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Experian launches AI assistant to streamline model risk management

Experian today announced the launch of Experian Assistant for Model Risk Management, a first-of-its-kind solution to help financial institutions govern and manage models more efficiently across the entire model development lifecycle.

EBA warns of money laundering risk in fintech sector

/crime

EBA warns of money laundering risk in fintech sector

The ongoing digitalisation of financial services has increased the risk of money laundering (ML) and terrorist financing (TF), according to the European Banking Authority (EBA).

Atom Bank restructures tech leadership team

/people

Atom Bank restructures tech leadership team

UK-based Atom Bank has announced a series of changes to its technology senior leadership team, including a chief of staff and a new AI and data science team.

/ai

GFT unveils AI coding assistant

Global digital transformation company GFT has announced its work to drive U.S. and Canadian financial institutions' cloud and AI digital transformation projects with Wynxx, its new AI-powered software development product.

/ai

kuvi.ai secures $0.7 million to support private beta of agentic OS

Kuvi.ai, the platform pioneering Agentic Finance, has announced the successful completion of its $700,000 seed round, led by Moon Pursuit Capital, and the expansion of its strategic round, which is now oversubscribed.

/ai

Playter releases AI-based risk tool for brokers

Most small businesses never make it past their first funding rejection.

RBC taps proprietary AI model for credit decisions

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RBC taps proprietary AI model for credit decisions

Royal Bank of Canada is using its own proprietary AI foundation model to improve credit adjudication capabilities and loyalty programme personalisation.

/ai

Risk management firm EverC and AWS collaborate to fight fraud

Since Q4 2024, EverC, a leading provider of AI-driven risk management solutions for digital commerce, has been working with Amazon Web Services (AWS) to support innovation.

Ramp closes second raise in 45 days as AI fuels growth

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Ramp closes second raise in 45 days as AI fuels growth

Less than two months after raising $200 million at a $16 billion valuation, Ramp has pulled in another $500 million in a round that values the expense management startup at $22.5 billion.

/people

Gila appoints Rei Kasai as chief product officer

Glia, the leader in unifying AI and human agents to automate and elevate customer interactions, today announced the appointment of Rei Kasai as Chief Product Officer (CPO).

Standard Chartered signs AI deal with Alibaba

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Standard Chartered signs AI deal with Alibaba

Standard Chartered has signed an AI and cloud deal with Albibaba Group.

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Intelligent Lending ships open banking powered business app, binq

Intelligent Lending has announced the launch of binq, the app for all things businesses – a new kind of platform that gives SME owners the power to make faster, smarter and better decisions.

How AI Can Reduce Decision Fatigue for Asset Managers

/ai

How AI Can Reduce Decision Fatigue for Asset Managers

Joining the FinextraTV Virtual Studio, Phil Cox, COO, Russell Investments and Roshan Shetty, BFSI & Public Sector Head - Americas, Tech Mahindra discuss the decision fatigue within asset management currently and how AI helps alleviate that. Splitting the task abilities that can be improved into analysis, portfolio construction, risk management and trading strategies, Shetty and Cox debate the ease if AI adoption into existing processes and how information-based tools have risen to the top.

The Outsourcing Imperative: The strategic importance of partnerships for cloud-based payments

/Artificial intelligence

The Outsourcing Imperative: The strategic importance of partnerships for cloud-based payments

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Third Bridge and Portrait Analytics partner on AI-powered investment research

Third Bridge, the global expert network and research provider, today announced its collaboration with Portrait Analytics, a personalized AI-powered investment research platform.

What is treasury technology?

/Artificial intelligence

Hamish Monk Senior Reporter at Finextra

What is treasury technology?

/startups

Private equity due diligence platform Keye launches from stealth with $5 million Seed round

Keye today announced it has launched from stealth with $5 million in a Seed financing round from Sorenson Capital, General Catalyst, Y Combinator, ERA, Tiferes Ventures, Dunamu Ventures, and Palm Drive Capital.

/ai

PolyU and Ant Digital Technologies establish AI and Web3 Joint Lab

The Hong Kong Polytechnic University (PolyU) and Ant Digital Technologies today signed a strategic cooperation agreement to establish the “PolyU and Ant Digital Technologies Joint Lab on AI and Web3”.

/ai

Mollie eases merchant AI integration with new MCP server

Mollie, one of Europe’s fastest-growing payment service providers, today announces the launch of its own Model Context Protocol (MCP) Server – a new tool that makes it easier for merchants to integrate Mollie into their AI applications, simplifying workflows, improving efficiency, and reducing the need for technical know-how.

/identity

Experian to deploy Sikoia’s AI-powered document processing technology

Global data and technology company, Experian, and leading customer verification platform Sikoia today announce a new partnership to streamline and modernise income and employment verification.

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