November, 2024

November, 2024

Quantum-Focused AI Firm SandboxAQ Surpasses $5 Billion Valuation Goal
SandboxAQ raised more than $300 million to apply quantum technology to artificial intelligence. The funding round puts the company’s valuation at over $5.6 billion, Bloomberg reported Wednesday (Dec...

Inflation Pushes Consumers to Seek Everyday Value From Credit Card Rewards
Rewards are among the key determinants in how consumers choose — and use — credit cards. In the PYMNTS Intelligence report “The Role of Rewards Programs in Credit Card Usage,” 71% of consumers...

Report: Instagram Set to Drive Half of Meta’s Ad Revenue
Instagram will soon make up half of parent company Meta’s advertising revenues in the United States. The photo-and-video-sharing app will exceed $32 billion in U.S. ad revenue next year, Bloomberg r...

ERP Innovations Are Rebooting the Back Office as Organizations Modernize
Organizations are grappling with the dual challenges of their legacy infrastructure and rapidly evolving technological demands to operate. A business case and contract request shared by London’s Met...

AI’s Progress Shows Signs of Both Breakthroughs and Barriers
The latest artificial intelligence models are delivering mixed signals about the technology’s pace of advancement, with some showing dramatic leaps forward while others hit unexpected roadblocks. Th...

FDIC Authorizes Potential Legal Action Against Former SVB Executives
The Federal Deposit Insurance Corporation (FDIC) board of directors reportedly votedunanimously to authorize potential legal action against six former officers and 11 former directors of Silicon Valle...

Open Banking Is Strategic Lever for Innovation, Competitive Differentiation – Plaid Research
Plaid has looked into how financial institutions are thinking about open banking and has shared insightful survey results. In today’s digital world, consumers demand real-time financial services –...

JLL Income Property Trust and iCapital to Deliver Core Real Estate to Private Wealth Market
JLL Income Property Trust, an institutionally managed daily NAV REIT (NASDAQ: ZIPTAX) with appr. $6.6 billion in portfolio equity and debt investments, announced a partnership with iCapital, the finte...

Regtech Sumsub Partners with Blockchain Platform Darkex
Sumsub is announcing its partnership with Darkex, a blockchain platform renowned for its commitment to trust and security. This collab sets a benchmark for user experiences and compliance in the bloc...

How Private AI Agents Can Combat Crypto Fraud – MatterFi CEO Michal Pospieszalski
The following is commentary from Michal “Mehow” Pospieszalski, CEO of MatterFi. MatterFi is a security-focused, foundational layer for financial services to build into the crypto ecosystem, giving...

December

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B&T Television

December