Cambridge Launches AI-Driven Account Opening Tool
Cambridge Investment Research has launched an AI-driven tool for account openings, reducing processing time from nine days to 17 minutes, according to a press release.
AI applications in financial services, including trading platforms, FinTech, risk management solutions, accounting systems, and wealth management technologies.
Cambridge Investment Research has launched an AI-driven tool for account openings, reducing processing time from nine days to 17 minutes, according to a press release.
Concirrus has become the first insurtech to earn ISO/IEC 42001, ISO/IEC 27001, and SOC 2 certifications, setting a new standard for AI-driven underwriting.
Freedom IP Capital has launched an AI-powered financial market trading bot and upgraded its digital finance platforms, according to a press release.
Cyberscope has filed a U.S. patent for Cyberscan, an AI-optimized blockchain trust scoring platform, designed to enhance security and transparency in Web3 projects.
Growfin has announced a strategic partnership with Zuora to leverage AI in transforming accounts receivable processes for enterprises, as stated in a press release.
HCAP Partners has successfully exited its equity investment in Saphyre, an AI-driven fintech platform, following a $70 million growth equity investment led by FTV Capital.
Drivepoint has raised over $9 million in new funding to enhance its AI-powered finance platform for consumer brands, announced in a press release. The Series A round was led by Vocap Partners, with participation from Good Friends VC and existing investors.
Future FinTech Group's subsidiary, FTFT International Securities & Futures Co., Ltd., has launched an AI application for investment analytics and trading in collaboration with MaxQuant AI.
HSBC has announced a $54.1 billion investment in sustainable finance and AI, aiming to support the transition to net zero and enhance operational efficiency.
Roots, known for its AI-driven solutions in the insurance sector, has been named to the Inc. 5000 list of fastest-growing private companies, highlighting its impact on modernizing insurance operations.
CommBank has announced a strategic partnership with OpenAI to explore generative AI solutions for enhanced banking services, including fraud detection and personalized customer experiences.
Presight has signed an MoU with Dow Jones Factiva to explore AI-powered risk intelligence solutions for financial institutions and regulators.
Integrity Cap and IntegriTech have partnered to introduce an AI-driven lending platform aimed at streamlining loan approvals and reducing costs for lenders and SMBs.
Lendflow has launched 'Lendflow Automate', an AI-powered suite designed to enhance lending operations, announced at the Ai4 event.
ThetaRay has introduced an AI-powered platform to combat financial crimes such as money laundering and fraud, reducing false positives by up to 90%.
Finastra and NTT DATA have expanded their partnership to enhance the Lending Cloud Service, focusing on the MAAP and LATAM regions, as announced in a press release. This collaboration aims to improve managed services for financial institutions.
Medius reports that nearly a third of finance professionals struggle to identify AI-generated fake receipts, raising concerns about fraud with the launch of GPT-5.0.
Weilliptic has announced a new platform for agentic AI, combining AI and blockchain for secure, transparent operations, according to a press release.
Casap has raised $25 million in Series A funding to improve its AI-driven platform for resolving payment disputes and reducing fraud losses, announced in a press release.
PERMA has implemented Convr's Intake AI to enhance its underwriting operations, as announced in a press release. This move aims to digitize and standardize processes, improving efficiency and profitability.