Finance

Auto Added by WPeMatico

Visa prepares payment systems for AI agent-initiated transactions

Payments rely on a simple model: a person decides to buy something, and a bank or card network processes the transaction. That model is starting to change as Visa tests how AI agents can initiate payments. New work in the banking sector suggests that, in some cases, software agents may soon take on that role. […]

Visa prepares payment systems for AI agent-initiated transactions Read More »

E.SUN Bank and IBM build AI governance framework for banking

E.SUN Bank is working with IBM to build clearer AI governance rules for how artificial intelligence can be used inside a bank. The effort reflects a wider shift in finance. Many firms already use AI for fraud checks and credit scoring, and some also use it to handle customer service queries. The new challenge is

E.SUN Bank and IBM build AI governance framework for banking Read More »

Manulife moves AI agents into core financial workflows

Large financial firms have spent years testing artificial intelligence in small projects, often limited to data analysis or customer support tools. The next phase appears to involve something more operational: systems that can take action in business workflows. Canadian insurer Manulife is moving in that direction as it works to deploy agent-based AI systems inside

Manulife moves AI agents into core financial workflows Read More »

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

Agentic AI in finance speeds up operational automation Read More »

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

City Union Bank launches AI centre to support banking operations Read More »

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

JPMorgan expands AI investment as tech spending nears $20B Read More »

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

AI agents prefer Bitcoin shaping new finance architecture Read More »

Santander and Mastercard run Europe’s first AI-executed payment pilot

An artificial intelligence system has, for the first time in Europe, completed a payment inside a live banking network without a human entering the final command. Banco Santander and Mastercard confirmed that they had executed a live end-to-end payment initiated and completed by an AI agent, a software system operating within the bank’s own regulated

Santander and Mastercard run Europe’s first AI-executed payment pilot Read More »

AI adoption in financial services has hit a point of no return

AI adoption in financial services has effectively become universal–and the institutions still treating it as an experiment are now the outliers. According to Finastra’s Financial Services State of the Nation 2026 report, which surveyed 1,509 senior executives across 11 markets, only 2% of financial institutions globally report no use of AI whatsoever.  The debate is

AI adoption in financial services has hit a point of no return Read More »

Upgrading agentic AI for finance workflows

Improving trust in agentic AI for finance workflows remains a major priority for technology leaders today. Over the past two years, enterprises have rushed to put automated agents into real workflows, spanning customer support and back-office operations. These tools excel at retrieving information, yet they often struggle to provide consistent and explainable reasoning during multi-step

Upgrading agentic AI for finance workflows Read More »