AI in banking: data and skills gaps threaten returns
Banks are accelerating AI adoption, but weak data foundations and limited workforce reskilling could prevent financial institutions from turning widespread deployment into meaningful returns.
According...
Palma.ai raises $1.8m to govern enterprise AI agents
Palma.ai has raised $1.8m in pre-seed funding to help enterprises govern AI agents operating across their systems, with two of its investors already using...
HSBC selects Nasdaq Calypso to unify derivatives clearing
HSBC has selected Nasdaq Calypso for exchange-traded derivatives (ETD) clearing operations, expanding its use of the capital markets technology platform as financial institutions look...
Zact unveils bank-first platform for commercial banking
Zact, a commercial banking technology firm that puts banks first, has launched an expanded version of its platform.
The platform combines commercial cards, expense...
Elysian takes AI claims auditing beyond spot checks
Elysian, an AI-native third-party administrator (TPA) and claims quality platform, has launched two tools designed to give insurers broader oversight of claims handling across...
MGT enters California as insurers pull back
MGT, an AI-native neo-insurer focused on commercial property and casualty cover for small businesses, has expanded into California as traditional insurers reduce their presence...
Provident Bank takes aim at fragmented account opening
Provident Bank, a New Jersey-based lender with more than $25bn in assets, has moved its 135 branches onto MANTL for business and retail account...
mika raises €6m to make German tax advisers optional
mika, a Berlin-based vertical AI business building an alternative to the traditional tax firm, has secured €6m in seed funding to support its growth...
Alibaba Cloud bets on Europe as enterprise AI goes live
Alibaba Cloud, a cloud and AI infrastructure provider, is expanding its global data centre footprint and rolling out new AI products as financial services...
Ema secures $77m Series B to scale AI Employees
Ema, an enterprise platform that provides agentic AI Employees, has closed a $77m Series B round as it looks to take its autonomous workforce...













