AI & Finance™ | News for the Week Ending 8/22/25

In a decisive move to accelerate innovation in enterprise technology, Achieva Inc. today announced its official launch. The company will strategically focus on delivering AI-powered Salesforce solutions tailored for the insurance and financial services industries. With a mission to improve customer engagement, operational efficiency, and intelligent automation, Achieva is developing a next-generation CRM platform purpose-built for the complex needs of these sectors. 

Achieva focuses on delivering seamless AI integration that strengthens sales, service, and marketing performance across the customer lifecycle for enterprises using Salesforce. For Insurance carriers and brokers, the platform will deliver intelligent automation spanning the entire policy journey, from the first quote to final claim resolution enabling streamlined operations. Financial institutions can now access data-driven CRM intelligence with predictive analytics, supporting compliance, enhancing client relationships, and elevating the quality of advisory services. 

Achieva’s upcoming Salesforce-native CRM platform will feature embedded AI, LLMs, and predictive analytics to close these critical gaps. These built-in capabilities will power smarter lead management, automated policy workflows, dynamic risk assessment, and hyper-personalized client engagement. 

Alchelyst, a leading full-service fund administrator for alternative asset managers, and Lyra Client Solutions (“Lyra”), a technology-enabled client servicing organization spun out from Apollo (NYSE: APO), today announced a merger to form a next-generation private markets servicing platform purpose-built to transform the investor experience across the institutional and global wealth channels. The transaction is expected to close in the fourth quarter of 2025, subject to customary closing conditions. 

Backed by Motive Partners, a private investment firm exclusively focused on financial technology, and Apollo, the combined organization will provide differentiated capabilities across fund administration and client servicing. 

As the private markets industry continues to grow rapidly, managers are facing heightened expectations to provide operational excellence, integrated fund administration, and technology-driven client service capabilities. The new platform will meet this challenge by delivering innovative servicing capabilities, intelligent automation, and real-time transparency at scale for General Partners (GPs) seeking to remain at the forefront of client service while balancing cost and efficiency pressures. 

AlphaSense, the AI platform redefining market intelligence for the business and financial world, today launched its AI agent interviewer and debuted Channel Checks, game-changing capabilities that expand Tegus Expert Insights, the company’s comprehensive expert research offering. For the first time, users can now get a real-time pulse on the economy through Channel Check interviews, surfacing market-moving insights such as demand shifts, pricing changes, and supply chain disruptions. 

This expansion unites the unrivaled Tegus Expert Transcript Library – the world’s largest and fastest-growing collection of investor-led expert calls, now surpassing 200,000 transcripts across 25,000 public and private companies – with the AI Interviewer’s ability to independently conduct and transcribe conversations with top-tier human experts. The result is a powerful blend of trusted, investor-generated research augmented with AI-driven interviews. By leveraging AlphaSense’s Deep Research AI agent, users can easily draw synthesized insights across the full content library, compressing days of research work into minutes. 

Built on AlphaSense’s proprietary generative AI and fueled by the market’s deepest intelligence library – spanning 500 million premium business documents and the Tegus Expert Transcript Library – the AI Interviewer leverages the full breadth of prior relevant knowledge to engage senior industry experts in probing conversations, matching the precision of an experienced human interviewer while operating at the speed and scale only AI can deliver. 

AlphaSense, the AI platform redefining market intelligence for the business and financial world, today announced the appointment of Brian Moroney as Chief Compliance Officer. Reporting to CEO and Founder, Jack Kokko, Moroney is responsible for leading AlphaSense’s compliance team, strategy, and leveraging AI to further enhance its industry-leading compliance program, with primary oversight focus on the company’s market-leading Tegus expert call library and call services, the company’s distribution of third-party research content, and secure management of sensitive client data. 

Most recently, Moroney worked at Goldman Sachs for eight years as an attorney, advising its sell-side research division on issues relating to regulatory compliance, artificial intelligence, alternative data, and expert networks. Prior to that, Moroney was the Chief Compliance Officer and General Counsel at Coleman Research for nine years, where he was responsible for creating and guiding the global legal strategy and building a best-in-class expert network compliance program. After graduating from the Georgetown University Law Center in 2001, Moroney was an associate at Skadden, Arps, Slate, Meager & Flom and Fried Frank where he advised corporations and individuals in connection with investigations by the United States Department of Justice, Securities and Exchange Commission, and state Attorneys General relating to insider trading, disclosure issues, and other securities’ law counseling. 

