Banking

Nvidia to invest $100 Billion in OpenAI for data centers

Nvidia Corp. will invest as much as $100 billion in OpenAI to support building of new data centers and other artificial intelligence infrastructure,...

POCs are key when applying AI, experts say

Financial institutions big and small are exploring AI, but before diving headfirst into the technology, they are learning from proofs of concept.  Florida-based...

CEO Walters: Finastra planning to streamline with agentic AI

NEW YORK — Fintech Finastra is working with clients to deploy agentic AI within payments processes to boost efficiency and accuracy.  The London-based...

The right tools for the job? How effectively can central banks support the transition to net zero? – Bank Underground

Utkarsh Somaiya, Caspar Siegert and Benjamin Kingsmore Climate change creates material economic and financial risks which central banks need to understand to ensure monetary...

PayPal-backed Pine Labs plans up to $700 Million IPO in October

Pine Labs Ltd., a digital payments provider in India, plans to raise as much as $700 million from an initial public offering in...

Tech drives real time payments ‘send’ adoption, volume

Real Time Payments volume continues to climb as financial institutions increasingly opt in to The Clearing House’s instant payments rails.  There is a...