Projections show that the global AI adoption rate could grow as much as 40% between 2023 and 2030.

This anticipated growth is a fitting context for the announcement of an innovative offering that sees Google Cloud’s Industry Value Networks and GFT combine efforts, along with independent software vendors (ISVs), to bring forward a new GenAI Intelligent Assistant for banks to support their customer service.

Hokodo, Europe’s leading provider of digital payment terms solutions, has today announced a new €100 million debt facility from Viola Credit, a global credit investment manager focused on supporting the growth of the innovation economy. 

Mastercard announced new credit card benefits, working with leading health & wellness, travel, and lifestyle brands to help bridge the gap between everyday essentials and enriching experiences. New offerings with Alo Moves, Booking.com, HealthLock, Instacart Business, 

LexisNexis® Risk Solutions has been recognized as a Luminary in the Technology Capabilities Matrix of the Financial Crime Compliance Technology: Watchlist Screening Edition report from Celent. The analyst's matrix designates Luminary as the top category, equivalent to a leadership ranking.

SC Ventures, Standard Chartered’s innovation, fintech investment and ventures arm, and NEXT176, the venture building and investment arm of Old Mutual, a Pan-African financial services group, have joined forces to launch an inclusive financial wellness platform.

1. Can you highlight some of the key themes and topics that will be covered at this year’s IFGS, and how they reflect the current trends in the fintech industry? 

The Innovate Finance Global Summit (IFGS) returns on the 15th and 16th of April to the historic Guildhall, right in the heart of the City of London. 

Electronica Finance Limited (EFL), one of India’s largest providers of loans to MSMEs (Micro, Small, and Medium Enterprises), today said that it has agreed upon $48 million of new funding.

According to the United Nations, 2-5% of global GDP is laundered each year, amounting to $800 billion - $2 trillion in US dollars. Of course, due to the clandestine nature of money laundering, the extent of it can be considered fairly unclear. But the problem with it is clear. 

PowerPay, a leading fintech company specializing in real-time lending and payment solutions for contractors and physicians announced the closing of their inaugural securitization obtained by home improvement and elective medical loans and a 144A transaction rated by KBRA.