Finloop & BNY Launch 'CashPro'; Citi's AI Push in UAE & MEA - Finance AI Weekly #34
September 29, 2025 -
Finance AI Weekly
Hi there,
Welcome to this week's edition of Finance AI Weekly.
In the world of finance and AI, Finloop Finance Technology Holding Limited has teamed up with BNY Investments to launch 'CashPro', an AI-driven liquidity management solution designed to enhance cash management for clients in Hong Kong. Meanwhile, Citi has rolled out advanced AI tools across its operations in the UAE and Middle East & Africa, aiming to boost productivity and efficiency as part of its digital transformation strategy.
In other news, AI-powered fintech company Oolka has successfully secured $7 million in funding from investors including Lightspeed India and Z47. Additionally, Praxis Solutions has acquired WEALTHAWK, an AI platform that enhances financial advisors' capabilities by identifying key financial life events. These developments highlight the ongoing integration of AI in the financial sector, driving innovation and efficiency.
Welcome to this week's edition of Finance AI Weekly.
In the world of finance and AI, Finloop Finance Technology Holding Limited has teamed up with BNY Investments to launch 'CashPro', an AI-driven liquidity management solution designed to enhance cash management for clients in Hong Kong. Meanwhile, Citi has rolled out advanced AI tools across its operations in the UAE and Middle East & Africa, aiming to boost productivity and efficiency as part of its digital transformation strategy.
In other news, AI-powered fintech company Oolka has successfully secured $7 million in funding from investors including Lightspeed India and Z47. Additionally, Praxis Solutions has acquired WEALTHAWK, an AI platform that enhances financial advisors' capabilities by identifying key financial life events. These developments highlight the ongoing integration of AI in the financial sector, driving innovation and efficiency.
Citi Implements AI Tools in UAE and MEA
Citi has announced the deployment of advanced AI tools across its operations in the UAE and the Middle East and Africa region. This initiative is aimed at enhancing employee productivity and operational efficiency. Read more
Praxis Solutions Acquires WEALTHAWK
Praxis Solutions has acquired WEALTHAWK, an AI platform designed to assist financial advisors by identifying key financial life events. This acquisition is intended to enhance client engagement during significant financial transitions. Read more
Trust & Will Hosts Event on AI in Estate Planning
Trust & Will is set to host its first event, 'Guiding Generations,' focusing on AI's role in estate planning amid a significant wealth transfer in the U.S. Read more
LSEG and Databricks Partner for AI-Driven Financial Analytics
On September 23, 2025, LSEG and Databricks announced a strategic partnership to integrate financial data into Databricks, enhancing AI-driven analytics for financial institutions. Read more
Orbit Flex Introduces AI Investment Analysis Platform
On September 23, 2025, Orbit Financial Technology announced a new membership model for its platform, Orbit Insight, aimed at providing advanced AI-driven investment analysis to hedge funds and smaller firms. Read more
Splash Financial Secures $70M in Series C Funding
Splash Financial, an AI-enabled lending marketplace, has raised over $70 million in a Series C funding round led by Grand Oaks Capital. The funds will be used to launch a new home equity line of credit product and enhance its market position. Read more
Health In Tech Enhances AI Underwriting for Employers
Health In Tech has upgraded its Enhanced Do-It-Yourself Benefit System, improving underwriting efficiency for mid- and large-employers by reducing quote times to 10-14 days. Read more
Mitchell Wins 2025 Stratus Award for AI Claims Automation
Mitchell has been awarded the 2025 Stratus Award for Cloud Computing for its AI-powered claims automation solution, Mitchell Intelligent Estimating. This recognition underscores its impact on improving efficiency in the auto insurance industry. Read more
Ethereum Foundation Forms AI Team for Blockchain Integration
The Ethereum Foundation has initiated a new AI team to merge blockchain technology with AI, aiming to position Ethereum as a key platform for AI development. Read more
Swift Tests AI for Payment Fraud Prevention
The global messaging system Swift has tested AI with 13 banks to prevent cross-border payment fraud, using privacy-enhancing technologies for secure fraud insight sharing. Read more
Circuit & Chisel Raises $19.2M for AI Payment Protocol
Circuit & Chisel, an AI payments startup, has secured $19.2 million in seed funding to develop ATXP, a protocol for autonomous AI agent transactions. The funding was led by Primary Venture Partners and ParaFi Capital, with participation from Stripe and Coinbase Ventures. Read more
Your Bourse and B2BROKER Partner for AI-Driven Brokerage Solutions
In Dubai, UAE, Your Bourse and B2BROKER have announced a strategic partnership to enhance brokerage solutions with AI-driven technology. The collaboration aims to streamline brokerage operations with a comprehensive package, reducing the time-to-market for brokers. Read more
Intuit Enhances GenOS for AI Development
On September 23, 2025, Intuit Inc. announced updates to its Generative AI Operating System (GenOS) to boost agentic AI development, including new Financial Intuit LLMs and improved developer tools. Read more
