AI technologies - FinTecBuzz

DriveWealth Hires Venu Palaparthi as Chief Operating Officer

September 6, 20246 min

Drip Capital, a leading digital platform for trade finance, has secured $113 million in new funding. This includes $23 million in equity from Japanese institutional investors, GMO Payment Gateway and Sumitomo Mitsui Banking Corporation (SMBC), and $90 million in debt financing, led by the International Finance Corporation (IFC) and East West Bank. Drip has seen remarkable growth, quadrupling its revenue and doubling its customer base in the past two years. The company has expanded its services for SMBs by integrating forex and risk...

by PRNewswire

Security

Red Teaming Platform for LLM in Global 100 AI Fintech List 2024

July 5, 20244 min

Adversa AI is thrilled to announce its continuous AI Red Teaming solution inclusion in the renowned AI Fintech Global list for 2024. This honor highlights the world’s most innovative companies developing cutting-edge AI technologies in financial services, showcasing Adversa AI’s pivotal role in the AI and GenAI Security industry. The recognition underscores Adversa AI’s flagship product, Continuous Red Teaming for Generative AI (GenAI), which is revolutionizing the financial sector’s approach to security and resilience. As financial institutions worldwide rush...