Artificial Intelligence

AI Powered Cyberattacks Underscore Growing Threat of Artificial Intelligence in the Hands of Bad Actors – Report

SoSafe’s 2024 research report, based on key insights from 500 global security professionals and 100 customers across 10 different countries, reveals a fast-evolving cybersecurity landscape that poses major challenges for individual and organizations. A considerable 87% of respondents encountered AI-driven cyberattacks last year, underscoring the… Read More

Alloy Adds AI to Fraud Detection Service

Anti-fraud platform Alloy says it has added artificial intelligence to its platform to improve fraud prevention while providing actionable information to financial services firms. Founded in 2015, Alloy reports providing services to more than 600 of the world’s largest financial institutions, including Fintechs. Alloy claims… Read More

DeFi Technologies Acquires Stake in Swiss AI and Asset Management Firm Neuronomics AG

DeFi Technologies Inc, a financial technology company that pioneers the convergence of traditional capital markets with the world of decentralized finance (DeFi), is pleased to announce that it has increased its stake in Neuronomics AG, a Swiss asset management firm “specializing in artificial intelligence and… Read More

Digital ID Verification Platform Socure Launches Identity Manipulation Risk Score

Socure, the AI-driven platform for digital identity verification, fraud prevention, and sanctions screening, announced the launch of its Identity Manipulation Risk Score, the cross-industry predictive risk score designed to stop repeat first-party fraud abusers from “exploiting the digital economy at scale.” This AI-powered capability is… Read More

Biometric Identity Verification Firm authID Shares Approaches to Combat Threat of Deepfakes Fraud

authID (Nasdaq: AUID), a provider of biometric identity verification and authentication solutions, released an extensive new whitepaper detailing innovative approaches to combat the rising threat of deepfakes related fraud in digital authentication systems. The whitepaper, titled “Deepfake Countermeasures,” provides insights into deepfakes as the next… Read More

Accenture Ventures Announces Investment in Aaru, an AI-enhanced Prediction Engine

Accenture (NYSE: ACN) announced that Accenture Ventures has invested in Aaru, creators of the AI-powered prediction engine that simulates consumer behavior and preferences, driving “stronger” customer experiences, new growth opportunities as well as “speed-to-market.” As part of this collab, Accenture Song reportedly intends to integrate… Read More

EY Announces AI Capabilities for Blockchain Analyzer to Improve Vulnerability Detection, Streamline Smart Contract Reviews

The EY organization announces the launch of new artificial intelligence (AI) capabilities to its EY Blockchain Analyzer: Smart Contract and Token Review (SC&TR) tool. The SC&TR tool is designed to help enhance “vulnerability detection in smart contracts through greater code coverage and streamline the contract… Read More

Redcompass Labs CEO: UK Banks are Held Back by Increasing Costs, a Lack of Deep Payments Expertise

  Multiple High Street banks recently experienced App outages impacting customer usage of their services. Making matters worse, the Parliament Treasury Committee issued a report sharing that: “Nine of the top banks and building societies operating in the UK accumulated at least 803 hours, the… Read More

Shield AI Reports $240 Million Funding Round, Valued at $5.3 Billion

Shield AI is reporting a $240 million funding round at a pre-money valuation of $5.3 billion. Investors include L3Harris (NYSE: LHX), Hanwha Aerospace (KRX: 012450), as well as participation from existing investors including Andreessen Horowitz, U.S. Innovative Technology, and Washington Harbour. The company said that… Read More

Payment Network for AI Agents Skyfire Exits Beta, Claims Rapid Adoption

Skyfire issued a statement today indicating it has exited Beta after reporting the rapid adoption of its services. Skyfire is a payment network for artificial intelligence. The company states that it enables autonomous transactions, enabling AI agents, LLMs and enterprises to transact securely Amir Sarhangi,… Read More

Generative AI and Agentic Commerce Poised to Enhance UX – Report

The evolution of generative AI and agentic commerce is poised to transform the customer journey, streamlining the path from awareness to purchase and beyond. A research report from CBInsights outlines three key predictions for how these technologies will reshape the shopping experience across its five… Read More

SEC Investor Advisory Committee Meeting on March 6th. Discussion Topics include Retail Fraud and AI

The SEC’s Investor Advisory Committee (IAC) will hold a meeting on March 6, 2025 to discuss several topics including retail fraud and Artificial Intelligence’s (AI) impact on operations. The first panel is as follows: Disclosure of Artificial Intelligence’s Impact on Operations AI poses a variety of… Read More

Regtech Socure Introduces AI Copilot to Enhance Global Watchlist Screening and Monitoring Solution

Socure, the provider of artificial intelligence (AI) for digital identity verification, compliance, and fraud prevention, announced the launch of the company’s AI-powered assistant for its Global Watchlist Screening and Monitoring solution. This AI-driven assistant transforms watchlist screening by improving “how organizations handle sanctions, politically exposed… Read More

Artificial Intelligence (AI) Roundtable Scheduled at SEC

The Securities and Exchange Commission (SEC) will hold a roundtable on Artificial Intelligence (AI). The event will be held at SEC headquarters in Washington, DC, and is open to the public for either in-person or virtual attendance. AI is currently in use at most large,… Read More

Cybersecurity Startup Archipelo Secures $12m in Funding

Cybersecurity startup Archipelo has raised $12 million in funding to expand its developer security posture management (DevSPM) platform, according to a company announcement. The round included a $4 million pre-seed and an $8 million seed round, led by Dell Technologies Capital, with participation from Zoom… Read More

Marqeta’s Alan Carlisle Sees Strong Compliance As a Strategic Advantage

While political priorities come and go, strong compliance practices should remain constant. Done properly, Marqeta’s chief compliance officer Alan Carlisle said they are a competitive advantage. Carlisle offers more than 25 years of compliance experience with Marqeta (NASDAQ:MQ), SoFi, banks, broker-dealers, crypto firms, and venture… Read More

AI and Blockchain Innovations Accelerate Singapore’s Fintech Ecosystem Growth Amid Investment Recalibration – Report

Singapore’s fintech sector “recalibrated” in 2024, with investment totaling $1.3 billion, the lowest level seen since 2020 according to a report from KPMG. This strategic pivot reflects a global trend “as fintech investment reached a seven-year low of US$95.6 billion.” Despite reduced funding levels, Singapore’s… Read More

White House Asks for Feedback on AI Policy

As the Trump Administration seeks to pursue policy that enhances artificial intelligence (AI) development as the world competes to dominate the emerging tech, the executive branch has asked for feedback on AI innovation as part of an executive order by the White House that is… Read More

Taktile Reports New Funding to Support Safe AI Adoption for Decision Making in Financial Services

Taktile – a decision automation platform – has reportedly raised $54 million in a Series B funding round, to continue enabling teams at fintech companies and financial institutions to optimize risk management strategies across the customer lifecycle. The investment round in the company was reportedly… Read More

Dynamo AI Helps Accelerate Experian’s GenAI Adoption

Dynamo AI, makers of compliant-ready AI for the enterprise, announced that Experian has productionized Dynamo AI’s security and compliance suite to enable deployment of generative AI (GenAI) capabilities across its operations. The relationship, which reportedly began back in 2023, has now enabled Experian “to scale… Read More

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