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Global Fintech Series

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Wolters Kluwer Unveils Next-Gen CCH Validate: A Smarter, Faster Confirmation Experience

  • Wolters Kluwer Tax and Accounting introduces enhanced CCH Validate, a cloud-native bank confirmation platform aimed at improving audit processes.
  • The new CCH Validate offers instant client-authorized data access and intuitive onboarding, enhancing speed, security, and reliability in the audit experience.
  • Key features include online experience, client-driven authorization, trial first approach, cloud-native architecture with global reach, blockchain security, audit trail, and fraud prevention.
  • Wolters Kluwer focuses on transforming audit workflows through innovation, aiming to deliver higher-quality results with greater efficiency and client satisfaction.

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Pymnts

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Murphy Raises $15 Million for AI Debt Collection Agent

  • Spanish startup Murphy raises $15 million for its AI-powered debt collection offering.
  • The funding round will enable Murphy to scale its product, expand teams, and grow internationally.
  • Murphy's use of AI voice agents aims to provide faster debt recovery while respecting debtors.
  • The company's technology has been adopted by various industries globally, with emphasis on improving debt servicing.

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TechBullion

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AI Companions and the Future of Emotional Tech: How AIGirlfriends.ai Is Leading the Way

  • AI companions and platforms like AIGirlfriends.ai are addressing the growing issue of loneliness in our hyperconnected world by offering emotionally intelligent AI experiences that simulate companionship, empathy, and intimacy.
  • The concept of AI girlfriends is part of the emerging field of emotional AI, where artificial intelligence is designed to provide emotionally engaging interactions for users seeking connection in the digital age.
  • AIGirlfriends.ai is a leading platform in the generative AI boom, catering to the rising demand for emotionally responsive AI characters, particularly among Gen Z and Millennials.
  • The platform is focused on delivering immersive and emotionally-aware AI experiences that complement, rather than replace, real relationships, marking a new era in user-centered tech where AI companions offer scalable and interactive relationship-as-a-service models.

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Global Fintech Series

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TIFIN Expands AI Operations Creating Global Hub for Financial LLM Innovation and Expanding Access Through Multilingual AI

  • TIFIN has launched a multilingual LLM innovation hub in India to enhance access to financial AI globally.
  • The new hub strengthens TIFIN's capabilities in natural language AI and enables continuous development across the U.S., Spain, and India.
  • The expansion allows TIFIN to serve clients in their native languages, improving personalized interactions and building trust.
  • TIFIN's strategy of tapping into globally dispersed AI talent is reflected in the newly formed team in India, focusing on financial LLMs and multilingual capabilities.

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Medium

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Digital Orphan: The Child Who Grew Up In A Data Breach

  • Adanna's identity was stolen at birth in a Lagos hospital data breach.
  • Cybercriminals sold her personal info on the dark web for various crimes.
  • She faced challenges regaining her identity in a digital society.
  • The story highlights the importance of protecting children's digital identities.

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Global Fintech Series

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Abound Credit Union Invests in Technology Modernization with Jack Henry

  • Abound Credit Union partners with Jack Henry to modernize its banking experience for over 130,000 members in Kentucky.
  • The credit union, which started small 75 years ago, has grown to $2.4 billion in assets but faced challenges in keeping up with members' needs and attracting younger generations with legacy technology.
  • By selecting Jack Henry's Symitar core platform and cloud-based solutions, Abound aims to create a future-ready, flexible technology foundation to support growth and maintain personal connections with members.
  • Through this modernization effort, Abound Credit Union plans to leverage various integrated solutions from Jack Henry to enhance member experiences and deepen its impact in Kentucky.

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TechSpot

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Jensen Huang downplays fears over Nvidia chips being used by China's military

  • Nvidia's top AI chips have been banned for export to China over concerns of military use.
  • CEO Jensen Huang downplayed fears, stating that China's military can't rely on US-made technology.
  • Huang criticized America's export controls, calling them counterproductive for American companies.
  • Despite the restrictions, Huang emphasized the importance of US tech being available globally, including in China.

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Tech Radar

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I only needed to see 30 seconds of James Gunn's Superman to have full confidence in the DCU's Supergirl movie

  • James Gunn's Superman movie has captured audience with a gross of $200 million+
  • Superman introduces a mix of familiar and new characters, like Supergirl.
  • Milly Alcock's portrayal of Supergirl impresses with her rebellious and reckless persona.

