Artificial Intelligence

March 25, 2022 @ 8:43 am By Omar Faridi  |  

NICE Actimize, a NICE (NASDAQ: NICE) business, has announced the launch of its advanced, X-Sight Entity Risk SaaS solution, which is described as an innovative solution that “produces a single risk score that enables a financial institution to gain a greater understanding of their clients… Read More

March 24, 2022 @ 10:38 am By Omar Faridi  |  

The digital asset and cryptocurrency trading platform MEXC Global has announced an ecosystem fund of $150 million, along with Bybit, in order to support the ecosystem growth of Fetch.ai, a Cambridge-based AI lab building an open-access “decentralized” machine learning network for smart infrastructure. Known as… Read More

March 23, 2022 @ 2:33 am By Tony Zerucha  |  

OnCorps, a provider of artificial intelligence to financial services operations, this week announced the close of a Series B investment round led by Guggenheim Investments. Guggenheim Investments is the global asset investment and advisory arm of Guggenheim Partners. The company today also announced that Jay Hooley,… Read More

March 19, 2022 @ 10:58 am By Xu Gao  |  

Shanghai Data Exchange Launches Recruitment Campaign in the Metaverse From March 7th to 14th, Shanghai Data Exchange (SDE) launched a recruitment campaign in a metaverse style, which was the first recruitment event since its establishment in November 2021. SDE is expected to recruit globally for… Read More

March 17, 2022 @ 1:59 am By Omar Faridi  |  

Refinitiv, an LSEG Business, recently revealed that it entered a strategic agreement with Vestorly, an AI-powered content curation, and marketing platform, in order to offer wealth management companies and advisors with personalized content and marketing tools “designed to foster a more-impactful digital customer engagement experience.”… Read More

March 14, 2022 @ 10:48 pm By JD Alois  |  

Binance has received a crypto asset license from the Central Bank of Bahrain (CBB), according to the crypto exchange. This is Binance’s first digital asset-specific license. The company said approval by the CBB demonstrated its commitment to being in regulatory compliance as the first of… Read More

March 14, 2022 @ 6:03 pm By Omar Faridi  |  

KurateDAO, a database developed on the blockchain, recently announced the close of its $6.85 million seed funding round, which was reportedly led by Polychain Capital. KurateDAO’s mission is to “use economic incentives to curate the world’s information.” Established this year, KurateDAO sees today’s “one size… Read More

March 12, 2022 @ 8:41 pm By Omar Faridi  |  

Lendable, an AI-enhanced consumer finance platform, has announced a £210 million funding round at a valuation “in excess of £3.5 billion.” The round has reportedly been led by the Ontario Teachers’ Pension Plan Board (Ontario Teachers’), through its Teachers’ Innovation Platform (TIP). TIP focuses on… Read More

March 9, 2022 @ 7:39 pm By Omar Faridi  |  

Glean AI, the intelligent accounts payable firm, has secured $10.8 million in seed financing from Contour Venture Partners (lead investor), Amex Ventures, Infinity Ventures, B Capital Group, Portage Ventures, Parameter Ventures, and several other venture funds and angel investors. The proceeds from the investment round… Read More

March 8, 2022 @ 5:31 pm By Omar Faridi  |  

Resonate (RESO), a “decentralized” social NFT platform that is centered on enabling users to have a decentralized AI-enhanced, “trusted” social experience “free from all forms of malicious, untrustworthy sources and actors” is set to launch on Fetch.ai. The first version of the platform “enables users… Read More

March 6, 2022 @ 6:00 pm By Omar Faridi  |  

The Dubai International Financial Centre (DIFC), a global financial center situated in the MENA and South Asia region, has issued a consultation paper “proposing to amend the Real Property Law, DIFC Law No. 10 of 2018.” The Proposed amendments will aim to “facilitate the administration… Read More

March 6, 2022 @ 1:07 pm By Omar Faridi  |  

ThetaRay, a provider of AI-enhanced transaction monitoring tech to protect banking institutions and Fintech platforms against financial crimes, recently revealed that it has solidified its international revenue operations with the appointment of Peter Reynolds as the firm’s Chief Revenue Officer. ThetaRay is an OurCrowd portfolio… Read More

March 3, 2022 @ 4:59 pm By Tony Zerucha  |  

VISO Trust, an AI-based cybersecurity due diligence platform, has raised $11 million in Series A funding led by Bain Capital Ventures, with additional participation from Work-Bench, Sierra Ventures, and Lytical Ventures. Mandiant CEO Kevin Mandia, Crowdstrike CEO George Kurtz, and former Splunk CEO Doug Merritt also participated in the round, with… Read More

March 3, 2022 @ 3:15 pm By Omar Faridi  |  

Hyperhuman is reportedly raising a €0.7M round being led by Sparking Capital, along with contributions from Early Game Ventures and SeedBlink investors. The offering on SeedBlink is raising equity capital from retail investors at a pre-money valuation of €6.2 million. The offering is scheduled to… Read More

February 24, 2022 @ 9:05 am By JD Alois  |  

Squirro, an “Augmented Intelligence solutions provider,” has been awarded a contract with the European Central Bank (ECB) to provide insights into risk and the countries that have adopted the Euro. Squirro notes that it is already working with the German Bundesbank and the Bank of… Read More

February 24, 2022 @ 8:26 am By Omar Faridi  |  

Mecanicus, a company focused on driving a “revolution” in the classic car market to ensure its “transmission to future generations,” has secured 113% (€568,692) of its €500,000 fundraising target via Crowdcube (from 121 investors at the time of writing). Mecanicus notes that it aims to… Read More

February 22, 2022 @ 9:43 pm By Omar Faridi  |  

Digital insurance marketplace RenewBuy has reportedly acquired Bengaluru-headquartered Fintech firm Artivatic.AI. The strategic acquisition by RenewBuy has been made as it aims to scale its operations and further enhance its tech stack to address the requirements of clients in insurance claim settlement, risk assessment and… Read More

February 21, 2022 @ 6:15 pm By JD Alois  |  

SKAEL has raised $38 million in Series A funding, led by RTP Global, according to a company statement. SKAEL is a digital platform designed to support firms using digital employees by automating services, saving money. The funding was led by RTP Global with participation from… Read More

February 11, 2022 @ 3:51 pm By Omar Faridi  |  

Ocean Protocol, the decentralized data exchange protocol that taps into data for AI, is pleased to confirm the introduction of DataX Protocol, an initiative financed via OceanDAO, Ocean’s community-curated grants program. DataX Protocol has a lineup of various DeFi tooling solutions for datasets in the… Read More

February 9, 2022 @ 4:01 pm By Omar Faridi  |  

Smarter.ai, the creators of an AI marketplace to democratize artificial intelligence and help SMEs meaningfully compete with Big Tech, has announced its pre- seed raise, which was led by Fuel Ventures and Hambro Perks. As noted in the update, this comes at a time when… Read More