Artificial Intelligence

AI Firm BondIT Sues JP Morgan for Theft of Tech

BondIT has taken the extraordinary step of issuing a press statement announcing that they are suing JP Morgan (NYSE:JPM), alleging theft of its tech. JP Morgan is, of course, one of the largest and most respected banking firms in the world. BondIT is an Israeli Fintech in the fixed… Read More

Accenture Announces Acquisition of Decho to Scale Palantir and Gen AI Capabilities

Accenture (NYSE: ACN) has recently acquired Decho, a UK-based tech and AI consultancy that helps organizations reinvent through the design, delivery and scaling of Palantir solutions. The acquisition reportedly aims to enhance Accenture’s strategic advisory and advanced engineering capabilities for Palantir solutions for clients across… Read More

Proptech Feesback Launches NYC Pilot

Currently launching its pilot program in New York City, the largest real estate market in the United States, Feesback said it is poised to save customers across the country money on their largest transactions while giving real estate agents a smarter, more sustainable way to grow their… Read More

Cybercriminals Launch Campaign to Steal Sensitive Documents from APAC Nations, Report Reveals

Earlier this year, Kaspersky’s Global Research and Analysis Team (GReAT) identified a campaign by the ‘Mysterious Elephant’ APT. The group mainly targets government entities as well as foreign affairs organizations across the APAC area, with a particular focus on Pakistan, Bangladesh, Afghanistan, Nepal, Sri Lanka… Read More

Fintech Klarna Announces AI focused Partnership with Google Cloud

Klarna (NYSE:KLAR), the global digital bank and flexible payments provider, and Google Cloud announced a strategic, AI-focused partnership to accelerate tech advancements, creativity, and customer-centric solutions to BNPL Fintech firm Klarna’s  consumers worldwide. Klarna will leverage Google Cloud’s AI stack, from infrastructure, to platform, to models,… Read More

UK’s Wealth Management Fintech PaceUPInvest Is Raising Funds via Crowdcube

PaceUPInvest is raising funds through its crowdfunding campaign carried out through Crowdcube. The company explains that it is committed to enhancing the accessibility of wealth management services. By harnessing the power of artificial intelligence algorithms and valuable human insight, their platform aims to assist users… Read More

Analyst: No Bubble in Artificial Intelligence (AI) Market

  Concerns that artificial intelligence (AI) hype will outpace reality have grown louder of late. While predictions of profound transformation across all industries abound, AI investment and valuations continue to grow.  Some are drawing parallels to the Dot Com Bomb of the early 2000s, when… Read More

EXL, Databricks, Unveil Agentic AI Suite

EXL [NASDAQ: EXLS] is unlocking the data foundation to make AI real for enterprises with its newly unveiled agentic AI suite of data solutions, EXLdata.ai. In partnership with Databricks, this suite of data solutions tackles a top barrier to AI adoption by making enterprise data usable for… Read More

AI Adoption in the UK : Compliance Measures Implemented by AI Solutions Improves but Measurement Lags Behind, Report Claims

UK Finance has noted that AI adoption has risen in terms of compliance, but measurement continues to lag behind. According to the UK industry body,  it should actually be no secret that FIs are trying to adopt artificial intelligence across different areas of risk as… Read More

Corporate and Private Equity Professionals Now Increasingly Using Generative AI Tools : Deloitte

Deloitte released the findings of its GenAI in M&A Survey, asking 1,000 corporate and private equity professionals across various industries in the United States about their expectations for Generative AI use in dealmaking as well as what trends could be emerging within investment and deployment… Read More

Toku, Lagrange Union Blends AI, Stablecoins, Payroll

Toku, a stablecoin payroll platform, has announced a partnership with Lagrange, a provider of verifiable AI. Over the past four years, Toku has built the first global system for token compensation, solving for taxes and compliance across more than 100 jurisdictions. With the 2025 stablecoin… Read More

Latin America: Prometeo to Offer Agentic Banking

Fintech Prometeo says it is poised to offer Agentic Banking in Latin America. Prometeo is a banking software platform, reporting over 1500 connections to 1200 financial institutions in eleven countries. The company has announced the launch of its Agentic Banking solution, which is said to… Read More

MENA Region Fintech Tabby Invests in NVIDIA HGX Systems to Enhance AI Infrastructure

Tabby, a financial services app, announced that it is now deploying NVIDIA HGX systems to start developing and testing its AI capabilities to serve a growing base of clients and merchants. The investment helps with establishing local AI factory infrastructure that supports tech advancements while… Read More

European Venture Markets : AI Now a Dominant Factor while Exits Remain Uneven

European venture markets this year continue to tell two very different stories and contrasting narratives, according to a report from PitchBook. On one hand, artificial intelligence appears to have cemented itself as the dominant force, making up almost 40% of deal value YTD and delivering… Read More

Venture Activity Heats Up After Recalibration Period : Analysis

Venture activity is picking up again, according to an update from CB Insights. This comes after several years of recalibration, the report noted while pointing out that Q3’25 appears to have marked a “decisive” turning point. This, as both funding and exits notably reached their… Read More

Asset and Wealth Management Industry Being Transformed by M&As : Research

Oliver Wyman noted in their wealth and asset management report with Morgan Stanley that they examined the global industry outlook, and have carefully looked at how mergers and acquisitions are now seemingly changing the asset management and wealth management ecosystem. In the latest report, they… Read More

Berlin Automation, AI Startup n8n Secures $180m in Series C Funding

Berlin-based automation and AI orchestration startup n8n has raised $180 million in a Series C funding round, bringing its total funding to $240 million and valuing the company at $2.5 billion, according to a company announcement. The round was led by Accel with participation from… Read More

Waterlily’s Quote-and-Apply Optimizes Insurance

Waterlily, which uses AI to predict long-term care (LTC) needs up to decades before they happen, announced today the launch of Quote-and-Apply. This new offering is said to utilize AI and computation across hundreds of thousands of insurance policy configurations to identify the mathematically optimal… Read More

Circle to Enable Machine to Machine Micropayments, Incubating Projects Focused on AI and Crypto

Circle revealed that it is currently incubating prototypes and products at the intersection of crypto and AI. It is said to be working on a machine-to-machine micropayments solution. Artificial intelligence is entering a new phase — one that appears to be increasingly defined by agency…. Read More

FSB Report Provides Guidelines on Monitoring AI Adoption in Financial Industry

A new FSB report sets out guidelines for relevant authorities regarding how to tackle the challenges related to overseeing the adoption of artificial intelligence in the financial services industry. AI is being increasingly used by financial services providers and other industries as well because of… Read More

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