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Rapid Finance introduces network monitoring features to Lynx platform

Rapid Finance, a leader in small business financing and enterprise lending solutions, today announced the launch of a new network monitoring feature within its AI-ready data aggregation and assimilation platform, Lynx, designed to enhance fraud detection and ensure the data integrity for its network participants.

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Sympera AI raises $10m

Agentic AI innovator Sympera AI announced today that it has raised a $10 million seed funding round, which was co-led by Nyca Partners and Viola Ventures.

/ai

Western Union and HCLTech partner for transition to AI-led platform operating model

HCLTech and Western Union announce a strategic partnership to drive innovation and transformation in the financial services industry.

/ai

SAP Fioneer to give AI boost to Virtual Account Management product

SAP Fioneer, a leading global provider of financial services software, today announced a significant advancement in its Virtual Account Management (VAM) solution, unveiling plans for AI-driven enhancements that will redefine the future of banking payments.

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FS-Isac publishes AI guidance paper

FS-ISAC, the member-driven, not-for-profit organisation that advances cybersecurity and resilience in the global financial system has published Charting the Course of AI: Practical Considerations for Financial Services Leaders.

/ai

Acuvity offers free GenAI Service risk evaluation to credit unions

Acuvity, a leading runtime generative AI security platform company, today announced the availability of their GenAI Service Risk Evaluation Report, a highly sought-after capability following the recent release and subsequent adoption of DeepSeek.

/ai

Pimfa WealthTech and Morningstar invita applications for AI TechSprint

The rise of generative artificial intelligence (AI) presents immense opportunities for innovation and growth across the sector, but with this comes a myriad of challenges for financial advice, planning and wealth management firms in building, testing, and deploying reliable AI solutions.

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Mobey Forum poses ten key questions banks must ask before going live with AI

Mobey Forum’s AI Expert Group has released a new infographic, ‘10 Must-Answer Questions for Banking Executives to Ask Before Going Live with Customer-Facing Conversational AI’, which provides critical insights for financial institutions implementing generative AI solutions.

/ai

Pleo adopts Taktile to enhance fraud detection and AML capabilities

Pleo, the leading financial platform for businesses, has announced a strategic partnership with Taktile, a category-defining decision automation platform.

/ai

CFTC: Generative AI is making easier for fraudsters to fool tthe public

A new Commodity Futures Trading Commission customer advisory says generative artificial intelligence is making it increasingly easier for fraudsters to create convincing scams.

/ai

Bud works with DataStax and NVIDIA to supercharge real-time insights platform

DataStax, a leading AI platform that helps enterprises and developers build accurate AI applications at scale, has announced that Bud Financial is leveraging the DataStax AI Platform, built with NVIDIA AI, including NVIDIA NeMo Retriever, NVIDIA NIM microservices, and NVIDIA AI Enterprise, to enhance customer experiences for organizations such as ANZ while increasing speed 10x.

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Permutable AI beats the market with LLM-based trading results

London-based fintech startup Permutable AI today announced the successful launch of its end-to-end Large Language Model (LLM) based systematic trading platform, which has been operating live since October 2024.

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