Artificial Intelligence

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

March 18, 2025 @ 9:19 am By Tony Zerucha  |  

  Insurance is one of life’s boring necessities, but bolt is livening it up through technology partnerships and industry expertise. The platform works with hundreds of insurers and businesses across industries and operates in more than 35 markets on four continents. Bolt’s financial services vertical… Read More

March 17, 2025 @ 10:06 pm By Omar Faridi  |  

World, the human-centered financial and identity network, is now available in Thailand. Thais can get their World ID verified at a number of World Spaces throughout Bangkok, with more locations “slated to open throughout 2025.” With the second-highest GDP in Southeast Asia, Thailand is “one… Read More

March 16, 2025 @ 10:05 pm By Michael Wong  |  

Baidu Inc launched its latest artificial intelligence models, ERNIE 4.5 and ERNIE X1, making them freely accessible to individual users ahead of schedule as part of its broader push to expand AI adoption. ERNIE 4.5, Baidu’s latest foundation model, features multimodal capabilities with improved language… Read More

March 16, 2025 @ 6:31 pm By Omar Faridi  |  

Capco, the global management and technology consultancy, announced a collaboration with OpenAI, the maker of ChatGPT and frontier AI models such as GPT-4o, GPT-4.5, OpenAI o1 and o3 mini, to accelerate AI’s transformative impact at the world’s financial institutions. This collaboration combines OpenAI’s innovations with… Read More

March 15, 2025 @ 3:50 pm By Michael Wong  |  

Disputed.ai, an artificial intelligence-driven chargeback management platform for enterprise merchants, has raised $1.12 million in seed funding to expand its automated dispute resolution technology. The funding will support the company’s efforts to refine its AI-driven platform and scale operations as it targets industries with high… Read More

March 14, 2025 @ 5:10 pm By JD Alois  |  

Artificial intelligence or AI is the new hotness as everyone rushes to get a piece of the action. While more and more firms are leveraging the technology, AI remains in its infancy, with predictions of greatness still largely unrealized. This is not the only time… Read More

March 14, 2025 @ 3:26 pm By Omar Faridi  |  

nCino, Inc. (NASDAQ: NCNO), the provider of intelligent, banking solutions, announced that Československá obchodní banka (ČSOB), a subsidiary of KBC Bank NV, and one of the top 30 banks in Europe, has chosen the nCino Platform to digitize and streamline its Commercial and SME Lending… Read More

March 14, 2025 @ 2:18 pm By Omar Faridi  |  

The mortgage industry, traditionally burdening professionals with excessive paperwork, outdated manual processes, and sometimes error-prone human decision-making, is undergoing a major transformation due the emergence of advanced AI algorithms and other innovative technologies. Artificial Intelligence (AI) is emerging as a useful tool, aiming to streamline… Read More