AI applications in financial services, including trading platforms, FinTech, risk management solutions, accounting systems, and wealth management technologies.
RBC, TD, CIBC and BMO will block personal AI agents from directly accessing authenticated customer accounts, citing security, privacy and fraud risks.
Verisk is adding its insurance intelligence to Amazon Quick and Microsoft Copilot while expanding the information available through Claude.
CoverGo raised $6 million in the initial close of a Series B1 round led by Betatron Venture Group. The company will fund product development and global expansion.
Collective raised $100 million: a $40 million Series B and a $60 million growth facility from General Catalyst's Customer Value Fund. It will use the capital to develop banking and insurance products for solo businesses.
The startup founded by former UK minister Bim Afolami and PrimaryBid cofounder Anand Sambasivan will automate routine administrative work for insurance brokers.
A Bank of England and FCA survey found 86% of UK financial firms use AI and 80% have AI agents in production, mostly with limited autonomy.
Nevis raised €62 million in Series B funding to expand its AI agents and integrations for financial advisory firms.
Brazilian bank Itaú Unibanco agreed to buy AI startup NeoSpace for 2.925 billion reais, about $589 million.
Cloud Guardian uses AI to review proposed infrastructure changes for GSS, reducing release preparation and technical review times while keeping final decisions with engineers.
Stripe Treasury now lets startups use agents such as ChatGPT and Claude to check balances, pay invoices, transfer funds, and convert currencies.
OpenAI and ICBA are creating a pathway for eligible community banks to access subsidized cybersecurity tools, training and technical support through Daybreak for Frontline Defenders.
CCH Axcess Tax can now prepare and calculate individual Form 1040 returns, then flag exceptions for professional review.
TD Bank has introduced Credit Assist, an AI tool that prepares first drafts of commercial credit analyses in under 30 minutes. More than 300 credit professionals will use the tool to process documents and draft six sections of each credit memo.
Union Home Mortgage demonstrated conversational voice agents, automated document review tools and future prototypes at its 2026 Annual Partner Celebration.
Vann creates financial reports, forecasts and quality of earnings analyses from closed accounting records, with figures linked to source records.
H6 has filed a US patent application for its finance automation system after processing €30 million worth of invoices since January 2026.
Cognitive Credit secured a $40 million growth investment led by Summit Partners to expand its corporate credit data, analytics and AI products.
Slingshot Insurance emerged from stealth with $27 million in seed funding for its AI based embedded insurance platform.
Miami fintech startup BOB raised $5.5 million in seed funding to expand its AI finance assistant for small businesses and hire more staff.
Chargeflow says its new AI model detects 10 times more fraud and abuse, including stolen cards, delivery patterns and repeat disputes.
Weekly newsletter about AI in finance. Covers AI-driven trading, fintech innovations, and data analytics transforming markets