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Kuvi.ai Announces Successful Completion of Its $700,000 Seed Round

Kuvi.ai, the platform pioneering Agentic Finance, has announced the successful completion of its $700,000 seed round, led by Moon Pursuit Capital, and the expansion of its strategic round, which is now oversubscribed. Recent additions include legendary crypto investor Michael Terpin of Transform Ventures and leading Web3 educator Dennis Liu (aka VirtualBacon).

Friday, August 1, 2025 - 15:06
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Financial IT
Socure Launches Global Expansion Of RiskOS™, Delivering Instant Identity And Risk Decisioning Across Every Country And Market

Socure the leading provider of artificial intelligence for digital identity verification, compliance, sanctions screening, and fraud prevention in over 190 countries, today announced the continued global expansion of its RiskOS™ platform, marking a major milestone in unifying identity, fraud, KYB and compliance decisioning across all regions, industries, and customer segments.

Friday, August 1, 2025 - 14:41
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/news/risk-management/socure-launches-global-expansion-riskostm-delivering-instant-identity-and-risk
Financial IT
Libyan Islamic Bank Modernizes Consumer Banking Services With Backbase

Backbase, the global leader in AI-powered banking technology, today announced the recent successful platform launch of Libyan Islamic Bank (LIB), one of the country’s fastest-growing financial institutions. This achievement represents Backbase's first platform launch in Libya, underscoring its commitment to expanding state-of-the-art, customer-centric banking across North Africa.

Friday, August 1, 2025 - 14:38
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/news/banking/libyan-islamic-bank-modernizes-consumer-banking-services-backbase
Financial IT
Merso Launches The First AI‑Powered Financial Infrastructure For The Digital Economy

Today, Merso officially launches the world's first AI-powered lending infrastructure purpose-built for digital assets. Backed by $3 million in seed funding from founders and strategic investors, Merso is introducing a new paradigm in credit: one that is centered not on borrowers, but on the assets themselves.

Friday, August 1, 2025 - 14:33
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/news/artificial-intelligence/merso-launches-first-ai-powered-financial-infrastructure-digital
Financial IT
J.P. Morgan Payments Launches Cutting‑Edge Supply Chain Finance Solution With Oracle

J.P. Morgan Payments is unveiling its Supply Chain Finance (SCF) solution integrated with Oracle Fusion Cloud Enterprise Resource Planning (ERP) to optimize working capital — a solution that is being used by FedEx.

This milestone underscores J.P. Morgan Payments' commitment to delivering cutting-edge financial solutions to its clients.

Friday, August 1, 2025 - 14:27
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/news/supply-chain-operations/jp-morgan-payments-launches-cutting-edge-supply-chain-finance-solution
Financial IT
Bitzero Secures $25 Million To Accelerate Blockchain Mining

Bitzero, the company redefining sustainable Blockchain and High-Performance Compute (HPC) data centers, today announced it has secured $25 million in funding to drive immediate revenue growth and further its mission of setting a new global standard for clean, community-centered mining operations. The investment marks a major step forward in Bitzero's commitment to transforming cryptocurrency's energy reputation, while delivering strong returns for investors.

Friday, August 1, 2025 - 12:45
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/news/fundraising-news/bitzero-secures-25-million-accelerate-blockchain-mining
Financial IT
Daloopa Receives $13M Strategic Investment to Power the Next Generation of AI in Finance

Daloopa, the AI-powered fundamental data platform trusted by the world's leading equity investment and research teams, today announced a $13 million strategic investment to meet growing demand for high-quality data powering Large Language Models (LLMs) and AI agents in financial services. The round saw participation from existing and new investors such as Pavilion Capital.

Friday, August 1, 2025 - 12:34
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/news/fundraising-news/daloopa-receives-13m-strategic-investment-power-next-generation-ai-finance
Financial IT
New AI‑Powered Experian Assistant for Model Risk Management Streamlines And Accelerates Governance Processes

Experian today announced the launch of Experian Assistant for Model Risk Management, a first-of-its-kind solution to help financial institutions govern and manage models more efficiently across the entire model‑development lifecycle. Fully integrated into the Experian Ascend PlatformTM and powered by ValidMind technology, this solution helps accelerate model validation, improve auditability and transparency, and may aid financial institutions in reducing regulatory and reputational risk.

Friday, August 1, 2025 - 11:37
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/news/artificial-intelligence/new-ai-powered-experian-assistant-model-risk-management-streamlines-and
Financial IT
Visa Expands Stablecoin Settlement Support

The stablecoin ecosystem is expanding, and Visa is at the forefront of its development. As global interest in stablecoins takes center stage, Visa is building on its leadership in the space and enabling support for more stablecoins and more blockchains to facilitate settlement transactions for issuers and acquirers.

Visa’s settlement platform is adding support for two additional USD-backed stablecoins, two blockchains and the euro-backed EURC.

What’s new

Friday, August 1, 2025 - 11:33
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/news/cryptocurrencies/visa-expands-stablecoin-settlement-support
Financial IT
Retail’s Payments Pivot: Why Data, Speed and Loyalty Now Go Hand‑In‑Hand

Retailers are facing a moment of reinvention. Even as inflation lingers, consumer spending is recovering - and merchants are seeking ways to convert this rebound into sustainable growth.

Friday, August 1, 2025 - 11:16
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/blog/paymentsdata-fastpayments/retails-payments-pivot-why-data-speed-and-loyalty-now-go-hand-hand
Financial IT

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