In 2025, AlphaSense reached $400 million in ARR and surpassed 6,000 enterprise customers worldwide, furthering its leadership position in applied AI and market intelligence. Customers include the majority of S&P 500 companies, 88% of the S&P 100, more than half of all Fortune 500 companies, and all of the world’s top investment banks. 

AML RightSource, the global expert solutions leader in financial crime compliance and third-party risk management, today announced the appointment of Abhishek Mittal as Executive Vice President, Chief Product & AI Officer and member of the Executive Leadership Team, effective immediately. 

With deep expertise in artificial intelligence, product strategy, and digital transformation, Mittal joins AML RightSource at a pivotal moment in the company’s growth. His leadership will be instrumental in advancing the company’s technology-driven approach to fighting financial crime. 

Mittal’s appointment underscores AML RightSource’s commitment to expanding its global, tech-enabled Expert Solutions offerings and advisory capabilities. His vision and leadership in AI will help shape the next generation of compliance tools and services, ensuring clients stay ahead of evolving threats and regulatory demands. 

AssetLink, the AI-powered distribution platform for asset managers and RIAs, today announced the issuance of a U.S. patent protecting its groundbreaking proprietary AI systems and methods. This patent fundamentally transforms business development by automatically correlating billions of structured and unstructured data points to trigger intelligent, autonomous workflows. 

This patented technology empowers firms to uncover high-value connections between advisors, investment products, and client needs. AssetLink’s breakthrough approach to automated, AI-driven correlation and its intelligent workflows allow firms to do more with less. The system doesn’t just process data—it interprets complex language, sentiment, and context across the financial ecosystem, driving smarter, faster, and more precise connections. This deep semantic understanding enables AssetLink to uncover nuances in advisor preferences, client needs, and product characteristics that were previously undetectable. 

By protecting both the AI systems and the methods that enable these intelligent workflows, the patent allows firms to automate core business development processes, enhance efficiency, and scale product distribution and recruiting efforts with unprecedented autonomy. This solidifies AssetLink’s leadership in fully automated, AI-driven financial matchmaking. 

Cambridge Investment Research, Inc. (“Cambridge”), a leading independent financial solutions firm, has announced the successful implementation of an agentic-AI-driven tool designed to fully execute direct account openings at the firm. The new tool delivers in 17 minutes what previously took a small team over nine days to accomplish – without compromising accuracy or precision – according to internal testing. 

In developing this technology, Cambridge took the same measured approach it has used to successfully deploy its existing internal generative AI tools. The firm utilized its comprehensive associate training program and oversight procedures to ensure the tool’s performance aligns with its high standards for providing consistent and accurate results. 

While the firm’s digital associates are currently limited to direct account opening, Cambridge is at work expanding their agentic-AI capabilities, with brokerage account opening functionality nearing completion. The firm’s goal is to deploy an integrated team of human and digital associates that will work together to elevate service and support across the organization. 

Concirrus, the leading AI insurtech transforming specialty underwriting and AI submission automation, today announced it has achieved ISO/IEC 42001 (AI Governance), ISO/IEC 27001 (Information Security Management), and SOC 2 compliance – becoming the first insurtech worldwide to secure all three internationally recognised certifications. 

This triple milestone sets a new global benchmark for trust, transparency, and governance in AI-driven underwriting and submission automation. While many technology providers are beginning to adopt AI governance and information security standards, Concirrus has gone further, uniting them with SOC 2 attestation to deliver the most comprehensive assurance available to insurers and brokers. 

The ISO/IEC 42001 certification confirms that Concirrus operates to the world’s first recognised AI management system standard, ensuring responsible development, deployment, and monitoring of AI models. The ISO/IEC 27001 certification demonstrates robust controls around information security, protecting customer data confidentiality, integrity and availability. Together with SOC 2 compliance, these certifications validate Concirrus’ leadership in security, privacy, and governance. 

FNZ, the global wealth management platform, has today announced the global launch of FNZ Advisor AI, a generative AI solution embedded directly into FNZ’s market leading wealth management platform. The solution will help financial advisors enhance productivity, deliver more personalized advice and serve more clients at scale. 

With more than 650 financial institution partners, over 26 million end investors and close to $2 trillion in assets on platform, FNZ provides access to one of the largest wealth management data sets in the world. This enables FNZ Advisor AI to support smarter, faster decision-making by generating real-time insights based on client and portfolio data. Advisors can proactively identify opportunities, flag risks and tailor their recommendations across their full book of business, ultimately driving better client outcomes. 

