Breaking News
Banking chatbot developer Kasisto raises $22 million
New York-based Kasisto is a conversational AI company that developed the banking “brain” KAI, and more generally is a technology provider that works with large institutions, including JPMorgan Chase, TD Bank, Emirates NBD Bank, DBS Bank, and Mastercard.
The new funding comes at a time of high growth in the conversational AI market, which is expected to grow from $4.2 billion in 2019 to astonishing $15.7 billion in 2024.
Kasisto was founded in 2013 and led by Zor Gorelov, it’s CEO. Kasisto mostly provides a digital experience platform for the financial services industry, which is engaging with millions of consumers around the world, all the time, across multiple channels, in different languages, and is optimized for performance, scalability, security, and compliance.
Zor comments: “Our digital experience platform, KAI, has been successfully deployed in production by leading financial institutions around the globe, and helps these organizations deliver truly humanizing digital experiences to their customers.”
He adds: “ The working capital will be used to build out sales and push the product deeper into new business areas, including corporate banking. ”
- Zip US and InComm Payments Bring Flexible Payments to Gift Cards, Giving Shoppers a New Way to Pay Read more
- Huntington Bank Joins CHIPS® for High-Value Payments Read more
- Wego Introduces Stablecoin Payments Through Partnership with Triple-A for Flights and Travel Bookings Read more
- Capitalizing on the Intercontinental Flow Between Asia and Latin America Read more
- iplicit Launches AI-enabled Analytics and Reporting Suite as Centrepiece of Expanding AI Platform Read more
NEW Revolut UK CEO to make Conference Debut at MoneyLIVE Summit
Share this post: Share on LinkedIn Share on X (Twitter) Share on Facebook Share on […]
2024’s Financial Innovators: A New Era of Banking Startups
Share this post: Share on LinkedIn Share on X (Twitter) Share on Facebook Share on […]
C-suite Banking and Payments Leaders From Across Europe Set to Meet at London’s MoneyLIVE Summit in March
Share this post: Share on LinkedIn Share on X (Twitter) Share on Facebook Share on […]
The Evolution of Digital Wallets: A Shift from Physical Cards by 2030
By 2030, we can expect digital wallets to become the preferred payment instrument, offering a myriad of non-payment-related services for consumers.
Payment Technology Trends Shaping 2024 and Beyond
Share this post: Share on LinkedIn Share on X (Twitter) Share on Facebook Share on […]
The Future of Digital Payments: Exploring PayPal Alternatives
Share this post: Share on LinkedIn Share on X (Twitter) Share on Facebook Share on […]
Nubank: Supercharged Banking and Predicted to Soar Beyond $100 Billion
In this blog, we will explore two exciting developments that have everyone talking about Nubank: its potential for exponential growth in share value and its remarkable expansion to serve more than 90 million customers across Latin America.
Zip US and InComm Payments Bring Flexible Payments to Gift Cards, Giving Shoppers a New Way to Pay
Zip (ASX: ZIP), the digital financial services company offering innovative, people-centered products for everyday Americans, and InComm Payments, a global payments technology company, today announced a partnership that brings installment buying to the gift card category. Through the integration, eligible shoppers can purchase popular gift card brands directly in the Zip app.
Huntington Bank Joins CHIPS® for High-Value Payments
The Huntington National Bank has joined the CHIPS® network, the largest private-sector U.S. dollar clearing and settlement system in the world, to clear and settle high-value domestic payments.
Wego Introduces Stablecoin Payments Through Partnership with Triple-A for Flights and Travel Bookings
Wego, the number one travel app and the largest online travel marketplace in the Middle East and North Africa (MENA), has partnered with Triple-A, a global payment institution, to introduce stablecoin payments for travel bookings, further expanding the range of payment options available to travelers booking flights and other travel services.
Capitalizing on the Intercontinental Flow Between Asia and Latin America
Share this post: Share on LinkedIn Share on X (Twitter) Share on Facebook Share on […]
iplicit Launches AI-enabled Analytics and Reporting Suite as Centrepiece of Expanding AI Platform
iplicit, the leading cloud accounting platform purpose-built for the UK and Ireland mid-market, has today launched iplicit Insights, its AI-enabled analytics and reporting suite giving finance leaders visibility into their organisation's financial position.
KfW, Germany’s Largest National Promotional Bank, Future-proofs Regulatory Reporting, by Migrating to Regnology Reporting Hub (RRH)
Regnology, a leading provider at the intersection of regulatory, risk, and supervisory technology, today announced that KfW Bankengruppe (KfW) is advancing its long‑term partnership with the company by electing to migrate to the next-generation Regnology Reporting Hub (RRH). The solution will be delivered as a cloud-native service on Rcloud, Regnology’s high-performance cloud architecture layer.
Marker Trax, Koin Unite Leadership Teams to Advance Next Generation Payments Innovation
Cashless payments innovators Marker Trax and Koin today announced the alignment of their organizations under a single, unified leadership structure, marking a significant new phase in the companies’ continued evolution. This combined leadership structure is designed to accelerate growth while enhancing operational focus and support the long-term opportunity ahead for both brands.