AI & Finance™ | News for the Week Ending 6/6/25

MGX, BlackRock, Global Infrastructure Partners (GIP), a part of BlackRock, and Microsoft today announced that the Kuwait Investment Authority (KIA) will join the AI Infrastructure Partnership (AIP). This addition further reinforces AIP’s global reach and strategic impact as it accelerates investment in next-generation AI infrastructure. KIA’s participation underscores the partnership between leading regional and global institutions in advancing the infrastructure and innovation needed to power the future of artificial intelligence. 

KIA is the first non-founder financial anchor investor to join AIP. With decades of deep investment experience, KIA is well positioned to support AIP’s growth and help execute its global strategy. 

Established in September 2024 by BlackRock, Global Infrastructure Partners (GIP), MGX, and Microsoft, AIP was created to help mobilize $30 billion of equity capital from investors, asset owners, and corporations, with the potential to reach up to $100 billion when including debt financing. Over the past year, it has become one of the world’s leading AI infrastructure platforms with the addition of technology partners NVIDIA, xAI, and Cisco, along with agreements with GE Vernova and NextEra Energy to help accelerate the scaling of energy solutions for AI data centers. 

Arch Mortgage Insurance Company (Arch MI), a leading provider of mortgage insurance (MI), today announced a strategic integration with Wilqo, to embed insurance rate quote capabilities into their Charlie platform such that lenders can now seamlessly access Arch MI RateStar® pricing during the traditional mortgage lending process. 

Arch Reinsurance Group (Arch Re) today announced that William Soares has been promoted to President of Arch Reinsurance Ltd. (Arch Re Ltd.), Pierre Jal has been named President of Arch Reinsurance Europe Underwriting dac (Arch Re Europe) and David Seyller elevated to Chief Underwriting Officer of Arch Re Europe, all effective immediately. 

As President of Arch Re Ltd., Soares will add to his current underwriting duties functional responsibility for operational departments such as finance and legal. Soares is a long-standing leader within the company, and he has taken on roles of increasing responsibility since he joined Arch Re Ltd. in 2006. 

As President of Arch Re Europe, Jal will oversee the underwriting mandate and strategy of the company, as well as the reinsurance lines of Arch Syndicate 1955 at Lloyd’s. Jal started with Arch Re Europe in 2007 as an Underwriter/Actuary and has held senior underwriting roles at both Arch Re Europe and Arch Re Ltd. 

BankRadar, a performance analytics and incremental growth advisory firm, has announced a strategic partnership with Delfi to bring Delfi’s powerful real-time risk simulation tools to a broader network of banks, credit unions and investor groups. This collaboration will empower financial institutions to dramatically reduce risk and make more informed decisions regarding Asset-Liability Management (ALM). 

The announcement follows Delfi’s debut at the 2024 Finovate Fall Conference, where Delfi was awarded “Best Of Show” for solving the need for proactively managing asset and liability portfolios. The Delfi platform transforms traditional ALM processes by allowing financial institutions to instantly simulate the before-and-after effects of balance sheet decisions using their own key performance indicators, offering actionable insights that eliminate the delays, inefficiencies and high costs associated with conventional methods. 

By integrating Delfi into its advisory ecosystem, BankRadar is ensuring that institutions of all sizes have access to technology that was once reserved for large, resource-rich banks. Banks and credit unions implementing Delfi’s secure platform can eliminate hundreds of hours of manual data analysis and shift to proactive risk and portfolio management, ultimately delivering smarter, faster, and more confident financial decisions. 

BDO Norway, a leading audit and advisory firm, today announced a strategic partnership with MindBridge, the leader in AI-powered financial decision intelligence. This collaboration will result in MindBridge’s artificial intelligence (AI) technology deployed to enhance BDO Norway’s audit capabilities, marking a bold step in BDO Norway’s commitment to innovation and digitalization. The partnership is part of BDO Norway’s strategic focus on technology and provides them with the tools to thrive in an increasingly data-driven world. 

Through this partnership, BDO Norway is embracing a more data-driven, risk-based approach to audits. By integrating MindBridge’s AI-powered insights, BDO Norway’s auditors will gain deeper visibility into client data while reducing reliance on manual sampling processes. This is a game-changer for the industry, enabling BDO Norway to provide more precise, actionable insights, freeing up time to focus on a more strategic advisory role with clients. 

This collaboration cements BDO Norway’s position as a digital transformation leader, empowering them to meet evolving client needs and stay at the forefront of innovation. 

We are thrilled to announce that Blend has earned the AWS Financial Services Competency badge a prestigious recognition that validates our deep expertise and proven success in delivering innovative, secure, and scalable solutions for the financial services industry.  

