AIM Media House

AI BFSI

Latest AI BFSI news, analysis and insights from AIM Media House

JPMorganChase Joins Anthropic's Project Glasswing

By Sachin Mohan | April 8, 2026

"Given the rate of AI progress, it will not be long before such capabilities proliferate, potentially beyond actors who are committed to deploying them safely."

Jamie Dimon Says AI Will Touch Every Function at JPMorgan Chase

By Sachin Mohan | April 7, 2026

"The pace of adoption will likely be far faster than prior technological transformations, like electricity or the internet."

Visa Is Quietly Rewriting the Rules of Payment Disputes

By Sachin Mohan | April 2, 2026

"Disputes put strain on every part of the payments ecosystem, frustrating consumers, while driving cost and complexity for merchants and financial institutions."

FactSet Bets on Agentic AI to Automate the Investment Banking Deal Cycle

By Sachin Mohan | March 31, 2026

"At FactSet, we envision a future in which powerful intelligence and AI agents seamlessly enhance one another."

Bank of America Puts AI in the Meeting Room for Its Wealth Advisors

By Sachin Mohan | March 30, 2026

Merrill Wealth Management and BofA have launched an AI meeting solution that can save advisors up to four hours per meeting.

Mastercard's New AI Doesn't Read. It Counts.

By Sachin Mohan | March 23, 2026

"We believe this same gen-AI technology won't just transform chat, it will transform commerce."

AIG and McGill & Partners Use Agentic AI to Deploy Insurance Capacity in Real Time

By Sachin Mohan | March 17, 2026

"This collaboration has the potential to disrupt the dynamics of the subscription market"

Insurance Companies Have a New Product: Not Needing Them

By Mukundan Sivaraj | March 12, 2026

Sensors, satellites, and telematics are turning U.S. insurers into something closer to safety companies

J.P. Morgan Payments and Mirakl Enable AI Agents to Buy Autonomously

By Sachin Mohan | March 12, 2026

"We are entering an era where AI agents won't just assist with shopping, they will transact"

Once Opposed to 'Work From Home,' Jamie Dimon Says AI Will Enable a Four-Day Workweek

By Sachin Mohan | March 9, 2026

Jamie Dimon, CEO of JPMorgan Chase, believes AI could reduce the workweek to four days within three to four decades while boosting productivity.

Morgan Stanley Cut 2,500 Jobs. Its Own Researchers Saw It Coming

By Mukundan Sivaraj | March 6, 2026

The back-office roles eliminated this week match precisely what Morgan Stanley's own research identified as automation's first casualties

Sowell Management Outsourced Its AI Strategy. Data Suggests That's the Right Call

By Mukundan Sivaraj | March 4, 2026

A partnership with Altruist reflects where most mid-sized advisory firms are landing on the build-vs-buy question

Goldman Sachs Tests Agentic AI for Trade Surveillance

By Sachin Mohan | March 2, 2026

After decades of automating trades, Goldman tests AI agents for real-time surveillance.

Mastercard’s AI Payment Pilot Puts Pressure on Visa

By Mukundan Sivaraj | March 2, 2026

Santander processed what the companies describe as Europe’s first AI-agent transaction. Visa is betting on network reach and standards instead

AI Could Hit Borrowers Before It Hits Banks, Says JPMorgan

By Mukundan Sivaraj | February 25, 2026

Highly leveraged software firms face rising borrowing costs as AI reshapes their markets

AI Is Expensive. Small Banks May Pay the Price

By Mukundan Sivaraj | February 19, 2026

At the largest banks, AI is embedded in core workflows. For smaller institutions, the cost of keeping up may accelerate mergers

Goldman Says Young Bankers Are Still Core, But AI Is Changing What That Means

By Mukundan Sivaraj | February 16, 2026

CEO David Solomon acknowledges time allocation and staffing may evolve as generative AI absorbs portions of entry-level banking work

JPMorgan Names Halamish as COO to Accelerate AI Implementation

By Sachin Mohan | February 13, 2026

Guy Halamish, who has spent more than 20+ years at JPMorgan, steps into this role with a focus on maximising the impact of AI.

AI Just Hit Wealth Management’s Core Business

By Mukundan Sivaraj | February 11, 2026

A tax-planning tool from Altruist rattled Schwab and Morgan Stanley. Now the industry faces a cost-to-serve reckoning

James River Turns to AI After a Volatile Year

By Mukundan Sivaraj | February 11, 2026

With its E&S combined ratio down to 88.3% in Q3 2025, the insurer embeds Kalepa into submission intake and risk triage