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AI BFSI

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

Goldman Sachs Says AI Will Displace 15 Million US Workers

By Sachin Mohan | July 6, 2026

"If we look back over the last 80 years, around 85% of job growth has been driven by the technological creation of new positions."

Webull Unveils Vega Portfolio, an AI-Powered Portfolio Advisor

By Sachin Mohan | July 3, 2026

"Artificial intelligence is fundamentally changing how investors interact with financial markets."

JPMorgan's AI Chief Steps Down Just as the Bank Deploys What She Built.

By Sachin Mohan | July 3, 2026

"Teresa has played a pivotal role in building and transforming some of our most important institutional businesses."

Expensify Wants Its AI to Eliminate Work, Not Create a New Interface to Learn

By Sachin Mohan | July 2, 2026

"AI should eliminate work, not create another interface to learn."

AI Is No Longer a Pilot for FactSet. It Cut 10% of Its Tech Workforce to Prove It.

By Sachin Mohan | July 2, 2026

"One of the top 10 literally doubled their data subscriptions with us because of AI."

FactSet and Google Cloud Are Building a New Generation of AI Agents for Finance

By Sachin Mohan | July 1, 2026

"AI is fundamentally shifting how financial professionals access data, derive insights, and make decisions."

Three Brokerages Gave AI the Keys. Three Others Locked the Door.

By Sachin Mohan | June 30, 2026

How much authority should an AI agent actually have over a customer's money?

Personetics Embeds AI Into Fiserv's Experience Digital to Expand Personalized Banking

By Ridhika Basnet | June 30, 2026

The integration links AI-driven engagement to deposit growth, retention, and wallet share for participating financial institutions.

ReSource Pro Acquires Flow Specialty to Build An AI Factory for Insurance Operations

By Sachin Mohan | June 25, 2026

"What we built at Flow, we can now expand across every function within ReSource Pro."

Lloyds Banking Is Hiring 300 AI Specialists by September

By Sachin Mohan | June 23, 2026

"AI will reshape how organisations are structured."

The Hottest Job in Banking is Set to Become Obsolete

By Sachin Mohan | June 22, 2026

"Any chief AI officer should operate on the premise that they should not have a role in the future."

Aether Holdings Launches Alphid With Brokerage Connectivity Across More Than 30 Firms

By Sachin Mohan | June 19, 2026

"We believe the future of investing will be increasingly driven by AI-powered intelligence."

HSBC and Google Cloud Announce AI Partnership Targeting 200 New Use Cases

By Sachin Mohan | June 17, 2026

"Our partnership with HSBC is a blueprint for the future of the financial services industry."

Wells Fargo Claims AI Spending Is Now America's Growth Engine

By Sachin Mohan | June 17, 2026

Wells Fargo says the US economy is rotating from consumer-led to investment-led growth, powered by AI capital spending.

The AI Boom Has a Debt Problem

By Sachin Mohan | June 12, 2026

Morgan Stanley forecast that AI-related global debt issuance will reach nearly $570 billion this year.

Visa and Mastercard Enter Agentic Commerce War

By Sachin Mohan | June 11, 2026

Visa and Mastercard are both building payment infrastructure for AI agents — fifteen days apart.

Expensify Connects Its Expense Data to Claude, ChatGPT, and Cursor

By Sachin Mohan | June 9, 2026

"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

By Sachin Mohan | June 4, 2026

"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

By Sachin Mohan | June 3, 2026

"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

By Sachin Mohan | June 2, 2026

"Investors are increasingly using artificial intelligence to research markets, analyze information and generate ideas."