OpenAI and PayPal Revolutionize ChatGPT Shopping Experience

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Welcome to this week's edition of Finance AI Weekly.

This week, we're diving into some exciting developments in the world of AI and finance. PayPal has teamed up with OpenAI to bring a new shopping experience to ChatGPT users, allowing them to make purchases directly within the platform using PayPal's payment services. Meanwhile, Mastercard and PayPal are expanding their collaboration to enhance AI-driven transactions globally, integrating Mastercard's Agent Pay platform into PayPal's wallet.

In other news, iBusiness has launched iBuild, an AI-powered platform designed to help financial institutions create applications with ease, catering to both technical and non-technical users. Additionally, Bank of America has reported record usage of its AI-driven CashPro tools, reflecting a growing trend of AI adoption in corporate finance. Stay tuned as we explore these stories and more in this edition.

OpenAI and PayPal Partner for ChatGPT Checkout

PayPal has announced a partnership with OpenAI to integrate its payment services into ChatGPT, allowing users to shop directly within the platform starting in 2026. Read more

Mastercard and PayPal Expand Partnership for AI Transactions

Mastercard and PayPal are expanding their partnership to integrate Mastercard's Agent Pay platform into PayPal's wallet, enabling secure AI-driven transactions for consumers and merchants globally. Read more

iBusiness Launches AI Coding Platform iBuild for Financial Sector

On October 27, 2025, iBusiness introduced iBuild, an AI-powered platform for banks and financial institutions to rapidly generate and deploy applications. Read more

PayPal Introduces AI-Driven Commerce Services

PayPal Inc. has introduced a suite of AI-driven commerce services aimed at helping merchants attract customers and integrate with AI-powered shopping experiences. The services offer features like fraud detection and buyer protection. Read more

Chronograph Collaborates with Anthropic for Data Integration

On October 28, 2025, Chronograph announced a collaboration with Anthropic to integrate its private capital data into Claude, enhancing capabilities for private equity professionals. Read more

Bank of America Sees Record AI CashPro Usage

On October 27, 2025, Bank of America reported record usage of its AI-driven CashPro Chat and transaction search tools among corporate clients, with significant year-over-year growth and plans for further enhancements. Read more

Thunes and Ecobank Partner for Instant Payments in Africa

Thunes and Ecobank Group have announced a partnership to enable instant cross-border payments across Sub-Saharan Africa, starting in Togo. Read more

FP Alpha Introduces AI Tool for Tax Planning

FP Alpha has launched NextGen Tax Insights, an AI tool to help financial advisors offer personalized tax planning advice by analyzing clients' financial situations. Read more

Nationwide Invests $1.5 Billion in Tech and AI

Nationwide has announced a $1.5 billion investment in technology and AI initiatives through 2028, aiming to enhance efficiency and support financial partners. Read more

SecureLend Inc Launches AI Platform for Lending Automation

On October 15, 2025, SecureLend Inc introduced an AI-powered platform designed to enhance loan origination efficiency for community banks and alternative lenders. The platform's LLM-agnostic architecture allows flexibility in AI model usage. Read more

BillingPlatform Launches AI Monetization Offering

BillingPlatform has introduced its AI Monetization offering to help AI companies capture value from their products and services. This new solution supports dynamic pricing models and addresses challenges like variable costs and complex consumption patterns. Read more

Daiwa Securities Partners with Sakana AI for Retail Client Tool

Daiwa Securities Group Inc. has teamed up with Sakana AI to develop an AI tool designed to analyze investor profiles and offer personalized financial services. The project aims to enhance asset consulting for retail investors. Read more

Happiest Minds Implements AI at MUA Insurance in South Africa

Happiest Minds Technologies has deployed its Agentic AI solution with Intelligent Document Processing at MUA Insurance Acceptances Pty Ltd in South Africa, automating claims and policy email processing with high accuracy. Read more

Starling Bank Launches AI Tool to Combat Scams

Starling Bank has introduced an AI tool named 'Scam Intelligence' to help customers detect potential purchase scams by analyzing images and ads. This tool aims to reduce authorized push payment fraud in the UK. Read more

The Founders Arena Announces New AI-Driven WealthTech Cohort

The Founders Arena, a WealthTech accelerator in Arlington, Texas, has introduced its fifth cohort of startups focused on AI innovations in financial services. The program supports technology that enhances human intelligence, featuring companies like STRATxAI and Finliti. Read more

Finster AI Raises $15 Million in Funding

Finster AI, an AI-native platform for investment banks and asset managers, has secured $15 million in Series A and Seed funding. The funding rounds were led by FinTech Collective and Peak XV, respectively, to support expansion and partnerships in the financial sector. Read more

Optiver and Qube Invest in McKay Brothers

McKay Brothers has received minority investments from Optiver and Qube Research & Technologies to enhance its AI-driven financial data services while ensuring equal access for all market participants. Read more

Finzly Introduces AI-Powered Payments Platform

Finzly has launched Agentic Galaxy, a platform with AI agents to enhance payment processing and operations for financial institutions, aiming to improve efficiency and customer experiences. Read more

AI's Role in Financial Sector at Beijing Forum

The Annual Conference of Beijing's Financial Street Forum 2025 focused on AI's application in finance, attracting over 6,000 participants and releasing key reports on AI's impact on financial services and international cooperation. Read more

Aduna, Deutsche Telekom, mBank, and Vonage Collaborate on AI for Banking Security

At the World Banking Forum, Aduna, Deutsche Telekom, mBank, and Vonage are demonstrating how AI and other technologies can enhance security in digital financial services. Read more

Tech Mahindra Survey on AI Investment in Banking

Tech Mahindra has released a survey report titled 'Building the AI-Driven Bank of Tomorrow,' highlighting AI investment trends in the global banking sector. The report, developed with East & Partners, includes insights from 150 senior banking executives across 25 countries. Read more

Alloy Partners and Huntington Bank Launch Fintech Venture Studio

On October 23, 2025, Alloy Partners and The Huntington National Bank announced the launch of a corporate venture studio to accelerate fintech innovation, focusing on fintech, payments, and financial experiences. Read more

Eightco Holdings Launches AI-Resistant Authentication Platform

On October 30, 2025, Eightco Holdings Inc. announced the launch of INFINITY, a platform designed to provide secure, AI-resistant authentication for financial services and other industries. Read more

Andreessen Horowitz Report on Stablecoins and AI in Crypto

The Andreessen Horowitz report 'State of Crypto 2025' examines the adoption of stablecoins and the intersection of AI and crypto, noting significant transaction volumes and potential applications. Read more

HSBC Partners with ValidiFI for AI Fraud Monitoring

HSBC has partnered with ValidiFI to enhance its payment security and fraud monitoring. The collaboration will leverage ValidiFI's solutions for real-time account validation and fraud detection. Read more

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OpenAI and PayPal Revolutionize ChatGPT Shopping Experience - Finance AI Weekly #39

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