Tagged: ai

September 11, 2025 @ 5:37 pm By Omar Faridi  |  

Fintech Dave Inc. (Nasdaq: DAVE), a US based neobank, continues to focus on the fintech sector with its advancements in AI-driven financial services, shareholder initiatives, and steady financial performance. As mentioned in the update from neobanking platform Dave, the company announced the full implementation of… Read More

September 9, 2025 @ 9:36 pm By Tony Zerucha  |  

As the financial and insurance industries race toward an estimated $97 billion in artificial intelligence (AI) spending by 2027, up from $35 billion in 2023, they face some of the highest AI risk exposures of any sector. Cybernews research into S&P 500 companies identified 158… Read More

September 9, 2025 @ 8:35 pm By Tony Zerucha  |  

As struggling consumers increasingly seek guidance on a wide range of financial topics from budgeting to investing, many are turning to artificial intelligence (AI) tools for help. A J.D. Power study also found that with prices on consumer goods increasing at the fastest rate in five… Read More

September 9, 2025 @ 6:03 pm By Omar Faridi  |  

Deloitte announces the launch of its global AI Infrastructure Center of Excellence, dedicated to supporting clients in establishing and operating specialized AI data centers. This initiative comes in response to “client demand for scalable, secure, and efficient AI infrastructure solutions, fueled by the growth of… Read More

September 9, 2025 @ 4:15 pm By Omar Faridi  |  

In an era where AI is reshaping industries, not all small business owners are  shying away from the technology’s rise. Instead, they appear to be leaning in, using it to amplify their limited resources and compete on a bigger stage. Eyal Lifshitz, CEO of Bluevine—the… Read More

September 9, 2025 @ 9:45 am By Omar Faridi  |  

iCapital, the global fintech shaping focused on improving investing, announced an investment in, and partnership with, Tangible Markets, a liquidity solutions provider for private market positions held via wealth management channels. Together, the firms will develop scalable liquidity solutions “for alternative investment funds – helping… Read More

September 8, 2025 @ 7:54 pm By Omar Faridi  |  

BNPL Fintech Klarna has become known globally for its pay later or so-called flexible payments options offered to consumers via digital commerce platforms and other in-store locations as well. This relatively new service lets consumers divide the cost of their purchases into manageable, no-interest payments… Read More

September 7, 2025 @ 3:50 pm By Tony Zerucha  |  

EC-Council, a provider of cybersecurity education and creator of the Certified Ethical Hacker (CEH) credential, has confirmed a $20 million-plus investment in FireCompass, an AI-powered offensive security platform. This move is part of EC-Council’s $100 million Cybersecurity Innovation Commitment, created to accelerate the development of… Read More

September 6, 2025 @ 11:25 am By Omar Faridi  |  

Bank of America (NYSE: BAC) continues to drive product development in financial services, addressing evolving consumer needs through enhanced employee benefits, cutting-edge AI technology, and tailored financial products. Recent announcements highlight the bank’s commitment to enable clients and employees, with significant updates including a doubling… Read More

September 4, 2025 @ 4:50 pm By Omar Faridi  |  

Ernst & Young LLP (EY) announced the establishment of a new Databricks Center of Excellence in Mexico City, Mexico, underscoring its commitment to advanced data analytics and artificial intelligence. This investment expands the firm’s current US-based Databricks Center of Excellence to Mexico for “nearshore global… Read More

September 3, 2025 @ 8:20 am By Omar Faridi  |  

Artificial intelligence has reportedly moved from pilot to performance for UK financial institutions. According to the latest Lloyds’ Financial Institutions Sentiment Survey, the sector is entering a new phase of AI maturity, with firms reporting tangible business benefits and “increased investment in the technology over… Read More

September 1, 2025 @ 8:42 pm By Omar Faridi  |  

Since the launch of ChatGPT in November 2022, the artificial intelligence (AI) sector has witnessed an unprecedented surge in innovation, investment, and valuation growth. According to a recent report by CB Insights, 100 AI startups have achieved unicorn status—private companies valued at $1 billion or… Read More

August 30, 2025 @ 4:10 pm By Omar Faridi  |  

The e-commerce sector continues to evolve, with venture capital activity in Q2 2025 showcasing resilience despite a complex economic environment. According to PitchBook’s Q2 2025 E-Commerce VC Trends report, startups in the e-commerce enablement space raised $3.3 billion in venture capital, marking an 11.4% increase… Read More

August 30, 2025 @ 2:21 am By Omar Faridi  |  

Warden, a platform leveraging artificial intelligence to enhance trading strategies, reported achieving a key milestone: scaling its AI-driven trading interface to support over 650,000 swaps across 14 blockchain networks in three weeks. This expansion was made possible via the Uniswap Labs Trading API, a tool… Read More

August 28, 2025 @ 10:25 pm By Omar Faridi  |  

In a move to strengthen its position as a global enabler of digital transformation and artificial intelligence, Accenture (NYSE: ACN) announced two significant acquisitions: NeuraFlash, a Salesforce and generative AI consulting firm, and SI&C Co., Ltd., a Tokyo-based provider of advanced digital technology and consulting… Read More

August 27, 2025 @ 2:09 am By Omar Faridi  |  

MARA Holdings, Inc. (NASDAQ: MARA), a key player in digital energy and infrastructure, has taken significant steps to strengthen its global presence by expanding operations in Europe. On August 25, 2025, the company announced the appointment of two seasoned industry leaders and the establishment of… Read More

August 24, 2025 @ 5:43 pm By Michael Wong  |  

Definite, a full-stack artificial intelligence-native data platform, said it raised $10 million in seed funding led by venture capital firm Costanoa, with participation from Acrew Capital and strategic angel investors. The funding will be used to accelerate product development and expand go-to-market hiring as the… Read More

August 19, 2025 @ 3:01 am By Omar Faridi  |  

The evolving global business landscape is being reshaped by technological advancements, shifting investment priorities, and new economic policies. Recent reports from Bain & Company provide insights into how organizations and investors are adapting to these changes. From the surge in AI-driven search behaviors to the… Read More

August 18, 2025 @ 11:33 am By Omar Faridi  |  

This past month, the global venture capital landscape witnessed a surge in mega-rounds, with 50 private tech companies securing funding rounds of $100 million or more, marking the highest monthly total since mid-2022. According to CB Insights’ latest Mega-Round Tracker report, this surge was driven… Read More

August 17, 2025 @ 2:11 pm By Omar Faridi  |  

In an evolving digital economy, Citigroup’s report, Citi Institute Executive Report: The Impact of X on the Future of Finance, offers a comprehensive exploration of how the social media platform X is reshaping the financial services industry. Released by the Citi Institute, the report delves… Read More