beach, Florida, will focus on the transformation of banking and financial services - driven by the convergence of Fintech and AI.