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FSB report on AI monitoring

FSB report sets out advice to authorities on how to tackle the challenges related to monitoring adoption of artificial intelligence (AI) in the financial sector.

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Bank of Singapore deploys agentic AI tool to automate source of wealth report writing

Bank of Singapore has rolled out an agentic AI powered tool that automates a key part of the Know-Your Customer due diligence process to ensure the legitimacy of clients’ wealth and transactions. With the use of the tool, Source of Wealth Assistant (SOWA), relationship managers are able to deliver more consistent Source of Wealth (SoW) reports within a shortened timeframe, from 10 days to one hour, while ensuring alignment with regulatory standards.

/ai

Zilch unveils AI data intelligence platform for retailers

Zilch, the consumer payments platform powering the future of commerce, today unveiled milestone product developments marking the next phase of its exponential growth.

/ai

Splitit brings BNPL to AI shopping agents

Splitit, the pioneer of embedded card-linked installments, announced the launch of an invite-only partner program designed to make pay-later capabilities native to Agentic AI, the next generation of AI-driven commerce.

/ai

Affirm backs Google Agent Payments Protocol

Affirm (NASDAQ: AFRM), the payment network that empowers consumers and helps merchants drive growth, today announced its support for Google’s Agent Payments Protocol (AP2), an open, payment-agnostic protocol developed with leading payments and technology companies to securely support agent-led payments across platforms.

/ai

FIS and Glia team on AI-driven digital banking

FIS (NYSE: FIS), a global leader in financial technology, today announced a strategic partnership with Glia, a leader in AI-powered banking interactions, to deliver advanced AI-powered customer engagement capabilities across FIS' Digital One suite of retail and business banking products.

/ai

Northteq launches AI-powered document management service for lenders

Northteq today announced the launch of Aurora IDP (Intelligent Document Processing), an AI-powered solution that transforms how equipment finance lenders handle one of their most time-consuming challenges - extracting and verifying data from invoices, credit applications, and supporting documents.

/ai

LemFi introduces AI-powered 'send now, pay later' service

LemFi, the leading AI-powered international payments platform dedicated to building financial products and services for immigrant communities, today announced the launch of Send Now, Pay Later (SNPL), a credit-powered remittance product that allows its 2 million+ global customers to use their LemFi credit line to send money home to their families when they need it most.

/ai

Coinflow raises $25m

Coinflow, the next-generation payment service provider (PSP), today announced a $25 million Series A funding round led by Pantera Capital, with participation from CMT Digital, Coinbase Ventures, The Fintech Fund, Jump Capital, Reciprocal Ventures, and founders & operators from more than a dozen other companies.

/ai

Nasdaq eVestment launches AI-ready data infrastructure

As financial firms face mounting pressure to navigate data complexity and accelerate AI adoption, Nasdaq eVestment today announced a major leap forward in institutional intelligence: the launch of Nasdaq eVestment AI-ready datasets and Next Best Action for Institutional Capital, enabling asset managers to activate agentic workflows directly within their own environments.

/ai

Prometeo launches agentic banking tech

Prometeo, the leading fintech infrastructure provider connecting global corporations with financial institutions across Latin America and the United States, today announced the launch of its Agentic Banking solution: a transformative infrastructure layer that enables large language models (LLMs) and other artificial intelligence agents to operate real-world financial actions autonomously.

/ai

AlphaSense launches AI-powered financial data platform

AlphaSense, the AI platform redefining market intelligence for the business and financial world, today announced the launch of Financial Data, its newest innovation that provides financial and corporate professionals with a unified view of both quantitative analysis and qualitative research insights.

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