In a bold leap for digital transformation in finance, FlowX.AI has introduced FlowX.AI 5, a groundbreaking evolution in enterprise AI designed to revolutionize banking modernization. Built for speed, security, and scalability, the platform enables continuous innovation—without the cost, disruption, or limitations of legacy system overhauls.
The adoption of generative AI in financial crime detection remains limited, largely due to several key challenges. First, there is a natural reluctance within teams, driven by concerns about AI’s complexity, uncertainty about its practical benefits, and fears of job displacement. Additionally, legacy technologies pose a significant barrier. Many organizations still rely on outdated governance, risk, and compliance (GRC) systems that are costly to maintain and incompatible with modern AI solutions, making integration appear both daunting and expensive.
Global financial services orchestration platform Yuno has officially announced the launch of its European headquarters in London. Unveiled during London Tech Week 2025, this move marks a major step in Yuno’s international expansion and underlines its commitment to supporting its growing base of global merchants and fintech partners.
FTX Recovery Trust and FTX Digital Markets Ltd. (FTX DM) have entered into an agreement with Payoneer, a global fintech company, to serve as a new distribution service provider to help process recoveries for customers under the approved FTX Chapter 11 Plan of Reorganization and the Bahamian liquidation process. Distributions through Payoneer will begin after May 30, 2025.
Wealthbox, the top-rated CRM platform for financial advisors, has announced a $200 million majority investment from Sixth Street Growth, signaling a major inflection point for the company as it scales product development, AI innovation, and enterprise adoption
Covius Services, LLC, a prominent provider of tech-driven financial solutions, has signed a definitive agreement to acquire Title365 Holding Co. from Blend Labs, Inc. This strategic acquisition marks a significant milestone in Covius’ growth, expanding its capabilities across the mortgage lifecycle, particularly in title insurance and settlement services
Parlay Finance, the AI-driven Loan Intelligence System (LIS) startup, has raised $2 million in seed funding led by JAM FINTOP. This investment will help Parlay scale its technology, targeting a $1.4 trillion opportunity in small business lending by empowering community banks and credit unions to lend more efficiently and profitably
Routable, a leader in accounts payable automation, unveiled its latest AI innovation—predictive bill coding—at the Sage Future conference in Atlanta. This powerful new feature advances Routable’s end-to-end invoice automation capabilities, enabling a near-touchless experience for finance teams.
AuditPro.ai, a Memphis-based startup, has launched a powerful AI-driven platform designed for auditors, CFOs, and investors. Built to enhance the speed, accuracy, and value of financial audits and reviews, AuditPro.ai combines cutting-edge AI capabilities with a user-friendly interface to simplify and accelerate assurance processes across the financial landscape
Cross River Bank, a leading provider of embedded finance solutions, has launched Request for Payment (RfP), a groundbreaking enhancement to its instant payment offerings. This feature streamlines inbound money movement across the Real-Time Payments (RTP)® network, offering faster and more reliable funding options. Plaid is the first partner to adopt RfP, enabling instant purchases via its bank payments platform, Plaid Transfer
