Artificial Intelligence

GFT Report: Canuck Credit Unions View AI Differently

While large retail and investment banks go all in on AI, Canadian credit unions are taking a different approach to implementing the technology, according to a new report released today. Part 2 of the two-part Banking Disruption Index from global AI and digital transformation company… Read More

SoftBank Vision Fund Slashes 20% of Workforce to Prioritize AI-Driven Investments

Photo courtesy notionscapital on Flickr

SoftBank Vision Fund, the fintech venture capital powerhouse, announced plans to reduce its workforce by approximately 20% as part of a broader initiative to channel resources into artificial intelligence -focused ventures. The decision, which has sent ripples through the investment community, underscores the fund’s push… Read More

Private Ventures Completed Over 1,140 Funding Rounds in Past Month : Research

As the tech ecosystem navigates a landscape shaped by product development key breakthroughs as well as economic shifts, August 2025 marked a period for early-stage investments. According to recent analysis released by CB Insights, more than 1,140 funding rounds were completed by private ventures worldwide… Read More

Envive AI Celebrates $15M Series A

Envive AI, a digital commerce Fintech, has closed a $15 million Series A round led by Fuse VC, bringing total funding to $20 million. The company is developing brand-safe, self-improving AI agents designed to drive every customer interaction towards business outcomes, enabling performance and growth at scale. Consumer… Read More

Gr4vy Announces Agentic Payments Tool, Google Collab

Gr4vy, a cloud-native payment orchestration platform, has released its alpha MVP for Agentic Payments Orchestration. It comes alongside a strategic collaboration with Google to support a new open protocol for agentic payments designed to ensure trust and transparency across ecosystems. As agentic commerce emerges, Gr4vy… Read More

GFT to Launch GenAI-Powered Credit Risk Tool

This week, global digital transformation company GFT Technologies announced its work to launch a generative AI-powered credit risk assistant in the U.S. to inform and scale lending decisions for private capital firms and banks. The new tool automatically pieces together financial data to create credit… Read More

Venture Capital Now Increasingly Bifurcated by AI with Advancements Surging in Certain Sectors – Analysis

The venture capital ecosystem stands at a pivotal fork in the road, as outlined in PitchBook‘s latest Quantitative Perspectives report. The analysis reveals a market increasingly bifurcated by artificial intelligence (AI), where innovation surges in select areas while broader activity remains subdued. As of August… Read More

Digital Assets Custody Provider Copper Announces Partnerships to Enhance Infrastructure Support

Copper, an institutional digital asset custody provider, has this year announced  strategic partnerships that aim to expand its service offerings and reinforce its position as a infrastructure provider in the blockchain and cryptocurrency space. By announcing (this year) separate partnerships with Solstice Labs, the Midnight… Read More

Mid-Size US Banking Institutions on Front Lines of Rising Financial Crime : Quantexa

In an era where financial crime threatens the stability of local economies, Quantexa, a key player focused on Decision Intelligence solutions, is stepping up with targeted tech advancements and strategic hires. Recent announcements from Quantexa highlight the vulnerabilities of U.S. mid-size and community banks, introduce… Read More

TransUnion Research Highlights Rise in Synthetic Identity Fraud

In an era where digital transactions dominate, identity fraud has evolved into a sophisticated menace. TransUnion (NYSE: TRU) research shines a spotlight on synthetic identity fraud, a deceptive practice that blends real and fabricated personal information to create phantom personas. These “synthetic identities” evade traditional… Read More

Mastercard to Enhance Payments, Enable Blockchain and AI Adoption with Key Updates

Mastercard (NYSE: MA) is accelerating its push into the future of finance, blending blockchain tech advancements, improved ATM experiences, AI-driven commerce, and smarter decision-making tools. These updates underscore the company’s commitment to fueling the digital economy through trusted, secure, and user-centric technologies. One highlight is… Read More

Kaspersky Announces Cybersecurity focused Updates, Aims to Combat AI Risks

Kaspersky continues to lead the charge with timely warnings, product launches, and strategic initiatives. The company has issued critical alerts on emerging vulnerabilities while bolstering its portfolio for businesses worldwide. These updates underscore Kaspersky’s commitment to proactive defense amid rising AI integration, automotive cyber risks,… Read More

Malaysia’s Maybank Expands Local Operations, Introduces New Branch Concept

Malayan Banking Berhad (Maybank), which claims to be one of the nation’s largest banks, has made significant strides across physical expansion, financial performance, and technological partnerships. These developments underscore Maybank’s commitment to enhancing accessibility, sustaining growth, and embracing digital transformation amid evolving market demands. These… Read More

Lumera Protocol Launches Mainnet

Lumera Protocol, an AI-first Layer-1 blockchain evolved from Pastel Network, has launched its mainnet, delivering verifiable, modular services for decentralized storage, AI inference, and content authenticity. Built on the Cosmos SDK with CometBFT consensus and native Inter-Blockchain Communication (IBC), Lumera enables integration with Cosmos chains,… Read More

AI Marketing Firm Demand AI Raises $2.5M in Global Funding Round

Demand AI Group Inc, an artificial intelligence-driven business-to-business marketing company, said it has closed a $2.5 million funding round backed by international institutional investors and strategic local partners. The investment will fuel global expansion for the Denver-based startup, which has established operations in nine countries… Read More

Digital Bank Revolut Reports Steady Growth in Italy and Strategic AI focused Updates

Digital bank Revolut, which has been founded in 2015 by Nik Storonsky, has achieved a significant milestone by surpassing 4 million customers in Italy, making it the fifth-largest bank in the country by client base. This milestone, which includes an additional 1 million users since… Read More

Accenture and Google Cloud Partner with Eneva to Enhance Energy Solutions in Brazil

Accenture (NYSE: ACN) announced pivotal developments that underscore its commitment to product development across Latin America and other regions along with ensuring adequate security across its solutions. Recently, Accenture partnered with Google Cloud to transform Brazil’s energy landscape alongside Eneva, a private natural gas operator…. Read More

Voice AI: How Deepgram Is Perfecting the Future of Customer Service

While it’s still the early days, voice AI is one area where artificial intelligence promises cost savings and service improvements. Deepgram is a decade-old company that quickly saw AI’s potential in voice. It is developing voice AI for enterprise use cases like call centers and… Read More

Nubank to Continue Leveraging AI to Enhance Digital Financial Services in Latin America

Nubank (NYSE: NU) is reportedly millions of customers across Latin America. Recently, the company’s Chief Technology Officer, Eric Young, shared his vision for leveraging artificial intelligence to fuel Nubank’s global expansion and improve financial services. During a recent discussion, Young outlined how AI is not… Read More

FTC Cracks Down on AI Chatbots and Student Loan Scams

The Federal Trade Commission (FTC) is intensifying its oversight of emerging technologies and persistent financial frauds. The agency has launched a sweeping inquiry into AI chatbots that function as digital companions, while recently securing settlements that permanently ban operators of a notorious student loan forgiveness… Read More

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