Tagged: ai

November 3, 2025 @ 1:53 am By Omar Faridi  |  

Artificial intelligence funding this year is said to be on track to double 2024’s record total ($108.0B). This, according to an update from CB Insights. Although deals fell in Q3’25, billion-dollar rounds to AI infrastructure providers continued to fuel the ongoing funding surge. However, the… Read More

November 3, 2025 @ 12:54 am By Omar Faridi  |  

Starling Bank is leveraging AI in order to help customers spot the warning signs of so-called purchase scams. The digital tool, Scam Intelligence, allows clients to upload images of various items as well as ads from various marketplaces, and analyses them for potential signs of… Read More

November 2, 2025 @ 11:53 pm By Omar Faridi  |  

Bank of America (NYSE: BAC) has recently announced “record-breaking” adoption of its AI-powered CashPro Chat and transaction search capabilities as corporate clients “increasingly turn to real-time insights” as well as operational efficiency in treasury management. CashPro is described as the banking platform used by companies… Read More

November 2, 2025 @ 4:43 pm By Omar Faridi  |  

A study released recently by Checkout.com, a digital payments company, highlights the consumer buying behavior which is enabling the fast-evolving  digital economy. The research study, reportedly conducted with 4000 consumers across the United Kingdom and United States reveals a number of transformative trends, such as… Read More

November 1, 2025 @ 11:13 am By Omar Faridi  |  

Deloitte has recently announced updates to its agentic AI-infused delivery platform, Ascend. The platform upgrades should enhance how Deloitte executes and orchestrates work and supports its software, solutions and products for clients, with a common engineering foundation. With Deloitte’s investment of more than $1 billion… Read More

October 31, 2025 @ 1:05 am By Tony Zerucha  |  

Tipalti, an AI-powered platform for finance automation, today released The Global Finance Outlook: Are Teams Equipped for Today’s Economy?, revealing a stark reality for finance professionals: the pace and complexity of global business are accelerating faster than most finance teams can manage. Based on a survey… Read More

October 30, 2025 @ 11:03 pm By Omar Faridi  |  

Accenture (NYSE: ACN) is investing in Lyzr, an AI company that has created a full-stack enterprise agent infrastructure platform. As part of this investment, made via Accenture Ventures, Lyzr will work with Accenture to bring agentic AI to banking, insurance and financial services firms. Lyzr’s… Read More

October 30, 2025 @ 8:28 am By Omar Faridi  |  

Billtrust, the enabler of B2B accounts receivable workflow and payment software, announced the results of a Wakefield Research study showing that artificial intelligence is a must-have for accounts receivable teams. As AI becomes embedded in AR workflows, it enables companies to accelerate payments, “unlock liquidity,… Read More

October 29, 2025 @ 7:52 am By Omar Faridi  |  

AI and stablecoins have kept the enterprise Fintech sector on track in Q3 2025, according to an update from PitchBook. The research report noted that Fintech is enabling AI to literally pay for itself. Led by payments firms, enterprise fintech companies raised $6 billion across… Read More

October 28, 2025 @ 2:04 am By Omar Faridi  |  

KPMG noted that the overall sentiment in German boardrooms continues to get worse: around 72 percent of CEOs in the leading European economy still expect growth for their firm in the next 3 years – which is a low compared to 77 percent reported in… Read More

October 27, 2025 @ 8:49 pm By Omar Faridi  |  

JPMorgan Chase (NYSE:JPM) unveiled plans to allocate around $1.5T over the next decade as part of its so-called Security and Resiliency Initiative, including as much as $10B in direct equity investments, in order to support the US’s move towards improved national security. As global competition… Read More

October 27, 2025 @ 6:49 am By Tony Zerucha  |  

FUTR (TSXV: FTRC) and Zonetail (TSXV: ZONE) this week announced a strategic partnership to launch Canada’s first AI-powered rent-reporting program, enabling renters to build credit and earn rewards simply by paying rent. Rent is the largest monthly expense for millions of Canadians, yet it rarely… Read More

October 26, 2025 @ 9:44 pm By Omar Faridi  |  

Banking industry profit margins are potentially facing a significant $170 billion hit from the rise of AI, according a report from McKinsey. And failure to adapt to consumers’ growing usage of artificial intelligence may lead to banks losing billions of dollars in earnings, the report… Read More

October 26, 2025 @ 9:41 pm By Omar Faridi  |  

Tether Data’s AI research division, QVAC, released what it claims is the largest synthetic dataset created for artificial intelligence training under a new initiative called QVAC Genesis. This initial release, Genesis I, a collection of 41 billion text tokens, is meant to help the world… Read More

October 25, 2025 @ 8:22 pm By Omar Faridi  |  

Generative artificial intelligence is now said to be reshaping the financial sector, emerging as a sophisticated tool in transforming how credit risk is being assessed. This, according to a report from OliverWyman which also noted that by moving further beyond traditional linear models, generative AI… Read More

October 25, 2025 @ 3:09 pm By Omar Faridi  |  

The majority or 84% of workers are eager to adopt agentic AI in their current role, however, most or 56% are concerned about their own job security working alongside AI agents, highlighting a seemingly urgent “disconnect.” Employees are prepared and keen to leverage agentic AI,… Read More

October 25, 2025 @ 3:54 am By Omar Faridi  |  

BNY Mellon (NYSE: BK) said that they polled community banks across the US on everything from their investment priorities for the next year (such as AI and RTP) to what they need to best serve various client segments. During the last year, BNY launched its… Read More

October 23, 2025 @ 6:41 pm By Omar Faridi  |  

Accenture (NYSE: ACN) has recently announced an expansion of its collaboration with Amazon Web Services (AWS) to deliver transformative digital services to public sector, defense and national security organizations. Via the Accenture AWS Business Group, the firms will now collaborate to create solutions that use… Read More

October 23, 2025 @ 6:40 pm By Omar Faridi  |  

Every business-related decision is ultimately a spend decision, according to an update from Zip. If we look more closely at spend, then we can get a snapshot of what matters most: the priorities, risks, as well as strategies that could shape the future. Zip’s ‘State… Read More

October 21, 2025 @ 6:51 am By Omar Faridi  |  

Coinbase (NASDAQ:COIN) is asking the US Treasury Department to update the existing anti-money-laundering rules, claiming that ongoing innovation instead of stricter enforcement measures is the answer to dealing with the rise of illicit finance in the nasent web3 and digital assets space. Coinbase Chief Legal… Read More