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Novo AI, founded by ex-Googlers and backed by First Round Capital, is revolutionizing the insurance industry with advanced generative AI technology. Their innovative solution is set to redefine operational efficiencies and profitability for insurance companies worldwide.
Enhancing Efficiency and Reducing Costs
By automating the crucial yet labor-intensive task of claim-processing, Novo...
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Swift and Wise expand cross-border payment options globally
Swift has partnered with global tech company Wise to allow secure Swift transfers to be completed over Wise with full transparency for financial institutions...
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Asset Management
Standard Chartered launches digital asset custody service in the UAE
Standard Chartered announced its highly anticipated digital asset custody service in the UAE. The groundbreaking offering has been granted a licence by the Dubai...
Cards & Payments
MSB & TerraPay to simplify cross-border money transfers
Vietnam Maritime Commercial Joint Stock Bank has signed a strategic cooperation agreement with TerraPay, a global money movement company.
This collaboration will bring digital payment...
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TerraPay taps ACE Money Transfer to boost global remittances
TerraPay has partnered with ACE Money Transfer to enhance global payouts and enable seamless transactions across borders. Leveraging ACE’s experience in the remittance domain,...
Paytm launches 2-in-1 NFC Card Soundbox for mobile QR payment & card payments
Paytm Launches India’s First NFC Card Soundbox, a Two-in-One Mobile QR Payment Device that Doubles Up as an Affordable Card Payments Machine, for Millions...
Russia Races to Legalize Crypto as Sanctions Weigh On Firms
Russian lawmakers approved legislation that enables companies to utilize cryptocurrencies for international trade transactions. This move is part of Russia's efforts to circumvent Western...
ACI Worldwide Extends Strategic Partnership with Worldpay
ACI Worldwide, a global leader in mission-critical, real-time payments solutions, and Worldpay, a leading global provider of payment processing solutions announced an extension of...
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Finance
JTC to acquire Citi Trust from Citigroup in $80m deal
JTC has agreed to acquire Citi Trust, the global fiduciary and trust administration services business, from Citigroup in a deal worth $80m.
Citi Trust, which...
