Latest Artificial intelligence News: Finextra Research

ERP platform Rillet raises $70m

Ambitious companies don’t rise or fall by product alone – they win or lose by how they run finance and accounting. Rillet, the AI-native ERP (enterprise resource planning) platform built for modern finance teams, today announced a $70 million Series B co-led by Andreessen Horowitz and ICONIQ with participation from Sequoia, Oak HC/FT and earlier investors.

06 August 2025

Company update/ai

EquiLend launches AI tool for instant market intelligence

EquiLend, a global fintech leader in securities finance, today introduced a new AI-powered assistant within its Data & Analytics suite, designed to help users interact with securities finance and short interest insights more efficiently.

06 August 2025

Company update/ai

Experian taps Sikoia for income and employment checks

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.

06 August 2025

Company update/ai

VYRD and ZestyAI partner for home insurance analytics

VYRD, a Florida-based homeowners insurance company focused on delivering stability and protection in a challenging coastal market, has partnered with ZestyAI, the leading provider of AI-powered property risk analytics, to gain deeper visibility into property condition and risk exposure across its book of business.

06 August 2025

News/cloud

Maybank signs RM1bn digital transformation deal with Microsoft

Malaysia's largest financial institution Maybank, has agreed a deal with Microsoft that will see the tech firm spearhead the bank's digital transformation

06 August 2025

Company update/retail

Banco Sabadell picks DXC Technology for financial inclusion

DXC Technology (NYSE: DXC), a leading Fortune 500 global technology services provider, has been selected by Banco Sabadell, one of Spain’s leading banking groups, to help enhance the accessibility of its digital services.

06 August 2025

Finextra TV/ai

How to Handle AI Scepticism as a Banking Leader

Speaking to FinextraTV, Runki Goswami, Global Marketing Head & CMO at Newgen Software, and Varun Ghai, Associate Vice President (P&S), UK & EU, Newgen software discuss the use of AI and technology in banking against a backdrop of heightened customer needs. Explaining the different elements that are now available to banks, Goswami and Ghai also help to define what good leaders look like in this new era of technological change and scepticism.

06 August 2025

News/ai

Wells Fargo enlists Google Cloud for agentic AI play

Wells Fargo is expanding its relationship with Google Cloud to roll out agentic AI across its operations.

06 August 2025

Company update/ai

HSLC picks Vine for AI-powered commercial lending

HSLC, $227 million community bank serving Ohio and Kentucky, will reduce commercial loan processing time from days to hours after implementing Vine’s AI-powered lending platform.

05 August 2025

Company update/ai

OLarry raises $10m for AI-powered tax planning

OLarry, an AI-powered tax firm for the next generation of high-net-worth individuals and businesses, today announced that it has raised a $10 million Series A round led by TTV Capital and joined by Walkabout Ventures and Marin Sonoma Impact Ventures, bringing the company's total funding to $14.5 million.

05 August 2025

News/startups

Alaan raises $48m for spend management platform

Alaan, a UAE-based, AI-powered corporate spend management platform founded by former McKinsey consultants, has raised $48 million in Series A funding.

05 August 2025

Finextra TV/wealth

The 3 Most Compelling AI Use Cases in Wealth Management

As part of our new Future of Wealth Series, Joe Bonanno, Global Head of Data Analytics & Innovation - Citi Wealth, Citi joined FinextraTV to discuss some of the key components of the current wealth management sector. Specifically, Bonanno brings insights into how AI is being receieved across the industry and the ways in which it is particularly useful in relation to data inputs for large language models, task optimisation and research.

05 August 2025

Company update/ai

GoCardless rolls out AI tool for same-day direct debit settlement

Bank payment company GoCardless has announced the launch of a groundbreaking new feature to redefine same-day settlement for Direct Debit.

05 August 2025

Company update/ai

Software Circle acquires Irish AI fintech

Software Circle plc (AIM: SFT) is pleased to announce that it has acquired approximately 95% of the issued share capital of Artificial Intelligence Finance Limited.

05 August 2025

News/ai

NatWest and Google to boost UK startups with AI tools and training

NatWest is working with Google Cloud to support entrepreneurs on the UK lender's business Accelerator with access to AI tools, cloud technology, and expert training.

04 August 2025

News/ai

SEC launches AI task force

The US Securities and Exchange Commission has launched an AI task force to spearhead the agency’s efforts to embed artificial intelligence into its operations.

04 August 2025

Company update/people

SymphonyAI appoints John Edison president, FS division

SymphonyAI, leader in vertical AI, is accelerating adoption of its AI-driven end-to-end financial crime platform and doubling down on its commitment to compliance transformation with the appointment of John Edison as President of its Financial Services division.

04 August 2025

News/ai

AI-powered data platform Daloopa raises $13m

Daloopa, a provider of AI-powered data extraction services to hedge funds, investment banks, and other financial institutions, has raised $13 million in funding.

04 August 2025

Research/Artificial intelligenceEvent Report

Modern onboarding: Optimising KYC through data integration and AI

04 August 2025 135 downloads

Company update/wealth

UK wealth management platform Stratiphy launches

New personalised wealth management platform, Stratiphy, has launched to empower investors to take control of their investments and to meet their individual goals and risk appetite.

01 August 2025