AI & Finance™ | News for the Week Ending 7/10/26

Allocate, the private markets operating system for wealth advisory firms and fund managers, today announced the appointment of Matt Dunn as Chief Revenue Officer (CRO). A veteran of PIMCO, Morgan Stanley, and Opto Investments, Dunn’s role follows a series of strategic senior hires as Allocate scales to meet surging demand for modern private markets infrastructure. 

The appointment comes amid significant momentum for Allocate. Over the past year, the company has grown to support more than 375 wealth advisory firms, built relationships with over 1,500 private asset managers, and grown platform assets to over $4.8 billion, cementing its role as the infrastructure layer connecting advisors, investors, and fund managers across the private markets lifecycle. 

Prior to taking on the role of CRO, Dunn served as an advisor to Allocate, where he helped shape the company’s growth strategy and go-to-market approach. Throughout his career, he has specialized in helping companies scale advisor-focused businesses and navigate periods of industry transformation. 

Arch, an AI-powered platform for managing, monitoring, and unlocking insights on private markets portfolios, today announced the appointment of Keith Soura as Chief Technology Officer (CTO). In this role, Soura will oversee the technical vision and end-to-end development of Arch’s platform, spanning architecture, engineering, and product delivery for a client base of banks, investment advisors, accounting firms, family offices, and institutional allocators. 

As private markets make up a larger share of portfolios, the cost and oversight required to manage them has grown too, driven by manual processes, fragmented portals, and technology that hasn’t kept pace. The result is outdated and labor-intensive workflows, with a single private equity fund requiring over 5,500 clicks across its 10-year lifespan. This disconnect makes it imperative that technology evolves in tandem. Soura will build on Arch’s standing as the private markets platform of choice, driving automation across additional private markets workflows, while surfacing the trends, performance drivers, and insights allocators need. With a goal of driving down the cost of managing alternative investments and powering better decisions, Soura will also help Arch put novel and secure AI tools in the hands of customers, who are clamoring for advantages as they navigate private markets. 

Soura has spent his career building and scaling platform infrastructure and engineering teams through periods of rapid growth. He joins Arch from mortgage fintech Better.com, where he led engineering, and previously served as CTO of proptech firm VERO. A recognized technology leader, Soura is a frequent speaker on AI and engineering and was named a 2025 HousingWire Tech Trendsetter for his work advancing AI-powered financial infrastructure. He brings that experience to lead Arch’s product and engineering teams, with a focus on making private markets more transparent and simpler to navigate. 

Associated Banc-Corp (NYSE: ASB) (“Associated”) today announced the launch of the second year of its AI Academy, an innovative summer learning program designed to introduce middle school and high school students to artificial intelligence, financial literacy and digital skills. Building on insights gained from a successful pilot program in 2025, the academy will offer a more flexible, self-paced learning experience for students. 

Developed by Associated Bank in partnership with the Boys & Girls Clubs of Greater Milwaukee and powered by Skillsoft, the program equips students with foundational knowledge of artificial intelligence while helping them understand how technology is shaping the future of work, finance and everyday life. 

Student recruitment began the week of June 22 at numerous Boys & Girls Clubs of Greater Milwaukee locations, like Davis, Daniels-Mardak, Fitzsimonds, Hillside and Mary Ryan. Learning content began June 29. 

Axos Nevada Holding, LLC, a subsidiary of Axos Financial, Inc. (“Axos” or the “Company”) announced that it has entered into a definitive agreement to acquire Arc Technologies, Inc. (“Arc”), a financial technology platform serving technology and growth companies. 

Founded in 2021, Arc provides integrated cash management, capital markets, and AI-powered financial software solutions through a unified platform designed to help businesses manage cash, access debt financing, and streamline financial operations. 

Axos expects the transaction to enhance its ability to serve the millions of small businesses in the United States that are structurally underserved by traditional banks. 

