Thursday, 12 June 2025
Precisely, the global leader in data integrity, today announced the early adopter release of its Intelligent Autocomplete solution for Automate Evolve – an artificial intelligence-driven capability designed to simplify the complexity of materials management in SAP. Leveraging a proprietary algorithm, the solution pre-populates hundreds of required form fields, transforming manual data entr
FlowX.AI unveiled FlowX.AI 5, a groundbreaking technology that enables banks and financial institutions to modernize their business processes and technology faster, more securely, and more cost-effectively than ever before. Unlike traditional systems that become harder to change over time, FlowX.AI 5 was built to get faster with each iteration - enabling business and tech teams to d
Fund is backed by nine institutional investors and further cements Plug and Play as the largestcorporate innovation platform in the world Plug and Play, one of the world's most active early-stage investors, announced during its Silicon Valley June Summit 2025 the closing of its $50 million Fintech & AI Fund with nine institutional investors. Plug and Play runs nine funds in total. The fund
Markel Insurance ("Markel"), the insurance operations within Markel Group Inc. (NYSE: MKL), announced a strategic collaboration with Insurate, an innovative insurtech company specializing in the middle-market workers compensation sector. Insurate leverages artificial intelligence (AI) and next-generation safety scoring methodologies to underwrite and manage complex workers compensation risks. T
Burstverse, the pioneer behind the next-generation AI-driven decentralized finance (DeFai) platform, announced the successful closure of its seed funding round. This crucial investment attracted a distinguished group of Web3 and AI-focused investors, including Borderless Capital, Bigbrain Holdings, Maelstrom, Lattice Fund, Selini Capital, Symbolic Capital, and Node Capital. Burstverse
Sinecure.ai, the AI-powered recruiting workflow platform that's reimagining the hiring process, announced the rollout of a new usage-based pricing model that eliminates traditional "per-seat" licensing in favor of a format that starts free and scales with usage. This strategic shift makes advanced AI recruiting automation accessible to hiring teams of all sizes and removes the barrier of upfront
Indico Data, The Decision Automation Company™, announced the launch of the insurance industry's first Agentic Decisioning Platform, a purpose-built suite of AI Agents & Agentic Solutions that redefine how insurers handle underwriting and claims decisioning. The platform includes Agent Studio, Agent Builder, and Agent Workflow Canvas—a complete agentic AI ecosystem designed
Infosys BPM, the business process management arm of Infosys (NSE: INFY) (BSE: INFY) (NYSE: INFY), announced the launch of AI agents for invoice processing within its flagship Infosys Accounts Payable on Cloud solution. Powered by Infosys Topaz, the innovation redefines invoice processing by moving from a human-driven, AI-supported model to an autonomous AI-first approach, which e
Rillet, the AI-native ERP (enterprise resource planning) platform, announced $25M in Series A funding led by Sequoia Capital. This round, which comes 10 months after Rillet's last fundraise, includes existing investors First Round Capital, Creandum, Susa Ventures and top angels, such as former NetSuite CFO, Ron Gill and Lee Kirkpatrick, former Twilio CFO. Many a
Phyn, the industry leader in intelligent water solutions, has been acquired by a powerhouse group of investors led by entrepreneur and television personality Jonathan Scott. This strategic acquisition transitions Phyn from Belkin's ownership to a newly independent company backed by a high-profile group of investors with deep experience in technology, real estate and entertainment united in the
Azentio Software, a leading technology enabler in the BFSI space, announces the launch of its next-generation Amlock anti-money laundering (AML) platform, bringing powerful new capabilities to financial institutions in the fight against financial crime. Powered by advanced AI and machine learning, Amlock is designed to significantly improve detection accuracy, reduce operational workload, and en
Saifr®, a leading AI technology company incubated within Fidelity Labs, announced an expansion of its integration with Microsoft bringing a Saifr compliance AI agent to Microsoft Azure AI Foundry. This marks the next step in Saifr's mission to meet clients where they work, after Saifr AI models were added to the Microsoft Azure AI Foundry model cataloglast year. Now Microsoft customers can b
The round was led by OM/VC (formerly Vectr Fintech) and MS&AD Ventures. New investors include Citi North America and Rustem Family office. Returning investors include 500 Global, Epic Angels, 1982 VC, and Big Sky Capital. CrediLinq operates in the embedded finance sector, enabling B2B platforms to offer financing solutions. Its AI-powered technology infrastructure integrates into online p
Fintica AI Ltd, a pioneer in next-generation artificial intelligence technologies for capital markets, and Mima Wallet, a Hong Kong-based firm specializing in secure crypto wallet infrastructure with a strategic focus on Mainland China and the Greater China region, today announced a strategic partnership and the launch of their joint venture: Fintica Crypto Ltd. This collaboration marks a pivot
Broadridge Financial Solutions Inc. (NYSE:BR) has been awarded a new U.S. patent on its large language model (LLM) orchestration of machine learning agents. These patented methods and systems are behind BondGPT, Broadridge's award-winning GenAI application first demonstrated in the market in the LTX e-trading platform, a Broadridge subsidiary. BondGPT was released in June 2023, followe
Stash, the revolutionary platform helping millions build financial futures, announced today that it has secured $146 million in an oversubscribed new Series H funding through a round led by Goodwater Capital, with participation from returning investors Union Square Ventures, StepStone Group, Serengeti, and the University of Illinois Foundation, as well as funds and accounts advised by T. Rowe Pr
Accesses deep domain experience and capabilities from EY to help transform critical functions across the entire enterprise. Delivers an EY managed service solution embedded with AI capabilities, as well as advanced cloud technology from SAP, to provide a state-of-the-art data infrastructure. Equips high-growth businesses with the freedom to focus on confident compliance a
CredCore, a vertical-AI company transforming the debt capital markets, is now part of FactSet's AI Partner Program and will begin to integrate FactSet's trusted Debt Capital Structure (DCS) DataFeed into CredCore's AI platform. This collaboration aims to integrate CredCore's domain-specific AI solutions with FactSet's comprehensive financial data, enhancing efficiency and innovation in the $5 t
Vanguard launched its first client-facing Generative AI (GenAI) capability that equips financial advisors with efficient and personalized content for client communications. Vanguard's Client-Ready Article Summaries produce customizable synopses of its top-read market perspectives tailored by financial acumen, investing life stage, and tone. It also generates the necessary disclosures to accompan
YäRKEN, the first AI native IT Financial Management (ITFM) platform for enterprise clients has announced a fundraising round led by 1982 Ventures. This funding will enable YäRKEN to further develop its AI capabilities and scale its customer base across North America. The ITFM market is projected to grow at 12.7% per annum and hit US$14 billion (according to Business Research Insights,
Klear.ai, the leader in intelligence–powered claims and risk solutions, is supporting the Alaska Public Risk Alliance (APRA) as it embarks on a bold initiative to modernize and unify claims operations across its soon-to-be consolidated public risk pools—formerly AMLJIA and APEI. With claims operations currently divided between two legacy systems—Claim Pilot a
- IBM and the EY organization continue to build upon their multiyear alliance, announcing the availability of EY.ai for tax, built with IBM watsonx. The alliance couples watsonx, IBM's portfolio of artificial intelligence (AI) technologies, with the EY organization's deep domain experience to address the largest challenges facing tax departments. EY.ai for tax, built with IBM watsonx, is&
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