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The majority or 84% of workers are eager to adopt agentic AI in their current role, however, most or 56% are concerned about their own job security working alongside AI agents, highlighting a seemingly urgent “disconnect.” Employees are prepared and keen to leverage agentic AI,... Read More
UnifyApps this week announced a $50 million Series B led by WestBridge Capital with participation from ICONIQ and others. The new capital brings UnifyApps’ total funding to $81 million and marks a new phase of scale with Ragy Thomas joining as chairman and co-CEO, alongside... Read More
Spark, a DeFi lending platform & onchain asset allocator, reportedly allotted $100 million of its stablecoin reserves into Superstate’s USCC fund, a regulated crypto basis trading product that generates yield from price differentials between spot and futures markets. This update is said to mark one... Read More
According to a new study commissioned by Green Dot (NYSE: GDOT) and conducted by PYMNTS.com, 94% of enterprises plan to increase their investments in embedded finance, with three out of four planning to increase investments in the next 12 months. Companies are focused on enhancing... Read More
KPMG UK has recently shared some insights on the latest inflation data According to Yael Selfin, the Chief Economist at KPMG UK, the unchanged inflation rate ensures interest rate cut remains on the table for the current year. Selfin added that the recent data is... Read More
Gr4vy, a cloud-based payment orchestration platform, has announced its collaboration with Mastercard to optimize and streamline payment capabilities for global merchants and platforms. The partnership enables merchant customers to integrate Mastercard Merchant Cloud to access advanced payment solutions, including network tokenization, Click to Pay, and... Read More
Pave Bank, a fully licensed commercial bank built for this new financial architecture, said it has raised more than $39 million in a round led by Accel. The fresh funding will help scale what it calls the world’s first programmable commercial bank built to operate... Read More
Splitwise, an app for sharing bills and expenses, and Tink have expanded their partnership across Europe. Building on strong momentum in the UK, where Splitwise has seen a 150% increase in Tink account checks and payment initiations this year, the expansion means users in France, Germany,... Read More
LSEG announced that 11 global banks (together, the Investing Banks) have agreed to invest in its Post Trade Solutions business, acquiring a 20% stake. The Investing Banks will each now become shareholders in Post Trade Solutions, acquiring the stake for “aggregate cash consideration of £170... Read More
The recent AWS outage, stablecoins, and crypto investing dominate the Web3 Thoughts of the Week. AWS out(r)age “The recent Amazon Web Services (AWS) outage has once again highlighted the critical reliance many companies, including Robinhood, have on centralized cloud infrastructure. When a major service provider... Read More