TERAFAB, the $25 billion chip fabrication joint venture between Tesla, SpaceX, and xAI, launched March 21 in Austin. Here is what was announced, what it costs, and what it changes.
About Artificial Intelligence
Fintech uses artificial intelligence (AI) to improve further the efficiency, reliability, and speed of financial technology-driven solutions.
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Recent Articles Tagged With Artificial Intelligence
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TERAFAB Launched. Here Is What Elon Musk Actually Built. -
The AI Hyena and the Evolution of the Operating Model: How Private Equity Is Redesigning Decision-Making from WithinDiscover how AI is reshaping private equity operating models, embedding data-driven decision-making and redefining governance, agency, and value creation across portfolio companies.
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Nvidia Solved the AI Agent Security Problem at GTC. The Payment Problem Is Still Ours.Nvidia launched NemoClaw at GTC 2026, giving enterprises a security and privacy layer for AI agent deployment. The question FintechWeekly raised in March — how agents pay through traditional financial infrastructure — remains unanswered.
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Tesla Terafab Project: Elon Musk Confirms Launch in Seven DaysTesla's Terafab chip fabrication project launches March 21. Here is what the project is, what it costs, and why it matters for AI infrastructure.
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xAI's Superintelligence Push Just Got a Co-Founder of Mistral AI and a Member of Mira Murati's Founding TeamDevendra Singh Chaplot, robotics researcher, Mistral AI co-founder and Thinking Machines Lab founding member, is joining xAI and SpaceX to work directly with Musk on Grok model training.
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The Two Engineers Who Scaled Cursor to $2 Billion Just Joined the Company Musk Said He Built WrongAndrew Milich and Jason Ginsberg, who co-led product engineering at Cursor, are joining xAI and SpaceX to rebuild Grok's coding capabilities from the ground up.
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AI Agents Cannot Open Bank Accounts. Three Moves Suggest They Will Not Need To.Coinbase and Binance are building crypto payment rails for autonomous AI agents that banks cannot serve. Nvidia is building the enterprise infrastructure to deploy them at scale.
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Changpeng Zhao Says AI Agents Will Dominate Crypto Payments. His Next Post Named the Tool He Is Using to Build Them.Binance founder CZ posted on March 9 that AI agents will make one million times more payments than humans, using crypto. The day after, he named his preferred AI model.
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Brian Armstrong Says AI Agents Cannot Open Bank Accounts. His Own Company Already Decided What Comes Next.On March 9, Coinbase CEO Brian Armstrong argued that AI agents will transact via crypto because banks cannot serve them. Coinbase built the infrastructure in February 2026.
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The Shortcut Economy: Why We’ve Stopped Learning Hard ThingsSergey Ryzhavin explores how AI, automation, and digital shortcuts are changing how people learn complex skills and make financial decisions.
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Why AI Agents Are Becoming the New Financial IntermediariesAlex McDougall explains how AI agents could replace traditional financial intermediaries by shifting decision power, data control, and pricing transparency to consumers.
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Where AI Is Actually Making a Difference in Finance Right NowAI is moving from experimentation to daily use in finance teams, reshaping FP&A, risk management, compliance, and forecasting across financial institutions.
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Claude Overtakes ChatGPT as AI Trust Debate IntensifiesAnthropic’s Claude rises to No. 1 on Apple’s U.S. App Store, surpassing ChatGPT amid scrutiny over AI defense partnerships, data safeguards and public trust.
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Why Your Voice AI Strategy Needs to Prioritize Resolution Over Chit-ChatAndy O’Dower argues fintech voice AI strategies must prioritize issue resolution and trust over conversational realism to close the customer satisfaction gap.
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Block Shares Jump After AI-Driven Layoffs AnnouncementBlock shares surge after CEO Jack Dorsey announces layoffs tied to AI-driven restructuring, signaling fintech efficiency shift toward smaller, automation-led teams.
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Agile by Design: The Infrastructure Behind Successful AI Implementation in InsuranceAspida CTO Jason Pedone argues insurers must modernize infrastructure—not just add AI—to enable modular, compliant, and sustainable technology in insurance.
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Ant Group Expands Open AI Models With Ling-2.5-1T and Ring-2.5-1TAnt Group releases Ling-2.5-1T and Ring-2.5-1T open-source AI models, advancing trillion-parameter reasoning and multimodal systems across its Ling family.
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Why a Living Framework is at the Heart of Propelling Innovation in FintechAs fintech firms embed AI into core operations, governance is becoming as important as innovation. This op-ed examines why living AI frameworks are critical for security, fairness, transparency, and compliance.
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AI Is Only Scratching the Surface of How We WorkAI adoption is rising fast, but its real impact on work goes beyond productivity tools. This analysis explores how digital co-workers could transform collaboration, decision-making, and team execution.
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Musk’s SpaceX–xAI Merger Plan Puts Orbital Data Centers at the Center of the AI Infrastructure RaceA proposed SpaceX and xAI merger could accelerate Elon Musk’s plan to build space-based AI data centers, using solar-powered satellites to reduce energy costs and compete with Google, Meta, OpenAI, and emerging rivals.
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Elon Musk Makes First Davos Appearance, Predicts Robots Will Outnumber Humans and Expands Focus on AI and AutomationElon Musk appeared at the World Economic Forum in Davos for the first time, forecasting a future dominated by robotics and AI, outlining Tesla’s humanoid robot plans, autonomous driving expansion, and commenting on global trade and geopolitics.
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Agentic AI enabled credit evaluation process: A Strategic BlueprintAgentic AI and generative AI are reshaping credit evaluation by improving data enrichment, automation, and governance in lending decision processes.
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Earning Trust in the Age of Generative AIAs generative AI enters financial services, trust becomes the defining factor for adoption. New research shows how banks can earn confidence among low-to-moderate income consumers.
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Open Standards Will Unlock Agentic AI's Next Breakthrough in FintechOpen standards are key to scaling agentic AI in fintech. Interoperability will determine whether AI agents deliver real customer value or remain siloed.
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How Can AI-Driven KYC Reduce Asymmetric Risk for Banks?AI-driven KYC and AML tools help banks reduce asymmetric risk by improving onboarding, fraud detection, real-time monitoring, and regulatory compliance.
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Seven AI Use Cases to Help Asset Managers Boost Efficiency and Productivity in the Face of Market HeadwindsAsset managers face margin pressure, rising costs, and market uncertainty heading into 2026. Stuart Grant outlines seven practical AI use cases across front, middle, and back offices that can improve efficiency, productivity, and decision-making without relying on hype.
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Tether Expands Open AI Training Data With Release of QVAC Genesis II DatasetTether Data releases QVAC Genesis II, expanding the world’s largest open synthetic educational AI dataset to 148 billion tokens across 19 academic domains.
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The AI Compliance Dilemma: Trust Still Belongs to HumansAs banks and fintechs adopt AI, compliance remains cautious. Trust, accountability, and human judgment still define how artificial intelligence is used in financial regulation.
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Trump Administration Launches “Tech Force” Plan to Recruit 1,000 Technologists for Federal AI PushThe Trump administration unveils Tech Force, a federal hiring initiative to recruit 1,000 early-career technologists with salaries up to $200,000 to modernize government systems and expand AI use.
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Is AI Overvalued?Katharine Wooller, Chief Strategist, Financial Services, Softcat plc poses a question which potentially has a myriad of answers!
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U.S.–China Chip Tensions Renew Focus on AI Controls as Washington Clears Conditional Nvidia ExportsThe U.S. is allowing conditional exports of Nvidia’s H200 chips to China with a 25% fee, sparking new political debate as Beijing considers limits of its own. The move lands amid a long-running restructuring of AI export controls.
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OpenAI Releases GPT-5.2 as Focus Shifts Toward Workplace AutomationOpenAI has introduced GPT-5.2, a faster and more reliable model built for complex professional tasks. The release follows an internal directive to pause side projects and concentrate efforts on improving ChatGPT.
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OpenAI Slows Internal Projects After Altman Pushes for Major ChatGPT ImprovementsOpenAI is pausing several internal projects after Sam Altman told staff the company must improve ChatGPT’s speed, reliability, and personalization, following early reporting from The Wall Street Journal.
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AnChain.AI Secures New Backing as Demand for Fraud-Focused AI RisesAnChain.AI completes a new strategic investment round as financial institutions increase demand for AI tools that address fraud, compliance, and digital-asset risks across global markets.
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Inside the Burry–Nvidia Divide: An AI Boom Under PressureAn in-depth editorial on Michael Burry’s clash with Nvidia, exploring his warnings about AI economics, depreciation, vendor financing, and the risks he sees beneath the boom.
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OpenAI Reports Data Exposure After Mixpanel Security IncidentOpenAI has disclosed a security incident involving Mixpanel that exposed limited customer-identifiable analytics data from API accounts. No chats, API keys, or sensitive financial details were affected.
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Why LLMs Alone Won’t Deliver ROI in Financial Services“Financial institutions that rely solely on LLMs remain reactive, but those that integrate agents and a context catalog gain proactivity, efficiency, and insight at scale,” writes Alexander Walsh, Co-Founder and CEO of Oraion
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The Role of AI in Frictionless Debt CollectionAI is reshaping debt collection through predictive modeling, conversational tools, and automated workflows, offering lenders more efficient and respectful recovery when applied responsibly.
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OpenAI’s $38 Billion AWS Deal Redefines the Power Map of Artificial IntelligenceOpenAI’s $38B, seven-year partnership with AWS secures massive compute capacity, reshaping AI infrastructure and cloud competition.
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Ant Group Unveils Trillion-Parameter AI Model Ling-1TAnt Group has launched Ling-1T, a trillion-parameter large language model that reportedly surpasses OpenAI and DeepSeek in coding, software development, and mathematical reasoning, intensifying the global AI race.
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The AI Discoverability Gap: Why Good Loans Risk Being Ignored, and What Banks Can DoBanks risk losing visibility in AI-driven lending if their loan products aren’t machine-readable. Discover how modern infrastructure can close the gap.
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The Role of AI in FinTech Fraud DetectionAI is transforming fintech fraud detection with behavioral biometrics, anomaly tracking, and transparent reporting, boosting trust and security.
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Beyond Benchmarks: Using AI to Optimize 401(k)s for the Future of Financial WellnessAI is transforming 401(k) retirement planning by shifting from static models to adaptive, data-driven strategies that enhance financial wellness and support long-term stability.
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The Judgment Layer: Why AI Isn’t Smart Until Leaders Are SmarterAI in fintech isn’t just about models. Success depends on leaders with the judgment to guide analytics, spot bias, and steer risk responsibly.
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If America “Wins” the AI Race, the World LosesWhy the AI race between nations is a dangerous illusion, and how open, decentralized collaboration can ensure AI benefits the entire world.
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The Practical Case for AI in AlternativesAI is becoming a practical tool in private markets, helping firms streamline operations, reduce risk, and improve decision-making across alternatives.
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How to Manage AI Model Drift in FinTech ApplicationsModel drift poses growing risks for fintech AI. Learn how financial institutions can detect, manage, and mitigate performance degradation.
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Agentic AI - Improving customer engagement in Financial ServicesHow Agentic AI is redefining customer engagement in financial services—unlocking personalization, security, and loyalty at scale.
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AI in Compliance Isn’t a Black Box — It’s a Test of Accountability: Interview with Roman EloshviliAs AI enters financial compliance, success depends on transparency, human oversight, and trust. Roman Eloshvili shares what’s shifting—and what must stay constant.
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Artificial Intelligence: The Emperor’s New Clothes? Uptake in Financial ServicesAI adoption in financial services is rising, but success depends on strategic planning, data readiness, and cultural alignment. Katharine Wooller explores how firms can move from hype to impact.
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EU AI Act Faces Backlash from Startup Leaders Demanding Implementation PauseDozens of Europe's top startups and VCs urge the EU to pause AI Act implementation, warning it risks crushing innovation.
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New Survey Shows Enterprise AI Adoption Gains Ground, but Scaling Remains a Key ChallengeA new report from DataIQ and Blend highlights growing enterprise AI adoption, with rising use cases and strategic interest—yet training, governance, and integration still lag.
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Barclays Taps Copilot for AI-Driven WorkforceBarclays will roll out Microsoft 365 Copilot to 100,000 employees globally, embedding AI into daily workflows to streamline operations.
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Amazon Bets $20B on Pennsylvania Data ExpansionAmazon will invest at least $20 billion in data center infrastructure across Pennsylvania, reinforcing its AI and cloud ambitions.
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Meta Eyes Historic $10B Investment in Scale AIMeta is reportedly in talks to invest over $10 billion in Scale AI, a deal that would mark its largest external AI bet to date.
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Reddit Sues Anthropic for Alleged Misuse of User Data in AI Model TrainingReddit has filed a lawsuit against AI startup Anthropic, accusing it of breaching contract terms and misusing user data to train AI models without permission.
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Governing Machine Learning Models in Business: Why ModelOps Is EssentialAs organizations increase their investment in artificial intelligence (AI), the need to govern machine learning (ML) models effectively has become a strategic priority. Deploying a model into production is only the beginning.
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Klarna Reverses Course on AI Customer Support, Resumes Human HiringKlarna is resuming customer service hiring after CEO admits AI-only support led to lower quality; aims to restore human presence.
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Nvidia-Backed AI21 Labs Raising $300M to Scale Proprietary LLMsIsraeli AI startup AI21 is raising a $300M round to build its own large language models, with support from Nvidia and Google.
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OpenAI Reportedly Agrees to Acquire AI Coding Startup Windsurf for $3 BillionOpenAI has reportedly agreed to acquire AI-powered coding tool Windsurf, formerly Codeium, in a $3 billion deal to strengthen its developer tools.
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OpenAI Signals Interest in Acquiring Chrome if Google Is Forced to DivestAmid antitrust pressure on Google, OpenAI expresses interest in acquiring Chrome, raising questions about the future of browser dominance and AI integration.
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AI, Trust, and the Underserved - Interview with Paula Grieco, SVP at CommonwealthPaula Grieco of Commonwealth on how AI can support underserved communities and why trust, design, and equity must guide the future of financial tools.
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How AI Is Reshaping Commercial Lending - Interview with Tom ByrneTom Byrne of nCino shares how AI is changing commercial lending, from smarter onboarding to rethinking how bankers work.
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Investing.com Launches AI Tool WarrenAI to Support Retail InvestorsInvesting.com launches WarrenAI, an AI-based financial assistant for retail investors, offering real-time analysis and access to market data.
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xAI Buys X: Why It Happened, What It Means, and How It Works - FTW Sunday EditorialExplore Elon Musk’s high-stakes merger between xAI and X (formerly Twitter) in a $33B all-stock deal. Understand the strategy, structure, and implications for the future of AI-driven social platforms.
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A New Era of Financial Inclusion: Harnessing AI to Empower LMI Households - FTW Sunday EditorialDiscover how AI can transform financial access for low and moderate-income (LMI) households. This editorial explores Commonwealth’s research on inclusive AI design, highlighting the challenges and opportunities for AI systems to provide practical financial guidance, build trust, and enhance accessibility for underserved communities.
