Technology

The top three fintech investors in the ranking have 42 combined VC investments at the end of Q1 2023.

AI and machine learning are the future of banking and financial services. Regulators and policymakers need to keep the pace.

One area of focus for the bank is using advanced artificial intelligence to detect business-email compromise. The payment messaging network Swift and online gambling host Caesars are also using AI to stop people from gaming their systems.

Wells Fargo leads $70 million funding effort targeting credit-challenged entrepreneurs; PayPal adds Tap to Pay for Venmo, Zettle; Amex names new CFO to succeed retiring veteran finance chief and more in this week's banking news roundup.

The two companies will work together on software and services for joint clients.

PeoplesBank in Massachusetts and others have developed digital brands that cater to younger customers' demands for smoother technology and mobile experiences.

The automated investment service is the latest offering from the U.K. challenger bank as it works to break into non-European markets.

Fidelity is the latest high-profile traditional-finance firm to join the race after BlackRock Inc. made a splash with its June 15 application for a spot ETF, which opened the floodgates for others to try their hand at it, as well.

The technology that powers ChatGPT can sift through and even synthesize massive amounts of data, though it must overcome doubts over reliability, transparency and regulatory risk before it can be harnessed to conduct useful research.

The startup processes more than $10 billion of purchases annually and was among the first digital lending platforms in India to provide short-term working capital for small or family-owned merchants.