Latest Artificial intelligence News: Finextra Research

The rise of omnichannel digital banking

Jouk Pleiter, CEO & Founder, Backbase, talks at Sibos 2017 about how banks and their customers can benefit from them having omnichannel digital strategies, how well corporate banks are delivering seamless customer experience and consistency across multiple channels and how banks can move away from their legacy systems towards a more unified approach.

31 October 2017

Finextra TV/Artificial intelligence

Hype vs reality in the context of AI

Alan Trefler, CEO & Founder, PEGA, talks at Sibos 2017 about the transformation of AI and robotics in financial firms, whether we should take a step back and assess the risks of an AI apocalypse and what approach banks and start ups should take when implementing AI and robotics.

31 October 2017

News/Artificial intelligence

Japan's banks plan 33,000 job cuts in digital downsizing

Japan's megabanks are planning to make huge, long-term cuts to their workforces as they increasingly turn to artificial intelligence (AI) and automation in a bid to streamline operations and cut costs.

31 October 2017

Finextra TV/Artificial intelligence

Disruption is the new norm

Mike Blalock, General Manager Financial Services, Intel, talks at Sibos 2017 about the transforming financial service sector and the drivers behind it, what trends we can expect to see from 2018, how they will disrupt the sector and how engaging in strategic partnerships will allow banks and service providers to both keep up and flourish next year.

30 October 2017

Finextra TV/Artificial intelligence

Looking towards a more fragmented future

Mike Thrower, Managing Director, Head of Sales, EMEA, Broadridge Financial Solutions, talks at Sibos 2017 about the opportunities presented to banks to accelerate profitable growth through innovation, whether banks’ risks frameworks will face up to the challenges ahead and if markets are coping with increasing regulatory requirements.

30 October 2017

Company update/Artificial intelligence

Credit Suisse kickstarts AI-based stockpicking

Credit Suisse announced today the launch of the Credit Suisse RavenPack Artificial Intelligence Sentiment (AIS) Index, a result of its collaboration with RavenPack to create quantitative investment strategies from news analyses leveraging RavenPack's artificial intelligence algorithms.

30 October 2017

News/Artificial intelligence

Bank CIOs put AI, APIs and legacy modernisation at top of transformation agenda

Banking and investment services CIOs are increasingly convinced that their old business models and existing value propositions will not be sustainable in the future, according to a survey from Gartner.

30 October 2017

Company update/Artificial intelligence

Personetics AI tackles student loan debt

Personetics Cognitive Banking applications, already used by leading banks to deliver AI-powered automated savings, can now be leveraged by financial institutions to help customers repay their student loans ahead of schedule, ultimately reducing the length of debt repayment plans and saving thousands of dollars in interest payments.

26 October 2017

Company update/Artificial intelligence

AI firm Squirro lands in Singapore

Squirro, the AI-driven context intelligence and data insights solution provider, is opening its first office in Asia, looking to use the new Singapore office as a base from which to target other countries in the Asia-Pacific (APAC) region.

26 October 2017

Finextra TV/Artificial intelligence

Fintechs must broaden their customer value propositions

Victor Basta, Founder and Managing Partner, Magister Advisors, talks at Sibos 2017 about why fintechs need to broaden their customer propositions, what risks this presents to incumbents and how they are currently managing this, and what the current funding landscape for fintechs looks like.

25 October 2017

Finextra TV/Artificial intelligence

A digital future is the key to empowerment of clients.

Satvinder Singh, Global Head of Securities Services at Deutsche Bank talks about digitalisation in securities, how the securities market will evolve through the use of digital services and the beneficial impact and value this creates for clients.

25 October 2017

Finextra TV/Artificial intelligence

The era of putting band aids on legacy systems is over

Mack Gill, COO, Torstone Technology, talks at Sibos 2017 about MiFID II, what it means for the market, its specific post-trade obligations, and what penalties for non-compliance could look like.

25 October 2017

News/Artificial intelligence

Capital One: What we learned about what our chatbot learned

Ken Dodelin, vice president and head of conversational AI products at Capital One reflects on the learnings from a six-month pilot trial of the company's new conversational chatbot Eno, as the interface is rolled out commercially to all customers.

25 October 2017

Finextra TV/Artificial intelligence

Hong Kong: Ripe for new ideas from around the world

Stephen Phillips, Director-General of Invest Hong Kong, talks about why Hong Kong holds the its position as a global financial technology hub, and what the driving forces behind this are by outlining some of the major developments it has achieved and what the its future plans for growth as a fintech centre are.

24 October 2017

Finextra TV/Artificial intelligence

The transformation of global trade-the challenges, the opportunities and the solutions.

Dr Rebecca Harding, Trade Economist, Equant Analytics and Daniel Schmand, Global Head of Trade Finance, Deutsche Bank share their views on the fall in world trade, what it means for cross-border trade and how it is financed. Looking at the shifts in the way business is done today and how digitalisation, blockchain and manufacturing as a service will evolve, and the impact it all has on the future of this business.

24 October 2017

Company update/Artificial intelligence

Finn.ai raises $3 million in fuding

Finn.ai announced it has raised $3 million in its recent institutional financing round.

24 October 2017

Company update/Artificial intelligence

ATB Financial rolls out virtual banking assistant on Facebook Messenger

Today ATB Financial officially launches a virtual banking assistant to the company’s nearly 700,000 personal banking customers, working with FinTech Finn.ai to make access to secure, day-to-day personal banking as easy as initiating a conversation in Facebook Messenger.

23 October 2017

News/Artificial intelligence

JPMorgan signs global deal with 'In-Residence' technology startup

JPMorgan has signed a multi-year contract with UK-based Mosaic Smart Data - the first graduate of the Wall Street bank's 'In-Residence' technology startup programme - spanning its global fixed income trading business.

23 October 2017

Finextra TV/Artificial intelligence

Transaction banking in the Americas, the regional and global opportunities

Paul Saltzman, Vice Chairman and Head of Global Transaction Banking Americas at Deutsche Bank talks about the challenges and opportunities for the Americas, the expectation of clients operating in the region to which he is closely associated and discusses some of the issues dealing with global banking in the current climate.

19 October 2017

Company update/Artificial intelligence

AI startup Change wins BBVA Open Talent competition

An artificial inteligence startup aiming to give everyone their own virtual personal financial advisor has been named as the winner of the 2017 BBVA Open Talent Competition.

19 October 2017