A bank that exists mostly as computer software is getting ready to open in Dallas. This isn’t a regular bank with tellers and vaults. Instead, it plans to handle money transfers, hold digital coins, and process payments using blockchain technology. The bank got the green light from U. S. regulators
Bitcoin’s recent climb past $76, 000 has investors buzzing about the end of a long downturn—but is this just another false start? In May, Bitcoin surged over 5%, marking its third straight month of gains. Historically, that’s rare in bear markets, but some warn that past performance doesn’t guarante
OpenAI is teaming up with PwC LLP to create AI tools that can handle financial tasks on their own. The plan is to let these systems work alongside the company’s internal finance team, showing how they can change a key part of business operations. The goal is to make revenue tracking and the final ac
Abu Dhabi recently hosted a major discussion on AI and blockchain’s role in finance. About 40 top figures from banks like BlackRock, regulators, and tech firms joined forces to explore how these technologies could transform markets. The focus wasn’t just on theory—it was on real challenges. Leaders
A lot of people now turn to AI for financial tips, especially younger generations. About two-thirds of those who’ve tried AI for money advice end up following its suggestions. But what many don’t realize is that AI’s answers depend entirely on how well the questions are asked—just like giving a robo
The company behind an AI tool that digs through business documents just hired a new chief financial officer. After using the platform for years as an investor, she now runs its finances. The tool indexes over half a billion documents—SEC reports, earnings calls, research papers—so finance teams can
A London startup called Round just raised $6 million to make life easier for finance teams. Their software connects to banks, payroll systems, and accounting tools. Instead of clicking through many screens, companies set rules once—like payment deadlines and minimum cash levels—and Round handles the
A key financial leader has left xAI, the AI startup connected to SpaceX. The former CFO, Anthony Armstrong, stepped down recently. His departure comes as other top executives also exit, showing bigger changes inside the company. Armstrong had a big role before—helping with the purchase of X (formerl
More than a third of people, no matter their age, are turning to chat‑style helpers like Claude and ChatGPT for investment advice before they even talk to a real adviser. The trend is growing as companies such as Anthropic find fresh ways to add AI into banking and investing. Some worry about the da
Adobe’s chief financial officer has reshaped the company’s money‑handling team into a high‑tech laboratory, using artificial intelligence to speed up and sharpen every step. The new system blends strict data rules with smart algorithms, letting finance, IT, and security share a single leader so new
