PEX Launches AI Built to Earn Finance Teams' Trust, One Workflow at a Time
PEX launched PEX AI, adding spend management automation and connections to external AI assistants like Claude and ChatGPT.
Financial IT·14 Oct 2026
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PEX launched PEX AI, adding spend management automation and connections to external AI assistants like Claude and ChatGPT.
Global Screening Services has partnered with Storm Reply to deploy AI-powered cloud capability for transaction screening.
Pay.UK's David Crawford outlined at Sibos how deterministic and probabilistic AI models are combined to manage payment fraud risk.
Researchers demonstrated that removing safety guardrails from AI models can enable them to generate instructions for harmful acts.
Hadrian raised $40M in Series B funding led by Forgepoint Capital International to expand its AI offensive security platform.
Block uses OpenAI models within its security team to investigate cyber threats and propose software patches in minutes.
AI agent deployment shifts data platforms from passive query engines to active execution environments requiring runtime controls.
Bain reports healthcare executives see 3.5x ROI from AI faster than expected, though gains vary significantly by use case.
ASML projects AI chip demand will exceed supply for two more years, driven by strong demand from key clients TSMC and Intel.
Gemini 4 Argon achieves generally availability while benchmark evaluations independently validate performance claims.
Abu Dhabi Islamic Bank shareholders approved a AED 1.75 billion rights issue to fund digital expansion and AI investment.
Financial Times commentary argues for an initiative uniting banks, regulators, and AI labs like OpenAI and Anthropic.
Manulife launched an Advisor AI Assistant to expand AI-enabled underwriting support for its financial advisors.
Ocrolus integrates its document fraud detection tool into mortgage workflows at no extra cost for existing lender customers.
Google DeepMind and GovTech Singapore developed lightweight, on-device Gemma models to intercept conversational scams without cloud data egress.
US authorities arrested a Saudi OpenAI employee for allegedly placing a listening device in an OpenAI conference room.
Apple ML Research introduces tri-modal Masked Diffusion Models pretrained from scratch on text, image-text, and audio-text data.
Apple ML Research proposes a lightweight method to detect code-switching in speech without requiring full multilingual transcriptions.
McKinsey insight highlights that organizations should measure AI value rather than adoption to deploy automation cost-effectively.
McKinsey insight argues AI-enabled planning shifts supply chain decisions from fixed cycles to real-time operations.
Capco outlines five cybersecurity trends for 2026 in financial services, highlighting AI-driven threats, DORA, and zero trust.
ECB Executive Board member Frank Elderson discusses financial resilience amid economic and geopolitical uncertainty.
French software vendor SBS launched what it claims is the first sovereign AI platform developed specifically for core banking.
Google announced the release of Gemini 4 Argon, a frontier model marketed for complex multi-domain tasks including finance and coding.
Splitit announced plans to launch the Splitit World Mastercard, a white-label credit card allowing shoppers to split installment purchases.
Nvidia details how AI agents can rewrite Apache Spark user-defined functions for GPU acceleration.
Goldman Sachs CEO David Solomon raised concerns during Q3 earnings about funding risks for multi-trillion-dollar AI infrastructure expansions.
Over 400 scientists signed an open letter urging organizations to adopt high-assurance AI containment systems and incident reporting.
A federal judge ordered OpenAI to hand over hiring records and private messages in a trade secrets lawsuit filed by Apple.
Broadcom comments on speculative AI spending triggered market declines across major semiconductor stocks including Samsung and SK Hynix.