Verint, a global leader in customer engagement solutions, has unveiled the success of its cutting-edge Genie Bot, an AI-powered conversational platform that is transforming how enterprises approach customer service and business efficiency. The Genie Bot is reportedly delivering millions of dollars in business value by optimizing interactions, reducing operational costs, and enhancing the overall customer […]
Month: June 2025
From Campfires to Platforms: What Banking Can Learn from the Music Industry’s Disruption.
The music industry has undergone a radical transformation in the past two decades — from CDs and downloads to streaming platforms like Spotify and YouTube Music. What was once a curated, artist-driven experience is now a real-time, user-personalized platform. And just like music, banking is on the verge of its own platform revolution. 1. Customer […]
NPCI and IDRBT Partner to Strengthen Cybersecurity in India’s Digital Payments Ecosystem.
In a strategic move to reinforce cybersecurity across India’s booming digital payments sector, the National Payments Corporation of India (NPCI) has partnered with the Institute for Development and Research in Banking Technology (IDRBT). The collaboration marks a critical step in building a secure and resilient infrastructure amid the rapid adoption of digital transactions in the […]
Sequoia Leads $75 Million Investment in Industrial Software Startup.
In a significant show of confidence in the industrial tech space, Sequoia Capital has led a $75 million funding round for a promising industrial software startup. The deal marks yet another strategic bet by the venture capital giant on companies transforming traditional industries through next-generation software and AI-driven automation. Who’s the Startup? While the name […]
Meta Introduces AI Video Editing to Meta AI and Edits App: Here’s What’s New.
Meta is doubling down on its AI innovation streak by introducing powerful AI video editing capabilities to both Meta AI and its standalone Edits app. This new feature set aims to simplify and enhance video creation for everyday users, content creators, and marketers alike — all with the help of generative AI. What’s New? The […]
What Caused the Internet Outage as Google Cloud Crash Disrupts Gmail, Spotify, and Snapchat?
In a surprising digital disruption, millions of users across the globe experienced service outages as Google Cloud suffered a significant crash, impacting major platforms like Gmail, Spotify, and Snapchat. The widespread connectivity issues brought critical online services to a halt and highlighted just how dependent the modern web ecosystem is on cloud infrastructure. What Happened? […]
Tata Power-DDL Appoints Dwijadas Basak as New CEO.
In a significant leadership move, Tata Power Delhi Distribution Limited (Tata Power-DDL) has appointed Dwijadas Basak as its new Chief Executive Officer. The announcement marks a new chapter for the power utility firm, which serves over 7 million residents in North and North-West Delhi and is known for pioneering reforms in India’s power distribution sector. […]
Cred’s Valuation Slump Signals Caution for India’s Fintech Companies
Indian fintech unicorn Cred is reportedly facing a significant valuation correction, sending a strong signal to the broader fintech ecosystem in the country. Once hailed as one of the fastest-growing startups in India, Cred’s decline in valuation reflects changing investor sentiment, increased scrutiny on unit economics, and the need for a shift from growth-at-all-costs to […]
Vistra Acquires Payroll Platform iiPay to Expand Global HR and Payroll Capabilities.
Global business services provider Vistra has announced the acquisition of iiPay, a leading cloud-based payroll solutions platform. This strategic move is aimed at enhancing Vistra’s global payroll and human capital management offerings, enabling the company to better serve multinational organizations with streamlined, tech-enabled payroll operations. A Strategic Fit for Global Expansion The acquisition of iiPay […]
Surprise? OpenAI to Connect with Google Cloud for Data Center Capacity, Says Report.
In a surprising development in the artificial intelligence space, OpenAI is reportedly in talks with Google Cloud to secure additional data center capacity, according to a recent report. This potential partnership between two of the most powerful forces in AI — OpenAI, backed by Microsoft, and Google, a long-time AI pioneer — has caught the […]
