Feed Items
OpenEvidence raised $210 million in a Series B funding round to expand the content partnerships that enhance its medical search and artificial intelligence application for physicians.
[contact-form-7]
The company’s clinical decision support platform helps frontline healthcare providers access, evaluate and apply medical knowledge, according to a Tuesday (July 15) press release.
The...
BNY has seen nearly all its employees adopt the bank’s artificial intelligence platform, Eliza, and the bank expects the technology to help them serve clients and grow the company.
[contact-form-7]
The bank saw 36% of employees adopt the Eliza AI platform during the first year it was available, fiscal year 2024, and it saw 96% adoption in the first half of this year, according to a...
Shopify has reportedly introduced rules governing merchants’ use of agentic artificial intelligence (AI).
[contact-form-7]
As Modern Retail reported Monday (July 14), the eCommerce platform has begun including a warning in the code powering merchant storefronts, establishing what these autonomous bots can and cannot do.
“Automated scraping, ‘buy-for-me’ agents, or any end-to-end flow...
The Bank of England says it’s working on a new infrastructure for U.K. retail payments.
[contact-form-7]
This new model, the central bank’s Payments Vision Delivery Committee said in a news release Tuesday (July 15), “embeds public and private sector collaboration, utilizing the right expertise in the right functions to drive transformation.”
In addition, the model supports “short-term...
Stablecoins are a work in progress, but JPMorgan Chase CEO Jamie Dimon is a skeptic.
[contact-form-7]
But his comments during the bank’s second-quarter earnings call on Tuesday (July 15) indicate that the nascent digital holdings will be a fixture on the world stage, and certainly as JPMorgan competes with digital upstarts to deliver new payment modalities.
The conference call comes in...
Federal Reserve Financial Services (FRFS) completed its previously announced adoption of the ISO 20022 message format for the Fedwire Funds Service.
[contact-form-7]
It did so in a single-day implementation on Monday (July 14), according to its ISO 20022 implementation center, as it said it would do in a June 18 announcement.
“With this implementation, we sunset the existing proprietary...
Artificial intelligence (AI) software engineer provider Cognition is acquiring AI code generation startup Windsurf, the companies said Monday (July 14) in separate blog posts.
[contact-form-7]
These announcements came after Friday’s (July 11) news that Google had successfully recruited several top executives and researchers from Windsurf.
Cognition said in its blog post that it signed a...
Community banks in Texas made, matched and facilitated donations to help victims during the ongoing flooding that began in the state on July 4.
[contact-form-7]
Fredericksburg, Texas-based Security State Bank...
Bitcoin is at an all-time high, sitting north of $120,000, while U.S. lawmakers have declared the next few days an ambitious legislative sprint they’ve dubbed “Crypto Week.”
[contact-form-7]
No, this isn’t the fever dream of a bitcoin maxi being shared hopefully in a niche crypto forum in 2016. It’s the current state of the digital asset landscape in 2025.
“Huge week ahead — it’s...
For banks doing business in the private credit market, and in working with nonbank firms, the leverage used by those intermediaries poses risks to stability on the international stage.
[contact-form-7]
The Financial Stability Board said in a new report that nonbank financial institutions (NBFIs), spanning hedge funds and private credit entities, among others, were tied to $218 trillion...