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Greenlite AI raises $15m to help banks and fintechs fight financial crime

Greenlite AI, the leading AI agent platform for financial services, today announced a $15 million Series A funding round, bringing its total capital raised to $20 million.

/ai

Neutrinos signs Prudential Financial

Neutrinos announced today its latest technology vendor agreement, partnering to support the Simplified Solutions organization of U.S. based Prudential Financial Inc.'s (PFI) Individual Life Insurance business.

Fewer than 1 in 4 banks ready for AI era - report

/ai

Fewer than 1 in 4 banks ready for AI era - report

A vast majority of banks are unprepared for the advent of artificial intelligence, according to recently published research

/cloud

Pan Asia bank recruits IBM for digital bank infrastructure upgrade

IBM announces its collaboration with Pan Asia Banking Corporation PLC of Sri Lanka to modernize the bank’s digital infrastructure and deliver faster, more secure banking services across Sri Lanka.

/crime

Temenos launches financial crime fighting AI Agent

At the Temenos Community Forum in Madrid, Temenos (SIX: TEMN), a global leader in banking technology, today launched Temenos FCM AI Agent, an advanced screening solution built with AI, real-time evaluation, and robust compliance frameworks to make compliance smarter, faster and more trusted. The solution is generally available (GA).

/ai

BBVA overhauls Spanish app

BBVA is launching a new version of its app in Spain, with a unique native code that is scalable and exportable to all countries where the bank operates.

UBS rolls out AI avatars of its analysts

/ai

UBS rolls out AI avatars of its analysts

Swiss bank UBS is using AI models to create video avatars of its analysts to share with clients.

JPMorgan issues AI-generated Account Confidence Score for corporate payments

/security

JPMorgan issues AI-generated Account Confidence Score for corporate payments

JPMorgan Payments is supplying treasurers with an AI-generated Account Confidence Score, enabling corporate clients to assess fraud risk before initiating a payment.

Klarna on track to reach $1 million in revenue per employee

/ai

Klarna on track to reach $1 million in revenue per employee

BNPL giant Klarna says it is fast approching $1 million in revenue per employee, spearheaded by its aggressive uptake of AI.

What is deep learning?

/Artificial intelligence

Hamish Monk Senior Reporter at Finextra

What is deep learning?

Temenos opens up the box with GenAI co-pilot

/ai

Temenos opens up the box with GenAI co-pilot

Temenos has launched a GenAI co-pilot for its retail banking core product, enabling banks to test and launch new products faster.

Aveni launches FinLLM with backing from Lloyds and Nationwide

/ai

Aveni launches FinLLM with backing from Lloyds and Nationwide

Lloyds and Nationwide-backed fintech Aveni has released the first version of its domain-specific large language model for financial services, FinLLM.

/ai

A third of Australian consumers turning to AI to shop

Adyen, the global financial technology platform of choice for leading businesses, today published its 2025 Annual Adyen Retail Report that finds there’s been a 45% surge in people using artificial intelligence (AI) to shop in Australia.

Citi joins Series A for AI-powered B2B embedded finance platform CrediLinq

/ai

Citi joins Series A for AI-powered B2B embedded finance platform CrediLinq

AI-powered B2B embedded finance platform CrediLinq has closed a $8.5 million Series A funding round led by OM/VC and MS&AD Ventures.

/people

Temenos hires new CTO and global head of architecture and data

Temenos, a global leader in banking technology, today announced it has strengthened its product leadership team with two strategic appointments. Rohit Chauhan joins as Chief Technology Officer (CTO), and Eugene Khmelevsky joins as Global Head of Architecture and Data. The two executives, based out of the U.S., report to Barb Morgan, Temenos’ Chief Product and Technology Officer, highlighting the company’s strategic investment in talent to accelerate growth and innovation.

/markets

Dutch fintech GoDutch raises pre-seed funding round of €1.2m

Dutch fintech GoDutch, founded by serial entrepreneur Thomas Vles, has raised a pre-seed funding round of €1.2 million. Reputable founders of Dutch neobanks such as René Frijters and Mike de Boer (Knab) and Bart Wesselink (former COO and CFO of bunq) provided half of the investment. A group of early GoDutch users raised the other half of the money.

Lloyds selects Moneyhub for transaction data enrichment

/payments

Lloyds selects Moneyhub for transaction data enrichment

Lloyds banking Group is to pair inhouse-developed GenAI with transaction categorisation data from Moneyhub to give customers real-time insights into their spending habits.

/ai

Perplexity selects PayPal to power agentic commerce

Perplexity today announced that it has partnered with PayPal to power agentic commerce across its Perplexity Pro platform.

NatWest faces 100 million cyber attacks every month

/security

NatWest faces 100 million cyber attacks every month

NatWest is bombarded with 100 million cyber attacks every month, the UK bank's head of cyber security has revealed.

/ai

Broadridge patents GenAI applications

Broadridge Financial Solutions Inc. (NYSE:BR) has been awarded a new U.S. patent on its large language model (LLM) orchestration of machine learning agents.

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