Financial Services & Fintech

Indico Data Launches First Agentic Decisioning Platform to Transform Underwriting and Claims in Insurance

Indico Data, The Decision Automation Company™, announced the launch of the insurance industry's first Agentic Decisioning Platform, a purpose-built suite of AI Agents & Agentic Solutions that redefine how insurers handle underwriting and claims decisioning. The platform includes Agent Studio, Agent Builder, and Agent Workflow Canvas—a complete agentic AI ecosystem designed

Infosys BPM Launches Agentic AI for Autonomous Invoice Processing in Partnership with Microsoft and Americana Restaurants

Infosys BPM, the business process management arm of Infosys (NSE: INFY) (BSE: INFY) (NYSE: INFY), announced the launch of AI agents for invoice processing within its flagship Infosys Accounts Payable on Cloud solution. Powered by Infosys Topaz, the innovation redefines invoice processing by moving from a human-driven, AI-supported model to an autonomous AI-first approach, which e

AI-Native ERP Platform Rillet Raises $25M Series A Led by Sequoia to Reinvent Accounting for the AI Age

Rillet, the AI-native ERP (enterprise resource planning) platform, announced $25M in Series A funding led by Sequoia Capital. This round, which comes 10 months after Rillet's last fundraise, includes existing investors First Round Capital, Creandum, Susa Ventures and top angels, such as former NetSuite CFO, Ron Gill and Lee Kirkpatrick, former Twilio CFO. Many a

AI-Powered Smart Water Pioneer Phyn Acquired by Investor Group Led by Jonathan Scott to Usher in New Era of Intelligent Home Protection

Phyn, the industry leader in intelligent water solutions, has been acquired by a powerhouse group of investors led by entrepreneur and television personality Jonathan Scott. This strategic acquisition transitions Phyn from Belkin's ownership to a newly independent company backed by a high-profile group of investors with deep experience in technology, real estate and entertainment united in the

Azentio Launches Next-Gen AI-Powered Amlock Platform to Reinvent AML Compliance for Financial Institutions

Azentio Software, a leading technology enabler in the BFSI space, announces the launch of its next-generation Amlock anti-money laundering (AML) platform, bringing powerful new capabilities to financial institutions in the fight against financial crime. Powered by advanced AI and machine learning, Amlock is designed to significantly improve detection accuracy, reduce operational workload, and en

Saifr expands Microsoft partnership with compliance AI agent for Azure AI Foundry targeting financial services

Saifr®, a leading AI technology company incubated within Fidelity Labs, announced an expansion of its integration with Microsoft bringing a Saifr compliance AI agent to Microsoft Azure AI Foundry. This marks the next step in Saifr's mission to meet clients where they work, after Saifr AI models were added to the Microsoft Azure AI Foundry model cataloglast year. Now Microsoft customers can b

CrediLinq Secures $8.5M Series A to Expand AI-Powered Embedded Finance Platform Across US, UK, and Australia

The round was led by OM/VC (formerly Vectr Fintech) and MS&AD Ventures. New investors include Citi North America and Rustem Family office. Returning investors include 500 Global, Epic Angels, 1982 VC, and Big Sky Capital. CrediLinq operates in the embedded finance sector, enabling B2B platforms to offer financing solutions. Its AI-powered technology infrastructure integrates into online p

Fintica AI and Mima Wallet Launch Joint Venture to Drive AI-Powered Crypto Innovation in Greater China

Fintica AI Ltd, a pioneer in next-generation artificial intelligence technologies for capital markets, and Mima Wallet, a Hong Kong-based firm specializing in secure crypto wallet infrastructure with a strategic focus on Mainland China and the Greater China region, today announced a strategic partnership and the launch of their joint venture: Fintica Crypto Ltd. This collaboration marks a pivot

Broadridge Secures U.S. Patent for LLM-Powered BondGPT Platform, Advancing AI in Fixed Income Trading

Broadridge Financial Solutions Inc. (NYSE:BR) has been awarded a new U.S. patent on its large language model (LLM) orchestration of machine learning agents. These patented methods and systems are behind BondGPT, Broadridge's award-winning GenAI application first demonstrated in the market in the LTX e-trading platform, a Broadridge subsidiary. BondGPT was released in June 2023, followe

Stash Raises $146M Series H to Scale AI-Powered Financial Guidance for Everyday Americans

Stash, the revolutionary platform helping millions build financial futures, announced today that it has secured $146 million in an oversubscribed new Series H funding through a round led by Goodwater Capital, with participation from returning investors Union Square Ventures, StepStone Group, Serengeti, and the University of Illinois Foundation, as well as funds and accounts advised by T. Rowe Pr

EY Launches AI-Powered Integrated Finance Managed Services with SAP to Accelerate Enterprise Transformation

Accesses deep domain experience and capabilities from EY to help transform critical functions across the entire enterprise. Delivers an EY managed service solution embedded with AI capabilities, as well as advanced cloud technology from SAP, to provide a state-of-the-art data infrastructure. Equips high-growth businesses with the freedom to focus on confident compliance a