This achievement highlights our ability to help banks, insurers, Fintech’s, and capital markets clients accelerate their digital transformation and AI adoption on AWS. The AWS Financial Services Competency demonstrates that Blend has the technical expertise and customer success to support financial services companies in their cloud journey while meeting regulatory and compliance requirements.  

Fannie Mae (OTCQB: FNMA) announced the launch today of its AI-powered Crime Detection Unit in partnership with leading AI software company Palantir. The new partnership will expand Fannie Mae’s fraud detection capabilities with leading AI-enabled financial crimes data science and investigations technology. This foundation will power Fannie Mae’s Crime Detection Unit, a new platform that the company believes will help detect and prevent mortgage fraud with speed and precision never before seen in the U.S. housing market. Fannie Mae’s Crime Detection Unit’s capabilities will save the U.S. housing market millions in future fraud losses. 

Palantir designs and deploys artificial intelligence and machine learning technology used by government agencies and commercial clients. The company’s technology provides expansive monitoring for anomalous transactions, activities, and behaviors to help companies detect suspicious activity and trigger investigative action. 

Fannie Mae has more than $4.3 trillion in assets and plays a foundational role in the U.S. housing market. The company is the largest holder of residential mortgage debt outstanding in the country, owning or guaranteeing an estimated one in four single-family mortgages and 20 percent of multifamily mortgages in the U.S. 

Fin Capital, a global asset manager specializing in B2B Fintech Software, and Blend360, a leading provider of AI talent, data science solutions, and digital transformation services, today announced a strategic partnership to support corporate innovation teams as they invest in and build new AI-powered ventures. 

Corporations are increasingly seeking agile, tech-forward partners to help navigate emerging technologies like Generative AI, embedded finance, and data-native products. This collaboration brings together Fin Capital’s proven expertise in full lifecycle Fintech investing, strategic corporate venture advisory, and its proprietary Lighthouse Platform—a AI-driven portfolio management solution—with Blend’s AI-focused talent network, product development teams, and data-driven consulting services designed to accelerate enterprise innovation. 

Intuit Inc. (Nasdaq: INTU), the global financial technology platform that makes Intuit TurboTax, Credit Karma, QuickBooks, and Mailchimp, has supercharged its proprietary Generative AI Operating System (GenOS) with major enhancements to drive development velocity at scale across the company’s platform. This will accelerate Intuit’s ability to deliver done-for-you agentic AI experiences for its connected products and services—with a seamless path to trusted live human experts—to solve its customers’ most important financial problems and drive durable growth. 

Intuit’s investments in a robust GenOS over the past three years have enabled the company to fuel innovation with unparalleled speed for its approximately 100 million consumer and small and mid-market business customers—not only keeping pace with rapid technological industry advances but setting the pace—by melding the best of artificial intelligence and human intelligence on its platform. 

For example, agentic AI built with GenOS is doing the hard work on behalf of business owners by automatically processing accounts receivable and accounts payable with QuickBooks Online. AI agents have also been deployed to automate conversion of U.S. and state tax code updates into TurboTax for tax year 2025. The latest tax laws for individual and business filers will then be reviewed by Intuit developers and human experts (tax and bookkeeping) in preparation for the upcoming tax season in 2026. 

JLL (NYSE: JLL) today announced JLL Property Assistant, the artificial intelligence (AI) assistant designed for real estate owners spanning retail, industrial and office properties. Leveraging the power of JLL Falcon, the industry’s first comprehensive AI platform, JLL Property Assistant offers actionable insights and AI-derived recommendations to optimize property performance. 

JLL Property Assistant is designed to deliver AI-powered recommendations for how property teams can improve performance in areas ranging from operations to tenant sentiment. The tool works with Acumen, JLL’s property and business intelligence platform that integrates data from key systems, including financial data from accounting applications like Yardi and MRI, operational data from Prism by Building Engines, and other critical proptech functions. 

Through a natural language chat interface, property and asset managers can ask freeform questions about their buildings, such as, “Which retail assets have the highest vacancy risks in Q3?” or “What does our net operating income (NOI) look like year-to-date?” The AI solution quickly delivers answers, drawing information from JLL’s enterprise data warehouse. 

Mintel, the global leader in market intelligence, today announced the acquisition of Black Swan Data, an AI-native company specializing in analyzing and predicting trends from social media. 

The ambitious partnership brings together two market leaders united by the ambition to revolutionize predictive intelligence and reshape the future of insights. Combining Mintel’s deep consumer, product, and category expertise with Black Swan’s real-time social predictive analytics gives CPG brands a clearer, more dynamic understanding of what’s emerging and why it matters. The combined datasets enable expanded predictive capabilities, accelerate innovation timelines, and allow clients to forecast trends with greater accuracy and confidence. 

