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Backbase unveils AI-powered banking platform

Backbase announces a major industry shift: the launch of the world’s first AI-powered Banking Platform, following the launch of its Intelligence Fabric in September 2024.

/ai

FE Fundinfo acquires Lunar AI

FE fundinfo, a leading financial data company connecting the investment industry across the UK, Europe and Asia Pacific, today announced the acquisition of Lunar AI, an innovative UK-based AI platform company leveraging large language models (LLMs) to enhance automation and data connectivity within the investment ecosystem.

/ai

RS2 unveils AI-powered orchestration layer to modernise bank legacy systems

Global payments orchestrator and technology provider, RS2, has unveiled an AI-powered orchestration layer that provides banks with a risk-free path to modernizing legacy systems—without disrupting daily operations.

/ai

AI investment intelligence firm BridgeWise secures DIFC licence

BridgeWise, a global AI-powered investment intelligence platform, announced its official entry into the Middle East after securing an operational license from the Dubai International Financial Centre (DIFC).

/ai

Permutable launches free AI-driven pattern-spotting tool for crypto traders

Permutable AI today announced it's giving away its powerful R2 Pattern Detection tool to all cryptocurrency traders for free.

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Finhabits ships bi-lingual financial planner for novice investors

Finhabits, the leading bilingual consumer fintech platform in the U.S., launches Emma, an AI-driven financial planner designed to empower investors with 24/7, bi-lingual and culturally-nuanced financial guidance.

/ai

Norm Ai assembles an AI Agent Advisory Committee

Norm Ai, a Regulatory AI agent company, is announcing the formation of two strategic advisory bodies composed of industry leaders to guide the responsible development and deployment of AI agents in highly regulated industries.

/ai

Terra Security raises $8 million for AI-based white hacker

Terra Security, an Agentic AI-native penetration testing service-as-a-software platform, raises $8M in a seed round led by SYN Ventures and FXP Ventures with participation from Underscore VC and notable angel investors including former Google CISO Gerhard Eschelback, Ofer Ben-Noon and Ohad Bobrov, founders of Talon Security, Travis McPeak and Itamar Friedman.

/ai

CSI releases AI-powered AML compliance and fraud detection platform

CSI, a leading provider of end-to-end financial software and technology, announced the launch of its AI-powered AML compliance and fraud detection solutions: TruDetect and TruProtect.

/ai

Alipay launches payments server for AI agents

Alipay unveiled its Model Context Protocol (MCP) server for payment services this week, enabling merchants and AI developers to use natural language to access Alipay payment services through their preferred MCP clients or AI agents.

/ai

Allvue Systems unveils 'inteligent' data management system for private capital markets

Allvue Systems, LLC, a leading provider of technology solutions for investment managers, has announced the launch of the Allvue Nexius Intelligent data platform, an AI-ready, cloud-native solution designed to eliminate data silos, automate workflows, and deliver real-time insights for private capital markets.

/ai

Practifi taps AI from Zocks to improve wealth management workflows

Zocks, an innovative, privacy-first AI platform that turns client conversations into actionable data and insights, has announced a strategic partnership with Practifi, the leading CRM built for wealth management.

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