Latest Artificial intelligence News: Finextra Research

Allianz UK appoints first head of AI

German insurer Allianz has named Mansoor Reehana as its first ever head of AI.

15 October 2025

SBS shakes off legacy label, positions itself at the forefront of fintech

Opening their 5th SBS Summit, delivered from a venue close to the Eiffel Tower in Paris, Eric Bierry, CEO, SBS and deputy CEO, 74Software set the tone for a day of future-forward discussions, seeking to leave behind a former perception of being a dated legacy player.

15 October 2025

News/ai

Visa launches Trusted Agent Protocol for AI commerce

Visa has become the latest firm to introduce a protocol designed to act as a foundational framework needed to enable AI agents to transact payments on behalf of users and merchants.

14 October 2025

News/regulation

Revolut faces further UK license delays; acquires AI travel agent

Revolut is reportedly facing further delays in securing a full UK banking licence because of regulators' concerns over the fintech's risk controls relating to cross-border payment. Separately, the firm has acquired an AI travel agent incubated at an innovation hub run by airline Lufthansa.

14 October 2025

News/startups

UK venture funding reaches multi-year high

Startups and scaleups based in the UK secured more than $9bn in venture capital funding in Q3, making it the second-highest quarterly funding total on record.

14 October 2025

News/ai

Mastercard unveils platform to boost payment approval rates

Mastercard has unveiled the Payment Optimisation Platform (POP), a service designed to improve approval rates for merchants using data to make intelligent decisions about transactions.

14 October 2025

News/ai

Microsoft and LSEG renew AI data partnership

The London Stock Exchange Group (LSEG) and Microsoft have announced the next stage of a multi-year partnership that will see the latter's AI technology applied to the exchange group's financial data.

13 October 2025

News/wealth

SoftBank in talks for $5 billion margin loan

SoftBank Group is reportedly asking global banks to borrow $5 billion as founder Masayoshi Son pours funding into AI investments.

10 October 2025

News/ai

Klarna and Google ink AI deal

Klarna has signed on to use Google Cloud's full AI stack, from infrastructure, to platform, to models.

10 October 2025

News/ai

Google signs FS firms to new Gemini Enterprise agentic platform

Commerzbank, Macquarie Bank and insurance player Signal Iduna are among the first firms to use Google Cloud's new Gemini Enterprise agentic platform.

09 October 2025

News/ai

JPMorgan spends $2bn a year on AI, saves same amount - Dimon

JPMorgan Chase invests $2 billion a year developing AI, with the technology saving the bank about the same amount, according to CEO Jamie Dimon.

09 October 2025

News/ai

BoE issues warning over potential AI bubble

UK investors should prepare for the possibility of a sharp correction in the value of UK stocks due to falsely inflated valuations for AI companies, according to the Bank of England.

08 October 2025

News/ai

Two-thirds of bank staff using unapproved AI tools - survey

The prevalence of shadow AI, whereby bank staff are using unapproved tech, poses a growing risk to the financial services industry, suggests recently published research.

08 October 2025

News/people

OpenAI acquires AI-powered personal investing app

OpenAI has acquired AI-powered personal finance app Roi in a deal that secures the services of the latter's CEO Sujith Vishwajith.

07 October 2025

News/ai

Moody’s warns slow AI adoption could erode margins and market share

Artificial intelligence is no longer just a technology; it’s a credit risk. That’s the message from Moody’s Ratings in its latest update to the AI Corporate Heatmap, which assesses the impact of AI advances on corporate creditworthiness through 2030.

07 October 2025

News/ai

Feedzai hits $2bn valuation

AI-based financial crime detection platform Feedzai has hit a $2 billion valuation off the back of a $75 million funding round.

06 October 2025

News/Sibos

Sibos 2025: BBH’s Adrian Whelan on overcoming obstacles in ESG and DEI policy

At Sibos 2025 in Frankfurt, Finextra spoke to Adrian Whelan, global head of market intelligence at Brown Brothers Harriman (BBH), on data scarcity, environmental, social, and governance (ESG) investing, how the industry is handling diversity and inclusion in the current political landscape.

03 October 2025

News/wealth

Wealth app Chip scores £6m investment from Channel 4 VC arm

Chip has secured its first institutional investment, with the venture capital unit of UK TV station Channel 4 pumping £6 million into the digital wealth app at a £208 million valuation.

03 October 2025

News/Sibos

Sibos 2025: DeFi expected to take over financial ecosystem

In the rapidly developing financial universe, there are certain buzzwords that have been reappearing throughout discussions: blockchain, stablecoins, and tokenisation. While cryptocurrencies are not new, these new developments in decentralised finance (DeFi) are taking the financial sector by storm.

02 October 2025

News/crypto

ECB turns to AI startup for fraud detection for digital euro

The European Central Bank (ECB) has selected Portugal-based startup Feedzai to provide fraud detection and prevention for its digital euro.

02 October 2025