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AI in Finance
Mindwell Solutions Group Holdings Acquires Manifest Technologies Group to Strengthen AI-Powered Accounts Receivable and Debt Recovery Solutions
In a strategic move to enhance its technology portfolio, Mindwell Solutions Group Holdings (MSGH), a subsidiary of TransGlobal Assets Inc., has announced the acquisition of Manifest Technologies Group. This acquisition focuses on the integration of advanced artificial intelligence (AI) solutions for the accounts receivable (AR) and debt recovery industry, setting the stage for MSGH to expand its capabilities in financial technology. By incorporating Manifest Technologies' AI-driven tools, MSGH aims to optimize financial processes, improve customer engagement, and deliver smarter solutions for businesses in debt recovery. Read More
Cognizant & ServiceNow Launch AI-Powered Dispute Management for Mid-Market Banks
Cognizant has partnered with ServiceNow to launch an AI-powered dispute management solution designed for mid-market banks in North America. This Business Process as a Service (BPaaS) offering streamlines the dispute resolution process, enhances customer satisfaction, and helps banks reduce chargeback losses while ensuring regulatory compliance. With fragmented systems, operational inefficiencies, and high customer dissatisfaction, mid-market banks face significant challenges in dispute resolution. Cognizant’s AI-driven solution integrates ServiceNow’s dispute management technology with advanced automation, analytics, and multi-channel intake, ensuring faster, more efficient resolutions with minimal manual intervention. Read More
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
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