Artificial intelligence

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Scienaptic AI signs up Rocket Financial

Leading global AI-powered credit decision platform provider, Scienaptic AI announced today that Rocket Financial Inc. has selected its platform to launch its new product RocketBNK.

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Northern Credit Union goes live with Scienaptic AI platform

Leading global AI-powered credit decision platform provider, Scienaptic AI announced that deployment of its platform at Northern Credit Union is now live.

Sardine raises $19.5m to help fintechs fight fraud

/startups

Sardine raises $19.5m to help fintechs fight fraud

Sardine, a behaviour-based fraud and compliance platform for fintechs developed by Coinbase, Revolut and PayPal veterans, has raised $19.5 million in a Series A funding round.

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IBM and TD Securities collaborate on use of AI in precious metals biz

Investors looking to diversify their portfolios and coin collectors looking to add a new treasure to their collection are familiar with the benefits and value that precious metals can offer.

/markets

Refinitiv launches market data-powered AI assistant in Microsoft Teams

Refinitiv, an LSEG business, today announced the launch of Refinitiv AI Alerts, a market-data powered intelligent assistant available in Microsoft Teams.

/markets

Accern to combine no-code AI suite with LPA consulting expertise

Accern, the leading no-code artificial intelligence (AI) platform for financial services, announced today a new strategic partnership with LPA, the software and consulting firm focused on technology for the capital markets.

/markets

Pico launches Corvil e-trading data warehouse

Pico, a leading provider of mission critical technology, software, data and analytic services for the financial markets community, continues to enhance the capabilities of its market-leading Corvil Analytics product suite [1], with the launch of Corvil Electronic Trading Data Warehouse.

Banco Sabadell invests in climate tech startup

/sustainable

Banco Sabadell invests in climate tech startup

Banco Sabadell's BSTartup Green programme has joined a $1.1 million funding round for climate tech startup Wegaw.

Singapore builds software toolkit to help FIs use AI responsibly

/regulation

Singapore builds software toolkit to help FIs use AI responsibly

The Monetary Authority of Singapore and a host of industry players have released an open-source toolkit to help financial institutions use artificial intelligence ethically and responsibly.

The Future of Regulation 2022

/Artificial intelligence

The Future of Regulation 2022

1113 downloads

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Personetics joins Finxact marketplace

Finxact, the leading provider of the next-gen core banking platform to the US regional and super-regional banking sector, today announced that Personetics has joined its Marketplace of best-in-class banking solutions.

Humans trump AI at making money in financial markets - study

/markets

Humans trump AI at making money in financial markets - study

Humans still have the edge over artificial intelligence when it comes to making money in the financial markets, according to a new paper which raises questions about previous research into the topic.

Shawbrook taps AI to make loan pricing decisions faster

/cloud

Shawbrook taps AI to make loan pricing decisions faster

UK specialist lender Shawbrook Bank says it is generating personal loan rates five times quicker since rolling out an in-house built AI-enabled pricing environment.

/cloud

VTB and Yandex.Cloud develop a unique voice for financial assistant

VTB is the first on the market to introduce its own voice for Yandex.Cloud's Alice virtual assistant.

TD Bank to hire 2000 tech staff

/people

TD Bank to hire 2000 tech staff

Canada's TD Bank plans to hire 2000 tech staff over the course of the year as the battle for talent in the banking sector escalates.

Mastercard to fund research into racial bias in credit decisioning

/retail

Mastercard to fund research into racial bias in credit decisioning

Mastercard is to commit $5 million to support the creation of a Center for Applied Data Science and Analytics (Cadsa) at Howard University, focused on addressing racial bias in AI-driven credit approval processes.

Visa partners with Pagaya to to help issuers expand access to credit

/payments

Visa partners with Pagaya to to help issuers expand access to credit

Visa has formed a strategic relationship with AI fintech Pagaya to enable its merchant and issuing bank partners to expand access to credit.

/startups

TurboTax competitor April raises $10m

April (April Tax Solutions Inc.), a tech-powered tax platform that simplifies the filing process and integrates tax preparation into broader financial wellness, launched operations today, in partnership with leading financial institutions such as Propel.

Personetics raises $85 million

/retail

Personetics raises $85 million

Personetics, an Israel-based fintech that uses AI to help financial institutions boost customer personalisation and engagement, has raised $85m in growth funding from Thoma Bravo.

/payments

Bank of America launches AI-enabled CashPro Forecasting

Bank of America today announced the launch of CashPro Forecasting, a tool that uses artificial intelligence (AI) and machine learning (ML) technology to more accurately predict future cash positions across clients’ accounts at Bank of America and other financial institutions.

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