April 3, 2025 @ 8:05 am By Omar Faridi  |  

Sweden’s central bank, the Riksbank, is embracing a transformative shift in economic forecasting, as recent findings from its Monetary Policy Department reveal that artificial intelligence (AI)-based models are outperforming traditional time series models in predicting Swedish GDP and inflation. This development marks a significant leap… Read More

 Tagged ai, digital technology, imf, monetary policy, research, riksbank, sweden

April 3, 2025 @ 8:02 am By Omar Faridi  |  

Plaid, the San Francisco-based fintech infrastructure company, announced a significant milestone: a $575 million funding round that values the firm at $6.1 billion. This round, led by Franklin Templeton and joined by Fidelity, BlackRock, NEA, and Ribbit Capital, marks a pivotal moment for Plaid as… Read More

 Tagged funding round, plaid

April 3, 2025 @ 12:15 am By Omar Faridi  |  

Adyen (ADYEN:AMS), the financial technology platform for various companies, announced its expanded partnership with Temu, the global e-commerce platform that connects consumers with various merchandise partners, manufacturers and brands. Adyen helped Temu go live in the U.S. in 2022, and has since partnered with the… Read More

 Tagged adyen, digital commerece, europe, payments, temu

April 2, 2025 @ 11:23 pm By Omar Faridi  |  

Allfunds (AMS: ALLFG), the WealthTech partner for the wealth and asset management industries with more than €1.5 trillion assets under administration across Mutual Funds, Alternative Assets and ETPs, announces the launch of Nextportfolio 4, the latest version of its flagship portfolio management tool, “strengthening Allfunds’… Read More

 Tagged allfunds, alternative assets, asset management, wealthtech

April 2, 2025 @ 6:51 pm By Omar Faridi  |  

Klarna, the AI-powered payments and commerce network, announced the relaunch of Laybuy in New Zealand. The launch combines a Kiwi brand with the expertise of BNPL Fintech Klarna. With over 93 million active users and 675,000 retailers across 26 markets, Klarna’s platform will aim to… Read More

 Tagged ai, digital commerce, klarna, laybuy, new zealand, payments

April 2, 2025 @ 6:49 pm By JD Alois  |  

As of April 1, 2025, the Zelle App is no more. Zelle, created by a consortium of financial institutions, has announced that individuals using the stand-alone app must now sign up with one of the over 2200 banks and credit unions in the US that… Read More

 Tagged payments, transfers, zelle

April 2, 2025 @ 10:59 am By JD Alois  |  

Big UK banks and big tech have joined together to commit to battling the ongoing fraud challenge which is impacting the financial services sector. Amazon, Barclays, BT, Google, HSBC, Lloyds, Nationwide, NatWest, Match Group, Meta, Monzo, Santander, and Three joined in signing a statement to… Read More

 Tagged biocatch, fraud, social media, Stop Scams UK, uk, united kingdom

April 2, 2025 @ 10:33 am By JD Alois  |  

Ayan Capital says it has raised £25 million in Shariah-compliant financing from institutional debt provider Partners for Growth (PFG). Ayan says the commitment reflects the rising demand for Islamic financial products in the UK. Ayan Capital already provides halal business car financing, serving private hire… Read More

 Tagged ayan capital, shari'ah, uk, united kingdom

April 2, 2025 @ 10:21 am By Omar Faridi  |  

Payhawk, the spend management platform, today announced the launch of “AI Office of the CFO,” a suite of AI agents that solve finance’s AI challenge: increasing finance teams’ productivity while “maintaining complete control over their operations.” With its platform managing companies’ transactions, policies, workflows, and… Read More

 Tagged ai, AI Agents, europe, finance, payhawk, spend management

April 2, 2025 @ 10:04 am By Tony Zerucha  |  

Ocrolus, a provider of AI-driven document automation and analysis for financial services and Entech, a global digital consultancy, today announced a strategic partnership to transform the lending application process. By combining Ocrolus’ intelligent document processing technology with Entech’s loan origination platform and technology services, lenders can… Read More

 Tagged ai, Angel Carra, automation, Entech, ocrolus, online lending, Zach Haehn