Artificial intelligence

3710 articles tagged with this keyword

/markets

Emirates NBD's Deniz Ventures, Rasmal Ventures provide Mena securitisation innovation $7.6m boost

The world's first AI-powered securitisation platform, TeamSec, aims to transform the structured finance industry through a securitisation-as-a-service platform.

/markets

Infosys Finacle unveils new asset liability management solution

Infosys Finacle, part of EdgeVerve Systems, a wholly-owned subsidiary of Infosys (NSE, BSE, NYSE: INFY), today announced the launch of the Finacle Asset Liability Management Solution – a liquidity and interest rate risk management solution that provides banks with an enterprise-wide view of all on-and-off balance sheet exposures. The solution enables banks to identify gaps, assess impact on net interest margin and liquidity, and take corrective actions, to better manage their funding and liquidity decisions.

/people

Lloyds appoints head of responsible AI

Llloyds Banking Group has reacted to the growing pressure on banks to build safeguards around their deployment of artifical intelligence tools by appointing Magdalena Lis as head of 'responsible' AI.

/retail

UK fintech jobs market booms

The UK fintech sector experienced a 44% surge in job vacancies in 2024, driven by venture capital investment and AI, according to a report for recruiter Morgan McKinley.

/payments

Visa turns to ServiceNow for dispute analysis and support

ServiceNow (NYSE: NOW), the AI platform for business transformation, announced today an expansion of its strategic alliance with Visa, a world leader in digital payments.

/wealth

Simple Financial Planning auomates broker workflows with Sikoia

London-based fintech Sikoia has announced a new partnership with Simple Financial Planning (Simple), a forward-thinking brokerage, to transform broker workflows through secure AI-driven automation and seamless integration.

/ai

UBS underpins AI development with data transformation initiative

UBS undertook a massive data transformation effort to support the creation of two domain-specific AI assistants, collectively known as UBS Red.

/startups

Kodesage, an AI startup for modernising legacy systems, raises €2.3 million in pre-Seed funding

Kodesage, a pioneering startup specializing in AI-powered solutions for legacy software modernization, has raised €2.3 million in pre-seed funding led by Portfolion Capital Partners, with participation from prominent angel investors, including former UiPath executives.

/ai

AI chatbot developer Zaion raises €11 million

Zaion, a French provider of conversational AI for banking chatbots, has secured an €11 million fundraising round led by 115K, La Banque Postale's venture capital fund.

/cloud

Euroclear signs seven-year deal with Microsoft

Euroclear has entered into a seven-year deal with Microsoft, harnessing a full suite of technology encompassing cloud, data and AI.

/ai

Macro Hive expands central bank LLM sentiment indices

We are proud to announce the launch of three new AI-powered central bank sentiment indices, covering the European Central Bank (ECB), the Bank of England (BoE), and the Bank of Japan (BoJ).

/ai

BIS issues guidance for deployment of AI in central banks

Artificial intelligence (AI) presents huge opportunities for central banks. At the same time, its adoption entails complex risk management challenges.

/Artificial intelligence

Hamish Monk Senior Reporter at Finextra

How can banks automate effectively?

/ai

Deaglo delivers AI-powered white label FX platform for financial institutions

Deaglo, an emerging FinTech company providing foreign exchange solutions, announced that its platform will now be available to financial institutions as a white label solution.

/ai

Spend management platform Yokoy acquired by TravelPerk

Business travel platform TravelPerk has raised $200 million and acquired Swiss AI-powered spend management outfit Yokoy.

/retail

Santander unifies its global media and creativity services with Publicis

Santander is consolidating its media and creative services worldwide under a single agency to help its business transformation.

/ai

NatWest invests in AI startup dedicated to tackling financial vulnerability

NatWest Group has made a minority investment in Serene, an early-stage AI platform dedicated to tackling financial vulnerability.

/ai

Active human oversight remains key as banks begin roll out GenAI

Financial services firms are putting an emphasis on active human oversight for model training, interpretation and sensitive decision-making as they begin the roll out of generative AI across their businesses, according to a report from UK Finance.

/startups

Fintech startup Wyzr wins £400,000 from NatWest's Dragons Den

Wyzr, a fintech startup developing an AI CFO product for small businesses, has raised £400,000 from a Dragon's Den-style pitch event held by NatWest.

/ai

Prime Trigen Wealth Partners to implement AI WealthTech platform from Eton Solutions

Prime Trigen Wealth Limited, a full-stack wealth solutions provider offering comprehensive multi-family office services in India, has announced an exclusive partnership with Eton Solutions, a global leader in AI-powered WealthTech platforms.