General purpose AI tools like ChatGPT often require extensive training and fine-tuning to create reliably high-quality output for specialist and domain-specific tasks. And public models’ scopes are simultaneously limited to and diluted by training materials. Output is based on their range of unidentified training material so it may diverge from output that needs to
Financial services titan JPMorgan is collaborating with the top US-based crypto exchange platform Coinbase to link bank accounts with crypto wallets. According to a new press release, the banking giant is partnering with Coinbase to launch a direct bank-to-wallet connection for customers, also allowing for the use of Chase credit cards on the crypto exchange.
SINGAPORE: Four months after suspending instant withdrawals due to surging demand, Chocolate Finance announced on Thursday (Jul 24) that it has secured US$15 million in fresh funding. The funds were raised from Nikko Asset Management, returning investors Peak XV (previously known as Sequoia Capital India and Southeast Asia), Prosus, Saison Capital and Chocolate Finance’s founder
Egypt – Lime Consumer Finance, Egypt’s largest dedicated platform for education financing and a wholly owned subsidiary of First Abu Dhabi Bank Group in the UAE, has officially launched into Egypt’s fintech ecosystem. With education as its strategic entry point, Lime aims to address a vital need for families seeking affordable and flexible payment options.
From blockchain and wallets to mining and volatility, here’s a plain-English guide to understanding how cryptocurrencies work—and why they matter. Digital cryptocurrencies are enigmatic monetary products promoted by fintech enthusiasts and are gaining popularity among the general public internationally. Despite proponents claiming they’re a potential panacea for financial woes, no one truly understands this complex
Abraham Tachjian to serve as Brim’s regulation chief as federal open banking framework remains in progress. Abraham Tachjian, the former federally appointed lead on Canada’s efforts to institute open banking, has now joined Toronto-based FinTech startup Brim Financial as its chief regulatory affairs officer. “It was clear to me early on that Brim wasn’t
ISTANBUL Türkiye is prioritizing participation finance as global cooperation plays a key role in the growth of participation finance worldwide, the head of Türkiye’s Investment Office told Anadolu. Participation finance is a financial approach that promotes shared risk and reward between parties, emphasizing ethical and interest-free transactions. On July 10-11, Türkiye’s Investment Office held a
Key takeaways: Embedded finance integrates financial services like payments, lending, banking, and insurance directly into non-financial digital platforms. Businesses use embedded finance to improve customer experience, boost revenue, and gather valuable data insights. While embedded finance offers many benefits, it also brings technical challenges, regulatory responsibilities, and cybersecurity risks. Companies like Relay, Ramp, and The
Assessing vulnerability is one of the most pressing challenges facing local authorities today. Yet, many still rely on static indicators, such as postcode, benefit status, or historic income, that only paint part of the picture. These data points often miss the subtle, daily indicators of financial pressure. What’s often missing is a live view
Artificial intelligence is no longer a futuristic buzzword—it’s a present-day battleground for competitive advantage in banking. Across the globe, countries are embracing AI at vastly different speeds, with Asia and the Middle East taking the lead in enterprise adoption, while the U.S. and UK scale up their generative AI pilots. From virtual assistants to risk