Banking & Finance

AI news and analysis for banks, payments, lending, wealth management and capital markets.

Latest in Banking & Finance

UK financial firms adopt AI agents widely, but keep most decisions with people
UK financial firms adopt AI agents widely, but keep most decisions with people

A Bank of England and FCA survey finds that 80% of respondents have agents in production, while only 2% report broadly autonomous deployments.

by AI-360
Abstract technology and business image
Quantexa selected by the Insolvency Service to build a sovereign data and AI foundation to fight economic crime

3 Min Quantexa Joins United Nations Global Compact, Reinforcing Commitment to Human Rights, Fair Labor, the Environment and Anti-Corruption Quantexa joins…

by Nicholas Lipinski
Sutherland and FlowX target governed agents in banking and insurance
Sutherland and FlowX target governed agents in banking and insurance

A new partnership plans to put AI agents into regulated workflows from onboarding and lending to insurance claims, with human approval and audit evidence built into operations.

by AI-360
World takes proof of human into banking and finance
World takes proof of human into banking and finance

A new suite combines human verification, presence checks and attribute proofs, while its agent developer tools remain in beta.

by AI-360
FCA turns AI oversight into practical tests for financial firms
FCA turns AI oversight into practical tests for financial firms

New examples of good and poor practice put consumer outcomes, accountable ownership and resilience at the centre of AI deployment.

by AI-360
Padlock resting on a laptop keyboard
Metro Finance scales settlements with Affinda Extract document automation

Metro Finance deployed Affinda Extract for settlement document automation, processing 3,700-plus deals with 97.5% passing validation.

by AI-360
FIS opens its AML agent to US banks with analyst approval retained
FIS opens its AML agent to US banks with analyst approval retained

The financial technology company says its investigation agent is commercially available, while prominent time savings remain projections from a design partner.

by AI-360
Hong Kong puts agent accountability into its banking AI framework
Hong Kong puts agent accountability into its banking AI framework

The HKMA is exploring a register of material AI agents and intervention mechanisms as banking systems gain greater autonomy.

by AI-360
Abstract technology and business image
Quantexa Joins United Nations Global Compact, Reinforcing Commitment to Human Rights, Fair Labor, the Environment and An

2 Min Quantexa selected by the Insolvency Service to build a sovereign data and AI foundation to fight economic crime Quantexa's three-year,…

by Nicholas Lipinski
CoreWeave financing shows why AI capacity risk cannot stay in the technology budget
CoreWeave financing shows why AI capacity risk cannot stay in the technology budget

CoreWeave’s customer concentration and debt-funded expansion give bank boards a live case for combining credit, provider, market and operational AI risk.

by AI-360
Bank of England makes recoverability the hard edge of AI cyber resilience
Bank of England makes recoverability the hard edge of AI cyber resilience

The Bank of England’s bare-metal recovery focus moves AI cyber resilience beyond prevention and asks whether critical banking services can be rebuilt from trusted components.

by AI-360
FSB gives bank boards a practical AI governance test
FSB gives bank boards a practical AI governance test

The Financial Stability Board has finalised 12 sound practices for responsible AI adoption, shifting the bank governance debate from principle to evidence.

by AI-360
Bank of America penalty turns data governance into an AML control failure
Bank of America penalty turns data governance into an AML control failure

US authorities imposed more than $1.21 billion in penalties after identifying transaction-monitoring, escalation, due-diligence and sanctions weaknesses, including failures involving the data used by the AML programme.

by AI-360
Laptop, notebook and coffee on a wooden workspace
Trulioo launches Business Risk Horizon for explainable, agentic business risk scoring

Trulioo said Business Risk Horizon scores business customers with ownership tracing and plain-English explanations for access decisions.

by AI-360
Laptop on desk
Chargebacks911 appoints Brad Wiskirchen CCO; Fi911 CEO

Brad Wiskirchen (Founding CEO of Kount; later GM Equifax Digital Solutions; CVC Capital industrial partner) appointed Chief Commercial Officer of Chargebacks911 and CEO of…

by AI-360
Your link has expired. Please request a new one.
Your link has expired. Please request a new one.
Your link has expired. Please request a new one.
Great! You've successfully signed up.
Great! You've successfully signed up.
Welcome back! You've successfully signed in.
Success! You now have access to additional content.