9 AI News and Ratings on Wall Street’s Radar

5. Axos Financial, Inc. (NYSE:AX)

Number of Hedge Fund Holders: 25

Axos Financial, Inc. (NYSE:AX) provides consumer and business banking, mortgage lending, and investment services across the U.S. through its banking and securities segments.

On February 19, Ascendion and Axos Bank announced their partnership to improve the Zenith platform using AI-driven engineering, aiming to improve banking and accounting for high-net-worth clients. Zenith is a comprehensive financial management solution that integrates accounting, cash management, bill pay, payroll, and relationship management into one platform, catering to business managers and family offices.

The partnership integrates AI and predictive analytics to create personalized customer experiences, improve efficiency, and reduce costs. Some important features include a modern architecture, self-healing algorithms, and AI-enhanced development using Ascendion’s AVA+ platform. Both companies aim to redefine digital banking by making financial interactions faster and more intuitive.