Financial Services

AI applications in financial services, including trading platforms, FinTech, risk management solutions, accounting systems, and wealth management technologies.

BIT Mining Renames to SOLAI Limited, Trades Under New Symbol SLAI

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.

October 20, 2025

Sollers Consulting Report Finds Rapid AI Adoption Among Insurers

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.

October 20, 2025

Algebrik AI Integrates Scienaptic AI Decisioning into Loan Origination System

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.

October 14, 2025

Irys Raises $12.5 Million to Expand AI-Native Insurance Platform

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.

October 13, 2025

Resistant AI Raises $25M Series B to Expand Fraud Detection and Threat Intelligence

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.

October 13, 2025

Financial Stability Board Calls for Stronger AI Monitoring in Finance

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.

October 11, 2025

Klarna Partners with Google Cloud on AI Shopping Personalization

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.

October 11, 2025

Sapiens Partners with Linqura for AI-Driven Underwriting Solutions

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.

October 08, 2025

Ledger and Concordium Introduce Privacy-Preserving Payments

Ledger has partnered with Concordium to enable secure, privacy-preserving payments using stablecoins directly from hardware wallets, as announced in a press release.

October 08, 2025

Eventus Introduces Frank AI for Financial Compliance

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.

October 08, 2025

Waterlily Introduces AI-Powered Quote-and-Apply for LTC Insurance

Waterlily has launched Quote-and-Apply, an AI-driven platform that simplifies long-term care insurance shopping by optimizing policy selection and streamlining applications.

October 08, 2025

LuminaData Unveils AI Agents for Accounting and Compliance

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.

October 08, 2025

Fujitsu and Sony Bank Integrate Generative AI into Core Banking Systems

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.

October 07, 2025

Interactive Financial Advisors Launches Digital Vaults with FutureVault

Interactive Financial Advisors has partnered with FutureVault to introduce Client Life Management Vaults, enhancing client-advisor interactions through AI-powered digital solutions.

October 06, 2025

Leapifai Launches AI-Driven Digital Tax Copilot

Irish fintech startup Leapifai has introduced a digital tax copilot platform to streamline tax compliance for accountants and financial advisors.

October 06, 2025

OTCX Partners with BlackRock's Aladdin to Digitize OTC Derivative Trading

OTCX has announced a multi-year partnership with BlackRock's Aladdin platform to digitize OTC derivative trading, enhancing electronic trading options and efficiency.

October 06, 2025

Maximor Secures $9 Million to Enhance AI Finance Automation

Maximor has raised $9 million to expand its AI-driven finance automation platform, aiming to streamline accounting processes and improve efficiency for finance teams.

October 06, 2025

Visa Launches AI-Powered VCS Hub for Commercial Payments

Visa has announced the general availability of its Visa Commercial Solutions (VCS) Hub, an AI-powered platform designed to enhance commercial payments for issuers and fintechs.

October 06, 2025

Citi Mandates AI Training for 175,000 Employees

Citi has introduced a mandatory AI training program for 175,000 employees, focusing on enhancing their ability to create effective prompts for AI tools.

October 06, 2025

Bank of America Introduces AI Assistant for Global Payments

Bank of America has launched AskGPS, a generative AI assistant designed to enhance its Global Payments Solutions team, as announced in a press release. The tool aims to improve efficiency and client service by providing real-time answers to complex inquiries.

October 06, 2025

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