Innovation

Innovation in its modern meaning is "a new idea, creative thoughts, new imaginations in form of device or method". Innovation is often also viewed as the application of better solutions that meet new requirements, unarticulated needs, or existing market needs.

Source: en.wikipedia.org

BNY Teams With OpenAI to Bring ‘Transformational’ AI to Banking
BNY Teams With OpenAI to Bring ‘Transformational’ AI to Banking
February 26, 2025  |  Partnerships

OpenAI launched a multiyear agreement with BNY, the oldest bank in the United States. The partnership gives BNY — formerly Bank of New York Mellon...

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AI-Powered Compliance Helps FinTechs Navigate Regulation and Innovation
AI-Powered Compliance Helps FinTechs Navigate Regulation and Innovation
February 26, 2025  |  Innovation

Two months into 2025, the business definition of a FinTech is becoming fluid, broadening in ways that scarcely would have been imaginable a short time...

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CFOs Give External GenAI Data the Cold Shoulder, at Least for Now
CFOs Give External GenAI Data the Cold Shoulder, at Least for Now
February 26, 2025  |  Artificial Intelligence

If there’s a cornerstone of the finance function, it’s trust but verify. In boardrooms across corporate America, finance chiefs are getting comfortable with artificial intelligence,...

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DeepSeek Resumes Allowing AI Access Following Capacity Shortages
DeepSeek Resumes Allowing AI Access Following Capacity Shortages
February 25, 2025  |  Artificial Intelligence

Artificial intelligence startup DeepSeek reportedly resumed allowing customers to access its API. The Chinese company, which rocked the tech world last month with its AI...

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Anthropic Debuts Different Levels of Reasoning for Claude, Announces $3.5 Billion Fundraise
Anthropic Debuts Different Levels of Reasoning for Claude, Announces $3.5 Billion Fundraise
February 24, 2025  |  Artificial Intelligence

Artificial intelligence company Anthropic unveiled new features of its AI chatbot, Claude, and announced the finalization of a $3.5 billion fundraise. The newest iteration of...

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MongoDB Acquires Voyage AI to Combat Hallucinations
MongoDB Acquires Voyage AI to Combat Hallucinations
February 24, 2025  |  Acquisitions

Database company MongoDB acquired artificial intelligence firm Voyage AI. The deal — worth $220 million, according to a Monday (Feb. 24) Bloomberg report — is...

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This Week in AI: Microsoft Sees Quantum Breakthrough as Ai Pin Deflates
This Week in AI: Microsoft Sees Quantum Breakthrough as Ai Pin Deflates
February 21, 2025  |  artificial intelligence

If you’re interested in artificial intelligence (AI) news, here are the the latest in AI updates. Let’s start with Microsoft’s quantum moment. It has created...

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Genial Raises $1.9 Million to Develop AI Agents for Tourism Industry
Genial Raises $1.9 Million to Develop AI Agents for Tourism Industry
February 21, 2025  |  Artificial Intelligence

France-based Genial raised 1.8 million euros (about $1.9 million) in its first funding round to develop artificial intelligence agents for tourism and leisure businesses. The...

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AI Boosts Onboarding Experience for Commercial Treasury Clients
AI Boosts Onboarding Experience for Commercial Treasury Clients
February 21, 2025  |  Digital Onboarding

As enterprises and treasurers integrate with banks to digitize anti-money laundering and know your customer processes, the onboarding process might typically be thought of as...

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