Kasisto launches KAI-GPT, the first banking industry-specific large language model
Digital experience platform Kasisto has launched KAI-GPT. It is, says Kasisto, the world’s first banking-specific large language model (LLM). Specifically,…
01 Jun 2023
FintechOS posts 70% y-o-y revenue growth
FintechOS has reported overall revenue growth of 70% y-o-y for 2022. Other financial highlights include cash-in increases from customer operations up by more than 200% year over year. It also…
01 Jun 2023
The programmability of CBDCs to catalyse next wave of banking innovation
Central Bank Digital Currencies (CBDCs) present significant opportunities to deliver innovative new services for both individuals and corporates in banking and other industries, according to Standard Chartered and PwC. The…
01 Jun 2023
BMO drives progress for mental health treatment
BMO is increasing access to mental health care with a C$2m donation to Royal Ottawa Health Care Group (The Royal). The donation will support the newly-established BMO Innovative Clinic for Depression. BMO's donation…
31 May 2023
National Bank of Canada Q2 2023 net income -5%, misses forecasts
In the end, only CIBC beat analyst forecasts for the quarter to 30 April. National Bank of Canada (NBC) joins RBC, TD, BMO and Scotiabank in missing market forecasts. And…
31 May 2023
Monzo FY 2023 annual losses inch down, provisions rise sharply
Monzo posts a loss for the 12 months to end February of £116.3m ($144.1m), slightly down from the prior fiscal (£119m). But Monzo reports that it is now profitable, achieving…
31 May 2023
Mastercard signs embedded finance partnership with Fabrick
Mastercard and Italian-headquartered Fabrick have signed a strategic partnership to develop embedded finance solutions. The aim is to improve the digitalisation of businesses, financial institutions and fintechs across Europe. The…