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Global Fintech Series

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Yabx Launches World’s First Gen AI Voice Engine to Drive Financial Literacy in Emerging Markets

  • Yabx has launched a Generative AI-powered voice engine to enhance financial literacy and trust among underserved borrowers in emerging markets.
  • The AI voice engine aims to bridge the gap between access to credit and understanding financial terms by engaging borrowers in natural conversations and providing guidance with empathy.
  • Key features of Yabx's AI-driven financial literacy engine include conversational learning, intent-based conversations, scalable financial education, respectful interactions, and actionable insights for lenders.
  • Yabx's innovative approach focuses on embedding financial literacy in customer interactions to build trust, improve repayment behavior, and promote financial inclusion in emerging markets.

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Macdailynews

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Tim Cook could be Apple’s CEO for at least another half-decade

  • Tim Cook is likely to remain as Apple's CEO for the next 5 years.
  • Apple's COO, Jeff Williams, is retiring, and no immediate successor is apparent.
  • Despite Apple's recent struggles, the board supports Cook remaining at the helm.

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Gsmarena

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Sony reportedly downscaling its smartphone business in Europe

  • Sony is reportedly downscaling its smartphone business in Europe, focusing on online channels for sales.
  • The latest Sony phones, including the Xperia 1 VII, are unavailable on Sony Finland's website and its partners' sites, with no plans for availability in Finland.
  • The Xperia 1 VII can still be purchased from Sony's online store and Amazon in selected European countries, such as Germany and the United Kingdom.
  • This downsizing in Europe, combined with issues in Japan, raises concerns about the future of Sony's Xperia phone lineup.

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Global Fintech Series

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XTransfer: Pioneering AI-Driven Transformation in B2B Foreign Trade Payment

  • XTransfer is a leading B2B cross-border trade payment platform empowering over 700,000 SMEs globally with innovative financial solutions driven by AI technology.
  • TradePilot, XTransfer's large language model, excels in international trade finance and has surpassed other models in professional assessments, showcasing China's advancements in AI applications.
  • XTransfer utilizes AI for enhancing risk control through automated AML risk management, transforming unstructured data for precise risk prediction and anomaly detection, benefiting financial institutions and boosting financial inclusion.
  • With AI integrated into its ecosystem, XTransfer offers advanced customer service, digital tools, and data security measures, aiming to accelerate the digital transformation of B2B foreign trade finance and empower SMEs in global markets.

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Mensjournal

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Missing 'South Park'? Here's Where You Can Still Stream All 26 Seasons

  • South Park is no longer streaming on Paramount+ in global markets due to a lapsed licensing deal.
  • All 26 seasons of South Park are currently available for streaming on HBO Max in the U.S.
  • The release of South Park Season 27, originally set for July 9, 2025, has been delayed to July 23, 2025, due to ongoing negotiations with Skydance and Paramount Global.
  • Creators Trey Parker and Matt Stone have expressed frustration over the merger impacting South Park, calling it a 'sh*tshow.' The future streaming location for Season 27 remains uncertain.

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Global Fintech Series

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AuditBoard & Deloitte Join Forces to Bring Tailored Governance, Risk, and Compliance Solutions to German Market

  • AuditBoard and Deloitte have expanded their alliance to offer tailored governance, risk, and compliance solutions to the German market, providing local support to shared customers for improved efficiency and compliance.
  • Deloitte Germany is launching a Center of Excellence to support AuditBoard implementations, offering specialised training, resources, content, and advisory services to meet the specific needs in Germany and beyond.
  • The alliance aims to address the operational inefficiencies in German internal audit and GRC functions caused by manual processes, with a focus on driving improved productivity for teams and enhancing risk management practices.
  • The success of AuditBoard's AI-powered platform has contributed to its growth, enabling teams to save time and focus on critical areas across audit, risk, and compliance processes.

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Global Fintech Series

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Envestnet, Inc. Appoints Sue Quackenbush as Chief People Officer

  • Envestnet, a leading provider of wealth management solutions, appointed Sue Quackenbush as its Chief People Officer (CPO) on July 14.
  • Quackenbush will focus on advancing employee engagement, fostering a unified culture, aligning with business priorities, and strengthening Envestnet as a workplace of choice in wealthtech.
  • With over 25 years of leadership experience, Quackenbush has a proven track record in talent strategy, cultural transformation, and successful acquisition integrations.
  • Envestnet's CEO, Chris Todd, expressed excitement about Quackenbush's appointment, citing her expertise in aligning people strategies with a growth-oriented culture and fostering employee engagement.

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