All articles by Douglas Blakey
Douglas Blakey
Financial Services in pole position to drive the benefits of AI
Nash Squared’s 2023 Digital Leadership Report reported that 86% of financial services firms were actively considering, piloting or implementing AI. Peter Weston and Paul Hunt assess the impact of AI on financial services sector jobs
US startups raise over $50bn VC funding during Jan-May 2024 despite decline in deal volume, reveals GlobalData
VC deals by volume drop by 46.2% y-o-y but by value the fall is just 6.5%
OneMoneyWay and Shift4 to offer unified financial services to businesses across Europe
Shift4’s acquiring and payments services will enhance OneMoneyWay’s neo-banking solutions, offering merchants a comprehensive, consolidated financial services platform
Sumsub and Finastra partner to strengthen banking industry compliance
Sumsub secures long-term partnership with Finastra, jointly enabling banking clients to adopt Sumsub’s compliance and anti-fraud solutions
Mexican fintech unicorn, Clip, secures $100m investment
Funding round led by funds managed by Morgan Stanley Tactical Value and one of the largest, most experienced West-Coast mutual fund managers
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OCBC Securities to triple young active investors with launch of Singapore’s first AI stock-picker
Trading activity among young investors increased 50% during the pilot period with the use of A.I. Oscar’s stock ideas
SIX launches new global equity indices
Global financial information provider SIX rolls out a family of global equity indices designed specifically for the retail, private banking, and asset management sector
TD launches full-service platform supporting technology and innovation clients in Canada
High-touch banking and capital solutions tailored towards servicing the needs of entrepreneurs in the innovation economy
UK consumers seek more bank support as debts mount: GFT
On average, UK consumers are almost £2,700 in credit card debt with 45% using their overdraft before the end of the month and 25% incurring significant charges
Royal Bank of Canada launches Global Credit Connect with Nova Credit
RBC initiative will help create a smoother financial start for newcomers to Canada