Portrait Analytics, an AI-powered startup, has recently secured $7 million in funding to develop an advanced research platform aimed at revolutionizing the investment analysis process. With the goal of accelerating the speed of discovery, the startup aims to assist analysts in reducing the overwhelming amount of reading required for comprehensive research. By incorporating cutting-edge generative AI search and summarization techniques,
In recent years, the convergence of artificial intelligence (AI) and blockchain technology has opened up new possibilities for businesses across various industries. This fusion holds immense potential for generating significant financial benefits, both in terms of cost savings and revenue generation. By seamlessly integrating AI with blockchain, businesses can automate processes, optimize operations, enhance security, attract more participants, and explore
In today’s digital age, the boundaries between different industries are blurring, leading to the integration of financial services into platforms that were once unrelated to finance. This emerging trend, known as embedded finance, has gained significant momentum, transforming the way organizations offer seamless and personalized financial experiences to their clients. In this article, we will delve into the various aspects
Payment Asia, a leading payment solutions provider, has introduced an innovative AI-powered processing service in Hong Kong. This cutting-edge service offers automated merchant onboarding, AI customer service, and an auto accounting system. Payment Asia’s aim is to elevate environmental, social, and governance (ESG) standards in the payments industry, streamline operations, and promote sustainability in financial services. Merchant Onboarding Process Payment
In an era dominated by technological advancements, Taxfyle AI stands strong as a game-changing solution for tax professionals. With its ability to automate labor-intensive tasks, Taxfyle AI has become an indispensable tool for accuracy, efficiency, and reduced complexity in tax preparation. This article explores the multifaceted benefits and implementation of Taxfyle AI while highlighting its competitive edge in the accounting
In the rapidly evolving world of artificial intelligence, there is a growing need to bridge the gap between correlation and causation. Causal inference emerges as a crucial tool that enables AI systems to reason about causality and make more reliable predictions. In the context of the financial industry, where accurate risk assessment, portfolio management, and decision-making are vital, incorporating causal
The financial sector is undergoing a transformative shift as the boundaries between traditional financial companies and companies from other sectors continue to blur. This evolution is driven by the expansion of traditional financial firms into new offerings and the entrance of non-financial companies into the financial services arena. In this article, we will explore the various ways in which these
In today’s world, offering seamless and convenient retail finance options has become essential for merchants to stay competitive and boost customer satisfaction. Divido Connect, a game-changing platform, has emerged as a pioneering solution that enables merchants to offer retail finance from a vast network of lenders across the UK and Europe. With its omnichannel capabilities, Divido Connect empowers merchants to
The world of cryptocurrencies has witnessed exponential growth in recent years, with millions of users actively participating in this exciting new market. However, acquiring meaningful insights from the vast amount of crypto data has been a significant challenge. London-based Generative AI startup, SuperSight, is on a mission to redefine the crypto data landscape with its revolutionary Large Language Models (LLMs).
The near-universal view of the last couple of years that embedded finance was going to imminently transform banking has given way to a lot of doubt and skepticism. However, despite current uncertainties, it is crucial to recognize that embedded finance has the potential to revolutionize the banking industry. The key lies in addressing the infrastructure and expertise gaps that currently
Neobanks, also known as digital banks or challenger banks, have disrupted the traditional banking sector using technology to provide innovative and customer-centric financial services. This article explores how neobanks have prioritized mobile banking, the concept of embedded finance, the broadening access to financial services, the role of personalization and data utilization, the importance of partnerships, the advantages and consequences of
In today’s increasingly digital world, the threat of fraud and scams looms larger than ever before. Over the past few years, advances in technology, particularly artificial intelligence (AI), have been exploited by cybercriminals, leading to a surge in fraudulent activities. This article delves into the growing concerns surrounding AI fraud and scams, the impact on users, the staggering monetary losses
