Latest Artificial intelligence News: Finextra Research

Klarna taps ChatGPT for shopping recommendations

Klarna has built a plugin for ChatGPT that will tap the AI-powered bot to provide shoppers with personalised product recommendations.

27 March 2023

News/markets

JP Morgan to buy investment analytics player Aumni

JP Morgan has struck a deal to buy Aumni, an investment analytics platform that provides the data infrastructure for private capital markets. Financial terms were not disclosed.

22 March 2023

News/wealth

Morgan Stanley and Stripe tap into OpenAI's GPT-4

Morgan Stanley Wealth Management is tapping OpenAI's GPT-4 to deliver content and insights into the hands of financial advisors. Payments giant Stripe is also integrating GPT-4 into its products and services.

16 March 2023

News/identity

Trust:Live 2023: Evolving digital identity, intelligence and innovation

This week, LexisNexis® Risk Solutions and Finextra Research held Trust:Live 2023, the exclusive in-person event for all fraud and identity decision makers focusing on the latest challenges in establishing trust to protect customers, defend brands, or meet the needs of evolving business models.

15 March 2023

News/retail

ChatGPT and Bing AI to sit as panellists at fintech conference

Artificial intelligence chatbots will be used as panellists for the first time as part of a conference hosted by the Gillmore Centre for Financial Technology this week.

15 March 2023

Company update/wholesale

Brex and OpenAI team to combine spend management with artificial intelligence

Brex today announced it will be launching advanced AI-powered tools for CFOs and their teams, all built using advanced machine learning and natural language processing technology from OpenAI, an AI research and deployment company.

07 March 2023

International Women's Day: ChatGPT and how gender bias in AI can impact innovation

Long read/Artificial intelligence

Níamh Curran Senior Reporter at Finextra

International Women's Day: ChatGPT and how gender bias in AI can impact innovation

07 March 2023

Company update/Artificial intelligence

Schroders Personal Wealth adopts AI-based Aveni Detect platform

Aveni, the AI fintech business, has been selected by Schroders Personal Wealth (SPW) to transform its compliance function.

07 March 2023

Company update/retail

Lloyds Banking Group invests in Ocula Technologies

Artificial Intelligence (AI) company Ocula Technologies has today confirmed that it has received new investment from Lloyds Banking Group and their Fintech Investment Team.

06 March 2023

News/security

Central Bank of Ireland blocks staff use of ChatGPT

Ireland's central bank has become the latest financial institution to ban its employees from using the artificial intelligence (AI) chatbot ChatGPT.

03 March 2023

News/cloud

Financial Cloud Summit 2023: Exponential change is coming

Kicking off Finextra’s inaugural Financial Cloud Summit, former Dragon’s Den dragon Piers Linney, entrepreneur and investor, founder and CEO of Moblox, set the scene for the day, focusing on cloud strategy, migration and optimisation.

02 March 2023

News/crime

Citi invests in financial crime risk management vendor Quantifind

Quantifind, a provider of AI-powered financial crimes risk management technology, has raised $23 million in a funding round joined by Citi Ventures.

01 March 2023

Company update/markets

Quantexa acquires Aylien to enter text analytics market

Quantexa, a global leader in Decision Intelligence (DI) solutions for the public and private sectors, announced today that it has acquired Aylien, a Dublin-based leader in natural language processing (NLP) and advanced AI to empower its customers to collect, analyze, and understand unstructured text data.

28 February 2023

Company update/startups

Hinkus and Blomfield invest in Robin AI

Robin AI, the generative AI startup, has raised $10.5m led by Plural, with participation from Episode 1.

27 February 2023

News/startups

Belfast awarded £18.9 million grant for cyber AI hub

Minister of State for Northern Ireland, Steve Baker, has announced that the UK Government will invest £18.8 million in Northern Ireland’s security industry, to develop a pipeline of cyber security talent and assist startups in the region.

24 February 2023

Company update/crime

Themis and Diligencia announce partnership

Themis announces today a new strategic partnership with Diligencia, a leading provider of corporate data in the Middle East and Africa (MEA). This partnership reflects the ongoing, significant investment in Themis’ AML/CFT technology, and follows the recent announcement of successfully overfunding in their Pre-Series A round - raising a total of £3.1 million.

24 February 2023

News/regulation

JPMorgan restricts staff use of ChatGPT

JPMorgan Chase is restricting employee use of the ChatGPT AI-powered chatbot.

23 February 2023

Company update/regulation

Mexico's Tudi signs for ThetaRay AML tech

ThetaRay, a leading provider of AI-powered transaction monitoring technology, today announced that Tudi, enabling a digital financial community through its mobile app, has chosen ThetaRay’s cloud-based AML solution to monitor its transactions in Mexico for financial crime.

23 February 2023

News/security

Stripe forms issuer partnerships to help fight fraud

Stripe has launched an "enhanced issuer network": a set of partnerships with US card issuers designed to help businesses rescue fraud and boost authorisation rates.

22 February 2023

News/regulation

Mizuho International picks SymphonyAI to tackle money laundering

Mizuho International, the London-based securities and investment banking arm of Japanese giant Mizuho Financial Group, is rolling out technology from SymphonyAI to help it detect financial crime.

21 February 2023