Category : Artificial Intelligence

Artificial Intelligence Finance Fintech

Sovos Introduces Sovi AI: The First Embedded AI Layer Purpose-Built for Tax Compliance

Business Wire
by Business Wire0
Advanced AI and machine learning capabilities transform tax compliance into a business advantage across global mandates Sovos, the always-on tax compliance company, today announced the launch of Sovi™ AI, a first-of-its-kind suite of embedded AI and machine learning capabilities purpose-built for tax compliance. Sovi is derived from the Latin roots......
Artificial Intelligence Finance Fintech News

Xelix secures $160 million Series B to advance agentic AI innovation in Accounts Payable

PR Newswire
by PR Newswire0
Xelix, a leading agentic AI software company in the Accounts Payable (AP) space, today announced a $160 million Series B funding round led by global software investor Insight Partners, with follow-on investments from Passion Capital and LocalGlobe. This funding will enable Xelix to accelerate platform development and support more organizations in adopting......
Artificial Intelligence Fintech News

MindInventory and Claim Clarity Partner Up To Revolutionize Workers’ Compensation Claims

EIN Presswire
by EIN Presswire0
MindInventory announces its collaboration with Claim Clarity to tackle the complexity of workers’ compensation claims in the U.S. MindInventory, a next-gen software development company, has partnered with Claim Clarity, an InsureTech company for medical benefits management in workers’ compensation, to co-develop and launch an AI-powered platform for medical claim and utilization......
Artificial Intelligence Finance Fintech News

ActOne Group introduces AI-enabled Process Automation Platform – Assembly Orchestration

EIN Presswire
by EIN Presswire0
Business outcomes are transformed with AI Agents and human workforce on a unified platform. ActOne Group’s strategic investment in Assembly Industries is transforming how enterprises achieve business results, shifting from traditional ‘who to hire’ decisions to ‘what work needs to get done’ – a powerful combination of AI automation and......
Artificial Intelligence Finance Fintech News Risk Management

Citi and Ant International Pilot AI-Enabled Forecasting Solution to Enhance FX Risk Management for Airline Customers

Business Wire
by Business Wire0
Ant International’s Falcon TST Model will give Citi’s clients an improved FX risk management solution when selling through e-commerce channels. Pilot airline customer of the jointly-developed solution has already seen a cost reduction in their Fixed FX Rates hedging programme for online ticket sales. Citi and Ant International announced today......
Analytics Artificial Intelligence News

Cetera Unveils IntelligenceEngine: AI-Driven Growth Suite Empowering Advisors and Institutions to Unlock Client Potential

PR Newswire
by PR Newswire0
Cetera announced the launch of IntelligenceEngine, a proprietary suite of AI-powered tools and services built to help financial professionals accelerate growth by transforming client data into action and unlocking untapped value within their existing books of business. Purpose-built for the modern advisor and institution, IntelligenceEngine unifies advanced analytics, planning technology,......
Artificial Intelligence Finance Fintech News

Ant International Expands Merchant Payment AI Functions With Antom Copilot 2.0

Business Wire
by Business Wire0
New features include the industry-first Chargeback AI Assistant, automated payment method recommendation, AI-assisted onboarding, and risk management strategy configuration. Enhancements are designed to simplify complex processes and lower the barrier to advanced payment operations for merchants, especially SMEs. Antom, Ant International’s merchant payment and digitisation services provider, today announced a......
Artificial Intelligence Blockchain Finance Fintech News

KUN, Asia’s Leading Stablecoin Payment & Embedded Finance Platform, Secures Series A Funding with Total Raised Exceeding USD 50 Million

PR Newswire
by PR Newswire0
KUN, Asia’s leading stablecoin-based payment and embedded finance platform, has successfully completed its Series A funding round with significant oversubscription. Existing investors BAI Capital and GSR Ventures doubled down on their commitments, and two new strategic investors— a Hong Kong-listed conglomerate and Eternium Global—joined the round. Since its inception 20 months ago, KUN......
Artificial Intelligence Digital Asset Management Digital Payments Featured Finance Fintech Machine Learning

Integrating Fraud Detection in Instant Payments: Stream Processing and AI at Millisecond Scale

Fintech Staff Writer
by Fintech Staff Writer0
The financial landscape is transforming at lightning speed, driven by consumer demand for convenience, speed, and real-time digital experiences. At the center of this transformation is the rise of Instant Payments—transactions that are processed and settled within seconds, often in less than a second. While this innovation improves user experience......
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