CredCore Joins FactSet AI Partner Program to Transform Enterprise Credit Markets with Integrated Debt Capital Structure Data

CredCore, a vertical-AI company transforming the debt capital markets, is now part of FactSet's AI Partner Program and will begin to integrate FactSet's trusted Debt Capital Structure (DCS) DataFeed into CredCore's AI platform. This collaboration aims to integrate CredCore's domain-specific AI solutions with FactSet's comprehensive financial data, enhancing efficiency and innovation in the $5 t

Vanguard Launches Generative AI Tool to Help Financial Advisors Personalize Client Communications

Vanguard launched its first client-facing Generative AI (GenAI) capability that equips financial advisors with efficient and personalized content for client communications. Vanguard's Client-Ready Article Summaries produce customizable synopses of its top-read market perspectives tailored by financial acumen, investing life stage, and tone. It also generates the necessary disclosures to accompan

AI-Native ITFM Platform YäRKEN Secures Funding Led by 1982 Ventures to Accelerate North American Expansion

YäRKEN, the first AI native IT Financial Management (ITFM) platform for enterprise clients has announced a fundraising round led by 1982 Ventures. This funding will enable YäRKEN to further develop its AI capabilities and scale its customer base across North America. The ITFM market is projected to grow at 12.7% per annum and hit US$14 billion (according to Business Research Insights,

Klear.ai Partners with APRA to Modernize Claims Operations Across Alaska’s Public Risk Pools

Klear.ai, the leader in intelligence–powered claims and risk solutions, is supporting the Alaska Public Risk Alliance (APRA) as it embarks on a bold initiative to modernize and unify claims operations across its soon-to-be consolidated public risk pools—formerly AMLJIA and APEI. With claims operations currently divided between two legacy systems—Claim Pilot a

IBM and EY Expand AI Alliance with Launch of EY.ai for Tax Built on IBM watsonx

- IBM and the EY organization continue to build upon their multiyear alliance, announcing the availability of EY.ai for tax, built with IBM watsonx. The alliance couples watsonx, IBM's portfolio of artificial intelligence (AI) technologies, with the EY organization's deep domain experience to address the largest challenges facing tax departments. EY.ai for tax, built with IBM watsonx, is&

KnowDis AI's 2025 Roadmap: Building Deep Tech for India Across Languages, E-Commerce, and Healthcare

As artificial intelligence rapidly transforms global industries, India’s KnowDis AI is charting a distinct path by fusing foundational research with real-world applications tailored to the country's needs. In this exclusive interview with AI Reporter Asia (AI Reporter America), Neeta Singal, Partner and Co-Founder of KnowDis AI, outlines the company’s ambitious 2025 inn

Huspy Launches GCC’s First AI Mortgage Chatbot on WhatsApp, Reinventing Home Financing in the UAE

Huspy (www.huspy.com), the UAE's leading homebuying technology platform headquarteredin Dubai, has launched the GCC's first AI-powered mortgage chatbot on WhatsApp at the Dubai AI Retreat, as part of Dubai AI Week 2025. Huspy's AI-powered chatbot was unveiled by Founder & CEO, Jad Antoun, in the presence of UAE government leaders and business executives.

Qubrid AI Advances Enterprise AI with Launch of GPU Cloud Platform V3 and Upcoming Agentic Workbench

Qubrid AI, a leader in enterprise AI solutions, announced a major update to its AI GPU Cloud Platform (V3), along with a robust roadmap featuring App Studio and the forthcoming Agentic Workbench - a transformative toolkit designed to simplify the creation and management of intelligent AI agents. These updates reinforce Qubrid AI's mission to democratize AI by enabling faster, smarter, and

1Fort Raises $7.5M to Supercharge Business Insurance with AI-Powered Broker Tools

1Fort, the AI platform for business insurance, announced it has raised $7.5 million in an oversubscribed funding round led by Bonfire Ventures. The round also included Draper Associates (Tim Draper); Karim Atiyeh, the founder of Ramp; and participation from all existing VCs: Village Global, Operator Partners, 8-Bit Capital, Character VC and Company Ventures. This latest round brings

OpenGov Launches New AI-Powered Applications to Modernize Grants, Infrastructure, and Disaster Response for State and Local Governments

OpenGov, the leading provider of AI-enabled software for local and state governments, unveiled three new applications to streamline complex processes, improve financial oversight, achieve transparency, and ensure regulatory compliance at every level of government. The solutions are: Grants Management, Infrastructure Fund & Loan Management, and Disaster Preparedness & Recovery. "Fo

CleverTap Acquires Y Combinator-Backed rehook.ai to Supercharge Personalized Promotions and Retention

- CleverTap, the all-in-one engagement and retention platform, announced the acquisition of rehook.ai, a Y Combinator-backed startup. rehook.ai offers a promotions automation solution, empowering businesses to manage coupons, discounts, gamification, loyalty programs, and referral initiatives. This acquisition strengthens CleverTap's complete suite for customer retention, merging analytics