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Uplinq, a leading provider of AI-driven bookkeeping and tax solutions for small and medium-sized businesses (SMBs), today announced the closing of a $10 million Series A funding round. The round was led by Next Coast Ventures, with participation from AZ-VC, Live Oak Ventures, and existing investors. This infusion of capital will accelerate Uplinq’s growth, enhance its AI capabilities,…
At the Temenos Community Forum in Madrid, Temenos (SIX: TEMN), a global leader in banking technology, today launched Temenos FCM AI Agent, an advanced screening solution built with AI, real-time evaluation, and robust compliance frameworks to make compliance smarter, faster and more trusted. The solution is generally available (GA). Temenos FCM AI Agent empowers organizations to…
At the Temenos Community Forum ’25 in Madrid, Temenos (SIX: TEMN), a global leader in banking technology, today launched the Temenos Product Manager Copilot, empowering banks to design, launch, test and optimize financial products faster using Generative AI. Temenos Product Manager Copilot is a Gen AI assistant that integrates Microsoft Azure OpenAI Service and is…
Programmable financial services company Stripe announced new products designed to help businesses harness AI and stablecoins to accelerate their growth. Stripe serves the world’s largest and fastest-growing companies, including half of the Fortune 100 and 78% of the Forbes AI 50. Last year, businesses on Stripe processed $1.4 trillion in total payment volume—up 38% from…
Parloa, an innovator in Agentic AI for customer experience, today announced it has secured $120 million in Series C funding, bringing the company’s valuation to $1 billion. Durable Capital Partners, Altimeter Capital, and General Catalyst are leading this round with participation from EQT Ventures, RPT Capital, Senovo, and Mosaic Ventures. Founded in 2018 by Malte…
Allvue Systems, LLC, a leading provider of technology solutions for the alternative investment industry, today announced a significant investment in its data and artificial intelligence capabilities. Underscoring Allvue’s relentless drive to innovate, the company dramatically expanded its R&D budget over the past year, funneling a 70% year-over-year increase in R&D funding into AI, data, and analytics-driven initiatives for the alternatives…
Backbase has officially launched the world’s first AI-powered Banking Platform, marking a major industry shift just months after the debut of its Intelligence Fabric in September 2024. Purpose-built to accelerate both growth and operational efficiency, the next-generation platform unifies two critical banking functions: customer servicing and digital sales. The release positions Backbase at the forefront…
SignalFire, a leading early-stage venture capital firm focused on applied AI, has raised over $1 billion in new capital to fund the next generation of technology startups, bringing its total assets under management (AUM) to approximately $3 billion. This capital raise amid a turbulent fundraising environment is a testament to exceptional investor confidence in SignalFire’s…
Lloyds Banking Group has taken a significant step in its strategic transformation, leveraging the artificial intelligence (AI) and data science capabilities of Google Cloud to transform customer and colleague experience. This transition is unlocking new opportunities to innovate, enhancing the Group’s ability to provide cutting-edge, personalised financial services. Embracing cloud technology As part of its mission…
Temenos (SIX: TEMN), a global leader in banking technology, today shared insights from a worldwide survey conducted by Hanover Research, which gathered perspectives from 420 business and technology leaders in financial services on the transformative impact of Generative AI (GenAI) in banking. Improving operating efficiency is the most common reason banks are considering using GenAI….
A new whitepaper by global payments processor and technology provider, RS2, has revealed that a staggering 70% of banks’ IT budgets are consumed by maintaining outdated legacy systems. The paper entitled How to Solve Banks’ Legacy System Challenges While Controlling Risk suggests that this unnecessary expense is hindering innovation and digital transformation and presents a groundbreaking AI-enabled solution that allows…
In a fast-moving financial landscape where failed transactions are more than just a minor disruption—they are a potential revenue killer— Brady Harris, CEO, IXOPAY offers a compelling view on the next evolution of payments. From AI-powered orchestration to optimising transaction success rates, Brady reveals how smart payment infrastructure is redefining the customer experience for global…
