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Pluvo raised $5 million in a seed round to scale its artificial intelligence-native financial analysis platform for finance teams.
The company’s platform delivers analysis that chief financial officers and financial planning and analysis teams can interrogate and simulate in real time, Pluvo said in a Friday (Feb. 27) press release.
To generate this analysis, Pluvo uses agentic AI...
Mastercard and Santander completed Europe’s first live end-to-end payment using an artificial intelligence agent, according to a Monday (March 2) news release.
The transaction marks the first agentic payment conducted within a regulated banking framework. It also represents “a significant milestone in the application of AI systems capable of initiating and completing transactions on...
The recent increase in national bank charter activity reflects a deliberate recalibration by FinTech firms that seek to widen the range of services they offer while securing steadier funding and federal supervision.
For much of the past decade, many FinTechs relied on sponsor-bank arrangements and state licensing frameworks to deliver accounts, payments and lending products. That model...
An ex-Trump administration official is calling on states to regulate prediction markets.
Mick Mulvaney, a former congressman and acting chief of staff for the first Trump White House, spoke with Wired Monday (March 2) about his role as head of Gambling Is Not Investing, a group campaigning for prediction markets to be covered by state gambling laws.
“You know the old saying, if it...
FinTech company Avant closed a $200 million personal loan securitization that it said it expects to provide over $500 million in financing capacity over its 24-month life.
The transaction also marks Avant’s first deal to receive AAA ratings from both Fitch Ratings and Kroll Bond Rating Agency (KBRA), the company said in a Thursday (Feb. 26) press release.
This is Avant’s 23rd personal...
Walgreens has debuted what it calls the country’s first “hybrid pharmacy” program.
The service, announced by the retailer last week, lets pharmacists divide their time between working in stores for part of the week and spending the rest of the time working from a “centralized pharmacy desk.”
In a blog post announcing the move, Walgreens told the story of one of these pharmacists,...
OpenAI has offered more details on its new partnership with the American military.
The company announced that arrangement Friday (Feb. 27), though CEO Sam Altman said in a Saturday (Feb. 28) post on X that the deal was “definitely rushed” and that its “optics don’t look good.”
OpenAI announced its partnership soon after the Pentagon said it would cut ties with rival artificial...
Geopolitical tensions in the Middle East are disrupting physical supply chains and critical digital infrastructure.
The impact goes beyond stranded tennis professionals.
Amazon Web Services (AWS) announced Sunday (March 1) an outage at its United Arab Emirates data center after a rocket attack struck the facility. Meanwhile, shipping activity in the Strait of Hormuz, a major energy...
Anthropic is investigating an outage that took down its Claude AI model around the world.
The artificial intelligence (AI) startup said Monday (March 2) that it was looking into what it called “elevated errors” on Claude.
“We have identified that the Claude API is working as intended. The issues we are seeing are related to Claude.ai and with the login/logout paths,” Anthropic wrote on...
England’s competition watchdog is investigating three international hotel chains for their data-sharing practices.
The Competition and Markets Authority (CMA) announced Monday (March 2) that it was looking into the suspected sharing of “competitively sensitive information” among Hilton, Marriott and IHG Hotels.
The three chains used the hotel data analytics tools STR from CoStar, which...