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Latest Results from /ai

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Two-thirds of bank staff using unapproved AI tools - survey

The prevalence of shadow AI, whereby bank staff are using unapproved tech, poses a growing risk to the financial services industry, suggests recently published research.

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OpenAI acquires AI-powered personal investing app

OpenAI has acquired AI-powered personal finance app Roi in a deal that secures the services of the latter's CEO Sujith Vishwajith.

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Moody’s warns slow AI adoption could erode margins and market share

Artificial intelligence is no longer just a technology; it’s a credit risk. That’s the message from Moody’s Ratings in its latest update to the AI Corporate Heatmap, which assesses the impact of AI advances on corporate creditworthiness through 2030.

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Feedzai hits $2bn valuation

AI-based financial crime detection platform Feedzai has hit a $2 billion valuation off the back of a $75 million funding round.

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Sibos 2025: BBH’s Adrian Whelan on overcoming obstacles in ESG and DEI policy

At Sibos 2025 in Frankfurt, Finextra spoke to Adrian Whelan, global head of market intelligence at Brown Brothers Harriman (BBH), on data scarcity, environmental, social, and governance (ESG) investing, how the industry is handling diversity and inclusion in the current political landscape.

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Wealth app Chip scores £6m investment from Channel 4 VC arm

Chip has secured its first institutional investment, with the venture capital unit of UK TV station Channel 4 pumping £6 million into the digital wealth app at a £208 million valuation.

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Sibos 2025: DeFi expected to take over financial ecosystem

In the rapidly developing financial universe, there are certain buzzwords that have been reappearing throughout discussions: blockchain, stablecoins, and tokenisation. While cryptocurrencies are not new, these new developments in decentralised finance (DeFi) are taking the financial sector by storm.

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ECB turns to AI startup for fraud detection for digital euro

The European Central Bank (ECB) has selected Portugal-based startup Feedzai to provide fraud detection and prevention for its digital euro.

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Proptech firm Baselane raises $34m in funding

Baselane, a fintech platform designed for real estate investors, is set to expand its operations after securing $34m in funding.

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BBVA lets customers use Apple AI to create their own card designs

BBVA and Visa are letting customers use their iPhones' AI-powered Image Playground feature to personalise their payment cards.

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Sibos 2025: Cybersecurity, AI and quantum dominate industry panel

At Sibos 2025 in Frankfurt, experts spanning multinational banks and fintechs explored the emergence of sophisticated cyberthreats. Bad actors are utilising AI, quantum, and machine learning to level up their attacks, but can financial institutions fight fire with fire? The panel ‘Navigating the intersection of technology and financial security’ explored how disruptive technologies will impact the fraud landscape.

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PayOS and Mastercard complete milestone agentic payment transaction

PayOS and Mastercard have completed an autonomos agentic payment transaction using a Mastercard Agentic Token.