Banking

Interactive Brokers is latest fintech to apply for bank license

Retail trading platform Interactive Brokers Group is the latest tech provider to apply for a banking license. “On Dec. 18, 2025, Interactive Brokers filed for an  Non-depository National Trust...

December FinAi funding: VC expects AI funding to gather momentum in 2026

Venture capitalists cautiously funded fintechs in 2025 as they continued their investment spree into AI-driven fintech companies and are expected to spend more in 2026.  “AI-driven fintech funding in...

J.P. Morgan Payments’ Matthew McCown to speak at FinAi Banking Summit

Matthew McCown, executive director of the data and analytics team at J.P. Morgan Payments, will speak Tuesday, March 3, 2026, at the FinAi Banking Summit.  The event will take place...

Citizens: Private equity firms prioritizing internal AI development

Private equity companies are cautiously deploying homegrown AI solutions as PE emerges as a major financing option for maturing companies looking for money beyond venture capital.  The share of PE firms partnering with external...

Finastra’s AI-powed solution saves 2 hours on each loan closure

Finastra is looking to help its bank clients streamline their mortgage lending processes with AI with multiple lending solutions.  The London-based fintech has launched multiple AI-driven solutions including Loan IQ and LaserPro and is seeing banks gain efficiencies with its offerings, Andrew Bateman, executive vice...

December FinAi Transactions: Red Rocks Credit Union, Interface.ai launch AI agent

Red Rocks Credit Union teamed up with Interface.ai to develop an AI agent for the credit union’s call center.  Since the launch of Roxie, the credit...