Latest Artificial Intelligence News: Finextra Research

Monzo co-founder Blomfield predicts AI will wipe out software engineering jobs

Monzo co-founder and Y Combinator partner Tom Blomfield has kicked up a stir by tolling the death knell of the humble software engineer, claiming that AI will soon be "provably and obviously better at basically every facet" of coding.

8 hours

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Amazon launches AI agent that can shop online

Amazon has unveiled an AI agent trained to independently perform actions, such as order and pay for things, within a web browser.

02 April 2025

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PayPal invests in Latin American spend management platform Mendel

Latin American enterprise spend management platform Mendel has raised $35 million in a Series B funding round led by Base10 Partners and joined by PayPal Ventures.

31 March 2025

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U.S. Bank: New technology is not always the answer to customer need

In the fintech industry, we often hear of growing innovations and iterative developments on existing technologies that seek to reimagine our world. Many are successful, many are groundbreaking but it is true, in a market of increasing transformation, that there are also products invented without a need for them.

28 March 2025

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Australia's CommBank opens collaborative Tech Hub in Seattle

Australia's Commonwealth Bank has opened a dedicated Tech Hub in Seattle to equip its IT staff with first-hand experience of emerging developments in cuting-edge technologies, such as AI and cloud.

28 March 2025

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Standard Chartered launches GenAI tool worldwide

Standard Chartered is rolling out a Generative AI tool to tens of thousands of employees around the world.

28 March 2025

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Robinhood moves into wealth management and private banking

Stock trading app Robinhood continues to build out its product suite, adding wealth management and private banking services, as well as an AI investment tool.

27 March 2025

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AI compliance platform Flagright raises $4.3 million

AI-native AML compliance platform Flagright has raised a $4.3 million Seed round to fund international expansion.

27 March 2025

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Charm launches AI platform to help banks combat scams

Charm, an AI-powered security platform that protects organisations and their customers from scams, social engineering, and human-centric fraud, has emerged from stealth with $8 million in seed funding.

26 March 2025

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Curve eschews AI with recruitment drive for human CX experts

Fresh from a £37 million funding round, London-based digital wallet Curve is hiring 50+ customer experience recruits to provide human-centric tailored services to its six million user base.

25 March 2025