Artificial intelligence

310 articles tagged with this keyword

/ai

Fenergo embeds CLM kit with AI

Fenergo – the leading provider of digital solutions for know your customer (KYC), client lifecycle management (CLM) and transaction monitoring – has today launched AI Powered CLM, a new set of AI capabilities which further boost operational efficiencies, accelerate onboarding and improve end-user experiences while reducing costs associated with KYC and AML compliance.

/ai

Moneyhub and Teradata launch Financial AI

Moneyhub, the market-leading data and payments platform today announces its partnership with Teradata, the global analytics and trusted data platform, to launch financial AI with the aim of opening up more opportunities for consumer-facing organisations across the UK and EMEA.

/ai

Sinequa delivers GenAI assistants for asset managers

AI-powered search provider Sinequa announced today the availability of Sinequa Assistants, new enterprise-grade generative AI assistants that seamlessly integrate with all enterprise content and applications to augment and transform knowledge work.

/ai

CBA to fast-track AI capabilities for business customers

New research from Commonwealth Bank of Australia (CBA), conducted in partnership with YouGov, reveals 59 per cent of SMEs have invested or plan to invest in AI in the next five years (25 per cent and 34 per cent respectively), with younger business leaders owners more likely to report investment or intent to invest (Gen Z and millennials: 75 per cent compared to Gen X: 55 per cent and baby boomers or older: 45 per cent).

/ai

Novel closes $15m round

Novel announces a $15M oversubscribed Pre-Series A round, co-led by IGNIA Partners and Ulu Ventures, to propel the fintech’s expansion of their groundbreaking Capital Intelligence™ platform.

/payments

Klarna posts Q1 results

Today, the AI-powered global payments network and shopping assistant, Klarna announces profitable start and continued growth outpacing ecommerce, reporting its Q1 2024 financial results.

/security

Mangopay debuts AI-driven fraud prevention package

Mangopay, a modular and flexible payment infrastructure provider for platforms, today announces the launch of its new Fraud Prevention solution.

/ai

Swift to pilot AI in fight against fraud

Banking co-operative Swift is working with global banks on AI pilots to tackle cross-border payments fraud.

/ai

Over a third of fraud attempts targeting financial institutions now use AI

Signicat, the European leader in digital identity and fraud prevention solutions, today announces a new report on the growing threat of AI-driven identity fraud in partnership with independent consultancy Consult Hyperion.

/ai

Pay.UK hails fraud detection pilot results

Pay.UK says a fraud detection pilot involving Visa has exceed expectations, suggesting that it could save the country's economy over £112 million a year.

/ai

Tonik adds ChatGPT to service mix

Pioneering Philippine digital bank Tonik continues to highlight its innovative edge by becoming the first digital bank to successfully incorporate Generative AI featuring ChatGPT to its operations.

/ai

Crédit Agricole Next Bank chooses InvestGlass for lead management and CRM

In a strategic move to transform the customer experience and automate internal operations, Crédit Agricole Next Bank launched its new lead management platform and CRM in March 2024.

/payments

EBAday 2024: 100 banks registered and ready to fuel the payments technology conversation

Q. What does the payments sector look for in a conference? A. The number of banks registered to attend and the number of bank speakers on the agenda, ready to openly communicate to the audience how they are currently leveraging technology.

/ai

Rich Data Co. signs first US bank client

Australian AI decisioning platform for bank business lending, Rich Data Co., has signed its first major US deal with M&T Bank Corporation.

/Artificial intelligence

Hamish Monk Reporter at Finextra

How to prepare for the EU AI Act

/ai

BBVA inks OpenAI deal to bring ChatGPT to employees

Spanish banking group BBVA is stepping up its use of artificial intelligence, signing a deal with OpenAI to start rolling out ChatGPT to thousands of employees.

/ai

Effective decision making: Leveraging AI for growth and efficiency

Join FinextraTV at the Temenos Community Forum 2024 in Dublin as Prema Varadhan, President Product & COO of Temenos, delves into the transformative potential of artificial intelligence in banking. We explore specific use cases across banking operations, highlighting how generative AI, combined with explainable AI, enhances customer interactions, streamlines back-office processes, and improves risk and compliance screenings. We also review the measurable value generative and responsible AI bring to banks in terms of innovation, customer centricity, and operational efficiency.

/retail

Finastra and Newgen Software join forces

Global provider of low-code platform, Newgen Software and Finastra, a global provider of financial software applications, partner to offer best-in-class banking solutions for existing customers and jointly expand the market base.

/security

Barclays invests in former Rise Academy alumni Velotix

AI-based data security platform Velotix has secured funding from Barclays Bank and Capri Ventures.