Nasdaq has unveiled a groundbreaking machine learning methodology specifically designed to revolutionize risk calculations and predictive analytics within the financial services industry. Integrated into the Calypso platform, this innovative technology promises to enhance the processing of complex
In the ever-evolving world of finance, Siam Commercial Bank (SCB), one of Thailand’s leading financial institutions, has embarked on an innovative journey to revolutionize cross-border payments through the adoption of stablecoins. This initiative not only promises to enhance efficiency but also to p
The finance sector has undergone a profound transformation due to the rapid advancements in technology over recent years. Emerging technologies like automation, artificial intelligence (AI), and blockchain are continually reshaping traditional financial practices, rendering them more efficient and
The Bank for International Settlements (BIS) has announced the launch of Project Aperta, an ambitious initiative aimed at transforming the landscape of global trade finance. This project seeks to address the current frictions and exorbitant costs that plague international trade, particularly for
Choosing the right digital wallet can significantly impact your financial management and daily transactions. This guide explores some of the top digital wallets available, highlighting their unique features, benefits, and ideal use cases to help you determine which one best suits your financial
London-based B2B SaaS company Diesta has achieved a significant milestone by securing $3.8 million in a Seed funding round. FinTech Collective, a renowned venture capital firm based in New York, led the funding with additional participation from Commerce Ventures, Restive Ventures, and SixThirty.
Artificial Intelligence (AI) is heralding a new era across various industries, transforming the gig economy and the financial services sector with equal intensity. The applications of AI in these fields bring about a plethora of opportunities and challenges, especially concerning regulation and
Best Egg, a US-based consumer financial technology platform renowned for its innovation in personal loans, has recently secured a substantial $500 million purchase facility. With backing from Fortress Investment Group and Edge Focus, this strategic investment is poised to revolutionize the personal
The US fintech sector is a paradox of advanced innovation juxtaposed with stubborn traditionalism. It’s a place where some of the world's most cutting-edge financial technologies emerge, yet simple technologies like contactless payments aren’t universally accepted. This dynamic landscape was vi
The rapid evolution of the digital lending landscape has opened up new vistas for financial inclusion and economic growth globally. As this sector burgeons, India stands out as a significant leader, leveraging its robust fintech ecosystem to drive unprecedented advancements and reshape traditional
