Category : Artificial Intelligence

Artificial Intelligence Finance Fintech News Risk Management

ZestyAI Secures $15M Credit Facility from CIBC Innovation Banking to Support Strategic Growth

PR Newswire
by PR Newswire0
Facility reinforces ZestyAI’s financial strength and supports the expansion of its AI-driven risk analytics platform ZestyAI, the leading provider of AI-driven risk analytics for the property and casualty insurance industry, today announced it has secured a $15 million credit facility from CIBC Innovation Banking. The facility enhances ZestyAI’s financial flexibility and reinforces its......
Artificial Intelligence Finance Fintech News

Algebrik AI and SentiLink Partner to Strengthen Fraud Detection in AI-Powered Loan Origination

PR Newswire
by PR Newswire0
Algebrik AI Inc., a Delaware-incorporated company headquartered in New York City and pioneering the world’s first cloud-native, AI-powered, digital-era Loan Origination Platform (LOS), announced a strategic partnership with SentiLink, a leading provider of identity verification and fraud detection solutions. This collaboration aims to enhance fraud prevention capabilities within Algebrik’s LOS, providing credit unions and community lenders......
Artificial Intelligence Finance Fintech News

SAP Fioneer launches AI Agent to transform financial services operations

PR Newswire
by PR Newswire0
SAP Fioneer, a leading global provider of financial services software solutions and platforms, today announced the launch of its AI Agent: an expert-built solution designed to intelligently enhance core operations of financial services institutions. The first release of the Fioneer AI Agent lays the foundation for banks and insurers to automate processes, gain......
Artificial Intelligence Fintech News

Martini Market Set To Integrate AI to Redefine Prediction Markets on XRP Ledger

GlobeNewswire
by GlobeNewswire0
Martini Market, the first decentralized prediction market built on the XRP Ledger is accelerating into its next phase with over 40% of its $MRT presale softcap filled. But beyond the presale buzz, a major innovation is taking shape: AI-powered prediction infrastructure. As the $MRT presale continues to draw investors, Martini Market is......
Artificial Intelligence Finance Fintech News

Hebbia Acquires FlashDocs to Extend AI Workflow Automation

Business Wire
by Business Wire0
Hebbia, the AI platform for finance, announced its acquisition of FlashDocs, a leader in generative AI slide deck creation. The acquisition expands Hebbia’s platform beyond information retrieval and agentic workflows into content generation, reinforcing the company’s commitment to streamlining financial workflows end-to-end. Founded in 2024 by co-founders Morten Bruun and......
Artificial Intelligence Fintech News

Haptiq Launches Game-Changing AI Platform to Future-Proof Private Equity Portfolios Through Market Cycles

Business Wire
by Business Wire0
Built for the private equity firms shaping the future, Haptiq delivers the speed, clarity, and execution edge today’s market demands As economic volatility continues to test the limits of traditional investment strategies, private equity firms face longer holding periods and mounting pressure to deliver value creation beyond financial engineering with......
Artificial Intelligence Finance Fintech News

I&M Bank Partners with ThetaRay to Deploy Full Cognitive AI Financial Crime Compliance Platform Across East Africa

Business Wire
by Business Wire0
In a comprehensive regional rollout, ThetaRay’s end-to-end AML platform will be deployed across I&M Group, integrating screening, transaction monitoring, investigations, and reporting to enhance financial crime detection and regulatory readiness ThetaRay, a global leader in Cognitive AI financial crime compliance, today announced a landmark partnership with I&M Group PLC, a leading......
Analytics Artificial Intelligence News

New Smarsh UK Survey Shows AI Adoption Surges in Financial Services—But Employees Demand Stronger Guardrails

Business Wire
by Business Wire0
Over a third of UK employees use AI tools often for work, however, nearly 70% would feel more confident if all AI outputs were captured and monitored for transparency Smarsh, the global leader in communications data and intelligence, reveals new research that highlights UK financial services employees’ perspectives on artificial......
Artificial Intelligence News Risk Management

RepRisk Boosts Agentic AI Delivery to Power Data Integration

PR Newswire
by PR Newswire0
RepRisk adds 30 new team members to further innovate agentic AI delivery and data integration, building on two decades of AI innovation and human-labeled data RepRisk, the world’s most respected DaaS company for reputational risks and responsible business conduct, announced its plans to hire 30 full-time employees to build out......
Artificial Intelligence Finance Fintech InsurTech News Robotic Process Automation

MetLife Partners with Sprout.ai to Accelerate Claims Automation Across Global Markets

Business Wire
by Business Wire0
Sprout.ai, an insurance automation specialist, today announced it has partnered with MetLife, a leading global insurer, to drive claims automation and deliver improved claims experiences. The collaboration, which spans multiple territories across the US, Asia and LATAM regions, is aimed at improving accuracy, speed and the overall customer experience. Sprout.ai’s purpose-built......
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