15 articles tagged
Southeast Asia's largest bank, DBS, is projecting over $768 million in revenue from its AI initiatives this year, challenging the industry narrative of low returns.
Fintech startup QuantumVest has launched InsightAI, an artificial intelligence platform designed to give retail investors access to institutional-grade market analysis tools.
Google is rolling out major AI-powered updates to its Finance platform, including a deep search function, prediction market data, and enhanced earnings call tools.
A new AI agent from Built Technologies is reducing construction loan approval times from weeks to just three minutes, promising to transform real estate finance.
Fintech firm Upstart saw its stock fall 14.8% after its AI lending model unexpectedly tightened credit, causing a miss on loan origination targets.
Bank of America has increased its annual strategic technology spending to $4 billion, a 44% rise over the past decade, focusing on large-scale AI projects.
Employees are increasingly using generative AI to create realistic fake expense receipts, posing a significant new challenge for corporate fraud detection.
Sequoia Capital has led a new investment round in AI startup Rogo Technologies, valuing the company at $750 million as it aims to automate investment banking tasks.
JPMorgan Chase is now offering its 300,000+ employees an internal AI tool to help draft annual performance reviews, signaling a major shift in corporate processes.
Varun Agarwal, a 25-year-old analyst, left a stable job at JPMorgan for OffDeal, an AI-powered investment bank, to increase deal volume and efficiency.
Klarna CEO Sebastian Siemiatkowski warns that many tech leaders are downplaying AI's significant impact on jobs, stating a "massive shift" is coming to knowledge work. Klarna itself halved its workfor
India has launched a pilot program with NPCI, OpenAI, and Razorpay, allowing consumers to make UPI payments directly within the ChatGPT interface.
