Banking & Finance

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

Latest in Banking & Finance

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nCino unveils transformative AI-powered banking solutions at nSight 2025

nCino unveils transformative AI-powered banking solutions at nSight 2025 Expanded Banking Advisor to broader credit monitoring, quick quotes, onboarding,

by Nicholas Lipinski
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Capgemini launches Gen AI and agentic AI offering for mainframe modernisation

Capgemini launched automated mainframe application refactoring powered by generative and agentic AI (COBOL and related databases/files)

by AI-360
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Bestow raises US$120m Series D led by Goldman Sachs and Smith Point Capital

Bestow raised a US$120 million Series D led by Goldman Sachs and Smith Point Capital to expand life and annuity carrier infrastructure.

by AI-360
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PSC Insurance Group automates 95% of invoices with Affinda and Sage X3

PSC Insurance Group's accounts-payable team automated invoicing with Affinda IDP integrated to Sage X3, processing 95% of invoices without human intervention.

by AI-360
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Feedzai Research publishes OpenL2D: a Breakthrough Human-AI Collaboration Framework, Accessible to All Tech Teams

New York, NY and Lisbon, Portugal | May 13, 2025 — Feedzai, a global leader in fraud and financial crime prevention, AI-powered risk management for…

by Nicholas Lipinski
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BioCatch announces partnership with Alloy for behaviour-based account-opening protection

BioCatch announces partnership with Alloy for behaviour-based account-opening protection, the company said on 13 May 2025.

by Nicholas Lipinski
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Addepar raises US$230m Series G at US$3.25bn valuation

Addepar raised US$230 million in Series G funding at a US$3.25 billion valuation for wealth and investment technology.

by AI-360
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Danamon partners with 6Estates to enhance credit processing with AI

6Estates and Bank Danamon announced a May 2025 partnership to apply AI to Danamon lending document workflows and statement analysis.

by Nicholas Lipinski
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bolttech and Sumitomo Corporation form Asia JV for embedded device lifecycle solutions

bolttech and Sumitomo Corporation announced a joint venture to deliver technology-enabled embedded solutions to distribution partners across Asia

by AI-360
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Sunlight Simplify and AndDone partner on MPL policy admin and insurance payments

Sunlight Simplify and AndDone, the IPFS-owned insurance payments platform, partnered to unify MPL policy administration with hosted and embedded payments.

by AI-360
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Ant International partners with Barclays on AI-powered FX treasury (TST model)

Ant International and Barclays partnered to apply Ant’s Time-Series Transformer (TST) AI FX Model to global treasury/FX hedging

by AI-360
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11x launches Julian inbound AI sales agent

11x.ai said on 7 May 2025 that it had launched Julian, an inbound AI sales agent for fast follow-up and qualification.

by AI-360
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More than 50% of Fraud Driven by AI and Hyper-Realistic Impersonations, but Banks also use Generative AI to Fight Back

AI Fraud Trends 2025: Banks Fight Back | Feedzai AI Fraud Trends 2025: Banks Fight Back | Feedzai New York, NY / Lisbon, Portugal (May 6, 2025) — Feedzai,…

by Nicholas Lipinski
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AgentSync unveils Contracting for end-to-end agent onboarding automation

AgentSync launched Contracting to automate the contracting stage of insurance agent onboarding for carriers, MGAs, FMOs and agencies.

by AI-360
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UOB and Accenture sign three-year MoU on GenAI and agentic AI

Singapore's UOB will use Accenture's AI Refinery and LearnVantage under a three-year MoU covering generative and agentic AI across the bank.

by AI-360
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