Two in Five Financial Services Leaders Say AI Capability Gaps Have Cost Them Business
- 9 hours 13 min ago
- Artificial Intelligence
Two in five (40%) financial services directors and C-Suite professionals say their organisation has lost a competitive bid or client opportunity partly because of AI capability concerns, according to new research from Kaplan UK - a leading provider of professional education, apprenticeship training, and enterprise upskilling. The findings suggest that capability gaps are beginning to have a direct commercial impact in a sector where AI... more
82% of UK and Ireland Finance Leaders Feel Under Pressure to Adopt AI Faster Than They Are Comfortable With
- 9 hours 25 min ago
- Artificial Intelligence
More than four in five (82%) finance leaders in the UK and Ireland say they feel under pressure to adopt AI in their finance function faster than they are currently comfortable with, according to new research from AccountsIQ.
New Research Shows How AI Will Change the Gift Card Industry
- 10 hours 2 min ago
- Artificial Intelligence
Blackhawk Network (BHN), a global branded payments leader, today released new research surveying 694 U.S. business leaders responsible for incentives, commerce and branded payments, finding that artificial intelligence could fundamentally change how consumers discover, select and purchase gift cards. The findings are pertinent as businesses prepare for a future where AI assistants will act on a shopper’s behalf.
Huntington Bank Introduces The 1866 Studio, an AI-Powered Small Business Operating System Built With Google Cloud
- 1 day 5 hours ago
- Artificial Intelligence
The Huntington National Bank today announced The 1866 Studio, a new AI-powered operating system built with Gemini platform, Google Cloud's AI platform. Named for the year Huntington was founded, The 1866 Studio honors the bank's legacy of empowering businesses by bringing together business guidance, financial intelligence, digital tools and human expertise into a single, connected experience for aspiring and existing small business owners.
Santander Builds AI Capabilities That Improve Performance and Lower Costs Using NVIDIA AI Infrastructure
- 1 day 5 hours ago
- Artificial Intelligence
Banco Santander today announced a new milestone in their artificial intelligence collaboration with NVIDIA. With support from NVIDIA, the Santander AI Lab has developed new capabilities to evaluate AI models and agents for banking applications, helping identify which model is best suited for each task and deploy it in the most efficient way.
Sumsub Expands Know Your Agent, Putting Businesses in Control of What AI Agents Can Access
- 1 day 10 hours ago
- Artificial Intelligence
Sumsub, the first AI-powered trust infrastructure for compliance operations at scale, today expanded its Know Your Agent (KYA) framework with the launch of the KYA Module for MCP. The module enables businesses to define exactly what the AI agents they build or deploy — whether in-house or on top of models such as Claude or ChatGPT — are allowed to access inside company systems.
Wells Fargo Deepens AI and Data Leadership for Consumer Banking and Lending
- 4 days 8 hours ago
- Artificial Intelligence
Wells Fargo & Company today announced that Cayetano Gea-Carrasco is joining the company as head of AI and Data for Consumer Banking and Lending. He will report to Saul Van Beurden, head of Enterprise AI and co-CEO of Consumer Banking and Lending and will be based in San Francisco.
Kinective Enhances Data Intelligence Capabilities with AI Developer Agents
- 4 days 9 hours ago
- Artificial Intelligence
Kinective, the company delivering intelligent banking to over 4,300 banks and credit unions, today launched Report Builder Agent, the first of several AI Developer Agents that help financial institutions take action on their data. Available as part of Kinective Data Intelligence, the Report Builder Agent creates dashboards and reports from plain-language prompts, enabling users to easily customize and refine outputs without specialized IT or... more
AI Rivals Human Advisers as Brits Seek Financial Help Without Judgement
- 5 days 7 hours ago
- Artificial Intelligence
Judgment, jargon, and embarrassment remain major barriers holding Brits back from taking control of their money, driving a shift towards AI assistants for money guidance. When asked who they would feel most comfortable approaching with a financial question, 18% of Brits said an AI assistant, just marginally second to a traditional financial adviser (19%), as revealed in a study commissioned by smart money app Plum.
One in Three Younger Workers Fear AI Could Soon Do Their Job Better Than Them
- 5 days 9 hours ago
- Artificial Intelligence
One in three younger UK workers (33%) worry artificial intelligence could soon do their job better than they can, according to new research from European financial technology provider, payabl. This compares with just 16% of workers aged 55 and over, revealing a generational divide in how employees view the impact of AI on their working lives. Across the workforce as a whole, more than one in four (26%) say they are worried AI will soon be able... more
Continent 8 and FuturePath AI Launch Future8 Accountable AI for Regulated Industries
- 5 days 13 hours ago
- Artificial Intelligence
Continent 8 Technologies and FuturePath AI today launched Future8, an AI-native operating company built for regulated operators, formed as a joint venture between the two companies. Announced at SBC Summit Lisbon, Future8 combines FuturePath’s enterprise AI applications platform with Continent 8’s licensed global operating footprint, enabling the iGaming industry to deploy auditable AI without compromising compliance, data sovereignty and... more
Mollie Recruits Founding Team for AI Financial Layer
- 6 days 2 hours ago
- Artificial Intelligence
Mollie today announced a new venture model to build a dedicated intelligence platform and banking layer for AI agents. The platform will give customers the ability to run their own AI agents directly against Mollie's payment and banking rails. Rather than staffing an internal product department, Mollie is actively recruiting a founding team, or considering early-stage startup acquihires, to build this platform from the ground up.
PayJoy to Acquire Strategic Assets of Finia AI, Advancing AI Underwriting and Financial Product Innovation
- 6 days 8 hours ago
- Artificial Intelligence
PayJoy, a leading financial services provider for underserved consumers across emerging markets, today announced the acquisition of select strategic assets of Finia AI, Inc., a fintech company that developed AI-powered underwriting and financial products for micro-businesses in Mexico.
DBS Group Research: The Next AI Race Moves Beyond Intelligence to Outcomes
- 6 days 8 hours ago
- Artificial Intelligence
Artificial intelligence is becoming more capable, more accessible and more widely deployed. In a new report “Intentional AI: Connecting Intelligence, Capital and Outcomes”, DBS Group Research argues that as AI capabilities become more widely available, access to intelligence alone will become a less durable source of competitive advantage.
PEX Launches AI Built to Earn Finance Teams' Trust, One Workflow at a Time
- 6 days 9 hours ago
- Artificial Intelligence
PEX, a leading corporate card and spend management platform, today launched PEX AI, a set of capabilities that automates everyday finance work, runs multi-step workflows and connects PEX to AI assistants such as Claude and ChatGPT. Built around a crawl, walk, run approach, PEX AI gives teams a way to hand off more work as trust grows while staying in control.
