Latest Artificial intelligence News: Finextra Research

Company update/ai

Martini.ai ships Agentic AI Company Research

martini.ai, a leader in AI-driven credit analytics, today announced the launch of Agentic AI Company Research, a breakthrough solution that empowers businesses with comprehensive, real-time insights into individual companies’ credit profiles.

06 February 2025

Finextra TV/predictions

Mambu: Predictions report provides expert insights for success in 2025

With a new year comes new insights and in this FinextraTV interview, Anthony Nonnis, Global Head of Partnerships at Mambu, shares some of the key trends in financial services from Mambu’s 2025 Partner Predictions Report. Diving into some familiar topics such as Embedded Finance, AI and regulatory changes, Nonnis explains how financial institutions can build a modular, scalable approach to prepare for these changes.

06 February 2025

News/cloud

CommBank signs five-year deal with AWS

CommBank has entered a five-year deal with Amazon Web Services (AWS) to continue as the bank’s preferred cloud provider.

06 February 2025

Company update/ai

Formica AI tackles financial fraud

Developed entirely by Turkish engineers, Formica AI has become a leader in Turkey and the nearby geography in areas such as fraud detection and prevention, AML, KYC, internal audit and compliance with legal regulations.

05 February 2025

Company update/ai

IBM publishes study on uptake of GenAI in financial markets

IBM (NYSE: IBM) today released its annual expectations for technology and transformation in the global financial services industry in the year ahead in the IBM Institute for Business Value 2025 Outlook for Banking and Financial Markets.

05 February 2025

Long read/Artificial intelligence

Charlotte Crosswell Chair at Centre for Finance, Innovation and Technology

UK policy and the power of data in 2025

05 February 2025

Company update/ai

Financial advisers face consumer trust gap in implementing AI

With the largest generational transfer of wealth expected to take place in the UK by 2050*, financial advice firms have the opportunity to start capturing a significant market of those currently not using an adviser with bespoke AI tools.

05 February 2025

News/ai

Worldpay to buy fraud prevention platform Ravelin

Payments giant Worldpay has struck a deal to buy AI-native enterprise fraud prevention platform Ravelin. Financial terms were not disclosed.

05 February 2025

Company update/ai

Lombard Odier embeds AI into core banking stack with MongoDB

MongoDB, Inc. (NASDAQ: MDB) today announced that Lombard Odier, a global Swiss private bank founded in 1796, has partnered with MongoDB to further modernise its leading banking technology systems.

04 February 2025

News/ai

Use of AI in banking to be subject of new inquiry by MPs

The UK Treasury Committee has opened a call for evidence into the potential impacts of the increased use of artificial intelligence in banking, pensions and other financial services.

04 February 2025

DeepSeek: What can this open-source AI leader do for fintech?

Long read/Artificial intelligence

Madhvi Sonia Head of Content at Finextra

DeepSeek: What can this open-source AI leader do for fintech?

03 February 2025

Company update/ai

Jump rises $20m to bring AI to financial advisors' workflows

Jump, a leading provider of artificial intelligence (AI) solutions for financial advisors and other financial services providers, today announced the successful completion of a $20 million Series A funding round, led by Battery Ventures, with additional participation from Citi Ventures and existing investors Sorenson Capital and Pelion Ventures Partners.

03 February 2025

Company update/ai

Puma Growth Partners invests in legal and fintech specialist Semeris

Puma Growth Partners (“Puma”), a leading provider of growth capital to small and medium-sized businesses, has led a $4.3 million investment into legal and financial technology specialist, Semeris.

03 February 2025

Company update/ai

XS.com releases AI insights to detect biases in trading strategies

XS.com, the award-winning global multi-asset fintech and financial services provider, proudly announces the launch of “AI Insights,” an AI-powered personal trading insights tool designed to detect hidden biases and patterns in the trading history using behavioral AI.

03 February 2025

News/ai

Marlin makes majority stake investment in Napier AI

Marlin Equity Partners has taken a majority stake in UK financial crime RegTech Napier AI. Terms were not disclosed.

03 February 2025

News/ai

EU AI Act: Unacceptable risk provisions take effect

The European Union Artificial Intelligence Act (EU AI Act) entered into force on 1 August 2024, marking a historic moment as the world’s first comprehensive legislation regulating AI systems according to a risk-based approach.

31 January 2025

News/markets

Emirates NBD's Deniz Ventures, Rasmal Ventures provide Mena securitisation innovation $7.6m boost

The world's first AI-powered securitisation platform, TeamSec, aims to transform the structured finance industry through a securitisation-as-a-service platform.

31 January 2025

Company update/markets

Infosys Finacle unveils new asset liability management solution

Infosys Finacle, part of EdgeVerve Systems, a wholly-owned subsidiary of Infosys (NSE, BSE, NYSE: INFY), today announced the launch of the Finacle Asset Liability Management Solution – a liquidity and interest rate risk management solution that provides banks with an enterprise-wide view of all on-and-off balance sheet exposures. The solution enables banks to identify gaps, assess impact on net interest margin and liquidity, and take corrective actions, to better manage their funding and liquidity decisions.

31 January 2025

News/people

Lloyds appoints head of responsible AI

Llloyds Banking Group has reacted to the growing pressure on banks to build safeguards around their deployment of artifical intelligence tools by appointing Magdalena Lis as head of 'responsible' AI.

31 January 2025

News/retail

UK fintech jobs market booms

The UK fintech sector experienced a 44% surge in job vacancies in 2024, driven by venture capital investment and AI, according to a report for recruiter Morgan McKinley.

31 January 2025