TRUE, a leader in AI-powered mortgage automation, has teamed up with Candor Technology, a top provider of automated AI underwriting, to unveil Instant Income Clarity—the first solution to deliver verified, GSE-aligned income analysis in minutes directly to loan officers and branch teams, not just underwriters.
MOG Digitech Holdings Limited (01942.HK) has completed a strategic investment in Luckyins Technology (HongKong) Co., Limited, an emerging insurtech innovator, signaling a significant push to digitize insurance processes and accelerate the adoption of Web3 technologies in the sector.
Akemona has unveiled its Tokenization Cloud, a next-generation platform designed to help financial institutions and businesses adopt digital assets at scale while staying fully compliant with emerging U.S. regulations. The launch arrives as the SEC’s Project Crypto signals a regulatory shift toward embracing self-custody, decentralized exchanges, and regulated DeFi.
OTCX, a regulated fintech innovating the OTC derivatives market, has announced a multi-year partnership with BlackRock’s Aladdin® platform, aiming to modernize how complex derivatives are traded. The collaboration will bring OTCX’s electronic trading capabilities directly into Aladdin’s investment management ecosystem, providing clients with more digital alternatives to traditional voice-based workflows.
Tradr ETFs, a boutique ETF provider catering to professional traders and high-conviction investors, is set to debut five new single-stock leveraged ETFs on Wednesday, October 8. The funds, all first-to-market strategies, will list on Cboe and aim to deliver double (200%) the daily performance of their respective underlying stocks.
Snowflake (NYSE: SNOW) is expanding its AI Data Cloud capabilities with the launch of Cortex AI for Financial Services, a comprehensive suite designed to help financial institutions unify their data ecosystems and deploy AI models, apps, and agents securely—while meeting rigorous compliance and governance standards.
Behavox, the AI firm known for transforming enterprise data into actionable insights, has announced a $42 million investment in Google Cloud infrastructure and services as part of an expanded strategic partnership. The move underscores Behavox’s commitment to delivering cutting-edge AI solutions to some of the world’s largest financial services firms, including Bank of New York Mellon, J.P. Morgan, and Invesco.
BlackRock is pushing the AI frontier in wealth management. Its Aladdin Wealth™ platform is introducing Gen AI-driven features, including a new “Auto Commentary” tool that helps financial advisors turn complex portfolio analytics into concise, personalized insights for clients.
Synechron, the global digital transformation consulting firm, is consolidating its position in enterprise workflow automation with the formation of a new global ServiceNow business. The move comes via the acquisitions of RapDev, Calitii, and Waivgen, creating what the firm claims is the largest financial services-focused ServiceNow practice worldwide.
Chicago-based alternative investment manager AIR Asset Management is making a move into the fast-evolving artificial intelligence sector. The firm announced plans to explore investment products focused on pre-IPO AI companies, signaling a strategic push to diversify its alternative investment offerings.