BetaNXT, a leading provider of wealth management technology solutions with real-time data capabilities and advanced AI innovation, today announced the launch of the MIC Issuer Portal, an AI-enabled digital experience and delivery layer within its end-to-end proxy solution that helps corporate issuers manage proxy engagement with greater speed, transparency, and control. 

Designed for corporate secretaries, general counsel, investor relations teams, and other issuer stakeholders, the portal streamlines key workflows, documents, communications, reporting, and status updates into one secure environment. It reduces fragmented, email-driven coordination while using available data to surface AI-enabled insights, trends, and historical context. 

Proxy engagements have historically relied on manual tracking, disconnected tools, and fragmented communication. As issuer expectations evolve, organizations require faster coordination, clearer status visibility, and easier access to actionable information. 

Cerity Partners, a leading independent wealth management firm, today announced the appointment of Will Peng as its first Chief Innovation Officer. The hire reflects the firm’s commitment to leveraging cutting-edge technology and artificial intelligence to enhance its workflows and client experience as Cerity Partners experiences rapid growth. 

In his role as Chief Innovation Officer, Peng will focus on firmwide strategy to innovate Cerity Partners’ service model, connect cross-functional expertise across the business, apply AI to build scalable workflows and capabilities, and strengthen the “CP Way” experience of clients, advisors, and colleagues as the firm continues to grow. 

Peng brings a distinguished background as an entrepreneur, executive, and product leader. Most recently, he served as Founder and CEO of Northstar, a fintech company focused on helping more people access high-quality financial advice. Northstar built an employee financial wellness and advisory platform, partnering with leading employers including Workday, Airbnb, and Affirm. 

Datavault AI Inc. (“Datavault AI” or the “Company”) (NASDAQ: DVLT), a provider of data monetization, credentialing, digital engagement, and real-world asset (“RWA”) tokenization technologies, today announced a proposed strategic partnership with Patriot Strategic Metals LLC (“PSM”) to jointly develop the Strategic Materials Acquisition Platform (“SMAP”), an institutional digital infrastructure platform designed to support the financing, tokenization, settlement, and lifecycle management of strategic mineral assets (the “Strategic Partnership”). 

The proposed Strategic Partnership is expected to combine PSM’s integrated strategic metals platform, including mining interests, long-term offtake agreements, refining, strategic inventories, commodity trading, and supply-chain operations, with Datavault AI’s patented RWA tokenization technology, AI-enabled digital infrastructure, blockchain-based settlement capabilities, and enterprise software platform. The companies believe the partnership will establish a framework for connecting physical strategic mineral assets with institutional digital financial infrastructure to support industries including artificial intelligence, semiconductor manufacturing, defense, robotics, advanced manufacturing, energy systems, and critical infrastructure. 

Global demand for critical minerals continues to accelerate as governments and industry invest in AI infrastructure, semiconductor manufacturing, defense modernization, electrification, robotics, data centers, and resilient domestic supply chains. 

Duck Creek Technologies, the intelligent core of insurance, today announced it has acquired Send Technology Solutions Ltd, a leading AI-native underwriting orchestration engine serving commercial, specialty, and complex risk markets with leading insurance customers across the globe. The investment creates the industry’s first and only agentic solution to unite core insurance operations and intelligent underwriting workflows across the policy lifecycle for multiple operating models. 

Duck Creek serves hundreds of P&C insurers globally, including more than half of the top 20 global P&C carriers. Send is a leader in underwriting solutions for commercial, specialty, reinsurance, MGAs and delegated authority customers, supporting more than $26 billion in Gross Written Premium through its underwriting orchestration engine. 

As improving underwriting performance becomes a strategic imperative for insurers, many continue to be held back by disconnected underwriting processes, fragmented submission and exposure data, and limited visibility into risk appetite, pricing decisions, portfolio accumulation, and underwriting performance. By bringing Duck Creek and Send together, insurers can connect submission intake, triage, enrichment, risk assessment, quote decisions, policy issuance, and portfolio monitoring in a more unified operating model—helping underwriters act with greater speed, consistency, and confidence for profitable growth. 

