Artificial intelligence

2999 articles tagged with this keyword

/retail

Cleo raises $80m for money management bot

British AI-based personal finance chatbot Cleo has hit a $500 million valuation thanks to a an $80 million funding round, according to Sky News.

/sustainable

Monetary Authority of Singapore opens AI utility to combat greenwashing

The Monetary Authority of Singapore (MAS) announced today the first use case of NovA! to help financial institutions (FIs) assess the sustainability performance of Singapore’s real estate sector.

/crypto

Bybit unveils grid trading bot

Bybit, one of the world’s fastest growing cryptocurrency exchanges, has announced the launch of its grid trading bot.

/regulation

Scottish speech-processing fintech Aveni raises £2.7m

Scottish AI company Aveni.ai has secured an investment of £2.75 million to deliver the expansion of its Aveni Detect platform across the financial services and utility markets across the UK.

/startups

Webio secures $4m to scale conversational AI in the collections and payments industry

Irish start-up Webio, a leader in Conversational AI in the credit, collections and payments industry, has today announced a series A funding round led by Finch Capital.

/startups

Scrypt joins Visa Fintech Fast Track programme

Scrypt, the next level payables automation provider, today announced that it has joined Visa’s Fintech Fast Track program, speeding up the process of integrating with Visa, a world leader in digital payments.

/retail

CaixaBank and Microsoft explore the metaverse

Spain's CaixaBank is teaming up with Microsoft on an AI innovation laboratory that will, among other things, focus on building a work environment in the metaverse.

/retail

Tifin introduces conversational AI for investing

TIFIN, a fintech platform using artificial intelligence (AI) and investment-driven personalization to shape the future of investor experiences, today announced the launch of their new Magnifi Mentor capability.

/retail

Open banking fintech Bud raises $80m

Open banking fintech Bud has raised $80 million in a Series B funding round led by an indirect affiliate of investment funds managed by TDR Capital.

/wealth

Fidelity partners with Canadian fintech Conquest to support advisers

Fidelity International has partnered with Canadian FinTech company, Conquest, as the exclusive distributor of its financial planning software, ‘Conquest Planning’ to the UK independent advice market.

/wealth

Wealthtech Tifin raises $109m

Tifin, an umbrella group operating a host of AI-powered fintech businesses in the asset and wealth management industry, has hit a $842 million valuation of the back of a $109 million Series D funding round.

/wholesale

The customer engagement imperative: What banks can learn from the FinTech playbook

Gareth Wilson, UK Banking and Capital Markets business lead, Capgemini & Elias Ghanem, Vice President and Global Head of Capgemini Research Institute for Financial Services, reflect on the growth of digitalization across the industry and a shift in customer needs. They discuss the challenges banks are facing as a result, what they should be investing in and leveraging to tackle this challenge, and how they can use data and AI/ML technologies to create superior customer experiences that drive growth. They also reflect on how positioning the CMO as a customer strategist and chief engagement officer can further enhance growth opportunities.

/retail

Levo Credit Union goes live with Scienaptic AI

Leading global AI-powered credit decision platform provider Scienaptic AI announced today that Levo Credit Union, a 30,000 member strong credit union serving the South Dakota region, is live on its platform. Scienaptic’s platform will allow Levo to increase approval rates, augment its credit decisioning process and improve member experience with faster processing and approval times.

/startups

SC Ventures partners Japanese financial conglomerate SBI

SC Ventures, Standard Chartered’ s innovation, fintech investment and ventures arm, announced that it had entered into a memorandum of understanding (MOU) with SBI Holdings, Inc to expand their portfolio, both at a business and geographic level, and to explore new ecosystems through this partnership.

/identity

Credex partners with iDenfy for biometric ID verification

The Lithuanian-based remote ID verification and fraud prevention startup, iDenfy, partners with Credex, the automated lending platform for point of sales financing. iDenfy’s full-stack identity verification will ensure a swift and safe lending experience for Credex’s customers.

/retail

UK’s digital watchdogs take a closer look at algorithms

Every day, we access services that process data using a wide variety of automated systems.

/cloud

Temenos to offer explainable AI on Oracle Cloud

Temenos (SIX: TEMN), the cloud banking platform and member of Oracle PartnerNetwork (OPN), today announced that Temenos Explainable AI (XAI) will be offered on Oracle Cloud Infrastructure (OCI).

/retail

Aviva deploys Tractable AI to assess motor damage claims

Aviva, one of the largest insurers in the UK, has signed an agreement with Tractable to improve the accuracy and efficiency of UK motor claims by using artificial intelligence (AI).

/wholesale

SME Finance ships AI-powered revenue-based financing product

SME Finance, the fintech reinventing growth financing for small- and medium-sized enterprises, has launched Smart Loan — a revenue-based financing solution offering a fairer, faster AI-powered service for startups and SMEs, including e-commerce sites, seeking unsecured lending up to €50,000.