AI applications in financial services, including trading platforms, FinTech, risk management solutions, accounting systems, and wealth management technologies.
AllianceBernstein announced an equity investment in Fortitude Carlyle Asia Reinsurance to strengthen its insurance asset management presence across Asia and manage private alternative assets for the new reinsurer.
Bizcap has acquired 8fig, integrating the fintech’s AI-powered funding and cash flow planning tools into its global operations while allowing 8fig to retain its brand and leadership.
ACORD Solutions Group has introduced an AI-enabled Sanctions Screening service for its Transcriber platform, automating compliance checks in the insurance industry.
Heron Data has partnered with TFS Financial to automate broker desk operations, processing over 4,000 monthly decisions using its AI document-processing platform.
Infrrd has introduced Ally, an Agentic AI workforce designed to automate up to 80% of the mortgage audit process. The company will showcase the platform during a live webinar on October 29, 2025.
Pathwork has announced a strategic partnership with AIMCOR Group to deploy its AI solutions across AIMCOR's network, streamlining case management and underwriting for member firms.
Montreal-based startup Ready Plan Go has secured $750,000 in pre-seed funding to expand its AI platform that automates administrative tasks for accountants, aiming to reduce manual paperwork and improve efficiency.
BIT Mining Limited will begin trading on the New York Stock Exchange as SOLAI Limited under the ticker SLAI on October 20, 2025, reflecting its strategic shift toward AI and blockchain technology.
A new report by Sollers Consulting shows that artificial intelligence is becoming a standard tool in the insurance industry, especially for claims processing, while governance and automation levels vary widely among companies.
Algebrik AI has partnered with Scienaptic AI to embed AI-powered credit decisioning, fraud prevention, and underwriting directly into its cloud-native Loan Origination System, streamlining workflows for credit unions and lenders.
Irys has secured $12.5 million in seed funding led by Markd, with Deepwork Capital, Florida Opportunity Fund, and others participating, to scale its AI-native insurance operating system across the U.S. and Canada.
Prague-based Resistant AI has raised $25 million in a Series B round led by DTCP, with participation from existing investors Experian, GV, and Notion Capital. The funding will support the expansion of its document fraud detection, transaction monitoring, and threat intelligence offerings.
The Financial Stability Board has issued a report urging financial regulators to strengthen monitoring of artificial intelligence adoption in the financial sector, highlighting risks tied to heavy reliance on a few key AI and infrastructure providers.
Klarna has entered a strategic partnership with Google Cloud to use its AI technology for personalized shopping, creative content generation, and fraud prevention across its global platform.
Sapiens International Corporation has announced a strategic partnership with Linqura to enhance underwriting processes for P&C insurers, providing AI-driven insights and data solutions.
Ledger has partnered with Concordium to enable secure, privacy-preserving payments using stablecoins directly from hardware wallets, as announced in a press release.
Eventus has launched Frank AI, a new AI solution designed for financial compliance and surveillance analytics, as announced in a press release. The AI integrates with Eventus' Validus platform to enhance trade surveillance and risk monitoring.
Waterlily has launched Quote-and-Apply, an AI-driven platform that simplifies long-term care insurance shopping by optimizing policy selection and streamlining applications.
LuminaData Inc. has launched its AI Agent suite, achieving 99.8% reconciliation accuracy, powered by the FinEdge LLM, a model tailored for accounting and compliance tasks.
Fujitsu and Sony Bank have announced the integration of generative AI into Sony Bank's core banking system development, aiming for faster development and enhanced service delivery by April 2026.
Weekly newsletter about AI in finance. Covers AI-driven trading, fintech innovations, and data analytics transforming markets
