Tag : AI adoption

Investec Selects Infosys Finacle SaaS Platform on Microsoft Azure for Digital Banking Transformation
Banking News

Investec Selects Infosys Finacle SaaS Platform on Microsoft Azure for Digital Banking Transformation

PR Newswire
Infosys Finacle, part of EdgeVerve Systems, a wholly-owned subsidiary of Infosys (NSE: INFY) (BSE: INFY) (NYSE: INFY), today announced that Investec, a leading international bank and wealth manager, has selected the Finacle Digital Banking Solution Suite on Microsoft Azure to modernize its banking operations across South Africa, the UK, Mauritius, and the Channel Islands. As part of this multi-country,......
Africa Leads the World in AI Adoption — But Can't Pay for It. LinkPay Brings Instant Virtual Cards for AI Services
Artificial Intelligence Digital Payments News

Africa Leads the World in AI Adoption — But Can’t Pay for It. LinkPay Brings Instant Virtual Cards for AI Services

EIN Presswire
Kenya ranks #1 globally in ChatGPT usage, Nigeria has over a million developers on GitHub. LinkPay issues virtual USD cards that work where local cards don’t. LinkPay, a virtual card platform for international payments, today announced the expansion of its virtual dollar cards to users in Nigeria, Kenya and Ethiopia,......
AI Crisis or Opportunity?
Artificial Intelligence Banking Finance Fintech Industry Perspectives Investment Services Lending

AI Crisis or Opportunity?

Tim Pranger
For credit unions, the answer is both … and neither I had breakfast with a credit union CEO at a conference last year who told me they were in the middle of an “AI audit.” I asked what that meant. She said they were figuring out how many positions they......
GECA Launches Its First Task Force to Guide Responsible AI Adoption in Global Crowdfunding
Fintech Funding News

GECA Launches Its First Task Force to Guide Responsible AI Adoption in Global Crowdfunding

EIN Presswire
Neera Patel, Chief Product Officer at Dacxi Chain, appointed Chair as the industry body convenes experts on responsible AI adoption in crowdfunding The Global Equity Crowdfunding Alliance (GECA) is pleased to announce the formation of its first official Task Force: the GECA AI Governance Task Force. As artificial intelligence continues......
Earnix Research Reveals 55% of UK Insurers Have Already Embedded AI Into Core Business Functions
Artificial Intelligence InsurTech News

Earnix Research Reveals 55% of UK Insurers Have Already Embedded AI Into Core Business Functions

Fintech News Desk
Survey report finds UK insurers moving beyond AI pilots — but struggling to scale execution, governance and personalisation Earnix, a leader in AI-driven pricing, underwriting, and customer engagement for insurers, today released its new report Insurance 2026: Earnix AI Trends Bulletin | UK Survey Results In Depth, revealing that more than half......
Algebra AI Launches with a $7M Round to Bring AI Operations to Mid-Market Businesses
Artificial Intelligence Finance News

Algebra AI Launches with a $7M Round to Bring AI Operations to Mid-Market Businesses

EIN Presswire
AI transformation firm addresses a mid-market gap, with clients across financial services, F&B, manufacturing and distribution. Algebra AI today announces its official launch, emerging from stealth with clients across the financial services, food and beverage, distribution and manufacturing sectors, and $7 million in financing from investors including Infinity Constellation, BECO Capital,......
Bybit Launches AI Sub-Account: Enabling Safer AI Agent Trading with Fund Isolation and Permission Controls
Artificial Intelligence Finance News

Bybit Launches AI Sub-Account: Enabling Safer AI Agent Trading with Fund Isolation and Permission Controls

PR Newswire
Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has launched AI Sub-Accounts, upgrading its account architecture to better support AI adoption and give users better control over their AI agents. The dedicated account type is part of a security framework designed to protect trader assets when connecting AI agents to their......
Adapt or Atrophy? The AI Velocity Gap in Finance Transformation
Artificial Intelligence Finance Industry Perspectives Investment Services Technology

Adapt or Atrophy? The AI Velocity Gap in Finance Transformation

There is an interesting argument about the AI Velocity Gap, or the difference in speed with which individuals adopt AI versus enterprises. Barriers at the individual level seem to be addressed with greater agility and adaptability. It is at the enterprise level that siloed systems, outdated workflows, and inadequate trust......
The World Alliance Releases 2026 Report on Artificial Intelligence in Financial Services
Finance News

The World Alliance Releases 2026 Report on Artificial Intelligence in Financial Services

EIN Presswire
The World Alliance in collaboration with ADGM, has published its latest report examining the transformative role of AI across global financial centers The World Alliance of International Financial Centers (WAIFC), in collaboration with Abu Dhabi Global Market (ADGM), the international financial centre of Abu Dhabi, has published its latest report examining the......
Credit Unions and Banks Are Mitigating AI Exposure Through An On-Premise Approach
Artificial Intelligence Banking Credit Bureaus Finance Industry Perspectives

Credit Unions and Banks Are Mitigating AI Exposure Through An On-Premise Approach

David Moscatelli
Artificial Intelligence (AI), specifically agentic and generative AI is changing how financial institutions capture value. While large banks (J.P Morgan Chase and Bank of America) are actively investing billions of dollars and deploying AI, for small to mid-sized banks and credit unions, it’s become a considerably harder challenge. When it......
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