Mintel and Black Swan Data are already demonstrating the power of their combined capabilities through recent consulting engagements, enabling clients like Pepsi Co. to navigate front-end innovation with greater precision and certainty. 

Options Technology (Options), a leading provider of cloud-enabled managed services today announced a major milestone in its three-year strategic partnership with Netskope, a global leader in modern security and networking. 

Options’ AtlasWorkplace is an IT platform purpose-built for hedge funds, asset management, private equity, and financial services firms. It combines high-performance infrastructure, enterprise device management, and tightly integrated cybersecurity controls. 

Designed to meet the evolving security needs of modern enterprises, AtlasWorkplace’s enhanced security solution is the result of years of innovation by Options, leveraging the Netskope platform. 

PayToMe.co, an award-winning AI-powered fintech platform transforming global payments and compliance for small and midsize businesses (SMBs), today announced its acceptance into the NVIDIA Inception Program—a prestigious accelerator for cutting-edge AI startups. Fewer than 1% of startups globally are selected, placing PayToMe.co among an elite group of innovators shaping the future of artificial intelligence. 

PayToMe.co’s intelligent platform allows SMBs to operate globally with enterprise-grade infrastructure, built specifically for compliance-heavy, cross-border operations. 

With active customers in over 100+ countries, the platform helps digital exporters, logistics firms, and global e-commerce vendors move money faster, safer, and more affordably—without the friction of legacy financial systems. 

RightRev, a leader in automated revenue management, today announced a strategic partnership with Sage, the leader in accounting, financial, HR and payroll technology for small and mid-sized businesses. As part of the collaboration, RightRev’s revenue automation platform now integrates with Sage Intacct, providing a seamless flow of revenue data into Sage Intacct’s General Ledger to improve accuracy and efficiency. 

RightRev’s solution automates performance obligation tracking, contract modifications, standalone selling price application and allocation, and revenue recognition, while Sage Intacct provides a powerful and flexible general ledger designed for modern finance operations. Together, the integrated solution enhances financial accuracy, audit readiness and operational efficiency. 

The integration is now available on the Sage Intacct Marketplace for all U.S. Sage Intacct users, making it easy to connect RightRev’s robust revenue automation engine with their existing Sage Intacct environment. 

TIFIN @Work, the leading AI-powered platform unifying retirement, workplace benefits, and wealth, announces that it has secured a key strategic multi-year partnership with HUB International (HUB), a leading global insurance brokerage and financial services firm, to integrate TIFIN’s solution into HUB FinPath, the firm’s wellness platform, to elevate participant engagement in the retirement plans it administers on behalf of its client. 

With more than 9,400 retirement plans, $178 billion in assets under administration, and 1.8 million employees served through its Retirement and Private Wealth (RPW) practice, HUB is a market leader in workplace financial services. 

The collaboration was supported by Franklin Templeton, a strategic investor in TIFIN and a long-time advocate for innovation in the workplace and retirement ecosystem. 

Concurrent Investment Advisors, LLC (“Concurrent”), a leader in wealth management solutions, is expanding its partnership with TIFIN @Work by leveraging the power of TIFIN AG (AG). With AG’s AI-powered solution, Concurrent empowers advisors to gain deeper insights into each client’s financial life, enabling more comprehensive guidance and driving better wealth outcomes. 

Using artificial intelligence (AI) and advanced machine learning (ML) algorithms, AG analyzes data to help advisors identify key opportunities, guiding more targeted and impactful client interactions. For investors, the expanded partnership means more personalized financial guidance tailored to their individual goals, helping them make better investment decisions, save more, and optimize their retirement plans. For Concurrent, this expansion represents a strategic opportunity to deepen client relationships while driving sustainable business growth. 

As part of the partnership, TIFIN and Concurrent will collaborate on marketing initiatives, including customized content designed to further engage retirement plan participants and underscore the value of comprehensive wealth management relationships. 

Tradeweb Markets Inc. (Nasdaq: TW), a leading, global operator of electronic marketplaces for rates, credit, equities and money markets, today announced the appointment of Sherry Marcus as Head of Artificial Intelligence (AI). 

Building on Tradeweb’s strong foundation utilizing AI to enhance price discovery, dealer selection and analytics, Ms. Marcus will lead the next generation of Tradeweb’s AI strategy serving more than 3,000 institutional, wholesale, retail advisory and corporate clients around the world. In this newly-created global role, she will report to Tradeweb Chief Technology Officer Justin Peterson. 

