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Artificial Intelligence Digital Featured Fintech Technology

Risks Associated With the Integration of Deficient Chatbots

Pooja Choudhary
Summary Introduction Chatbot use in consumer finance Exclusive industry insights Use of large language models and AI Growth and adoption in the financial industry Problems consumers encountered while engaging with chatbots Technical limitations and associated security risks The perils of implementing flawed chatbots Conclusion Introduction Chatbots are computer programs that......
Ramp Announces $300 Million in New Funding to Accelerate Expansion in New Categories
Finance Fintech Funding News

Ramp Announces $300 Million in New Funding to Accelerate Expansion in New Categories

PR Newswire
Investment follows 6x growth in purchase volume since last funding, showing growing demand for Ramp’s software that helps companies become more financially efficient Ramp, the finance automation platform designed to help businesses spend less, announced a $300 million Series D on the back of strong revenue growth, rapidly increasing market share......
BrightTower Advises Leading B2B Information Provider Winsight in Sale to Informa PLC
E-commerce Investment Services News

BrightTower Advises PowerReviews in Sale to 1WorldSync

PR Newswire
1WorldSync, the Chicago-based technology company providing the world’s leading brands and retailers with critical product information to help consumers make purchasing decisions, has acquired PowerReviews, a leading SaaS provider of user-generated ratings, reviews and other content. BrightTower, a New York City headquartered investment banking and M&A advisory services firm, served as exclusive financial......
Thales Launches Cloud-based Payment HSM Service to Help Accelerate Adoption of Cloud Payments Infrastructure
Digital Payments News

Thales Launches Cloud-based Payment HSM Service to Help Accelerate Adoption of Cloud Payments Infrastructure

Business Wire
Cloud-based payment HSM delivers greater flexibility, scalability and speed-to-market Thales announces the launch of Thales payShield Cloud HSM, a subscription-based digital payments security service built on its market-leading payShield 10K Payment Hardware Security Module (HSM) technology to help customers accelerate the adoption of cloud-based payments infrastructure. “Continuing our decades of collaboration with......
ClassWallet Closes $95 Million Funding Round to Continue Reshaping the Way State and Local Government Agencies Do Business
Investment Services News

ClassWallet Closes $95 Million Funding Round to Continue Reshaping the Way State

Business Wire
ClassWallet, the leading digital wallet-based purchasing and reimbursement platform for public funds, announced it closed its first institutional growth capital funding round of $95 million. Guidepost Growth Equity led the raise which included Education Growth Partners (EGP) and Lazard Family Office Partners. The investment builds on ClassWallet’s rapid growth and supports its continued efforts......
Palm Tree Advises The Neato Company on Debt Financing to Support Rapid Growth
Banking News

Palm Tree Advises The Neato Company on Debt Financing to Support Rapid Growth

PR Newswire
Palm Tree LLC, the modern M&A advisor that provides integrated investment banking and consulting services for private equity firms and businesses worldwide, announced its Investment Banking team advised on a successful debt financing transaction for The Neato Company with funds being provided by an institutional investment fund. Financial details of the......
Credit Card Issuers Must Confront Consumers’ Mounting Debt, J.D. Power Finds
Fintech News

Credit Card Issuers Must Confront Consumers’ Mounting Debt, J.D. Power Finds

Business Wire
Total U.S. credit card debt increased $45 billion between April and June of this year and has now topped the $1 trillion mark, according to the New York Federal Reserve. For the nation’s credit card issuers that inauspicious milestone, combined with several other consumer behavioral trends, should be cause for......
Voiceflow Announces $15 Million Investment from OpenView Venture Partners
Investment Services News

Voiceflow Announces $15 Million Investment from OpenView Venture Partners

GlobeNewswire
Investment to Support Continued Innovation of the Industry’s Only Collaborative Agent Building Platform with Generative AI Capabilities Voiceflow, the industry’s first and leading collaboration platform for building AI agents, announced it has closed a $15 million round of financing led by OpenView, a leading venture capital firm focused on business......
Fiserv Named Among World’s Most Innovative Companies by Fast Company
Digital Payments Fintech News

Fiserv Named Among World’s Most Innovative Companies by Fast Company

Business Wire
Fiserv recognized for enabling businesses to bridge the gap between digital and physical commerce Fiserv, a leading global provider of payments and financial services technology solutions, has been named to the list of the World’s Most Innovative Companies by Fast Company, marking the second consecutive year Fiserv has been named among the prestigious group. The......
Disprz Raises $30 Million in Series C Funding to Expand Presence in the US Market
Artificial Intelligence Fintech Funding News

Disprz Raises $30 Million in Series C Funding to Expand Presence in the US Market

Business Wire
Disprz, an AI-powered learning and skilling suite, has raised $30 Million in its Series C funding round led by Lumos Capital and 360 ONE Asset (IIFL), with participation from Kae Capital, KOIS, & Dallas Venture Capital. The funds raised in the round will be utilized for global market expansion and......
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