Advisor AI also automates the entire client meeting lifecycle. Advisors can now prepare for meetings using personalized insights, access relevant content during client meetings, and use Advisor AI to transcribe and analyze the discussions afterwards. The advanced solution will also highlight key points that require follow-up and guide advisors on the most relevant next conversations to have with each client. The time spent on repetitive administrative tasks is significantly reduced, freeing up advisors to spend more time with clients and focus on delivering high-quality, personalized advice. 

British fintech innovator Freckie Capital today announced the official launch of its flagship platform, the NAT Intelligent Strategy System, alongside an ambitious global expansion initiative. Designed to democratize access to professional-grade investing, the NAT system represents a fundamental shift away from traditional, advisor-driven finance toward a transparent, logic-based, and user-controlled model. 

For decades, wealth management has been portrayed as a service for the privileged few. The reality, Freckie Capital believes, is that the traditional model is riddled with barriers. 

The NAT Intelligent Strategy System is built on three core pillars: automation, logic and personalization. The system executes strategies 24/7 without human delay. Every recommendatiion is backed by data, models and transparent reasoning. The system adapts to each user’s risk profile and financial goals. Unlike traditional advisory services, NAT empowers users to control execution, review transparent strategy logic, and make adjustments in real-time—without relying on an advisor’s interpretation or availability. 

Intelligent wealth management platform Freckie Capital today announced its official entry into the United States, marking a milestone in the company’s global expansion strategy. At the heart of this launch is Freckie Capital’s proprietary NAT System (Nova Alpha Terminal) — a next-generation investment engine that combines structured thinking, advanced analytics, and behavioral finance to deliver sustainable, intelligent wealth management. 

Guided by an investment philosophy that begins with understanding the world, Freckie Capital seeks to replace market speculation and emotion-driven decision-making with a rational, systematic approach. 

The original vision for Freckie Capital was inspired by co-founder Nicholas Hawthorne’s belief in finding order amid market chaos and creating structure in uncertainty. As global markets become increasingly volatile and emotionally driven, he recognized that traditional wealth management approaches could no longer meet the demands of a fast-changing era. 

Freedom IP Capital, a global investment firm at the forefront of AI, blockchain, digital assets, and fintech innovation, today announced a series of strategic advancements, including the launch of its AI-powered financial market trading bot and significant upgrades to both its consumer and enterprise digital finance platforms. 

The newly launched AI Market Analyst & Trader Bot is not a static product but a living, evolving system engineered for continuous growth. Built on a scalable, future-proof architecture, it can seamlessly integrate the latest AI breakthroughs, new market instruments, and advanced trading methodologies—ensuring Centurion’s automated trading operations remain at the forefront of innovation. 

This forward-looking design minimizes the time and cost of adopting new capabilities, as the core infrastructure is already primed for expansion. From day one, the bot delivers immediate value through intelligent, automated trading, with its impact set to compound over time as both Centurion’s business and the global technology landscape evolve. 

Guidewire (NYSE: GWRE) announced that Texas Windstorm Insurance Association successfully deployed Guidewire InsuranceSuite on Guidewire Cloud Platform to power and simplify core and IT operations, quickly adapt to changing market demands, and deliver more value to its customers. A Guidewire customer since 2008, the company migrated InsuranceSuite from an on-premises environment to Guidewire Cloud Platform. 

Guidewire is the platform P&C insurers trust to engage, innovate, and grow efficiently. More than 570 insurance brands in 42 countries, from new ventures to the largest and most complex in the world, rely on Guidewire products. With core systems leveraging data and analytics, digital, and artificial intelligence, Guidewire defines cloud platform excellence for P&C insurers. 

Hyperscale Data, Inc. (NYSE American: GPUS), a diversified holding company (“Hyperscale Data” or the “Company”), today announced the launch of OnlyBulls, an app created and implemented by askROI, Inc., a wholly owned indirect subsidiary of Hyperscale Data (“askROI”). OnlyBulls is a mobile-only artificial intelligence (“AI”) powered companion app for portfolio management that gives every user their own personal AI market assistant available 24 hours a day, 7 days a week, 365 days a year. 

OnlyBulls is currently live in the Apple App Store and the Google Play Store. OnlyBulls is powered by askROI, the Company’s proprietary AI engine built to deliver real-time financial insight, portfolio intelligence, and around-the-clock asset monitoring. 

