Finance

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Goldman Sachs tests autonomous AI agents for process-heavy work

Goldman Sachs is pushing deeper into real use of artificial intelligence inside its operations, moving to systems that can carry out complex tasks on their own. The Wall Street bank is working with AI startup Anthropic to create autonomous AI agents powered by Anthropic’s Claude model that can handle work that used to require large […]

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Klarna backs Google UCP to power AI agent payments

Klarna aims to address the lack of interoperability between conversational AI agents and backend payment systems by backing Google’s Universal Commerce Protocol (UCP), an open standard designed to unify how AI agents discover products and execute transactions. The partnership, which also sees Klarna supporting Google’s Agent Payments Protocol (AP2), places the Swedish fintech firm among

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How SAP is modernising HMRC’s tax infrastructure with AI

HMRC has selected SAP to overhaul its core revenue systems and place AI at the centre of the UK’s tax administration strategy. The contract represents a broader shift in how public sector bodies approach automation. Rather than layering AI tools over legacy infrastructure, HMRC is replacing the underlying architecture to support machine learning and automated

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Inside Standard Chartered’s approach to running AI under privacy rules

For banks trying to put AI into real use, the hardest questions often come before any model is trained. Can the data be used at all? Where is it allowed to be stored? Who is responsible once the system goes live? At Standard Chartered, these privacy-driven questions now shape how AI systems are built, and

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JPMorgan Chase treats AI spending as core infrastructure

Inside large banks, artificial intelligence has moved into a category once reserved for payment systems, data centres, and core risk controls. At JPMorgan Chase, AI is framed as infrastructure the bank believes it cannot afford to neglect. That position came through clearly in recent comments from CEO Jamie Dimon, who defended the bank’s rising technology

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Anthropic’s $61.5 Billion Valuation: The AI Arms Race Intensifies

A New Powerhouse in AI: Anthropic’s Meteoric Rise Anthropic, an Amazon-backed artificial intelligence startup, has firmly cemented its place as a key player in the AI industry. Following a fresh $3.5 billion funding round led by Lightspeed Venture Partners, the company now boasts a staggering post-money valuation of $61.5 billion. With this significant capital infusion,…

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The #COVID19 Driver’s Seat

I caught COVID19 in March, a few weeks after breaking my arm badly enough to need surgery.  I made it through, but along the way, and with the perspective afforded by a lot of time on the couch and away from the day-to-day business of Quantellia, I became galvanized to do something about other COVID

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BNP Paribas introduces AI tool for investment banking

BNP Paribas is testing how far AI can be pushed into the day-to-day mechanics of investment banking. According to Financial News, the bank has rolled out an internal tool called IB Portal, designed to help bankers assemble client pitches more quickly and with less repetition. Pitch preparation sits at the centre of investment banking work.

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Mining Government Gold: Big Data Opportunities in the $68 Billion Unclaimed Property Market

Market Opportunity Analysis Across the public sector, few data troves are as large and underutilized as unclaimed property records. In aggregate, the United States maintains $68+ billion in dormant assets scattered across 50+ state treasuries, quasi-government offices, and affiliated custodians. The result is a sprawling constellation of searchable ledgers: owner names, last-known addresses, financial institutions,

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