business
Backbase buys Kasisto to expand agentic AI banking capabilities
Key takeaways
- Backbase buys Kasisto to expand agentic AI banking capabilities.
- Kasisto’s platform, its financial services intelligence and its team in New York have been folded into Backbase and its AI-native Banking OS.
- The company said adding Kasisto to the core of its AI-native Banking OS would help banks address customer requests via “intelligent execution”.
Backbase buys Kasisto to expand agentic AI banking capabilities. The deal brings together AI capabilities · Retail Banker International Vidhya Edwards Munnangi Wed, June 24, 2026 at 6:16 PM GMT+7 2 min read Backbase has acquired Kasisto, an agentic AI platform provider for banks and other financial institutions, for an undisclosed sum.
Kasisto’s platform, its financial services intelligence and its team in New York have been folded into Backbase and its AI-native Banking OS.
According to Backbase, the transaction is part of its plan to build what it calls the Unified Frontline, “one operating model where customers, employees, and AI agents operate as one with shared context, governed authority, and the same source of customer truth”.
Article preview — originally published by Yahoo Finance. Full story at the source.
Read full story on Yahoo Finance →
More top stories
Aggregated and edited by the Scoop newsroom. We surface news from Yahoo Finance alongside other reporting so you can compare coverage in one place.
Editorial policy · Corrections · About Scoop