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Interview with Dennis Kettler: How AI Is Transforming PaymentsDiscover how AI is revolutionizing payments and financial services in 2025. Dennis Kettler from Worldpay shares his insights on integrating AI for payment optimization, fraud detection, and enhancing customer experiences while tackling challenges like data quality, legacy systems, and regulatory compliance.
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The Race Toward Artificial General Intelligence (AGI): Progress, Skepticism, and Real-World FocusAs experts debate the timeline for Artificial General Intelligence (AGI), industry leaders weigh in on whether the focus should be on AGI or practical AI solutions delivering real-world value today.
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Israeli Fintech Firm FINQ Secures SEC RIA License, Eyes U.S. ExpansionFINQ, an Israeli fintech company, has obtained a U.S. SEC Registered Investment Advisor (RIA) license, allowing it to operate across all 50 states.
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China’s Manus AI Redefines Automation with Full AutonomyChinese AI startup Monica.im has introduced Manus, the world’s first fully autonomous AI agent. Unlike traditional AI systems that require step-by-step guidance, Manus can initiate and execute complex tasks independently. This breakthrough in artificial intelligence is set to transform industries reliant on data processing and decision-making.
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Manus AI Partners with Alibaba's Qwen: A New Chapter in Autonomous AI for Global BusinessesManus AI, a Chinese startup, has collaborated with Alibaba's Qwen team to enhance its fully autonomous AI agent, Manus. This partnership aims to integrate Manus' capabilities with Qwen's open-source models, potentially transforming business operations across various sectors.
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FinTech and AI Driving the Next Wave of InnovationBuilt on expert insights, this article explores how AI is transforming FinTech, from wealth management to predictive market analysis. Discover the potential, challenges, and future of AI-driven financial services while balancing efficiency, sustainability, and human expertise.
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OpenAI Launches ChatGPT-4.5: A Breakthrough in AI ConversationOpenAI has introduced ChatGPT-4.5, a powerful new AI model designed to enhance conversational intelligence, improve factual accuracy, and reduce hallucinations. The model is now available for ChatGPT Pro users, with wider access rolling out soon. OpenAI touts it as its most emotionally intelligent AI yet, making it ideal for writing, programming, and problem-solving. However, its high computational demands make it costly to operate.
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OpenAI Shifts Focus Toward SoftBank, Reducing Microsoft Reliance: ReportOpenAI is reportedly increasing its financial ties with SoftBank, reducing its reliance on Microsoft for computing power. The shift comes as SoftBank eyes a significant investment in OpenAI’s ambitious Stargate Project, a major AI infrastructure initiative in the U.S.
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Grok-3’s Self-Correction Mechanisms Set a New Standard for AI Fact-CheckingGrok-3, the AI developed under Elon Musk’s X, has demonstrated impressive fact-checking capabilities, powered by advanced self-correction mechanisms. Despite concerns over its data collection practices, Grok-3’s ability to flag misinformation—even from Musk himself—shows its potential to transform content moderation.
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OpenAI Launches SWE-Lancer: A New AI Benchmark for Real-World Freelance CodingOpenAI introduces SWE-Lancer, an AI benchmark testing models on 1,400 real freelance coding tasks from Upwork, exposing their limitations in software development. Open-source tools provide insights into AI's economic impact.
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[VIDEO] Grok-3 Launch: xAI’s Breakthrough in AI Development and the Challenges AheadxAI has unveiled Grok-3, a major leap in artificial intelligence, positioning it as a direct competitor to OpenAI’s GPT-4o. Powered by the Colossus supercomputer, Grok-3 has set new benchmarks in performance, but concerns about data ethics, misinformation, and privacy remain.
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How RAG Tools Are Revolutionizing Retrieval-Augmented Generation for Smarter AI SystemsRetrieval-Augmented Generation (RAG) is an innovative technology that significantly enhances the capabilities of AI language models by integrating external information retrieval with generative processes.
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Elon Musk’s Grok 3 AI Set to Challenge Chatbot GiantsxAI’s latest chatbot, Grok 3, is launching on February 17, 2025, at 8:00 PM Pacific Time (February 18, 2025, at 5:00 AM UTC+1) with claims of superior reasoning abilities. Backed by powerful computing resources, it aims to surpass OpenAI and Google in the artificial intelligence field.
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EU's InvestAI Initiative: Can €200 Billion Close the AI Gap with the U.S. and China?The European Union is ramping up artificial intelligence investments with a new initiative, InvestAI, to bridge the funding and development gap with the U.S. and China. This move follows concerns over slow innovation and excessive regulations that have hindered Europe's AI sector.
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DeepSeek Shakes AI Industry as China’s Open-Source Model Gains GroundThe rapid rise of China’s DeepSeek AI model is disrupting the artificial intelligence industry, challenging Silicon Valley’s dominance. As open-source technology fuels innovation in China, U.S. firms and policymakers scramble to respond. This shift raises questions about global AI leadership, economic implications, and technological security.
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European Union Pledges €200 Billion to Strengthen AI Industry and Compete GloballyThe European Union has announced a massive €200 billion investment to advance its artificial intelligence sector. The initiative, revealed at the AI Action Summit in Paris, aims to build AI gigafactories and close the gap with the United States and China. With this commitment, Europe positions itself as a major player in AI development and infrastructure.
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Experts Urge Caution in Developing Conscious AI SystemsOver 100 AI experts, including Sir Stephen Fry, have signed an open letter advocating for responsible research into artificial intelligence consciousness. They propose five guiding principles to prevent potential suffering in AI systems if consciousness is achieved.
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Europe Launches OpenEuroLLM to Strengthen AI IndependenceEurope has initiated OpenEuroLLM, a collaborative project aimed at developing open-source large language models. The goal is to enhance the continent’s digital autonomy and competitiveness in artificial intelligence.
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The Rise of DeepSeek and Its Founder Liang WenfengDeepSeek, founded by Liang Wenfeng, is carving its place in artificial intelligence by delivering innovative and cost-effective solutions.
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DeepSeek’s R1 Model Sparks Debate on the Future of AI DevelopmentDeepSeek, a Chinese AI company, has introduced its open-source R1 model, outperforming major players like OpenAI and Meta. The announcement has reignited discussions about whether open-source or proprietary models hold the key to AI’s future.
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Does AI Still Need Human Workers in the Tech Sector?Let's explore the dual impact of AI in the tech industry, assessing its role as both a disruptor and an enhancer of jobs. The article navigates through conflicting data and opinions, highlighting the indispensable need for human skill and ethical oversight in harnessing AI's full potential. It argues for a strategic focus on education and upskilling to balance technological advancement with human values.
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Harnessing AI’s Potential in FX Hedging: Navigating the Future of Currency Risk ManagementThe article discusses the impact of AI on FX hedging, emphasizing how traditional methods lack in addressing the dynamic challenges of currency risk management. It showcases AI's potential to offer tailored, automated strategies that simplify operations and provide strategic advantages in global trade. This approach not only mitigates risks but also enhances competitiveness by allowing for precise, real-time adjustments to market changes.
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AI the Silent Sentinel in Fintech FraudsIf we investigate the major disruptions in today’s world of finance, we find that Fintech is an innovation that has completely changed the modus operandi of banking.
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Why Math Is Important in Today’s TechnologiesHow mathematics is used in tech? From fintech to artificial intelligence and data analysis, discover how math creates the technology we rely on today. Explore its role in innovation!
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Driving Efficiency in Capital Markets by Leveraging Generative AI to Overcome Securities Settlement FailuresLet's begin by examining the concept of failure in the securities settlement process. According to the textbook definition, it refers to the instances where the transfer of securities or other financial instruments between accounts is unsuccessful within the designated settlement period, resulting from various factors.
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Three Ways Democratizing Data Can Improve Bill Payment for Businesses and Their CustomersYou may have caught the news in November that the world has a new prefix to measure data.
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AI Ethics: Why It’s Important, Now, To Work On Ethical AIAI ethics is a pivotal topic to assess the future possible developments of artificial intelligence. A responsible use of artificial intelligence is the key to safety.
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AI In Europe: What The AI Act Might MeanAI regulation might prevent the European Union from competing with the US and China.
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Banking Reinvented: How Advanced Generative AI Models Are Shaping the IndustryAdvanced generation AI models are shaping the future of the banking industry, offering transformative potential and creating new challenges. In this comprehensive article, we explore the evolution of generative AI models, their impact on the banking sector, and how to address the ethical and compliance concerns they raise.
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ComplyAdvantage hires new Chief Data OfficerComplyAdvantage has appointed Jim Anning as its Chief Data Officer, demonstrating the company's emphasis on data innovation and insights. Anning's appointment reflects ComplyAdvantage's commitment to anti-money laundering and countering financial terrorism services. Anning's extensive experience is expected to further advance the financial crime risk detection technology that underpins the company's service. ComplyAdvantage is the financial industry's leading source of AI-driven financial crime risk data and fraud detection technology.
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Boost Biz Finance: Aion Financial TechnologiesInterview with Head of Engineering of Aion Financial Technologies about building SME finance platforms with the help of AI.
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Recent Links tagged with Artificial Intelligence
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The Original Inventor Of “Metaverse” On Technology, Life, And Books: Interview With Neal StephensonThe famous designer, technology consultant and writer Neal Stephenson is the man who coined the term “Metaverse”. What today is the main character ...
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Why Small Businesses Need Real-Time FinanceJulie VerHage-Greenberg interviews Jeff Seibert, co-founder of Digits - a fintech platform that provides real-time accounting for small businesses....
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Fintech predictions for the year aheadIf we have to see the upside, the pandemic forced firms to focus more on people needs, and to find easy and useful solutions to overcome the many i...
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Zippin Targets 100 Checkout-Free Airport Stores To Rival AmazonAmong the innovative solutions found by fintech firms there is the frictionless checkout technology, which allows customers to just walk out of a s...
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Future Fintech Group’s Subsidiary Launches Crypto Market Data PlatformFTFT Capital Investments LLC - a subsidiary of the Future Fintech Group Inc. - launches a new crypto markets price aggregator - ftftx.com: the plat...
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Meet Tongyi Qianwen, Alibaba’s chatbot rival to ChatGPTChatGPT has a Chinese rival. Tongyi Qianwen is the AI model created by Alibaba. The name of the chatbot can be translated as “seeking the truth fro...
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AI and FintechThe Chief Product Officer (CPO) at Magnifi, Tom Van Horn, joins Paul Sweeney and Matt Miller, hosts of Bloomberg's show, to discuss the future of f...
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Goldman Sachs Predicts 300 Million Jobs Will Be Lost Or Degraded By Artificial IntelligenceAI continues to gather investments, despite the crisis that hit also the startup ecosystem. Despite the success of this sector, many concerns arise...
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Generative AI Too Disruptive for Its Own Good: DeepAI FounderKevin Baragona, the founder of DeepAI, signed the petition to pause the development of AI. he discussed his choice and the impact of artificial int...
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AI and Robotics ETFs are hotter for traders than crypto in 2023Investments in AI could even increase in the near future: professional investors want to add AI and robotics to their portfolios in 2023. This type...
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Generative AI in Fintech Market Size to Exceed US$ 6.2 Bn by 2032: Report by Market.usAnother report, published by Market.us, confirms the success of artificial intelligence: according to the report, AI in the fintech sector alone sh...
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Nobel laureate Paul Krugman dampens expectations over A.I. like ChatGPT: ‘History suggests large economic effects will take longer than many people seem to expect’Despite the success of artificial intelligence, the popular economist and Nobel laureate Paul Krugman said that the impact of AI won’t be so disrup...
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Why Elon Musk and Steve Wozniak have said AI can ‘pose profound risks to society and humanity’Researchers and CEOs recently published an open letter on the Future of Life Institute website. They ask for a pause in AI development, since artif...
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Leaders like Elon Musk want to pause AI development, but the power of the free market means it's impossible to stopDespite the open letter, it might be that the market doesn’t want the development of artificial intelligence to stop. The controversy is not only b...
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Banking Reinvented: How Advanced Generative AI Models Are Shaping the IndustryAayush Mittal analyzes the effect of artificial intelligence on banking for FinTech Weekly. Generative AI is actually re-shaping the whole industry...
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Bloomberg reveals AI for financial data, community respondsIn the meantime, Bloomberg announced the use of artificial intelligence for financial data. The BloombergGPT would be trained with the impressive a...
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The Evolution of Fintech: A Comprehensive Outlook on AI's Role in the FutureFinTech Weekly analyzes the future of AI in fintech. This comprehensive outlook highlights the advantages of the use of artificial intelligence in ...
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The Evolution of Fintech: A Comprehensive Outlook on AI's Role in the FutureCurrently, AI is playing a pivotal role in innovation. In this article, FinTech Weekly analyzes the role of AI, how it’s already impacting our econ...
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Banking Reinvented: How Advanced Generative AI Models Are Shaping the IndustryBanking is for sure one of the main sectors that can benefit from artificial intelligence. AI is already reshaping this industry by improving autom...
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Fake AI-generated image of explosion near Pentagon spreads on social mediaAn AI-generated image of an explosion of a building next to the Pentagon became viral – but people (and some verified accounts) thought that the im...
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Dan Ives says China is losing the A.I. race as Wedbush sees ‘discernibly more clients in Asia’ rotating toward Silicon ValleyArtificial intelligence seems to play a pivotal role also in the disputes between the United States and China. According to the investment firm Wed...
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Goldman Sachs Predicts 300 Million Jobs Will Be Lost Or Degraded By Artificial IntelligenceAI continues to gather investments, despite the crisis that hit also the startup ecosystem. Despite the success of this sector, many concerns arise...
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Generative AI Too Disruptive for Its Own Good: DeepAI FounderKevin Baragona, the founder of DeepAI, signed the petition to pause the development of AI. he discussed his choice and the impact of artificial int...
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AI and Robotics ETFs are hotter for traders than crypto in 2023Investments in AI could even increase in the near future: professional investors want to add AI and robotics to their portfolios in 2023. This type...
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Generative AI in Fintech Market Size to Exceed US$ 6.2 Bn by 2032: Report by Market.usAnother report, published by Market.us, confirms the success of artificial intelligence: according to the report, AI in the fintech sector alone sh...
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Nobel laureate Paul Krugman dampens expectations over A.I. like ChatGPT: ‘History suggests large economic effects will take longer than many people seem to expect’Despite the success of artificial intelligence, the popular economist and Nobel laureate Paul Krugman said that the impact of AI won’t be so disrup...
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Why Elon Musk and Steve Wozniak have said AI can ‘pose profound risks to society and humanity’Researchers and CEOs recently published an open letter on the Future of Life Institute website. They ask for a pause in AI development, since artif...
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Leaders like Elon Musk want to pause AI development, but the power of the free market means it's impossible to stopDespite the open letter, it might be that the market doesn’t want the development of artificial intelligence to stop. The controversy is not only b...
