Artificial Intelligence

September 7, 2025 @ 8:47 pm By Omar Faridi  |  

The tech sector is witnessing a significant shift, with private companies staying private longer and attracting late-stage funding, particularly in artificial intelligence. This, according to a report from CB Insights. August 2025 marked a pivotal moment for the industry, as mega-rounds—funding deals exceeding $100 million—continued… Read More

September 7, 2025 @ 8:26 pm By Tony Zerucha  |  

Spinwheel, an agentic AI-powered credit data and payments platform, has received a strategic investment from Citi Ventures. The funding will support Spinwheel’s continued go-to-market growth, expand its agentic AI platform, and build out its data sets and product offerings. In addition, Citi Ventures will advise… Read More

September 7, 2025 @ 3:50 pm By Tony Zerucha  |  

EC-Council, a provider of cybersecurity education and creator of the Certified Ethical Hacker (CEH) credential, has confirmed a $20 million-plus investment in FireCompass, an AI-powered offensive security platform. This move is part of EC-Council’s $100 million Cybersecurity Innovation Commitment, created to accelerate the development of… Read More

September 6, 2025 @ 11:25 am By Omar Faridi  |  

Bank of America (NYSE: BAC) continues to drive product development in financial services, addressing evolving consumer needs through enhanced employee benefits, cutting-edge AI technology, and tailored financial products. Recent announcements highlight the bank’s commitment to enable clients and employees, with significant updates including a doubling… Read More

September 4, 2025 @ 4:50 pm By Omar Faridi  |  

Ernst & Young LLP (EY) announced the establishment of a new Databricks Center of Excellence in Mexico City, Mexico, underscoring its commitment to advanced data analytics and artificial intelligence. This investment expands the firm’s current US-based Databricks Center of Excellence to Mexico for “nearshore global… Read More

September 4, 2025 @ 3:30 pm By Tony Zerucha  |  

While ratios and messaging surrounding Visa’s looming VAMP program have changed, one message is clear: acquirers and merchants should look to technology to stay in Visa’s good books. Beginning Oct. 1, Visa begins enforcement of the Visa Acquirer Monitoring Program (VAMP). It combines fraud and… Read More

September 4, 2025 @ 8:58 am By Omar Faridi  |  

Jumio, the enabler of AI-powered identity intelligence anchored in biometric authentication, automation and data-driven insights, released findings from its 2025 Online Identity Study. As students head back to school and engage “with more digital platforms than ever, new data spotlights a pivotal shift: today’s most… Read More

September 3, 2025 @ 10:07 am By JD Alois  |  

Pave Finance has raised $14 million in Seed financing in a funding round that was said to be oversubscribed. Pave, which just announced its commercial launch, is an artificial intelligence (AI) platform for personalized wealth management. The funding was said to come from former executive… Read More

September 3, 2025 @ 8:20 am By Omar Faridi  |  

Artificial intelligence has reportedly moved from pilot to performance for UK financial institutions. According to the latest Lloyds’ Financial Institutions Sentiment Survey, the sector is entering a new phase of AI maturity, with firms reporting tangible business benefits and “increased investment in the technology over… Read More

September 1, 2025 @ 8:42 pm By Omar Faridi  |  

Since the launch of ChatGPT in November 2022, the artificial intelligence (AI) sector has witnessed an unprecedented surge in innovation, investment, and valuation growth. According to a recent report by CB Insights, 100 AI startups have achieved unicorn status—private companies valued at $1 billion or… Read More

September 1, 2025 @ 5:44 pm By Omar Faridi  |  

Pete Balint, Partner at Financial Crimes Advisory at SolomonEdwards, has recently shared key insights with CI. As now widely reported, the 2025 GENIUS Act is reshaping how digital assets are regulated in the U.S. With new AML requirements, stablecoin issuers are now classified as financial institutions…. Read More

August 31, 2025 @ 4:27 pm By Omar Faridi  |  

World Network, the blockchain project formerly known as Worldcoin, continues to challenge the boundaries of digital identity and decentralized finance with key updates: the development of a peer-to-peer (P2P) Flashblock propagation layer for its World Chain blockchain and the opening of its flagship location in… Read More

August 30, 2025 @ 3:46 pm By Michael Wong  |  

About 70% of organisations in the Asia Pacific expect agentic artificial intelligence (AI) to significantly disrupt their business models within the next 18 months, with the banking sector likely to see the largest impact, Moneythor said. Vivek Seetharaman, Chief Product Officer at Moneythor, a provider… Read More

August 30, 2025 @ 2:21 am By Omar Faridi  |  

Warden, a platform leveraging artificial intelligence to enhance trading strategies, reported achieving a key milestone: scaling its AI-driven trading interface to support over 650,000 swaps across 14 blockchain networks in three weeks. This expansion was made possible via the Uniswap Labs Trading API, a tool… Read More

August 28, 2025 @ 10:25 pm By Omar Faridi  |  

In a move to strengthen its position as a global enabler of digital transformation and artificial intelligence, Accenture (NYSE: ACN) announced two significant acquisitions: NeuraFlash, a Salesforce and generative AI consulting firm, and SI&C Co., Ltd., a Tokyo-based provider of advanced digital technology and consulting… Read More

August 28, 2025 @ 7:12 am By Omar Faridi  |  

In a significant move to democratize access to sophisticated investment opportunities, Moomoo Financial Singapore Pte. Ltd. has announced a strategic partnership with Barings, a global investment management firm. This collaboration aims to provide Moomoo Singapore’s retail investors with access to “institutional-grade” private credit investments, a… Read More

August 27, 2025 @ 5:00 pm By JD Alois  |  

While NVIDIA (NASDAQ:NVDA) reported relatively strong results, shares dipped in after hours trading in advance of the earnings call. NVIDIA topped expectations on both the top and bottom line but fell slightly short in data center revenue. Expectations for the next quarter were solid –… Read More

August 27, 2025 @ 12:00 pm By JD Alois  |  

Financial services, including Fintechs, are investing in artificial intelligence (AI) at a rapid pace. Consumers and businesses are already benefitting from the new technology, which can automate more services while improving products. For banks, it is not just about saving money; it is about maintaining… Read More

August 27, 2025 @ 8:35 am By Omar Faridi  |  

The first half of 2025 has painted a dynamic picture of the tech exit landscape, characterized by record-breaking mergers and acquisitions (M&A) in artificial intelligence, cautious optimism for initial public offerings (IPOs), and a rising wave of secondary transactions. According to the State of Tech… Read More

August 27, 2025 @ 2:09 am By Omar Faridi  |  

MARA Holdings, Inc. (NASDAQ: MARA), a key player in digital energy and infrastructure, has taken significant steps to strengthen its global presence by expanding operations in Europe. On August 25, 2025, the company announced the appointment of two seasoned industry leaders and the establishment of… Read More