Hapax wants AI to build your bank’s AI
AI financial solutions provider Hapax is enabling financial institutions to build their own AI tools by deploying its AI tool to do all the heavy lifting. The company in April launched HumanX, which watches...
Strategy
Chief AI officer not needed at nCino right now, CEO says
As banks and fintechs race to install chief AI officers, nCino says it doesn’t see a need to follow suit. The company has discussed creating the CAIO role, but pointing to a culture in which AI...
JPMorgan, AMD, OQC join forces for quantum-AI data center
JPMorganChase, AMD and quantum computing firm Oxford Quantum Circuits today announced a collaborative research program to develop a dedicated quantum-AI...
Compliance, data accessibility will differentiate fintech winners
To make it in a crowded market, fintechs must differentiate themselves with regulatory prowess and data at the forefront of their...
Mastercard chief commercial payments officer explains Virtual CFO
Mastercard is rolling out its Virtual C-Suite for its small- and medium-size business clients, starting with a virtual chief financial officer. “The Virtual CFO is a key...
Trump signs AI cybersecurity order after debate over its reach
President Donald Trump ordered US agencies to work with artificial intelligence companies on protecting against AI-enabled cyber attacks under a...
Anthropic files confidentially for IPO in race with OpenAI
Anthropic PBC has confidentially submitted draft paperwork for a public listing, potentially leapfrogging longtime rival OpenAI in the race toward...
American Heritage CU puts multiple AI tools to work
American Heritage Credit Union is working with multiple AI providers to enhance customer-facing and internal processes, with fintech Kinective acting as the centerpiece. ...
LLM providers race to scale AI infrastructure after tokens become profitable
The economics of AI has morphed and large language model providers are racing to expand the computing capacity that powers them. That dynamic...
Anthropic beats OpenAI in business adoption in April, Ramp reports
Anthropic took the lead in business adoption over OpenAI in April. Adoption of Anthropic reached 34.4% of businesses that month, a 3.8% increase from March, according to the latest Ramp AI Index...
