3987 articles tagged with this keyword
News/payments
Tencent's WeChat Pay will start giving its 600 million users a credit rating, using an AI-based system to determine people's "trust" value, according to local press reports.
14 May 2020
Company update/crime
Slimmer AI has raised an investment of €4 million from a group of long-term strategic investors and experienced fintech entrepreneurs.
13 May 2020
Company update/startups
Vise, an AI-driven investment management platform built for the modern financial advisor, today announced that it has secured $14.5 million in Series A funding, bringing the total capital raised since Vise's founding to over $16 million.
12 May 2020
Company update/payments
Payoneer, the digital payment platform empowering businesses around the world to grow globally, today announced a partnership with ANNA banking and admin app to provide easy, secure international payments for small businesses and freelancers.
11 May 2020
Company update/retail
Novantas, a leading provider of data, platforms and advisory services to the banking industry, announced today that it has acquired the intellectual property and assets of Amplero, a Seattle-based AI-marketing optimization platform.
08 May 2020
News/startups
Symend, a Canadian startup that helps companies such as financial institutions and utilities identify and assist customers struggling to pay bills, has raised US$52 million in a Series B funding round led by Inovia Capital.
07 May 2020
Boosted.ai, the leading distributed machine learning platform for global investment professionals, today announced the closing of an $8 million USD Series A financing round, led by Portag3 Ventures.
05 May 2020
Company update/people
Axyon AI, a leading AI provider for the asset management industry, has appointed Francesca Campanelli as its new Chief Commercial Officer (CCO).
North Wales fintech, monva has announced it has exceeded its initial crowdfunding target of £250,000, as it enters a period of overfunding across the next two weeks.
04 May 2020
News/wealth
American financial holding company Northern Trust’s head of front office solutions, Melanie Pickett, tells Finextra Research about some of the complexities in delivering reliable data analytics to institutional clients, which are of even greater importance during periods of volatility such as now.
30 April 2020
Resistant AI, a security company that helps to protect AI systems from targeted manipulation, adversarial machine learning attacks and advanced fraud, has raised $2.75 million in funding.
Company update/cloud
Temenos (SIX: TEMN), the banking software company, announced today a joint effort with Microsoft to enable access to its AI-powered, Financial Crime Mitigation (FCM) SaaS solution to allow banks to protect both their customers and their organization from financial crime increase during the pandemic, particularly as banks have moved to remote working to protect their staff.
News/security
In response to the European Commission’s strategy for data released in February, Vikram Khurana, senior associate, Bristows LLC argues that “The EC is saying trust needs to be the bedrock of AI. If the industry can tackle this issue and build trustworthy AI systems, AI is more likely to be accepted and taken up by businesses and individuals.”
29 April 2020
News/wholesale
The markets business of UK bank NatWest is rolling out a data science and machine learning platform from AI specialist Dataiku, with the goal of deepening collaboration between technical staff and front office users.
Celonis, the market leader in AI-powered process mining and process excellence software, today launched the next generation of its platform, enabling customers and partners to develop purpose-built Operational Applications.
28 April 2020
US fintech Digits is launching its expense monitoring dashboard for small businesses after closing a $22 million Series B funding round led by GV (previously Google Ventures).
News/sustainable
In conversation with Finextra TV, Antony Jenkins, founder and executive chairman of 10x Future Technologies and former Barclays CEO, highlights that the single most important factor in the push toward sustainability is transparency.
27 April 2020
News/regulation
Regtech startup Nexus FrontierTech has joined forces with Abu Dhabi Global Markets (ADGM) to pilot an AI-based system to automate the licence application process for VC fund managers entering the emirate.
News/crypto
South Korea's LG CNS is trialling a pay-by-face system at its staff cafeteria that uses AI, blockchain and cloud technology to let people pay with a special "community currency".
23 April 2020
Temenos (SIX: TEMN), the banking software company, announced today the launch of Explainable AI (XAI) models to enable banks and credit unions to rapidly offer loans to small and medium enterprises (SMEs) that have seen their cash flow disrupted by the Covid-19 outbreak.
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