Author: nripn

Stamp Secures €4 Million Funding to Revolutionize VAT Refunds for Tourists After four successful years in Barcelona, the innovative startup Stamp has announced it has secured €4 million in funding. This capital will be utilized to enhance its service, which simplifies the process of VAT reimbursement for travelers across Europe. Streamlining the VAT Refund Process Stamp provides a seamless way for tourists to request VAT refunds without the usual hassles, such as managing receipts and dealing with lengthy queues at airports or duty-free counters. Shoppers can now obtain refunds directly at the point of sale or through a user-friendly app,…

Zocks Secures $45 Million in Series B Funding for AI Assistant Tailored for Financial Advisors Zocks, a startup specializing in AI solutions for financial advisors, has successfully raised $45 million in a Series B funding round. This investment was jointly led by Lightspeed Venture Partners and QED Investors, as reported by Crunchbase News. The funding round also saw participation from existing investors such as Driving Companies and 14Pics Capital. Notably, this capital influx comes less than a year after Zocks raised $13.8 million in its Series A funding. With this latest injection, Zocks has amassed a total of $65 million…

Home » TRAVEL TECHNOLOGY NEWS » CFOs Reject AI That Can’t Be Audited: Smart Escalation in Finance for 2025 Published on January 28, 2026 By: Tuhin Sarkar The Current Landscape of AI in Finance The financial sector is at a transformative stage with artificial intelligence (AI) entering the scene, yet challenges persist. CFOs across America are grappling with the imperative to leverage AI without sacrificing control, accuracy, or trust. A recent study indicates that CFOs are not questioning the adoption of AI in finance but are demanding solutions that strike a balance between efficiency and reliability. The Trust Gap in…

AI Adoption in Finance: Bridging the Trust Gap New York, January 28, 2026 (GLOBE NEWSWIRE) — The conversation around AI in finance has transitioned from hesitation to expectation. CFOs no longer debate whether to implement AI; instead, they are confronted with the challenge of selecting solutions that balance speed and auditability. Survey Insights on AI and CFOs A recent report by Wakefield Research highlights the opinions of 100 CFOs from mid-sized U.S. firms, with revenues ranging from $50 million to $500 million. Significant percentages—between 60% and 77%—are planning to incorporate AI, depending on the application. However, a noticeable trust gap…

Rogo Secures $75M in Series C Funding to Expand AI-driven Financial Solutions Rogo, a pioneering FinTech company, has successfully raised $75 million in a Series C funding round, accompanied by the exciting announcement of its expansion into the European market with a new office in London. Funding Round Highlights The Series C funding round was spearheaded by Sequoia Capital, with additional investments from industry leaders such as Henry Kravis and Wells Fargo. Existing investors including Thrive Capital, Khosla Ventures, Tiger Global, and JP Morgan also supported this round. With this latest capital injection, Rogo’s total funding has now surpassed $165…

AI-Powered Financial Tools Gain Popularity Among Consumers In a recent survey conducted by financial comparison platform BestMoney, nearly half of the participants (49%) expressed that AI-driven financial tools are “better than any people in their lives” for financial information and guidance. This survey, carried out in November 2025 by polling firm Prolific, included 1,252 adults aged 18 to 79. The insights reveal how the reliance on AI for financial advice is shaping people’s financial decisions. Usage Trends in AI for Financial Guidance According to the findings, 50% of respondents occasionally rely on AI for financial advice, while 29% utilize it…

Kollab Invests $2 Million in PayRex to Enhance Digital Payments in the Philippines Kollab, a leading digital transformation advisor based in Southeast Asia, has announced a significant investment of $2 million in the Series A funding round for fintech startup Evolut10n Labs Inc., operating under the brand name PayRex. This strategic financial backing aims to accelerate the development of innovative digital payment solutions tailored for local businesses in the Philippines. Enhancing Payment Services for a Digital Economy The investment from Kollab is poised to enhance PayRex’s ability to offer cutting-edge payment services as a growing number of Filipino consumers and…

Rogo Expands Globally with First Office in London Rogo has made a significant leap in its international growth trajectory by opening its inaugural office in London. This strategic move comes as the demand for enterprise-grade artificial intelligence (AI) in the financial sector continues to surge, solidifying Rogo’s position at the forefront of this evolving landscape. Strengthening Ties with European Financial Institutions Establishing a base in London, Europe’s financial epicenter, allows Rogo to foster closer connections with major European banks. The company aims to enhance the practical application of its innovative technology while tapping into London’s vast pool of financial and…

FCA Launches Comprehensive AI Study for Financial Services The Financial Conduct Authority (FCA) has initiated an extensive study exploring the implications of advanced artificial intelligence (AI) on consumers, retail financial markets, and regulatory bodies. The Mills Review: A Forward-Thinking Examination Under the leadership of FCA Director Sheldon Mills, the Mills Review aims to gather insights on the role of AI in the evolution of financial markets. Stakeholders, including consumers, retailers, and regulators, will be invited to voice their perspectives on the necessary adaptations for the future. Current and Future AI Integration in Finance AI technologies have been increasingly embedded in…

China Rises as a Leader in Financial Artificial Intelligence As of January 28, 2026, China has positioned itself as the second most competitive nation in the realm of financial artificial intelligence (AI), trailing only the United States. For businesses, understanding China’s advancements in this area is crucial for making informed decisions and adapting to changing market dynamics. AI Competitiveness Index Highlights According to the global AI competitiveness index released by the Deep Knowledge Group, China scored 83.41, significantly outperforming other Asian countries and the United Kingdom, which scored 78.26. The United States remains the leader with a score of 98.84.…