OnlyBulls is designed to act like a full-time assistant that lives in your pocket. With your own assigned AI agent, users receive constant updates, real-time alerts, and actionable intelligence all in the palm of their hand. 

Kinective, the leading banking operations platform provider that simplifies the technology financial institutions need to compete, thrive and better serve their communities, today announced its acquisition of ESQ Data Solutions (ESQ), a leading provider of enterprise-grade ATM and self-service device management solutions. 

The acquisition extends Kinective’s comprehensive Banking Operations Platform—which unifies branch automation, document workflow, secure connectivity and data intelligence—to now include complete cash device management. The addition creates the industry’s only banking operations solution that encompasses every critical operational touchpoint from branch to digital channels to cash ecosystem monitoring and management. With ESQ’s proven technology currently monitoring nearly 1 million devices globally, financial institutions gain complete visibility and control over every cash touchpoint—from branch teller cash recyclers to ATMs to kiosks to ITMs. 

ESQ’s enterprise-scale technology brings real-time device analytics, proactive alerts and automated monitoring and recovery capabilities to the Kinective platform. Processing over 1,000 real-time data points per minute and handling nearly 2,900 transactions per second on peak days, ESQ’s advanced technology monitors highly available servers and can initiate recovery when anomalies are detected. This creates a 360-degree view of cash operations while dramatically reducing downtime through AI-powered issue prevention and rapid resolution capabilities that improve device availability from 70% to 95% while reducing operational costs by up to 15%. 

Majesco, a global leader of cloud intelligent insurance software solutions, today announced the launch of Majesco Unified, an innovative new support experience designed to transform how customers engage, succeed, and grow with Majesco. 

Majesco Unified brings together the very best of Services and Support, connecting the power of the Majesco intelligent platform with personalized engagement and business outcome-driven solutions—ensuring insurers maximize the value of their investment while accelerating innovation. 

Standard Support delivers essential, reactive help, and its Premium Support offerings add enhanced responsiveness with dedicated account management, but Unified Support goes further, delivering optimized value and accountability specific to the customers’ business with a proactive, lifecycle-driven partnership that fuels transformation and innovation. 

Options Technology (Options), the leading provider of capital markets infrastructure, today announced a strategic private cloud expansion into Iceland with a new AI-optimized datacenter deployment. This move marks a significant step forward in supporting clients’ security and high-performance computing needs while dramatically reducing operational costs and advancing environmental sustainability goals. 

As one of the earliest private cloud providers in capital markets, Options continues to lead through innovation, with today’s announcement reinforcing its commitment to performance, resilience, and secure service delivery. This deployment is in direct response to increasing demand from Options’ clients, including hedge funds, investment banks, and proprietary trading firms, seeking to scale secure AI workloads without compromising on privacy, compliance, or ESG commitments. 

The Iceland facility is designed for high-density private AI workloads, offering a 72% reduction in per kVA costs compared to traditional U.S. sites. Powered entirely by renewable energy, it delivers exceptional compute performance while allowing clients to report zero carbon emissions. Additional benefits include liquid cooling infrastructure, closed-loop water systems, and sub-100ms connectivity to both Europe and North America via redundant submarine cables. 

RevoAI, an emerging leader in AI-driven financial technology, today announced the launch of its ethical AI-fintech platform designed to bridge the gap between financial services and professional development. By combining artificial intelligence, machine learning, and blockchain, RevoAI is building what it calls “Bank 5.0” — a new model of digital banking where financial empowerment and career growth go hand in hand.

With projections from the World Economic Forum indicating that 85 million jobs could be displaced by automation by 2025, RevoAI addresses both sides of the challenge: providing smart, personalized financial tools while equipping individuals with verifiable skills to remain competitive in the evolving job market. 

Sapiens International Corporation, (NASDAQ: SPNS) (TASE: SPNS), a global leader in intelligent SaaS-based software solutions, announced today that Bankers Insurance Group (Bankers), a leading specialty commercial carrier, has selected Sapiens CoreSuite for Property & Casualty  to support the next phase of its business transformation. 

Bankers is embarking on an ambitious growth strategy, including expansion into new states and product lines. To support this vision, Bankers selected Sapiens CoreSuite for P&C to modernize its technology stack and help power its next chapter of growth and operational excellence – starting with builder’s risk and business owner’s policy (BOP), with additional product launches to follow. The partnership with Sapiens will provide a modern, scalable platform that delivers automation and improves efficiency. 

