Latest Artificial intelligence News: Finextra Research

Company update/ai

Mogoplus raises funds for agentic AI in lending

Sydney based AI and data Insights provider Mogoplus has raised AU$1.5m in funding from London based New Model Venture Capital Group.

14 hours

Company update/people

Apex Group names Helen Wang chief AI and data science officer

Apex Group has named a new Chief AI and Data Science Officer, Helen Wang as Chief AI and Data Science Officer, based in Abu Dhabi. The firm’s increasing dedication to technology-driven financial services transformation is reflected in the Apex Group AI initiative.

14 hours

Finextra TV/payments

The Key Payment Trends to Maximise Business Value

Speaking to FinextraTV, Barry Rodrigues, EVP Payments, Finastra, explains how financial institutions can embrace the changing payment trends and leverage these to maximise business value. Looking towards the future of cross-border payments, ISO 20022, real-time payments, and the importance of a modern architecture, Rodrigues provides a holistic view of how to both provide value and generate revenue in an evolving time.

03 July 2025

News/ai

BBVA to roll out GenAI tools to 100,000 employees via Google Cloud

BBVA is deepening its relationship with Google Cloud through the deployment of Google Workspace with Gemini, as part of the global bank’s AI adoption strategy.

03 July 2025

News/ai

BNY to give AI-powered 'digital employees' their own emails

Bank of New York Mellon has given dozens of AI agent 'digital employees' their own logins and will soon provide them with email accounts.

03 July 2025

Company update/ai

Remark raises $16 million for AI-based online shopping assistant

Remark, the company building human-trained AI product experts for commerce, today announced a $16 million Series A funding round.

02 July 2025

News/security

Mastercard applies AI to stem card reissuance fraud

Mastercard is rolling out Account Intelligence Reissuance, a GenAI-based fraud prevention service, in the Eastern Europe, Middle East and Africa (Eemea) region.

02 July 2025

News/ai

Lloyds Banking Group to test neurosymbolic AI

Lloyds Banking group is opening its innovation sandbox to a neural network-based AI product from UnlikelyAI.

02 July 2025

Company update/payments

JaJa Finance to offer personalised rewards to credit card customers based on their spending habits

Today, Jaja Finance (“Jaja”) is once again leading the way in tech innovation with the launch of its revolutionary ‘Launch to Rewards’ interactive programme for Jaja Vanta Credit Card customers.

02 July 2025

Company update/ai

Ant International launches AI travel companion for digital wallets

With launch partners including Agoda, Fliggy and Trip.com, Ant International introduces Alipay+ Voyager, an AI travel companion integrated into digital wallets for the travel industry to simplify and enhance travel experiences for global consumers.

02 July 2025

Finextra TV/ai

Can Agentic AI Help to Reduce Financial Crime in Banking?

Joining the FinextraTV studio at Temenos Community Forum 2025, Adam Gable, Senior Product Director, Temenos provided an insight into the way that agentic AI is helping to combat financial crime. Discussing the challenges inherent in fighting financial crime amidst a high-volume, high-speed market, Gable emphasises how well-considered agentic AI tools can provide an investigative element as fast as the speed of modern fraud.

02 July 2025

Company update/people

Napier AI appoints Kenneth Paqvalén as CFO

Napier AI, the London-based financial crime compliance RegTech, has appointed Kenneth Paqvalén as Chief Financial Officer to scale its global AI-powered AML solutions as the company expands its business to serve an increasingly international customer base.

02 July 2025

Company update/people

Ex-Plaid exec Farid Sedjelmaci joins Stacks as new COO

Stacks AI, the fast-growing startup on a mission to reinvent the financial close, has just appointed Farid Sedjelmaci as its new COO.

02 July 2025

Long read/Artificial intelligence

Hamish Monk Senior Reporter at Finextra

What is predictive analysis?

01 July 2025

Company update/ai

Lendscape integrates with Lucero AI operations assistant from Vamos

VAMOS, the specialist in applied AI for asset finance, has announced the integration of its Lucero AI operations assistant with Lendscape Asset Finance - the 100% API-first, AI-ready platform that’s empowering modern lenders to innovate at speed.

01 July 2025

Company update/ai

Aveni sets up AI advisory board

Leading UK Fintech Aveni AI welcomed a group of industry leaders yesterday from the UK’s wealth management and financial planning sector to an exclusive forum, to discuss how Artificial Intelligence will transform the future of financial services.

01 July 2025

Company update/ai

SAP Fioneer releases AI agent

SAP Fioneer, a leading global provider of financial services software solutions and platforms, today announced the launch of its AI Agent: an expert-built solution designed to intelligently enhance core operations of financial services institutions.

30 June 2025

Company update/regulation

Orbit and ISC align to launch AI-powered RegAware

Orbit and Investment Solutions Consultants (ISC) Limited have partnered to launch RegAware: a new Al-powered Regulatory Horizon Scanning solution, specifically designed for investment managers navigating the increasingly complex global regulatory landscape.

30 June 2025

News/ai

AI agent running vending machine business has identity crisis

An AI agent running a small vending machine company tried to fire its workers, became convinced it was a real person, and then lied about it in an experiment at Anthropic.

30 June 2025

Company update/ai

Moneythor debuts AI suite

Singapore-based Moneythor, the world-leading personalisation platform for banks, today announced the launch of its AI Suite, to enable banks to build deeper and profitable relationships with their customers.

30 June 2025