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AI in Finance
Fermyon & Akamai Partner to Bring Blazing-Fast Serverless AI to the Edge
Fermyon Technologies, a leader in serverless WebAssembly (Wasm), has announced a strategic partnership with Akamai to bring edge-native AI and serverless applications to the world’s largest distributed cloud and content delivery network (CDN). The new Fermyon Wasm Functions engine will enable businesses to deploy blazingly fast, portable, and polyglot Wasm-based applications on Akamai’s global network. Read More
LinkSquares Unveils Agentic AI for Smarter Contract Lifecycle Management
LinkSquares, a leader in AI-powered contract lifecycle management (CLM), has announced a revolutionary agentic AI architecture and conversational interface powered by LinkAI. This innovation redefines how AI enhances contract management, allowing legal, sales, finance, and procurement teams to engage with contracts more efficiently. By combining generative and extractive AI capabilities, LinkAI delivers unmatched accuracy, speed, and strategic clarity. Read More
Treasure Global to Build AI Cloud Platform in Malaysia for Trillion-Scale Models
Treasure Global Inc. (TGL), a Nasdaq-listed technology company, has announced a strategic initiative to develop an advanced AI cloud platform in Malaysia. Designed to support AI models up to one trillion parameters, this initiative positions Malaysia as a key player in Southeast Asia’s AI ecosystem. By leveraging cutting-edge GPU clusters and high-performance computing (HPC) technology, TGL aims to power large language models (LLMs), generative AI, and computer vision applications. With phased deployment set for 2025, this move will drive innovation across multiple industries, including finance, healthcare, and logistics. Read More
Datavault AI Joins IBM Partner Plus to Revolutionize AI-Powered Data Monetization
Datavault AI Inc., a leader in AI-driven data experience, valuation, and monetization, has joined IBM’s prestigious Partner Plus program. As one of IBM’s 500 global partners, Datavault AI will leverage IBM watsonx™ to enhance its AI-powered financial modeling and tokenization capabilities, redefining data as a financial asset. This partnership strengthens Datavault AI’s patented Data Vault Web 3.0 platform, integrating advanced AI governance, automation, and synthetic data generation. With support from strategic alliances—including CLEAR for KYC compliance and NYIAX for data exchange integration—Datavault AI is positioned at the forefront of the AI-driven data economy. Read More
Emotion AI Market to Reach $13.8 Billion by 2032 | 22.7% CAGR
The global Emotion AI Market, valued at $1.8 billion in 2022, is projected to grow to $13.8 billion by 2032, expanding at a 22.7% CAGR. This growth is fueled by advancements in AI & ML technologies, increased biometric & facial recognition adoption, and rising demand for emotion detection solutions across industries. Read More
BERNER Group Implements xSuite for AI-Driven Invoice Automation
The BERNER Group, a leading European trading company and manufacturer of chemical products, has selected xSuite to automate incoming invoice processing. The AI-powered solution will be rolled out first in Benelux before expanding to other European subsidiaries. This strategic move aims to enhance efficiency, standardization, and compliance in procurement and accounting operations. Read More
AI in Finance: Real-Time Clarity & Accuracy with Zeni’s Automation
1. What are the key considerations for implementing AI automation in workflows without disrupting existing processes? I always recommend a gentle rollout. Start with a small slice of your finance workflow—maybe categorizing expenses or reconciling transactions—so the team builds trust in the AI. Map out your processes clearly, communicate what’s changing (and why), and train... Read More
Viewpoint with Dennis Quaid Highlights onPhase’s AI-Driven Finance Automation
Viewpoint, the acclaimed educational program hosted by Dennis Quaid, is set to feature onPhase, a leader in AI-driven finance automation. The segment will explore how artificial intelligence and machine learning are revolutionizing financial processes, eliminating inefficiencies, and enhancing organizational control. In an era where businesses prioritize efficiency, accuracy, and automation, AI is playing a pivotal role in reshaping financial operations. The Viewpoint episode will provide a deep dive into how onPhase’s automation solutions are streamlining invoice approvals, procurement, accounts payable, and payment reconciliation, reducing human error and increasing overall productivity. Read More
AI in Banking Compliance: Future-Proofing KYC & AML
1. With only 29% of financial institutions currently using generative AI for financial crime detection, what are the primary barriers to adoption, and how can banks overcome these challenges? The adoption of generative AI in financial crime detection remains limited, largely due to several key challenges. First, there is a natural reluctance within teams, driven... Read More
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