Latest Artificial intelligence News: Finextra Research

Flex accelerates consumer expansion through Maza acquisition

Flex, a fintech that helps business owners automate their back offices, has acquired Maza a fintech app aimed at Spanish-speakers in a $40 million deal.

25 April 2025

News/ai

TD to open New York AI office

Canada's TD Bank is opening a New York outpost of its Layer 6 AI research and development centre.

24 April 2025

News/payments

The 150 leading organisations confirmed to attend NextGen Nordics 2025

The Nordic region has long stood at the forefront of digital payments, open banking, and financial technology. This legacy of innovation continues at full pace with the return of NextGen Nordics, a premier event gathering the most influential players in the financial services ecosystem. Set against the dynamic backdrop of the Nordic fintech scene, the 2025 edition of NextGen Nordics on 29 April 2025 at the Münchenbryggeriet in Stockholm, Sweden promises to be the most impactful yet.

23 April 2025

News/ai

10x Banking unveils suite of core banking AI products

10x Banking has unveiled a suite of new AI capabilities being integrated into its meta core to accelerate banking transformation, improve operational efficiency, and enhance decision-making for banks.

22 April 2025

News/ai

Investing.com unveils AI-driven financial researcher

Investing.com, a provider of financial news, tools and data to retail investors, has launched an AI-driven researcher called WarrenAI.

21 April 2025

News/ai

BNY strengthens compliance with Behavox Quantum

BNY has boosted its compliance monitoring by rolling out Behavox's AI-powered electronic and voice communication surveillance system.

18 April 2025

News/retail

Latin American open finance platform Belvo raises $15m

Mexico City-based open finance API platform Belvo has raised $15 million in a round led by Quona Capital and joined by Citi Ventures.

17 April 2025

News/security

Google used AI to banish half a billion scam ads in 2024

Google has been using AI to crack down on advertising fraud, meeting a key demand from banks and politicians to bear down on scam accounts.

17 April 2025

News/ai

Friday Harbor raises $6m for AI-powered mortgage origination

Friday Harbor, an AI-powered platform that helps loan officers assemble complete and compliant loan files in real time, has closed a $6 million seed round.

15 April 2025

News/payments

16 game-changing startups to pitch at EBAday’s Fintech Zone in Paris

EBAday, the premier conference for payments and transaction banking executives, set to take place on 27-28 May 2025 at the Carrousel du Louvre in Paris, will yet again feature a dedicated Fintech Zone where 16 innovative startups have been selected to showcase their products to senior decision-makers in the European payments industry.

14 April 2025

News/ai

Tisa calls on UK regulators to clamp down on AI search engines

The Investing and Savings Alliance (Tisa) is calling on UK regulators to protect consumers from the ‘wild west’ of AI search engines.

14 April 2025

News/ai

Nate founder charged with fraud over 'AI' shopping app secretly powered by humans

The founder of an AI-based tool for automating online shopping checkouts has been charged with defrauding investors over claims that the process was actually carried out by human workers in the Philippines.

14 April 2025

News/wealth

Northern Trust: 21% of private market investors allocate to crypto and digital assets

In a global survey of 180 institutional plans with investment portfolios ranging from $1 billion to over $500 billion, Northern Trust gathered responses from senior leaders at pension funds, outsourced chief financial officers and multi-managers, family offices, sovereign wealth funds, endowments, and other institutions across the Americas, Emea and Apac.

11 April 2025

News/crime

Tackling fraud: Learn how to build smarter defences at NextGen Nordics

As real-time payments gain momentum, financial institutions are faced with attempting to deliver seamless digital payment experiences while also mitigating against sophisticated fraudsters. This year’s NextGen Nordics event at the Münchenbryggeriet in Stockholm, Sweden, on 29 April 2025, will spotlight how the industry is redefining fraud prevention in the era of instant payments.

11 April 2025

News/people

Anthropic hires former Stripe exec Guillaume Princen to lead European expansion

AI coding platform Anthropic has hired Guillaume Princen, the architect behind Stripe's European operations, as head of Emea, as the firm prepares to hire 100 new staff for a push into Europe.

10 April 2025

News/ai

Lloyds Banking Group accelerates AI development with Google Cloud

Lloyds Banking Group is building a new machine learning (ML) and Generative AI (GenAI) platform using Google Cloud’s Vertex AI.

10 April 2025

News/ai

BofE eyes AI's risk to financial stability

As firms integrate more advanced AI-based analysis into their core trading and investment activities, regulators need to vigilant about potential financial stability risks, the Bank of England's Financial Policy Committee warns.

10 April 2025

News/ai

BofA staffers embrace AI virtual assistant

Bank of America says that over 90% of its 213,000 employees now use its AI-driven internal virtual assistant, cutting calls into the IT services desk by half.

08 April 2025