
ServiceNow: $40 million for Indian banking AI
Banks aren't exactly known for being "futuristic," right? Yet, some are hitting the AI accelerator hard in banking.
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Saturday, August 1, 2026
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Banks aren't exactly known for being "futuristic," right? Yet, some are hitting the AI accelerator hard in banking.

Even tech titans know when to shift gears for the next big thing. Nandan Nilekani, a big name in Indian IT, is stepping down from his GP role.

Zuckerberg just greenlit an app where you can bet on literally anything — elections, sports, the future itself — without wagering actual cash. Think of it as the democracy of prediction markets: all the thrills, none of the financial regret.


Millions of Mexicans still operate entirely in cash, banking like it's 1995 — no formal account, no digital footprint, nothing. Now Clip, the homegrown payments company that's already conquered small businesses, is teaming up with Ant, the Chinese payments behemoth, to actually fix this.
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While WeChat rules China's app battlefield, Alipay is about to flip the script. Ant Group is testing an AI agent interface that could turn the tables in a fight that looked already lost.

As everyone else plays hide-and-seek with crypto, MoneyGram just built its own sandbox: MGUSD, a stablecoin designed to take over money transfers in Latin America. CEO Anthony Soohoo isn't waiting for permission — he's already eyeing how to reshape how billions of people move cash.
If you work in finance and use Claude, someone just decided to make it speak your language — literally and professionally. A developer took Anthropic's official toolkit and transformed it into a custom toolbox built for people living inside stock markets.
Fintech and traditional banks keep fighting over your money, and this time Klarna is raising the stakes. The Swedish company that got you hooked on buy-now-pay-later is moving beyond lending: it doesn't just want to lend you money anymore—now it wants you to entrust your savings with it too.

Remember when Italian tech was the exception? Bending Spoons, the Milan-based software house that controls powerhouses like Vimeo, Evernote, and even AOL, just knocked on the Nasdaq door with IPO paperwork in hand. Turns out the Italian dream of making it big in America is no longer just a dream.

While everyone else is busy chasing those ridiculously oversized, billion-parameter AI models, a bunch of researchers decided to do the exact opposite. They built an entire financial simulation using models so tiny they could practically fit in your pocket. And guess what? It actually works.

Imagine being able to bet on tomorrow's oil price, how many goals Juventus will score, or when the next iPhone will drop — and that bet actually becoming a proper financial instrument, tradable like a stock. Susquehanna, one of the US trading giants, has decided this isn't sci-fi anymore: they're building their empire on structured bets.