CredCore Secures $16 Million to Enhance AI in Debt Investment
CredCore has announced a $16 million Series A funding round led by Avataar Ventures to advance its AI-driven solutions for enterprise debt investment.
February 21, 2025
Financial Services
AI applications in financial services, including trading platforms, FinTech, risk management solutions, accounting systems, and wealth management technologies.
BGM Group Forms Duxiaobao Committee to Boost AI in Insurance
BGM Group Ltd. has announced the creation of the Duxiaobao Management Committee to spearhead AI-driven transformation in the insurance industry.
February 19, 2025
Ascendion and Axos Bank Collaborate on AI-Driven Digital Banking Platform
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.
February 19, 2025
Tiger Brokers Integrates DeepSeek AI Model into Chatbot
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.
February 19, 2025
LexisNexis Risk Solutions Acquires IDVerse to Enhance AI-Powered Fraud Detection
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.
February 19, 2025
Glassbox Secures $1.2M to Revolutionize AI Financial Modeling
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.
February 19, 2025
Mastercard and Feedzai Collaborate to Combat AI-Powered Scams
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.
February 19, 2025
Napier AI Opens Centre of Excellence in Belfast, Creating 106 Jobs
Napier AI has announced the establishment of a new Centre of Excellence in Belfast, Northern Ireland, creating 106 jobs. The office will focus on advancing financial crime compliance technologies.
February 18, 2025
Corridor Platforms Partners with Google Cloud to Enhance GenAI Governance for Banks
Corridor Platforms collaborates with Google Cloud to provide banks with robust GenAI governance solutions, ensuring compliance and risk management.
February 15, 2025
Finmo Secures $18.5 Million to Enhance AI-Powered Treasury Solutions
Finmo has raised $18.5 million in a Series A funding round co-led by Quona Capital and PayPal Ventures, as announced in a press release. The funds will be used to accelerate product development and expand global reach.
February 12, 2025
JustPaid and Veryfi Partner to Enhance Financial Management with AI
JustPaid and Veryfi, both Y Combinator-backed companies, have partnered to streamline financial management through AI, enhancing invoice automation and revenue operations.
February 12, 2025
Sapiens Unveils AI-Enhanced Underwriting Solution for Insurers
Sapiens International Corporation has released UnderwritingPro v14, an advanced automated underwriting system for life and annuities insurers, featuring AI-driven capabilities and enhanced communication tools.
February 12, 2025
Datalign Secures $9M to Boost AI Financial Advisory Solutions
Datalign Advisory has secured $9 million in seed funding, with $5 million from Link Ventures, to enhance its AI-powered financial advisory platform.
February 12, 2025
Sardine AI Secures $70M in Series C Funding to Enhance Fraud and Compliance Operations
Sardine AI raises $70 million in Series C funding to expand its AI risk platform, aiming to improve fraud prevention and compliance efficiency for financial institutions.
February 11, 2025
Finastra Launches AI Assistant to Enhance Trade Finance Operations
Finastra has introduced Assist.AI, an AI-powered assistant designed to improve trade finance operations, utilizing Microsoft Azure OpenAI Service.
February 10, 2025
Neofin Secures $7M to Enhance AI-Powered Accounts Receivable Solutions
Brazilian startup Neofin has raised $7 million in a seed round led by Quona and Upload Ventures to advance its AI-driven accounts receivable platform. The funds will be used to develop new features and expand AI capabilities.
February 06, 2025
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