Artificial Intelligence

May 12, 2025 @ 3:43 pm By Omar Faridi  |  

OX Security, a firm specializing in Application Security, announced $60 million in Series B funding. The latest investment round was led by DTCP, with participation from the following: IBM Ventures, Microsoft, Swisscom Ventures, Evolution Equity Partners, and Team8. The company, which enables organizations to focus… Read More

May 12, 2025 @ 8:03 am By Omar Faridi  |  

CUBE, a firm specializing in Automated Regulatory Intelligence (ARI) and Regulatory Change Management (RCM), opened its global headquarters located at the iconic City of London building, Tower 42, and confirmed the growth trajectory of the company over the last year – increasing revenue, employees and… Read More

May 9, 2025 @ 5:51 pm By Omar Faridi  |  

Feedzai, the global firm focused on AI-native financial crime prevention,  released its 2025 AI Trends in Fraud and Financial Crime Prevention report, uncovering how generative AI (GenAI) is used in financial fraud. More than 50% of fraud involves the use of artificial intelligence. Generative AI… Read More

May 9, 2025 @ 8:00 am By Omar Faridi  |  

  In February, a finance worker at a multinational firm in Hong Kong was tricked by a deepfake video call into transferring over $25 million to scammers. Weeks later, a French woman lost her inheritance to a deepfake dating scam. And the list keeps growing…. Read More

May 8, 2025 @ 5:43 pm By Omar Faridi  |  

Stripe announced new products designed to help businesses harness AI and stablecoins to accelerate their growth. Last year, businesses on Stripe processed “$1.4 trillion in total payment volume—up 38% from 2023 and equivalent to around 1.3% of global GDP.” In aggregate, the revenue that businesses… Read More

May 7, 2025 @ 7:11 pm By Omar Faridi  |  

Prudent AI announced the launch of Prudent AI Upfront, the mortgage industry’s “one-touch” pre-qualification platform that enhances lender sales funnels. This solution empowers lenders to “process more applications, reduce fallout, and capture more business.” Prudent AI Upfront reportedly improves sales funnel efficiency through three transformative… Read More

May 7, 2025 @ 4:57 pm By Omar Faridi  |  

SIFMA and Arteria AI announced a partnership to provide all US Treasury clearing participants a data-driven documentation platform to streamline and scale the onboarding, legal compliance, and operational systems integration with “respect to the mandated central clearing of US Treasury securities repurchase transactions, as required… Read More

May 7, 2025 @ 10:52 am By Omar Faridi  |  

In a space plagued by wallet drainers, phishing kits, and seed phrase scams, Vultisig enters with a simple proposition: What if seed phrases themselves are the problem? Vultisig isn’t a browser extension. It’s not a hardware device. It’s a cryptographic vault system built around threshold… Read More

May 6, 2025 @ 11:20 pm By Omar Faridi  |  

Zest AI, a firm specializing in AI lending technology, announced the launch of LuLu Strategy, the module of a generative AI lending intelligence platform, which delivers lending performance insights with generative AI simulations and actionable analysis. Following the rollout of LuLu Pulse, the platform’s first… Read More

May 6, 2025 @ 12:40 pm By JD Alois  |  

OpenAI is one of the hottest private companies today. OpenAI is the creator of ChatGPT, the one AI [artificial intelligence] app that truly launched consumer AI into the mainstream. According to ChatGPT, it is currently in the process of raising $40 billion in a new… Read More

May 6, 2025 @ 7:43 am By Omar Faridi  |  

The artificial intelligence (AI) sector is experiencing an unprecedented boom, as detailed in a recent CB Insights report analyzing Q1’25 trends. The research report noted that AI funding surged to a record $66.6 billion, a 51% increase quarter-over-quarter (QoQ), driven by massive investments in infrastructure… Read More

May 5, 2025 @ 3:00 pm By Tony Zerucha  |  

Brex’s recently published The CFO Imperative – How Finance Leaders Are Staying Ahead In a Volatile World provides a concise roadmap for finance executives navigating a business environment that has dramatically changed over the past four months. More than 500 finance executives were polled in… Read More

May 4, 2025 @ 9:55 pm By Omar Faridi  |  

Klarna, the AI-powered payments and commerce network, crossed 11 million active customers and has doubled its merchant base in a year “to 60,000, launching with names like Argos, eBay, Eurostar and John Lewis.” The UK is now Klarna’s third-biggest market globally, “with revenue up 30%… Read More

May 3, 2025 @ 10:56 am By Omar Faridi  |  

World Network—formerly Worldcoin—has unveiled several updates that signal a new era for digital identity, finance, and online trust. With its recent U.S. launch, the introduction of the World Card, and a renewed focus on distinguishing humans from bots in an AI-driven world, World Network is… Read More

May 2, 2025 @ 4:45 pm By Omar Faridi  |  

New research released by PwC reveals that AI has the potential to boost global economic output by up to 15 percentage points over the next decade. This would effectively add one percentage “point to annual growth rates – on par with the growth increment the… Read More

May 2, 2025 @ 11:07 am By Omar Faridi  |  

Behavox, an AI insights company that transforms structured and unstructured corporate data into insights that safeguard and enhance businesses, announced that BNY (NYSE: BK), a financial services company, has completed the implementation of Behavox Quantum. Tom Wileman, Head of Global Compliance Assurance at BNY said:… Read More

May 2, 2025 @ 7:15 am By Omar Faridi  |  

Deloitte’s latest initiatives underscore the critical role of transparency, digitalization, and artificial intelligence (AI) in navigating increasingly complex economic, regulatory, and technological challenges. Two recent updates from the firm—a 2025 Global Tax Policy Survey and the launch of AI Advantage for CFOs—reveal how organizations are… Read More

May 1, 2025 @ 7:04 am By Omar Faridi  |  

Payments processing Fintech Stripe has recently announced two significant updates that underscore its objective to advancing financial technology and enhancing user experience. The company has partnered with Visa through its newly acquired stablecoin platform, Bridge, to launch a card-issuing product, and has expanded its AI-powered… Read More

April 30, 2025 @ 3:19 pm By Tony Zerucha  |  

S&P Global (NYSE: SPGI) today announced the launch of AI agent capabilities that utilize data from the commodities sector, integrated with Microsoft 365 Copilot and powered by its Commodity Insights AI-Ready Data solution. The S&P Global AI agent on Microsoft 365 Copilot harnesses the expertise… Read More

April 30, 2025 @ 10:37 am By Omar Faridi  |  

The corporate venture capital (CVC) landscape in Q1 2025 reflects a strategic shift toward selective, high-impact investments, as detailed in CB Insights’ State of CVC Q1’25 Report. With global CVC-backed deal volume dropping to a seven-year low, corporations are prioritizing quality over quantity, channeling larger… Read More