AI - page 22

KakaoBank Posts Record Profit as Overseas Expansion Begins Delivering Returns
Fintech & Ecommerce

KakaoBank Posts Record Profit as Overseas Expansion Begins Delivering Returns

South Korea’s digital-only AI-driven lender KakaoBank reported its highest annual profit to date, with overseas investments now accounting for roughly one-fifth of earnings and turning its regional expansion into a measurable financial contributor.

One Inc Unveils Model Context Protocol to Accelerate Insurance Payments Integration and Secure AI Data Access
Fintech & Ecommerce

One Inc Unveils Model Context Protocol to Accelerate Insurance Payments Integration and Secure AI Data Access

In a move to modernize how insurers connect, analyze, and manage payments, One Inc has rolled out AI-powered tools built to reduce onboarding time and streamline digital payment operations.

Open Source AI Adoption Surges in Enterprises, McKinsey Report Finds
Science & Technology

Open Source AI Adoption Surges in Enterprises, McKinsey Report Finds

A recent McKinsey survey shows that more than half of organizations globally are now using open source AI technologies in their operations.

SpaceX Acquires xAI to Combine AI and Space Infrastructure
Science & Technology

SpaceX Acquires xAI to Combine AI and Space Infrastructure

Elon Musk’s SpaceX has acquired xAI in a major strategic integration that merges advanced artificial intelligence capabilities with one of the world’s leading private space companies. Analysts say the move could redefine how AI and space technology intersect, potentially creating a platform for next-generation computing and satellite services.

Why AI Can’t Go Far Without Payments
Fintech & Ecommerce

Why AI Can’t Go Far Without Payments

AI and payments had been going their separate ways for a while, until their convergence made the concepts of agentic commerce and automated transactions tangible. Why do we expect to hear the words AI and payments increasingly used in the same context in 2026 and how do these two fintech sectors mutually enhance each other? […]

Stripe and BigCommerce Expand Global Commerce Partnership
Fintech & Ecommerce

Stripe and BigCommerce Expand Global Commerce Partnership

E-commerce merchants using BigCommerce platform can now unlock globally optimized checkout, local payment options, AI-powered fraud protection and agentic commerce tools through an expanded Stripe integration.

ET NOW Global Business Summit 2026 to Reflect on ‘A Decade of Disruption, A Century of Change’
Events

ET NOW Global Business Summit 2026 to Reflect on ‘A Decade of Disruption, A Century of Change’

South Asia’s definitive thought leadership dialogue, The Times Group’s ET NOW Global Business Summit 2026 co-powered by Spark Capital and Bennett University, is back.

OpenAI Accelerates IPO Preparations as Competition Intensifies With Anthropic
Science & Technology

OpenAI Accelerates IPO Preparations as Competition Intensifies With Anthropic

OpenAI is preparing for a potential initial public offering (IPO) in the fourth quarter of 2026, as it seeks to become one of the first major generative‑AI companies to tap public markets.

Microsoft Q2 FY26 Revenue Surpasses $81B Driven by Cloud and AI Growth
Science & Technology

Microsoft Q2 FY26 Revenue Surpasses $81B Driven by Cloud and AI Growth

Microsoft has released its financial results for the second quarter of fiscal year 2026, highlighting continued revenue growth, robust profitability and expanding demand for cloud and AI‑related services.

Meta Revenue Tops $200 Billion as AI Investment Accelerates Despite Ongoing Reality Labs Losses
Science & Technology

Meta Revenue Tops $200 Billion as AI Investment Accelerates Despite Ongoing Reality Labs Losses

Meta has reported stronger-than-expected fourth-quarter and full-year financial results, surpassing Wall Street estimates on both revenue and earnings while significantly accelerating investment in artificial intelligence infrastructure.

Baltic Payment Forum: Where Europe’s Payment Decisions Are Made
Fintech & Ecommerce

Baltic Payment Forum: Where Europe’s Payment Decisions Are Made

On March 3, 2026, Baltic Payment Forum will bring together 300+ C-level executives and payment leaders from 30+ countries — including regulators, central banks, banks, and fintech founders — for a senior-level conversation on the future of payments in Europe.

Standard Chartered Employs AI to Boost Transaction Banking
Fintech & Ecommerce

Standard Chartered Employs AI to Boost Transaction Banking

Standard Chartered’s new AI-powered platform acts as a central hub of banking insights, products, and market capabilities, helping staff answer customer questions and find tailored solutions quicker and more precisely.

Altek AI Raises Pre-Seed Funding to Expand Autonomous Hotel Guest Communication Platform
Science & Technology

Altek AI Raises Pre-Seed Funding to Expand Autonomous Hotel Guest Communication Platform

Oslo-based startup Altek AI secures €423,000 (about $500,000) to scale its AI-powered platform that automates guest communication and supports hotel operations.

Orbital Secures €50M to Deepen AI Platform for Real Estate Law
Fintech & Ecommerce

Orbital Secures €50M to Deepen AI Platform for Real Estate Law

London-based LegalTech company Orbital has raised €50 million in Series B funding to expand its AI platform and embed it more deeply across the real estate legal workflow.

NEXA Lending Launches Chat & Social AI for Loan Originators
Fintech & Ecommerce

NEXA Lending Launches Chat & Social AI for Loan Originators

The new AI features are integrated directly into NEXA’s lending platform and include tools for drafting personalized messages, managing communication with borrowers, and automating routine tasks.

GoCanopy Raises €2.1M to Build AI Operating System for Institutional Real Estate Investors
Fintech & Ecommerce

GoCanopy Raises €2.1M to Build AI Operating System for Institutional Real Estate Investors

GoCanopy, a Paris-based AI platform for institutional real estate investors, has raised €2.1 million in seed funding, ending its bootstrapping phase as it looks to scale its AI-driven operating system and expand internationally.

PaySpace Magazine is dedicated to providing the latest news and updates on artificial intelligence (AI). Stay informed about the newest advancements in AI technology, applications, and trends. Explore a wide range of comprehensive articles, insightful interviews, and expert opinions to gain valuable insights into the constantly evolving world of AI. Whether you are a passionate tech enthusiast, an experienced industry professional, or simply curious about AI, PaySpace Magazine is the ultimate destination to fulfill all your cravings for AI-related news and information.