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According to the latest IBM report, organizations experiencing data breaches that involve shadow AI — unauthorized AI tools used by employees — face additional costs averaging $670,000 per incident, compared to standard breaches. These findings align with a recent Cybernews survey, which shows 59% of... Read More
Metamask parent firm Consensys is reportedly planning an initial public offering (IPO), according to an update from Axios this past Wednesday. The outlet also said that Consensys has been working with JPMorgan and Goldman Sachs, with each usually being involved in some way with larger... Read More
Vector Capital, a technology-focused investment firm, has completed its acquisition of Showpad, a provider of AI revenue enablement technology. In connection with the close of the transaction, Apratim Purakayastha has been named CEO, effective immediately. “We are pleased to unite Showpad and Bigtincan under one brand... Read More
Mastercard (NYSE: MA) is reportedly closing in on a $2 billion deal to acquire crypto-focused company Zerohash, according to an update from Fortune (which has cited sources familiar with the matter). Mastercard is now said to be in late-stage discussions with buy digital assets and... Read More
Vietnam is leaning on digital finance to lift productivity and widen access to credit as it chases high-income status by 2045, with regulators and lenders turning sandboxes and open-banking trials into near-term policy tools rather than distant ambitions. The two-day Digital Finance Inclusion Conference 2025,... Read More
MX Technologies, Inc. has recently released survey of 1,000+ U.S. consumers, revealing consumers are showing up on mobile every day — some, multiple times per day — but many financial services providers are said to be struggling to address increasing user expectations. Over half or... Read More
Deloitte has recently announced updates to its agentic AI-infused delivery platform, Ascend. The platform upgrades should enhance how Deloitte executes and orchestrates work and supports its software, solutions and products for clients, with a common engineering foundation. With Deloitte’s investment of more than $1 billion... Read More
Experian, the data and technology company, announced the acquisition of KYC360 in the United Kingdom as well as Ireland, which will aim to enhance its fraud and financial crime compliance solutions. Know Your Customer (KYC) and Know Your Business (KYB) are said to be foundational... Read More
Fourthline, Europe’s identity services provider, has been selected by crcle as their Identity Verification Partner. As the “verified” social network, crcle is transforming how Gen-Z connects. Fourthline, as one of the identity service providers operating in Europe, was crcle’s preferred option as it could provide... Read More
HSBC’s push into startup banking in Asia is gathering pace, adding competition for venture lenders in a market where funding has tightened and founders are leaning more on non-dilutive capital. The bank launched “HSBC Innovation Banking” in Singapore, earmarking a $1.5 billion pool to finance... Read More