AI applications in financial services, including trading platforms, FinTech, risk management solutions, accounting systems, and wealth management technologies.
Pusan National University researchers introduced SIT, an AI model for portfolio allocation, and a framework for testing the reliability of financial AI systems under real world conditions.
Bloomberg has agreed to acquire Canoe Intelligence, an AI powered data management platform that automates private markets data collection and delivery.
Bestow has announced Bestow Labs, a team focused on AI native products for life and annuity insurance carriers. The company also expanded its platform support across term, whole life, and indexed universal life products.
NBS says Heron has cut underwriting time by about half and helped underwriters review 25% to 40% more submissions each day.
SAS and Swiss Re have partnered to combine catastrophe risk data with AI and actuarial modeling for insurance underwriting, pricing, and portfolio management.
MoonPay launched PayBox, a payment vault that lets AI agents in Claude and ChatGPT prepare payments and crypto transactions for user approval.
Samaya AI published results for FrontierFinance, a public benchmark for AI agents in investment workflows. Its system scored 56% accuracy in high effort mode, ahead of Claude Fable 5 at 49.2% and GPT-5.6 Sol at 46.8%.
4Pines Fund Services has released a new version of C2P that gives fund administrators and clients a shared view of tasks, communications, approvals, and reporting. The update also adds Acorn, an AI assistant that answers fund operations questions using connected firm data.
RFG Advisory says Feathery has more than doubled form generation speeds for full repapering transitions and expanded the number of accounts it can prepare and send on day one.
HSBC plans to open a Global AI Centre of Excellence in Singapore in the second half of 2026 and hire more than 100 AI specialists.
BlackWolf Advisory Group and Authority Partners are partnering to help mortgage lenders and servicers assess, build, and deploy custom AI platforms without hiring internal development teams.
Fraud News Network has launched a free AI tool that scores private investment offerings from 1 to 10 and highlights possible fraud risks.
Trillium Technologies has launched a compute credit investment marketplace using Percent's private credit infrastructure. The marketplace supports a compute credit convertible note offering tied to prepaid or allocated computing capacity.
Monk launched Voice Collections, an opt in feature that lets its AI collections agent Julia make outbound calls and answer inbound invoice and payment questions.
Genpact has launched Banking Analyst Suite, with its first module now generally available for AML alert investigations. The product uses AI agents to support investigation workflows while keeping final decisions with human analysts.
Sentinel Group has expanded its My Financial Journey platform through a partnership with Financial Finesse, integrating the latter’s AI-powered Financial Wellness Hub with virtual coaching features.
Ordway has introduced Ordway Payments, a platform that unifies billing and payment operations while automating invoice matching through AI technology.
MegazoneCloud and Korean Re have signed a memorandum of understanding to collaborate on AI transformation projects in the reinsurance sector, focusing on generative AI, big data, and automation technologies.
Cigna Healthcare announced an AI expansion to its personalized care management programs, aiming to identify health needs sooner and connect more customers with clinical support.
Virtus has reported significant efficiency gains through its integration of Outmarket's AI platform, cutting administrative work and improving claim handling across its operations.
Weekly newsletter about AI in finance. Covers AI-driven trading, fintech innovations, and data analytics transforming markets
