Tagged: ai

August 31, 2026 @ 8:44 am By Tony Zerucha  |  

As Artificial Intelligence both simplifies and changes fraud activity, SotaTek is seeing great success with SotaShield, a platform that helps banks screen merchants, detect emerging risk patterns and reduce manual investigations. CEO Meng Khong Tong said one key is for companies to improve their onboarding… Read More

August 30, 2026 @ 8:43 am By Omar Faridi  |  

Dunamu, the company behind South Korea’s digital-asset platform Upbit, has formed a strategic alliance with Visa (NYSE: V) to build new payment and financial products at the intersection of stablecoins, cross-border transfers, and artificial intelligence. The two firms presented a joint roadmap at Visa’s Global… Read More

August 27, 2026 @ 5:32 pm By Omar Faridi  |  

Multiplier, an artificial intelligence firm focused on tools for investment professionals, has closed a $6 million seed round to advance its specialized platforms for asset management companies. The financing was led by Lux Capital, with additional backing from Y Combinator along with GoAhead Ventures, Rebel… Read More

August 27, 2026 @ 3:14 pm By Omar Faridi  |  

Payouts.com and the Casper Association have joined forces to give autonomous AI systems a practical way to pay for digital goods and services. The collaboration, announced in late August 2026, positions Casper Network as a settlement layer for Payouts.com’s AgentWallet and Digital Employees products. Together… Read More

August 26, 2026 @ 6:45 pm By Omar Faridi  |  

Scalable Capital has taken a pioneering step by opening its investment platform to external artificial intelligence assistants. Clients can now link accounts to tools such as ChatGPT, Claude, and Grok, enabling natural-language analysis of holdings and trade execution. The company positions the move, branded “Agentic… Read More

August 26, 2026 @ 5:47 pm By Omar Faridi  |  

Chris Malone, who served as OpenAI’s head of data centers, has stepped down from the artificial intelligence company after roughly 17 months in the role. The move, first detailed by The Wall Street Journal based on anonymous sources and later confirmed by multiple outlets including… Read More

August 24, 2026 @ 2:41 am By Omar Faridi  |  

Singapore’s DBS Bank (SGX: D05) has expanded the use of specialised agentic artificial intelligence tools to support roughly 1,500 relationship managers and credit risk managers worldwide in handling corporate credit assessments.The initiative, announced in mid-August 2026, follows a successful pilot involving 150 staff members. The… Read More

August 23, 2026 @ 1:08 am By Omar Faridi  |  

South Korea’s financial regulator has taken a major step toward modernizing oversight of digital asset markets by rolling out an artificial intelligence system designed to detect and analyze unfair trading practices in real time. The Financial Supervisory Service (FSS) announced on August 20, 2026, that… Read More

August 21, 2026 @ 2:40 am By Omar Faridi  |  

Experian has enhanced its ChatGPT application to give United Kingdom consumers direct, secure access to their individual credit scores. Announced on 20 August 2026, this update represents the first occasion on which people in the UK can retrieve their authentic, account-linked Experian Credit Score through… Read More

August 21, 2026 @ 1:06 am By Omar Faridi  |  

Starling Bank has unveiled a range of artificial intelligence features designed to help its customers take greater control of their finances. Announced on 20 August 2026, these “smart tools” sit inside the bank’s existing conversational AI helper, known as Starling Assistant, and aim to simplify… Read More

August 21, 2026 @ 12:39 am By Omar Faridi  |  

Global banks including Barclays (NYSE: BCS) and Deutsche Bank (NYSE: DB) are integrating Ant International’s FalconTST AI model to strengthen cash-flow predictions and foreign-exchange liquidity management. In a development underscoring the growing role of specialised artificial intelligence in financial services, several international banks have begun… Read More

August 19, 2026 @ 12:19 pm By Omar Faridi  |  

Razorpay has introduced Vulcan, described as India’s transformer-based artificial intelligence foundation model purpose-built for payments. Developed in collaboration with NVIDIA (NASDAQ:NVDA) and Amazon Web Services, the system aims to enhance the reliability, security, and efficiency of digital transactions across the country’s complex payments landscape. Unlike… Read More

August 18, 2026 @ 10:44 am By Omar Faridi  |  

Chinese manufacturers of humanoid robots have solidified a commanding position in the global market, with shipments in the first half of 2026 underscoring the scale of their lead over American competitors. Industry data indicates that firms based in China accounted for more than 97 percent… Read More

August 17, 2026 @ 8:54 pm By Omar Faridi  |  

HIVE Digital Technologies Ltd. (TSE: HIVE), a company known for its renewable-powered digital infrastructure and Bitcoin mining operations, has announced a significant expansion in its artificial intelligence computing business. Through its wholly owned subsidiary BUZZ High Performance Computing Inc., HIVE has entered into a five-year… Read More

August 17, 2026 @ 7:54 am By Omar Faridi  |  

On August 17, 2026, Alipay hosted its inaugural AI ecosystem conference in Hangzhou, marking a significant step in advancing agent-driven commercial systems across China. The fintech platform, operated by Ant Group, introduced the country’s first comprehensive full-stack agent commercial foundation along with the AHA (Agent… Read More

August 16, 2026 @ 5:46 pm By Omar Faridi  |  

Goldman Sachs (NYSE:GS) is reportedly engaging potential backers to help fund Nvidia’s (NASDAQ:NVDA) initiative aimed at channeling hundreds of billions of dollars into artificial intelligence infrastructure. Sources familiar with the matter indicate the bank is leveraging its established relationship with the chipmaking giant to play… Read More

August 16, 2026 @ 9:52 am By Omar Faridi  |  

Chinese robotics company Unitree is finalizing preparations for its initial public offering (IPO) on the Shanghai STAR Market. The firm has priced shares at 150.80 yuan each, or about $22.37, implying a company valuation of roughly $9 billion. Trading is expected to start between August… Read More

August 15, 2026 @ 7:36 pm By Tony Zerucha  |  

Mainframe computers could endure in the AI era Research from Crisil Coalition Greenwich suggests mainframe computers will retain their place alongside cloud computing and AI. More than 90% of banking technology executives say more than 50% of their core banking applications rely (and will continue… Read More

August 15, 2026 @ 8:41 am By Omar Faridi  |  

SpaceX (NASDAQ:SPCX) has officially completed its acquisition of Cursor, the rapidly growing artificial intelligence coding platform developed by Anysphere. The deal, valued at $60 billion in an all-stock transaction, closed on August 14, 2026, marking a significant step in the rocket company’s broader push into… Read More

August 14, 2026 @ 8:51 pm By Omar Faridi  |  

Quantinuum and Oracle (NYSE: ORCL) have formed a multi-year strategic alliance to integrate quantum computing into Oracle Cloud Infrastructure (OCI). Announced on August 11, 2026, the collaboration centers on deploying Quantinuum’s Helios system—a leading commercial quantum computer—inside a U.S.-based OCI AI data center. This will… Read More