Coherent Solutions Releases AI Fraud Prevention Research for Banks

Coherent Solutions has released a Future of Finance research illustrating how AI is advancing fraud detection in financial services. The research offers financial institutions a strategic framework to address rising and more sophisticated fraud techniques with adaptive, human-in-the-loop AI systems, based on the firm’s extensive experience in AI engineering. This white paper addresses the modern threat of transaction fraud, which is becoming faster and smarter while conventional rule-based systems lag, leaving financial institutions exposed. Banks, credit lenders,...

Inference Research announces $20 Million Seed Round Led by Avenir Group

Inference Research, an AI-native quantitative trading franchise architected to capitalize on the convergence of Digital Assets and Traditional Finance, today announced its launch and the anticipated closing of a $20 million Seed funding round. The round was led by Avenir Group, a pioneering investment group that originated from Mr. Li Lin’s family office and is Asia’s prominent institutional investor. Founded by Luke Li, the former Co-founder and Head of Trading at Amber Group, Inference Research is built to...

Credibly Expands AI IP Portfolio With New Patent for SMB Financing Platform

Credibly, the AI-powered working capital company that champions small and medium-sized businesses (SMBs), announced today that the United States Patent and Trademark Office has issued Credibly a new patent, marking another milestone in the company’s continued investment in AI-driven underwriting and financing. The newly issued patent, U.S. Patent No. US 12,505,113 B2, further strengthens Credibly’s growing intellectual property portfolio and reflects the company’s long-term commitment to embedding Generative AI and Machine Learning directly into the...

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