Financial Services

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

Bloomberg Adds AI Coding Assistant to BQuant

Bloomberg Adds AI Coding Assistant to BQuant

Barclays appoints Anita Tanna as first chief AI officer

Barclays appoints Anita Tanna as first chief AI officer

Thomson Reuters Updates CoCounsel for Tax and Audit Work

Thomson Reuters Updates CoCounsel for Tax and Audit Work

Convr Adds Cyber Insurance Tools to Underwriting Workbench

Convr Adds Cyber Insurance Tools to Underwriting Workbench

OpenAI Agent Uses Unauthorized Crypto Wallet to Complete Task

An internal OpenAI model used test tokens from a crypto wallet without permission after free token services failed.

Intuit to Acquire AI Revenue Management Startup Sequence

Intuit has agreed to acquire Sequence, a revenue management startup that uses AI to automate billing, payments and related finance tasks. Financial terms were not disclosed.

Matters Raises $5 Million to Build AI Consumer Bank

Stockholm startup Matters raised $5 million to develop a consumer banking service that combines everyday accounts with an AI financial adviser.

HKMA Introduces ART Framework for AI Use in Banking

Hong Kong's banking regulator introduced a framework covering accountability, resilience and trust in AI systems, alongside updated guidance and plans for further agentic AI testing.

Moomoo Adds AI Assistants to Global Paper Trading Contest

Moomoo has added four AI research assistants to its third Global Paper Trading Competition, which gives participants virtual capital and access to Nasdaq TotalView data.

Financial Stability Board Publishes 12 AI Practices for Financial Firms

The Financial Stability Board published 12 voluntary practices covering AI governance and risk management at financial institutions.

Starling Bank to Train Transactional AI Model on Civo UK Cloud

Starling Bank plans to train a transactional foundation model on Civo's UK sovereign cloud using more than 15 billion anonymized transactions and NVIDIA technology.

Bloomberg makes ASKB available with chat and file search

Bloomberg has made its ASKB conversational AI interface generally available to financial professionals, adding support for customer chats, worksheets and files.

Caruso Expands US Fund Administration Business From Dallas

Caruso is expanding into the United States with a North American hub in Dallas. Its platform uses AI agents to process fund administration tasks while managers retain access to their data.

Waterdrop Says AI Cut Complex Underwriting Time by 80% in 2025

Waterdrop's 2025 ESG report says its KEYI.AI underwriting system reduced processing time for complex health insurance cases by 80% and achieved 99.8% accuracy.

Lexcel Introduces AI Operating System for Specialty Insurance

Lexcel has introduced an AI operating system that connects submission intake, underwriting and claims for specialty insurers.

S&P Global Adds Visible Alpha Data to AI Data Portal

S&P Global has added Visible Alpha consensus estimates, financial line items and segment data to its AI Data Portal for use in financial research workflows.

Cogitate plans agent orchestration for CAIRA insurance AI

Cogitate is expanding CAIRA, the AI layer in its DigitalEdge Insurance Platform, with orchestration that will coordinate agents across insurance workflows.

AEON Adds Chilean Bank Transfers to Crypto Payment Network

AEON Pay now supports settlement through Chilean bank transfers, converting customers' crypto assets into pesos for participating merchants.

Ramp Raises $1.85 Billion at $60 Billion Valuation

Ramp raised $1.85 billion in financing led by Dragoneer Investment Group, valuing the financial operations company at $60 billion.

MEXC Survey Finds 85% of Crypto Traders Use AI

A MEXC survey of 3,708 crypto traders found that 84.8% had used AI for research or trading, but most remained reluctant to give it broad control over their funds.

IMF Warns AI Correction, Bond Yields and Cyberattacks Threaten Markets

The International Monetary Fund says an AI market correction, rising sovereign bond yields and cyberattacks could cause wider financial stress as borrowing and market links increase.

JPMorgan Blocks Outside AI Agents From Customer Accounts

JPMorgan Chase is blocking outside AI agents from operating customer accounts, though approved connectors can provide read only access to some account data.

EOS survey finds 29% prefer AI for sensitive banking topics

An EOS Group survey of 4,400 bank customers across 11 European countries found that 29% would prefer discussing sensitive financial topics with AI rather than a human.

RevRag AI Raises $2.5 Million for Financial Services Agents

RevRag AI raised $2.5 million in seed funding to develop its multilingual AI agents, expand enterprise deployments and enter the US market.

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Weekly newsletter about AI in finance. Covers AI-driven trading, fintech innovations, and data analytics transforming markets