Finloop Joins Hong Kong's Strategic Enterprises Under OASES
Finloop, an AI-driven wealth management platform, has become a strategic enterprise of Hong Kong's OASES, marking a significant step in Fosun Wealth Holdings' fintech strategy.
AI applications in financial services, including trading platforms, FinTech, risk management solutions, accounting systems, and wealth management technologies.
Finloop, an AI-driven wealth management platform, has become a strategic enterprise of Hong Kong's OASES, marking a significant step in Fosun Wealth Holdings' fintech strategy.
Octane has raised $6.75 million in a seed funding round led by Archetype and Winklevoss Capital to develop AI-powered cybersecurity solutions for blockchain.
PZU, a leading financial institution in Central Europe, has collaborated with SAS to develop a comprehensive AI governance framework, enhancing customer protection and regulatory compliance.
Canapi Ventures has introduced its Generative AI Council to connect AI startups with financial institutions, fostering collaboration and innovation in the sector.
Broadridge Financial Solutions reports a significant increase in AI and digital asset investments among financial services firms, with data strategy and legacy tech challenges persisting.
RxPreferred has launched RxP-AI, an AI-driven platform designed to optimize pharmacy benefits management and reduce drug costs, as announced in a press release.
David Hardoon has been appointed as the Global Head of Artificial Intelligence at Standard Chartered, where he will lead AI integration across the bank's global operations.
Payhawk has launched the 'AI Office of the CFO,' a suite of AI agents designed to enhance productivity in finance operations, as announced in a press release.
Ascend has been named the Preferred Accounting Automation provider by InCite Performance Group, enhancing AI-driven financial operations for insurance agencies.
Anrok has announced an expansion of its tax compliance platform to support physical goods, automating sales tax and VAT compliance for both digital services and physical products.
martini.ai has introduced Financials Agent, an AI-powered tool for instant credit risk analysis, allowing users to upload financial documents and generate risk reports in minutes.
Yiren Digital has announced a joint venture with klikUMKM and Artha Graha Network to deliver AI-driven financial solutions in Indonesia, starting operations in the second half of 2025.
The SEC hosted a roundtable to discuss AI's impact on the financial sector, emphasizing a balanced regulatory approach.
OpenAI anticipates a significant revenue increase to $12.7 billion this year, driven by its AI software offerings, according to Bloomberg.
Sympera AI has raised $10 million in seed funding to advance its AI platform for relationship banking, co-led by Nyca Partners and Viola Ventures.
Sam Altman's World Network is in talks with Visa to integrate stablecoin payment capabilities into its digital wallet, potentially transforming it into a multifunctional financial tool.
Western Union has announced a strategic partnership with HCLTech to transition to an AI-led platform operating model, enhancing its technology capabilities.
9fin has acquired Bond Radar to enhance its global debt market coverage, integrating Bond Radar's extensive data and market reach into its AI platform.
Endless has announced a partnership with the University of Surrey to enhance Web3 and AI technologies, aiming to simplify decentralized application development.
Xiao-I Corporation has announced a strategic partnership with TF International to integrate AI into financial services, enhancing investment research and operational efficiency.