Artificial Intelligence

AI Driven Productivity Is Fueling Reinvestment over Workforce Reductions : EY

The EY US AI Pulse Survey finds many leaders are channeling productivity gains from artificial intelligence into existing and new AI capabilities, R&D, cybersecurity and retraining employees rather than reducing headcount. While an increasing number of companies announce AI-related layoffs and concerns mount about more… Read More

Crypto.com Exchange Teams Up with Doblox

Crypto.com and crypto trading assistant Doblox announced a partnership that will see the Crypto.com Exchange, Crypto.com’s institutional grade-offering, integrated with Doblox. Via the integration, Crypto.com Exchange users in approved jurisdictions are able to trade assets directly through and with insights from Doblox, with the Doblox… Read More

Socure Acquires Qlarifi, Forming Real-Time BNPL Credit System

Socure has announced that it is acquiring Qlarifi, establishing the real-time BNPL credit system and setting a standard for accessible payments. With Qlarifi, Socure now combines identity verification as well as risk decisioning with BNPL-specific visibility “to help lenders say “yes” to good customers faster… Read More

Fifth Third, Adds AI to Digital Services Powered by Brex

Established bank Fifth Third (NASDAQ:FITB) has selected Brex to improve its digital banking services, including the addition of artificial intelligence (AI). According to a release, the multi-year partnership will incorporate Brex’s API-driven payments infrastructure, and the Fifth Third Commercial Card will become the default commercial… Read More

Intesa Sanpaolo, Frontria Consortium Aim to Address AI generated Disinformation

Intesa Sanpaolo reports that it is now among more than 50 organizations worldwide participating in “Frontria”, which is described as the new international consortium that was launched by Fujitsu in order to effectively address challenges as well as major risks arising from the ongoing evolution… Read More

Insurance Customers On the Fence About AI: Study

According to data collected by J.D. Power, insurance customers are keeping an open mind when it comes to AI’s role in their overall experience. However, while customers do have an open mind about its use, that doesn’t mean there aren’t concerns about how insurance companies… Read More

AI Is Rewiring Data Center Economies, Enabled by Growth in Large Language Models (LLMs) : Research

AI is now said to be rewiring the economics of data centers. This, according to a recent update shared by CB Insights which noted that steady growth in large language models is increasingly pushing data center buildouts into the multi‑GW range — equivalent to “a… Read More

AI Agent Pine Raises $25M Series A

Pine, an AI agent for consumers’ digital chores, has closed a $25 million Series A funding round. Investors included Fortwest Capital. This financing positions Pine to advance its “ask-and-it’s-done” AI, an autonomous digital agent that makes calls, handles emails and operates software to complete real-world… Read More

AI-Native HNW Bank Flex Secures $60M Series B

Flex, an AI-native bank for high-net-worth (HNW) people, this week announced a $60 million Series B funding round led by Portage with participation from CrossLink Capital, Spice Expedition, Titanium Ventures, Wellington, Companyon Ventures, Florida Funders, FirstLook Partners, Tusk Venture Partners and others, bringing its total… Read More

InFlow Targets AI Agent Payments

InFlow, a payments system purpose-built for agentic commerce, has launched to help AI agents onboard and pay autonomously while enabling online businesses and digital platforms to seamlessly activate and monetize AI agents. Today, when an agent needs to access a paid service, it can’t complete… Read More

BlockStreet’s Hedy Wang On Bridging DeFi and TradFi

Hedy Wang is a bridge builder. The co-founder of BlockStreet, Wang believes now is the time to build bridges between TradFi and DeFi. By doing so, she also sees BlockStreet as the bridge that allows retail investors to generate wealth. Wang is a big believer… Read More

BNPL Fintech Klarna Introduces Tap to Pay for In-Store Transactions across Global Markets

Klarna (NYSE:KLAR), the global digital bank and flexible payments provider, launches the new feature Tap to Pay across 14 European markets, with the aim of bringing more flexible payments into physical retail at scale and “transforming the Klarna app into an everyday contactless wallet.” With… Read More

AI and Quantum Computing May Enable Sophisticated Cyberattacks : Data Breach Analysis

Experian released its latest Data Breach Industry Forecast, offering a look at the cyber threat ecosystem. The predictions address how the coming year could bring another new wave of more sophisticated attacks driven by artificial intelligence along with various other threats as well as significant… Read More

AI and Crypto Set to Transform Consumer Spending Patterns, Report Reveals

Visa Inc. (NYSE: V) released survey data, revealing AI’s influence and overall impact in commerce / shopping and spending, a generational shift in consumer spending behavior, and emerging payments trends this festive season. Bruce Cundiff, vice president, Consumer Insights at Visa said: “The data tells… Read More

AI Adoption Is Not Taking Jobs, It’s Building Careers, Report Claims

Feedzai, the AI-native RiskOps platform for financial crime prevention, released “The AI Advantage: Fraud Fighters’ New Career Guide,” a new research report showing that financial services employees who embrace AI are outperforming their peers “across every measure of career success — from compensation to promotions… Read More

Sift’s Brittany Allen Discusses Pros and Cons of AI Agents

As AI agents make inroads into payments, they’re raising many questions that the industry is rushing to answer. In some cases, the industry isn’t moving fast enough. Sift’s senior trust and safety architect, Brittany Allen, said AI agents are a popular session topic at conferences…. Read More

OpenAI, Accenture Enable Enterprise Digital Transformation with AI

Accenture (NYSE: ACN) and OpenAI announced a collaboration to help enterprise clients unlock new levels of innovation and growth by bringing agentic AI systems into the core of business. As part of the deal, Accenture will equip professionals with ChatGPT Enterprise, leveraging it in its… Read More

Tether Data Launches QVAC Fabric LLM to Train Large Language Models on Hardware

Tether Data announced the launch of QVAC Fabric LLM, a new LLM inference runtime and fine-tuning framework that makes it possible to execute, train and personalize large language models on hardware, including consumer GPUs, laptops, and smartphones. What had once reportedly required more high-end cloud… Read More

Republic Creates Special Purpose Vehicle (SPV) to Purchase Shares of xAi, Offers Access to Investors

 xAI, the artificial intelligence (AI) firm started by Elon Musk and incorporated into his social media platform X (Grok), is actively pursuing a funding round that aims to raise $15 billion at a pre-money valuation of $230 billion. The funding round is expected to close… Read More

Europe’s AML System to be Challenged as AI Adoption Inevitable: Report

ThetaRay, a firm providing Cognitive AI financial crime compliance, has released a study on the future of anti-money laundering (AML) in Europe. The study warns that Europe’s anti-money laundering system is approaching structural failure, and that financial institutions will be unable to meet upcoming supervisory… Read More

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