Artificial Intelligence

October 4, 2025 @ 10:18 am By Tony Zerucha  |  

DataVisor, an AI-powered fraud and risk platform, is partnering with VeriPark, a provider of digital banking solutions for financial services, to deliver a joint ongoing fraud and device intelligence solution for VeriPark customers. This collaboration brings fraud protection to credit unions across Canada via VeriPark’s digital… Read More

October 2, 2025 @ 11:09 pm By Tony Zerucha  |  

This week, Maximor announced a $9 million seed round to expand its finance automation platform — AI agents that plug into ERPs, payroll, billing, and bank systems to take on the repetitive accounting work and produce audit-ready outputs by default. The round was led by… Read More

October 2, 2025 @ 12:16 pm By JD Alois  |  

AI Venture Builder (AIVB) is a startup that aims to launch B2B AI-driven software. The company states that it will create scalable AI ventures in various industries, including defence, Medtech, fashion, and finance. AIVB is now raising money on Republic Europe. According to the offering… Read More

October 1, 2025 @ 5:56 pm By Omar Faridi  |  

PayOS, an agentic payments and value added services platform company,  announced the completion of an agentic payment transaction using a Mastercard Agentic Token. This historic transaction was executed “leveraging Mastercard Agent Pay, which builds upon tokenization capabilities that power global commerce solutions like mobile contactless… Read More

September 30, 2025 @ 8:06 am By Omar Faridi  |  

Stripe has announced that it is helping OpenAI launch a commerce experience called Instant Checkout in ChatGPT. ChatGPT users in the US can buy goods from US-based Etsy businesses—and, coming soon, “over a million Shopify merchants, like Glossier, Vuori, Spanx, and SKIMS—directly in the chat.”… Read More

September 29, 2025 @ 4:46 pm By Omar Faridi  |  

The professional services landscape is undergoing a shift as artificial intelligence algorithms are leveraged to enhance operations. According to a recent CB Insights report, enterprise demand for AI is surging, with intelligent agents transforming workflows across industries. In 2024, private AI agent solutions and their… Read More

September 29, 2025 @ 4:45 pm By Michael Wong  |  

Hong Kong-based fintech platform WeLab announced an artificial intelligence partnership with Google to accelerate digital banking across Asia Pacific, as the company targets serving 500 million users by 2032 with AI-powered financial services. The collaboration will see WeLab leverage Google’s advanced AI models and cloud… Read More

September 28, 2025 @ 8:28 pm By Tony Zerucha  |  

Backbase, a provider of AI-powered banking technology, and Akkuro, a leading international core banking technology provider, have announced a strategic partnership that tackles legacy system limitations with AI. This collaboration is set to deliver an end-to-end modern banking technology stack across retail banking, business banking,… Read More

September 28, 2025 @ 3:16 am By Omar Faridi  |  

The Qatar Investment Authority (QIA) and Blue Owl Capital Inc.  have announced a partnership agreement. This collab establishes a digital infrastructure platform aimed at addressing the explosive demand for compute power driven by cloud computing and artificial intelligence advancements. With initial assets exceeding $3 billion,… Read More

September 28, 2025 @ 1:40 am By Tony Zerucha  |  

Biz2Credit, the parent company of Biz2X, which is an AI-powered small business lending platform, announced a partnership with Columbia University to tackle automating and scaling funding access for small and medium-sized businesses (SMBs). The effort aims to apply artificial intelligence to transform SMB loan portfolios… Read More

September 27, 2025 @ 9:18 am By Tony Zerucha  |  

Digital gift cards are upending traditional approaches to incentives and rewards, even creating exciting new use cases. And while Tillo isn’t a household name in the space, it powers many of these transformative experiences through a plug-and-go API that connects to more than 3,000 global… Read More

September 27, 2025 @ 9:12 am By Omar Faridi  |  

In an increasingly digital environment where data and advanced analytics challenge traditional economic modeling, the Bank of England is applying a fusion of machine learning (ML) with economic theory to better understand complex phenomena like inflation. Two working papers shared by the Bank of England… Read More

September 26, 2025 @ 4:47 pm By Omar Faridi  |  

In a move against the rise of cyber fraud, Australia’s Westpac Banking Corporation has unveiled innovative tools to fortify customer protections, coinciding with a notable downturn in scam-related losses. Announced on September 26, 2025, the bank’s initiatives underscore a sort of multi-pronged strategy to outpace… Read More

September 26, 2025 @ 1:44 pm By Omar Faridi  |  

In an era where businesses grapple with economic uncertainties, Canadian accounting practices are charting a bold path forward. According to Xero‘s State of the Accounting Industry Report, a shift toward advisory services and accelerated technology adoption has fueled unprecedented optimism. About 80% of practices express… Read More

September 26, 2025 @ 11:51 am By Omar Faridi  |  

In a move to enhance its digital banking offerings, global Fintech company FIS (NYSE: FIS) has acquired Amount, a Chicago-based provider of account origination and decisioning technology. The financial details of the transaction were not disclosed, but the acquisition signals FIS’s commitment to strengthening its… Read More

September 26, 2025 @ 8:54 am By Omar Faridi  |  

In an era where financial markets operate around the clock and data volumes have increased accordingly, asset managers are accelerating their pivot to cloud-based solutions for market data delivery. A study released by SIX, the Swiss-based global financial information provider, and Crisil Coalition Greenwich reveals… Read More

September 26, 2025 @ 7:39 am By Omar Faridi  |  

Coinbase (NASDAQ:COIN) and Cloudflare announced their intent to co-found the x402 Foundation. This so-called nonprofit initiative aims to propel x402—a payment protocol—into the universal standard for AI-driven, autonomous transactions. As artificial intelligence agents increasingly handle complex tasks, from data analysis to supply chain management, the… Read More

September 25, 2025 @ 5:17 pm By Omar Faridi  |  

Tipalti, a provider of AI-powered finance automation solutions, has secured $200 million in growth financing from its long-standing partner, Hercules Capital, Inc. This capital infusion will empower Tipalti to advance its mission of transforming financial operations for businesses worldwide by enhancing its artificial intelligence capabilities,… Read More

September 25, 2025 @ 2:10 pm By Omar Faridi  |  

Researchers at the Bank for International Settlements (BIS) have harnessed the power of artificial intelligence to forecast potential disruptions in financial markets with precision. By employing machine learning techniques, the BIS team has developed a model capable of generating daily predictions of market dysfunction up… Read More

September 25, 2025 @ 11:03 am By JD Alois  |  

Artificial Intelligence (AI) is being incorporated into nearly everything we do. The advent of ChatGPT catapulted public perception of AI into the stratosphere, igniting a surge to integrate AI into all aspects of our existence. Stock trading, or equity recommendations, is also experiencing a significant… Read More