Artificial Intelligence

July 10, 2025 @ 8:35 am By Omar Faridi  |  

Plaid, a fintech infrastructure provider in the Open Banking space, has provided its latest set of product updates. These enhancements, detailed in Plaid’s latest blog post, focus on leveraging artificial intelligence (AI), bolstering fraud prevention, and streamlining user experiences across its platform, which connects over… Read More

July 10, 2025 @ 5:58 am By Omar Faridi  |  

The German Federal Financial Supervisory Authority (BaFin) has recently highlighted both the transformative potential of financial technology and the risks posed by unregulated financial activities. Through a keynote speech at BaFinTech 2025 and consumer warnings about unauthorized entities, BaFin underscores its dual role as a… Read More

July 9, 2025 @ 10:48 am By Omar Faridi  |  

The retail industry stands at the cusp of a transformative era, with artificial intelligence (AI) poised to potentially redefine how commerce operates. This, according to an update from CB Insights. As autonomous shopping tools and agentic payment solutions gain traction, retailers are racing to integrate… Read More

July 9, 2025 @ 7:39 am By Omar Faridi  |  

Castellum.AI, a financial crime compliance platform with in-house risk data, AML/KYC screening, and AI agents, announced the close of an $8.5m Series A round. CEO and Co-Founder Peter Piatetsky said: “Compliance teams are drowning in false positives while financial crime slips through the cracks. We’ve… Read More

July 9, 2025 @ 5:32 am By Omar Faridi  |  

Steeleye has explained that in the financial services sector, compliance with regulatory requirements is paramount to maintaining trust, transparency, and operational integrity. Among these requirements, voice recording regulations have become increasingly critical as regulators emphasize the need for robust recordkeeping to prevent misconduct and ensure… Read More

July 9, 2025 @ 5:23 am By Omar Faridi  |  

AI firm CoreWeave (NASDAQ: CRWV) and Core Scientific (NASDAQ: CORZ), a data center infrastructure provider, announced that they have signed a definitive agreement under which CoreWeave will acquire Core Scientific in an all-stock transaction. Under the terms of the merger agreement, Core Scientific stockholders will… Read More

July 7, 2025 @ 3:50 am By Michael Wong  |  

U.S. technology giant Cisco (NASDAQ:CSCO) has revealed key findings from its global networking study ahead of its flagship “Cisco Connect – CXO Edition” event in Riyadh, highlighting how artificial intelligence is accelerating fundamental shifts in enterprise infrastructure across Saudi Arabia. The research underscores that IT… Read More

July 4, 2025 @ 10:15 pm By Omar Faridi  |  

In an evolving global environment, the World Economic Forum’s (WEF) recent updates have examined digital transformation trends that are reshaping economies worldwide. The 16th Annual Meeting of the New Champions (AMNC) 2025, held in Tianjin, China, from June 24-26, and related discussions in Europe highlight… Read More

July 4, 2025 @ 8:20 am By Omar Faridi  |  

The venture capital landscape in 2025 continues to be shaped by transformative trends, with mega-rounds and AI-driven unicorns dominating the startup ecosystem. According to recent reports from CB Insights, the first half of 2025 has seen significant activity in high-value funding rounds and the emergence… Read More

July 4, 2025 @ 1:17 am By Omar Faridi  |  

World Network, formerly Worldcoin, continues to redefine the blockchain landscape by prioritizing real humans over bots, fostering financial inclusion, and empowering developers. Recent updates from the project highlight its commitment to scaling a global, human-focused digital identity and financial ecosystem. With innovations like stablecoin integration,… Read More

July 4, 2025 @ 1:06 am By Omar Faridi  |  

New insights from Experian reveal that more than a third (35%) of UK businesses reported being targeted by AI-related fraud in the first quarter of 2025, compared to just 23% last year. The sharp rise is being driven by the “use of deepfakes, identity theft, voice… Read More

July 3, 2025 @ 8:12 pm By Michael Wong  |  

Vietnam-based artificial intelligence startup AI Hay has raised $10 million in a Series A funding round led by Southeast Asia-focused venture capital firm Argor Capital, the company said in a statement on Wednesday. The latest round, which also drew participation from existing investors Square Peg,… Read More

July 2, 2025 @ 2:04 pm By Michael Wong  |  

DigitalBridge Group Inc and Canada’s La Caisse have finalized the acquisition of Yondr Group, a global hyperscale data center developer and operator, from Cathexis Holdings, the companies announced. The move bolsters both investors’ presence in digital infrastructure and strengthens their ability to address the growing… Read More

July 2, 2025 @ 8:22 am By Tony Zerucha  |  

Intuit Inc. (Nasdaq: INTU) has unveiled Intuit AI agents. These agents will automate workflows and, when combined with human experts, will deliver real-time insights and improve cash flow for businesses. The new AI agents, embedded in the Intuit platform, augment QuickBooks. They complete workflows across… Read More

July 2, 2025 @ 1:52 am By Omar Faridi  |  

Schroders Capital, the $99.3 billion private markets division of Schroders,  announces the expansion of its advanced Artificial Intelligence (AI) tools through the introduction of an innovative virtual ‘investment committee agent’. This newly developed AI tool aims to “further strengthen the investment decision-making process.” Developed by… Read More

July 1, 2025 @ 12:55 pm By Omar Faridi  |  

As artificial intelligence (AI) radically reshapes business, a vast majority of organizations (90%) are not adequately prepared to secure their AI-driven future, according to a new report from Accenture (NYSE: ACN). Globally, nearly two-thirds (63%) of companies are in the “Exposed Zone,” indicating they lack… Read More

July 1, 2025 @ 12:42 am By Omar Faridi  |  

MARA (NASDAQ: MARA), a digital energy and infrastructure company, and TAE Power Solutions, a company commercializing power management systems derived from fusion energy research, announced a  collaboration to develop “a high-frequency, real-time responsive load management system that can be modularly deployed up to GW scales,… Read More

June 30, 2025 @ 11:21 am By Tony Zerucha  |  

Pi Squared, an advanced verifiable payment system and settlement layer for AI and crypto, has announced the launch of the VSL Devnet. The company calls the move “a major milestone in building a verifiability-first foundation for decentralized computing.” The VSL Devnet is the first live… Read More

June 30, 2025 @ 11:03 am By Tony Zerucha  |  

Foxit, a provider of innovative PDF and eSignature products and services, has launched its AI-Powered Research Agent, an intelligent tool designed to help users quickly understand and extract insights from complex research documents like academic papers, clinical trial reports, or usability studies. The AI-Powered Research… Read More

June 30, 2025 @ 10:20 am By Tony Zerucha  |  

The average size of artificial intelligence (AI) deals was significantly higher than deals across the wider UK equity market in 2024, underlining the continued focus on the sector, reveals the British Business Bank’s annual Small Business Equity Tracker. The average AI equity deal in the… Read More