Artificial intelligence

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FCA forges AI pact with Singapore

The Financial Conduct Authority (FCA) is strengthening its international footprint with a strategic partnership on artificial intelligence (AI) with the Monetary Authority of Singapore (MAS) and will establish a new presence in the country.

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Generative AI adoption in Dubai has nearly tripled in the past 12 months

The Dubai Financial Services Authority (DFSA), the independent regulator of the Dubai International Financial Centre (DIFC), has today released the results of its artificial intelligence (AI) survey 2025, revealing a rapid acceleration in AI adoption among financial firms in the Centre, with 52% of firms actively using AI – up from 33% in 2024 – with growth particularly pronounced in the adoption of Generative AI (+166%).

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Ant International’s Antom launches AI copilot app to speed credit access to MSMEs

Antom, a leading provider of merchant payment and digitisation services under Ant International, today announced EPOS360, an app that brings point-of-sale (POS) system, payments, banking, lending, and growth support together to help micro, small and medium sized enterprises (MSMEs) move from setup to scale efficiently.

/ai

Eurobank to embed agentic AI into core operations

Eurobank, in strategic partnership with Fairfax Digital Services (a Fairfax company), today announced a landmark AI initiative, supported by EY and Microsoft, to accelerate its AI-powered transformation.

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BNP Paribas deploys AI to speed up ESG assessments

BNP Paribas has deployed generative AI to alleviate the time spent by staff in filing ESG assessment reports.

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Visa and Karat to collaborate on agentic pilot for the creator economy

At Web Summit 2025 today, Visa Inc. (V) strengthened its long-standing commitment to supporting digital creators as a powerful force in the global economy.

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Why Exception Handling Needs AI, Automation, and ISO 20022

At Sibos 2025 in Frankfurt, Kelly Wilson, Financial Services Industry Principal at Pega, explored how exception handling and compliance are evolving in the era of real-time, data-rich payments. She emphasised the strategic value of ISO 20022 and the role of automation and agentic AI in accelerating exception resolution through predictive analytics and intelligent workflows. Wilson noted that while large banks are leading the charge, driven by cross-border demands, smaller institutions are also modernising, often through partnerships. She highlighted the importance of cloud adoption and tools in overcoming legacy infrastructure challenges, predicting a future where modernisation becomes continuous and legacy systems gradually fade into the background.

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DBS brings Joy to coreporate clients with new AI chatbot

DBS today announced the official launch of its newly-enhanced virtual assistant for corporate clients known as “DBS Joy”.

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Ant International open sources AI-powered FX forecasting tool

Ant International, a leading global digital payment, digitisation, and financial technology provider, has released its proprietary Falcon TST (Time-Series Transformer) AI model, the industry-first Mixture of Experts architecture-based big data model with multiple patch tokenizers, supported by up to 2.5 billion parameters.

/startups

ClearBank founder bounces back with Sporta

Andrew Smith, ClearBank founder and former CTO, has launched his next venture, Sporta. Its first Crowdcube funding round values the startup at £35 million pre-money.

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ASA to drive financial wellness through data intelligence

ASA has unveiled a new suite of artificial intelligence–powered products – ASA Net Worth, ASA One View, and ASA Forecast – created specifically to help credit unions and banks address today’s toughest challenges: deepening user engagement, reducing friction in digital experiences, and driving financial wellness through data intelligence.

/Artificial intelligence

Scott Hamilton Contributing Editor at Finextra Research

Are AI agents tailored to financial services ready for prime time?

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Lloyds Bank to embed AI financial assistant into mobile app

Lloyds Bank is to launch a new multi-purpose AI financial assistant to help customers manage their finances via the UK bank's mobile app.

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Clearwater Analytics rolls out GenAI platform globally

Clearwater Analytics (NYSE: CWAN), the most comprehensive technology platform for investment management, today announced the global deployment of CWAN GenAI, a newly-launched, embedded generative AI platform that can be deployed to transform investment management, risk management, reporting and operations across more than $10 trillion in institutional assets.

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TRG Screen releases Xmon AI Assist for assessing market data costst

TRG Screen, the leader in market data and subscription cost management technology, today announced the launch of Xmon AI Assist, a breakthrough capability that brings conversational analytics to market data cost management.

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Arta onboards leading Asian banks to AI platform

Arta today announced the expansion of Arta AI, a SaaS platform purpose-built to empower individuals and financial institutions with AI agents for wealth management.

/Artificial intelligence

Tom Hay Principal Consultant at Payment Systems Europe

From wallets to agents: The next great shift in payments infrastructure

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UK Government commissions report into impact of AI in financial services

The UK Treasury has instructed the Financial Services Skills Commission (FSSC) to produce a report on AI skills needs, training and innovation in financial services.