Artificial Intelligence

August 17, 2025 @ 4:05 pm By Michael Wong  |  

The US Department of the Treasury launched a public comment period seeking input on innovative technologies that financial institutions could use to detect illicit activity involving digital assets, including artificial intelligence and blockchain monitoring tools. The request fulfills requirements under the GENIUS Act, the stablecoin legislation… Read More

August 17, 2025 @ 1:59 pm By Michael Wong  |  

The U.S. National Science Foundation and NVIDIA Corp (NASDAQ:NVDA) announced a $152 million partnership to develop open-source artificial intelligence (AI) models designed to accelerate scientific research and strengthen American leadership in AI innovation. NSF will contribute $75 million while NVIDIA provides $77 million for the… Read More

August 17, 2025 @ 5:07 am By Michael Wong  |  

CourseRev.ai, an artificial intelligence technology company serving the golf industry, said it has secured a strategic investment from The Walden Golf Group as part of its seed funding round. The Walden Golf Group, which owns and operates more than 20 golf courses across the United… Read More

August 15, 2025 @ 2:29 pm By Omar Faridi  |  

Kaspersky has detected and blocked “over 142 million” phishing link clicks in Q2 2025, a “3.3% increase from Q1.” Currently phishing is going through a shift driven by “sophisticated AI-powered deception techniques and innovative evasion methods.” Cybercriminals are exploiting deepfakes, voice cloning and trusted platforms… Read More

August 15, 2025 @ 7:26 am By Omar Faridi  |  

As digital transformation accelerates, the sophistication of cyber threats continues to evolve, presenting new challenges for businesses and consumers alike. Jumio, the enabler of AI-powered identity intelligence, has issued a stark warning about the rise of injection attacks, describing them as one of the most… Read More

August 15, 2025 @ 7:14 am By Omar Faridi  |  

Synthetic identity fraud has emerged as one of the most insidious challenges facing the financial sector, with its stealthy nature and devastating financial impact making it a top concern for banks worldwide. According to a recent report by Juniper Research, this form of fraud, which… Read More

August 15, 2025 @ 4:23 am By Omar Faridi  |  

Riskified (NYSE: RSKD), a global enabler of e-commerce fraud and risk intelligence trusted by the world’s largest brands, today announced it has achieved the Amazon Web Services (AWS) Retail Competency. The designation recognizes Riskified’s ability to “meet the bar for performance and security on AWS… Read More

August 13, 2025 @ 4:14 pm By JD Alois  |  

Yieldstreet co-founder and former CEO Michael Weisz has joined NextNRG (NASDAQ: NXXT) as an advisor. Yieldstreet is an online investment platform that supports access to alternative investments for Accredited Investors. Weisz remains a member of Yieldstreet’s board of directors. Wiesz left the CEO position this… Read More

August 13, 2025 @ 12:30 pm By Omar Faridi  |  

MARA Holdings, Inc. (NASDAQ: MARA), a digital energy and infrastructure company, and EDF Pulse Ventures, the corporate venture of EDF, one of the world’s low-carbon energy producers, announced the signing of an investment agreement allowing MARA to “acquire a 64% stake in Exaion, a subsidiary… Read More

August 13, 2025 @ 9:04 am By JD Alois  |  

Global bank Santander shared its vision yesterday of becoming an AI-native bank, partnering with OpenAI to achieve this goal. In a blog post, Santander Chief Data & AI Officer Ricardo Martín Manjón explained that they seek to reshape banking by modernizing operations, providing a personalized, agile, and efficient banking… Read More

August 12, 2025 @ 2:21 pm By Omar Faridi  |  

The financial sector is in a technological arms race against increasingly sophisticated fraud, driven in large part by the pervasive application of Artificial Intelligence. As fraudsters leverage AI to scale and precision-target their attacks, regulators worldwide are taking notice, signaling a fundamental shift towards tougher… Read More

August 12, 2025 @ 10:33 am By Tony Zerucha  |  

Brightwave, an agentic AI research platform, has introduced background agents, enabling users to control fleets of research autonomous agents from a single, unified control plane. This release enables multi-agent research systems. Inspired by system and user interface design patterns drawn from AI-powered software engineering tools… Read More

August 12, 2025 @ 9:58 am By Omar Faridi  |  

PwC US has signed a definitive agreement to acquire substantially all the assets of Kunai, an agile software consultancy specializing in AI, cloud-first web, mobile and infrastructure platforms for the financial services industry. This proposed strategic acquisition aligns with PwC’s commitment to helping clients “reach… Read More

August 11, 2025 @ 9:26 pm By Omar Faridi  |  

Digital identity protection app, Truyu, has launched a pilot of a free Gen AI-powered tool to “help Australians figure out if a text message might be a scam.” Anyone using the Truyu app – built by CommBank’s venture scaling arm x15ventures – can now “take a… Read More

August 11, 2025 @ 3:59 am By Michael Wong  |  

More than 25% of corporate finance teams now use machine learning in quarterly planning processes, with adoption of generative AI accelerating rapidly as companies seek to replace rigid traditional budgeting with autonomous financial systems, according to a new study by consultancy Bain & Company. The… Read More

August 11, 2025 @ 12:54 am By Michael Wong  |  

Singapore-based multi-family office Kamet Capital has completed an $8.4 million Series A investment in artificial intelligence avatar platform TopView.ai, valuing the startup at approximately $30.7 million. The investment represents Kamet’s exclusive backing of the AI-powered content creation platform, which develops technology enabling brands to produce… Read More

August 10, 2025 @ 7:43 pm By Omar Faridi  |  

The venture capital ecosystem for artificial intelligence continues to evolve rapidly, as highlighted in PitchBook’s Q2 2025 AI VC trends update. This report underscores AI’s pivotal role in driving global tech advancements, with significant investment activity shaping the sector’s trajectory. In Q2 2025, AI and… Read More

August 10, 2025 @ 5:24 pm By Omar Faridi  |  

The insurance industry is undergoing a seismic shift, driven by the integration of artificial intelligence and digital technologies. The Global InsurTech Report for Q2 2025, released by Gallagher Re, provides a comprehensive analysis of these trends, focusing on AI’s transformative impact on property insurance, InsurTech… Read More

August 9, 2025 @ 11:09 am By Omar Faridi  |  

KPMG LLP announced initiatives to help customers deploy and manage AI agents that transform enterprise data management and business processes. KPMG is making investments in AI and “helping organizations create and deploy AI agents to fit their business needs with Oracle Cloud Infrastructure (OCI) Generative… Read More

August 9, 2025 @ 10:05 am By Tony Zerucha  |  

From the SEC’s comments on liquid staking to the CFTC spotlighting spot crypto trading on registered exchanges and Trump’s rate cut call, Web3 was busy talking about government affairs this week. And what would a week be without some AI talk? SEC comments on liquid… Read More