Tagged: ai

April 14, 2026 @ 10:36 pm By Omar Faridi  |  

PitchBook’s Emerging Tech Research team released its Q1 2026 Fintech & Payments Public Comp Sheet and Valuation Update recently, painting a rather sobering picture of the public payments ecosystem. Despite carrying considerable momentum into the new year, publicly traded fintech and payments companies shed roughly… Read More

April 14, 2026 @ 4:11 pm By Omar Faridi  |  

Cyber insurers face a fundamental shift as artificial intelligence reshapes the threat landscape, according to a new research report from Insurtech company CyberCube. Titled “AI Risk Landscape: Implications for Cyber (Re)insurance,” the H1 2026 Global Threat Briefing warns that AI is accelerating cyberattacks, compressing response… Read More

April 14, 2026 @ 11:50 am By Omar Faridi  |  

Financial services firms are charging ahead with artificial intelligence and digital transformation efforts, but a new KPMG analysis underscores that true progress hinges on proper underlying systems rather than speed alone. The KPMG Global Tech Report 2026: Financial services related insights, drawn from a worldwide… Read More

April 14, 2026 @ 8:29 am By Omar Faridi  |  

Meta (Facebook) (NASDAQ:META) is reportedly considering significant staff cuts that could affect at least 20% of its employees. According to unnamed insiders who shared insights with Reuters, the specifics—such as the exact schedule—remain undecided. A company representative dismissed the claims, describing them as “hypothetical speculation on… Read More

April 13, 2026 @ 9:41 pm By Omar Faridi  |  

Global venture funding surged to an unprecedented $285.5 billion in the first quarter of 2026, marking the highest quarterly total ever recorded, according to CB Insights. A single massive $122 billion round for OpenAI alone drove 43 percent of the total, underscoring the extreme concentration… Read More

April 13, 2026 @ 7:35 pm By Omar Faridi  |  

UK Finance noted that the ongoing battle against financial crime has become more challenging because artificial intelligence has emerged as a powerful weapon (but for both sides). A recent analysis from UK Finance underscores a critical shift where fraudsters are now harnessing AI to outpace… Read More

April 13, 2026 @ 8:07 am By Omar Faridi  |  

PitchBook’s Q1 2026 European Venture Report has indicated that the region’s venture capital ecosystem kicked off the year with notable momentum, marking its strongest quarter in nearly four years. Total VC investment reached €21.9 billion, driven largely by an explosion in AI-related activity that far… Read More

April 12, 2026 @ 6:50 pm By Omar Faridi  |  

The QVAC team within Tether announced the release of QVAC SDK, an open-source software development kit engineered as a so-called universal foundation for artificial intelligence. In a future environment (by 2100-2150 or so) expected to include 10 billion people living alongside 10 billion autonomous machines… Read More

April 11, 2026 @ 11:09 am By Omar Faridi  |  

US Secretary of the Treasury Scott Bessent has recently urged chief executives of global companies to exercise greater vigilance toward Anthropic’s newly launched artificial intelligence powered system. The latest warning highlights potentially serious concerns over the ongoing integration of advanced AI powered tools into the… Read More

April 10, 2026 @ 7:56 am By Omar Faridi  |  

KPMG UK has indicated in a recent update that AI no longer needs traditional return on investment in order to be justified. In fact, 65% of UK based respondents claim that their organization would most likely continue to invest in AI regardless of tangible ROI… Read More

April 10, 2026 @ 5:11 am By Omar Faridi  |  

Digital bank Revolut has introduced a new AI assistant in order to assist clients with money management related tasks, allowing customers to get timely spending insights, check up on their portfolio investments, effectively manage subscriptions or plan out a trip via a single, all-in-one Fintech… Read More

April 6, 2026 @ 7:34 am By Omar Faridi  |  

Standard Chartered’s (LON: STAN) Transaction Banking division has released a report called “Bankable Insights” for 2026, painting a picture of the sector’s next turning point. The bank argues that the convergence of artificial intelligence and digital assets is set to reshape how companies run their… Read More

April 6, 2026 @ 12:46 am By Omar Faridi  |  

Chainalysis has unveiled blockchain intelligence agents, marking a significant evolution in its analytics platform. Announced at the company’s annual Links conference on March 31, 2026, the new capability leverages over a decade of accumulated data—including billions of screened transactions and more than ten million prior… Read More

April 3, 2026 @ 10:17 pm By Tony Zerucha  |  

The Visa Business-to-AI Report (B2AI), conducted in conjunction with Morning Consult, highlights how AI is already influencing demand. Nearly 40% of Americans have made a purchase they normally would not have considered as a result of using an AI agent or tool. This is an… Read More

April 3, 2026 @ 11:24 am By Omar Faridi  |  

In an era when financial pressures mount, a striking number of Americans are quietly turning to artificial intelligence for guidance. According to fresh research released by bunq, Europe’s neobanking focused Fintech, more than one in three U.S. adults have already consulted AI when facing a… Read More

April 3, 2026 @ 8:11 am By Omar Faridi  |  

Riot Platforms (NASDAQ: RIOT) has offloaded 3,778 Bitcoin during the first three months of 2026, securing an average net sale price of $76,626 per coin and generating roughly $289.5 million in proceeds. The Texas-based mining operation disclosed the transactions as part of its quarterly production… Read More

April 3, 2026 @ 6:11 am By Omar Faridi  |  

In a recent reply released this month, the Bank of England as well as the Prudential Regulation Authority (PRA) have responded to a government request from HM Treasury, the Department for Science, Innovation and Technology, and the Department for Business and Trade. The letter, signed… Read More

April 3, 2026 @ 3:16 am By Omar Faridi  |  

A Visa (NYSE: V) research study sheds new light on the evolving landscape of commerce, showing that artificial intelligence is poised to play a far more active role in everyday transactions. Released on April 2, 2026, the report—titled Visa Defines the Next Era of Commerce:… Read More

April 2, 2026 @ 4:17 pm By Omar Faridi  |  

SmartLayer has announced the end of its operations. The venture, which positioned itself as an autonomous operating platform aimed at orchestrating household finances, resource management, and daily economic interactions through intelligent, self-directed digital assistants, wrapped up activities after roughly three years in the market. Launched… Read More

April 1, 2026 @ 3:16 am By Omar Faridi  |  

Citi (NYSE: C) highlights in a recent update how the insurance sector is undergoing a profound transformation driven by digital innovation, with direct-to-consumer (D2C) strategies at the forefront. The detailed report from Citi underscores that traditional insurers are rapidly adapting to technology-enabled models that bypass… Read More