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Allfunds introduces AI-powered navigation assistant

Allfunds, one of the leading B2B WealthTech platforms for the funds industry, today announces the launch of ANA (Allfunds Navigation Assistant), a new AI powered feature which improves usability and functionality for Allfunds Connect users, both Fund Houses and Distributors, to better navigate the platform and evolve their experience.

What is the global AI legislative outlook?

/Artificial intelligence

Dominique Dierks Senior Content Manager at Finextra

What is the global AI legislative outlook?

Thoughtworks partners with AWS to accelerate generative AI adoption

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Thoughtworks partners with AWS to accelerate generative AI adoption

Thoughtworks, a global technology consultancy, has entered into a Strategic Collaboration Agreement (SCA) with Amazon Web Services (AWS) to help enterprises implement generative AI (GenAI) solutions and tackle industry challenges in Asia Pacific.

Why financial technology can make global payments a frictionless process

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Why financial technology can make global payments a frictionless process

Both consumers and businesses, as technology has developed, have begun to rely on global payment services for a variety of uses. As the process becomes more and more digitised, fintech firms are focussed on better speeds and transparency whilst remaining just as, if not more, secure.

10 trends that will impact payments in 2025, according to Mastercard

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10 trends that will impact payments in 2025, according to Mastercard

In this preview of a Mastercard report being released in early 2025, leaders at the card processer say that generative AI is emerging as critical to boosting fraud protection rates by as much as 300%.

/ai

GFT and Databricks vow to democratise AI across North America

Insurers and financial service organizations across North America are under increasing pressure to integrate AI into their operations in order to drive new efficiencies both internally and for their customers.

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Interactive Brokers introduces AI-generated news summaries

Interactive Brokers (Nasdaq: IBKR), an automated global electronic broker, announced the introduction of AI-generated news summaries to its News & Research offering.

/ai

Everyday Loans signs multi-year licence agreement with Jaywing

Data science consultancy Jaywing announces a strategic three-year partnership with Everyday Loans, a leading UK consumer finance provider, to implement advanced AI and machine learning solutions across their business operations.

Eviden and Ordo pilot open banking-based bill payment platform

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Eviden and Ordo pilot open banking-based bill payment platform

Atos Group unit Eviden is teaming up with fintech Ordo and blockchain company ByzGen to pilot an open banking-based bill payment service.

AML firm Themis raises £7.25m

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AML firm Themis raises £7.25m

Financial crime prevention platform Themis has raised £7.25 million in scale-up funding.

/ai

Fulton Bank signs up for Nice customer engagement kit

NICE (Nasdaq: NICE) today announced that Fulton Bank, a financial service holding company, is taking the next step in its digital transformation by selecting NICE’s Enlighten-powered agent assist and self-service solutions.

Why Only 20% of Your Data is Valuable

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Why Only 20% of Your Data is Valuable

One factor to apprehensive AI adoption is the overwhelm organisations feel when approaching their data, especially those that are not yet digital first. While attending Finextra’s inaugural ‘NextGenAI’ event, Jonathan Ede, Director of Data Technology, CACI joined the studio to discuss his belief that only 20% of data is valuable. This in mind, he explains, enables organisations to approach AI and digitisation much more effectively and efficiently, whilst listing the pillars of AI: strategy, data and integration.

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Genesis Global releases new developer portal and AI-driven tools

Genesis Global introduced a new developer portal and new AI-driven tools to help financial sector developers deliver financial markets-grade applications ten times faster.

Which are the most impactful AI use cases for financial services?

/Artificial intelligence

Níamh Curran Senior Reporter at Finextra

Which are the most impactful AI use cases for financial services?

ThetaRay partners Microsoft for GenAI financial crime detection suite

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ThetaRay partners Microsoft for GenAI financial crime detection suite

ThetaRay has integrated with Microsoft Azure OpenAI Service to develop a GenAI financial crime detection suite.

/ai

Frankenmuth Credit Union enlists Glia for member communications

Glia, the leader in customer interaction technology, today announced a partnership with $1.4 billion-asset Frankenmuth Credit Union (FCU) to unify member interactions across digital channels, voice and AI. By leveraging Glia’s ChannelLess® architecture, the credit union will enhance the member experience, drive efficiencies for agents and managers, and create revenue opportunities.

How AI can be embraced by financial services

/Artificial intelligence

Hamish Monk Senior Reporter at Finextra

How AI can be embraced by financial services

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Broadridge debuts AI-powered algorithm insights service

To transform the landscape of algorithmic trading, global Fintech leader Broadridge Financial Solutions, Inc. (NYSE:BR), today announced the launch of an innovative AI-powered algorithm insights service for NYFIX.

/Artificial intelligence

CFTC issues AI advisory

The Commodity Futures Trading Commission’s Divisions of Clearing and Risk, Data, Market Oversight, and Market Participants today issued a staff advisory on the use of artificial intelligence in CFTC-regulated markets by registered entities and registrants.

Trump taps ex-PayPal COO Sacks as crypto and AI czar

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Trump taps ex-PayPal COO Sacks as crypto and AI czar

Donald Trump says he is appointing former PayPal chief operating officer David Sacks as "White House AI and Crypto Czar".

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