Latest Artificial intelligence News: Finextra Research

Company update/ai

AI stock picking platform Danelfin raises €2 million

Danelfin, an award-winning company developing artificial intelligence technology to improve stock selection and portfolio management for retail investors, has raised 2M € in a funding round led by pan-European venture capital firm Nauta Capital, with participation from existing investors.

12 June 2024

Company update/identity

IDVerse alights on Temenos Exchange

IDVerse, a leading provider of Identity Verification (IDV), today announced their Generative AI trained solution is available on Temenos Exchange, the partner ecosystem of integrated fintech solutions.

12 June 2024

News/ai

Michael Kors rolls out Mastercard GenAI-powered shopping assistant

Michael Kors has become the first retailer to integrate Mastercard's generative AI assistant, Shopping Muse, into its US website.

12 June 2024

News/ai

NatWest gives chatbot a generative AI upgrade

NatWest is boosting the IQ of its digital chatbot Cora with generative AI to provide more nuanced, pro-active answers to customer queries.

12 June 2024

Company update/ai

Brightwave raises $6m for AI-powered financial research assistant

Brightwave, the AI-powered financial research assistant that generates insightful, trustworthy financial analysis on any subject, today announced $6 million in seed funding.

11 June 2024

Company update/ai

Lucinity delivers generative AI copilot plugin

Lucinity has launched a groundbreaking generative AI copilot plugin at Money2020 Europe, offering immediate ROI for financial institutions.

11 June 2024

News/payments

EBAday 2024: Fintech Zone finalists revealed!

For the sixth year running, EBAday will host a dedicated Fintech Zone, where 16 early stage and growth startups will compete for the chance to be crowned the 2024 winner.

11 June 2024

Company update/ai

ConnexPay introduce AI-boosted Intelligent Payouts

ConnexPay, the world’s first all-in-one payments platform, today announced the launch of its patent-pending Intelligent PayOuts technology.

11 June 2024

Company update/ai

Koodoo unveils GenAI digital agent to streamline home buying

Koodoo, a leader in mortgage technology innovation, is proud to announce the launch of its new Generative AI-powered Mortgage in Principle (MIP) digital agent designed to help first time buyers take their first steps towards owning a property.

11 June 2024

News/ai

Rabobank joins funding round in Hawk

German RegTech Hawk has extended its Series B funding round with an additional investment from Dutch bank Rabobank.

11 June 2024

News/people

JPMorgan hires ex-PayPal exec as CTO - Reuters

JPMorgan Chase has appointed former PayPal executive Sri Shivananda as chief technology officer, according to Reuters.

10 June 2024

News/ai

HSBC and BNY Mellon early adopters for Quantexa GenAI suite

HSBC and BNY Mellon are among the early adopter programme participants for Quantexa's Q Assist context aware generative AI technology suite.

10 June 2024

News/ai

US Treasury seeks feedback on use of AI in financial services

The US Department of the Treasury is seeking public comment on the risks and opportunities posed by the use of AI in financial services.

07 June 2024

Company update/ai

Boost.ai scores credit union contract wins

Leading conversational AI provider boost.ai today announced Credit Union of Colorado and Desert Financial Credit Union (DFCU) as new customers alongside a new strategic partnership with Pindrop, industry leaders in voice security solutions.

06 June 2024

Finextra TV/regulation

Lord Christopher Holmes of Richmond MBE on what the AI Regulation Bill Means for Fintech

At IFGS 2024, Lord Christopher Holmes provides his view on announcements such the Open Finance Task Force, which were revealed by Bim Afolami MP. Lord Holmes also dives deep into the AI Regulation Bill and how the industry can better align technology for financial inclusion and to benefit vulnerable customers.

06 June 2024

News/startups

Former Barclays CPO Megan Caywood Cooper launches AI wealthtech

Megan Caywood Cooper, former Barclays chief product officer and Starling chief platform officer, has announced her new AI wealthtech Caywood, at Money 20/20 today.

06 June 2024

Company update/ai

Commonwealth studies potential of AI in finance for Americans earning low to moderate incomes

Commonwealth released key insights gleaned from a three-year project supported by JPMorgan Chase designed to achieve the promise of artificial intelligence for all by focusing on ensuring that the needs of households earning low to moderate incomes (LMI) are understood and integrated into financial design and implementations.

06 June 2024

News/ai

ABN Amro turns to AI for trade finance automation

Dutch bank ABN Amro is working with AI platform Complidata to automate its trade finance operations.

06 June 2024

Company update/people

Tifin adds Ken Denman to board

Tifin, an early mover and leading innovator in AI-powered fintech, is thrilled to announce the appointment of Ken Denman to its Board of Directors.

05 June 2024

Finextra TV/ai

Cognizant, Rabobank, and Microsoft: Partnering to harness generative AI

Join FinextraTV as Gregory Verlinden, Vice President of Analytics & AI at Cognizant; Fred van Pouderoijen, IT Domain Manager for Payments at Rabobank; and Annette Harris, Head of Financial Services Netherlands at Microsoft, discuss the transformative impact of Generative AI on the financial services industry. Discover how engineers can leverage emerging technologies, how GenAI is reshaping the market for FSIs, and the benefits for SMEs. Learn about the role of strategic partnerships in navigating and responding to the complexities of the payments ecosystem.

05 June 2024