AI applications in financial services, including trading platforms, FinTech, risk management solutions, accounting systems, and wealth management technologies.
Finastra held its inaugural Innovating Finance Together Summit in London, gathering more than 200 financial services professionals to discuss modernization, AI, and interoperability across lending, trade, and payments.
Spektr has raised $20 million in a Series A funding round led by NEA to expand its AI platform that automates KYC and KYB compliance tasks for financial institutions.
Lloyds Banking Group has become the first FTSE 100 company to introduce an AI assistant in its boardroom. The system, developed by Board Intelligence, is designed to support executives with meeting preparation, data analysis, and decision-making.
ZestyAI has appointed Scott Stephenson, former Chairman, President, and CEO of Verisk Analytics, to its Board of Directors as the company expands its AI-driven insurance platform.
American Express has introduced the Agentic Commerce Experiences (ACE) Developer Kit and a new protection policy for AI agent transactions, marking an industry-first move to safeguard registered agent purchases.
Vertafore has launched its Velocity AI Platform and six specialized AI agents to automate key insurance workflows, improve decision-making, and reduce manual processes for agencies, MGAs, and carriers.
A new survey from the Association for Financial Professionals shows that 76% of U.S. organizations experienced payments fraud in 2025, while only 17% are using AI to combat it. The report highlights ongoing vulnerabilities in checks and business email compromise.
North.cloud has introduced Noros, an AI-powered FinOps agent that provides real-time answers about cloud spending and optimization opportunities across providers.
Unisys has announced a partnership with Worldsys to integrate advanced anti-money laundering capabilities into its core banking platform, enhancing compliance and fraud prevention for financial institutions.
Tuesday Health announced a partnership with Humana to provide value-based palliative care for Texans living with serious illness, launching June 1, 2026.
Basware has introduced an AI certification program to help accounts payable professionals learn to manage and collaborate with AI agents. The online course, available globally from May 11, focuses on integrating AI into daily finance workflows.
Aiwyn has joined Anthropic's Claude Connector ecosystem, integrating its AI-native tax calculation engine, Aiwyn Tax, into the Claude platform. The integration enables users to perform verified tax computations and scenario analyses directly within Claude.
OpenAI has acquired Hiro, an AI-powered personal finance startup founded in 2023. Hiro will shut down operations on April 20, 2026, and delete all user data by May 13 as its team joins OpenAI.
Persistent Systems has introduced a merchant risk management and fraud detection solution built on the Databricks Data Intelligence platform to help financial institutions detect fraud earlier and reduce manual reviews.
Sigma360 and Consilient have announced a strategic integration to combine federated machine learning with perpetual KYC and transaction monitoring, aiming to enhance financial crime detection while maintaining data privacy.
Meow Technologies has introduced a new platform that allows AI agents to autonomously open and manage business bank accounts, marking what the company calls the first agentic banking system of its kind.
Perpetuals.com has announced a new initiative to deploy Forgentiq.ai, an on-premises agentic AI infrastructure platform designed for hedge funds, proprietary trading firms, and digital asset managers, under an exclusive license from Younet AI.
Collide Capital has closed a $95 million Fund II, bringing its total assets under management to over $170 million. The early-stage venture firm focuses on fintech, supply chain, and future of work companies, and continues to support student and founder programs through its Collide Campus initiative.
Revolut has begun rolling out its first AI-powered financial assistant, AIR, to over 13 million customers in the UK. The in-app assistant allows users to manage finances, investments, and travel tasks through simple chat prompts while maintaining strong privacy controls.
Sapiens International Corporation has named Eva Skidmore as its new Chief Marketing Officer. She will lead global marketing efforts and integrate AI into the company’s go-to-market strategy.
Weekly newsletter about AI in finance. Covers AI-driven trading, fintech innovations, and data analytics transforming markets