FactSet, a leading global data and AI solutions provider to the financial markets, today announced a multi-faceted strategic partnership with Google Cloud to create a new generation of AI-powered solutions for the financial industry. The collaboration addresses a growing demand from financial firms for workflow-specific agentic solutions that are powered by trusted data and fully sourced, auditable, and defensible in regulated environments. The partnership supports FactSet’s broader AI vision by delivering agentic experiences across the investment and deal-making lifecycles. 

FactSet AI enhanced with Gemini models: FactSet is embedding Google’s enterprise Search and Gemini model capabilities in its Workstation via Gemini Enterprise Agent Platform to launch the next generation of agents for finance. The partnership will accelerate the development of new Workstation products with deep research functionality and multi-modal experiences, leveraging Google Cloud’s broad range of AI capabilities. Direct integration with Google grounding will supplement FactSet’s financial data and improve both the breadth and depth of FactSet’s AI-enhanced insights. 

Deeper financial intelligence in Gemini Enterprise: Building on the previously announced collaboration with Google DeepMind, FactSet’s MCP and agent sharing functionality will deepen the financial intelligence in Gemini Enterprise – Google Cloud’s AI platform for building, governing, and deploying agents. Through this integration, financial professionals will benefit from seamless interoperability between the FactSet Workstation and Gemini Enterprise. 

Feathery, the AI operating system for wealth management, today announced that firms using its advisor transitions platform transitioned more than $2 billion in assets under management (AUM) during the first quarter of 2026 alone, underscoring growing demand for modern infrastructure that helps wealth management firms execute advisor transitions faster and with greater operational confidence. 

The milestone comes as advisor transitions become increasingly complex. Firms must manage data spread across custodians, CRMs, spreadsheets, documents and legacy systems while simultaneously preparing accounts, onboarding clients and generating revenue as quickly as possible. 

Feathery’s advisor transitions platform helps RIAs and broker-dealers ingest and validate transition data, connect custodians and CRMs and bulk repaper client accounts. The goal is simple: help firms become transition-ready before day one so accounts can be ready to send as soon as advisors join. 

FINNY AI Inc. (“FINNY”), the AI-powered growth and marketing platform built exclusively for financial advisors, today announced a comprehensive brand refresh, debuting an updated logo, refined wordmark, and a new signature color palette. The rebrand was developed in partnership with Little Plains, a creative agency known for building purposeful brand identities. 

At the heart of the refresh is FINNY’s iconic shark fin mark, now modernized with a cleaner silhouette and a deeper indigo that reflects the company’s focus on modernization and precision. Paired with a complementary set of tones, the new palette both reflects FINNY’s ability to be entrenched without being staid, and contemporary without being gauche. The updated wordmark rounds out the refresh, lending the brand a cleaner, more balanced feel across digital and print surfaces. 

Since launch, FINNY has emerged as a leading growth platform for financial advisors, garnering accolades from industry awards, and financial backing from many of the top investors in fintech. In April, 2026, FINNY released Hunter, the AI Chief Growth Officer, and in June, 2026, FINNY announced their enterprise product, FINNY for Enterprise Teams. 

Thermo Companies, a diversified investment firm with four decades of experience across capital-intensive industries, and Focus Automated Equities (FAE), an emerging artificial intelligence company that develops and licenses proprietary trading strategies through novel FinTech intellectual property, today announced the formation of a strategic partnership. 

Under the agreement, Thermo will provide strategic and technical advisory services to FAE, including guidance on strategy, potential liquidity events, third-party strategic partnerships, and advancements in machine learning. The arrangement is structured as a high-level advisory relationship focused on accelerating FAE’s growth and market positioning. 

