AI

JPMorgan Pilots Software to Monitor Junior Bankers’ Working Hours

New initiative aims to enhance oversight of junior employee hours worked.Highlights: JPMorgan tests software to monitor working hours of junior bankers.The initiative is part of productivity enhancement efforts.Focus on...

Goldman Sachs to Implement Performance-Based Staff Cuts in April

The bank plans restructuring amidst shifting financial landscape.Highlights: Goldman Sachs plans performance-based staff cuts in April.The restructuring aims...

Nasdaq Secures SEC Approval for Trading Tokenized Securities

This marks a significant advancement in digital asset trading.Highlights: Nasdaq gains SEC approval for trading tokenized securities.This approval...

Aveni Launches Agentic AI Council to Enhance AI Ethics

New council aims to guide ethical AI development and deployment strategies.Highlights: Aveni establishes the Agentic AI Council for...

Starling Bank Strengthens Services with Agentic AI Money Manager

The new feature aims to enhance personal finance management for customers.Highlights: Starling Bank introduces an AI-powered money manager.Agentic...
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The rabbit r1 shipped half-baked, but that’s kind of the point

I finally received the rabbit r1 (the company insists on this lowercase styling) I’ve been writing about since its debut at CES in January....

Former Thomson Reuters exec David Larson named Feedzai’s new CFO

Appointment of David Larson as CFO: Feedzai has appointed David Larson, a former Thomson Reuters executive, as its new Chief Financial Officer (CFO). ...

EU plan to force messaging apps to scan for CSAM risks millions of false positives, experts warn

A controversial push by European Union lawmakers to legally require messaging platforms to scan citizens’ private communications for child sexual abuse material (CSAM) could...

ICYMI fintech funding round-up: Backflip, Ansa, Salmon, Firenze and more

Backflip: US-based proptech Backflip raised $15 million in a Series A funding round led by FirstMark Capital, with participation from existing backers and...

Airbnb releases group booking features as it taps into AI for customer service

Airbnb’s summer release is usually a grand affair with tons of updates for guests and a few for hosts. This time, however, the company...

Citigroup’s VC arm invests in API security startup Traceable

In 2019, Jyoti Bansal co-founded San Francisco-based security company Traceable alongside Sanjay Nagaraj. With Traceable, Bansal — who previously co-launched app performance management startup...

Franklin Templeton partners Microsoft to build “advanced financial AI platform”

Partnership with Microsoft Azure AI: Franklin Templeton, a US-based investment management firm with over $1.6 trillion in assets under management, is partnering with...

Yelp is launching a new AI assistant to help you connect with businesses

Yelp announced a new AI-powered chatbot today for consumers that helps them connect with relevant businesses for their tasks. The company joins a long...

Anthropic launches new iPhone app and premium plan for businesses

Anthropic, one of the world’s best-funded generative AI startups with $7.6 billion in the bank, is launching a new paid plan aimed at enterprises,...
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