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Artificial intelligence (AI)-powered banking platform Backbase has launched a partnership with financial services data analytics network Plaid.
The collaboration, announced Monday (Feb. 16), is designed to tackle what the companies say is one of the biggest challenges in banking: data fragmentation that impedes innovation and limits the customer experience.
“Financial institutions face...
Amazon and Microsoft are reportedly pushing into a new part of the AI world: arranging deals with news publishers.
That’s according to a report Monday (Feb. 16) from the Wall Street Journal (WSJ), which notes that the advent of new content marketplaces marks a major evolution in the relationship between companies like OpenAI, Meta and Perplexity and the publishers whose material helps...
Google’s Chrome web store is reportedly being plagued by a wave of malicious browser extensions.
According to a report Monday (Feb. 16) by cybersecurity publication Dark Reading, these extensions claim to offer the abilities of an artificial intelligence (AI) assistant, while stealing users’ personal information in secret.
The report cites research from security firm LayerX, which...
Last year saw an explosion in cryptocurrency-related crime, though not all losses were financial.
As a recent report by blockchain data firm Chainalysis points out, the ties between crypto and suspected human trafficking intensified during 2025, with transaction volume reaching hundreds of millions of dollars, an 85% increase over the prior year.
“The dollar amounts significantly...
Three years after battling with regulators, crypto platform Nexo has returned to the U.S.
The company announced in a new release Monday (Feb. 16) that this return is being carried out in collaboration with “regulated partners,” giving Nexo’s investment and credit products a U.S.-compliant framework.
“Nexo’s renewed presence in the United States follows a period of deliberate...
Apple is reportedly weeks away from its next product launch.
The iPhone maker will hold that event on March 4, Bloomberg News reported Monday (Feb. 16), citing an invitation from the company. Apple is planning to announce several new devices in the coming weeks, the report added.
The invitation applies to gatherings in New York, Shanghai and London, with Apple saying it is hosting an...
The Pentagon is reportedly preparing to sever its relationship with artificial intelligence (AI) startup Anthropic.
The government is also “close” to designating the company a “supply chain risk,” which means anyone wishing to do business with the military would also need to end their relationship with Anthropic, Axios reported Monday (Feb. 16), citing a senior Pentagon official.
“It...
Digital finance provider Currency.com has picked Alexander Kravets as its U.S. CEO.
With this appointment, the company said Monday (Feb. 16), Kravets will oversee Currency.com’s operations in the U.S. and its continued expansion in the American financial market.
“The appointment comes amid increasing regulatory clarity for digital asset platforms in the U.S., with institutions and...
Consumers enjoyed a break from price increases during the holiday shopping season.
But now, companies have begun raising prices once more, and at higher levels than usual, the Wall Street Journal (WSJ) reported Monday (Feb. 16).
As the report points out, many companies typically increase prices at the beginning of the year. But UBS economist Alan Detmeister told the WSJ that price...
Cross-border mergers between European Union banks are reportedly at their highest level since 2008.
That’s according to a report Monday (Feb. 16) from the Financial Times (FT), which says that rising prices and share prices have ended a dealmaking drought and brought the sector to levels not seen since the Great Recession.
A series of multibillion-euro bank mergers helped to drive the...