AI - page 6

Cashfree Payments Reports ₹1,000 Crore FY26 Revenue, Targets Full-Year EBITDA Profitability In FY27
Fintech & Ecommerce

Cashfree Payments Reports ₹1,000 Crore FY26 Revenue, Targets Full-Year EBITDA Profitability In FY27

Indian fintech company Cashfree Payments said it recorded revenue of around ₹1,000 crore in FY26 and achieved EBITDA profitability in March 2026. The company is now targeting full-year EBITDA profitability in FY27.

DECTA Study: 77% Of Digital Banking App Users Have Had a Payment Blocked, Chatbots Resolved Issues Just 11% Of The Time
News

DECTA Study: 77% Of Digital Banking App Users Have Had a Payment Blocked, Chatbots Resolved Issues Just 11% Of The Time

Payment infrastructure company DECTA has published findings from a study examining two specific failure points in digital banking and payment apps: the frequency with which automated systems block or decline user transactions, and the rate at which AI chatbots subsequently fail to resolve the resulting issues.

Alipay Launches AI Wallet and Token Pay Services With 300 Million Transactions Recorded to Date
News

Alipay Launches AI Wallet and Token Pay Services With 300 Million Transactions Recorded to Date

On May 26, Alipay, which is an Ant Group digital payments company, introduced two solutions at its AI Payment Ecosystem Conference in Hangzhou: AI Wallet and Token Pay.

Nayax Adds AI-Powered Product Discovery To Its Retail Platform, Processing 3.5 Billion Transactions Yearly
News

Nayax Adds AI-Powered Product Discovery To Its Retail Platform, Processing 3.5 Billion Transactions Yearly

The Nayax platform, which offers payment solutions as well as a comprehensive suite of tools for building loyalty with customers, has recently introduced a range of new product discovery and personalization features underpinned by AI capabilities that enable retailers to better serve their customers.

Farther Raises $150m Series D as Recruited Assets Surpass $23B
News

Farther Raises $150m Series D as Recruited Assets Surpass $23B

Farther, a wealth management platform, has raised $150 million in a Series D funding round that was led by General Atlantic and joined by existing investors including CapitalG, Bessemer Venture Partners, Cota Capital and MassMutual Ventures.

AI to Automate 50% Tasks in Financial Services Roles, UK Report Says
Finance & Economics

AI to Automate 50% Tasks in Financial Services Roles, UK Report Says

A UK government-commissioned report by the Financial Services Skills Commission (FSSC) estimates that artificial intelligence (AI) could automate around 30% to 50% of tasks in most financial services roles.

Paystack Launches Rebuilt Dashboard With AI-Native Command Center After 10 Years
Fintech & Ecommerce

Paystack Launches Rebuilt Dashboard With AI-Native Command Center After 10 Years

Africa-focused fintech firm Paystack has introduced a redesigned version of its merchant Dashboard, driven by AI tech, which the company describes as its first full rebuild in approximately 10 years. 

Sandbox Wealth And Barkr Partner On AI-Driven Asset Valuation For Lending Workflows
News

Sandbox Wealth And Barkr Partner On AI-Driven Asset Valuation For Lending Workflows

Barkr and Sandbox Wealth have formed an alliance to provide Sandbox Wealth’s liquidity and lending capabilities on the Barkr platform by integrating Barkr’s AI-based asset valuation methodology.

Klarna AI-Powered Shopping Search is Now Directly Embedded in ChatGPT
News

Klarna AI-Powered Shopping Search is Now Directly Embedded in ChatGPT

Flexible payments provider Klarna facilitates e-commerce shopping experience for ChatGPT users, who can now instantly see visual search results with up-to-date prices, availability, and offers from multiple merchants, all within the same conversation with the chatbot.

AI Changes E-Commerce Discovery But Brand & Price Remain Top Purchase Factors
Fintech & Ecommerce

AI Changes E-Commerce Discovery But Brand & Price Remain Top Purchase Factors

AI adoption in online shopping is rapidly growing, but only 14% of e-commerce consumers blindly rely on the AI engine best choice, while the majority factors in price and brand integrity during the decision-making process.

What Is a 10-K Financial Report and Why Does It Matter?
Finance & Economics

What Is a 10-K Financial Report and Why Does It Matter?

Every publicly traded company in the United States has a story to tell every year. It is through dense regulatory filing that investors, lawyers, auditors, and analysts dissect line by line. That filing is the 10-K.

Crypto Security Faces Rising AI Pressure: Why Agentic Commerce Risks Hit DeFi Harder Than TradFi
Blockchain & Crypto

Crypto Security Faces Rising AI Pressure: Why Agentic Commerce Risks Hit DeFi Harder Than TradFi

Where rapidly developing artificial intelligence ambushes crypto security, one of the most pressing risks in digital finance arises. Experts warn that AI-driven transactions and other automated financial activities are emerging in such volumes that they’re beginning to overwhelm existing compliance frameworks. What happens next if AI commerce is just starting to bud?

AI Instead of Managers: What Block’s 4,000-Job Cut Tells European Fintech and How to Prepare
Fintech & Ecommerce

AI Instead of Managers: What Block’s 4,000-Job Cut Tells European Fintech and How to Prepare

By the time most fintech executives finish reading this sentence, another workflow that once required a human manager will have been automated with AI somewhere in the world. At least, this operational logic is now playing out inside Block Inc., the payments and financial services company co-founded by Jack Dorsey.

Block Profits Rise 27% After Company Lays 4,000 Middle Managers in Favour of AI Tools: Coincidence or Pattern?
Fintech & Ecommerce

Block Profits Rise 27% After Company Lays 4,000 Middle Managers in Favour of AI Tools: Coincidence or Pattern?

As Block’s strategy has shifted to deep AI embedment into the core processes, CEO Jack Dorsey predicts all the company’s middle management layer can be ultimately substituted with smart tech, boosting fintech’s service efficiency. The direction Block has chosen is starting to pay off: after 4,000 layoffs, the company sees robust financial growth across all […]

Investor’s Guide: Should You Buy Lime Shares at IPO If You Missed the Nvidia Rally?
Finance & Economics

Investor’s Guide: Should You Buy Lime Shares at IPO If You Missed the Nvidia Rally?

Every bull market has its “wish I had bought that” moment. In 2023–2025, it was Nvidia. Now, as the IPO market stirs back to life with Lime, the Uber-backed scooter giant targeting a $10 billion valuation, a new question is forming in investor group chats and brokerage forums alike: is this the next asymmetric opportunity, […]

Nvidia Hits $5.5 Trillion Valuation With Zero Revenue From Its Former Biggest Growth Market: Could Huang Trip to China Accelerate Its Dominance?
News

Nvidia Hits $5.5 Trillion Valuation With Zero Revenue From Its Former Biggest Growth Market: Could Huang Trip to China Accelerate Its Dominance?

The AI arms race just crowned its first $5.5 trillion company – Nvidia has officially outpaced Google and Apple setting the unprecedented valuation record. At the same time, the world’s most valuable chipmaker is still locked out of the market that could make that number look small. China that used to be one of Nvidia’s […]

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