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FINVOLUTION GROUP’S ADAKAMI APPLICATION ANNOUNCES STRATEGIC COOPERATION WITH PT BANK JAGO


FinVolution Group (“FinVolution,” or the “Company”) (NYSE: FINV), a leading fintech platform in China, today announced that its Indonesian financial application, AdaKami, signed a strategic cooperation agreement with PT Bank Jago. Bank Jago is a tech-based bank providing life-centric finance application which makes money management simple, collaborative and innovative. The partnership aims to strengthen collaboration

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ALLOCATIONS ACQUIRES LUMEN ADVISORY & FINANCE IN $2.5M DEAL


Allocations, the world’s fastest and most powerful private equity and venture capital platform, announced today the acquisition of Salt Lake City-based Lumen Advisory and Finance. The deal, valued at $2.5m in cash and stock, brings Lumen’s accounting automation acumen into Allocations’ expanding suite of accessible private equity capabilities. Allocations is building private equity 2.0 –

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UPSTART LAUNCHES FIRST AUTO RETAIL SOFTWARE WITH AI-ENABLED FINANCING


Upstart , a leading artificial intelligence (AI) lending platform, today announced Upstart Auto Retail software, including AI-enabled financing. The cloud-based solution enables a superior car buying experience for both consumers and dealerships. For the first time, this new software will provide access to Upstart-powered auto loans as well. Upstart Auto Retail is the evolution of

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UNIDOSUS AND EXPERIAN LAUNCH PARTNERSHIP TO SUPPORT FINANCIAL EMPOWERMENT


UnidosUS, the nation’s largest Hispanic civil rights and advocacy organization, and Experian today announced a new partnership to further the mission of financial empowerment. UnidosUS also kicked off its LatinX IncluXion Summit today, of which Experian is a plenary session sponsor. “Experian has been a welcome and creative partner to UnidosUS through its support of

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ORACLE PROMOTES RESPONSIBLE USE OF AI IN FINANCIAL INSTITUTIONS


A recent World Economic Forum survey1 found that 85% of financial institutions have implemented AI, but some still have concerns about its use. To help financial institutions apply AI responsibly, Oracle has added new AI governance capabilities to its Oracle Financial Services Compliance Studio application. With a new visualization canvas that fosters more inclusive machine

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ROBOTIC ASSISTANCE DEVICES RECEIVES ORDER FROM REGIONAL FINANCIAL INSTITUTION


Artificial Intelligence Technology Solutions, Inc., (OTCPK:AITX), today announced that its wholly-owned subsidiary Robotic Assistance Devices Inc. (RAD) has received an order from a leading regional financial institution. Although not disclosed due to confidentiality agreements, the end-user for this 1 ROSA180 unit will be RAD’s first deployment into the financial services industry. “It’s thrilling to open

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FINTECH STARTUP PAYORO LAUNCHES PAYORO CONNECT


European fintech startups are growing fast. With solid regulatory frameworks, advanced technology and a dynamic, tight-knit European market, many consider these upstart fintechs well-poised to take on the global financial world. Established in COVID-19-stricken 2020, Payoro is a new European fintech startup. Based out of Gibraltar and Estonia, Payoro aims to develop open banking technology

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LUFAX RELEASES FIRST ESG REPORT HIGHLIGHTING COMMITMENT TO INCLUSIVE FINANCE


Lufax Holding Ltd , a leading technology-empowered personal financial services platform in China, today released its first Environmental, Social and Governance (ESG) report. The report highlights the Company’s long-term commitment to inclusive finance, improving access to financial services for small and micro business owners, alleviating rural poverty, supporting the real economy and other societal benefits