Zuto, a car finance marketplace, has recognized the potential of AI while also understanding the importance of customer service. They have found that AI can be used to enhance customer interactions, automate
TLDR: Applications and nominations are now open for the Fintech Awards Wales 2024, celebrating the growth of the FinTech sector in Wales. The ceremony features 15 categories and will take place on
Jim Esposito, co-head of the global banking and markets division at Goldman Sachs, is set to retire from his role. Esposito will become a senior director at the investment bank. His retirement
TLDR: Netflix is hiring a financial analyst to analyze residuals, which are additional compensation paid to talent for the reuse of content beyond their initial compensation. The analyst will be responsible for
TLDR: AI is revolutionizing the future of fintech by boosting efficiency and improving customer experience. Approximately 51% of fintech firms are already using AI in at least one critical business operation, allowing
The Baseball Hall of Fame is facing financial challenges and a drop in attendance due to the impact of COVID-19. The organization’s revenue declined from $9.43 million in 2021 to $2.36 million
TLDR: Rapid growth is expected for account-to-account (A2A) payments, which allow money to be transferred directly from one party’s account to another instantly. Payment fraud, particularly authorised push payment (APP) fraud, is
TLDR: Carmoola, a UK fintech specializing in direct-to-consumer car finance, has raised £15.5 million ($20.6 million) in equity investment. The fundraising follows a £8.5 million Series A round and a £95 million
MT Finance has announced that it is cutting rates on its buy-to-let loans by up to 100 basis points. The specialist lender’s new rates start from 4.65% for two-year fixes on standard
TLDR: Finastra is partnering with Databricks to enhance its product development and artificial intelligence (AI) capabilities. The collaboration will enable Finastra to access and deliver value with AI, including generative AI, whilst
TLDR: Customers are increasingly turning to digital banking, but there are aspects of the financial journey that are still best accomplished with a human touch. Banks that fail to strike a balance
TLDR: Citigroup plans to cut 20,000 jobs over the next two years in an effort to streamline operations after disappointing Q4 2023 results. The job cuts will make up approximately 10% of
Jabil Inc. is partnering with fintech firm Revolut to enhance the development and production of an innovative mobile point-of-sale (mPOS) solution. The collaboration will allow Revolut to expand its merchant acquiring capabilities