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Banking Reinvented: How Advanced Generative AI Models Are Shaping the IndustryAayush Mittal analyzes the effect of artificial intelligence on banking for FinTech Weekly. Generative AI is actually re-shaping the whole industry...
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Bloomberg reveals AI for financial data, community respondsIn the meantime, Bloomberg announced the use of artificial intelligence for financial data. The BloombergGPT would be trained with the impressive a...
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The Evolution of Fintech: A Comprehensive Outlook on AI's Role in the FutureFinTech Weekly analyzes the future of AI in fintech. This comprehensive outlook highlights the advantages of the use of artificial intelligence in ...
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EU’s new AI law could decimate generative AI on the continent, warn foundersIn the meantime in Europe, investors and business owners are concerned about the new proposed law to regulate generative AI. The AI Act is only a d...
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OpenAI CEO Sam Altman addresses letter from Musk and other tech leaders calling for A.I. pauseAs we discussed in our previous newsletters, top CEOs, researchers, and tech leaders recently signed an open letter where they ask to pause AI deve...
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Regulation is a 'necessary framework' for A.I.: ProfessorDouglas Rushkoff, professor of Media Theory at the City University of New York (CUNY), addresses the generative AI topic and AI ethics by affirming...
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Ethereum Founder Vitalik Buterin Sees Potential In ChatGPT And AIAlso the co-founder of Ethereum, Vitalik Buterin, showed his appreciation for ChatGPT, after asking the AI chatbot to prepare a script to compute t...
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Web3-Focused AI Platform Mindverse Readies Global Beta LaunchAI NFTs might be the next frontier in business. The Singapore-based generative AI firm Mindverse is launching a product, in its Beta version, that ...
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How OpenAI’s ChatGPT is Revolutionizing FinTech Industry?OpenAI and ChatGPT are also revolutionizing the fintech space. Fintech companies can use the AI chatbot especially to improve consumers’ experience...
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Japan's top banks tap AI chatbots to lighten workloadThe same is happening in the banking industry. Asia is for sure benefiting from the different benefits provided by generative AI: in Japan, three h...
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Goldman Sachs CIO suggests bank could train its own ‘ChatGS’ A.I. chatbotAlso Goldman Sachs could start using this technology, but the top bank is maybe going to train its own AI chatbot: this was suggested by Goldman Sa...
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Kredete Launches AI-Powered Lending Platform to Deepen Credit Access for NigeriansThe African fintech Kredete launched its AI-based lending platform on April 16th, during an event held in Victoria Island. The new platform will al...
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Banking Reinvented: How Advanced Generative AI Models Are Shaping the IndustryTo get back to our discussion on how financial groups and banks are benefiting from generative AI, FinTech Weekly describes how this revolution is ...
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Google said to be building all-new search engine powered by AIThe tech giant Google is planning to add AI – Artificial Intelligence – to its business model. As reported by the New York Times, the company is wo...
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OpenAI will give roughly 10 AI startups $1M each and early access to its systemsOpenAI, the nonprofit organization founded by Sam Altman and Elon Musk then became a for-profit company, launched a new program – called Converge –...
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What could go wrong with Elon Musk's AI? Well, everyone could dieWhile tech giants increasingly invest in AI, there are also increasing concerns about how far it can go. One of the last interviews to Elon Musk do...
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Dreams of replacing humans in finance may come trueAI in finance: can artificial intelligence replace people in Wall Street? According to two studies, it looks like it is possible that ChatGPT – or ...
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What’s Likely to Brew in Fintech Market in 2023?Artificial intelligence, along with blockchain, was included in our list of the fintech trends for 2023. Discover how different technologies have a...
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AI tool created by JPMorgan analyzes Fed speeches to signal tradesJP Morgan, one of the top US investment banks, continues to embrace tech innovations. The bank reported the creation of a new AI tool that uses Cha...
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AI Ethics: Why It’s Important, Now, To Work On Ethical AIIn this article, FinTech Weekly analyzes the current status of AI ethics – and why it’s so important to develop ethical artificial intelligence rig...
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Fake AI-generated image of explosion near Pentagon spreads on social mediaAn AI-generated image of an explosion of a building next to the Pentagon became viral – but people (and some verified accounts) thought that the im...
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Dan Ives says China is losing the A.I. race as Wedbush sees ‘discernibly more clients in Asia’ rotating toward Silicon ValleyArtificial intelligence seems to play a pivotal role also in the disputes between the United States and China. According to the investment firm Wed...
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U.S. Sanctions Drive Chinese Firms to Advance AI Without Latest ChipsThe sanctions imposed by the United States to protect their chips, whose technology is one the major advantages of the country under a geopolitical...
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Buffett and Munger on A.I. revolution: Old-fashion intelligence works pretty wellDuring Berkshire Hathaway’s annual meeting, Warren Buffett and Charlie Munger shared their skepticism about AI, following a question related to the...
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Real estate agents say they can’t imagine working without ChatGPT nowChatGPT has been making headlines since it was created in November 2022. The artificial intelligence model is able to write creatively, answer ques...
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How AI is changing the world of financeThe financial sector is one of the many sectors that use artificial intelligence (AI) to maximize profits and improve services: fraud detection, ac...
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AI Ethics: Why It’s Important, Now, To Work On Ethical AIPeople and businesses are increasingly interested in DLT and AI. So, why over 1,000 tech professionals asked to pause AI development? In this artic...
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A future without fraud: The latest advances in fintech that keep your money safeAccording to Aite-Novarica Group, in 2020 at least 47% of Americans experienced some form of identity theft, and according to CNBC $5.8 was lost in...
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More Fintech Consolidation Is Expected As Tech Brands GatherIt is expected a new wave of consolidation in the UK fintech industry: financing rounds show that investors are willing to invest more in fintech, ...
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Exclusive: Bill Gates On Advising OpenAI, Microsoft And Why AI Is ‘The Hottest Topic Of 2023’During an exclusive interview with Alex Konrad, the co-founder of Microsoft, Bill Gates, talks about his interest in AI (artificial intelligence), ...
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News: JP Morgan bans ChatGPT, while female founders are on the riseBenjamin Henson, host of the Fintech Insider podcast, invited Lena Hackeloer, Mary Agbesanwa and Ruth Foxe Blader to his recent podcast episode to ...
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What’s Next in Generative AI?In a recent interview, Satya Mallick, CEO at OpenCV, said he believes that the development of generative AI is a significant innovation. This innov...
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Tesla Day: 'Optimus' AI robots may outnumber humans in future, claims Elon MuskTesla CEO, Elon Musk, announced the company's latest development in AI powered robots. Musk said that Optimus – the company’s robot – may outnumber...
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Vic.ai debuts AI-powered tool to optimize costs for enterprisesVic.ai, the fintech startup focused on providing enterprises with automate accounting and financial processes, launched a new tool for further cost...
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Binance Launches Bicasso To Turn Users Creativity Into NFTsBinance, the largest cryptocurrency exchange, launched a new product on Wednesday called Bicasso. This new product will use AI to turn users’ creat...
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Why AI Matters to Fintech CompaniesAI is being used by companies across several industries and for countless reasons. Also fintech companies can benefit from artificial intelligence:...
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News: JP Morgan bans ChatGPT, while female founders are on the riseBenjamin Henson, host of the Fintech Insider podcast, invited Lena Hackeloer, Mary Agbesanwa and Ruth Foxe Blader to his recent podcast episode to ...
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What’s Next in Generative AI?In a recent interview, Satya Mallick, CEO at OpenCV, said he believes that the development of generative AI is a significant innovation. This innov...
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Tesla Day: 'Optimus' AI robots may outnumber humans in future, claims Elon MuskTesla CEO, Elon Musk, announced the company's latest development in AI powered robots. Musk said that Optimus – the company’s robot – may outnumber...
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Binance Launches Bicasso To Turn Users Creativity Into NFTsBinance, the largest cryptocurrency exchange, launched a new product on Wednesday called Bicasso. This new product will use AI to turn users’ creat...
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Why AI Matters to Fintech CompaniesAI is being used by companies across several industries and for countless reasons. Also fintech companies can benefit from artificial intelligence:...
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News: JP Morgan bans ChatGPT, while female founders are on the riseBenjamin Henson, host of the Fintech Insider podcast, invited Lena Hackeloer, Mary Agbesanwa and Ruth Foxe Blader to his recent podcast episode to ...
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What’s Next in Generative AI?In a recent interview, Satya Mallick, CEO at OpenCV, said he believes that the development of generative AI is a significant innovation. This innov...
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Tesla Day: 'Optimus' AI robots may outnumber humans in future, claims Elon MuskTesla CEO, Elon Musk, announced the company's latest development in AI powered robots. Musk said that Optimus – the company’s robot – may outnumber...
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Binance Launches Bicasso To Turn Users Creativity Into NFTsBinance, the largest cryptocurrency exchange, launched a new product on Wednesday called Bicasso. This new product will use AI to turn users’ creat...
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Why AI Matters to Fintech CompaniesAI is being used by companies across several industries and for countless reasons. Also fintech companies can benefit from artificial intelligence:...
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U.S. Sanctions Drive Chinese Firms to Advance AI Without Latest ChipsThe sanctions imposed by the United States to protect their chips, whose technology is one the major advantages of the country under a geopolitical...
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Buffett and Munger on A.I. revolution: Old-fashion intelligence works pretty wellDuring Berkshire Hathaway’s annual meeting, Warren Buffett and Charlie Munger shared their skepticism about AI, following a question related to the...
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AI Ethics: Why It’s Important, Now, To Work On Ethical AIPeople and businesses are increasingly interested in DLT and AI. So, why over 1,000 tech professionals asked to pause AI development? In this artic...
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Fake AI-generated image of explosion near Pentagon spreads on social mediaAn AI-generated image of an explosion of a building next to the Pentagon became viral – but people (and some verified accounts) thought that the im...
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Dan Ives says China is losing the A.I. race as Wedbush sees ‘discernibly more clients in Asia’ rotating toward Silicon ValleyArtificial intelligence seems to play a pivotal role also in the disputes between the United States and China. According to the investment firm Wed...
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AI Ethics: Why It’s Important, Now, To Work On Ethical AIIn this article, FinTech Weekly analyzes the current status of AI ethics – and why it’s so important to develop ethical artificial intelligence rig...
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A.I. poses human extinction risk on par with nuclear war, Sam Altman and other tech leaders warnAnother letter from tech personalities. Among the tech experts that signed this new statement, Sam Altman, CEO of OpenAI (the company that created ...
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Fintech startup Stripe integrating OpenAI's new GPT-4 AIBut fintech, as we often said, is resilient, and fintech companies continue to look for innovative solutions despite regulatory and financial issue...
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Will SVB’s Collapse Burst San Francisco’s AI Hype Bubble?San Francisco is for sure one of the US cities that most rely on tech. And investment in artificial intelligence and generative tech are an importa...
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The Future Of AI In BankingQuestions arise also when it comes to the future of artificial intelligence – AI – in banking. As Alex Kreger points out, ChatGPT is the “fastest-g...
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AI to ‘fundamentally reshape’ fintech companies in AfricaArtificial intelligence can have a huge impact also in emerging markets. As Nigel Green, CEO of deVere Group, highlighted, AI has the capability to...
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Fintech startup Stripe integrating OpenAI's new GPT-4 AIBut fintech, as we often said, is resilient, and fintech companies continue to look for innovative solutions despite regulatory and financial issue...
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Will SVB’s Collapse Burst San Francisco’s AI Hype Bubble?San Francisco is for sure one of the US cities that most rely on tech. And investment in artificial intelligence and generative tech are an importa...
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The Future Of AI In BankingQuestions arise also when it comes to the future of artificial intelligence – AI – in banking. As Alex Kreger points out, ChatGPT is the “fastest-g...
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AI to ‘fundamentally reshape’ fintech companies in AfricaArtificial intelligence can have a huge impact also in emerging markets. As Nigel Green, CEO of deVere Group, highlighted, AI has the capability to...
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Fake AI-generated image of explosion near Pentagon spreads on social mediaAn AI-generated image of an explosion of a building next to the Pentagon became viral – but people (and some verified accounts) thought that the im...
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Dan Ives says China is losing the A.I. race as Wedbush sees ‘discernibly more clients in Asia’ rotating toward Silicon ValleyArtificial intelligence seems to play a pivotal role also in the disputes between the United States and China. According to the investment firm Wed...
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AI Ethics: Why It’s Important, Now, To Work On Ethical AIIn this article, FinTech Weekly analyzes the current status of AI ethics – and why it’s so important to develop ethical artificial intelligence rig...
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AI Ethics: Why It’s Important, Now, To Work On Ethical AIIn this article, FinTech Weekly analyzes the current status of AI ethics – and why it’s so important to develop ethical artificial intelligence rig...
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Fake AI-generated image of explosion near Pentagon spreads on social mediaAn AI-generated image of an explosion of a building next to the Pentagon became viral – but people (and some verified accounts) thought that the im...
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Dan Ives says China is losing the A.I. race as Wedbush sees ‘discernibly more clients in Asia’ rotating toward Silicon ValleyArtificial intelligence seems to play a pivotal role also in the disputes between the United States and China. According to the investment firm Wed...
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Robots Aren’t Replacing Employees, They’re Enhancing ThemMike Whitmire, CEO of the fintech company FloQast, analyzes the impact of artificial intelligence and automation on the job market. Inspired by the...
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4 Key Opportunities to Leverage in Fintech and BeyondFintech is not just a trend: it created a model that is sufficiently agile to recover after crises and offer solutions that can cope with an increa...
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BingChatGPT ‘pump and dump’ tokens emerging by the dozen: PeckShieldPeckShield, the blockchain security firm, has raised an alarm related to ChatGPT. The firm found out that there are several crypto tokens linked to...
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AI will help realize the true vision the Metaverse hopes to achieveBen Goertzel, founder of the SingularityNET Foundation, shares his thoughts about the Metaverse. Despite the digital reality is one of the most dis...
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Analyzing Braina - An intelligent personal assistantCooperation doesn't involve only people, but also artificial intelligence. Braina is among the top essential software: Braina, a mix of “brain” and...
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The Role Of Advanced AI In Digital Lending BusinessA pivotal element in digital lending is actually data analysis. To implement this kind of analysis, AI modeling and machine learning play major rol...
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The European Approach to Regulating Artificial Intelligence with MEP Dragos Tudorache, Co-Rapporteur of the EU AI ActThe European Union will finalize its EU Artificial Intelligence Act – EU AI Act – to regulate artificial intelligence. The act could have several i...
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A.I. and machine learning are about to have a breakout moment in financeAI in finance. The use of artificial intelligence in the financial sector raised questions about the future of work and the fintech industry. Despi...
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AI Ethics: Why It’s Important, Now, To Work On Ethical AIIn this article, FinTech Weekly analyzes the current status of AI ethics – and why it’s so important to develop ethical artificial intelligence rig...
