AI applications in financial services, including trading platforms, FinTech, risk management solutions, accounting systems, and wealth management technologies.
Mole Street and Datava have announced a strategic partnership to enhance services for credit unions by leveraging AI-driven data activation and business process optimization.
LexisNexis Risk Solutions has announced the release of Flyreel for Claims, an AI-powered tool designed to optimize property claims processes for U.S. home insurance carriers.
Margarita Finance has launched the first AI-powered agent for trading institutional-grade derivatives on the blockchain, enhancing transparency and accessibility in decentralized finance.
Paytm has partnered with Perplexity to integrate AI-powered search into its app, enhancing user experience by providing real-time information and financial assistance.
Auditoria.AI has raised $38 million in a Series B funding round led by Innovius Capital, with participation from Dell Technologies Capital and Sentinel Global. The funding will accelerate the company's AI-driven solutions for finance teams.
Taktile has secured $54 million in Series B funding to advance its AI-powered decision automation platform for financial services, announced in a press release.
Accelitas has patented a new technology to optimize ACH processing by identifying invalid bank routing and account number pairs, reducing costs and improving customer experience.
Huber Management has announced a new corporate bond research team focused on AI and quantum computing sectors, aiming to provide clients with insights into investment opportunities.
Lockchain.ai has closed a $5 million Series A funding round to expand its AI-powered blockchain risk management platform, announced in a press release. The funding will support the development of new features to improve speed and efficiency for cryptocurrency portfolio management.
Juniper Research predicts a 427% increase in global Open Banking API calls by 2029, driven by AI integration for personalized banking solutions.
Dow Jones has announced the acquisition of Dragonfly Intelligence and Oxford Analytica from FiscalNote for $40 million, as stated in a press release. The deal is expected to close in the first quarter of 2025.
Federal Reserve Vice Chair Michael Barr discussed the potential economic impacts of Generative AI, outlining two scenarios for its evolution and implications for various sectors.
Waterdrop Inc. has partnered with DeepSeek to integrate AI technology into its insurance services, aiming to transform traditional insurance processes.
CredCore has announced a $16 million Series A funding round led by Avataar Ventures to advance its AI-driven solutions for enterprise debt investment.
BGM Group Ltd. has announced the creation of the Duxiaobao Management Committee to spearhead AI-driven transformation in the insurance industry.
Ascendion and Axos Bank have partnered to enhance Axos Bank's Zenith platform with AI-driven solutions, aiming to improve customer experiences and operational efficiencies.
Tiger Brokers has integrated DeepSeek's AI model into its TigerGPT chatbot, enhancing investment support capabilities for users in China and Singapore, according to Reuters.
LexisNexis Risk Solutions has completed its acquisition of IDVerse, a provider of AI-powered document authentication and fraud detection solutions, as announced in a press release. This acquisition aims to expand LexisNexis' capabilities in risk and fraud solutions.
Toronto-based fintech startup Glassbox has raised $1.2 million in pre-seed funding to transform financial modeling with AI, announced in a press release. The funds will help expand their team and launch their AI-compatible platform.
Mastercard and Feedzai have partnered to help financial institutions prevent AI-driven scams, leveraging Feedzai's fraud platform to deploy Mastercard's Consumer Fraud Risk solution globally.
Weekly newsletter about AI in finance. Covers AI-driven trading, fintech innovations, and data analytics transforming markets
