AI applications in financial services, including trading platforms, FinTech, risk management solutions, accounting systems, and wealth management technologies.
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.
Interactive Financial Advisors has partnered with FutureVault to introduce Client Life Management Vaults, enhancing client-advisor interactions through AI-powered digital solutions.
Irish fintech startup Leapifai has introduced a digital tax copilot platform to streamline tax compliance for accountants and financial advisors.
OTCX has announced a multi-year partnership with BlackRock's Aladdin platform to digitize OTC derivative trading, enhancing electronic trading options and efficiency.
Maximor has raised $9 million to expand its AI-driven finance automation platform, aiming to streamline accounting processes and improve efficiency for finance teams.
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.
Citi has introduced a mandatory AI training program for 175,000 employees, focusing on enhancing their ability to create effective prompts for AI tools.
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.
Feedzai has raised $75 million in a new funding round, increasing its valuation to over $2 billion, according to a press release. The investment will support the company's mission to enhance AI-driven financial crime prevention.
OpenAI has acquired the AI-powered personal finance app Roi, with only the CEO joining OpenAI. The acquisition aligns with OpenAI's focus on personalized consumer AI.
Arete Adjusting, a member of +8 Partners, has launched Arete Adjusting Asia Pacific Ltd. in Hong Kong, marking its first expansion into the Asia Pacific region.
Weekly newsletter about AI in finance. Covers AI-driven trading, fintech innovations, and data analytics transforming markets
