Tagged: artificial intelligence

November 18, 2025 @ 3:40 pm By Omar Faridi  |  

Artificial intelligence (AI) is now becoming a key driver in accounting and is also said to be noticeably changing processes. Over half of companies (53 percent) currently use AI in this area or are “in the process of implementing it.” This is shown by the… Read More

November 13, 2025 @ 11:23 pm By Omar Faridi  |  

Tether, which claims to be one of the largest companies in the digital asset ecosystem, is taking a step forward to advance open, freedom-first AI and cloud services. Tether has signed an agreement to lease a share of a 20,000+ GPU network to power its… Read More

November 12, 2025 @ 2:05 pm By Omar Faridi  |  

KPMG noted recently that treasury managers currently tend to operate at the interface of financial stability, digital tech advancements and strategic corporate management. KPMG pointed out that as a result of this, they typically have to deal with a range of challenges, such as the… Read More

November 11, 2025 @ 6:50 am By Omar Faridi  |  

CB Insights noted in a report that October’s record funding indicates that the AI infrastructure buildout remains far from over, with OpenAI’s $22.5B raise accounting for about half of the month’s total.  However, CB Insights also pointed out that unlike September’s relatively more concentrated focus… Read More

November 7, 2025 @ 3:45 pm By Omar Faridi  |  

Deloitte Tax LLP announced an expanded alliance with Snowflake, the AI Data Cloud firm, in order to transform tax data management solutions. This collab will leverage the strengths of the organizations in an effort to combat cloud modernization obstacles and enable cloud data solutions and… Read More

November 6, 2025 @ 4:32 pm By Omar Faridi  |  

The UK Treasury has asked the Financial Services Skills Commission (FSSC) to prepare a report on AI focused skills requirements, training as well as ongoing tech advancements in financial services. With AI talent in growing demand and increase in the technology’s overall adoption, the United… Read More

November 3, 2025 @ 2:58 am By Omar Faridi  |  

Crypto.com has recently announced the introduction of its Model Context Protocol (MCP), Crypto Market Data by Crypto.com, in order to offer a high-performance cryptocurrency and financial data service that now integrates directly with AI large language models, such as Anthropic’s Claude as well as OpenAI’s… Read More

October 15, 2025 @ 8:13 am By Omar Faridi  |  

UK Finance has noted that AI adoption has risen in terms of compliance, but measurement continues to lag behind. According to the UK industry body,  it should actually be no secret that FIs are trying to adopt artificial intelligence across different areas of risk as… Read More

September 29, 2025 @ 4:46 pm By Omar Faridi  |  

The professional services landscape is undergoing a shift as artificial intelligence algorithms are leveraged to enhance operations. According to a recent CB Insights report, enterprise demand for AI is surging, with intelligent agents transforming workflows across industries. In 2024, private AI agent solutions and their… Read More

September 29, 2025 @ 4:45 pm By Michael Wong  |  

Hong Kong-based fintech platform WeLab announced an artificial intelligence partnership with Google to accelerate digital banking across Asia Pacific, as the company targets serving 500 million users by 2032 with AI-powered financial services. The collaboration will see WeLab leverage Google’s advanced AI models and cloud… Read More

September 23, 2025 @ 11:02 am By Omar Faridi  |  

In an era where technological advancements are accelerating, Bain & Company’s Technology Report aims to serve as a vital compass for business leaders. Released this month, the  research report dissects the shifts in the tech landscape, positioning artificial intelligence as the force reshaping economies, societies,… Read More

September 15, 2025 @ 11:13 am By Michael Wong  |  

Demand AI Group Inc, an artificial intelligence-driven business-to-business marketing company, said it has closed a $2.5 million funding round backed by international institutional investors and strategic local partners. The investment will fuel global expansion for the Denver-based startup, which has established operations in nine countries… Read More

September 14, 2025 @ 11:52 pm By Omar Faridi  |  

Ernst & Young LLP (EY) has launched EY Growth Platforms (EYGP), an artificial intelligence enabled solution powered by neurosymbolic AI. Announced recently, this update from the EY-Parthenon practice aims to enable businesses to identify untapped opportunities, predict market shifts, and unlock revenue at scale. As… Read More

September 11, 2025 @ 5:37 pm By Omar Faridi  |  

Fintech Dave Inc. (Nasdaq: DAVE), a US based neobank, continues to focus on the fintech sector with its advancements in AI-driven financial services, shareholder initiatives, and steady financial performance. As mentioned in the update from neobanking platform Dave, the company announced the full implementation of… Read More

September 9, 2025 @ 6:03 pm By Omar Faridi  |  

Deloitte announces the launch of its global AI Infrastructure Center of Excellence, dedicated to supporting clients in establishing and operating specialized AI data centers. This initiative comes in response to “client demand for scalable, secure, and efficient AI infrastructure solutions, fueled by the growth of… Read More

September 9, 2025 @ 4:15 pm By Omar Faridi  |  

In an era where AI is reshaping industries, not all small business owners are  shying away from the technology’s rise. Instead, they appear to be leaning in, using it to amplify their limited resources and compete on a bigger stage. Eyal Lifshitz, CEO of Bluevine—the… Read More

September 9, 2025 @ 9:45 am By Omar Faridi  |  

iCapital, the global fintech shaping focused on improving investing, announced an investment in, and partnership with, Tangible Markets, a liquidity solutions provider for private market positions held via wealth management channels. Together, the firms will develop scalable liquidity solutions “for alternative investment funds – helping… Read More

September 6, 2025 @ 11:25 am By Omar Faridi  |  

Bank of America (NYSE: BAC) continues to drive product development in financial services, addressing evolving consumer needs through enhanced employee benefits, cutting-edge AI technology, and tailored financial products. Recent announcements highlight the bank’s commitment to enable clients and employees, with significant updates including a doubling… Read More

September 4, 2025 @ 4:50 pm By Omar Faridi  |  

Ernst & Young LLP (EY) announced the establishment of a new Databricks Center of Excellence in Mexico City, Mexico, underscoring its commitment to advanced data analytics and artificial intelligence. This investment expands the firm’s current US-based Databricks Center of Excellence to Mexico for “nearshore global… Read More

September 3, 2025 @ 8:20 am By Omar Faridi  |  

Artificial intelligence has reportedly moved from pilot to performance for UK financial institutions. According to the latest Lloyds’ Financial Institutions Sentiment Survey, the sector is entering a new phase of AI maturity, with firms reporting tangible business benefits and “increased investment in the technology over… Read More