Latest Artificial intelligence News: Finextra Research

Tieto appoints bot to leadership team

Sandinavian tech firm Tieto has appointed an artificical intelligence agent to the leadership team of a new data-driven business unit, giving the bot the opportunity to participate in team meetings and cast a vote on business direction.

18 October 2016

News/Artificial intelligence

The bank of the future will be invisible - KPMG

By 2030, technology will have made banks and banking invisible to customers, hidden by Siri-like personal assistants that cull data from our connected lives to fulfil daily personal and financial obligations, claims KPMG.

18 October 2016

News/Artificial intelligence

RegTech startup ComplyAdvantage raises $8.2m

ComplyAdvantage, a London-based regtech startup which uses artificial intelligence and machine learning to help firms meet AML and terrorst financing rules, has raised $8.2 million in a Series A funding round led by Balderton Capital.

13 October 2016

News/Artificial intelligence

BNP Paribas uses fitness bands and AI to measure employee stress levels

Hundreds of BNP Paribas employees have taken part in a pilot that saw them wear Microsoft Band 2s that gathered biometric data to measure their stress levels.

13 October 2016

News/Artificial intelligence

Banking in the age of AI

Julia Krauwer, artificial intelligence expert at ABN Amro, discusses how advances in machine learning are increasingly being applied to an array of business-to-consumer interactions, including banking.

10 October 2016

News/Artificial intelligence

SEB AI agent Amelia to take a bow with customers

SEB is to roll out a new artificial intelligence agent named Amelia as part of its customer support team.

06 October 2016

News/Artificial intelligence

IBM to acquire Promontory; create AI-driven compliance subsidiary

IBM is to acquire risk management and regulatory compliance consulting firm Promontory Capital and create a new subsidiary, Watson Financial Services, in which it will use artificial intelligence technology to keep pace with the rapidly changing financial reporting landscape.

29 September 2016

Company update/Artificial intelligence

Banks see strong potential for AI in payments - Finextra Research

Pelican, a leading provider of solutions to the financial services sector, today released the findings of its global survey ‘Leveraging artificial intelligence for payments efficiency’, which explores the attitudes of senior payment professionals within banks and corporates towards the use of artificial intelligence (AI) in supporting the payments business and related processes.

26 September 2016

Company update/Artificial intelligence

EWise ships financial data API

eWise, leading provider of financial data aggregation and money management solutions, has launched its new financial transaction Categorisation-as-a-Service API (CaaS) for Financial Institutions and Fintechs.

26 September 2016

Company update/Artificial intelligence

Almax puts AI to work on information overload in capital markets

Almax Analytics, a software platform delivering actionable insights, announced today they have emerged from stealth (development) with a customer ready product for the Financial Markets.

22 September 2016

News/Artificial intelligence

Wealth management firms to embrace tech and see off fintech insurgents - report

Wealth management firms are falling short of client expectations when it comes to their use of technology, but established players in the field are likely to respond well to the digital revolution and will not be displaced by fintech insurgents, new research from Roubini ThoughtLab suggests.

21 September 2016

Company update/Artificial intelligence

Canadian AI-powered online wealth management platform goes live

On Wednesday September 21st, Responsive Capital Management, an online wealth manager powered by artificial intelligence (AI) technology, will offer consumers access to technology typically only within reach of the wealthy.

21 September 2016

Company update/Artificial intelligence

Yandex browser uses AI to secure online banking

Yandex, a leading mobile and internet search provider, has introduced a new, enhanced protection against data theft for Yandex Browser users.

15 September 2016

Company update/Artificial intelligence

Habito unleashes Digital Mortgage Adviser

UK tech startup, habito, has launched the world’s first artificially intelligent Digital Mortgage Adviser (DMA) allowing millions of consumers to discuss their mortgage needs from any connected device, 24/7, without requiring a human broker.

12 September 2016

Company update/Artificial intelligence

Italian digital bank Widiba expand use of virtual assistant tech from Artificial Solutions

Artificial Solutions, the natural language interaction (NLI) specialist that enables users to have a meaningful, humanlike interaction with technology, today announced that Italian online bank, Widiba, has expanded and upgraded its use of the Teneo platform to enable new intelligent features in its digital employee and benefit from faster development timescales.

08 September 2016

News/Artificial intelligence

German bank bids to unleash innovation with tech-packed 'playroom'

German cooperative bank Volksbank eG Schwarzwald Baar Hegau has become the first client to install NCR's new 'innovation experience room', a space packed with the latest technology, such as virtual reality headsets and drones, that is designed to help build digital literacy among employees and customers.

18 August 2016

News/Artificial intelligence

Rise of the bots: DBS to put virtual assistant in Facebook Messenger

Singapore's DBS is rolling out conversational AI technology that will allow customers to manage their money and make payments in Facebook Messenger and WhatsApp.

17 August 2016

News/Artificial intelligence

Fintech founder calls Aussie banks hyprocrites over Apple Pay complaints

The founder of an Australian robo-advisor has accused the country's banks of hypocrisy over their cries of anti-competitive behaviour from Apple Pay

29 July 2016

Company update/Artificial intelligence

DBS kicks off second accelerator round

Following the success of the inaugural DBS Accelerator in Hong Kong in 2015, DBS Bank (Hong Kong) today kicked off the second edition of the programme.

25 July 2016

News/Artificial intelligence

Santander doubles down on fintech fund

Santander has doubled the size of its fintech investment fund, from $100 million to $200 million, in what the bank describes as a sign of commitment to its philosophy of collaborating with startups.

19 July 2016