Agentic AI in finance speeds up operational automation
In finance, achieving operational automation by integrating agentic AI requires a data-centric foundation to drive real value. Financial infrastructure provider SEI has engaged IBM to modernise its internal operations via AI and automation. The joint initiative focuses on process redesign and targeted system updates to deliver consistent client experiences, building a modern and data-enabled foundation […]
The post Agentic AI in finance speeds up operational automation appeared first on AI News.
Mastercard brings agentic payments to life in Singapore with DBS and UOB
Mastercard has completed its first live, authenticated agent-based payment transaction in Singapore, a milestone that advances autonomous AI commerce from proof of concept to everyday use. Announced on March 4, 2026, the transaction was carried out in partnership with DBS and UOB, two of Southeast Asia’s largest banks. In the demonstration, an AI agent booked a ride to […]
The post Mastercard brings agentic payments to life in Singapore with DBS and UOB appeared first on AI News.
AI insurance underwriting is past the pitch deck—Gradient AI just got the capital to prove it
AI insurance underwriting has been called the next frontier of insurtech for years. The difference now is that the money backing it has moved from venture bets into institutional conviction. On March 3, Boston-based Gradient AI securedgrowth capital financing from CIBC Innovation Banking, a lender with over 25 years of experience backing growth-stage technology companies and […]
The post AI insurance underwriting is past the pitch deck—Gradient AI just got the capital to prove it appeared first on AI News.
UK sovereign AI fund to build up domestic computing infrastructure
The UK sovereign AI fund intends to secure advantages by providing a domestic alternative to external computing infrastructure. Backed by a £500 million budget from the Department for Science, Innovation and Technology, the unit formally launches on April 16th at 6pm GMT. James Wise, Partner at Balderton Capital, chairs the function to coordinate efforts across […]
The post UK sovereign AI fund to build up domestic computing infrastructure appeared first on AI News.
City Union Bank launches AI centre to support banking operations
Banks have spent years buying analytics tools and automation software. Now some are taking a different step: building internal spaces where AI can be tested directly on real banking problems. One example emerged in India this month. City Union Bank recently entered a four-party agreement to create a Centre of Excellence for Artificial Intelligence in […]
The post City Union Bank launches AI centre to support banking operations appeared first on AI News.
Scaling intelligent automation without breaking live workflows
Scaling intelligent automation without disruption demands a focus on architectural elasticity, not just deploying more bots. At the Intelligent Automation Conference, industry leaders gathered to dissect why many automation initiatives stall after pilot phases. Speaking alongside representatives from NatWest Group, Air Liquide, and AXA XL, Promise Akwaowo, Process Automation Analyst at Royal Mail, grounded the […]
The post Scaling intelligent automation without breaking live workflows appeared first on AI News.
The firm that never forgets: Rowspace launches with US$50M to make AI for private equity actually work
Private equity runs on judgment–and judgment, it turns out, is extraordinarily hard to scale. Decades of deal memos, underwriting models, partner notes, and portfolio data are scattered across systems that were never designed to communicate with each other. Every time a new deal crosses a firm’s desk, analysts start from scratch, even when the answers […]
The post The firm that never forgets: Rowspace launches with US$50M to make AI for private equity actually work appeared first on AI News.
JPMorgan expands AI investment as tech spending nears $20B
Artificial intelligence is moving from pilot projects to core business systems inside large companies. One example comes from JPMorgan Chase, where rising AI investment is helping push the bank’s technology budget toward about US$19.8 billion in 2026. The spending plan reflects a broader shift among large enterprises. AI is no longer treated as a small […]
The post JPMorgan expands AI investment as tech spending nears $20B appeared first on AI News.
AI agents prefer Bitcoin shaping new finance architecture
AI agents prefer Bitcoin for digital wealth storage, forcing finance chiefs to adapt their architecture for machine autonomy. When AI systems gain economic autonomy, their internal logic dictates how corporate capital flows. Non-partisan research by the Bitcoin Policy Institute evaluated how these frontier models would transact if operating as independent economic actors. The study tested […]
The post AI agents prefer Bitcoin shaping new finance architecture appeared first on AI News.
Physical AI adoption boosts customer service ROI
The adoption of physical AI drives ROI in frontline customer service by merging digital intelligence with human-like physical interaction. As businesses navigate shrinking labour pools, they are finding that simply automating routine workflows is no longer enough. A new partnership between KDDI and AVITA demonstrates how companies can address complex operational gaps through humanoid deployment. […]
The post Physical AI adoption boosts customer service ROI appeared first on AI News.