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.
AI applications in financial services, including trading platforms, FinTech, risk management solutions, accounting systems, and wealth management technologies.
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 has added four AI research assistants to its third Global Paper Trading Competition, which gives participants virtual capital and access to Nasdaq TotalView data.
The Financial Stability Board published 12 voluntary practices covering AI governance and risk management at financial institutions.
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.
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'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 has introduced an AI operating system that connects submission intake, underwriting and claims for specialty insurers.
Cogitate is expanding CAIRA, the AI layer in its DigitalEdge Insurance Platform, with orchestration that will coordinate agents across insurance workflows.
AEON Pay now supports settlement through Chilean bank transfers, converting customers' crypto assets into pesos for participating merchants.
Ramp raised $1.85 billion in financing led by Dragoneer Investment Group, valuing the financial operations company at $60 billion.
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.
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 Chase is blocking outside AI agents from operating customer accounts, though approved connectors can provide read only access to some account data.
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 raised $2.5 million in seed funding to develop its multilingual AI agents, expand enterprise deployments and enter the US market.
Omega Point's MCP connector has received verified status in Claude's marketplace after an Anthropic review of its quality and security.
EY UK and INSTANDA formed an alliance that combines insurance consulting and implementation services with a configurable software platform for modernizing insurers' core systems.
Mollie is creating a platform that will let customers run AI agents on its payment and banking systems. It is offering up to €50 million in company equity to recruit a founding team.
Credit Sesame launches Sesa, a platform that lets enterprises add personalized credit guidance and financial product matching to websites, applications and AI services.
ProvChain traces AI results to their sources, checks them with independent AI and sends exceptions to human experts for correction and approval.