Fintech funding remains robust, sovereign wealth funds pull back
Despite economic uncertainty and low liquidity in certain sectors of the economy, fintech funding has been relatively robust as several AI providers secured money this month. ...
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Lloyds AI-generated value to reach $134M in 2026
Lloyds Banking Group reported substantial value from AI deployment within lending, complaint management, fraud detection, customer service and engineering in the second quarter. Lloyds...
AI CapEx lays groundwork for future growth, Fed chair says
The Federal Reserve’s benchmark interest rate held steady on July 29 in a 9-3 vote, as new Chairman Kevin Warsh pointed to surging AI-driven capital investment as a defining feature of the economic...
ING closes mortgages in 30 minutes with agentic tool in select markets
ING Bank is streamlining lending processes and client communication with agentic AI. The Netherlands-based bank rolled out an agentic mortgages tool in the second quarter that helps consumers apply for a mortgage and submit documents while the bank...
Fortinet’s billing for AI-driven security operations grows 25% in Q2
Cybersecurity and networking firm Fortinet is enhancing its products to meet evolving needs as AI grows in sophistication and scope....
