Artificial intelligence

3031 articles tagged with this keyword

/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".

/Artificial intelligence

The Future of Wealth Management 2022

1113 downloads

/identity

Digital ID firm Socure hits $4.5bn valuation

Machine learning-based digital identity verification firm Socure has closed an oversubscribed $450 million funding round at a $4.5 billion valuation.

/markets

Wilshire and Rayliant collaborate on development of machine learning-based quant strategy indexes

Wilshire, a global investment technology and advisory company, and Rayliant, an Asia-focused fund manager dedicated to providing innovative quantitative investment solutions, today announce a collaboration to develop a new generation of quantitative strategy indexes to give institutional investors access to new passive investment opportunities.

/startups

FlowX.AI raises $8.5 million in seed round

FLOWX.AI - an enterprise platform that enables banks and financial institutions with complex IT infrastructures to build fast modern digital experiences unbounded from the limitations of their legacy systems - has raised $8.5 million in their seed round.

/markets

Enterprai unveils tools to help global macro players stay on top of financial markets

Enterprai - the AI-powered SaaS workstation for global macro professionals, pioneering predictive analytics for FX and fixed income markets - today launched a set of products offering global macro portfolio managers, traders, and analysts a new way to stay on top of financial markets.

/retail

Meridian Trust Federal Credit Union picks Scienaptic AI for credit decisioning

Leading global AI-powered credit decision platform provider, Scienaptic AI announced that Meridian Trust Federal Credit Union has selected its AI-powered platform, enabling the credit union to augment its underwriting capabilities to make faster credit decisions, increase loan approvals and support the financial goals of its members.

/payments

Dubai First taps flybits and Mastercard for AI-based personal services

Today, Dubai First, which offers consumer services under First Abu Dhabi Bank (FAB), and Mastercard introduced an experiential consumer engagement platform for the first time in the Middle East and Africa region.

/retail

Singapore launches national programme for artificial inteliigence in finance

The National Artificial Intelligence (AI) Programme in Finance was launched today at the Singapore FinTech Festival x Singapore Week of Innovation and TeChnology (SFF x SWITCH) 2021 by Mr Heng Swee Keat, Deputy Prime Minister.