Absa Bank Cuts Credit Risk Reporting Time With SAS Viya on AWS
Absa Bank says SAS Viya on AWS reduced credit risk reporting cycles by 80% to 90%, moving model monitoring reports from weeks to hours.
AI applications in financial services, including trading platforms, FinTech, risk management solutions, accounting systems, and wealth management technologies.
Absa Bank says SAS Viya on AWS reduced credit risk reporting cycles by 80% to 90%, moving model monitoring reports from weeks to hours.
Section 2 has launched with Hybrid Threat Central, an AML platform that uses Google Cloud and Vertex AI to identify criminal networks behind financial crime.
Datarails launched the AI Transformation Package, a service that places a Forward Deployed Financial Engineer inside customer finance teams to build custom AI workflows in FinanceOS.
STX has deployed Eventus Validus to monitor trading on its planned regulated event contracts market covering sports, crypto and other real world events.
Cryptoworth launched an AI Reconciliation Agent that helps enterprise finance teams reconcile portfolio data, investigate exceptions, and approve corrective actions with audit controls.
BestEx Research launched Pulse AI, a trading analytics interface that lets institutional desks query market data and execution analytics through AI assistants such as Claude and ChatGPT.
Utopaya has relaunched as Straata, an AI native service for payments revenue management across software platforms, ISOs, banks, and processors.
EngineersMind Corp. opened its first European office in Dublin and reported nearly 50 percent growth in production AI deployments during the first half of 2026.
Humain has invested in Saudi AI company Mozn to build enterprise AI solutions for banks, financial institutions, insurers, and public sector organizations.
De1 has launched its Financial World Model, a system designed to combine live capital execution with continuous learning for human traders and AI agents in on chain markets.
NCS Analytics has made NCS Thea available separately for lenders serving licensed cannabis businesses. The platform uses regulator reported operational data and predictive analytics to produce lending scores and borrower profiles.
Mili and Global Relay have partnered to capture and archive advisor meeting records generated by AI for wealth management firms that use both platforms.
Investec has selected Infosys Finacle's SaaS banking platform on Microsoft Azure to replace legacy systems across South Africa, the UK, Mauritius, and the Channel Islands.
Ping An Insurance has upgraded its health longevity service system, launched an AI and human coaching service, and unveiled 11 health longevity centers across China.
Plutus has launched an agentic AI platform for life and annuity operations. The platform runs inside ServiceNow and includes six agentic solutions for transaction workflows, controls, and policy remediation.
Zone & Co will roll out AP Intelligence Agent in August for customers using ZoneCapture or ZoneApprovals with Zone Control Center. The agent checks live ERP data for duplicate bills and vendors, stalled approvals, and bill status from purchase request to payment.
S&P Global Market Intelligence will add Farsight's AI powered financial workflow capability to Capital IQ Pro later this year. The tool will help bankers and investors create pitch decks, confidential information memoranda, and valuation materials using firm templates and past work.
Outmarket AI launched a Data Intelligence Platform that combines agency management system data with policy, proposal, and loss run documents for natural language analytics.
Pusan National University researchers introduced SIT, an AI model for portfolio allocation, and a framework for testing the reliability of financial AI systems under real world conditions.
Bloomberg has agreed to acquire Canoe Intelligence, an AI powered data management platform that automates private markets data collection and delivery.