AI is poised to revolutionise the financial services sector, but many organisations are still lagging behind. Operations leaders are increasingly aware of the limitations posed by inadequate access to essential data and are beginning to recognise the transformative potential of AI.
Matter launches partnership with BSH with Gulp, a microfibre filter device for home washing machines
British sustainable technology scaleup Matter has announced a significant partnership with BSH, one of Europe’s top washing machine manufacturers, under the Bosch and Siemens brands.
reMarkable has introduced the reMarkable Paper Pro, a paper tablet that redefines the digital writing experience. Boasting an 11.8-inch colour display, an adjustable reading light, and an unparalleled paper-like feel, the Paper Pro is designed to support professionals in capturing and refining their ideas in an increasingly distracting world.
Planes, a renowned digital product studio, proudly announced its pivotal role in developing Slice Mobile, the UK’s first eSIM-only mobile network. By crafting the Slice Mobile app, Planes has made eSIM technology more accessible, setting a new benchmark for a streamlined, user-friendly mobile experience.
Pennies, the innovative fintech charity known for enabling micro-donations, marked a significant milestone with its inaugural Micro-Donation Day on Monday, 26th August 2024. The event not only raised awareness of the growing micro-donation movement but also generated an impressive £30,000 for charities such as Cancer Research UK, MND Association, and Great Ormond Street Hospital Charity.
Lineage, a global leader in temperature-controlled warehousing, recently unveiled more information about its Food Chain Innovation Challenge, revealing the judging panels and the grand prize.
Malcom Finance, formerly known as 4Trans, has appointed Michal Šmída, the founder of Twisto, as a Non-Executive Director to help shape its strategic direction. Šmída brings a wealth of experience in building and scaling fintech businesses, which will support Malcom Finance’s growth ambitions.
New research highlights a disconnect between UK managers’ self-assessments and the experiences of those they manage, with over two-thirds (67%) of UK employees having left or considered leaving their job due to poor management.
A recent study by GRiD, the group risk industry body, reveals that only 9% of employers prioritise preventive health and wellbeing support aimed at keeping staff from falling ill in the first place. In contrast, 57% of employers offer such support only after employees have been absent for a set number of weeks, while 33% provide it from day one.
New research from BrightHR reveals significant uncertainty among UK business owners regarding Labour’s proposed employment law reforms.
Digital Catapult has unveiled its first International Supply Chain Accelerator, aimed at revolutionising global supply chains through cutting-edge deeptech solutions. The programme introduces two key initiatives: Seamless Trade Across Borders and Product Carbon Footprint Measurement, both designed to enhance supply chain resilience and promote international industrial sustainability.
New research suggests a rise in small business confidence following the formation of the new Government. A study by Novuna Business Finance, surveying 1,000 small business owners and senior managers, found that 68% of companies are now considering new projects to drive growth, up from 66% earlier this year.
Herbert Smith Freehills has teamed up with Carbon13 to support the development of high-impact climatetech startups aimed at reducing global greenhouse gas emissions.
Reonic, a climatetech SaaS startup dedicated to advancing sustainable energy solutions across Europe, has secured €13 million in a Series A funding round. Northzone led the investment, with support from existing backers Point Nine and Puzzle Ventures.
Stylus, a startup aiming to transform teacher workloads through AI-powered marking and feedback, has raised £500,000 in a funding round led by Sure Valley Ventures, a venture capital firm focused on AI-driven innovation.
Helsinki- and Palo Alto-based startup Root Signals has secured $2.8 million in funding to advance its generative AI (GenAI) measurement platform, which employs LLM-as-a-judge techniques.
Retrograde, the AI talent agency for content creators co-founded by Grace Beverley, has raised €1.8 million in pre-seed funding.
The fast-paced advancements in fintech are reshaping industries by making financial services more accessible, intuitive, and customised to meet consumer demands. This surge in innovation is reaching beyond the realm of traditional finance, offering eCommerce platforms the chance to integrate fintech solutions that not only elevate customer experience but also boost revenue, streamline operations, and unlock substantial cost savings.
Over a six-week period, a panel of more than 170 experts selected 41 international startups to participate in the 11-week Kickstart Innovation programme in Switzerland. These startups now have the chance to connect with key decision-makers, test and scale their business models, and secure significant deals.
Custocy is set to enhance its AI-powered network detection and response (NDR) platform by integrating Enea Qosmos’ deep packet inspection (DPI) and intrusion detection (IDS) software libraries. This collaboration aims to boost the platform’s accuracy, performance, and product differentiation through enhanced traffic visibility and efficient data inspection.
