Tagged: ai

Treasury Managers Now Operating at Interface of Financial Stability and Digital Tech Advancements : Research

KPMG noted recently that treasury managers currently tend to operate at the interface of financial stability, digital tech advancements and strategic corporate management. KPMG pointed out that as a result of this, they typically have to deal with a range of challenges, such as the… Read More

APAC Equities Remain Steady as AI Adoption and Easing Trade Tensions Improve Sentiment : Research

APAC equities stayed fairly resilient throughout this year as the trade uncertainty, ongoing political shifts, and the acceleration of AI continued to impact regional markets. The key driver was a strong AI-led rise in tech and semiconductor stocks, helping cushion wider volatility. As the new… Read More

AI enabled Fraud Is Evolving Steadily : UK Finance

UK Finance noted that when we imagine the future of fraud, it can be quite easy to picture Hollywood-type chaos: sophisticated deepfake heists, so-called AI super-hackers, and trust in digital payments crumbling in spectacular fashion. However, UK Finance pointed out in a blog post that… Read More

Europe Now Seeking Greater AI Sovereignty, Report Claims

A study by Accenture (NYSE: ACN) has revealed that European organizations are placing more emphasis on maintaining control over their data and existing infrastructure which is on track to accelerate the overall demand for sovereign AI. Sovereign AI refers to the ability of a nation… Read More

AI Infrastructure Buildout Not Over, Legal AI Firms Securing New Funding : Research

CB Insights noted in a report that October’s record funding indicates that the AI infrastructure buildout remains far from over, with OpenAI’s $22.5B raise accounting for about half of the month’s total.  However, CB Insights also pointed out that unlike September’s relatively more concentrated focus… Read More

Venture Capital Deal Value in Supply Chain Tech Surges as AI Spurs Investor Confidence, Report Claims

Venture capital deal value in supply chain technology has now climbed by 26.1% as AI spurs investor confidence, according to an update from PitchBook. After several fairly sluggish quarters, venture capital is now said to be flowing back into high-potential supply chain technology. PitchBook further… Read More

Oscilar to Power MoneyGram Risk Infrastructure

MoneyGram, a global payments network for consumers, businesses and communities, has launched a strategic partnership with Oscilar, an AI risk decisioning platform, to power its risk infrastructure. The collaboration advances MoneyGram’s AI-first strategy, delivering real-time risk intelligence across its global network. MoneyGram operates one of the world’s largest… Read More

Freedom Holding to Build $2bn Sovereign AI Hub in Kazakhstan with Nvidia Gear

Nasdaq-listed Freedom Holding Corp said it has signed an agreement with Kazakhstan’s Ministry of Artificial Intelligence and Digital Development to build a $2 billion “Sovereign AI Hub,” positioning the Central Asian nation to host one of the region’s largest dedicated artificial-intelligence facilities. The project will… Read More

EY US Selects CrowdStrike Solution to Enhance Cybersecurity Managed Services

CrowdStrike (NASDAQ: CRWD) and Ernst & Young LLP announced that EY US has selected CrowdStrike Falcon Next-Gen SIEM as the foundational platform enabling its cybersecurity managed services. With Falcon Next-Gen SIEM and EY US managed services experience, enterprises worldwide can accelerate the move futher “beyond legacy security… Read More

UK Professional Services Sector Profits Increase with AI Adoption : Research

AI adoption within UK accountancy and bookkeeping practices is now said to be signficantly enhancing sector profitability, driving a considerable boost to the wider economy and fundamentally transforming hiring across the industry. This is according to a recent research study released by Xero, the small… Read More

IREN Announces $9.7B AI Cloud Contract with Microsoft

IREN Limited (NASDAQ: IREN) announced it has signed a multi-year GPU cloud services contract with Microsoft. IREN will provide Microsoft with access to NVIDIA GB300 GPUs over a 5-year term, with a total contract value of approximately “$9.7 billion, including a 20% prepayment.” IREN has… Read More

UK Treasury Asks Financial Services Skills Commission to Prepare Report on Impact of AI

The UK Treasury has asked the Financial Services Skills Commission (FSSC) to prepare a report on AI focused skills requirements, training as well as ongoing tech advancements in financial services. With AI talent in growing demand and increase in the technology’s overall adoption, the United… Read More

UK Consumers Increasingly Using AI to Manage Finances : Lloyds Banking Group Study

Over 28 million UK adults are now said to be turning to artificial intelligence to help manage their money – making personal finance the country’s number one use of AI. Lloyds Banking Group’s Consumer Digital Index is the UK’s study of digital and financial capability…. Read More

Crypto.com Introduces AI LLM Integrated Model Context Protocol

Crypto.com has recently announced the introduction of its Model Context Protocol (MCP), Crypto Market Data by Crypto.com, in order to offer a high-performance cryptocurrency and financial data service that now integrates directly with AI large language models, such as Anthropic’s Claude as well as OpenAI’s… Read More

AI Funding on Track to Double 2024’s Record Total of $108B, Report Reveals

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

UK’s Starling Bank Introduces AI Tool to Combat Scams

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

Bank of America’s AI-Powered CashPro Chat and Transaction Search Capabilities Increasingly Being Used by Corporations

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

UK Consumers Now More Willing to Let AI Handle Routine Commerce Tasks : Research

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

Deloitte Announces Updates to AI enhanced Delivery Platform, Ascend

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

Tipalti Report Suggests Finance Pros Can’t Keep Up to Pace of Change

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

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