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Why It's 'Bad News' For Government To Regulate Artificial Intelligence | What's AheadSteve Forbes discusses the main reasons why it’s not a good idea for the US government to regulate Artificial Intelligence – AI, especially in this...
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JPMorgan Chase enters generative AI race with IndexGPT trademarkIndexGPT, the ChatGPT rival created by JPMorgan Chase, was registered with the US Patent and Trademark Office (USPTO) on May 11. In April, the CEO ...
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AI should be regulated like medicine and nuclear power: UK ministerUK Labour Party’s Lucy Powell said that artificial intelligence (AI) should be regulated as pharmaceutical and nuclear industries. Concerns relate...
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If the dot-com boom is AI's analogue, the boom is just beginningAn interesting analogy between the dot-com boom and artificial intelligence (AI). If the two markets are really similar, it means that AI is just b...
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Big banks are talking up generative A.I. — but the risks mean they’re not diving in headfirstAt the Amsterdam Money 20/20, many were the definitions of generative AI given by bankers. They were positive thoughts and opinions, and even if mo...
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LinkedIn is the next social network to offer AI-powered tools for ad copiesAfter Meta, LinkedIn announces new AI-based tools to create different ad copies that would help users with their ad campaigns.
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Why Investors Should Embrace AI, According To Citi Private Bank's Global HeadSpecial edition of Forbes Talks: the Global Head at Citi Private Bank, Ida Liu, discusses why investors should embrace artificial intelligence.
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This Franco-Dutch fintech bags €3M to expand AI-driven cash flow management platform reducing burden on SMEsThe fintech platform Trezy, focused on helping SMEs with their financial management thanks to generative AI, has secured €3 million in a seed fundi...
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DIFC's AI and Web3.0 hub aims to attract 500 startups, create more than 3,000 jobsThe DIFC – Dubai International Financial Centre – wants to increase investments in AI and Web3, and it will do that with the “Dubai AI & Web 3....
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Google says its next AI ‘Gemini’ will be more powerful than ChatGPTOpenAI might have a new powerful competitor. Demis Hassabis, CEO of DeepMind – the AI subsidiary of Google – said that the upcoming Google’s AI Gem...
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Banks are in an AI talent war and Revolut launches the 'Ultra' account | Fintech Insider News | 753A new episode of FI podcast to discuss recent fintech news with Jonas Lornell (Majority) and Nadia Edwards-Dashti (Harrington Starr). Among the mos...
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Ramp Acquires AI-Powered Customer Support Platform Cohere.ioThe fintech Ramp, focused on providing automation tools to businesses to help them save time and money, announced the acquisition of the AI custome...
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Crypto.com to set up global R&D hub in Singapore to focus on blockchain, Web3 and AIThe popular Singapore-based Crypto.com is setting up its global innovation hub in Singapore. This will help the company to focus on innovations con...
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Google updates its privacy policy to allow data scraping for AI trainingBreaking: Google updated its privacy policy to allow data scraping for AI use cases. Good or bad news? OpenAI was already charged in California for...
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AI threat to Scottish finance jobs 'yet to fully materialise'The bad side of artificial intelligence. A financial service recruitment firm warns that the job market will be significantly impacted, but firms m...
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Businesses Aim to Harness Generative AI to Shake Up Accounting, FinanceThe good side of artificial intelligence. One of the most fascinating characteristics of AI is that it can help with repetitive tasks, and it seems...
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Google updates its privacy policy to allow data scraping for AI trainingBreaking: Google updated its privacy policy to allow data scraping for AI use cases. Good or bad news? OpenAI was already charged in California for...
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AI threat to Scottish finance jobs 'yet to fully materialise'The bad side of artificial intelligence. A financial service recruitment firm warns that the job market will be significantly impacted, but firms m...
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Businesses Aim to Harness Generative AI to Shake Up Accounting, FinanceThe good side of artificial intelligence. One of the most fascinating characteristics of AI is that it can help with repetitive tasks, and it seems...
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National Press Club to Host the Securities and Exchange Commission Chair Gary Gensler at a Headliners Luncheon on Monday, July 17The National Press Club Luncheon will host SEC’s Gary Gensler – who will address hot topics like security and artificial intelligence. What are the...
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Hollywood is on strike over AI, but companies see creative potential in digital humansActors and writers striking in Hollywood are against artificial intelligence: it represents a threat to creative jobs. On the other hand, synthetic...
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The SEC chief sees A.I. creating ‘conflicts of interest’ and maybe the next great financial crisis—unless we tackle ‘herding’Not only cryptos but also artificial intelligence: Gary Gensler is an AI skeptic. According to the SEC chief, AI could be the cause of the next fin...
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How and When Will AI Replace My Job?Thanks to Artificial Intelligence + and Sanksshep Mahendra for this interesting question and insightful discussion on the effects of AI on jobs — t...
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Companies that fail to integrate AI will suffer, but it will be one giant bubble: AI execThe CEO of Stability AI, Emad Moustaque, is quite pessimistic about AI. According to the CEO, even if artificial intelligence is still in its early...
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OpenAI's Sam Altman launches Worldcoin crypto projectOpenAI’s Sam Altman launched a new crypto project, Worldcoin. One of the core aspects of the project is World ID, a global digital passport that pr...
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Inside Google’s scramble to reinvent its $160 billion search business—and survive the A.I. revolutionAs Sundar Pichai, CEO of Google’s parent company Alphabet, said – during the annual developer conference – that Google is an AI-first company since...
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cSigma Finance Launches AI and Blockchain Powered Debt Capital PlatformIn the meantime in fintech, cSigma, the New York-based fintech company, launched a new platform to address another huge issue businesses face today...
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The rise of AI forces us to reinterpret our human intelligenceAnne-Marie Slaughter, Financial Times – An interesting point of view is covered throughout this article: we need to reinterpret our intelligence as...
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Testament of Excellent BankingAI & banking in Africa – First Bank of Nigeria managed to gather a number of achievements and recognitions. One of its unique features is its ...
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Australian DishBrain team wins $600,000 grant to merge AI with human brain cellsA research team led by Monash University and Cortical Labs received a $600,000 grant from the ONI – Office of National Intelligence. The project o...
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The generative A.I. battle between companies and hackers is startingTech giants like Amazon, Google, Meta, and Microsoft have entered the AI space. They're also aware of the risks: since generative AI can make it ea...
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How AI, Web3 and Humans Can Work Together to Solve Complex, Global ProblemsIllia Polosukhin addresses some of the primary concerns surrounding artificial intelligence. However, AI can be an invaluable tool to assist humans...
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Amazon touts artificial intelligence products, services for businessesAmazon recognizes the vast potential in the AI sector and is making substantial investments in this field. Alongside its cloud computing arm, Amazo...
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The generative A.I. battle between companies and hackers is startingTech giants like Amazon, Google, Meta, and Microsoft have entered the AI space. They're also aware of the risks: since generative AI can make it ea...
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How AI, Web3 and Humans Can Work Together to Solve Complex, Global ProblemsIllia Polosukhin addresses some of the primary concerns surrounding artificial intelligence. However, AI can be an invaluable tool to assist humans...
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Amazon touts artificial intelligence products, services for businessesAmazon recognizes the vast potential in the AI sector and is making substantial investments in this field. Alongside its cloud computing arm, Amazo...
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Google BARD vs. ChatGPT vs. Ernie: The AI chatbot race and Web3The AI market, especially chatbots, is booming, with projections of $267 billion by 2027 and AI contributing $15.7 trillion to the global economy b...
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Top 10 Use Cases of Generative AI in FinTechGenerative AI is revolutionizing the fintech sector with ten notable use cases, from enhancing fraud detection to tailoring personalized financial ...
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AI: The Ultimate Force Multiplier For Small Business SuccessAI can be as revolutionary as the internet itself. Business owners, especially SMEs that might not have large financial resources, can use artifici...
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How fintech company Marqeta is using AI to help consumersEvery business seeks ways to harness AI to enhance their performance. Generative artificial intelligence boasts myriad applications, including in f...
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OpenAI launches ChatGPT Enterprise, the company’s biggest announcement since ChatGPT’s debutOpenAI takes a leap with the debut of ChatGPT Enterprise, a business-tier AI chatbot. Armed with GPT-4 and no usage caps, it's tested and trusted b...
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A look at the growing use of generative artificial intelligence and chatbots in consumer financial servicesSpecial guests Ron Shevlin and Reggie Young delve into generative AI and chatbots. They explore the revolutionary tools banks and fintechs can depl...
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Bitcoin’s Dirty History Offers a Lesson for AI’s FutureAs AI's popularity surges, so does its appetite for energy—potentially rivaling Bitcoin. However, Bitcoin's journey offers a blueprint for mitigati...
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Trustly acquires SlimPayIn a €70 million acquisition, Trustly takes over SlimPay, bolstering its pan-European recurring payment services and strengthening its Direct Debit...
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The A.I. Revolution Is Coming. But Not as Fast as Some People Think.Lori Beer, CIO of JPMorgan Chase, is enthusiastic about AI's transformative potential. Yet, she cautions that AI's full integration into banking is...
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Naver Corp generative AI chatbot targets users in South KoreaNaver Corp launches an AI chatbot tailored for Korean users. The chatbot promises a wide range of functionalities and aims to attract users with it...
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ChatSME: Retail Capital brings generative AI to the SME marketRetail Capital's ChatSME brings generative AI to the SME sector in South Africa. Unlike other platforms, it's secure and tailored specifically for ...
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NVIDIA Unveils AI-Ready Servers to Accelerate Enterprise Generative AI ApplicationsNVIDIA collaborates with system manufacturers to introduce AI-ready servers. These are engineered to accelerate enterprise generative AI applicatio...
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Top 10 FinTech Startups Powered by AIFintech and AI collide: here are the top 10 fintech startups powered by artificial intelligence, a technology that is creating disruptive solutions...
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Ant Group unveils finance-focused AI modelAnt Group, the Chinese fintech giant behind Alipay, has unveiled its brand new large language model (LLM), Zhixiaozhu 1.0. This AI tool is designed...
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US and Vietnam unveil billions in semiconductor and AI dealsIn a move to counter China's growing influence, the U.S. and Vietnam have finalized significant business deals. Spearheaded by companies such as Nv...
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Will AI Deliver Efficiencies Previously Unrealized In Finance?The impact of AI remains a topic of debate. Both analysts and workers are uncertain about how this relatively new technology will influence workfor...
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FinextraTV: Transforming Banking with Artificial IntelligenceFinextraTV hosts Richard Kalas and Simon Thompson to discuss recent developments in fintech, from GFT’s Banking Disruption Index to the next evolut...
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Edinburgh to host next-generation supercomputer in AI safety pushEdinburgh is set to house a next-generation exascale computer, significantly enhancing research in AI safety, clean energy, and pharmaceuticals. Lo...
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The big AI and robotics concept that has attracted both Walmart and SoftbankSymbotic, an AI-driven warehouse technology firm, has garnered attention from giants like Walmart and Softbank. The company provides an AI-powered ...
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Blockchain and Artificial Intelligence Revolutionize Brand Protection Efforts, Ensuring Transparency and Security in an Evolving MarketplaceBlockchain and AI are transforming the brand protection landscape, ensuring greater transparency and security in a rapidly evolving market. The glo...
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Danish startup secures $2.4M seed to revolutionize sustainable procurement with AI-driven platformCopenhagen-based startup, Responsibly, has successfully raised $2.4 million in seed funding, with notable investments from Hambro Perks, Pi Labs, a...
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You Can't Send AI To Jail — So Use it to Fight Crime. Here's How AI Is Taking Banking Compliance To the Next LevelFintech firms are leveraging AI to navigate the intricate landscape of compliance, with AI-driven solutions offering a competitive edge in the indu...
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Singapore'S Crossfund Raises Additional $1.5M in Funding at a $47M ValuationSingapore's fintech startup, CrossFund, has secured an additional $1.5 million in funding, reaching a valuation of $47 million. This marks the comp...
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Intesa Sanpaolo S p A : first european bank to use Artificial Intelligence for regulatory analysisIntesa Sanpaolo pioneers as the first European bank to harness artificial intelligence for regulatory analysis. Adopting the "RegTech" solution, th...
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Meta confesses it's using what you post to train its AIMeta, previously known as Facebook, has openly admitted to utilizing public posts from its Facebook and Instagram platforms to train its new artifi...
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OriginTrail’s 1st DKG Conference brings together Internet, Artificial Intelligence and Blockchain pioneers to harness trusted AI across industriesThe DKGcon in Ljubljana on October 9, 2023, brought together experts in Internet, blockchain, and AI. They explored the differentiation of credible...
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Goldman Sachs pilots superhuman, generative AI banker projectGoldman Sachs is testing a generative AI initiative aimed at enhancing the productivity of bankers' meetings and strengthening client relationships...
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EU Elections at Risk with Rise of AI-Enabled Information ManipulationThe 11th edition of the Threat Landscape report by the European Union Agency for Cybersecurity (ENISA) sheds light on the increasing threats posed ...
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Businesses fear generative AI will cause ‘catastrophic’ cyberattacksA PwC report highlights the growing concerns among business leaders in Ireland and globally regarding the potential use of generative AI in cyberat...
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Eye On AI: Regulation For Artificial Intelligence Is Coming, Perhaps One Industry At A TimeGary Gensler, Chair of the Securities and Exchange Commission, has voiced concerns over the financial risks posed by AI platforms used by financial...
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How will artificial intelligence affect financial regulation?Artificial intelligence (AI) is revolutionizing the financial sector, from risk management to investment banking. However, this transformation brin...
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Why is technology best for checking bank customer identities?The Financial Times delves into why technology, particularly artificial intelligence, is increasingly preferred for verifying bank customer identit...
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Google unveils DigiKavach: Here’s how Google is shielding your finances against emerging threatsGoogle has introduced DigiKavach, an early threat detection and warning system designed to proactively identify and analyze emerging financial frau...
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Biden Issues Executive Order to Create A.I. SafeguardsPresident Biden's executive order mandates companies to disclose risks of their AI systems aiding in WMD creation and combats "deep fake" threats i...
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Crypto billionaire's nonprofit buys $500 million of AI data center chipsVoltage Park, a nonprofit funded by crypto billionaire and Ripple's co-founder Jed McCaleb, has invested around $500 million in 24,000 Nvidia H100 ...
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BDC Announces New $50-Million Envelope to Invest in Emerging Start-upBDC has committed an additional $50 million to its Seed Venture Fund, aiming to bolster emerging Canadian startups, particularly in pre-seed and se...
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‘It’s just a matter of time’: why AI could help Europe create its own Apple or GoogleSilicon Valley's dominance in the tech world is being challenged by the rise of artificial intelligence, offering European startups, like Mistral l...
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What bank, fintech execs are saying about AIBefore the Biden administration's significant executive order on AI regulation was unveiled, banks and fintech executives gathered at Money20/20 to...
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Chinese banks jump on AI bandwagon to cut costsChinese banks are adopting artificial intelligence to cut labor costs and boost efficiency, despite facing technical and regulatory challenges. The...
