Tag: AI

Medius unveils innovative Fraud & Risk Detection platform

Medius, recognised as a formidable player in providing AP Automation and comprehensive Spend Management solutions, today announced the launch of their new product, Fraud & Risk Detection, aimed at ensuring businesses preemptively counteract fraud and maintain robust control and visibility throughout the invoice to pay lifecycle.

A deep dive into US cross-industry group looking to probe AI...

In a move aimed at investigating the risks and applications of AI in cybersecurity, the R Street Institute has orchestrated a six-month-long working group.

Verisoul secures $3.25m funding to tackle fake user menace with AI

Verisoul, an innovative company that leverages artificial intelligence (AI) to ensure the authenticity of users, has proudly announced its latest seed funding round, securing a total of $3.25m.

ECB experiments with ChatGPT-style AI

The European Central Bank is exploring the use of ChatGPT-like large-language models for document analysis and software testing.

AI and ESG trends transforming wealth management in 2023

Economic uncertainties have seen Western economies grapple with challenges such as high-interest rates, amidst geopolitical issues like the war in Ukraine. This ripple effect has significantly impacted the wealth management sector.

Lumu Technologies bags $30m in Series B for cybersecurity boost

Lumu Technologies, a cybersecurity innovator, is buzzing with excitement as they unveil their $30m Series B funding coup. This round was spearheaded by Forgepoint Capital, demonstrating robust investor confidence in Lumu's vision and operational prowess.

Bengaluru-based FinTech Bright Money secures $62m

Bright Money, a consumer FinTech firm, has announced a successful closure of its latest funding round, amassing an impressive $62m.

How Ushur is pioneering the future of InsurTech with advanced CXA

For many insurers, providing a satisfactory customer experience is at the forefront of their ambitions. One such InsurTech is Usher, who prides themselves on their industry-leading solution, Customer Experience Automation (CXA) platform. But why is this solution so groundbreaking? And can it be the silver bullet many carriers need?

Amazon to invest up to $4bn in AI startup Anthropic

Amazon is stepping up its presence in the AI landscape with a colossal investment of up to $4bn in the AI startup, Anthropic.

Tether commits to AI strategy with €400m NVIDIA chip purchase

Tether has committed to its strategy investing into AI technologies by purchasing over 10,000 NVIDIA H100 Tensor Core GPUs, a type of chip, at a total cost of approximately €400m.

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