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Pelican State CU picks Scienaptic AI-powered credit decisioning platform

Scienaptic, a leading AI-powered credit decision platform provider, announced Pelican State Credit Union has chosen its platform to enable the financial institution to make faster credit decisions and support the financial goals of its members.

/security

NSure.ai raises $6.8 million

nSure.ai, a predictive AI fraud protection company, focuses on the unique needs of digital goods retailers, announced a successful seed fundraising round of $6.8 million, led by DisruptiveAI, Phoenix Insurance, Kamet – an AXA backed venture builder, Moneta Seeds and private investors.

/wholesale

BNY Mellon works with Saphyre to apply AI to client onboarding

BNY Mellon and Saphyre today announced the firms are working together to utilize AI technology to revolutionize the client experience and substantially automate and expedite client onboarding.

/retail

Fundbox teams up with job site Indeed

Fundbox, the financial platform for small businesses, has formed a strategic partnership with Indeed, the world’s number one job site, in an effort to further support small businesses by providing them better capital and hiring options.

Aussie fintech BlackArrow moves HQ to Glasgow

/startups

Aussie fintech BlackArrow moves HQ to Glasgow

Australian fintech player BlackArrow has chosen Glasgow as its new headquarters after securing financial support from the Scottish government.

/retail

Active.AI and Glia join forces on customer service through conversational AI

Active.Ai, a leading conversational AI platform for financial services, and Glia, a leading provider of Digital Customer Service, today announced a strategic partnership; Together, the fintechs are empowering financial institutions to meet customers in the digital domain and support them through conversational AI, allowing them to drive efficiencies, reduce cost and most importantly, facilitate stronger customer experiences.

HSBC unveil AI-powered equity index structured product

/markets

HSBC unveil AI-powered equity index structured product

HSBC has added an AI-powered equity index structured product to its wealth offerings in Hong Kong.

Tinkoff rolls out voice assistant to non-customers

/retail

Tinkoff rolls out voice assistant to non-customers

Tinkoff is making its voice assistant, Oleg, available to non-customers, giving all Russians access to the bot's non-financial services features.

/wholesale

Personetics integrates with Codat API

Codat, the API-based platform for business data, has announced its partnership with Personetics, the leading global provider of financial data-driven personalisation and customer engagement solutions for the Financial Services industry.

Sentinels raises EUR5.7m for transaction monitoring platform

/regulation

Sentinels raises EUR5.7m for transaction monitoring platform

Sentinels, the Dutch startup behind an AI-powered transaction monitoring system, has raised EUR5.7 million in a seed funding round.

/retail

Northern Credit Union to deploy Scienaptic AI credit decisioning platform

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

Sustainable Finance Live - Valuing Nature: Better Assessing Financial Risk

/Artificial intelligence

Sustainable Finance Live - Valuing Nature: Better Assessing Financial Risk

80 downloads

Truebill raises $45m for PFM app

/startups

Truebill raises $45m for PFM app

Personal finance app Truebill has raised $45 million in a Series D funding round led by Accel and joined by Bessemer Venture Partners, Cota Capital and Eldridge Industries.

After 'awful' AI tweets, Lemonade says it doesn't use phrenology

/retail

After 'awful' AI tweets, Lemonade says it doesn't use phrenology

Insurance unicorn Lemonade has scrambled to reassure customers after a tweet thread boasting about its AI prowess led to worries that it was treating claimants differently based on physical characteristics.

/wholesale

Quantexa doubles revenues

Quantexa, the data and analytics software company pioneering Contextual Decision Intelligence (CDI), today announced it more than doubled revenues during fiscal year 2020, with 67% coming from new client wins.

Fraudio raises $3.3m for fraud prevention platform

/security

Fraudio raises $3.3m for fraud prevention platform

Fraudio, a Dutch startup that has developed a cloud-native centralised AI-powered payment fraud detection system, has raised $3.3 million in seed funding.

/cloud

Temenos unveils Banking Cloud platform

Temenos (SIX: TEMN), the banking software company, is accelerating its leadership in the cloud by introducing the next-generation in SaaS, The Temenos Banking Cloud.

/retail

Community 1st Credit Union chooses Scienaptic for AI-powered credit decisioning

Leading global AI-powered credit decision platform provider, Scienaptic AI announced that Community 1st Credit Union has selected its AI-powered platform to enhance and augment its credit decisioning and underwriting capabilities for new and prospective members.

/cloud

Sberbank works with Intel to provide oneAPI for AI development over Sbercloud platform

At the SmartDev conference on May 20, 2021, Sber announced the expansion of the capabilities of SberCloud ML Space — an integrated cloud platform for the development and implementation of AI services.

Exegy and Vela merge

/markets

Exegy and Vela merge

Exegy has merged with Vela Trading Systems, creating a global leader in low latency market data, trading platforms and predictive signals.

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