Ms. Marcus joins Tradeweb from Amazon Web Services, where she led the 300-person science and data team behind Amazon Bedrock, the company’s flagship generative AI platform serving hundreds of thousands of enterprise customers. Previously, she was a Managing Director, Data and AI at BlackRock, creating a global AI office and leading the AI Leadership & Transformation team. Prior to this role, Ms. Marcus held various senior positions across financial services, including serving as Chief Data Analytics Officer at Millennium Partners and Global Head, Big Data Analytics at Credit Suisse. 

PAIG AI, a leading provider of AI governance and performance solutions, has officially rebranded as Trust3 AI. This strategic rebranding reflects the company’s commitment to help enterprises address the growing complexities surrounding AI reliability, governance, and security. 

Organizations adopting AI today face significant challenges—from ensuring the reliability of AI outputs to managing regulatory compliance and mitigating security risks. Without comprehensive visibility into AI and agent activities across their enterprise, organizations struggle to build the trust necessary for widespread adoption. Trust3 AI aims to simplify that process by equipping businesses with a unified trust layer that ensures confidence at every stage of the AI application lifecycle. 

The rebranding reinforces our mission to help enterprises seamlessly integrate governance, transparency, and accountability into their AI systems, empowering them to move from experimentation to operationalization without compromise. 

Trust3 AI, a leader in AI governance solutions, is proud to announce that Jodi Morton, former Chief Data Officer (CDO) at Freddie Mac and at KPMG, has joined its advisory board. With over 20 years of experience in data governance, risk management, and regulatory compliance, Jodi brings a wealth of expertise to help Trust3 AI continue delivering innovative solutions that address the ethical and operational challenges of AI. 

Jodi has held key leadership roles at Freddie Mac and KPMG, providing strategic guidance on data strategy and governance to drive organizational success. Her insights have been instrumental in reshaping enterprise-level strategies and ensuring compliance with complex regulations. 

Uplinq, a leading provider of AI-driven bookkeeping and tax solutions for small and medium-sized businesses (SMBs), today announced the closing of a $10 million Series A funding round. The round was led by Next Coast Ventures, with participation from AZ-VC, Live Oak Ventures, and existing investors. 

This infusion of capital will accelerate Uplinq’s growth, enhance its AI capabilities, scale customer acquisition efforts, and strengthen infrastructure to deliver seamless, automated financial management. 

Uplinq’s platform employs intelligent AI Agents to manage every aspect of bookkeeping—from transaction categorization and reconciliation to predictive insights and tax compliance—streamlining workflows and reducing manual intervention. This cutting-edge automation not only enhances accuracy and operational efficiency but also empowers SMBs to leverage financial insights in real-time, driving strategic decision-making and business growth. 

All In Credit Union, a leading credit union serving 200,000 members with $3.6 billion in assets, has announced its partnership with Upstart (NASDAQ: UPST), the leading artificial intelligence (AI) lending marketplace, to offer personal loans to more consumers. 

All In Credit Union started lending as a partner on the Upstart Referral Network in March 2025. As part of the Upstart Referral Network, qualified personal loan applicants on Upstart.com who meet All In Credit Union’s credit policies receive tailored offers as they seamlessly transition into an All In Credit Union-branded experience to complete the online member application and closing process. 

Visory (visory.net), a leader in cybersecurity and compliance for financial institutions, announces the successful deployment of its SecureCompliance™ platform at Modern Wealth Management, a firm managing over $6 billion in assets. The partnership has enabled Modern Wealth to rapidly enhance its cybersecurity and compliance operations, ensuring robust protections for sensitive client data as the company scales. 

With more than 180 employees and 6,700 clients, Modern Wealth needed a comprehensive cybersecurity program but lacked in-house IT or security expertise. They turned to Visory for a solution tailored to their growth trajectory and reliance on tools like Microsoft 365. 

Visory’s SecureCompliance™ offers the benefits of a virtual Chief Information Security Officer (vCISO) at a fraction of the cost. The AI-powered platform, paired with expert support, delivered: 

Zocks, an innovative, privacy-first AI platform that turns client conversations into actionable data and insights, and Commonwealth Financial Network (“Commonwealth”), a national RIA dedicated to providing financial advisors with holistic, integrated business solutions, announces its partnering to implement Zocks’ technology across Commonwealth’s advisor network. 

The collaboration reflects Commonwealth’s focus on scaling advisor efficiency in a way that strengthens the firm’s client-centric approach. Commonwealth selected Zocks as its exclusive partner for its advisor–specific design, accuracy and depth of data capture, its ability to accelerate pre and post meeting workflows, and its robust enterprise user management and compliance controls.