Artificial Intelligence

March 27, 2025 @ 6:27 am By Omar Faridi  |  

Akur8, the artificial intelligence (AI)-based pricing solution dedicated to insurers, announces today that the Covéa Group, an insurance provider in France, has chosen its platform to optimize its pricing processes. This collaboration will enable Covéa to accelerate its pricing cycles, enhance the “accuracy of its… Read More

March 26, 2025 @ 4:04 pm By Omar Faridi  |  

Trulioo, an identity platform with proven global coverage for person and business verification, announced across-the-board advances in its Identity Document Verification from innovation around AI and machine learning models. Trulioo has found advanced fraud techniques – such as ID alterations and deepfakes – account for… Read More

March 25, 2025 @ 10:34 am By JD Alois  |  

Emergence Capital is reporting that it has just raised $1 billion for a new fund that will support early-stage B2B firms. Fund VII is said to arrive at a key inflection point as artificial intelligence is poised to alter the way everyone does work. Emergence… Read More

March 25, 2025 @ 8:04 am By Omar Faridi  |  

Ever faced frustrating wait times with your bank’s customer service or wished for 24/7, personalized financial support? The solution lies in the next innovative wave: Agentic AI. Agentic AI represents a leap in technology—an autonomous system that not only sets goals but also analyzes, decides,… Read More

March 25, 2025 @ 6:10 am By Omar Faridi  |  

The global labor market is undergoing a seismic shift, as evidenced by recent announcements from major financial institutions like Deutsche Bank (NYSE: DB), Morgan Stanley (NYSE:MS), and Santander UK. This past week, these banks revealed plans that underscore the dual pressures of socioeconomic uncertainty and… Read More

March 24, 2025 @ 11:16 am By Tony Zerucha  |  

Crossmint, a platform for companies building on-chain, this week announced the completion of a $23.6 million funding round led by Ribbit Capital, with participation from Franklin Templeton, Nyca, First Round, and Lightspeed Faction. The company said more than 40,000 companies and developers use its services,… Read More

March 23, 2025 @ 6:55 pm By Omar Faridi  |  

AI is dramatically changing online gaming, according to an update from the World Network. According to a new survey shared by the World Network, more than 7 in 10 gamers “agree unauthorized third-party bots are both ruining multiplayer competition (71%) and making it less fun… Read More

March 23, 2025 @ 12:28 pm By Tony Zerucha  |  

This past week, Finastra, a global provider of financial services software applications, and IBM (NYSE: IBM) unveiled their collaboration on an enhanced cloud-based lending managed services offering. Finastra’s Lending Cloud Service (LCS) offers options for its Corporate Lending solutions — Loan IQ, Trade Innovation and… Read More

March 22, 2025 @ 5:29 pm By Omar Faridi  |  

The EY organization announced its artificial intelligence (AI) EY.ai Agentic Platform, created in collaboration with NVIDIA (NASDAQ:NVDA) . Built on the full NVIDIA AI stack – including NVIDIA AI Enterprise and the new NVIDIA AI-Q Blueprint, AI-Q – the platform will integrate private, domain-specific NVIDIA… Read More

March 21, 2025 @ 3:46 pm By Omar Faridi  |  

An update from the IMF has examined how artificial intelligence can potentially boost productivity in Latin America. According to a blog post by the IMF, some countries reportedly risk missing out on the full economic benefits of AI, but “more formal jobs and expanded digital… Read More

March 21, 2025 @ 1:03 pm By Omar Faridi  |  

Checkout.com, a digital payments company, announced that its Intelligent Acceptance product, an AI-powered engine designed to help enterprise businesses boost their payment performance, generated over “$10 billion in additional merchant revenue.” Powered by over 20 billion data points and insights from Checkout.com’s global network, Intelligent… Read More

March 21, 2025 @ 8:19 am By Omar Faridi  |  

In a recent research report and survey released by CoinGecko, 46.9% of crypto participants indicated that they were bullish on crypto AI products in 2025. Specifically, CoinGecko noted that 19.9% felt somewhat bullish “about crypto AI products and a larger 27.0% of survey respondents were… Read More

March 21, 2025 @ 8:18 am By Omar Faridi  |  

NatWest Group has announced that it has become the first UK-headquartered bank to work with OpenAI as part of a collaboration that supports its strategic focus on bank-wide simplification, which includes deploying AI to meet customers’ needs more effectively and to “increase productivity and efficiency… Read More

March 20, 2025 @ 10:35 pm By Omar Faridi  |  

Accenture (NYSE: ACN) has joined forces with the Commercial Bank of Dubai (CBD) to train the bank’s employees in the fields of data and AI. As the first bank in the UAE to launch an enterprise-wide data literacy program, CBD says that it is setting… Read More

March 20, 2025 @ 4:46 pm By Omar Faridi  |  

Multiply Mortgage, the financial technology company that is reportedly making homeownership accessible via employer benefits, announced it raised a $23.5 million Series A funding round, led by Kleiner Perkins. A*, Box Group, Mischief, and Workshop also participated, “bringing the company’s total funding to $27 million.”… Read More

March 20, 2025 @ 9:14 am By Tony Zerucha  |  

Officials at Hostinger predict that many financial services jobs will be made redundant by AI and AI agents within five years. With the artificial intelligence market projected to grow from $184 billion in 2024 to $826.7 billion by 2030, businesses are rapidly adopting these technologies to… Read More

March 20, 2025 @ 9:03 am By Omar Faridi  |  

Cainam Ventures is a Fintech startup that is focused on enhancing autonomous digital asset trading. Guided by its mission to support the onramp to agentic financial portfolio construction for digital asset investors, Cainam says that it leverages artificial intelligence (AI), large language models (LLMs), and… Read More

March 20, 2025 @ 8:58 am By Tony Zerucha  |  

According to a new report from fraud prevention platform Ravelin, e-commerce merchants are bracing themselves for a significant rise in AI-powered fraud over the next 12 months. The majority (91%) of retailers, travel companies, digital goods providers, and marketplaces are worried about criminals turning to… Read More

March 20, 2025 @ 7:55 am By Omar Faridi  |  

Insights from Experian reveal the rise of ‘synthetic fraud’ in the UK. Recent analysis of confirmed fraudulent and potentially fraudulent credit applications shows that there was “an increase of 60% in false identity cases in 2024 when compared to 2023, with the cases now making… Read More

March 19, 2025 @ 8:27 am By Omar Faridi  |  

The rise of artificial intelligence (AI) hinges on a multifaceted supply chain, according to a Bank for International Settlements (BIS) report. Spanning five critical layers—hardware, cloud infrastructure, training data, foundation models, and AI applications—this ecosystem is shaped by rapid technological change, high fixed costs, economies… Read More