The AI Boom Has a Debt Problem
Morgan Stanley forecast that AI-related global debt issuance will reach nearly $570 billion this year.
AI BFSI
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Visa and Mastercard Enter Agentic Commerce War
Visa and Mastercard are both building payment infrastructure for AI agents — fifteen days apart.
Expensify Connects Its Expense Data to Claude, ChatGPT, and Cursor
"As software shifts from menus and forms toward conversational interfaces, businesses will expect every product to work seamlessly with AI agents."
Bank of America Is Hiring 4,000 Freshers While Wall Street Debates AI Job Cuts
"We are committed to bringing in external talent to the company, at the same time managing the headcount of the company responsibly."
Q2 Holdings Launches AI Assistant to Help Banks
"Banks and credit unions don't need more disconnected AI tools. They need intelligence embedded where work already happens."
Interactive Brokers Lets Clients Trade Through Claude
"Investors are increasingly using artificial intelligence to research markets, analyze information and generate ideas."
JPMorgan Deploys AI and Robotics to Automate Processing of 130 Million Checks
JPMorgan Payments is using AI-powered robots and large language models to automate lockbox operations that process more than 130 million checks annually.
Experian and Fiserv Team Up to Stop AI Fraud Without Blocking Real Customers
Experian's broader fraud prevention suite helped clients avoid an estimated $19 billion in fraud losses globally in 2025.
Citi CFO Says AI and Global Reach Will Drive Next Growth Phase
Citi CFO Gonzalo Luchetti says the bank is shifting from restructuring to expansion as it targets higher returns and wider AI adoption.
Mastercard Launches Agent Suite to Help Merchants Succeed in Agentic Commerce
For agentic commerce to deliver meaningful outcomes for merchants, AI agents need to be embedded with secure payment capability, on top of conversational capability.
Analysts Say Mythos Is Not the Threat. Banking's Legacy Debt Is.
"AI does not create new vulnerabilities, it exposes existing ones."
FIS and InvestCloud Partner, Launch AI-Powered Wealth Management Tools for Financial Institutions.
FIS looks to help firms modernize the front office while continuing to rely on the FIS platforms that power their operations.
JPMorgan Will Hire More AI Specialists and Fewer Bankers, Dimon Says.
"There will be all different types of jobs, and I think we will be hiring more AI people and fewer bankers in certain categories, and it will make them more productive."
BankSouth Partners with FIS to Launch AI-Driven Banking Solutions
FIS, a prominent name in the financial technology sector with a history of serving fintech solutions for more than 50 years, will be providing multiple fintech services to BankSouth for its tech re...
Brookfield Sees $7 Trillion AI Infrastructure Buildout Over Next Decade
Brookfield Wealth Solutions says AI infrastructure could require $7 trillion in capital over 10 years as power, compute, and connectivity demand accelerates.
Fiserv Launches agentOS To Let Banks Deploy, Build, and Govern AI Agents
"agentOS is the first place where banks can run Fiserv's agents, build their own, and deploy from a curated set of partners, all under the same governance, identity, and audit controls."
UnitedHealth Tracks Employee AI Usage as It Expands Automation Push
UnitedHealth is monitoring employee AI tool usage inside Optum as it scales automation across claims, coding, and healthcare operations.
IFC Publishes Roadmap for Accelerating AI Investment in Emerging Markets
The handbook is authored by Lana Graf, Anastasia Nedayvoda, and Eveline Smeets from the World Bank Group's Digital and AI Vice Presidency.
EverQuote Sees LLMs as the Next Big Source of Insurance Buyers
EverQuote reported Q1 2026 revenue of $190.9 million, up 15% year-on-year.
Root Says AI-Native Insurance Model Drove Record Quarterly Profit
Root reported its most profitable quarter in company history, with executives tying underwriting gains and distribution growth to AI-driven pricing, claims, and embedded insurance partnerships.