Artificial intelligence

3986 articles tagged with this keyword

/ai

Why Exception Handling Needs AI, Automation, and ISO 20022

At Sibos 2025 in Frankfurt, Kelly Wilson, Financial Services Industry Principal at Pega, explored how exception handling and compliance are evolving in the era of real-time, data-rich payments. She emphasised the strategic value of ISO 20022 and the role of automation and agentic AI in accelerating exception resolution through predictive analytics and intelligent workflows. Wilson noted that while large banks are leading the charge, driven by cross-border demands, smaller institutions are also modernising, often through partnerships. She highlighted the importance of cloud adoption and tools in overcoming legacy infrastructure challenges, predicting a future where modernisation becomes continuous and legacy systems gradually fade into the background.

/ai

DBS brings Joy to coreporate clients with new AI chatbot

DBS today announced the official launch of its newly-enhanced virtual assistant for corporate clients known as “DBS Joy”.

/ai

Ant International open sources AI-powered FX forecasting tool

Ant International, a leading global digital payment, digitisation, and financial technology provider, has released its proprietary Falcon TST (Time-Series Transformer) AI model, the industry-first Mixture of Experts architecture-based big data model with multiple patch tokenizers, supported by up to 2.5 billion parameters.

/startups

ClearBank founder bounces back with Sporta

Andrew Smith, ClearBank founder and former CTO, has launched his next venture, Sporta. Its first Crowdcube funding round values the startup at £35 million pre-money.

/ai

ASA to drive financial wellness through data intelligence

ASA has unveiled a new suite of artificial intelligence–powered products – ASA Net Worth, ASA One View, and ASA Forecast – created specifically to help credit unions and banks address today’s toughest challenges: deepening user engagement, reducing friction in digital experiences, and driving financial wellness through data intelligence.

/Artificial intelligence

Scott Hamilton Contributing Editor at Finextra Research

Are AI agents tailored to financial services ready for prime time?

/ai

Lloyds Bank to embed AI financial assistant into mobile app

Lloyds Bank is to launch a new multi-purpose AI financial assistant to help customers manage their finances via the UK bank's mobile app.

/ai

Clearwater Analytics rolls out GenAI platform globally

Clearwater Analytics (NYSE: CWAN), the most comprehensive technology platform for investment management, today announced the global deployment of CWAN GenAI, a newly-launched, embedded generative AI platform that can be deployed to transform investment management, risk management, reporting and operations across more than $10 trillion in institutional assets.

/ai

TRG Screen releases Xmon AI Assist for assessing market data costst

TRG Screen, the leader in market data and subscription cost management technology, today announced the launch of Xmon AI Assist, a breakthrough capability that brings conversational analytics to market data cost management.

/ai

Arta onboards leading Asian banks to AI platform

Arta today announced the expansion of Arta AI, a SaaS platform purpose-built to empower individuals and financial institutions with AI agents for wealth management.

/Artificial intelligence

Tom Hay Principal Consultant at Payment Systems Europe

From wallets to agents: The next great shift in payments infrastructure

/ai

UK Government commissions report into impact of AI in financial services

The UK Treasury has instructed the Financial Services Skills Commission (FSSC) to produce a report on AI skills needs, training and innovation in financial services.

/ai

Zest AI scores customer-led financing round

AI-based loan underwriting platform Zest AI has completed an oversubscribed, customer-led financing round.

/retail

Why Banks Are Being Forced to Relook at Their Cross-Border GTM

Speaking to FinextraTV from Sibos 2025 in Frankfurt, Arun Kini, Managing Director, Payments, Finastra speaks to the changes, trends and challenges within cross-border payments. Kini ties all the evolving changes, within regulation and with the growing number of outsourcing and partnerships to one common objective: speed. Within this, Kini predicts the continued rise of stablecoin integration to assist in this journey. He says that when looking at how to efficiently improve systems, banks are now looking at 3 key things: how to get to market in the cheapest way possible, how to manage liquidity better and how to look at payment systems that help automation and speed. In helping all these objectives, Kini justifies the investment in payment hubs as a solution.

/ai

Expensify rolls out hybrid human/AI agent

Expensify (Nasdaq: EXFY), the easiest way to manage expenses, corporate cards, and travel, announced the next evolution of Concierge, its embedded support system, now transformed into a full-service expense agent.

/ai

PensionBee partners with Adclear to bring AI to marketing compliance

PensionBee, the leading online pension provider on a mission to build pension confidence, is partnering with financial promotions (FinProm) platform Adclear to empower teams to leverage the power of AI across UK and US marketing compliance.

/wholesale

180 Years of Bankers Almanac: How Data Has Evolved from Physical to Digital

Joining FinextraTV at Sibos in Frankfurt, Scott Manson, Senior Director, Product Management, LexisNexis Risk Solutions brought with him a copy of The Bankers Almanac and Directory from 1845 to demonstrate how far the industry has evolved. Providing some context to how this book would be used in 19th-century banking, Manson explains how data and information are still used in a similar manner, but its form and scale has evolved. Looking to the future, Manson equally provides his predictions on how AI will influence KYC and data.

/ai

Ortecha and Broadgate Consultants announce merger

Ortecha, the data, analytics and AI consultancy that champions ‘Data made Human’, has merged with the technology transformation specialist Broadgate Consultants.

/ai

AI fintech Optasia lists in South Africa

UAE-based Optasia, a AI-powered fintech, has listed on the Johannesburg Stock Exchange (JSE) in one of the country's biggest IPOs in recent years.

/ai

Banca Sella acquires Hype

The Boards of Directors of Banca Sella and its parent company Banca Sella Holding have decided to submit an offer for the 50% stake of Hype's capital held by illimity Bank, in accordance with the procedure set out in the shareholders' agreement of the joint venture.