Sriya.AI Unleashes the Power of AI Square to Create a More Secure Financial Services Industry

Sriya.AI Unleashes the Power of AI Square to Create a More Secure Financial Services Industry

Utilizing its patent filed Large Numerical Models (LNMs), Sriya.AI can increase financial services business outcomes by up to 200%. Atlanta, GA, May 04, 2024 (GLOBE NEWSWIRE) — (Sriya.AI CEO, Srinivas Kilambi) The dynamic relationship between financial services and technology products has expanded significantly throughout the years, coining an entirely new industry–fintech. Although financial services groups …

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Apple Pay Later to report data to Experian, a ‘positive first step’ for consumers

Apple Pay Later to report data to Experian, a ‘positive first step’ for consumers

Users of Apple’s AAPL, -0.66% buy-now-pay-later platform will soon have their payment history reported to one of the major credit bureaus, but it won’t affect their credit scores — at least not yet. The announcement marks the latest move by credit bureaus to gradually incorporate buy-now-pay-later data into their models as this type of debt …

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UBS raises 2024 forecast for S&P 500 after ‘surge in AI investment’

UBS raises 2024 forecast for S&P 500 after ‘surge in AI investment’

UBS Group’s global wealth management business has raised its year-end target for the S&P 500 index to 5,200, citing drivers such as surging investment in artificial intelligence and stronger-than-expected company earnings. The S&P 500, a gauge of large-cap stocks in the U.S., broke past 5,100 on Friday morning, after AI beneficiary Nvidia Corp. NVDA on …

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Opinion: OpenAI’s Sam Altman has plans for AI that could mean big money for Intel

Opinion: OpenAI’s Sam Altman has plans for AI that could mean big money for Intel

I’m bullish on Intel for three main reasons: the leadership of Chief Executive Pat Gelsinger, the company’s strong ecosystem and Intel’s INTC ambitious foundry business — which has perhaps found the perfect moment to become the most important driver of Intel’s future.  Open AI CEO Sam Altman drew widespread attention recently when he appealed for up …

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Klarna is selling a buy-now-pay-subscription. Is it worth it?

Klarna is selling a buy-now-pay-subscription. Is it worth it?

Klarna, a major buy-now, pay-later provider, is offering a new monthly subscription for its customers for $7.99. The biggest attraction? It eliminates service fees. “The main proposition of Klarna Plus right now is that you don’t pay any service fees,” Klarna Chief Marketing Officer David Sandstrom said in a statement. “So if you love Klarna …

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Lawmakers announce creation of bipartisan group on AI

Lawmakers announce creation of bipartisan group on AI

A bipartisan group of lawmakers announced Thursday that they would be creating a “Working Group” on artificial intelligence (AI). Rep. Maxine Waters (D-Calif.), ranking member of the House Financial Services Committee, along with Financial Services Committee Chair Patrick McHenry (R-N.C.), announced the creation of the group. The AI Working Group will explore how AI “is …

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