Artificial intelligence

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/ai

Why It's So Important To Approach Technology Development Differently

While speaking with FinextraTV at the Communify Fincentric Experience 2025, Will Bailey, President of International Sales, Communify Fincentric explained the way technology is developing. From Deterministic AI to blockchain, Bailey discusses how best to leverage these technologies and the most effective approach to early adoption.

/inclusion

IFGS Reflections: How The UK Has World-Beating Potential

Following on from a busy UK Fintech Week, Janine Hirt, CEO, Innovate Finance sat down with FinextraTV to give her reflections. Discussing Hirt’s highlights, she explained how the UK is in a place of great technological potential with the opportunity to not just be a world leader, but the leader of the world. With visions of a future UK Tech Stack and stablecoin insights, Hirt speaks with optimism and passion during an uncertain time.

/startups

Telesales startup Solda.AI raises $4 million

Solda.AI, the pioneering AI telesales startup, has raised a $4M seed funding round to revolutionize phone sales with easy-to-deploy multimodal AI voice agents that can close deals autonomously.

/ai

Avenir releases ChatGPT for wealth management firms

Avenir, has unveiled a purpose-built AI chat assistant specifically designed for wealth management firms, delivering institutional-grade capabilities comparable to those used by global investment banks like JP Morgan, but customised for advisers, paraplanners, and administrative teams.

/ai

Indata embeds GenAI across product suite

INDATA, a leading industry provider of cloud-native, SaaS-based solutions for buyside firms, today announced a software release providing enhanced technology, functionality and productivity improvements for clients.

/ai

Investing app Stash raises $146m

American investing app Stash has raised $146 million in an oversubscribed Series H funding round led by Goodwater Capital.

/cloud

Unicredit turns to Google Cloud for transformation projects

Italy-based commercial bank has agreed a 10 year deal with Google Cloud to accelerate its digital transformation project.

/ai

Google integrates LLM Gemini Nano to prevent evolving scams

Alongside the release of their 'Fighting Scams in Search Report', Google have shared how Chrome, Search and Android are using AI-powered technologies to defend users against online scams.

/security

Ox Security closes Series B at $60 million

The round brings the application security platform and cybersecurity company's total funding to $94 million. Led by DTCP with participation from Swisscom, IBM, Evolution Equity and Team 8, the capital will be used to strategically grow production innovation and global footprint.

/ai

Klarna takes foot off AI gas as CEO acknowledges importance of human customer service

After aggressively pursuing an AI-driven workforce reduction strategy, Klarna says it is "evolving" the strategy and hiring customer service employees in an acknowledgment that people often still want to talk to a human.

/ai

Extend launches open source AI toolkit

Extend, the spend and expense management platform that works with business’ existing credit cards, announces the launch of its open-source AI toolkit marking a significant step forward in finance automation solutions for businesses of all shapes and sizes.

/regulation

Capgemini launches perpetual KYC sandbox

French IT services and consulting company Capgemini is claiming an industry-first after releasing its perpetual KYC (pKYC) sandbox.

/ai

Stripe accelerates utility of AI and stablecoins with major launches

Today, programmable financial services company Stripe announced new products designed to help businesses harness AI and stablecoins to accelerate their growth.

/wealth

Will Developing Technologies Ease the Self-Directed Experience?

Attending the Communify Fincentric Experience 2025, Geoff Lloyd, Founder, Babylon Capital joined FinextraTV to talk about how, as a part of the Australian market, he is watching the US and UK closely as they expand on developing technologies. According to Lloyd, many of these technologies could represent an innovation that will further level the playing field for the self-directed investor and even for those managing their superannuation funds.

/ai

Genesis launched server that governs govern how AI agents interface with its software

Genesis Global launched a Model Context Protocol (MCP) Server to govern how AI agents interface with software built with the Genesis Application Platform.

/ai

OakNorth to embed GPT tools from OpenAI across its business

OakNorth, the UK digital bank for SMEs, has signed a deal with OpenAI to embed generative AI technologies across its business.

/payments

Coinbase unveils internet payments protocol for AI agents

Coinbase is resurrecting a long-buried protocol for sending payments over the Internet to create an agentic payments layer that requires no human intervention.

/security

Payabl. integrates with Sift for AI-powered fraud prevention

payabl., a leading European financial technology provider, today announced its partnership with Sift, the AI-powered fraud platform delivering identity trust for hundreds of businesses worldwide.

/payments

Barclays deploys Ant International's FX forecasting model for global treasury management

Barclays Bank is to use Ant International's proprietary Time-Series Transformer (TST) AI FX Model, to help businesses reduce FX-related costs and risks against global volatilities.

/ai

Sikoia and Mast team on AI-powered document processing for mortgage lenders

London-based fintech Sikoia, which helps financial services providers automate key processes, is partnering with Mast.