Sapiens CoreSuite for P&C will support Bankers’ transition from a legacy system to a modern, end-to-end suite — allowing the company to scale efficiently, reduce manual processing, and improve service levels across the business. With advanced automation and analytics, the solution will accelerate time-to-market, enhance responsiveness to trading partners, and strengthen Bankers’ ability to navigate a dynamic and competitive market. 

Sigma360®, the definitive AI-powered risk screening and monitoring platform, has announced the launch of Entity Summary, a powerful new Generative AI (GenAI) enhancement that automates case summarization for financial crime compliance teams. Sigma360 is the first screening platform to concurrently offer this feature, which uses Large Language Models (LLMs) to generate comprehensive risk profiles in seconds. These profiles are standardized into a consistent format that analysts can quickly use in due diligence reports and other workflows, effectively consolidating risk data from multiple sources faster and better than ever before. 

Entity Summary solves a major challenge slowing down compliance operations: the time-consuming process of manually going through huge amounts of risk data and summarizing this information for due diligence reports. This GenAI innovation creates a single, unified entity risk profile that analysts can immediately access. It brings together global KYC data, direct and indirect risk indicators, watchlist information, corporate registry details, proprietary research and aggregated adverse media intelligence. 

Early enterprise adoption of Entity Summary has seen significant success, with users praising faster workflows and clearer visibility into complex risk profiles. 

TradeAlgo today announced the launch of its new mobile app on Apple’s App Store, giving investors on-the-go access to TradeAlgo’s core dashboard and AI-driven market insights. An Android version is pending approval on Google Play. 

The first release focuses on the essentials investors use every day: quick visibility into dashboards, watchlists and summaries, plus mobile alerts to keep users connected to the market. Additional features will roll out with rapid updates after launch. 

TRM Labs, a leading provider of blockchain intelligence solutions, today announced a strategic integration with Sumsub, a global leader in verification. This new integration enables Sumsub users to leverage TRM’s risk intelligence to screen wallet addresses, score transactions, and review risk signals in real time – all in one dashboard in Sumsub’s Crypto Monitoring solution. 

According to data from Chainabuse, TRM Lab’s open-source fraud reporting platform, reports of generative artificial intelligence (genAI)-enabled scams between May 2024 and April 2025 rose by 456%, compared with the same period in 2023-24. In addition, Sumsub’s data reveals a 48% increase in fraud across the crypto industry in 2024, now representing 2.2% of all verification attempts on global crypto platforms. This surge underscores the evolving threats faced by the sector and highlights the critical need for virtual asset service providers (VASPs) to adopt advanced blockchain analytics, behavioral fraud detection, and continuous monitoring. Sumsub’s integration with TRM is critical in providing compliance teams with real-time risk intelligence to detect risk signals early – enabling fast decision-making to protect customers and stay compliant. 

Users can seamlessly connect existing TRM subscriptions to Sumsub’s platform via the Bring Your Own Key (BYOK) model. This enables clients to use their own keys to manage and secure their data, ensuring full control over sensitive information while using Sumsub’s Crypto Monitoring. 

ABNB Federal Credit Union (ABNB), a member-owned financial institution serving over 76,000 members nationwide, has announced its partnership with Upstart (NASDAQ: UPST), the leading artificial intelligence (AI) lending marketplace, to offer personal loans to more consumers. 

ABNB Federal Credit Union began lending as a partner on the Upstart Referral Network in May 2025. As part of the Upstart Referral Network, individuals who qualify through Upstart.com and align with the credit union’s credit criteria are guided into a smooth, ABNB-branded experience; making it easy to become a member and complete their loan process online. 

Whatfix, the global leader in Digital Adoption Platforms (DAP), is accelerating transformation across the global financial services sector with its proprietary GenAI-powered product suite. As financial services institutions worldwide face mounting regulatory pressures, legacy modernization challenges, and rising user expectations, Whatfix is empowering them to navigate change with agility and control, while driving measurable improvements in productivity and ROI. 

Only 58% of banking leaders feel confident in their ability to modernize core systems, according to Bain & Company’s 2024 Banking Trends Survey. While 43% cite investing in new technologies as a top priority, the primary focus for bank CIOs over the next 12 months is managing cybersecurity and technology risks. These indicators underscore the complexity of digital transformation in financial services and the growing need for scalable, secure, and user-focused solutions. 

Whatfix directly addresses these challenges through its product suite, comprising three powerful tools: Digital adoption to enable users right within any software, no-code analytics to uncover and resolve adoption gaps, and application simulation for safe, hands-on learning in software replicas, all powered by GenAI.