February, 2025

February, 2025

CredCore Raises $16 Million for AI-Powered Debt Capital Market Tool
Debt management platform CredCore has raised $16 million for its AI-powered solution. The New York-based company’s Series A funding round, announced Thursday (Feb. 20), will help it expand its artif...

AI Regulations: EU Withdraws AI Liability Proposal; US Seeks Comments on AI Action Plan
The EU is withdrawing proposed regulations for handling victim’s claims of harm caused by AI — but it faces internal opposition. This week, the AI Liability Directive was taken off the 2025 work p...

SEC Replaces Crypto Unit With Team to Probe ‘Cyber-Related Misconduct’
The Securities and Exchange Commission has created a unit to protect retail investors against fraud. The Cyber and Emerging Technologies Unit (CETU), announced by the commission (SEC) on Thursday (Feb...

Amazon to Discontinue Amazon Coins and Amazon Appstore on Android
Amazon said Thursday (Feb. 20) that it stopped offering Amazon Coins and will discontinue both Amazon Coins and the Amazon Appstore on Android Aug. 20. “Starting Aug. 20, 2025, you will no longer ha...

Affirm and Shopify Expand Pay-Later Pact to Canada and UK
Buy now, pay later (BNPL) network Affirm has expanded its partnership with eCommerce infrastructure company Shopify. The renewed agreement, announced Thursday (Feb. 20), makes Affirm the exclusive pay...

Synapse Collapse Reportedly Target of Criminal Grand Jury Probe
A grand jury is reportedly probing criminal conduct at bankrupt FinTech firm Synapse. The grand jury has questioned an executive who sounded alarms before the company’s collapse, The Wall Street Jou...

Together AI Raises $305 Million to Expand AI Cloud Service
Together AI raised $305 million in a Series B funding round to expand its AI Acceleration Cloud that helps developers and enterprises train, fine-tune and run inference for generative artificial intel...

Remitly Reports Q4 $5.7 Net Loss as Revenues Rise
Remitly (NASDAQ: RELY), a payments and transfers Fintech, reported Q4 earnings results yesterday and the company said that it generated “record” revenue of $351.9 million an increase of 33%. At th...

NEXT Insurance Introduces Multi-Location, Single State Coverage for Workers’ Comp
NEXT Insurance, a digital insurtech company transforming small business insurance, announced a new offering to support small businesses with multiple operating locations across a single state, allowin...

SEC Creates New Cyber and Emerging Tech Unit (CETU) to Protect Investors, Counter Bad Actors
The Securities and Exchange Commission (SEC) has created a new Cyber and Emerging Technologies Unit (CETU). This new entity aims to protect investors from bad actors utilizing technology to commit fra...

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B&T Television

March