AI applications in financial services, including trading platforms, FinTech, risk management solutions, accounting systems, and wealth management technologies.
CLPS Incorporation has introduced an AI-powered solution that converts legacy COBOL systems to Java, aiming to help banks modernize their core infrastructure. The company recently completed a proof-of-concept with a major Hong Kong bank.
Finland-based Velvoite has introduced an AI-powered compliance copilot that monitors EU financial regulation in real time, classifying documents and extracting specific compliance obligations for financial institutions.
Affiniti has entered a financing agreement with Column N.A. to accelerate the growth of its AI-powered financial platform for small and medium-sized businesses, focusing on expanding its card product and new service lines such as banking and bill pay.
Bank of America reported a record 30 billion digital client interactions in 2025, driven by AI tools like its virtual assistant Erica and digital payment services such as Zelle and CashPro.
Coconut Software has introduced Multi-Lines of Business (Multi-LOB), an AI-powered solution designed to help financial institutions unify operations across departments while maintaining compliance and security.
Linker Finance has partnered with Sardine AI to integrate real-time fraud detection and risk management capabilities into its banking platform for community banks.
Payoneer has announced a collaboration with FundPark to offer AI-powered credit lines of up to $10 million for eligible e-commerce businesses in Hong Kong, aiming to improve access to flexible financing.
Floodbase has introduced its Floodbase Quote API, allowing insurers and managing general agents to instantly generate parametric flood insurance quotes and streamline underwriting across the U.S. market.
CIBC Innovation Banking has provided growth capital financing to Gradient AI to support the company’s ongoing expansion and development in AI-driven insurance solutions.
CommLoan has added 11 brokers representing $850 million in annual production to its AI-driven commercial mortgage marketplace, with $2.8 billion more in onboarding, according to a company press release.
RenoFi has raised $22 million in a Series B round led by Fifth Wall, with participation from Progressive Insurance and other investors, to scale its AI-enabled renovation financing platform and partnerships with credit unions.
Wirex has introduced Wirex Agents, a non-custodial infrastructure that enables AI systems to issue stablecoin cards and conduct on-chain financial transactions autonomously. The platform supports developers building AI-native financial workflows and programmable money movement.
United Planners Financial Services has selected SurgeONE.ai to unify its compliance, cybersecurity, and data operations onto a single AI-powered platform built by former regulatory professionals.
Nexi Group and Google Cloud have signed a memorandum of understanding to develop AI agent-based commerce infrastructure across Europe, focusing on secure autonomous transactions and improved operational efficiency.
Pagos has introduced a payments data platform that harmonizes and enriches transaction data for enterprise merchants, creating a unified foundation for analytics and AI workflows. The system connects directly to multiple processors to deliver real-time, normalized, and context-rich datasets.
Stripe has launched a private preview of its Billing for LLM Tokens feature, enabling developers to track AI model usage and apply automated markups for profit margins.
Spendsafe has partnered with University College London's EdTech Labs to enhance financial literacy education for youth through AI-driven tools and evidence-based evaluation.
Mission Cloud has partnered with Vantage to deliver AI-enabled financial operations solutions for AWS customers, providing enhanced cost visibility and optimization tools.
Kiavi has closed a $350 million rated securitization of residential transition loans, creating up to $1.2 billion in additional funding capacity and marking its sixth rated securitization under the LHOME shelf.
Travelers has introduced an AI-powered Claim Assistant that uses OpenAI's language and speech recognition technology to handle customer claim calls, starting with auto damage claims.
Weekly newsletter about AI in finance. Covers AI-driven trading, fintech innovations, and data analytics transforming markets
