In an impressive demonstration of agility and innovation, SEB Embedded successfully leveraged Thought Machine's cloud-native core banking platform, Vault Core, to launch the Hemköp Matkonto service in less than ten months. This rapid development is particularly noteworthy given the
The cryptocurrency market is ever-evolving, with new projects and technologies emerging regularly. As we look ahead to 2024, several cryptocurrencies stand out for their potential to experience significant growth. This article delves into five promising cryptocurrencies, examining their unique
Lean Technologies, a prominent fintech infrastructure provider based in Riyadh, has recently secured a substantial US$67.5 million in Series B funding. This impressive financial feat was led by General Catalyst, significantly boosting Lean's total funding to over US$100 million. The primary
Imagine a world where small businesses and startups can access customized credit decisions almost instantaneously, thanks to advanced artificial intelligence and real-time data processing. That world is becoming a reality through the strategic partnership between Grasshopper, a digital bank focused
The legal field, particularly intellectual property (IP) law, is experiencing a technological revolution. Schwegman, Lundberg & Woessner P.A. (SLW), a leading law firm in IP services, has recently announced a strategic partnership with DeepIP, a cutting-edge AI tool designed to enhance patent
The digital trade finance platform Modifi, which focuses on supporting small and medium-sized enterprises (SMEs), has successfully raised $15 million in new funding to propel its growth strategy. This latest funding round was spearheaded by Japan's Sumitomo Mitsui Banking Corporation (SMBC)
Cathie Wood, founder of Ark Invest, recently weighed in on the significant impact Donald Trump's potential return to the White House could have on the US economy. She particularly focused on the transformative effects this might have on the crypto market and various cutting-edge technologies.
Despite the enormous potential of artificial intelligence (AI) to revolutionize the financial services sector, a significant portion of this industry remains hesitant to fully embrace the technology due to concerns around regulatory compliance and the potential for extensive job losses. This
Decentralized finance (DeFi) has emerged as a revolutionary sector within the financial industry, offering a range of services such as lending, borrowing, and trading without the need for traditional intermediaries. Built primarily on blockchain technology, DeFi promises high returns and innovative
A massive global IT outage ignited a stern warning from the UK's Financial Conduct Authority (FCA) to financial firms, urging them to fortify their cyber defenses against increasingly prevalent digital threats. The wake-up call came following a significant operational disruption caused by a
