AI applications in financial services, including trading platforms, FinTech, risk management solutions, accounting systems, and wealth management technologies.
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.
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.
Corridor Platforms collaborates with Google Cloud to provide banks with robust GenAI governance solutions, ensuring compliance and risk management.
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.
JustPaid and Veryfi, both Y Combinator-backed companies, have partnered to streamline financial management through AI, enhancing invoice automation and revenue operations.
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.
Datalign Advisory has secured $9 million in seed funding, with $5 million from Link Ventures, to enhance its AI-powered financial advisory platform.
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.
Finastra has introduced Assist.AI, an AI-powered assistant designed to improve trade finance operations, utilizing Microsoft Azure OpenAI Service.
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.
Weekly newsletter about AI in finance. Covers AI-driven trading, fintech innovations, and data analytics transforming markets
