Artificial Intelligence

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

OpenAI to Allow Shareholders to Sell at $500 Billion Valuation

OpenAI, a leading artificial intelligence platform and operator of ChatGPT, will enable insiders to sell approximately $10 billion in shares at a valuation of around $500 billion. OpenAI was previously priced at a valuation of $300 billion earlier this year. The company has been growing dramatically and is… Read More

Neobank Dave Introduces Latest CashAI Version to Enhance Cash Flow Underwriting Process

Fintech Dave Inc. (Nasdaq: DAVE), a US based neobank, continues to focus on the fintech sector with its advancements in AI-driven financial services, shareholder initiatives, and steady financial performance. As mentioned in the update from neobanking platform Dave, the company announced the full implementation of… Read More

BluWhale’s Whale Score Targets Gen Z Credit Builders

Bluwhale, a decentralized intelligence network powering AI agents across blockchains, has launched a digital financial health dashboard aimed at Gen Z navigating a hybrid world of digital assets and traditional finance. Whale Score combines and analyzes crypto, stablecoins, staking income, digital assets, cash, and traditional… Read More

AI Startup LineWise Raises $1.1m Pre-Seed to Cut Factory Downtime, Defects

LineWise, a US-based startup developing an AI-powered “virtual engineer” for manufacturers, said it has raised $1.1 million in pre-seed funding from A2D Ventures, Y Combinator and a group of global investors. The round, which also included Exitfund, REMUS Capital, SBXi Fund and Team Ignite Ventures,… Read More

“CopyPasta” Security Vulnerability Detected in Coinbase’s AI Coding Assistant

In the fast-paced industry of software development, artificial intelligence has become a key part of the process, aiming to improve coding processes and boost productivity. However, a newly uncovered security flaw is becoming a serious concern, particularly for cryptocurrency platforms like Coinbase. Cybersecurity professionals at… Read More

Fiservs at Acute AI-Related Fraud Risk: Nexos.ai

As the financial and insurance industries race toward an estimated $97 billion in artificial intelligence (AI) spending by 2027, up from $35 billion in 2023, they face some of the highest AI risk exposures of any sector. Cybernews research into S&P 500 companies identified 158… Read More

Struggling Consumers Ask AI For Help

As struggling consumers increasingly seek guidance on a wide range of financial topics from budgeting to investing, many are turning to artificial intelligence (AI) tools for help. A J.D. Power study also found that with prices on consumer goods increasing at the fastest rate in five… Read More

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