Tagged: ai

May 18, 2025 @ 10:23 pm By Omar Faridi  |  

Openlayer, a unified platform for evaluation and governance of AI systems at the enterprise level, announced a $14.5 million Series A round, led by Race Capital with participation from NXTP, KPN Ventures, Mindset, Y Combinator, Quiet Capital, and Telefonica. The company will leverage the new… Read More

May 18, 2025 @ 1:39 pm By Tony Zerucha  |  

This week, Hedera announced the launch of AI Studio—an open-source, modular toolkit for building intelligent AI applications on its network. As AI enters a new era of autonomy, interoperability, and verifiability, AI Studio gives developers and enterprises a suite of tools to build powerful, trusted applications. The… Read More

May 17, 2025 @ 11:10 am By Omar Faridi  |  

CrediLinq, the AI-powered embedded finance platform that is enabling access to growth capital for underserved digital-first SMEs globally, announced the close of its $8.5 million Series A funding round. The funding round was led by OM/VC and MS&AD Ventures. New investors include Citi North America… Read More

May 16, 2025 @ 5:41 pm By Omar Faridi  |  

UniCredit, the pan-European commercial bank, and Google Cloud  announced the signing of an MoU outlining a 10-year agreement to accelerate UniCredit’s digital transformation. This collaboration will see UniCredit draw on Google Cloud’s best-in-class infrastructure, AI, and data analytics solutions to “streamline its digital architecture and… Read More

May 16, 2025 @ 9:01 am By Omar Faridi  |  

Perplexity announced that it has partnered with PayPal to power agentic commerce across its Perplexity Pro platform. Starting this summer in the U.S., consumers can “check out instantly with PayPal or Venmo when they ask Perplexity to find products, book travel, or buy tickets.” Aravind… Read More

May 15, 2025 @ 2:27 pm By Tony Zerucha  |  

As new impactful technologies emerge, insurance providers grapple with pricing risk properly. Effective solutions are developed by looking at relevant regulations and comparable industries. Providers must also develop a nuanced understanding of the technology. Alternative Intelligence (AI) has insurers considering all of the above, and… Read More

May 14, 2025 @ 10:18 pm By Omar Faridi  |  

Texas Attorney General Ken Paxton has secured a historic $1.375 billion settlement with Google, marking the largest state-level data privacy settlement in U.S. history. The agreement reportedly resolves two lawsuits filed in 2022 that accused Google of unlawfully collecting Texans’ personal data, including location information,… Read More

May 14, 2025 @ 2:19 pm By Omar Faridi  |  

TrueAccord, a Fintech specializing in digital-first debt collection, has been reinforcing its commitment to consumer-friendly practices. Through a strategic acquisition, a key appointment to a regulatory advisory committee, and insightful analysis of Q1 economic trends, TrueAccord is positioning itself as a key player in the… Read More

May 9, 2025 @ 5:51 pm By Omar Faridi  |  

Feedzai, the global firm focused on AI-native financial crime prevention,  released its 2025 AI Trends in Fraud and Financial Crime Prevention report, uncovering how generative AI (GenAI) is used in financial fraud. More than 50% of fraud involves the use of artificial intelligence. Generative AI… Read More

May 8, 2025 @ 5:43 pm By Omar Faridi  |  

Stripe announced new products designed to help businesses harness AI and stablecoins to accelerate their growth. Last year, businesses on Stripe processed “$1.4 trillion in total payment volume—up 38% from 2023 and equivalent to around 1.3% of global GDP.” In aggregate, the revenue that businesses… Read More

May 7, 2025 @ 4:57 pm By Omar Faridi  |  

SIFMA and Arteria AI announced a partnership to provide all US Treasury clearing participants a data-driven documentation platform to streamline and scale the onboarding, legal compliance, and operational systems integration with “respect to the mandated central clearing of US Treasury securities repurchase transactions, as required… Read More

May 6, 2025 @ 7:43 am By Omar Faridi  |  

The artificial intelligence (AI) sector is experiencing an unprecedented boom, as detailed in a recent CB Insights report analyzing Q1’25 trends. The research report noted that AI funding surged to a record $66.6 billion, a 51% increase quarter-over-quarter (QoQ), driven by massive investments in infrastructure… Read More

May 6, 2025 @ 7:36 am By Tony Zerucha  |  

Last week, Visa used its Global Product Drop to highlight how it is using AI to improve the consumer shopping experience. “As new ways to pay emerge, they need to run on a network that is always on – that is safe, secure, scalable and… Read More

May 5, 2025 @ 3:00 pm By Tony Zerucha  |  

Brex’s recently published The CFO Imperative – How Finance Leaders Are Staying Ahead In a Volatile World provides a concise roadmap for finance executives navigating a business environment that has dramatically changed over the past four months. More than 500 finance executives were polled in… Read More

May 3, 2025 @ 10:56 am By Omar Faridi  |  

World Network—formerly Worldcoin—has unveiled several updates that signal a new era for digital identity, finance, and online trust. With its recent U.S. launch, the introduction of the World Card, and a renewed focus on distinguishing humans from bots in an AI-driven world, World Network is… Read More

May 2, 2025 @ 11:07 am By Omar Faridi  |  

Behavox, an AI insights company that transforms structured and unstructured corporate data into insights that safeguard and enhance businesses, announced that BNY (NYSE: BK), a financial services company, has completed the implementation of Behavox Quantum. Tom Wileman, Head of Global Compliance Assurance at BNY said:… Read More

May 2, 2025 @ 7:15 am By Omar Faridi  |  

Deloitte’s latest initiatives underscore the critical role of transparency, digitalization, and artificial intelligence (AI) in navigating increasingly complex economic, regulatory, and technological challenges. Two recent updates from the firm—a 2025 Global Tax Policy Survey and the launch of AI Advantage for CFOs—reveal how organizations are… Read More

April 30, 2025 @ 10:37 am By Omar Faridi  |  

The corporate venture capital (CVC) landscape in Q1 2025 reflects a strategic shift toward selective, high-impact investments, as detailed in CB Insights’ State of CVC Q1’25 Report. With global CVC-backed deal volume dropping to a seven-year low, corporations are prioritizing quality over quantity, channeling larger… Read More

April 30, 2025 @ 8:10 am By Omar Faridi  |  

The Q1 2025 Global M&A Report from PitchBook provides a comprehensive analysis of the mergers and acquisitions (M&A) market, highlighting key trends, challenges, and opportunities shaping the global landscape. Despite ongoing macroeconomic uncertainties, the report from PitchBook reveals a market demonstrating resilience, with strategic dealmaking… Read More

April 29, 2025 @ 11:12 pm By Omar Faridi  |  

A research study on trust in Artificial Intelligence (AI) released has found half (50%) of Australians use AI regularly, but only “36% are willing to trust it, with 78% concerned about negative outcomes.” The Trust, attitudes and use of Artificial Intelligence: A global study 2025… Read More