Artificial intelligence

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/Artificial intelligence

Bank of America chatbot logs 50 million requests in first year

Bank of America today announced that its virtual assistant, Erica, is already helping more than 7 million clients stay on top of their finances through the company’s award-winning mobile app.

Discussing AI and Human Capital

/Artificial intelligence

Discussing AI and Human Capital

Karan Jain, Head of Technology Europe and Americas, Westpac, speaks at NextGenBanking London, The AI Revolution, about how disruptive AI going to be across financial services, whether banks are suitably positioned to exploit AI and how AI impacts the skills of people and business models.

Defining AI: The delta between hype and reality

/Artificial intelligence

Defining AI: The delta between hype and reality

David Bannister, Senior Analyst at Aite Group, speaks at NextGen Banking London, The AI Revolution, about the growth of AI across financial services, how advanced data analytics is being deployed in the industry and what the ethical concerns are.

Tangible areas of AI in your business

/Artificial intelligence

Tangible areas of AI in your business

Dan Reid, CTO and Founder, Xceptor, speaks at NextGen Banking London, The AI Revolution, about some of the most tangible areas where AI has demonstrated maximum benefit, whether AI is the panacea that some of the hype might suggest and what new lines of revenue AI presents.

/ai

Meridian chooses MX Pulse to deliver AI-driven insights in online and mobile banking

MX, the leading provider of financial data services, announced that Meridian is the first financial institution in Canada to choose MX for its new, self-guided financial wellness tool Pulse.

Standard Chartered rolls out Trade AI Engine

/wholesale

Standard Chartered rolls out Trade AI Engine

Standard Chartered has teamed up with IBM to launch an "augmented intelligence' engine for trade document processing.

HSBC opens London and Toronto data and innovation labs

/devops

HSBC opens London and Toronto data and innovation labs

HSBC has opened two data and innovation labs - in London and Toronto - that will house specialists in areas such as analytics and robotics working on products and services for the bank's global banking and markets (GBM) unit.

/startups

Canadian fintech startup Senso.ai raises $1.5M in seed funding

Today at Collision Conference, Senso.ai, a leading machine learning and predictive AI provider announced the close of its $1.5 million seed funding round led by BreakawayGrowth, a Silicon Valley venture capital fund, alongside NEXT Canada and Techstars.

/ai

Bill.com launches AI_enabled payments platform

Bill.com, a leader in financial process automation, today introduced the industry’s first platform leveraging artificial intelligence to provide end-to-end financial workflow automation.

Live: Swift Latin American Regional Conference - day two

/Artificial intelligence

Live: Swift Latin American Regional Conference - day two

Welcome to Finextra's live coverage of the Swift Latin American Regional Conference 2019, in Panama City. This event will focus on important issues affecting the financial industry in the region, and how the financial community can accelerate digital transformation.

Up to a fifth of capital markets jobs at risk from automation

/Artificial intelligence

Up to a fifth of capital markets jobs at risk from automation

Four hundred thousand capital markets jobs could disappear over the next decade as advances in artificial intelligence and technology decimate the workforce, according to forecasts by consultancy Opimas.

HSBC taps AI to simplify procurement process

/ai

HSBC taps AI to simplify procurement process

HSBC has signed on to use Globality's artificial intelligence-based platform for sourcing and procurement of services.

Live: Swift Latin American Regional Conference - day one

/Artificial intelligence

Live: Swift Latin American Regional Conference - day one

Welcome to Finextra's live coverage of the Swift Latin American Regional Conference 2019, in Panama City. This event will focus on important issues affecting the financial industry in the region, and how the financial community can accelerate digital transformation.

/ai

Leading Point taps Daric AI for anti-financial crime platform

Specialist Data-Driven Business Solutions company Leading Point FM will apply and augment Daric’s Artificial Intelligence (AI) platform to provide lean, accelerated solutions for Anti-Financial Crime to serve both established Financial Institutions and challenger FinTechs.

"AI is the new electricity" - TSB's Janet Adams frames the debate at Finextra conference

/Artificial intelligence

"AI is the new electricity" - TSB's Janet Adams frames the debate at Finextra conference

Finextra welcomed over 200 attendees to NextGen Banking London, the one-day event that focused on how developments in AI have become a business-critical consideration for traditional banks.

/ai

Unesco tackles gender bias in AI

A UNESCO publication produced in collaboration with Germany and the EQUALS Skills Coalition, I’d Blush if I Could, features recommendations on actions to overcome global gender gaps in digital skills, with a special examination of the impact of gender prejudice coded into some of the most prevalent artificial intelligence (AI) applications such as digital voice assistants.

/ai

Mastercard and Zivelo use AI to revamp ordering at fast food restaurants

Today, Mastercard announced a partnership with Zivelo, a leader in self-service kiosk technology, to enhance the drive-in and drive-through ordering experience for quick service restaurants (QSRs) with a first-of-its-kind AI-powered voice assistant and personalized dynamic menu.

/ai

InvestCloud appoints Will Bailey as chief strategy officer

Will Bailey has been appointed as Chief Strategy Officer at global FinTech firm InvestCloud, with a focus on product expansion.

NextGen Banking London 2019: Live blog

/Artificial intelligence

NextGen Banking London 2019: Live blog

Welcome to Finextra’s live coverage of NextGen Banking London 2019, the one-day event which will explore how the AI revolution will permeate and disrupt the financial services industry and what role the technology will play in the future of finance.

/ai

Personetics brings AI to small business banking

Following the success of its AI-driven consumer banking solutions, Personetics now brings the power of AI to small business banking.

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