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You Can Now Customize Your ChatGPTOpenAI has initiated a program that allows individuals to create tailored iterations of ChatGPT for distinct personal and business objectives, as t...
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Fintechs weigh in on the White House's executive order on AIFintech industry experts are observing the impact of the White House's executive order on artificial intelligence, confident in their ability to ad...
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OpenAI board faces growing revolt over Sam Altman’s oustingIn a dramatic turn of events at OpenAI, the pioneering artificial intelligence company, an overwhelming majority of staff and investors have demand...
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Everyone becomes more efficient with generative AIIn a recent interview, Don McGuire, SVP and CMO at Qualcomm, delved into the company's role in the ongoing artificial intelligence (AI) revolution,...
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2024 Thematic Outlook: Three themes to get investors off the sidelinesBlackRock's 2024 thematic outlook identifies three key themes for investors: the evolving macroeconomic regime, the rise of artificial intelligence...
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UK law change allows patenting of key AI technologyIn a landmark ruling, the UK's English High Court has enabled the patenting of artificial neural networks (ANNs) and their training, significantly ...
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Lawyers react to GenAI's predictions on Fintech: Focus areas for fintech companies using AIStella Cramer and Yaru Chia, in their examination of Generative AI's predictions, highlight several crucial considerations for fintech companies us...
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The geopolitics of Generative AI: international implications and the role of the European UnionThis comprehensive analysis delves into the global competition in generative AI, highlighting the race for development and adoption by key players ...
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London startup Phare Health raises £2.5M Seed for AI-driven hospital fintechPhare Health, a London-based startup, has raised £2.5 million in seed funding to develop AI tools for hospitals in the UK and Europe. The company's...
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Indonesia: Central Bank Issues Ethical Guidelines on AI for FintechIndonesia's central bank, in collaboration with major fintech associations, has introduced ethical guidelines for AI use in fintech. This move, emp...
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MIA-Fintech brings AI-assisted credit checks to emebedded finance platformMia-Platform has partnered with Genio Diligence to integrate AI-assisted credit checks into its embedded finance platform. This collaboration aims ...
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Arab Finance launches 1st version of AI-based GuROW appArab Finance for Information Technology has launched GuROW, an AI-based app targeting young investors and entrepreneurs. The app offers news, finan...
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Exclusive: Why WithSecure continues to expand and evolveWithSecure, a Finnish cybersecurity pioneer, is making significant strides in cloud security, with a strong presence in Europe, North America, and ...
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MIT group releases white papers on governance of AIIn a significant move to shape the future of artificial intelligence, a group of MIT leaders and scholars have published a series of policy briefs ...
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E.U. Agrees on Landmark Artificial Intelligence RulesThe EU has agreed on the A.I. Act, a landmark law to regulate artificial intelligence. It aims to mitigate risks like misinformation and job automa...
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Fintech Seeks To Achieve SDGs Through Artificial IntelligenceFintech companies are targeting the UN's Sustainable Development Goals (SDGs) using artificial intelligence. At the Niger SDGs Fintech AI Hackathon...
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CaixaBank to develop generative AI with new multi-disciplinary teamSpain's CaixaBank is creating a multi-disciplinary team to develop generative AI, aiming to enhance internal processes and customer experiences. Th...
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Huawei to help drive Thailand as regional AI development hubHuawei and Thailand's Ministry of Digital Economy and Society have partnered to propel Thailand into a regional AI development hub. This collaborat...
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Manish Bhatia Unplugged: Fintech Trends, Challenges, and LendingKart's BlueprintIn a revealing conversation, Manish Bhatia, a tech industry stalwart with over 20 years of experience, shares his insights on fintech's evolution. ...
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AI development expected to 'explode' in 2024, experts sayExperts predict an 'explosion' in AI development in 2024, following a significant year for the technology in 2023 that caught the attention of both...
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Asia Pacific Fintech 2024: A Balanced VisionIn 2024, Asia Pacific's fintech sector is set to embrace a 'balanced vision,' focusing on stable growth with a prudent approach. A key trend is the...
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Rising fintech trends for 2024: From A2A payments to GenAI in bankingThe fintech market in 2024 is poised for transformative changes, driven by emerging technologies like Open Finance, generative AI, and Account-to-A...
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ChatGPT store that lets you make money from custom chatbots to open next weekOpenAI is set to launch a groundbreaking marketplace for chatbots this week, enabling paying subscribers to share and sell custom-made ChatGPTs. An...
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AI experiment involving ‘temporal validity’ could have significant implications for fintechResearchers Georg Wenzel and Adam Jatowt from the University of Innsbruck, Austria, have advanced the field of AI with their method for assessing a...
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Technology and Sustainability Strengthen FinTech AppealIn a recent PYMNTS survey, industry executives emphasized the growing influence of Artificial Intelligence (AI) in the 2023 FinTech sector, with Ma...
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5 Fraud Management platforms safeguarding banks in EuropeThe FinTech industry is facing a surge in fraud and financial crime, driven by advanced technologies like mobile banking and digital payments. Crim...
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AI will affect 40% of jobs and probably worsen inequality, says IMF headIMF Warns AI Could Impact 40% of Global Jobs, Urges Social Safety Nets - The International Monetary Fund's chief cautions that artificial intellige...
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FinTech AI Hackathon Aims To Nuture Talents To Address SDGs | Tech TrendsFinTech AI Hackathon Targets Talent Development for Sustainable Goals - A dedicated FinTech AI Hackathon is set to cultivate talents to tackle Sust...
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Mastercard developing AI-powered tool for small business “mentorship”Mastercard is developing an AI-powered platform to guide and support small business owners. In collaboration with Create Labs, the tool aims to off...
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New MIT CSAIL study suggests that AI won’t steal as many jobs as expectedMIT CSAIL's study indicates a slower-than-expected AI disruption in the job market, finding that automating the majority of jobs is not economicall...
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AI fraud is on the rise and Natwest to offer IP-based lendingThe latest fintech podcast focuses on emerging AI fraud risks and new services for SMBs. Key discussions include Natwest's innovative IP-based lend...
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AI set to dominate fintech development for next five years: WEF studyArtificial intelligence is poised to become the primary catalyst for advancements in the fintech sector over the coming five years. This forecast c...
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Is Sam Altman Entering The Chip Business?Sam Altman, CEO of OpenAI, is reportedly in talks with Middle Eastern investors and Taiwanese chipmaker TSMC to start a new venture for designing a...
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BMW taps humanoid startup Figure to take on Tesla's robotRobotics startup Figure has inked its first commercial deal with BMW Manufacturing to introduce humanoid robots into the car manufacturer's U.S. fa...
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Google Update Reveals AI Will Read All Your Private MessagesGoogle's latest AI enhancement for Android raises privacy concerns as it analyzes users' historical private messages. The update promises significa...
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Algorithms, Privacy and InequalityLIFT explores the intersection of privacy, fairness, and AI in Finance - MIT's Catherine Tucker to Present at 'The Digital Future' Event on Dec 11-...
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5 steps all marketers should take to be prepared for a privacy-centric future2024 heralds a pivotal year for digital marketing, marked by significant shifts such as Chrome phasing out third-party cookies and evolving regulat...
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Italy fines first city for privacy breaches in use of AIItaly's privacy regulator has imposed a €50,000 fine on the city of Trento for violating data protection laws in its AI-based street surveillance i...
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Russia and China compare notes on ‘military use of artificial intelligence’China and Russia have committed to deepening their cooperation on the military use of artificial intelligence (AI), signifying a strategic move in ...
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Government to fund generative AI developments in JapanJapan is allocating funds to foster the domestic development of generative artificial intelligence (AI), aiming to compete with leading technologie...
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Crypto and AI Ads Omitted from Super Bowl LVIII Commercial SlotsSuper Bowl LVIII will feature a return to more traditional commercials, eschewing advertisements for cryptocurrency and artificial intelligence. Th...
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Agricultural Fintech Traive Secures $20M for Expansion and New Product LaunchBanco do Brasil has led an investment in Traive through the BB Impacto ASG I Fund to support technological innovation, operational expansion in Bra...
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UK arts union ‘ready’ to strike if AI agreements aren’t reachedThe British performers' union, Equity, is prepared to take industrial action similar to the 2023 Hollywood strikes unless agreements concerning AI ...
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Central banks are adopting AI despite inherent risksA study by the Bank for International Settlements (BIS) on central banks' use of artificial intelligence (AI) has highlighted potential risks with ...
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Generative A.I.’s Biggest Impact Will Be in Banking and Tech, Report SaysA new era of artificial intelligence, highlighted by technologies like OpenAI's ChatGPT, is expected to significantly affect high-paying white-coll...
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Ant Group inks strategic partnership with Shanghai to help the city’s AI ambitionsAnt Group has formed a partnership with the Shanghai municipal government to enhance cooperation in blockchain and artificial intelligence (AI). Th...
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World’s biggest AI tech companies push UK over safety testsMajor AI firms like OpenAI, Google DeepMind, Microsoft, and Meta are pressing the UK to accelerate safety evaluations for AI technologies. These co...
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Huawei researchers say giving AI a ‘body’ is the next step toward human-level agentsResearchers from Huawei's Noah's Ark Lab in Paris have introduced a pre-print study proposing a new framework for "embodied artificial intelligence...
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Bankwell Bank pilots generative AI in small-business lendingBanks are exploring generative AI's potential, particularly in small-business lending, to streamline the loan application process. These AI models,...
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Will 2024 Be The Year That Generative AI Comes To Financial Services?The anticipation surrounding the integration of generative AI technologies like ChatGPT into the financial services sector is high, with prediction...
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Apple made an AI image tool that lets you make edits by describing themApple, in collaboration with the University of California, Santa Barbara, has unveiled the MGIE model, a revolutionary tool that simplifies photo e...
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Huawei researchers say giving AI a ‘body’ is the next step toward human-level agentsResearchers from Huawei's Noah's Ark Lab in Paris have introduced a pre-print study proposing a new framework for "embodied artificial intelligence...
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Bankwell Bank pilots generative AI in small-business lendingBanks are exploring generative AI's potential, particularly in small-business lending, to streamline the loan application process. These AI models,...
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Will 2024 Be The Year That Generative AI Comes To Financial Services?The anticipation surrounding the integration of generative AI technologies like ChatGPT into the financial services sector is high, with prediction...
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Apple made an AI image tool that lets you make edits by describing themApple, in collaboration with the University of California, Santa Barbara, has unveiled the MGIE model, a revolutionary tool that simplifies photo e...
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Huawei researchers say giving AI a ‘body’ is the next step toward human-level agentsResearchers from Huawei's Noah's Ark Lab in Paris have introduced a pre-print study proposing a new framework for "embodied artificial intelligence...
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Bankwell Bank pilots generative AI in small-business lendingBanks are exploring generative AI's potential, particularly in small-business lending, to streamline the loan application process. These AI models,...
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Will 2024 Be The Year That Generative AI Comes To Financial Services?The anticipation surrounding the integration of generative AI technologies like ChatGPT into the financial services sector is high, with prediction...
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Apple made an AI image tool that lets you make edits by describing themApple, in collaboration with the University of California, Santa Barbara, has unveiled the MGIE model, a revolutionary tool that simplifies photo e...
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Revolut’s AI Feature Cuts Fraud Losses by 30%Revolut has implemented an AI-driven card scam detection feature in its app, significantly reducing fraud losses by 30%, particularly from investme...
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IBM Turns to Blockchain To Solve Some of AI's Thorniest ProblemsIn a recent episode of the Blockchain Journal podcast, editor-in-chief David Berlind sat down with IBM Consulting's global partner, Shyam Nagarajan...
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Vitalik Buterin Praises Artificial Intelligence: AI Tokens SurgeVitalik Buterin, Ethereum co-founder, has recently spotlighted a groundbreaking AI application aimed at enhancing Ethereum's security through forma...
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Generative AI in Fintech Market To Reach USD 19,963.7 Million By 2032, Says DataHorizzon ResearchThe Generative AI market in the fintech sector, valued at USD 1,084.9 million in 2023, is projected to soar to USD 19,963.7 million by 2032, exhibi...
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Nigeria's Carbon buys Vella Finance for AI-powered business bankingCarbon, established in 2016 and known for providing instant loans, BNPL services, savings plans, and a debit card to Nigerians, is expanding into t...
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Boosting credit risk assessments in banking with AISimone Mensink of IG&H and Hein Wegdam of ING Real Estate discuss the future of credit assessment, focusing on combining artificial intelligenc...
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Fetch.ai and Deutsche Telekom partner to converge AI and blockchainDeutsche Telekom has joined forces with AI startup Fetch.ai to push forward AI and blockchain technologies, becoming the first major corporate part...
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Generative AI will be disappointing in the short term, says Noshir KakaIn a recent statement, Noshir Kaka, Senior Partner and Co-lead of Global Technology, Media & Telecommunications Practice at McKinsey & Comp...
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Web3 games can explode thanks to artificial intelligence, says AI gaming CEOAs the quest for blockchain's killer application continues, sectors ranging from supply chain management to cross-border payments have been touted ...
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Fintech in AI deal with Brookfield-backed Abu Dhabi payments groupBiz2Credit, a leading New York-based fintech firm specializing in U.S. small business loans, is expanding its reach to Abu Dhabi through a strategi...
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New Regulatory AI Collaboration Solidifies Isle of Man’s Reputation as Global FinTech HubThe Isle of Man Financial Services Authority (FSA) has entered a groundbreaking partnership with fintech startup Regsearch to harness the power of ...
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Chinese fintech firm claims priority access to Sora API through Microsoft amid new text-to-video AI frenzyA Chinese fintech company is leveraging OpenAI's Sora, asserting priority access via Microsoft's Azure, showcasing how mainland firms are eagerly a...
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The Use of GenAI and Embedded Finance in Non-banking and Fintech ApplicationsArtificial intelligence (AI) is revolutionizing the financial sector, enabling fintech and financial services to develop advanced embedded finance ...
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Bud & Fintech Galaxy bring AI-led Open Banking solutions to MENABud Financial, a leading data intelligence platform, has partnered with Fintech Galaxy, a pioneer in open banking and financial innovation, aiming ...
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Fintech Klarna’s New AI Chatbot Does the Work of 700 Full Time AgentsKlarna has introduced a new AI chatbot, developed using OpenAI technology, that has matched the workload of 700 customer service agents in just one...
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Artificial Intelligence (AI) Project With More Potential Than Cryptocurrency on Current Bull Run!During the 2024 bull run, AI is surpassing cryptocurrency in growth prospects, with leading companies such as Nvidia, Microsoft, and AMD spearheadi...
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Southeast Asia Becoming Hub for Crypto, Web3, AIRegulatory fragmentation in the region offers challenges and opportunities for Web3 adoption. Nathan Kim from Unopnd stresses the importance of col...