Insurity, a leading provider of cloud-based software for insurance carriers, MGAs, and brokers, today announced the expansion of its strategic partnership with OIP Insurtech, a technology company serving the insurtech and insurance market through software development, automation, staff augmentation, and IT support services. Since forming their partnership in 2023, Insurity and OIP Insurtech have worked together to enhance product delivery, expand implementation and support capabilities, and deliver AI-enabled document intelligence and system integration services across the insurance ecosystem. 

Building on that success, Insurity customers will gain access to even broader expertise from a partner that combines insurance market knowledge with hands-on experience across a wide range of Insurity solutions, including Insurity Pro Suite and ClaimsXPress. OIP Insurtech brings capabilities in intelligent document processing, workflow automation, and implementation support that can help insurers streamline operations and realize greater value from their technology investments. 

OIP Insurtech has been a trusted collaborator across a range of initiatives within the Insurity ecosystem, contributing expertise in implementation services, automation, product enablement, and operational support. The expanded partnership builds on a proven track record of collaboration and a shared commitment to helping insurers modernize more effectively through innovative technology and services. 

Integrity, LLC (“Integrity”), a leading distributor of life and health insurance, and provider of wealth management and retirement planning solutions, today announced it has partnered with Dependable Life Solutions, an independent marketing organization based in Miami, Florida, and led by William Kemp. Financial details of the partnership were not disclosed. 

Dependable Life Solutions distinguishes itself through a collaborative, team-driven environment where agents receive hands-on mentorship to grow into confident leaders. With a steadfast focus on putting every client in a stronger, more secure position, the firm delivers life insurance products to families and individuals nationwide. A culture rooted in ongoing support, partnership and recognition drives excellence and fosters unity among the agency’s close-knit team. 

An Integrity partnership offers the Dependable Life Solutions team access to innovative resources that support long-term agent success. Integrity’s transformative platform helps agents scale by proactively meeting client needs, while improving and simplifying processes. IntegrityCONNECT®, Integrity’s industry-leading technology growth engine, streamlines workflows by integrating all aspects of an agent’s business into a cohesive overview that includes on-demand leads, instantaneous quoting and enrollment and simplified plan management. Client relationships can be deepened through Integrity’s AI-driven and voice-activated digital assistant, Ask Integrity®, which surfaces connection points such as coverage recommendations, policy lifecycle reminders and real-time prompts. Additionally, Dependable Life Solutions gains access to a wide range of benefits available exclusively to Integrity partners, including insightful data and analytics, high-caliber leadership guidance and ongoing optimization. 

IRALOGIX, the retirement industry’s leading fintech provider, today announced that Lisa Matthews has joined the company as Vice President of Fraud and Risk. Reporting to Chief Operations Officer Tom Albergo, Matthews will lead IRALOGIX’s enterprise fraud prevention, cybersecurity risk, and AI governance initiatives as the company continues to expand its platform and partner ecosystem. 

Matthews joins IRALOGIX from Ally Financial, where she served as Senior Director of Cybersecurity Compliance, leading the company’s enterprise AI regulatory readiness strategy and establishing its first Insider Threat Governance Council. She brings deep experience in cybersecurity, fraud prevention, regulatory compliance, and institutional risk management, developed through leadership roles at some of the nation’s largest financial institutions. 

Previously, Matthews held senior leadership positions at Wells Fargo and Bank of America, where she led global insider threat investigations and helped develop one of the banking industry’s first patented behavioral analytics models for insider risk detection. 

At a moment when consumer delinquencies are on the rise, KredosAi, an AI-powered collections platform that enhances revenue recovery by leveraging behavioral intelligence, was built to be the answer to the problem. 

This problem for large enterprises is significant in scale: millions of customer accounts are past due at any given time tying up 10-15% of revenue in delinquent accounts, with annual bad debt expense at some large enterprises reaching $1B+. 

Today, the company announced the close of a $7 million Series A funding round led by BMW i Ventures. The round was oversubscribed, with strong demand from both new and existing investors. Participating investors include new backers Motley Fool Ventures and Walter Ventures, alongside existing investors Okapi Venture Capital, StartFast Ventures, SaaS Ventures, and Stout Street Capital. 

