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For the founders of Spektr, the journey didn’t start with the Danish startup’s inception in 2023; it began a decade ago while working in the trenches of a payments company. “We have this saying between the two of us,” explains CEO Mikkel Skarnager, referring to CTO and co-founder Ciprian Florescu. “If there’s anything he can’t […]
Scotiabank has launched an AI framework, Scotia Intelligence, for data and AI operations that joins various platforms, data oversight, and software tools into a single instance. According to a press release from the bank, the stated purpose of Scotia Intelligence is to give employees, especially client-facing teams, access to AI under the bank’s existing governance
European venture funding reached $17.6 billion in Q1 2026, Crunchbase data shows. That’s up nearly 30% year over year and marks the second consecutive quarter of growth. As was the case globally and in North America, the main driver was AI, which for the first time claimed more than 50% of Europe’s total funding for
AI Drives Europe’s Second Straight Quarter Of Funding Gain As Deal Volume Falls Sharply Read More »
European venture funding reached $17.6 billion in Q1 2026, Crunchbase data shows. That’s up nearly 30% year over year and marks the second consecutive quarter of growth. As was the case globally and in North America, the main driver was AI, which for the first time claimed more than 50% of Europe’s total funding for
AI Drives Europe’s Second Straight Quarter Of Funding Gain As Deal Volume Falls Sharply Read More »
Venture funding to fintech companies is up year over year so far, but concentrated into significantly fewer companies, Crunchbase data shows. Global venture funding to financial technology startups totaled $12 billion across 751 deals in 2026 as of April 6, per Crunchbase data. That’s a 5% increase in dollars raised compared to the $11.4 billion
Fintech Startups Globally Raise More Money In Far Fewer Deals In Q1 2026 Read More »
In 2023, Dave Haase was a CPA who had been running his own firm in the San Francisco Bay Area for several years when he saw a live demo of OpenAI’s ChatGPT. Upon seeing the AI agent successfully file a tax return on the screen, the accountant realized: “My business is either dead in 18
In 2023, Dave Haase was a CPA who had been running his own firm in the San Francisco Bay Area for several years when he saw a live demo of OpenAI’s ChatGPT. Upon seeing the AI agent successfully file a tax return on the screen, the accountant realized: “My business is either dead in 18
A boom in late-stage and growth funding helped buoy venture funding in Latin America for the first quarter of 2026, Crunchbase data shows. Startups in Latin America raised a combined $1.03 billion across seed- and growth-stage deals in the three-month period ending March 31. That was up 12% year over year and down 6% from
Global Investors Help Boost Latin America’s Late-Stage Funding Boom In Q1 Read More »
As artificial intelligence becomes a driving force in financial prediction, the reliability of its forecasting tools faces increasing scrutiny. Many traders question whether claims of high accuracy translate into consistent results under live market conditions. Understanding how these AI systems are evaluated reveals important distinctions between performance in theory and practice. Few financial domains are
Assessing AI powered price forecasting tools in currency markets Read More »
To gain financial data insights, the majority of family offices now turn to AI, according to new research from Ocorian. The global study reveals 86 percent of these private wealth groups are utilising AI to improve their daily operations and data analysis. Representing a combined wealth of $119.37 billion, these organisations want machine learning to
Ocorian: Family offices turn to AI for financial data insights Read More »
