Search Results for: AI data

Bitcoin Mining Update: BTC Miners Are Reportedly Moving Towards HPC and AI Data Business Models

Bitcoin miners are reportedly shifting towards HPC and AI data business models, according to an update shared by Compass Mining. As noted in a blog post by Compass Mining, Bitcoin miners are now “diversifying into high-performance computing (HPC) and artificial intelligence (AI) data business models… Read More

AI Data-led Insights from CBA: Australia based SMEs Are Leveraging Tech to Accelerate Business Growth

Research from Commonwealth Bank of Australia (CBA), conducted in partnership with YouGov, reveals 59 per cent of SMEs have invested or plan “to invest in AI in the next five years (25 per cent and 34 per cent respectively), with younger business leaders owners more… Read More

Moody’s and Elliptic to Use On-Chain and Off-Chain Data for Streamlined Digital Asset Risk Management

Moody’s and Elliptic, key players in global compliance and third-party risk management and digital asset risk management respectively, have announced a strategic alliance to revolutionize virtual asset service provider (VASP) screening through the seamless integration of on-chain blockchain data with traditional off-chain data sources. In… Read More

Fintech Plaid Announces Data Breach Reports to Help Firms Combat Fraudulent Activities

Plaid is pleased to announce the inclusion of data breach reports into Plaid Beacon, which is their anti-fraud consortium, in order to “help organizations of all sizes better protect themselves and their users from fraud and abuse.” As noted in a blog post by Plaid,… Read More

Blockchain Data Provider Lukka Selected By Animoca Brands as Enterprise Data Management Provider

Lukka, the global blockchain data provider, announced that Animoca Brands has chosen Lukka as an enterprise data management provider. In addition, Animoca Capital, a growth equity fund “focusing on mid-to-late stage Web3 companies which is partnered with Animoca Brands, has made a strategic investment into… Read More

Accenture, SandboxAQ to Address Need for Enterprise Data Encryption, Defend Against Security Breaches, Quantum Threats

Accenture (NYSE: ACN) and SandboxAQ are expanding their partnership to address the critical need for enterprise data encryption that can defend against current data breaches, as well as future AI and quantum threats. Together, Accenture and SandboxAQ are “helping organizations secure sensitive data and strengthen… Read More

Allium Secures $16.5m in Series A Funding to Enhance Blockchain Data Solutions

Allium, a blockchain data platform for enterprises, has raised $16.5 million in a Series A funding round led by Theory Ventures, with participation from seed investors Kleiner Perkins and Amplify Partners, according to an announcement. As part of the investment, Tomasz Tunguz, Founder of Theory… Read More

DeFi Data Solution Chainlink Data Feeds Now Available on Starknet Mainnet

Decentralized computing platform Chainlink and Starknet, the secure scaling technology bringing Ethereum’s benefits to the world, announced this week that Chainlink Data Feeds, a data solution for DeFi, are now live on Starknet mainnet. Starknet is an ecosystem that helps developers to overcome Ethereum’s scalability limitations while ensuring computational integrity. The… Read More

Sygnum, Fidelity International, Chainlink to Provide Fund NAV Data Onchain

Chainlink announced a collaboration with Fidelity International and Sygnum to bring Net Asset Value (NAV) data onchain. In this landmark production use case for tokenized assets, the collaboration provides transparency and accessibility “around key asset data for Sygnum’s recently issued onchain representation of Fidelity International’s… Read More

Data Nubank: 43% of Consumers Who Obtained First Credit Card with Nu Have Also Boosted Savings

Nubank (NYSE: NU), which claims to be the largest digital banking platform in the world outside Asia, announced on the results of the seventh edition of Nubank Data, this time with the theme Financial Health and Well-Being: Access Beyond Credit. The study focuses on the journey… Read More

University of Cambridge Startup RegGenome Launches AI-Powered Data Repository

This past week, RegGenome, a University of Cambridge commercial spin-out, launched its enriched regulatory data repository powered by GenAI. The solution utilizes advanced AI technologies to power regulatory solutions and support sustainable business operations. The imbalance of regulatory turbulence and compliance capabilities is driving the need… Read More

Quantexa, an Enabler of Decision Intelligence, Partners with Data and AI Firm Databricks

Quantexa, the global enabler of Decision Intelligence (DI) solutions for the public and private sectors announced that it is partnering with Databricks, the data and artificial intelligence (AI) company, to enable customers “to deploy its Decision Intelligence Platform and Data Management, Customer Intelligence, Risk Management,… Read More

Regtech Sumsub Q1 Data for Deepfake Fraud Reveals Alarming YoY Trends in AI-powered Scams

Sumsub recently shared Q1 data for deepfake fraud worldwide, showcasing alarming YoY trends in AI-powered scams. With half the world’s population heading to the polls this year, Sumsub, a global full-cycle verification provider, detected “upwards of a 245% YoY increase in deepfakes worldwide.” The findings… Read More

Velotix, a Provider of an AI enhanced Data Security Platform, Receives Investment from Barclays Bank, Capri Ventures

Velotix, a provider of an AI-driven Data Security Platform (DSP), announces a significant investment from Barclays Bank and Capri Ventures. This investment solidifies Velotix’s position as the choice for financial institutions seeking advanced data security solutions. It underscores Velotix’s innovative “approach to securing structured and… Read More

Data Breach Severity Increased Over 30% in Q1 2024, Research Report Claims

The severity of data breach risks rose to the highest level in two years during the first quarter of 2024, increasing 31% from the same period last year. TransUnion (NYSE: TRU) unveiled its analysis of data breach trends while also introducing the company’s new identity… Read More

Auditability of Data in Crypto Is One of the Blockchain Industry’s Most Defining Characteristics – Report

Centralized exchanges (CEX’s) serve as a crucial intermediary between crypto market participants and blockchain networks, “facilitating billions of dollars of value transferred each day,” the Coin Metrics team noted. Many user’s first interaction with crypto is “likely to occur through an exchange.” However, exchanges vary… Read More

Web3 Focused CARV, a Modular Data Layer for AI and Decentralized Applications, Receives Investment from OKX

The team at digital asset firm OKX is announcing a strategic investment in CARV, which is described as one of the largest modular data layers for Gaming and AI. OKX noted in a blog post that they’re making their new investment in CARV, the largest… Read More

Blockchain Data Analytics Platform Nansen Shares Latest Product Updates

Blockchain firm Nansen has shared their quarterly updates including a range of new blockchain integrations and features to give clients a market edge. As the first quarter of 2024 comes to a close, Nansen says that they are pleased by the crypto market’s growth. Over… Read More

AI: Linedata Buys DreamQuark, a Global Artificial Intelligence Firm for Financial Services

Linedata (Euronext Paris: LIN), a France-based Fintech, has acquired DreamQuark – an artificial intelligence (AI) firm that provides services to financial firms like banks and wealth managers. The terms of the acquisition were not revealed. Nicolas Meric, CEO of DreamQuark, said they are thrilled to… Read More

Blockchain Data and Compliance Firm Chainalysis Marks 10 Years of Operations

Chainalysis is marking its 10th year of operations this spring, and they’re reflecting on how far they’ve come with their clients and how the’re continuing to evolve with the rapidly changing ecosystem. Chainalysis notes in a blog post that the market revival we are experiencing… Read More

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