MDOTM Ltd., the global provider of AI-driven investment solutions for Asset and Wealth Management companies, today announced the close of a $27 million growth equity round led by Expedition Growth Capital. 

Founded in London in 2015, MDOTM has grown into one of the leading AI providers for the investment industry, working with major financial institutions, including Morgan Stanley, Amundi and Zurich Bank. The company now serves over 60 financial institutions across the US, UK and Europe as firms increasingly turn to AI to manage portfolio complexity at scale, with Sphere supporting over $100 billion in AUM. 

Total investment in the company is now $36.5 million. As part of the round, new board seats were allocated to Steve Twomey, Partner at Expedition Growth Capital, and James Hays, chairman of IFC Advisors. Hays was formerly CEO at Wells Fargo Advisors and has nearly 40 years of industry experience. The new members join CEO Tommaso Migliore, Chief Scientist Federico Mazzorin, and Chief Operating Officer Federico Invernizzi on the board. 

MeridianLink, Inc., a leading provider of modern software platforms for financial institutions and consumer reporting agencies, today announced the appointment of John Wiseman as Chief Revenue Officer and Adam Gray as Chief Transformation Officer. 

As part of this transition, Richard Scheig will transition to serve as a Strategic Advisor, effective immediately. Scheig has served as the Company’s Chief Revenue Officer since 2022. 

Wiseman joins MeridianLink with more than three decades of leadership experience across financial technology, data, and analytics. He has served as CRO at Addepar, Real Capital Analytics (RCA) and FactSet where he drove sustained revenue growth and led the adoption of innovative platform solutions and services. MeridianLink also announced the appointment of Adam Gray to a new executive leadership role, Chief Transformation Officer. In this role, Gray will lead cross-functional initiatives focused on delivering investments in innovation, growth, M&A, and AI-driven transformation. 

Nuvei, the global fintech building the infrastructure for every payment, everywhere, today completed a live agentic-commerce proof of concept with Visa, Arvato Systems, and fashion brand Kings and Priests. In the transaction, a merchant’s AI agent initiated a product purchase on a shopper’s behalf and paid inside the agent, with no hand-off to a separate payment flow. Multiple issuers across Europe took part completing agentic payments settled on live Visa rails using a tokenized Visa credential within Visa Intelligent Commerce. These were governed by shopper-set guardrails, including spend caps and approved categories. 

The proof of concept moves agentic commerce beyond discovery by keeping the purchase, authorization, and payment inside the first-party agent. It also establishes a proof point for Nuvei Agentic: a protocol-agnostic execution layer any AI agent can call to pay. 

The strategy reflects what merchants are asking for. At Nuvei’s Global Customer Advisory Board this week, merchants identified first-party agentic capabilities as the immediate priority, with the same controls extending to public, third-party agents as the market develops. 

Orion today announced it has achieved ISO/IEC 42001 certification, the first international standard for artificial intelligence management systems. The certification, awarded following an independent third-party audit, validates the AI Management System that governs the Denali AI intelligence layer embedded across Orion’s workflows. The achievement places Orion among the first in wealthtech — and the first known portfolio accounting provider — to meet the standard. For the forward-thinking, growth-oriented firms Orion serves, it is independent confirmation that every AI capability Orion delivers is governed, responsible, and built to earn their trust.  

ISO 42001 sets requirements for how organizations establish, maintain, and continually improve the way they govern AI across its lifecycle, including risk assessment, transparency, data governance, oversight of third-party AI providers, and human oversight. 

The certification comes as advisor demand for trustworthy AI accelerates. In Orion’s 2026 Advisor Wealthtech Survey, advisors named AI and automation the number one force multiplier for firm growth, while only one in ten reported using advanced AI capabilities and nearly a quarter had no AI tools in place. 

