Artificial intelligence

1134 articles tagged with this keyword

/ai

NextGen: AI – OpenAI, others facing delays with training new LLMs

Join us in London on 26 November to explore the current AI challenges, opportunities, and the future of AI in financial services.

/ai

FinCEN warns banks about deepfake threat

The US Treasury Department’s Financial Crimes Enforcement Network (FinCEN) has issued an alert to help banks to spot GenAI-generated deepfake scams.

/retail

Canada's Neo raises C$360m in equity and debt

Canadian fintech Neo Financial has raised C$110 million in equity and another C$250 million in debt to fuel its efforts to take on the country's big five high street banks.

/retail

Argentinian fintech Ualá hits $2.75bn valuation on $300m funding round

The VC arm of insurance giant Allianz has led a $300 million Series E funding round for Ualá which values the Argentinian mobile banking player at $2.75 billion.

/ai

NextGen: AI – UK AI market poised to grow six-fold

Join Finextra at our inaugural London event at the end of November to redefine the role of AI in financial services and explore why the UK AI market is set to grow exponentially.

/ai

BBVA to train top executives in GenAI

BBVA is creating a training programme to give its top executives a grounding in the use of GenAI to improve productivity.

/ai

NextGen: AI – Exploring the impact of generative AI in financial services

Join Finextra at our inaugural London event at the end of November to redefine the role of AI in financial services and explore the impact of generative AI.

/sustainable

Tehanu completes world’s first ‘interspecies money’ transfer

Africa-based startup Tehanu has completed its first ‘interspecies money’ transfer, which enables the transfer of funds through digital wallets associated with the conservation of Rwandan mountain gorillas.

/ai

Commbank comes clean over energy and water consumption for AI

Commonwealth Bank of Australia has clarified comments made by the bank's chairman at its general meeting over the use of renewable power sources and water to support its AI models.

/payments

Airwallex in talks on funding at $6bn valuation - report

Singapore-based payments firm Airwallex is in talks to raise $200 million at a $6 billion valuation, according to Bloomberg.

/ai

Mastercard rolls out first of a suite of GenAI assistants

Mastercard has launched a GenAI-based digital assistant designed to speed up customer onboarding.

/ai

ANZ overhauls operations

Australia's ANZ is overhauling its business to create a new unified operations unit and a group-wide data and analytics function.

/ai

Australia's Asic highlights governance lag in AI adoption

Australia's Securities and Investment Commission (Asic) is urging financial services and credit licensees to ensure their governance practices keep pace with their accelerating adoption of artificial intelligence.

/inclusion

Creating green jobs through biodiversity conservation: Tehanu AI’s pilot project

Speaking to chief experts of Tehanu AI, Tosca Tindall and Patrick McSharry, Finextra learned about their nature-finance focused business that is working to incentivise nature stewardship by creating green jobs.

/cloud

Citi signs with Google Cloud for AI

Citi has inked a multi-year agreement with Google Cloud that will see the US banking giant tap into the vendor's Vertex AI platform.

/ai

Fintech investment sector remains muted

Venture capital investment in US fintech remains muted, hovering near a six-year low for the sector, as deal flow has shifted toward the early stage, according to a report from Silicon Valley Bank.

/ai

NextGen: AI – Meet the speakers

Join Finextra at our inaugural London event next month to redefine the role of AI in financial services.

/payments

AFP: Truist Bank exec says speed and simplicity is how to delight customers

Finextra sat down with Chris Ward, EVP enterprise payments for Truist Bank, to talk about what he sees coming in the future of payments.

/ai

Morgan Stanley rolls out AskResearchGPT to institutional securities staff

Morgan Stanley has rolled out a generative AI-powered assistant to support staff in surfacing and distilling insights from its extensive research library.

/ai

Lunar launches GenAI Native Voice Assistant

In a European first, Nordic challenger bank Lunar has launched a virtual assistant using GenAI Native Voice technology.