Artificial intelligence

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/Artificial intelligence

Hong Kong e-wallet provider TNG raises $115m

Hong Kong-based digital wallet outfit TNG FinTech has raised $115 million in a Series A funding round led by Chinese private equity group NewMargin Capital.

/Artificial intelligence

Moven builds AI into latest app upgrade

Today, the team at Moven is releasing the latest update to their financial wellness platform. The release will be available in the Google Play and App store in the United States, as the team gears up to roll out the innovations for their global bank partners.

/Artificial intelligence

Envestnet/Yodlee debuts AI-based FinCheck Wellness app

Envestnet | Yodlee (NYSE: ENV), a leading data aggregation and analytics platform powering dynamic, cloud-based innovation for digital financial services, is demonstrating its vision of the Artificial Intelligence (AI) FinCheck app at FinovateFall in New York City.

/Artificial intelligence

Veezoo to run AI proof-of-concept trial with AXA

Veezoo , a conversational Artificial Intelligence technology that enables users to understand their company’s data, has partnered with AXA Winterthur for a three months Proof of Concept (PoC) beginning July 2017.

/Artificial intelligence

The ai Corporation partners with Quatrro for fraud detection

The ai Corporation (ai), an FCA approved expert in fraud and risk management, today announced that it will be partnering with Quatrro, a leading fraud detection and prevention services provider, as part of its continued global expansion and to satisfy the increasing demand for its unique fraud and risk management solutions in the USA

/Artificial intelligence

US Bank shows off Alexa skill

US Bank customers are among the first in the nation to be able to complete banking tasks, such as checking an account balance or making a payment to a U.S. Bank credit card, simply by speaking a command to an Amazon Alexa device.

/Artificial intelligence

HCL teams up with Alpha Insight

HCL Technologies (HCL), a leading global IT services company, today announced a new strategic partnership with Alpha Insight, an intelligent products and solutions company headquartered in London, UK, with industry leading expertise in Business Flow Monitoring and Operational Intelligence.

/Artificial intelligence

Nasdaq taps machine learning tech for Nordic markets surveillance

Nasdaq, Inc. (Nasdaq:NDAQ) has announced it has successfully deployed machine learning technology across its entire Nasdaq Nordic markets-Stockholm, Copenhagen, Helsinki, Iceland-- to bolster its market surveillance efforts.

/Artificial intelligence

Deutsche Bank boss says 'big number' will be replaced by robots

John Cryan, chief executive of Deutsche Bank, has told an audience of bankers in Frankfurt that he expects a "big number" of his current staff to be replaced by robots

/Artificial intelligence

Crealogix acquires Koemei's AI technology for data and video analytics

Crealogix has purchased the cutting-edge artificial intelligence (AI) technology of Koemei.

/Artificial intelligence

Aussie banks unveil new fintech features

Two Australian banks unveiled updates to their banking services with ANZ Bank launching a voice-based identity service for mobile banking and National Australia Bank (NAB) debuting a chatbot for its business banking service.

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Trade finance startup Traydstream names Citi veteran Sameer Sehgal CEO

London-based (Trade Finance) FinTech firm, Traydstream has appointed Citi Bank’s ex – Head of Trade for Europe, Middle-East & Africa (EMEA), Sameer Sehgal, as its Chief Executive Officer (CEO). He brings over 22 years’ expertise in Trade, having held several senior roles over the years.

/Artificial intelligence

The ai Corporation employs machine learning to combat fuel card fraud

Fraud and risk management experts, The ai Corporation (ai), are helping global retailers to combat fraudulent use of fuel cards, and protect users, using artificial intelligence (A.I.) and machine-learning (ML), in a move that will revolutionise the global retail industry’s use of fuel cards.

/Artificial intelligence

Experimentation and failure key for innovation

Nektarios Liolios, Co-Founder & CEO of Startupbootcamp, and Anton Tomic Global Head of Financial Services Business Development, SAP, talk at the SAP Financial Services Forum about innovation and how it requires both an acceleration in engagement and investment, as well as a joining of forces between internal and external efforts to innovate.

/Artificial intelligence

DBS launches Digibank in Indonesia

DBS Bank, a leading bank in Asia, today officially unveiled digibank by DBS (digibank), a groundbreaking mobile-led bank, in Indonesia.

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Robo-advisor Bambu recruits three new investors

Bambu, a B2B robo-advisor platform provider, announces it has completed a funding round led by three new investors.

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Emirates NBD's AI banking robot learns Arabic

Emirates NBD’s Pepper has now learnt to speak Arabic! The artificial intelligence (AI) powered humanoid robot, brought to the UAE by Emirates NBD last year, has been widely popular due to his novel proposition and charming personality, and will now also cater to the bank’s Arabic-speaking customers.

/Artificial intelligence

RBC pilots AI-based financial insight tools

Walk the dog, make lunch, dash out the door to work, pay bills, buy groceries on the way home, binge-watch your favourite series, reset and start all over again tomorrow.

/Artificial intelligence

Corlytics named by Allen & Overy in its regtech programme

Magic Circle law firm, Allen & Overy, has named Corlytics as one of the eight companies selected to move into its Fuse programme. Fuse is a newly launched innovation space where its lawyers and technology firms team up to develop legal, regulatory and deal-related improvements.

/Artificial intelligence

Mizuho Bank employs IBM Watson to fight financial crime

Mizuho Bank, Ltd. (President & CEO: Koji Fujiwara) and IBM Japan, Ltd. (General Manager: Elly Keinan) today announced that Mizuho Bank begun to verify operations towards more advanced and efficient risk management by employing cognitive technology *1 to take measures against financial crimes such as terrorism financing that governments across the world urge financial institutions to regulate more severely.