Outseer, a global leader in all-cause digital fraud prevention for financial institutions, today announced that it has achieved ISO/IEC 42001 certification from Intertek, the world’s first international standard for Artificial Intelligence Management Systems (AIMS). 

Outseer uses a combination of predictive, generative, and agentic AI along with proprietary native banking and behavioral signals to detect and prevent fraud, account takeover, scams, money mules, and other forms of financial crime in real time. The certification validates Outseer’s comprehensive approach to AI governance, risk management, accountability, and oversight, providing banks and payment providers with additional assurance that the artificial intelligence systems protecting their customers operate under rigorous controls and internationally recognized best practices. 

The certification further strengthens Outseer’s security, compliance, and governance posture and supports the growing demand from regulators, financial institutions, and consumers for greater transparency and accountability in AI-powered decision-making. 

Parabellum Investments (“Parabellum”), a leading investment firm specializing in enterprise software and fintech, today announced its acquisition of Crux Informatics, Inc. (“Crux”), the industry-leading platform for AI-powered external data management.  

In today’s global economy, data is the lifeblood of financial decision-making, yet the sheer volume and complexity of that data often create significant bottlenecks for institutions. Crux is solving this challenge by acting as the critical connective tissue between raw, fragmented data sources and the advanced models that power the world’s leading financial and technology firms. 

The acquisition marks a major milestone for both organizations. Combining Crux’s platforms with Parabellum’s operational expertise and long-term growth strategy, the partnership will accelerate product innovation, broaden international reach, and deliver even greater efficiency to Crux’s customer base.  

PNC today announced the launch of its new Mobile Banking app, a modernized platform that delivers a personalized, secure and high-performing digital experience to help retail clients seamlessly manage their financial lives. 

The PNC Mobile app is powered by a next-generation technology platform designed for speed, scalability and continuous innovation. Built using PNC’s agentic development system and leveraging PNC’s patented data-streaming microservices-based architecture, the mobile app can be rapidly updated and enhanced with new features and capabilities reflecting client feedback and PNC innovation. 

The platform is designed to support embedded generative AI capabilities that will further personalize the client experience, including intelligent assistance, proactive insights and enhanced self-service functionality that will be expanded over time. The app is further strengthened by PNC’s access to advanced frontier AI models which are used to enhance the fidelity, safety and resiliency of the software development process. This capability enables a higher degree of precision in how software is designed, tested and validated to help ensure that rapid innovation is matched by rigorous security controls and production-grade quality. 

Quandri, the AI platform for insurance agencies and brokerages, today announced a strategic partnership with FirstChoice, a MarshBerry company and one of the largest insurance agency networks in the United States, to expand access to Quandri’s insurance-native AI platform for FirstChoice member agencies. 

This partnership comes as independent agencies are increasingly expected to manage more policies, greater complexity and higher client expectations with the same resources. As experienced talent pools continue to shrink and the traditional service model becomes harder to scale, agencies are turning to automation to increase capacity, improve consistency and give teams more time to focus on clients. 

Quandri automates the renewal workflow, one of the most time-intensive processes inside an agency. The platform analyzes renewing policies, surfaces actionable insights and remarketing options, and prepares tailored client communications, enabling account managers to deliver personalized outreach at a scale that was previously unattainable. 

Regions Bank on Tuesday announced the launch of personalized insights, a new mobile banking feature that delivers tailored financial education, proactive notifications, and actionable insights based on real-time account activity. 

Built into the Regions Mobile Banking app, customers can better understand spending habits, track subscriptions, and strengthen financial decision-making, all through intelligent, easy-to-understand notifications. 

This advanced digital tool analyzes transaction data to deliver insights that can help customers make more informed financial decisions. Working with greater clarity to build financial confidence, customers can better spot opportunities to build savings, reduce expenses, or take other actions to reach short- and long-term goals. 

Regnology, a leading provider at the intersection of regulatory, risk, and supervisory technology, today announced it has entered into a definitive agreement to acquire Fed Reporter, the market-leading U.S. provider of regulatory reporting solutions for financial institutions of all sizes, including banks, credit unions, and bank holding companies. 