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PayPal’s AI Surprise: Why It’s More Than Just a Fintech StockFollowing PayPal's modest revenue forecast, some investors hastily sold their shares, but a detailed analysis suggests this downturn is an excellen...
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Fintech employees trained in AI in just over one-third of central banksThe Fintech Benchmarks 2024 report reveals that most central banks lack staff training in artificial intelligence (AI), with only 37.1% of 35 surve...
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How AI and Machine Learning Are Shaping FintechFintech has undergone significant transformation recently, largely driven by advancements in artificial intelligence (AI) and machine learning (ML)...
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IEC Expands Global Footprint with MRAL Spain Launch, Leverages AI in Consumer LendingInvestment Evolution Credit plc (IEC), a prominent global fintech group, has unveiled a strategic partnership that has led to the formation of MRAL...
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Google engineer stole AI tech for Chinese firmsA former Google engineer, Linwei Ding, has been arrested and charged with the theft of trade secrets from the company, specifically related to its ...
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How are Microsoft and HSBC using AI to transform financial services?Banks are intensively enhancing their AI capabilities across all operations, investing heavily in both technology and personnel. This episode delve...
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Coinbase Issues ‘Contrarian’ Crypto Warning, Says Value of Artificial Intelligence Altcoins Overstated – Here’s WhyThe largest U.S. crypto exchange has issued a caution regarding the AI hype in the digital asset realm. In the report "Crypto’s AI Mirage," Coinbas...
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Saloni Thakkar: Leading Fintech Artificial IntelligenceSaloni Thakkar stands out as an influential figure in the dynamic realm of Fintech AI, leveraging her extensive expertise as a Data Scientist to en...
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87% of UK organisations are vulnerable to cyberattacks in the age of AI, research revealsArtificial Intelligence (AI) is pivotal in today's tech-driven era, enhancing productivity and transforming businesses. However, its rise brings he...
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The Future of FinTech: Key Trends, Lessons From the Past, and How They Will Shape the SectorThe Montgomery Summit: the community discusses pivotal themes including geopolitical developments, the interest rate landscape, the merging realms ...
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AI in Finance Summit New YorkJoin us for RE•WORK's highly anticipated AI in Finance Summit New York 2024, happening on April 24-25, 2024, at etc.venues 360 Madison, in New York...
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Bitcoin Virtual Machine Will Soon Let Users Create AI Models on Bitcoin NetworkThe Bitcoin Virtual Machine (BVM), a Layer 2 project associated with Bitcoin, is on the brink of launching a groundbreaking platform that enables t...
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Fintech chiefs debate AI skills crisis in ParliamentAt the recent Parliamentary AI and Fintech Summit, chaired by Steven George-Hilley of Centropy PR and hosted by Watford's MP Dean Russell, a call t...
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The EU AI Act - What Are The Implications For Banking and Fintech?The European Parliament's upcoming final vote on the AI Act, slated for implementation this May, marks the introduction of the world's most extensi...
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FIS Offers Greater Card Fraud Detection through New Artificial Intelligence CollaborationFIS, a global fintech leader, has enhanced its SecurLOCK card fraud management tool through a collaboration with Stratyfy, aiming to boost the accu...
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The AI boom makes millions for an unlikely industry player: AnguillaThe rapid integration of artificial intelligence (AI) into daily life has raised concerns and questions about the future of humanity for many. Howe...
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Europe takes the early lead: Lawmakers pass landmark AI legislationOn March 13, the European Union Parliament took a significant step by voting to adopt the EU's AI Act, marking the EU's first attempt at comprehens...
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AI to drive ‘much stronger’ smartphone and PC market in the second half of 2024: StrategistRoss, the chief investment strategist at Cascend Securities, predicts a significant boost in the smartphone and PC market in the second half of 202...
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Revolutionizing On-Device AI: World-English Language Models and FinTech ImpactThe artificial intelligence (AI) landscape is constantly advancing, particularly in the realm of Virtual Assistants (VAs). These digital helpers, i...
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Ministries test the AI waters: Try out use cases in bid to reduce workloadAs artificial intelligence (AI) shapes the future, the government is exploring its potential by experimenting with AI applications across various d...
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The Top 10 Ways AI is Revolutionizing Financial Technology In the UKTechDirectory delves into the transformative impact of Artificial Intelligence (AI) on the UK's financial technology sector. Highlighting the top 1...
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10 Companies Powering FinTech with Artificial Intelligence (AI)Integrating AI into the finance sector has sparked significant transformation, enhancing efficiency, security, and user experience. This discussion...
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OpenAI opens its first Asia office in Japan as a ‘first step’ in its commitment to the regionOpenAI has established its inaugural Asian office in Tokyo, marking a significant step in its international expansion. CEO Sam Altman highlighted t...
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Artificial intelligence can help people feel heard, new USC study findsA recent study in the Proceedings of the National Academy of Sciences suggests that AI-generated messages can make individuals feel more heard comp...
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In-App Payments: Enhancing User Experience and ConvenienceThe landscape of in-app payments is rapidly evolving, with AI and blockchain technologies poised to significantly enhance their functionality. AI i...
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aelf to Integrate AI and Blockchain in Iconic Tech Moveaelf, a leading blockchain network based in Singapore, is poised to redefine the technological landscape with its strategic shift towards incorpora...
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Artificial Intelligence (AI) in Fintech Market is expected to reach a revenue of USD 70.1 Bn by 2033, at 17.0% CAGR: Insights by Dimension Market ResearchThe Artificial Intelligence (AI) market within the fintech sector is projected to grow from USD 17.0 billion in 2024 to USD 70.1 billion by 2033, b...
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How Artificial Intelligence Technology Affects Fintech Companies & The Financial IndustryThe fintech sector is rapidly evolving, driven by new technologies and innovative approaches, with artificial intelligence (AI) at the forefront of...
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MENA’s banking and finance sector embraces the digital tideTechnology is reshaping banking and finance in the Middle East, driven by a youthful population, high mobile usage, and government initiatives towa...
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Fintech finally starts to add up for investorsArtificial intelligence is proving its value in fintech, notably through OpenAI's collaboration with Klarna, which has boosted the company's profit...
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AI UK Fintech Rebound – $1.4 Billion Raised But Crypto VC Investment Hits 3-Year LowVenture capital investment in the UK's AI sector rebounded in early 2024, stabilizing after a global slump. The fintech industry led with $1.4 bill...
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Fintech Professional Shares Perspective on EU Artificial Intelligence Act and UK’s AI LegislationScott Dawson, Head of Strategic Partnerships at DECTA, has shared insights on the potential implications of the UK diverging from the EU in AI legi...
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UK Fintech boards lack AI skills and diversityA new report by EY and Innovate Finance highlights that while UK FinTech boards are crucial for driving growth and innovation, they often lack key ...
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OpenAI receives the world’s most powerful AI GPU from Nvidia CEOOpenAI has taken delivery of Nvidia's state-of-the-art AI processor, the DGX H200, acclaimed as the world's most powerful GPU, directly from Nvidia...
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Exploring The Five Stages of Full Automation | Payment Asia And Artificial IntelligenceThis video details the five stages of full automation, providing an in-depth look at each phase to enhance your understanding of the processes invo...
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SolarAI: Revolutionary cryptocurrency based on solar energy and artificial intelligence reaches $1.2 million in pre-saleSolarAI, a cryptocurrency merging solar energy with artificial intelligence, has successfully raised over $1.2 million in its pre-sale, marking a t...
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3 key benefits of AI for enhanced customer experience in fintechThe merging of financial technology (fintech) and mobile commerce is creating unprecedented transactional opportunities. This evolution is primaril...
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How fintech innovation is driving digital transformation for communities across the globeTo stay relevant in today's fast-paced market, enterprises need to innovate continuously, and fintechs are leading this change in the financial ser...
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OpenAI ChatGPT-5 release imminent?Speculation is mounting that OpenAI may soon release a new version of its ChatGPT model, potentially called ChatGPT-5, though the official name rem...
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Warren Buffett says AI scamming will be the next big ‘growth industry’Warren Buffett, Chairman and CEO of Berkshire Hathaway, predicts that AI scamming will emerge as the next major growth industry. This forecast was ...
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Baselayer Emerges From Stealth With $6.5 Million Seed RoundBaselayer, a B2B platform that leverages proprietary Graph AI technology to combat fraud and streamline business onboarding, announced its emergenc...
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Is AI lying to me? Scientists warn of growing capacity for deceptionMIT researchers warn that as AI systems grow more sophisticated, their capacity for deception increases. Instances of AI bluffing, pretending to be...
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Writer CEO on Generative AI and the EnterpriseAt Bloomberg Tech live, Writer CEO May Habib discussed the company's Palmyra LLMs and the future of generative AI in enterprises for 2024. She high...
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Powered by OriginTrail, ChatDKG.AI is unlocking a Truly Open Artificial IntelligenceThe convergence of the Internet, crypto, and artificial intelligence (AI) aims to address AI's current issues, such as hallucinations, bias, data o...
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21 ‘responsible AI’ projects funded by Innovate UKA London FinTech company, Stratiphy, is among 21 ‘responsible AI’ projects backed by Innovate UK, receiving a £1 million grant. Stratiphy leads a c...
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Daloopa trains AI to automate financial analysts’ workflowsThomas Li, formerly of Point72, founded Daloopa with Jeremy Huang and Daniel Chen to address the financial industry's reliance on error-prone manua...
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Central banks prepare for the rise of AIChia Der Jiun, managing director of the Monetary Authority of Singapore (MAS), and Eddie Yue, chief executive of the Hong Kong Monetary Authority (...
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Building Ethical AI For A Better FutureAs debates on 'Responsible AI' and 'Ethical AI' intensify, Inc42 and Microsoft are hosting 'The AI Connect,' an invite-only event in Delhi on May 1...
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Wipro and Microsoft unite to transform fintech with AIWipro has partnered with Microsoft to launch a suite of cognitive assistants for the financial services sector, powered by generative AI (GenAI). A...
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Why an OpenAI Safety Leader Just QuitJan Leike, a former leader at OpenAI, resigned recently, lamenting that the company prioritized flashy products over safety. Leike, who headed the ...
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AI in Cybersecurity | Working of AI in Cybersecurity | Need for AI in Cybersecurity | EdurekaThe video "AI in Cybersecurity" offers a thorough exploration of Artificial Intelligence (AI)'s role in safeguarding digital environments. It outli...
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Cyvers Early Detection Of Sonne Finance Hack and The Importance Of AI In Web3 SecurityAI integration in web3 security is no passing trend; it's a pivotal weapon against cryptocurrency thefts and cyber intrusions. Companies are levera...
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RegTech Market is Projected to Reach $66.9 Billion by 2032, with a Robust CAGR of 22.6% As Revealed In New ReportThe global RegTech (Regulatory Technology) industry, valued at $9 billion in 2022, is projected to reach $66.9 billion by 2032, growing at a compou...
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CUBE Acquires Thomson Reuters Regulatory Intelligence (RegTech)In a recent development, CUBE, a prominent figure in Regulatory Compliance Management (RCM) and Automatic Regulatory Identification (ARI), has acqu...
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Financial support for GPU infra will increase AI adoption, say analystsThe Indian government's proposal to finance up to 50 percent of the cost of establishing artificial intelligence (AI) compute infrastructure has be...
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AI companies are finally looking at Small Language Models, and expect to make big bucksArtificial intelligence (AI) companies have been heavily investing in large language models for generative AI products, but a new trend is emerging...
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How Financial Services Companies are Using Artificial IntelligenceArtificial intelligence is revolutionizing the financial services industry. Banks and fintech firms are increasingly adopting AI technologies to en...
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Regulators must be wary of AI’s ‘invisible hand’ – BoE officialRegulators must exercise caution in addressing the lack of clarity surrounding artificial intelligence breakthroughs, a Bank of England official st...
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Tech giants form an industry group to help develop next-gen AI chip componentsIntel, Google, Microsoft, Meta, and other tech giants are forming the Ultra Accelerator Link (UALink) Promoter Group to advance the development of ...
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Greifeld: The hype around artificial intelligence is underdoneRobert Greifeld, former Nasdaq Chairman and CEO, believes the excitement surrounding artificial intelligence is understated. He discusses the futur...
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International Association of Crypto-Economy and AI Created in KyrgyzstanThe International Association of Crypto-Economy and Artificial Intelligence has been established in Kyrgyzstan, supported by the Russian Associatio...
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Artificial Intelligence in Fintech: Applications and Ethical ConcernsArtificial Intelligence (AI) is revolutionizing the financial technology (fintech) sector, enabling rapid and precise analysis of vast data sets. T...
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60-second read: Top five ways AI can boost compliance in fintechAdam Baldwin, Head of Digital Advisory (Legal, Regulatory & Compliance) at BNP Paribas, suggests that employing AI in client risk profiling and...
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Generative AI in Fintech Market to Reach US$4 Billion by 2028The Generative AI in Fintech market is projected to grow from US$1.12 billion in 2023 to US$4.35 billion by 2028, with a CAGR of 31.26%. As financi...
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EU watchdog says banks must take full responsibility when using AIBanks and investment firms in the European Union must uphold boardroom responsibility and their legal obligation to protect customers when using ar...
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Google Cloud and iBind Partner to Streamline Banks’ Onboarding ExperienceiBind Systems, a FinTech startup in Bangalore, India, announced a collaboration with Google Cloud to modernize onboarding for banks and financial i...
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ChatGPT tops 1 mln users in S. Korea amid growing popularity: dataIn South Korea, the number of ChatGPT users surged by 30 percent last month, surpassing 1 million for the first time, according to industry data fr...
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Fintech’s future is in the palm of users’ hands — literallyIn a conversation with Abdallah Abu Sheikh, founder of Astra Tech and CEO of Botim, he discusses the strategy behind Palm Pay and shares insights i...
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Ant Group’s US$2.9 billion tech investment helps fintech giant reach ESG goalsAnt Group invested 21.2 billion yuan (US$2.9 billion) in technology last year, focusing on artificial intelligence to spur innovation for consumers...
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Binance Labs Announces New Investment in AI-Enabled Layer-2 Crypto ProjectThe venture capital and incubation arm of the world’s largest crypto exchange is advancing AI technology-focused integration with blockchain in its...
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Remote Working Fintech Deel Launches AI Tool for Streamlining OperationsRemote working fintech Deel has introduced a new AI tool designed to enhance various tasks. Deel states that this AI tool helps double-check compli...
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FinTechs Flounder as Investors Embrace ‘AI Mindset’Iana Dimitrova, CEO of OpenPayd, noted the market has "recalibrated," now valuing businesses with proven use cases and solid models, unlike three t...
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Anticipating fintech trends: privacy, AI, and blockchainUnforeseen advancements in financial technology (fintech) continue to transform the financial landscape and consumer experiences. Innovations such ...
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Over 44% of U.S. consumers embrace AI in banking, prioritise fraud detection–with a few caveatsU.S. banking customers are increasingly open to the idea of artificial intelligence (AI) in their personal banking, according to a new report. The ...
