FTS Daily Roundup starts today! We are covering the top updates from around the world. The updates will feature state-of-the-art capabilities in Fintech insights, Trending fintech news, Crypto, Fintech SaaS, Fintech Cloud, Analytics and AI ML. We will cover the role of FTS Daily Roundup and its application in various industries and daily.
Deloitte India Enters Into a Strategic Alliance With BUSINESSNEXT
Deloitte Touche Tohmatsu India LLP and BUSINESSNEXT have announced a strategic alliance to provide advanced smart banking solutions that enhance customer engagement and experience. Deloitte’s focus on delivering tangible business outcomes and driving adoption, combined with BUSINESSNEXT’s robust and scalable Customer Relationship Management (CRM) platform and extensive implementation expertise, will empower clients to maximise their returns on investment throughout their transformative journey.
Genpact Integrates riskCanvas with Amazon Bedrock for Advanced AI in Financial Crime Management
Genpact, a global professional services firm focused on delivering outcomes that transform businesses, expanded its relationship with Amazon Web Services, Inc. (AWS) to transform financial crime risk operations, leveraging generative AI and large language models (LLMs).
Lloyds Bank Collaborates Visa Commercial Pay For Spend Management
Lloyds Bank is making strides in the business spending management sector by introducing Visa virtual cards. Business administrators and managers are able to keep a tight eye on employee spending with the help of Visa Commercial Pay cards, which may be given individually or in batches and have real-time control. It is possible to set restrictions on who, when, where, and what can be paid.
Akamai Research Finds 65 Percent Increase in Web Application and API Attacks on Financial Services
Akamai Technologies, Inc., the cloud company that powers and protects life online, released a new State of the Internet report that explores existing and emerging cyberattacks against the financial services industry. The new report, The High Stakes of Innovation: Attack Trends in Financial Services, includes regional data as well as a look into what is driving the increased number of attacks against the sector.
Solaris Struggling to Raise Funds
Solaris, a German banking-as-a-service (BaaS) fintech, is apparently having trouble raising new money, calling into question its ability to fulfill on a significant credit card contract, as reported by the Financial Times.
