Vena grows context engine with Morpheo AI acquisition
Toronto-based financial and operation planning SaaS provider Vena Solutions has acquired Morpheo AI, an agentic data platform that structures fragmented ...
Tag: News
Microsoft abandons personal AI chatbot race with Copilot reboot
Microsoft Corp. is merging the consumer and workplace versions of its Copilot AI assistant into one product aimed at corporate ...
Bill Gates warns AI powerful enough to lead to ‘a billion deaths’
Microsoft Corp. co-founder Bill Gates warned that AI is a “powerful enough” tool to kill off a substantial portion of ...
Out with old: A modernization playbook for lending in AI era
Lenders operating on older legacy systems face an uphill battle to adopt AI, necessitating a meticulous modernization strategy. Nearly 75% ...
Feedzai launches ‘always-on’ AI agent for fraud prevention
Fraud mitigation service provider Feedzai today launched Farol, an AI agent built to shorten fraud identification and response times and ...
6 banks co-author principles for creating unified agentic commerce infrastructure
ASB Bank, Bank of America, Capital One, Commonwealth Bank of Australia, ING Group and NatWest Group have published principles for ...
Inside look: DR Bank’s AI and Automation Council
DR Bank is opting for a decentralized approach to deploy AI. AI decisions for the bank are made by an ...
Transactions: SECU taps Akuvo for collections automation
State Employees’ Credit Union and Embers Credit Union have bolstered their automation capabilities across the loan life cycle via fintech ...
Lloyds keeping ‘eye on’ AI insurance trend
Lloyds Banking Group is closely watching the emerging market for insurance products designed to cover liability related to AI hallucinations. ...
C-Suite alignment is ‘most important piece’ of AI puzzle
When a bank’s board demands updates on the escalating AI race between financial institutions, the CEO promises more aggressive tech ...
