AI applications in financial services, including trading platforms, FinTech, risk management solutions, accounting systems, and wealth management technologies.
Temenos has launched the Product Manager Copilot, a generative AI tool designed to accelerate product development for banks, integrating Microsoft Azure OpenAI Service.
Catena Labs, co-founded by Sean Neville, has secured $18 million in seed funding led by a16z crypto to develop the first AI-native financial institution.
Ping An has launched the global version of its AI-powered EagleX platform to provide disaster risk assessments and alerts worldwide.
IRIS Software Group has announced a minority investment in Instead, an AI-powered tax management platform, to enhance automation in tax preparation.
Roots has appointed Robin Spaulding as head of insurance to drive AI transformation, focusing on modernizing claims and underwriting activities.
A recent study by Coupa Software reveals that 40% of CFOs consider AI their top growth investment, with 90% focusing on mastering spend management to navigate economic volatility.
Alpha7x has announced that its AI-Agent Data and Document Orchestration Engine has achieved patent-pending status, offering a new execution layer for mortgage operations.
PayToMe.co has been selected by the AWS Strategic Startups Team to accelerate its global fintech expansion, receiving technical and strategic support from AWS.
CrediLinq has raised $8.5 million in a Series A funding round led by OM/VC and MS&AD Ventures to expand its AI-powered embedded finance solutions globally.
Roots has appointed Diane Brassard as head of education and advocacy to advance AI transformation in the insurance sector, announced in a press release. Brassard will focus on developing educational programs to help insurance professionals adopt AI best practices.
Finanz Informatik and IBM have extended their collaboration to enhance IT services for the Sparkassen-Finanzgruppe, focusing on AI, automation, and hybrid cloud technology.
Billtrust has announced new AI advancements, including a multi-agent architecture and Billtrust Autopilot, aimed at transforming B2B accounts receivable automation.
Perplexity AI has partnered with PayPal to enable in-chat shopping, allowing users to purchase products and services directly within the chat interface using PayPal or Venmo.
TIFIN has introduced AXIS, a new AI platform designed to enhance middle office operations in financial services, announced in a press release.
Broadridge Financial Solutions has been awarded a U.S. patent for its large language model orchestration of machine learning agents, enhancing its BondGPT application.
Posh AI has announced a strategic partnership with Corelation to provide credit unions with AI-powered digital and voice assistants, enhancing customer service and operational efficiency.
Neutrinos has announced a significant partnership with a Fortune 500 life insurance company to transform underwriting operations using AI across eight countries.
Arteria AI and TruStage Compliance Solutions have partnered to introduce Deal Flow, a digital documentation tool for community banks and credit unions, announced in a press release.
Surge Ventures has launched SurgeONE.ai, an AI-native platform designed to integrate compliance, cybersecurity, and data management for financial services firms, announced in a press release.
GIBO Holdings Ltd. has introduced USDG.net, a blockchain payment engine designed to enhance transactions within its AI-driven animation ecosystem, as announced in a press release.
Weekly newsletter about AI in finance. Covers AI-driven trading, fintech innovations, and data analytics transforming markets