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AI and climate change: Team8 shares what the future holds for fintechClimate change and advancements in artificial intelligence could transform fintech, according to a report by venture capital firm Team8's Venture C...
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Apple Won’t Roll Out AI Tech In EU Market Over Regulatory ConcernsApple Inc. is withholding several new technologies from European Union consumers, citing regulatory concerns. The company announced on Friday that ...
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Portage's Kirk Sees Huge Opportunity for AI in FinanceDevon Kirk, Co-Head of Portage Partner and Portage Capital Solutions, joined Ed Ludlow to discuss the state of the fintech growth equity market in ...
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The AI-Fintech connection: Transforming the financial ecosystemThe financial ecosystem is undergoing a massive shift due to the rapid development of Artificial Intelligence (AI) and its integration into financi...
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European Commission opens consultation on AI in financeThe European Commission (EC) opened a consultation on the use of artificial intelligence (AI) in financial services on June 18. Responses will info...
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Meta Expands AI Startup Program in EuropeMeta is expanding its AI Startup Program across Europe, highlighting innovation and the influence of American tech companies in the region’s AI lan...
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Apple Poised to Get OpenAI Board Observer Role as Part of AI PactApple Inc. has secured an observer role on OpenAI's board in a significant new agreement, strengthening the bond between the two companies. Phil Sc...
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2024 FinTech AI in Financial Services: The way aheadIn the latest episode of this Podcast Series, Dr. Verena Ritter-Döring, Partner in Frankfurt, discusses the deployment of AI in financial services ...
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Blockchain can help mitigate worst aspects of AIGlobally, governments are urgently seeking solutions to ensure accountability for both creators and users of AI applications. The European Union ha...
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Nigerian official advocates blockchain, AI against illicit financial flowsThe chairman of Nigeria’s Economic and Financial Crimes Commission, Olanipekun Olukoyede, has identified blockchain technology and artificial intel...
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Financial services shun AI over job and regulatory fearsEuropean fintech executives claim that financial services are struggling to implement artificial intelligence effectively, despite evidence suggest...
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Most European AI founders had "no exposure to AI 18 months before ChatGPT", says European fintech bossMany founders of European AI startups "just want to make some quick money" and had no exposure to the space 18 months before the launch of ChatGPT,...
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Nubank acquires HyperplaneNubank, the Brazilian neobank, has acquired the AI platform Hyperplane seven months after its $6 million seed funding round. This move aims to stre...
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China Thrashes U.S. In Global AI Patent Race—Here’s Why That Doesn’t Mean It’s Winning The AI WarA United Nations report released Thursday highlights China's significant lead in securing generative AI patents, surpassing international competito...
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Podcast on Generative AI in Fintech: Unraveling the hype with PerfiosIn a recent podcast, Shashank Shekhar, Co-founder and Head of Consulting at The Digital Fifth, and Alok Kumar, Chief of Engineering at Perfios, exp...
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Nigeria to launch AI and Blockchain research hub nationwideThe National Information Technology Development Agency (NITDA) announced plans to set up research hubs focusing on emerging technologies such as ar...
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What US financial services and fintech can learn from Singapore’s push to establish itself as an AI hubAs artificial intelligence (AI) starts to transform global finance, Singapore is emerging as a leader in innovation. The city-state aims to become ...
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Sun Finance Founder and CEO Toms Jurjevs: 'The fintech arena is changing incredibly fast'Riga-based Sun Finance, a prominent name in the online lending industry, is poised to enhance its operations through artificial intelligence (AI). ...
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EU central banks don’t want to ‘over-regulate’ AIEuropean central bank officials aim to avoid over-regulating artificial intelligence (AI) amid uncertainty about its impact on the financial sector...
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This is just the beginning: UBS sees how artificial intelligence is changing the banking industryUBS has noted changes in the interactions between customers and bank employees due to artificial intelligence, according to Sabine Keller-Busse, Pr...
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Apple Intelligence is coming this fall, but these features won’t beApple Intelligence is set to be the most significant enhancement for the iPhone, Mac, and iPad this year. The upcoming releases of iOS 18, macOS Se...
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Top 10 fintech innovations transforming the financial sectorIn a world where technology and finance converge, fintech innovations are revolutionizing the banking industry. Mobile-only banking and blockchain ...
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GoTo launches Dira, the AI-based FinTech voice assistant in IndonesiaGoTo Group, Indonesia’s digital ecosystem, has unveiled GoTo AI, a long-term innovation program aimed at integrating cutting-edge AI technology thr...
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FTC, DOJ, International Enforcers Release Statement on AI Competition IssuesFTC Chair Lina M. Khan, together with international antitrust authorities and the Department of Justice's Antitrust Division, released a joint stat...
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EP61 - AI-Driven Banking TransformationDelve into the revolutionary influence of artificial intelligence (#AI) and emerging technologies on the finance and banking sectors. These advance...
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Nigeria to train 1,000 youths on AI, blockchain every yearNigeria has launched a government-led initiative aimed at training 1,000 citizens each year in advanced technologies, such as artificial intelligen...
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UK’s Aveni secures £11m to advance AI in financial services sectorUK-based fintech company Aveni has raised £11 million ($14.1 million) in a Series A funding round, led by Puma Private Equity with participation fr...
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Accelerating with AI: Startups share how they are turning the gears with GenAIArtificial intelligence (AI) is no longer limited to specialized AI firms, as many of India's leading startups across various sectors, including e-...
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Leveraging Artificial Intelligence for optimal performance by Nigerian banksThe Nigerian banking sector is poised for a major transformation with the integration of artificial intelligence (AI). Tier 1 banks in the country ...
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Sora finds a new rival in China as start-up Shengshu AI rolls out text-to-video toolChinese start-up Shengshu AI has launched its text-to-video tool Vidu for global users, supporting both Chinese and English text prompts. Available...
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Automation in Fintech will Deliver a Collaborative Future for Humans and MachinesAs generative AI continues to surge, the future of automation in fintech is becoming increasingly apparent. While this trend raises concerns about ...
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FTC, DOJ, International Enforcers Release Statement on AI Competition IssuesFTC Chair Lina M. Khan, together with international antitrust authorities and the Department of Justice's Antitrust Division, released a joint stat...
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EP61 - AI-Driven Banking TransformationDelve into the revolutionary influence of artificial intelligence (#AI) and emerging technologies on the finance and banking sectors. These advance...
-
Nigeria to train 1,000 youths on AI, blockchain every yearNigeria has launched a government-led initiative aimed at training 1,000 citizens each year in advanced technologies, such as artificial intelligen...
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UK’s Aveni secures £11m to advance AI in financial services sectorUK-based fintech company Aveni has raised £11 million ($14.1 million) in a Series A funding round, led by Puma Private Equity with participation fr...
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Accelerating with AI: Startups share how they are turning the gears with GenAIArtificial intelligence (AI) is no longer limited to specialized AI firms, as many of India's leading startups across various sectors, including e-...
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Leveraging Artificial Intelligence for optimal performance by Nigerian banksThe Nigerian banking sector is poised for a major transformation with the integration of artificial intelligence (AI). Tier 1 banks in the country ...
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Sora finds a new rival in China as start-up Shengshu AI rolls out text-to-video toolChinese start-up Shengshu AI has launched its text-to-video tool Vidu for global users, supporting both Chinese and English text prompts. Available...
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Automation in Fintech will Deliver a Collaborative Future for Humans and MachinesAs generative AI continues to surge, the future of automation in fintech is becoming increasingly apparent. While this trend raises concerns about ...
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FTC, DOJ, International Enforcers Release Statement on AI Competition IssuesFTC Chair Lina M. Khan, together with international antitrust authorities and the Department of Justice's Antitrust Division, released a joint stat...
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EP61 - AI-Driven Banking TransformationDelve into the revolutionary influence of artificial intelligence (#AI) and emerging technologies on the finance and banking sectors. These advance...
-
Nigeria to train 1,000 youths on AI, blockchain every yearNigeria has launched a government-led initiative aimed at training 1,000 citizens each year in advanced technologies, such as artificial intelligen...
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UK’s Aveni secures £11m to advance AI in financial services sectorUK-based fintech company Aveni has raised £11 million ($14.1 million) in a Series A funding round, led by Puma Private Equity with participation fr...
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Accelerating with AI: Startups share how they are turning the gears with GenAIArtificial intelligence (AI) is no longer limited to specialized AI firms, as many of India's leading startups across various sectors, including e-...
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Leveraging Artificial Intelligence for optimal performance by Nigerian banksThe Nigerian banking sector is poised for a major transformation with the integration of artificial intelligence (AI). Tier 1 banks in the country ...
-
Sora finds a new rival in China as start-up Shengshu AI rolls out text-to-video toolChinese start-up Shengshu AI has launched its text-to-video tool Vidu for global users, supporting both Chinese and English text prompts. Available...
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Automation in Fintech will Deliver a Collaborative Future for Humans and MachinesAs generative AI continues to surge, the future of automation in fintech is becoming increasingly apparent. While this trend raises concerns about ...
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FTC, DOJ, International Enforcers Release Statement on AI Competition IssuesFTC Chair Lina M. Khan, together with international antitrust authorities and the Department of Justice's Antitrust Division, released a joint stat...
-
EP61 - AI-Driven Banking TransformationDelve into the revolutionary influence of artificial intelligence (#AI) and emerging technologies on the finance and banking sectors. These advance...
-
Nigeria to train 1,000 youths on AI, blockchain every yearNigeria has launched a government-led initiative aimed at training 1,000 citizens each year in advanced technologies, such as artificial intelligen...
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UK’s Aveni secures £11m to advance AI in financial services sectorUK-based fintech company Aveni has raised £11 million ($14.1 million) in a Series A funding round, led by Puma Private Equity with participation fr...
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Accelerating with AI: Startups share how they are turning the gears with GenAIArtificial intelligence (AI) is no longer limited to specialized AI firms, as many of India's leading startups across various sectors, including e-...
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Leveraging Artificial Intelligence for optimal performance by Nigerian banksThe Nigerian banking sector is poised for a major transformation with the integration of artificial intelligence (AI). Tier 1 banks in the country ...
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Sora finds a new rival in China as start-up Shengshu AI rolls out text-to-video toolChinese start-up Shengshu AI has launched its text-to-video tool Vidu for global users, supporting both Chinese and English text prompts. Available...
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Automation in Fintech will Deliver a Collaborative Future for Humans and MachinesAs generative AI continues to surge, the future of automation in fintech is becoming increasingly apparent. While this trend raises concerns about ...
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Jeff Bezos Is Putting His Money Behind AI, Meet The Unicorns Earning His DollarsJeff Bezos' family office, established in 2005, has heavily invested in technology, now shifting towards artificial intelligence. This focus reflec...
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Scientists from Polygon Labs and Leading AI Companies Leverage AI to Address Blockchain SecurityOn-chain security issues stem from smart contract vulnerabilities and human factors, with developers struggling to inspect all historical code whil...
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Tech tycoon’s arrest dents South Korea’s fintech and AI ambitionsThe arrest of South Korea’s top tech entrepreneur has thrown a major company into disarray, with potential repercussions for the banking sector and...
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Microsoft and dLocal Forge Strategic Partnership to Harness Artificial Intelligence in Fintech in UruguayMicrosoft and dLocal have announced a landmark partnership to integrate advanced artificial intelligence solutions into the financial technology se...
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Google AI Overviews gets upgrades, expands to these 6 countriesGoogle's parent company, Alphabet, announced on Thursday the expansion of its AI-generated summaries for search queries to six additional countries...
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Enterprise AI Insights: Navigating the Future of BusinessExplore the transformative power of AI in the enterprise with insights from Anil Nanduri, Vice President and Head of Intel AI Accelerator Office, h...
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Decentralized AI network Sahara raises fresh capital in Samsung NEXT-backed roundSahara AI, a startup at the intersection of blockchain and artificial intelligence, announced on Wednesday that it secured $43 million in a Series ...
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Ways Nigeria’s FSI leaders are leveraging AI to shape future of financeLeaders in Nigeria's financial services industry are increasingly embracing the transformative potential of artificial intelligence (AI). Both fint...
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AI, Blockchain, VR, More: Here’s How India’s Fintech Sector Might Look Like In 2047As India nears its centenary of independence in 2047, the country's fintech industry is poised to emerge as a global leader, driven by advanced tec...
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IBM’s new ‘Lightweight Engine’ could be a game changer for fintechIBM recently introduced a new "Lightweight Engine" for its WatsonX.ai service, targeting primarily enterprise users but also offering potential ben...
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HKMA launches GenAI sandboxThe Hong Kong Monetary Authority (HKMA) has launched a generative artificial intelligence (GenAI) sandbox, allowing banks to experiment with the te...
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Payments Infrastructure Fintech Paddle Opens Applications for AI Launchpad for FoundersPaddle, the payments infrastructure provider, has opened applications for its third AI Launchpad, offering 75 AI founders a six-week program design...
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Gen AI startup Magic partners with Google Cloud; closes $320m funding roundMagic, a San Francisco AI coding startup founded in 2022, has partnered with Google Cloud to develop two supercomputers on the Google Cloud Platfor...
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893. News: Banking could face major job losses, Atlantic Money to challenge SWIFT, US regulatory approval for OakNorthHosts Benjamin Ensor and Nadine Timmer-Bodenstein, joined by special guests, dive into this week's major fintech and financial services news. Key t...
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Two-Year-Old Startup Uses Blockchain To Battle AI Copyright Theft And Surpasses $2B In ValuationStory Protocol has rapidly reached a $2.25 billion valuation in just two years by focusing on protecting creators' rights in the AI era. The compan...
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Klarna CEO reveals plan to reduce workforce by 50% and replace it with AIKlarna’s CEO has announced a dramatic plan to cut the company’s workforce by 50% and replace those roles with artificial intelligence, signaling a ...
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AI Can Transform Fintech Sector But Is Not Being Used Enough: Peak XV’s Shailendra SinghShailendra Singh, managing director of Peak XV Partners, highlighted a lack of artificial intelligence (AI) adoption in India's growing fintech sec...
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NZ fintech in process of launching first bank designed for Open Banking and AINew Zealand fintech company Debut is gearing up to become the country’s first locally-owned bank tailored for an open banking environment and drive...
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New AI system by Aibit enhances decision-making for fintech usersAibit, a prominent digital asset trading platform, has unveiled a new AI system aimed at improving decision-making for fintech innovators. This adv...
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Ocean Protocol Partners With Zero1 Labs to Power Decentralized AIOcean Protocol has partnered with Zero1 Labs, a decentralized AI platform, to enhance the performance and accuracy of AI solutions developed by Zer...
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A startup from ex-Revolut employees uses AI to automate accounts — but hopes to keep accountants in jobsLiveFlow, founded by former Revolut employees Anita Koimur and Lasse Kalkar, has raised $13.5 million to further its mission of automating accounti...
