Artificial Intelligence

July 17, 2025 @ 1:34 am By Omar Faridi  |  

NiCE (NASDAQ: NICE) says that Aberdeen Group, a UK-based global investment management firm headquartered in Edinburgh, has selected NiCE Actimize’s X-Sight Suspicious Activity Monitoring (SAM) and Watch List Screening solutions as part of its financial crime operations. These are part of NiCE Actimize’s advanced “portfolio of… Read More

July 16, 2025 @ 8:51 am By Omar Faridi  |  

Deloitte announced a series of new artificial intelligence (AI) capabilities within Omnia, Deloitte’s global cloud-based Audit & Assurance platform, designed to evolve the audit and assurance experience, “advancing Deloitte’s effort to drive innovation with enhanced technology.” As the external landscape and client businesses transform, these… Read More

July 14, 2025 @ 8:36 pm By Omar Faridi  |  

Hedera Hashgraph (HBAR) has captured the cryptocurrency market’s attention with a 24%+ price increase in the past 24 hours or so, reaching $0.2452 as of July 13, 2025. This growth, which propelled HBAR to the 14th largest cryptocurrency by market capitalization, is driven by a… Read More

July 14, 2025 @ 9:18 am By Omar Faridi  |  

We recently connected with Baxter Lanius, CEO and founder of Alternative Payments, to learn about how AI is modernizing B2B payment infrastructure, specifically in blue-collar industries that have long been overlooked by fintech. For background, Alternative Payments is focused on modernizing payment systems for managed… Read More

July 14, 2025 @ 5:31 am By Michael Wong  |  

BDx Data Centers, a China-based carrier-neutral operator, has partnered with Singapore’s Anyon Technologies to install Southeast Asia’s first hybrid quantum artificial-intelligence testbed at BDx’s SIN1 facility in Paya Lebar, Singapore, according to an announcement. The companies signed a memorandum of understanding to formalise the collaboration,… Read More

July 12, 2025 @ 12:28 am By Omar Faridi  |  

Nymbus, a full-stack banking platform for U.S. banks and credit unions, announced a new agreement with Bud Financial, a provider of transaction data enrichment and AI-driven insights for the financial services industry. Nymbus will integrate Bud’s “suite of personal financial management (PFM) widgets.” These capabilities… Read More

July 11, 2025 @ 6:21 am By Omar Faridi  |  

In an era where digital services dominate, the subscription economy has become a cornerstone of digital-first business models. Juniper Research’s latest whitepaper, Subscribed for Success: Leveraging Subscriptions for Growth & Retention in the Digital Economy, offers an analysis of how subscription-based services are reshaping industries,… Read More

July 11, 2025 @ 3:50 am By Omar Faridi  |  

The venture capital landscape in Q2 2025, as detailed in CB Insights’ State of Venture Q2’25 Report, underscores a dynamic yet uneven market shaped by artificial intelligence and cautious investor strategies. Global venture funding reached $97.2 billion across 5,336 deals, a 13% increase in funding… Read More

July 11, 2025 @ 2:54 am By Omar Faridi  |  

The artificial intelligence (AI) and machine learning (ML) sector has solidified its position as the powerhouse of venture capital (VC) investment, with a record-breaking $73.6 billion raised across 1,603 deals in the first quarter of 2025, according to PitchBook’s Q1 2025 AI & ML VC… Read More

July 10, 2025 @ 2:11 pm By JD Alois  |  

Gradient Labs has raised $13 million in Series A funding in a round led by Redpoint Ventures, with participation from Localglobe, Puzzle Ventures, Liquid 2 Ventures, and Exceptional Capital. Gradient Labs was founded by Gradient Labs was co-founded by Dimitri Masin, Neal Lathia, and Danai… Read More

July 10, 2025 @ 1:52 pm By Omar Faridi  |  

Okoora, a company redefining global foreign exchange (FX) infrastructure, today announced a strategic partnership with DashDevs, global fintech product engineering company, to streamline the delivery of embedded foreign exchange (FX) functionality in digital financial products. The partnership brings together Okoora’s FX360 engine, an AI-powered infrastructure… Read More

July 10, 2025 @ 1:47 pm By Omar Faridi  |  

Clarity AI, which claims to be one of the largest technology and AI firms focused on sustainability, announced the acquisition of ecolytiq, a provider of in-app climate engagement solutions for financial institutions and their retail and commercial banking customers globally. This move reinforces Clarity AI’s… Read More

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