MUNICH, June 30, 2025 /PRNewswire/ — Vasi Philomin has been appointed Executive Vice President and Head of Data & Artificial Intelligence, effective July 1, 2025. In this role, he will further accelerate the development and growth of Siemens’ comprehensive AI portfolio to create additional customer value. Siemens is rapidly scaling and expanding its AI-powered offerings, which currently includes 35 applications – among them, the award-winning Industrial Copilot. Under Philomin’s leadership, the company will also drive the development of an industrial foundational model that delivers industrial-grade AI for customers – designed to be safe, secure, reliable, and trustworthy. He will report directly to Peter Koerte, Member…
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Saifr’s AI capabilities help compliance and marketing teams streamline regulatory compliance and efficiently manage risk BOSTON, June 30, 2025 /PRNewswire/ — Saifr®, a leading AI technology company incubated within Fidelity Labs, today announced new AI capabilities that can help insurance companies efficiently manage compliance with advertising regulations for life insurance and annuity products. Saifr’s latest AI agent alerts are based on model laws developed by the National Association of Insurance Commissioners (NAIC) and will expand to include various US state-level regulations. The AI agent alerts on potentially noncompliant or problematic content, explains the reasoning behind the alert, and generates recommendations to help mitigate…
NEW YORK, June 30, 2025 /PRNewswire/ — Algebrik AI Inc., a Delaware-incorporated company headquartered in New York City and pioneering the world’s first cloud-native, AI-powered, digital-era Loan Origination Platform (LOS), today announced a strategic partnership with SentiLink, a leading provider of identity verification and fraud detection solutions. This collaboration aims to enhance fraud prevention capabilities within Algebrik’s LOS, providing credit unions and community lenders with advanced tools to detect and mitigate identity fraud at the point of application. Enhancing Fraud Detection with SentiLink’s Expertise Algebrik AI partners with SentiLink to embed real-time fraud detection into loan origination.Post this SentiLink’s solutions are designed to identify and prevent various forms of identity fraud, including synthetic identities…
WALLDORF, Germany, June 30, 2025 /PRNewswire/ — SAP Fioneer, a leading global provider of financial services software solutions and platforms, today announced the launch of its AI Agent: an expert-built solution designed to intelligently enhance core operations of financial services institutions. The first release of the Fioneer AI Agent lays the foundation for banks and insurers to automate processes, gain real-time insights, and make smarter decisions using natural language and without the need to share data externally. The Fioneer AI Agent is generally available now as an add-on for SAP Fioneer S/4HANA products in Banking, Insurance, and Finance. By leveraging the suspense account analysis, finance teams can…
LONDON, June 30, 2025 /PRNewswire/ — Univers, a global leader in AI and IoT technology for energy, has announced it will integrate Microsoft technologies and collaborate with Microsoft globally to accelerate the transition to sustainable energy through cutting-edge AI and cloud solutions. This Memorandum of Understanding (MOU) announcement is made in London during One Univers London, Univers’ flagship executive forum held in conjunction with London Climate Action Week. As a part of the agreement, the parties will explore enhancement of energy efficiency in data centers, by leveraging Microsoft AI Cloud capabilities, to strengthen Univers’ sustainability solutions. The key parts of the collaboration also include the integration of Univers’ award-winning EnOS™ Ark platform with Microsoft data and AI services,…
With innovative technology rooted in advanced behavioral science, AIMY™ contributes to long-term professional growth for the entire workforce. NEW YORK, June 30, 2025 /PRNewswire/ — CoachHub, the leading global digital coaching platform, today announces AIMY™ is officially available to all customers. AIMY™ is an innovative AI coach that redefines workforce development by delivering continuous, personalized coaching to employees at all levels. With AIMY™, organizations can take a 360° approach to coaching, ensuring its transformative power. This solution allows organizations to extend coaching to their entire workforce and effortlessly scale their L&D initiatives. Additionally, AIMY™ can be customized to fit an organization’s needs and…
PALO ALTO, Calif., June 30, 2025 /PRNewswire/ — Every security practitioner knows that employees are the weakest link in an organization, but this is no longer the case. SquareX’s research reveals that Browser AI Agents are more likely to fall prey to cyberattacks than employees, making them the new weakest link that enterprise security teams need to look out for. Browser AI Agents are software applications that act on behalf of users to access and interact with web content. Users can instruct these agents to automate browser-based tasks such as flight bookings, scheduling meetings, sending emails, and even simple research tasks. The productivity…
CHICAGO, June 25, 2025 /PRNewswire/ — The Edge AI Software Market is projected to be valued at USD 1.95 billion in 2024 and reach USD 8.91 billion by 2030, growing at a CAGR of 28.8% according to a new report by The Research Insights, poised for growth driven by an aging population worldwide. As demands grow for more reliable systems, edge AI software has become a cornerstone in critical applications, delivering speed and enhanced data control. The report runs an in-depth analysis of market trends, key players, and future opportunities. In general, the Edge AI Software Market growth of 28.8% comprises a vast array of Offering, Data Type, Vertical, and Geography which are…
PUNE, India, June 24, 2025 /PRNewswire/ — Tech Mahindra (NSE: TECHM), a leading global provider of technology consulting and digital solutions to enterprises across industries, today announced the launch of a new managed services offering for Cisco Multicloud Defense, a component of Cisco’s Hybrid Mesh Firewall. Tech Mahindra’s managed services offering will provide enterprises with robust cloud security solutions that enable secure, scalable, and seamless operations across multi-cloud environments. As enterprises continue to adopt multi-cloud strategies to accelerate agility and innovation, securing these complex environments has become increasingly critical. This new collaboration combines Tech Mahindra’s expertise in managed services and cloud transformation with Cisco Multicloud Defense to deliver multidirectional protection…
Prestigious International Annual Awards Program Honors Standout AI Companies & Solutions NEW YORK, June 25, 2025 /PRNewswire/ — WorkFusion, a pioneer in AI agents for financial crime compliance (FCC), today announced that its WorkFusion AI Agents solution has been named “AI-based Financial Services Solution of the Year” in the 8th annual AI Breakthrough Awards program conducted by AI Breakthrough, a leading market intelligence organization that recognizes the top companies, technologies and products in the global Artificial Intelligence (AI) market today. WorkFusion’s pre-built AI Agents, Evan, Tara and Evelyn, help banks tackle the operations challenges of financial crime compliance including sanctions screening alert review and adverse media monitoring. Working alongside human colleagues,…