Search results for KPMG
Finance
139.99 billion flowed into fintech; H2 battlefield is infrastructure and AI
Global fintech investment in the second half is expected to concentrate on stablecoin and digital-asset infrastructure, AI and agent commerce, an outlook said. Funding is likely to shift toward companies that have proven profitability and scalability, rather than simple technology experiments. KPMG named financial infrastructure as a key focus, citing expanding stablecoins and tokenised assets and demand to modernise legacy core systems at traditional financial institutions. Large payment-sector M&A is also expected to continue.
Crypto
Tether completes first annual financial audit, secures KPMG unqualified opinion
Tether completed its first formal audit of annual financial statements and received an unqualified opinion from KPMG US. The audit of Tether’s 2025 financial statements found its reserves exceeded liabilities by $6.814 billion. KPMG independently reviewed transactions, systems, ownership records, valuation and counterparties, and directly verified Tether’s gold holdings. Tether said USDT remains its core business, with a market capitalisation of about $183 billion.
AI & Enterprise
Executives\' delusion about owning AI
A recent export-control move by an overseas government that shut off a top-tier AI model within hours has refocused attention on whether companies truly own the AI they rely on. Many firms depend on external suppliers for key AI capabilities and may face risks if services are restricted, prices rise or products change. Surveys cited in the article show many CEOs say they lead AI strategy but few control key decisions, while pressure for measurable AI results is rising.
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AI & Enterprise
China open-weight AI overtakes U.S. models on developer platform; usage three times higher on price
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AI & Enterprise
Companies stymied by AI cost management; 29 percent of executives say hard to understand operating cost rises
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AI & Enterprise
National AI Strategy Committee calls for data-based AI company valuation system
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Finance
K-Bank starts building remote lending system for small and midsized companies
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AI & Enterprise
Younglimwon Softlab, Samjong KPMG to hold second seminar on IFRS 18 support on July 9
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AI & Enterprise
Anthropic\'s Claude Fable 5 hit by U.S. export controls, adding uncertainty to global AI landscape
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AI & Enterprise
KPMG AI use-case report riddled with false information due to AI hallucinations
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AI & Enterprise
Younglimwon SoftLab, Samjong KPMG to hold IFRS 18 seminar on June 12
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AI & Enterprise
Microsoft unveils latest global AI cases from railways to security firms
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Finance
Shinhan Bank steps up comprehensive advisory for succession market, from corporate sales to asset management
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AI & Enterprise
Younglimwon SoftLab expands accounting audit support ERP market with Samjong KPMG
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AI & Enterprise
KT redesigns AI strategy amid reorganisation, bets on B2B AX
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Crypto
Dunamu, Bithumb formalise IPO plans, differ on timing and approach
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Telecommunications & Media
KT overhauls organisation, cuts executive ranks about 30 percent to focus on renewal and efficiency
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Crypto
Bithumb confirms Lee Jae-won second term as CEO; IPO after 2028, dividends for board discussion