JPMorgan Chase Leads AI Research in Banking Sector
A study by Evident shows that JPMorgan Chase is responsible for over a third of AI research in the banking industry, with significant contributions from Capital One, Wells Fargo, RBC, and TD Bank. The report notes a substantial increase in AI research output over the last five years. Read more
McGowan Acquires Limit.com for AI Insurance Services
The McGowan Companies has acquired Limit.com, an AI-enabled digital wholesale insurance brokerage, to enhance its specialty insurance offerings and market access for retail brokerages. Read more
Perle Expands into Solana Ecosystem
Perle, an AI training data platform, has announced its expansion into the Solana ecosystem. This move aims to utilize Solana's blockchain to improve AI training and evaluation. Read more
Term Structure Labs Launches AI-Driven Lending Platform
On September 24, 2025, Term Structure Labs Limited launched Term Structure Institutional (TSI), a platform for fixed-rate digital asset lending and borrowing targeting institutional clients. The platform uses Fireblocks' technology and offers secure and compliant trading modes. Read more
Broadridge Partners with WealthFeed for AI Lead Generation
On September 25, 2025, Broadridge Financial Solutions announced a strategic partnership and minority investment in WealthFeed to enhance AI-driven lead generation for financial advisors. Read more
Neutrinos Wins Silver Globee Award for AI Innovation
Neutrinos received the Silver Globee® Business Award for its AI-Native Intelligent Automation Platform, acknowledging its impact on AI adoption in the insurance sector. Read more
Moby Secures $5 Million Seed Funding
Moby has raised $5 million in seed funding led by IA Capital Group to enhance its AI-powered investment insights platform. Read more
Light Secures €25.5M for AI Accounting Solutions
Copenhagen-based AI finance platform Light has raised €25.5M in a Series A funding round led by Balderton Capital to enhance its AI-driven accounting systems. Read more
QEO Insurance and TruckerCloud Partner for AI-Driven Solutions
On September 25, 2025, TruckerCloud and QEO Insurance Group announced a partnership to integrate real-time telematics data into QEO's processes, aiming to enhance fleet safety and streamline claims management. Read more
BIS Develops AI Tool for Market Stress Prediction
Researchers at the BIS have developed an AI tool that forecasts financial market stress by analyzing daily market indicators. The tool can predict potential market dysfunction up to 60 business days in advance. Read more
Bahamas to Develop AI Policy for Financial Services
The government of The Bahamas is creating a national policy on artificial intelligence, focusing on the financial services sector. The initiative will address AI opportunities and risks, including fraud and job displacement. Read more
Concirrus and Applied Aviation Win AI Implementation Award
At the US Insurance Awards 2025, Concirrus and Applied Aviation were recognized for their AI platform that significantly improved underwriting efficiency in aviation risk analysis. Read more
Ant International Launches AI SHIELD for Financial AI Security
Ant International has introduced AI SHIELD, a toolkit aimed at safeguarding AI systems in the financial sector from various threats and vulnerabilities. This move seeks to enhance security and compliance as AI continues to reshape global finance. Read more
Digital Legacy AI Introduces AI Vault for Wealth Transfer
The founder of Digital Legacy AI, Glenn Devitt, has launched a new AI vault technology designed to securely transfer digital assets amid a $19 trillion generational wealth shift in the U.S. Read more
Tipalti Secures $200M for AI and Hits $200M ARR
Fintech company Tipalti has raised $200 million from Hercules Capital to enhance its AI capabilities and support its global expansion, while surpassing $200 million in annual recurring revenue. Read more
Santander UK Implements AI to Fight Human Trafficking
Santander UK has adopted an AI tool from ThetaRay to aid in human trafficking investigations, providing leads to the UK's National Crime Agency by analyzing transaction patterns. Read more
Oncount Secures $1.5M for AI Accounting Platform
Dubai-based startup Oncount has raised $1.5 million in Seed funding to launch its AI-powered accounting platform for SMBs in the MENA and Central Asia regions. Read more
Finloop and BNY Investments Launch AI Liquidity Solution
Finloop has introduced 'CashPro', an AI-driven liquidity management tool, in collaboration with BNY Investments for clients in Hong Kong, enhancing cash management capabilities. Read more
Oolka Secures $7 Million in Funding
AI-powered fintech company Oolka has raised $7 million from investors, including Lightspeed India and Z47. Read more
WeLab Partners with Google for AI Banking in Asia
Asian fintech company WeLab has partnered with Google to enhance AI-driven banking services across Asia, utilizing Google's AI models and Cloud infrastructure. Read more
SAP Taulia Partners with Boost Payment Solutions for Virtual Card Enhancement
SAP Taulia has partnered with Boost Payment Solutions to integrate Boost's processing technology into its platform, aiming to streamline B2B payment experiences and automate virtual card acceptance. Read more
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