Tagged: ai

June 26, 2025 @ 6:02 am By Omar Faridi  |  

The World Economic Forum (WEF) has released a series of impactful reports in June 2025, addressing critical global challenges and opportunities in fintech, small and medium-sized enterprise (SME) sustainability, energy transition, and transformative technology convergence. These updates, presented at the 16th Annual Meeting of the… Read More

June 26, 2025 @ 2:46 am By Omar Faridi  |  

AI boosts productivity and profitability for UK businesses. The vast majority of businesses using AI say the technology has “helped them to boost their productivity and profitability,” new research from Lloyds’ Business Barometer. Of the 59% of UK companies currently using AI, “more than three… Read More

June 22, 2025 @ 5:43 pm By Tony Zerucha  |  

From AI energy hypocrisy to predicting future Fed movement and serious risks to Bitcoin from quantum computing, Web3 minds had plenty to share over the past few weeks. Those burning more energy on AI once panned crypto miners “Big tech can’t keep up with the… Read More

June 20, 2025 @ 4:33 pm By Omar Faridi  |  

Accenture (NYSE: ACN) announced changes to its growth model and its leadership, effective September 1, 2025. Accenture has delivered on its strategy “to be its clients’ reinvention partner of choice and to lead in Gen AI through its deeply skilled people and by bringing its… Read More

June 18, 2025 @ 7:14 pm By Omar Faridi  |  

Web3 still relies on centralized infrastructure to run applications and AI models, creating major challenges for users and developers. Chris Jenkins, Operations Lead at Pocket Network, shared insights with CI about how Web3 can improve dapps and AI products, and how open data frameworks will… Read More

June 17, 2025 @ 7:14 am By Tony Zerucha  |  

Quantum technology is in an interesting period. It’s being discussed more often, but outside of some tech circles, it’s not well understood. What is quantum technology, where is it right now, and where is it headed? Is its future dominance of society guaranteed? Anders Indset… Read More

June 16, 2025 @ 12:05 pm By Omar Faridi  |  

Equifax (NYSE: EFX) has secured 35 new patents in the first half of 2025. These new patents, which bring the number of Equifax issued or pending patents to nearly 650 patents spanning 15 countries, “encompass distinctive techniques in artificial intelligence and machine learning, data &… Read More

June 16, 2025 @ 12:04 pm By Omar Faridi  |  

Klarna, the AI-powered payments and commerce network, launched an AI-powered CEO hotline, enabling its 100 million global consumers to provide direct product feedback in a one-to-one conversation with an interactive AI avatar trained on Klarna CEO Sebastian Siemiatkowski’s real voice, insights and experiences. Initially rolling… Read More

June 15, 2025 @ 4:25 pm By Omar Faridi  |  

SmartStream, the financial Transaction Lifecycle Management (TLM) and solutions provider, has announced the expansion of its AI-driven reconciliation and data management platform, SmartStream Air, into the insurance sector. This move aims to help insurers “tackle fragmented data challenges, reduce operational costs, and strengthen compliance through… Read More

June 14, 2025 @ 4:19 pm By Omar Faridi  |  

In today’s digital landscape, identity verification (IDV) platforms are under siege from increasingly sophisticated fraud tactics. One of the most alarming threats is the rise of injection attacks, which exploit vulnerabilities in IDV systems to bypass security measures and perpetrate identity fraud. A recent update… Read More

June 12, 2025 @ 5:19 am By Omar Faridi  |  

Starling Bank customers can now use Artificial Intelligence (AI) to better understand their spending habits. The UK-first feature, called ‘Spending Intelligence’, allows customers to ask questions about their money, such as “How much did I spend on groceries last week?” or ”How much did I… Read More

June 10, 2025 @ 7:49 am By Omar Faridi  |  

In a key move to capitalize on the booming artificial intelligence sector, Liquidity, a private credit firm specializing in AI-driven ventures, has announced the establishment of its new headquarters in London alongside a substantial £1.5 billion investment plan targeting the UK’s technology landscape. This strategic… Read More

June 7, 2025 @ 5:36 pm By Omar Faridi  |  

KPMG has noted that generative AI is becoming an integral part of German companies. KPMG also recently mentioned that “91% of companies now see it as crucial to their business model and future value creation – compared to 55% in the previous year.” This was… Read More

June 7, 2025 @ 5:30 pm By Omar Faridi  |  

To facilitate the development and deployment of generative AI use cases in its businesses and functions, BNP Paribas has designed and deployed an internal LLM as a Service platform. Operated by the Group’s IT teams, this technology, allows each entity to access a selection of… Read More

June 6, 2025 @ 5:56 pm By Omar Faridi  |  

Feedzai, the global firm focused on AI-native financial crime prevention, announced the launch of Feedzai IQ, a new family of solutions that enables network fraud intelligence without compromising customer privacy. Leveraging insights from hundreds of FIs across four continents and “over $8 trillion in annual… Read More

June 6, 2025 @ 5:30 pm By Omar Faridi  |  

In a bid to accelerate the integration of Artificial Intelligence (AI) across the bank, CommBank has completed migrating its data platform to Amazon Web Services (AWS), its cloud provider. The scalable data platform will integrate with other channels across the bank to help “drive faster,… Read More

June 5, 2025 @ 2:24 pm By Omar Faridi  |  

Accenture (NYSE: ACN) announced expanded support for high-potential AI startups with a new engagement initiative, established through Accenture Ventures with support from NVIDIA Inception. This collab is reportedly designed “to accelerate startup growth and innovation by closing a gap early-stage companies face—moving from breakthrough ideas… Read More

June 5, 2025 @ 10:40 am By JD Alois  |  

Venture capital is investing in data centers as part of an infrastructure play targeting the Artificial Intelligence (AI) sector. While private markets ebb and flow with one sector hot today, and cold tomorrow, AI has a pretty huge runway, and private investors are taking advantage… Read More

June 5, 2025 @ 8:53 am By Omar Faridi  |  

AI is making workers more valuable, productive, and able to command higher wage premiums, with job numbers rising even in roles considered most automatable, according to PwC’s 2025 Global AI Jobs Barometer, released today. The report is based on analysis of “close to a billion… Read More

June 5, 2025 @ 8:52 am By Omar Faridi  |  

Accenture (NYSE: ACN) has invested, through Accenture Ventures, in Reserv, an insurance claims processing company that complements deep claims expertise with innovative AI-driven solutions. The investment will also enable the two companies to collaborate on solutions that increase “accuracy and efficiency throughout the claims ecosystem,… Read More