Finance AI Impact News
OfBusiness + Indian Designs (April 2026): Ahead of its planned $1 billion IPO, OfBusiness is picking up a stake in apparel exporter Indian Designs to strengthen its manufacturing-linked financial ecosystem.Visa Intelligent
Commerce (VIC) (2026): Visa is rolling out its VIC framework, which enables "agentic commerce" where AI agents can complete purchases on behalf of users using secure tokens.
JPMorgan Chase Budget Hike: JPM announced a $19.8 billion technology budget for 2026—a 10% year-over-year increase—with a specific focus on AI across call centers, personalized client insights, and developer productivity.
Westpac NZ + Microsoft: Westpac NZ became the first major New Zealand company to launch enterprise-wide AI tools via Microsoft to streamline internal workflows.