The acquisition marks a pivotal milestone in Regnology’s U.S. expansion, creating the most comprehensive regulatory reporting coverage across the American financial landscape and extending its reach to more than 4,000 institutions from global banks to community lenders. By combining a proven, cloud-first, agentic-first technology foundation with deeply embedded local expertise, Regnology is uniquely positioned to support more efficient, transparent, and data-driven reporting, while strengthening alignment between financial institutions and supervisory authorities. 

Fed Reporter will continue to operate as a trusted, purpose-built platform for financial institutions. Regnology’s priority is full business continuity: the team, solutions, and service clients rely on will remain unchanged. Over time, clients will benefit from the scale, investment capacity, and innovation capabilities of a global RegTech leader, reinforcing Regnology’s position as a stable, long-term partner in the market. 

S&P Global (NYSE: SPGI) today announced the new Market Intelligence operating model. This evolution is designed to better align the business with changing customer needs and to position the company for growth in an AI-driven market, pairing its unmatched breadth and depth of data and deep domain expertise with more integrated AI-powered tools, workflows and experiences. 

S&P Global Market Intelligence will be organized into two focused verticals with distinct but complementary areas, Kensho Data & Platforms and Enterprise Solutions, enabling a streamlined and unified approach to help customers move from insight to action with speed and confidence. Together, these verticals bring S&P Global Market Intelligence data, AI, software and workflow capabilities into strong alignment with quickly evolving customer needs. 

Kensho Data & Platforms will be led by Sally Moore, whose role as Chief Client Officer is expanding to include Co-Head of Market Intelligence, Kensho Data & Platforms. The vertical will bring together data delivery, platform capabilities and client engagement to create an AI-led customer experience. 

Square today announced a new ChatGPT app and Claude plugin, helping sellers get discovered and transact at the exact moment customers are making purchasing decisions through AI-powered conversations. Square was built to help sellers accept payments where their customers are. This foundation has expanded to helping sellers reach customers across key digital channels, from search and maps to social and marketplaces. As consumers increasingly turn to AI to decide where to eat, shop, and book services, Square is extending this approach to help businesses show up with accurate information and – in supported AI experiences – directly order within these channels. 

For sellers, this provides a new means of accessing customers without new complexity. Eligible sellers are opted in with no additional work, setup, or fees required. There is no API to build, no new tool to configure, and no added cost. Sellers manage AI discoverability through their existing Square Dashboard, while Square handles the infrastructure layer – syncing business information, menu data, hours of availability, and ordering information in real time. 

Square Food & Beverage (F&B) sellers in the U.S. with an activated Square Online Ordering profile are the first to go live. Customers can discover participating restaurants, browse menus, and place orders using Order by Cash App. These route directly into sellers’ existing Square Online Ordering setup, including POS and Kitchen Display System. The source of the order is visible in Square’s reporting, giving operators clear insight into how the new channels are performing. Square does not charge additional marketplace commissions on orders placed through these integrations, marking a meaningful distinction as commission structures on traditional delivery platforms continue to compress restaurant margins. 

Tangos AI, the leading autonomous AI platform for financial crime investigations, today announced a $20 million seed financing round led by Red Dot Capital Partners, with participation from Leaders Fund, Clarim, Venture Israel, Signal Fire, Clutch Capital and Selah Ventures and a strategic investment by Bright Data. 

Founded in 2025 by Eyal Azoulay, a serial entrepreneur with three previous exits, including one acquired by BNY, Tangos brings together a leadership team with deep experience across financial crime investigations, sanctions enforcement, intelligence operations, banking and artificial intelligence. 

Financial crime is estimated to generate more than $1.5 trillion in illicit proceeds annually, while financial institutions continue to face rising alert volumes, increasing regulatory expectations and a global shortage of experienced investigators. As a result, many organizations are forced to prioritize only a fraction of potentially relevant cases, leaving significant risk uninvestigated. 

