- Banking transformation company Finzly has launched its AI-powered security and assurance layer Assure.
- Assure provides banks and other financial institutions using Finzly’s BankOS with AI-powered security, compliance monitoring, and operational resilience that is native to the infrastructure they rely on.
- Headquartered in Charlotte, North Carolina, Finzly is a two-time Best of Show winner. The company most recently demonstrated its technology at FinovateSpring 2022.
The latest product launch from banking transformation company Finzly weaves security and continuous assurance natively into the infrastructure its banking customers rely on. Assure, Finzly’s newly released security and assurance layer, is part of the company’s Agentic Galaxy suite of AI capabilities, which powers BankOS, its modern operating system for banks. Financial institutions using BankOS will benefit from Assure’s AI-powered security, compliance monitoring, and operational resilience that is native to the infrastructure they are currently using.
“Banking is entering a new era where attacks happen at machine speed, requiring intelligence, innovation, and trust to evolve together,” Finzly CEO and Founder Booshan Rengachari said. “BankOS was created to help financial institutions continuously evolve, and never has that been more needed than with AI. We introduced Agentic Galaxy to transform banking operations with AI, and with Assure we are extending that intelligence into security and resilience, helping banks innovate faster while maintaining the trust their customers depend on.”
Finzly’s Assure will enable banks to detect and respond to fraud threats faster, leveraging AI to accelerate triage and investigation. The technology provides continuous monitoring of attack surface risks rather than relying on point-in-time reviews, and delivers security testing that covers both traditional and AI-enabled development. Assure also offers banks ongoing compliance evidence that is automatically collected instead of being compiled by hand.
The new offering comes at a time when AI-based fraud is transforming the threat environment for financial institutions. According to TrendAI’s Modern Bank Heists 2026 report, AI-powered attacks on banks and other financial institutions climbed by 89% year over year, while 67% of institutions reported that attackers were actively countering defenders during live incidents.
This underscores the value of continuous assurance. By giving banks evidence that critical controls are working as expected, AI-powered tools such as Assure can continuously monitor signals, identify anomalies, test controls, surface potential gaps, and expand the scope of security and compliance monitoring. Assure accomplishes this without the additional costs and manual efforts typically associated with these processes.
“As financial institutions embrace AI, security must evolve alongside innovation,” Finzly Chief Information Security Officer Supro Ghose said. “As AI security researcher Roman V. Yampolskiy has written, ‘our best hope to defend against AI-enabled hacking is by using AI.’ Assure represents our commitment to making security and intelligence foundational elements of BankOS, helping banks operate with greater confidence in an increasingly complex digital environment.”
Making its Finovate debut at FinovateFall 2019, Finzly is a two-time Best of Show winner, most recently demonstrating its technology at FinovateSpring 2022. At the conference, the company showed how to build and launch a new, modern, digital banking proposition in minutes using its bank operating system technology. Finzly’s BankOS is a modern operating system for banks that manages traditional and tokenized money and the movement of that money through ACH, wires, RTP, FedNow, SWIFT, and other payment rails via ISO 20022-native processing. Finzly offers banks a single platform with advanced payment processing and a unified ledger that enables them to modernize payments and launch new products and services. Headquartered in Charlotte, North Carolina, Finzly was founded in 2012.
Photo by Mahoney Fotos
