Tagged: ai

November 25, 2023 @ 6:44 pm By Tony Zerucha  |  

This week, BSV Blockchain revealed the findings from its inaugural Blockchain Barometer, a worldwide report that seeks to establish an official record of the public’s perception and level of understanding of blockchain and other emerging technologies like AI and the metaverse. The survey, which included… Read More

November 23, 2023 @ 11:12 am By Omar Faridi  |  

AvidXchange, a provider of accounts payable (AP) automation software and payment solutions for middle market businesses and their suppliers, today announced the recent release of a white paper titled, “2024: Anticipating Tomorrow’s Trends.” The report highlights the findings of a September 2023 survey of 500… Read More

November 22, 2023 @ 4:43 pm By Omar Faridi  |  

Lemonade (NYSE: LMND), the digital insurance company powered by AI and social impact, announced it has named two new members to its Board of Directors, Deb Schwartz and Dr. Samer Haj-Yehia, “effective immediately.” The newly named Directors will “succeed departing Directors Irina Novoselsky and Silvija… Read More

November 22, 2023 @ 10:52 am By Omar Faridi  |  

Cyber and digital technology risks are a key concern for businesses and risk leaders in 2023, even as 60% see GenAI “as an opportunity for their businesses,” according to PwC’s 2023 Global Risk Survey, published recently. More than 3,900 business and risks leaders – “from… Read More

November 21, 2023 @ 10:45 pm By Omar Faridi  |  

ThetaRay, the provider of AI-powered transaction monitoring and sanction screening solutions, is proud to announce a partnership with Knox Wire. A key player focused on cross-border payments, Knox Wire plans “to implement ThetaRay’s anti-money laundering (AML) transaction monitoring and sanction screening across its bank-to-bank communication… Read More

November 21, 2023 @ 9:00 am By Omar Faridi  |  

The World Economic Forum’s AI Governance Summit brought together more than 200 influential leaders from the Forum’s AI Governance Alliance (AIGA) and the broader artificial intelligence community “to exchange insights and collaborate on the establishment of action plans to promote the responsible development and deployment… Read More

November 20, 2023 @ 2:30 pm By Omar Faridi  |  

Socure, the provider of Artificial Intelligence for digital identity verification, fraud prevention, and sanctions screening has launched Sigma Synthetic Fraud v4. The product uses advanced machine learning and diverse, third-party and network feedback data “to uncover patterns linked to insidious synthetic identity fraud.” The Deloitte… Read More

November 20, 2023 @ 2:25 pm By Omar Faridi  |  

Rokt, the ecommerce technology company using machine learning and AI to make transactions more relevant to each shopper, announced its partnership with Afterpay, one of the global leaders in “Buy Now, Pay Later” payment. The partnership enables Afterpay to offer its ecommerce shoppers “highly relevant… Read More

November 17, 2023 @ 6:11 pm By Omar Faridi  |  

Holiday shopping season is a favorite time of year for many, but as consumers everywhere start preparing to open their wallets ahead of Black Friday, “a new type of threat has begun rearing its ugly head: AI-based fraud.” The recent boom in AI capabilities and… Read More

November 17, 2023 @ 5:06 pm By Omar Faridi  |  

ThetaRay, a global enabler of AI-powered financial crime detection solutions, is announcing its partnership with Neema, a payments network for businesses. This collaboration marks a significant milestone in “the fight against financial crime, as it combines ThetaRay’s advanced artificial intelligence technology with Neema’s real-time payments… Read More

November 15, 2023 @ 8:57 pm By Omar Faridi  |  

Klarna, the AI-powered global payments network and shopping assistant, announced the expansion of its growth tools for retailers and creators to help them engage with their audiences in more effective ways and enhance the shopping experience for consumers. With a mission to accelerate commerce, Klarna’s… Read More

November 14, 2023 @ 6:22 am By Omar Faridi  |  

Accenture (NYSE: ACN) will launch a network of generative AI studios in North America where companies can explore ways to optimize and reinvent their business through the responsible use of generative AI applications. Clients interested in pursuing commercial uses of generative AI “will be able… Read More

November 13, 2023 @ 10:04 pm By Omar Faridi  |  

Mendoza Ventures, a Fintech, AI, and Cybersecurity Venture Capital firm, announced that Truist Ventures is investing in its Early Growth Fintech Fund as a limited partner. The fund is targeting $100M and will “invest in early growth-stage startups with a focus on diverse teams.” Mendoza… Read More

November 11, 2023 @ 12:45 pm By Omar Faridi  |  

Cost cutting is said to be behind a significant drop in satisfaction levels in 2023, according to a comprehensive update shared by KMPG. The UK’s biggest brands are turning “to artificial intelligence (AI) to develop better customer and colleague experiences,” according to KPMG’s latest Customer… Read More

November 9, 2023 @ 9:03 am By Omar Faridi  |  

Visa (NYSE: V), a digital payments provider, announced the launch of its AI Advisory Practice. The new value-added service, “offered by Visa Consulting & Analytics (VCA), the payments consulting arm of Visa, focuses on providing actionable insights and recommendations to empower clients to unlock the… Read More

November 8, 2023 @ 5:16 pm By Omar Faridi  |  

Black Ore, an AI platform for financial services, launched today and announced $60 million in financing led by a16z and Oak HC/FT. The company plans to use the funds from the investment round to onboard new customers, “grow its team, and accelerate the development of… Read More

November 7, 2023 @ 9:53 pm By Omar Faridi  |  

NatWest and IBM (NYSE: IBM) announced enhancements to the bank’s virtual assistant, Cora, that will use generative AI to provide customers with access to a wider range of information through conversational interactions. The bank will be among the first in the UK to deploy generative… Read More

November 7, 2023 @ 9:29 pm By Omar Faridi  |  

Ron Green has been named Mastercard Fellow in order “to drive innovation in security; Michael Lashlee will lead Corporate Security” As part of its ongoing commitment to cybersecurity innovation, Mastercard (NYSE: MA) announced Chief Security Officer Ron Green will “become a Mastercard Fellow, a newly… Read More

November 7, 2023 @ 7:20 am By Omar Faridi  |  

Klarna, the AI-powered global payments network and shopping service assistance provider, reported its latest financial results revealing “a net profit in Q3 2023.” Sebastian Siemiatkowski, CEO of Klarna said: “With a profitable quarter and continuous double digit growth, we have achieved exactly what we set… Read More

November 6, 2023 @ 9:29 am By Omar Faridi  |  

Onfido, the global automated identity verification, released the results of a study surveying over 1,500 business leaders, examining perceptions, challenges and usages of artificial intelligence (AI). Respondents were from financial services, gaming, retail, healthcare, transportation, legal and telecom industries, “across the US, UK, and Italy.”… Read More