Interface.ai, a customer automation platform focused on the financial sector, has secured $30 million in its first round of external funding. The round, led by Avataar Venture Partners, will fuel
Banks
Hong Kong has taken a proactive stance in regulating the burgeoning field of generative artificial intelligence (AI) by issuing comprehensive guidelines aimed at safeguarding consumer protection. This move underscores the
Nitin3 months ago
Hong Kong's virtual banking landscape is embracing new regulations, with ZA Bank, the territory's largest virtual bank, stepping up to support the nation's financial goals. Their recent initiative involves offering
Nitin4 months ago
The Depository Trust and Clearing Corporation (DTCC), the world's largest post-trade settlement organization, has joined forces with blockchain oracle network Chainlink to successfully complete a pilot program focused on accelerating
Nitin6 months ago
Chinese authorities have cracked down on a significant underground banking operation involving the popular stablecoin Tether (USDT), according to reports. The racket is estimated to have moved a staggering $1.9
Nitin6 months ago
Major financial institutions, including Goldman Sachs, BNY Mellon, and Cboe Global Markets, have successfully completed a large-scale pilot test leveraging blockchain technology. This initiative, spearheaded by the startup Digital Asset
Nitin8 months ago
The European Banking Authority, in collaboration with the European Systemic Risk Board and the Financial Stability Board, will conduct an inquiry. The European Banking Authority (EBA) will look into the
Nitin10 months ago