Artificial intelligence

2999 articles tagged with this keyword

/retail

Zest AI signs Blue Federal Credit Union

Zest AI, the leader in software for AI-driven lending, today announced that Blue Federal Credit Union has chosen Zest to help it deliver faster and more accurate loan decisions across the credit union's auto, credit card, and personal loan portfolios.

/security

Eftpos goes live with Featurespace tech for online shopping security

A powerful new Artificial Intelligence-driven counter-fraud capability designed to stop online crooks in their tracks was today switched on by Australia’s sovereign domestic debit payments scheme, eftpos, as the organisation doubles on security smarts to help level the battlefield for consumers, merchants and crime fighters.

/security

Smart Engines rolls out credit card scannig software in Kazakhstan's super app Kaspi.kz

Smart Engines rolls out its AI-driven software in Kaspi to support automatic credit card scanning for the bank's mobile app (iOS and Android).

/payments

Allevo finalises and open sources Whizzer Project for invoice and payments reconciliation

Allevo, with the support of a grant from Iceland, Liechtenstein and Norway through the EEA and Norwegian Financial Mechanisms 2014-2021, in the frame of the Program “SMEs Growth Romania”, successfully finalized the Whizzer project, as per the 2018/115906 contract, on November 29th 2021.

/sustainable

MDOTM cuts AI and ESG research deal with the University of Gothenburg

MDOTM, the European leader in AI-driven investment strategies, signed a partnership with School of Business, Economics & Law at the University of Gothenburg in Sweden.

/Artificial intelligence

Credit Clear taps AI from Sisense to improve debt repayments

Credit Clear, the leading technology platform which optimises account receivables has announced it is leveraging Sisense, the leading AI-driven platform for infusing analytics, to harness the power of data to revolutionise its offering.

/sustainable

QuantCube launches real-time indicators to track economic and environmental change

Alternative data specialist QuantCube has today launched four new real-time economic indicators, which use intelligence gathered from European Space Agency (ESA) global satellite data to track environmental change.

/cloud

SocGen makes play to be a data-driven bank

Societe Generale is putting its faith in data and AI to help it transition to, and prosper in, the digital age.

/startups

Data analytics company Uplinq buys Verde

Uplinq Financial Technologies, the transformational data analytics company serving the global small business lending community, is pleased to announce its intellectual property (IP) acquisition of Verde International’s advanced behavioural, econometric and financial models, and state of the art optimization methods. As part of the deal structure, Pat Reilly, CEO of Verde International will join Uplinq as a co-founder.

/regulation

Sedric raises $3.5m

Sedric, an AI-based compliance excellence platform for next-gen fintechs, today announced that it has raised US$ 3.5 million in seed funding to increase consumer protection and transform fintech compliance.

/retail

Scienaptic AI signs Tower Federal Credit Union

Leading global AI-powered credit decision platform provider, Scienaptic AI announced that Tower Federal Credit Union has selected its AI-powered platform. The implementation will equip the credit union with enhanced underwriting capabilities to make stronger, faster credit decisions and strengthen financial options for its members.

/startups

Justt raises $70m to take on chargeback system

Justt, a startup using machine learning to help online merchants prevent false chargebacks, has come out of stealth with $70 million in funding.

/startups

CommBank's x15ventures launches AI-based shopping platform for Gen Z

Commonwealth Bank of Australia’s (CBA) venture-scaling entity, x15ventures, has launched its newest venture, Cheddar, a brand and deal discovery app that rewards Gen Z and millennial Australians for shopping with popular brands

/inclusion

Mexican credit card startup Stori closes $125m Series C

Stori, a Mexican fintech bringing credit cards to the country's middles class, has raised $125 million in a Series C funding round, adding another $75 million in debt financing.

/regulation

EBA consults on machine learning for internal ratings-based models

The European Banking Authority (EBA) published today a discussion paper on machine learning used in the context of internal ratings-based (IRB) models to calculate regulatory capital for credit risk.

/markets

Singapore Fintech Festival 2021: Web 3.0 on the horizon

A key focus for Singapore Fintech Festival 2021 was Web 3.0. Loosely defined, Web 3.0 is the next stage in the evolution of the Internet that would ensure that information can be processed with human-like intelligence with technologies such as big data and machine learning.

/sustainable

Singapore Fintech Festival 2021: Scaling sustainable finance for a green recovery

Finextra joined Singapore Fintech Festival session, ‘Scaling Sustainable Finance for a Green Recovery’ today, to hear experts from Ecosystm, FIL Asia, HSBC, SDG Impact Japan and WWF Singapore discuss the financial products and technological tools needed to deliver social and environmental benefits, alongside attractive returns.

/regulation

FCA selects Aiimi’s Insight Engine for three year contract

Following an extensive evaluation and Alpha testing phase, the FCA has selected UK data firm Aiimi’s Insight Engine to improve the regulator’s data analytics.

/retail

OTP Group taps SambaNova for AI supercomputer

Hungary's OTP Group has teamed up with SambaNova Systems to build what they claim will be "fastest AI supercomputer in Europe".