Tagged: ai

Proptech Baselane Raises $34.4M

Baselane, the banking and financial platform for real estate investors, has raised $34.4 million in new funding, including a recently closed $20 million Series B led by Thomvest Ventures and a previously unannounced $14.4 million Series A led by Matrix Partners. The funding milestone coincides… Read More

AI Emerges as Key Cybersecurity Investment Priority for Firms : PwC

Nearly eight-in-ten organisations say their cyber budget will increase in the coming year, as businesses contend with an array of cyber risks Investment in AI was the main budget priority (36%) over the next 12 months, ahead of cloud security (34%), network security (28%) as… Read More

Acuity Knowledge Partners Buys UK-Based Ascent to Broaden AI, Sector Reach

Acuity Knowledge Partners, a London-based provider of bespoke research, data management, analytics and AI solutions to financial institutions, has acquired Ascent, a UK company whose software supports AI-driven digital transformation. Terms of the deal were not disclosed. Acuity said the transaction will lift its global… Read More

Private AI Agent Solutions and Underlying LLMs Netted Over $10B in Revenue in Past Year, Report Claims

The professional services landscape is undergoing a shift as artificial intelligence algorithms are leveraged to enhance operations. According to a recent CB Insights report, enterprise demand for AI is surging, with intelligent agents transforming workflows across industries. In 2024, private AI agent solutions and their… Read More

Digital Technology Adoption Is Driving Optimism Among Canadian Accounting Firms, Report Claims

In an era where businesses grapple with economic uncertainties, Canadian accounting practices are charting a bold path forward. According to Xero‘s State of the Accounting Industry Report, a shift toward advisory services and accelerated technology adoption has fueled unprecedented optimism. About 80% of practices express… Read More

AI and Machine Learning Viewed as Key Drivers of Market Data Delivery, Research Study Reveals

In an era where financial markets operate around the clock and data volumes have increased accordingly, asset managers are accelerating their pivot to cloud-based solutions for market data delivery. A study released by SIX, the Swiss-based global financial information provider, and Crisil Coalition Greenwich reveals… Read More

Fintech Backbase and Prove to Enhance Onboarding

In an era where digital banking demands both lightning-fast experiences and ironclad protection, financial institutions face a persistent challenge: streamlining customer onboarding without inviting fraud. Backbase, a key player enabling AI-powered banking platforms, announced a partnership with Prove, an identity verification technology firm. This collaboration… Read More

BIS Researchers Leverage AI to Predict Financial Market Disruptions

Researchers at the Bank for International Settlements (BIS) have harnessed the power of artificial intelligence to forecast potential disruptions in financial markets with precision. By employing machine learning techniques, the BIS team has developed a model capable of generating daily predictions of market dysfunction up… Read More

Mastercard Supports Fintech Ecosystem with Initiative for Startups and Global Expansion Tools

In a strategic push to foster Fintech ecosystem advancements and streamline international growth, Mastercard (NYSE: MA) has announced two pivotal initiatives. The first welcomes a cohort of 11 early-stage companies into its Start Path Emerging Fintech program, while the second launches the Global Reach Partner… Read More

Post-Trade Ecosystem Including Custody, Asset Servicing Set for Overhaul, Report Reveals

The post-trade ecosystem—encompassing custody, settlement, and asset servicing—is poised for an overhaul. Citi‘s report aims to chart this ongoing transformation. Prepared by a team of professionals including Ronit Ghose, Global Head of Future of Finance at Citi Institute, and Amit Agarwal, Global Head of Custody… Read More

AI Adoption and its Impact on Global Businesses Analyzed in New Report

In an era where technological advancements are accelerating, Bain & Company’s Technology Report aims to serve as a vital compass for business leaders. Released this month, the  research report dissects the shifts in the tech landscape, positioning artificial intelligence as the force reshaping economies, societies,… Read More

Cybersecurity Firm Kaspersky Announces AI and Digital Transformation focused Updates

In an environment where digital transformation also accelerates vulnerabilities, Kaspersky continues to focus on cybersecurity initiatives. This month, the global firm unveiled significant updates across its product suite, a specialized training program, and alarming research on AI-enhanced threats. These developments underscore Kaspersky’s commitment to proactive… Read More

Arcanis Launches AI-Based VC Assistance Tool

Arcanis has launched as an AI-powered “decision research” solution for growth and late-stage venture capital markets, adding a transparent AI trust layer through meeting standardized criteria for completeness, systematics, transparency, and clarity of output. Venture capital is often characterized by incomplete, fragmented, or incorrect data…. Read More

Nvidia Announces £2B Investment into UK’s AI Sector

In a key move for the United Kingdom’s technology sector, Nvidia Corporation (NASDAQ:NVDA), a global firm focused on leveraging artificial intelligence  and semiconductor technology, has committed £2 billion to bolster the country’s AI ecosystem. This substantial investment, aimed at fostering innovation and development, is set… Read More

SoftBank Vision Fund Slashes 20% of Workforce to Prioritize AI-Driven Investments

Photo courtesy notionscapital on Flickr

SoftBank Vision Fund, the fintech venture capital powerhouse, announced plans to reduce its workforce by approximately 20% as part of a broader initiative to channel resources into artificial intelligence -focused ventures. The decision, which has sent ripples through the investment community, underscores the fund’s push… Read More

Private Ventures Completed Over 1,140 Funding Rounds in Past Month : Research

As the tech ecosystem navigates a landscape shaped by product development key breakthroughs as well as economic shifts, August 2025 marked a period for early-stage investments. According to recent analysis released by CB Insights, more than 1,140 funding rounds were completed by private ventures worldwide… Read More

Venture Capital Now Increasingly Bifurcated by AI with Advancements Surging in Certain Sectors – Analysis

The venture capital ecosystem stands at a pivotal fork in the road, as outlined in PitchBook‘s latest Quantitative Perspectives report. The analysis reveals a market increasingly bifurcated by artificial intelligence (AI), where innovation surges in select areas while broader activity remains subdued. As of August… Read More

Digital Assets Custody Provider Copper Announces Partnerships to Enhance Infrastructure Support

Copper, an institutional digital asset custody provider, has this year announced  strategic partnerships that aim to expand its service offerings and reinforce its position as a infrastructure provider in the blockchain and cryptocurrency space. By announcing (this year) separate partnerships with Solstice Labs, the Midnight… Read More

Mid-Size US Banking Institutions on Front Lines of Rising Financial Crime : Quantexa

In an era where financial crime threatens the stability of local economies, Quantexa, a key player focused on Decision Intelligence solutions, is stepping up with targeted tech advancements and strategic hires. Recent announcements from Quantexa highlight the vulnerabilities of U.S. mid-size and community banks, introduce… Read More

Mastercard to Enhance Payments, Enable Blockchain and AI Adoption with Key Updates

Mastercard (NYSE: MA) is accelerating its push into the future of finance, blending blockchain tech advancements, improved ATM experiences, AI-driven commerce, and smarter decision-making tools. These updates underscore the company’s commitment to fueling the digital economy through trusted, secure, and user-centric technologies. One highlight is… Read More

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