Tagged: ai

April 27, 2025 @ 9:39 am By Omar Faridi  |  

The global financial landscape is undergoing a transformation, driven by the rise of open banking, open finance, and open data. According to the Cambridge Centre for Alternative Finance (CCAF) at Cambridge Judge Business School, over 95 jurisdictions worldwide have embraced these data-sharing frameworks, signaling a… Read More

April 26, 2025 @ 6:57 am By Omar Faridi  |  

New research reveals that the majority of B2B finance departments are receiving a positive ROI from accounts receivable (AR) software, confirming the transformative potential of AI and automation. The research study, conducted by global research firm Vanson Bourne and commissioned by Billtrust, a B2B order-to-cash… Read More

April 25, 2025 @ 7:51 pm By Omar Faridi  |  

CBInsights’ AI 100 report examines the world’s high-potential private AI companies, highlighting Fintech as one of the key verticals driving innovation. Selected from over 17,000 companies using proprietary Mosaic Scores, investor quality, market traction, and software buyer interviews, the 100 high-potential firms highlight the transformative… Read More

April 25, 2025 @ 1:52 pm By Omar Faridi  |  

The cryptocurrency market, known for its volatility and complexity, is increasingly intersecting with artificial intelligence (AI). A recent CoinGecko survey provides insights on how crypto industry participants view AI’s potential in trading and investing. The research study from CoinGecko polled 2,632 crypto enthusiasts, revealing a… Read More

April 25, 2025 @ 10:07 am By Omar Faridi  |  

Galaxy Digital Holdings Ltd. (TSX: GLXY) announced that CoreWeave Inc. has exercised its first option to access additional critical IT load for CoreWeave‘s artificial intelligence (AI) and high-performance computing (HPC) operations at Galaxy’s Helios data center campus in the panhandle region of West Texas, “pursuant… Read More

April 25, 2025 @ 12:26 am By Tony Zerucha  |  

New research from Bain & Company finds that 70% of companies are failing to effectively integrate their sales plays into their revenue technology tools, such as solutions used for customer relationship management (CRM). That limits their ability to achieve their expected growth gains. For its 2025… Read More

April 24, 2025 @ 5:15 am By Omar Faridi  |  

UK leads venture capital investment in Europe in Q1 2025, according to an update from KPMG. The United Kingdom remain number one in Europe for venture capital (VC) investors despite “a fall in both overall investment and number of deals, according to new figures.” The… Read More

April 21, 2025 @ 9:14 am By Omar Faridi  |  

Digital debt collection Fintech TrueAccord is focused on redefining the industry by harnessing Robotic Process Automation (RPA) bots. This digital technology streamlines operations while also enhancing compliance and elevating the customer experience, positioning TrueAccord as a key player in modern debt recovery. As explained in… Read More

April 19, 2025 @ 4:57 pm By Omar Faridi  |  

This past year, the tech titans—Alphabet, Amazon, Apple, Meta, Microsoft, and Nvidia—collectively raked in nearly $2 trillion in revenue, a 15% increase from the previous year, according to a recent CBInsights report. These tech companies, already towering over the private tech sector with a market… Read More

April 17, 2025 @ 8:28 am By Omar Faridi  |  

Auradine, Inc., a firm focused on breakthrough, energy-efficient solutions for blockchain and AI infrastructure, announced closing of an additional $153 million in connection with its Series C funding round. The oversubscribed round was led by StepStone Group and “included participation from Maverick Silicon, Premji Invest,… Read More

April 16, 2025 @ 12:11 pm By Omar Faridi  |  

Pipe, a fintech company enabling embedded financial solutions for software platforms, today announced its strategic acquisition of Glean.ai, an AI-powered spend management company. With this acquisition, Pipe becomes the first embedded finance company to bring together “embedded capital and spend management for small businesses via… Read More

April 12, 2025 @ 5:51 pm By Michael Wong  |  

Hong Kong Investment Corporation Ltd (HKIC) and fintech platform WeLab announced a strategic partnership to accelerate artificial intelligence (AI)-driven financial services, aiming to promote digital financial inclusion across Asia. The collaboration will enable WeLab to expand its exploration of AI applications, including developing innovative AI… Read More

April 12, 2025 @ 10:50 am By Omar Faridi  |  

Sekoia.io, a European cybersecurity technologies provider and developer of the Sekoia AI-SOC platform, announces it raised 26 million euros from Revaia, with participation from UNEXO and the support of its existing investors Bright Pixel Capital, Omnes Capital and Bpifrance. This Series B funding round brings… Read More

April 11, 2025 @ 11:01 am By Omar Faridi  |  

From AI’s growing dominance to a crypto resurgence, the CBInsights team break down the trends shaping fintech ecosystem. As noted in the CBInsights research report, on its face, fintech funding appeared to have had “a strong quarter in Q1’25, topping $10B for the first quarter… Read More

April 9, 2025 @ 9:33 pm By Omar Faridi  |  

Hawk, the provider of AI-powered anti-money laundering (AML), screening and fraud prevention solutions, announced its $56 million Series C round of funding. Hawk is the chosen partner for more than “80 customers globally, ranging from large banks to mid-market financial institutions and fintechs.” Its technology… Read More

April 7, 2025 @ 11:08 am By Omar Faridi  |  

The financial services sector is witnessing a key shift as artificial intelligence (AI) adoption accelerates, prompting innovative responses from industry professionals. Canapi Ventures, a fintech investment firm, has launched its inaugural Generative AI Council to bridge the gap between AI founders and the complex financial… Read More

April 5, 2025 @ 4:06 pm By Omar Faridi  |  

The global venture capital landscape in Q1 2025 has split sharply into two worlds: artificial intelligence (AI) and everything else. According to PitchBook’s latest First Look datasets, AI continues to dominate VC funding, claiming an unprecedented 57.9% of total capital deployed worldwide. This surge was… Read More

April 4, 2025 @ 3:52 pm By Omar Faridi  |  

Contrary to predictions that fintech innovations like robo advisors and artificial intelligence (AI) would “diminish the role of human financial advisors,” JDPower data indicates otherwise. According to the J.D. Power 2025 Canada Investor Satisfaction Study, younger do-it-yourself (DIY) investors in Canada—once “thought to be leading… Read More

April 4, 2025 @ 11:45 am By Omar Faridi  |  

The venture capital landscape in Q1 2025 has reached a critical point, with funding soaring to its highest level in nearly three years, according to CB Insights’ latest State of Venture Q1’25 Report. This surge, driven predominantly by artificial intelligence (AI), underscores a transformative moment… Read More

April 3, 2025 @ 8:05 am By Omar Faridi  |  

Sweden’s central bank, the Riksbank, is embracing a transformative shift in economic forecasting, as recent findings from its Monetary Policy Department reveal that artificial intelligence (AI)-based models are outperforming traditional time series models in predicting Swedish GDP and inflation. This development marks a significant leap… Read More