Verdata, a provider of small- and medium-sized business (SMB) data and risk insights for financial institutions and fintechs, today announced a strategic partnership with FICO, a global analytics software leader, through which Verdata’s solutions will be available on FICO® Marketplace. As financial institutions, payment providers, and fintechs expand their SMB portfolios, they face growing pressure to make faster, more confident decisions with data that is often fragmented, outdated, or difficult to connect. 

Through FICO® Marketplace, organizations can now access Verdata’s actionable data and risk insights directly within their decisioning workflows. This enables teams to evaluate SMBs, monitor portfolio changes, and surface meaningful risk signals without relying on disconnected checks or new point-to-point integrations. 

Verdata brings together 25M+ public, private, and consortium-based data records across firmographics, regulatory activity, business performance, financial indicators, principals, licensing, service reputation, and ongoing change signals. For lenders, payment providers, marketplaces, and other organizations, these insights help to significantly reduce manual review, identify changes sooner, and support stronger decisions across onboarding, underwriting, lead scoring, compliance, and portfolio monitoring. 

Vestmark, Inc., a leading provider of wealth management technology and services, today announced the opening of the Vestmark Center for AI Research and Development, known as the CARD, a new Boston-based center dedicated to developing AI-enabled and software solutions for wealth management. 

The CARD expands Vestmark’s AI and research and development capabilities by providing a dedicated hub for engineering, product development, experimentation, and team growth. The center is designed to support Vestmark’s expanding advanced R&D team, attract specialized technology talent, and accelerate the development of new capabilities across portfolio management, trading, tax optimization, and advisor workflows. 

The opening of the CARD builds on a period of accelerated AI investment at Vestmark. The company recently appointed Freedom Dumlao as Chief AI Officer, expanding his role as Chief Technology Officer, and launched Vestmark Pulse under his leadership. 

WealthFeed, an AI-powered prospecting and organic growth platform for financial advisors, today announced that The Mather Group, LLC (TMG) has named WealthFeed its sole approved enterprise prospecting platform. 

Headquartered in Chicago and founded in 2011, TMG is a fee-only, planning-led national wealth manager serving high-net-worth and ultra-high-net-worth families. The firm advises on approximately $17 billion in client assets, is recognized on Barron’s Top 100 RIA Firms list and has completed more than 20 acquisitions since 2018. The agreement continues WealthFeed’s growth in the RIA space. 

Through the partnership, TMG’s approximately 100 advisors across 14 offices will have firm-wide access to WealthFeed’s platform for real-time money-in-motion intelligence, warm introduction paths, data enrichment, compliant outreach and inbound web lead capture. The platform will help advisors identify signals tied to inheritances, liquidity events, business sales, promotions and retirements, while surfacing prospects they may already be connected to. 

Webull (NASDAQ), an online investment platform, hosted its mid-year investor event in New York City yesterday, where it unveiled Vega Portfolio, the next evolution of Vega, Webull’s AI-powered decision partner. The company also showcased its expanding institutional business and previewed a pipeline of new investing and trading capabilities that underscore Webull’s evolution into a comprehensive investing ecosystem. 

Vega Portfolio builds on Webull’s existing suite of artificial intelligence-powered investing tools, helping investors research securities, analyze portfolios, understand market events and receive personalized, AI-driven guidance to make more informed investment decisions. The new capability reflects Webull’s broader vision of embedding artificial intelligence throughout the investing experience while keeping investors in control of their financial decisions. 

In addition to Vega Portfolio, Webull highlighted the expansion of Webull Institutional, which provides technology infrastructure and trading solutions for financial institutions, developers, and enterprise partners. The company also previewed several new and forthcoming platform enhancements, including managed bond portfolios, expanded access to private markets through Special Purpose Vehicles (SPVs), automated trading strategies, enhanced options capabilities, and continued international product expansion.