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Taking The Bold Swing: Staying Competitive In A Saturated MarketGenerative AI (GenAI) is creating significant buzz across industries, promising to revolutionize workflows and tackle complex tasks. As an automati...
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AI chatbot gets green light to give buy, sell investment adviceIsraeli regulator ISA has approved AI startup Bridgewise to launch a stock-picking chatbot in partnership with Israel Discount Bank, despite global...
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US Commerce Department Proposes New Reporting Requirements for AI and Cloud ProvidersThe U.S. Commerce Department has proposed new reporting mandates for developers of advanced AI and cloud computing services to enhance the safety a...
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AI and the Future of Us: An Oprah Winfrey SpecialHosted by Oprah Winfrey and featuring tech leaders like Sam Altman and Bill Gates, a new special delves into the profound impact of artificial inte...
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Exploring the intersection of data, AI and blockchain with Chainbase COOChainbase's co-founder and COO, Chris Feng, joined host Elisha Owusu Akyaw to explore how data and artificial intelligence are reshaping the blockc...
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Hong Kong considers rules for AI use in financeThe Hong Kong government is preparing to release its first policy statement on the use of artificial intelligence in finance, aiming to boost the t...
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Nine Of 10 Indian Financial Institutions Focusing On AI, Gen AI For Innovation: PwC IndiaA PwC India report reveals that 90% of Indian financial institutions are prioritizing artificial intelligence and generative AI as key drivers of i...
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Banks bet on a tech surge. It’s paying off big time as AI, software bring ‘sea change’ in productivityBankers are generating record revenues for their companies, thanks to technological advancements like online banking and artificial intelligence. S...
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We're only in 1996': Why the AI boom is still in its earliest days, according to Bank of AmericaAmid growing skepticism over artificial intelligence investments, Bank of America maintains that the AI boom is just beginning, drawing parallels t...
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Sterling Bank Migrates To Africa’s First Indigenous Core Banking SystemIn a groundbreaking move for African banking, Sterling Bank Limited has adopted SeaBaaS—the continent's first indigenous core banking solution deve...
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US, EU and UK sign world’s first international AI treatyThe global effort to harmonize values on artificial intelligence progressed after a meeting of Council of Europe justice ministers. The United Stat...
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Fintech giant Ant Group spins out AI service into a personal assistant app in ChinaChinese fintech giant Ant Group, which operates the popular payment service Alipay, has introduced a stand-alone AI app designed as a virtual assis...
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How AI Can Transform Fintech, Credit ScoringThe rapid evolution of artificial intelligence is reshaping industries, with fintech standing out as a key beneficiary. As the financial sector con...
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California governor vetoes contentious AI safety billIn a move aligning with tech industry concerns, California Governor Gavin Newsom vetoed a controversial bill on Sunday that aimed to enhance artifi...
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The Rise Of AI Face Clones Could Trigger A Fintech Identity CrisisWhile criminals embracing AI deepfakes is no surprise, what's catching experts off guard is the sudden pivot in recent months toward targeting fint...
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Payments Fintech Klarna Launches on Adyen In-Store Terminals Across Europe, North America, AustraliaIn a move to enhance consumer payment options, Klarna—the AI-driven global payments network and shopping assistant—is partnering with Adyen to intr...
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G7 Targets Anti-Competitive Practices in AI SectorAntitrust officials from the G7 nations are gearing up to address potential unfair competition in the artificial intelligence sector. With an eye o...
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China Eyes Local AI Chip Alternatives Amidst US Nvidia TensionsIn a significant turn in the global AI chip industry, China is reportedly urging users to opt for domestic manufacturers such as Huawei instead of ...
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AI is Unpredictable and the Destruction is Going to be Big in Fintech — Dave BirchAt the sixth annual conference of the Financial Technology Service Providers Association in Kampala, keynote speaker Dave Birch explored pivotal te...
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7 emerging AI-driven enterprises disrupting traditional marketsArtificial intelligence is dramatically reshaping the fintech industry by disrupting traditional banking and financial services. Startups like Bett...
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Future Banking Will Track Emotions: The Emotional AI Frontier In FinanceAdvancements in artificial intelligence and emotional analytics could make banking more personal—and more invasive—than ever before. Financial inst...
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Fintech Digital Product Researcher Pritam Bhattacherjee Explores The Impact Of Cryptocurrencies And Ai On Digital Payments In Groundbreaking StudyFintech Digital Product Researcher Pritam Bhattacherjee notes a significant shift in digital payments, driven by the rise of cryptocurrencies and t...
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The surprising way OpenAI could reportedly get out of its pact with MicrosoftThe New York Times reported tensions rising between OpenAI and its investor and partner Microsoft, as their once-close collaboration has begun to s...
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A Brave New World: The Promise And Peril Of Generative AI In BusinessIn Silicon Valley, the excitement surrounding generative AI is evident, with many early-stage startup pitches heavily incorporating the technology....
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Uprise wants to help small businesses make better financial decisionsSince the pandemic, small business creation in the U.S. has increased, but despite the availability of numerous tech tools for payroll and retireme...
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AI in FinTech data security – There’s still a long way to goAI is reshaping data security in the fintech sector, though it remains a supplementary tool rather than a replacement for current systems. Altron F...
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Joel van Dusen on how Mashreq is driving innovation in bankingBanks in the Gulf Cooperation Council (GCC) region are undergoing rapid transformation to meet the growing demand for more personalized banking exp...
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Microsoft to roll out new autonomous AI agents next month, fending off challenge from SalesforceMicrosoft is set to enable businesses to create their own autonomous AI agents starting next month, countering Salesforce, which launched its own c...
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Meet the riskiest AI models ranked by researchersGenerative AI’s potential comes with a dark side: major models like DBRX Instruct are failing critical safety checks, exposing businesses to unfore...
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Apple offers $1 million to hackers who can breach intelligence serversApple’s million-dollar security bounty signals how seriously the tech giant is taking potential breaches to its upcoming AI servers. This preemptiv...
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Is ChatGPT's new search engine OpenAI's Google 'killer'?Searching for a new search experience, OpenAI has introduced SearchGPT, challenging Google’s search dominance with an AI-driven, ad-free alternativ...
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Building the Road to 'Small Business Utopia' with AI and FintechSearching for clarity in small business lending, fintech innovators aim to solve longstanding issues of transparency and cash flow management. With...
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What Trump's 2024 Victory Means for AI: Regulation in a New EraThe Fool. Trump’s election signals a rollback of Biden’s AI regulations, sparking fresh debates over AI’s future in the U.S. His administration pla...
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Elon Musk vs. OpenAI: Emails Reveal Bitter Feud Over AI ControlThe fight for AI’s future takes center stage as leaked emails reveal a power struggle between Elon Musk and OpenAI CEO Sam Altman. From disputes ov...
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News: LATAM fintech is booming, Metrobank slapped with a hefty fine, and why Klarna chose NYC for its IPOAmid the race for innovation, fintechs are carving their paths globally. LATAM’s Nubank and Ualá showcase regional growth, while Klarna eyes a U.S....
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AI Meets Decentralization: How Blockchain Is Democratizing AIAs tech titans battle for AI supremacy, blockchain offers a decentralized counterpoint, breaking down barriers for developers and small businesses....
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5 New Unicorns Join The Board And 5 Exit In OctoberIn October, five new unicorns across AI, robotics, and fintech added $7 billion to Crunchbase’s Unicorn Board, now valued at $5.3 trillion. This su...
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Temenos Powers On-Premises Generative AI For Real-Time Banking With NVIDIA Accelerated ComputingIn the pursuit of smarter banking, Temenos brings NVIDIA-powered generative AI to financial institutions, enabling secure, on-premises data process...
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Crypto miners double down on AI hosting for more reliable cash flowCrypto mining firms are pivoting to AI hosting, turning their energy-hungry operations into reliable cash-flow generators. Galaxy Digital’s deal to...
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Why is AI failing for businesses?Despite AI's buzz, over a third of UK businesses report failed AI projects within the past year. Hurdles like unrealistic expectations, data challe...
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JPMorgan’s AI Rollout Is Augmenting Jobs, Not Replacing ThemJPMorgan’s generative AI rollout is enhancing, not replacing, jobs. Tools deployed in asset and wealth management are empowering bankers to work mo...
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Accenture, Avanade and Microsoft to launch new copilot business transformation practiceAccenture, Avanade, and Microsoft are joining forces to launch a Copilot business transformation practice. By co-investing in AI-driven solutions a...
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News: UK lenders brace for massive payouts and is the FCA 'incompetent'?Benjamin Ensor and guests dive into pivotal fintech updates: UK regulators face scrutiny, UniCredit eyes a major acquisition, Checkout.com expands ...
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AI regulation will slow innovation to speed it up, DataStax CEO saysDataStax CEO Chet Kapoor suggests government intervention in AI might be inevitable and even necessary. While Kapoor generally opposes regulation d...
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How AI and Cryptocurrencies Will Boom Under Trump's Leadership in USThe convergence of blockchain, AI, and machine learning is reshaping industries, but regulatory uncertainty looms. If Trump regains U.S. leadership...
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Lack of upskilling and reglementation is holding back GenAI adoption within financial services firmsAccording to the EY European Financial Services AI Survey, only 9% of financial leaders in Europe feel they are leading in AI adoption. While 28% r...
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Generative AI in Banking and Financial Services: Revolutionizing Regulatory and Legal AnalysisThe BFSI sector stands to gain transformative benefits from Generative AI, from enhancing compliance to improving decision-making. However, navigat...
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Qatar, United Kingdom launch project to strengthen cooperation in Artificial IntelligenceThe UK and Qatar have launched a collaborative AI research initiative led by QMUL and HBKU. The partnership aims to establish a joint roadmap for r...
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Predictions For The Tech Job Market In 2025The U.S. tech job market is set to recover in 2025 after a challenging period of layoffs and AI-driven transformations. A report by Karat and Harri...
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AI Tools Coming to Ripple Ecosystem as Atua Developer Announces $100 Million FundAtua AI developer KaJ Labs announced a $100 million fund to accelerate AI innovation on the Ripple platform. The initiative aims to introduce AI-po...
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Klarna CEO says the company stopped hiring a year ago because AI 'can already do all of the jobs'Klarna CEO Sebastian Siemiatkowski shared insights into the company’s hiring freeze amidst rising AI adoption. While Klarna serves over 575,000 ret...
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Warwick Business School Launches Fintech Innovation Lab Following £4.2m FundingWarwick Business School has launched a cutting-edge Fintech Innovation Lab with £4.2m of investment. Designed to drive fintech and AI research, the...
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Top 10 Trends For Banking In 2025 – The Future Is BackAs banks embrace AI, data, and cloud technologies to reinvent themselves, they face a paradox.
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Goldman Sachs CEO says that AI can draft 95% of an IPO prospectus in minutesGoldman Sachs CEO sees AI as a game-changer, cutting down on repetitive tasks like writing financial documents.
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Human-in-the-loop approach needed for AI to work effectively, say experts at BFSI summitExperts at the Mint BFSI Summit stress that not all banking products can be fully digitized, exposing AI’s current boundaries.
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U.S. Bank scouts for agentic AI as age of ‘do it for me’ awaitsU.S. Bank’s innovation team explored agentic AI at CES, spotlighting its transformative potential in financial services.
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How AI Is Transforming Banking and What It Means for Your MoneyAI has turned banking on its head, eliminating long queues and paperwork—but how will it reshape the way you manage your money?
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The Rise of DeepSeek and Its Founder Liang WenfengDeepSeek's R1 model, an open-source innovation, has outpaced AI giants and sparked critical debates about balancing accessibility with control in a...
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Here are all the IPOs reported to be in the works for 2025Optimism surrounds the IPO market as a new administration’s pro-business stance, including regulatory easing and support for crypto and AI, encoura...
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DeepSeek gives Europe's tech firms a chance to catch up in global AI raceGerman startup Novo AI, led by Hemanth Mandapati, quickly pivoted to DeepSeek’s chatbot, replacing ChatGPT—signaling a potential shift in AI prefer...
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DeepSeek: cheap, powerful Chinese AI for all. What could possibly go wrong?By slashing production costs and offering free access, DeepSeek has reshaped the AI landscape, empowering developers to experiment without financia...
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EU's InvestAI Initiative: Can €200 Billion Close the AI Gap with the U.S. and China?The European Union launches InvestAI, a €200 billion plan to boost its AI sector and reduce reliance on foreign technology, aiming to bridge the ga...
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DeepSeek Shakes AI Industry as China’s Open-Source Model Gains GroundChina's DeepSeek introduces a cost-effective, open-source AI model, challenging Silicon Valley's dominance and prompting U.S. tech giants to reasse...
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European Union Pledges €200 Billion to Strengthen AI Industry and Compete GloballyAt the AI Action Summit in Paris, the EU commits €200 billion to develop AI gigafactories, positioning Europe as a major player in global AI infras...
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Elon Musk's AI Firm Releases Reasoning Model Grok 3Elon Musk's xAI releases Grok 3, an AI model enhancing image analysis and powering features on X (formerly Twitter).
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Elon Musk’s Grok 3 AI Set to Challenge Chatbot GiantsxAI's Grok 3 chatbot launches, aiming to surpass OpenAI and Google with superior reasoning and problem-solving capabilities.
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The CEO of Snowflake left Google to lead the $43 billion AI company—he says a weekly war room is the secret sauce behind its recent resurgenceSridhar Ramaswamy, Snowflake's CEO, credits a weekly cross-functional "war room" strategy for revitalizing the company's growth and driving its AI ...
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Mira Murati’s Startup Launches, Poaching at Least 20 OpenAI Employees From Her Former WorkplaceFormer OpenAI CTO Mira Murati launched Thinking Machines Lab, attracting top talent from OpenAI to focus on creating AI systems aligned with human ...
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Microex Launches Web3.0 Financial Trading Solution - Pioneering Innovation in Financial TechnologyMicroex, a financial technology company based in the UAE, announced today the launch of its new Web3.0 financial trading platform, marking a signif...
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How is GenAI disrupting the Finance & Banking sector, and which use cases should your organization be exploring? Join our webinar to delve into these subjects together.Join our free 1-hour webinar on March 12th at 1pm CET to discover how Generative AI is transforming financial services. We’ll cover real-world appl...
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How is GenAI disrupting the Finance & Banking sector, and which use cases should your organization be exploring? Join our webinar to delve into these subjects together.Join our free 1-hour webinar on March 12th at 1pm CET to discover how Generative AI is transforming financial services. We’ll cover real-world appl...
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Baidu to unveil ChatGPT AI rival Ernie Bot on March 16 - reportChatGPT, the AI product created by OpenAI and backed by Microsoft, continues to make headlines, but there might be a strong competitor around the c...
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Backend Software Engineer, GrowthWe are looking for an experienced backend engineer to join our new ChatGPT Growth team to spearhead high-impact projects that amplify the user base...
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FullStack Software Engineer, GrowthOpenAI is looking for an experienced fullstack engineer to join their new ChatGPT Growth team to spearhead high-impact projects that amplify the us...