Artificial intelligence

3235 articles tagged with this keyword

/regulation

Compliance challenges and technology gaps amid US regulatory uncertainty, Finextra survey reveals

The latest survey report by Finextra, which included responses from 200 financial services professionals across the US, highlights both optimism and uncertainty surrounding the sector’s regulatory readiness. Conducted between January 16–29, 2025, the survey captured insights from C-level executives to senior managers working in banks, credit unions, payment service providers, technology providers, and fintech firms with revenues ranging from under $10 billion to over $250 billion. These findings come at a pivotal time following the election of Donald Trump and the delay in new regulatory rulemaking, creating a climate of heightened uncertainty for the US financial sector.

/payments

Meet the minds shaping the future of payments at NextGen Nordics

The rapidly evolving world of payments is being shaped by some of the brightest minds across industries, and this year’s NextGen Nordics event on 29 April 2025 at the Münchenbryggeriet in Stockholm, Sweden is set to be a pivotal moment in exploring how the sector is advancing. Attendees will have the rare opportunity to engage with leading figures driving innovation, digital transformation, and the future of financial services in the Nordic region.

/security

Visa unveils AI fraud fighting tool

Visa has unveiled Aric Risk Hub, an AI-based fraud prevention platform designed to help protect banks, acquirers, and financial institutions against a broad spectrum of fraud and financial crime.

/markets

Global spending on financial market data hits $44.3bn

Global spending on financial market data and news grew modestly in 2024, with revenues rising 6.4% - far slower than the previous year - to $44.3 billion.

/ai

SMBC and Fujitsu partner on AI-powered data analytics business

Sumitomo Mitsui Banking Corporation is teaming up with Fujitsu to explore the creation of a data analytics business they say could empower customers with better decision-making and operational efficiency.

/ai

Temenos survey finds three quarters of banks are exploring GenAI deployment

Temenos (SIX: TEMN), a global leader in banking technology, today shared insights from a worldwide survey conducted by Hanover Research, which gathered perspectives from 420 business and technology leaders in financial services on the transformative impact of Generative AI (GenAI) in banking.

/ai

Monzo co-founder Blomfield predicts AI will wipe out software engineering jobs

Monzo co-founder and Y Combinator partner Tom Blomfield has kicked up a stir by tolling the death knell of the humble software engineer, claiming that AI will soon be "provably and obviously better at basically every facet" of coding.

/ai

Nice Actimize boosts financial crime prevention tech with agentic AI

Nice Actimize, a NICE (NASDAQ: NICE) business, today announced the availability of the next generation X-Sight ActOne which expands upon the robust and open architecture of X-Sight with Agentic AI capabilities that are foundational to transforming fraud and financial crime prevention programs.

/ai

Linedata buys AI specialist NRoad

Linedata (Euronext Paris: LIN), a global provider of asset management and credit technology, data, and services, today announced the acquisition of NROAD, a proven specialist in AI-enabled automated unstructured financial data processing based in Boston and Pune, India.

/ai

AvidXchange unveils new AI agents

AvidXchange Inc. (Nasdaq: AVDX), a leading provider in accounts payable (AP) automation, offering intelligent AP software and payment solutions specifically designed for mid-market businesses and their suppliers, today announced the launch of several new AI agents and enhancements within its invoice automation solution.

/ai

Chargebee introduces high-volume ingestion and billing capabilities

Chargebee, a leading billing and monetisation platform, today announced the availability of its high-volume ingestion capabilities, integrated with Chargebee’s robust billing engine.

/ai

Arta launches wealth management AI agents

Today Arta Finance, a global wealth platform, introduced Arta AI – a new way to engage with wealth, giving clients a suite of AI agents to analyze portfolios, explore investment ideas, and access financial insights on demand.

/ai

Allfunds augments portfolio management tool with AI

Allfunds (AMS: ALLFG), the leading end-to-end WealthTech partner for the wealth and asset management industries with more than €1.5 trillion assets under administration across Mutual Funds, Alternative Assets and ETFs, today announces the launch of Nextportfolio 4, the latest version of its flagship portfolio management tool, strengthening Allfunds’ subscription business value proposition.

/ai

Payhawk unveils 'AI Office of the CFO'

Payhawk, the leading spend management platform, today announced the launch of 'AI Office of the CFO,' a suite of specialised AI agents that solve finance's biggest AI challenge: drastically increasing finance teams' productivity while maintaining complete control over their operations.

/ai

Axyon AI secures €4.3 million investment round

Axyon AI, a leading tech provider of Predictive AI-powered solutions for the investment management sector, has secured a further €4,3 million funding round led by CDP Venture Capital. US-based venture capital firms Green Sands Equity and Montage Ventures, the Italian holding firm Investment Opportunity 1 and SIMEST on behalf of the Fund F.394 managed in agreement with the Italian Ministry of Foreign Affairs and International Cooperation (MAECI), are co-investors.

/ai

Amazon launches AI agent that can shop online

Amazon has unveiled an AI agent trained to independently perform actions, such as order and pay for things, within a web browser.

/security

Combating Cyber Threats: The role of AI, Partnerships and Education

Joining the FinextraTV studio, Michele Centemero, EVP, Regional Services Lead, Mastercard, outlined the stark position the world is in when it comes to the cybersecurity threat we face. As technology increases, it becomes both the problem and the solution, Centemero discusses what the landscape currently looks like and how education and partnership are key to heading in the right direction.

/ai

Transcard unveils agentic AI capabilities

Transcard, a global leader in payments technology, has enhanced their comprehensive vendor network management solution, SMART Exchange, with generative and agentic AI capabilities to transforms the way buyers and suppliers interact and orchestrate payments.

/ai

Glia unveils conversation-trained AI virtual assistant

Glia, the leader in customer interaction technology, today announced Glia Virtual Assistant (GVA) Learning 360, a first-of-its-kind AI solution that learns how a contact center’s best agents would respond to a customer request and uses the intelligence to automatically generate answers for their GVA—significantly advancing beyond industry-standard AI virtual assistants that rely solely on written documents.

/ai

Bits Technology develops AI agent and co-pilot tools for compliance professionals

Today, Bits Technology unveils Bits AI, an advanced artificial intelligence solution designed to transform compliance operations by streamlining data analysis and enhancing decision-making without removing human oversight.