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QuickBooks maker Intuit added artificial intelligence agents to its Enterprise Suite.
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The agents are part of a larger expansion of the product that includes new automation and financial management capabilities for mid-market companies, according to a Tuesday (July 22) press release.
“Mid-market companies are turning to Intuit Enterprise Suite to reduce the cost and...
Perhaps one of the 21st century’s most defining business trends has been the trickledown effect of enterprise capabilities as technological innovations simplify back-office operations.
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Powerful financial tools, once only accessible to large corporations, are now being embedded in the tech stacks of small- to medium-sized businesses (SMBs) and startups, thanks to...
PNC Bank and Coinbase have partnered to develop a solution that will allow the bank’s clients to buy, hold and sell cryptocurrencies.
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This project is part of a new partnership between the companies that also includes PNC adding other crypto financial solutions for its clients and providing select banking services to Coinbase, the companies said in a Tuesday (July 22)...
KeyCorp is increasing its number of frontline bankers and client advisers by 10% and has boosted its investment in technology by nearly $100 million this year to support the company’s growth.
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The firm defines frontline bankers as investment bankers, middle market relationship managers, payments advisors and wealth managers, according to a Tuesday (July 22) earnings...
Google reportedly wants to recruit news companies for an AI-related licensing project.
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The tech giant hopes to launch a pilot project with around 20 national news organizations, Bloomberg News reported Tuesday (July 22), citing sources familiar with the matter.
“We’ve said that we’re exploring and experimenting with new types of partnerships and product experiences, but...
Artificial intelligence (AI) research/product development firm Reka AI has raised $110 million.
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The company’s new funding round, announced Tuesday (July 22), included contributions from Nvidia and data cloud company Snowflake, and will help Reka scale its multimodal platform for more widespread enterprise adoption.
“Reka is known for its ultra-efficient multimodal...
The Bank of England is considering pausing its plans to create a digital currency.
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That’s according to a report Tuesday (July 22) from Bloomberg News, which calls this the latest sign of declining enthusiasm for central bank digital currencies (CBDCs) around the world.
The central bank (BOE) has been quietly pushing the financial sector to instead focus on payment...
The head of Western Union reportedly views stablecoins as an opportunity rather than a threat.
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In an interview with Bloomberg News Monday (July 21), CEO Devin McGranahan said his company and customers would benefit from anything that allowed people to make faster, less costly cross-border transactions.
“Last I checked, you couldn’t spend stablecoin if you wanted to buy...
Banking giant J.P. Morgan Chase is reportedly considering lending against its customers’ cryptocurrency holdings.
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That’s according to a report Tuesday (July 22) from the Financial Times (FT), which calls the proposed plan the latest signal that big banks are supporting crypto’s mainstreaming.
Such a policy, the report adds, would mark a major shift for J.P. Morgan CEO...
Watch more: i2c: It Takes Capital Plus Context to Rethink SMB Lending Strategies
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When it comes to small- to medium-sized businesses (SMBs), the conversation around financial empowerment is overdue for an overhaul.
Despite accounting for over 99% of businesses in the United States, SMBs have historically been treated as an afterthought by traditional financial...