Artificial intelligence

3003 articles tagged with this keyword

/retail

UK govt programme looks to connect global banks with British fintechs

The UK government has launched a global partnerships programme designed to help international financial institutions access British fintech.

/retail

CIBC introduces Watson-powered virtual assistant

With Canadians using digital banking now more than ever, CIBC is introducing a conversational AI-based Virtual Assistant powered by IBM Watson Assistant, that can perform banking transactions and answer questions about everyday banking.

/people

Exizent names ex-Deutsche Bank CIO as chairman

Exizent, the Glasgow-based technology firm whose innovative platform is transforming bereavement by connecting legal services firms with banks and the wider financial services community, has announced the appointment of Mitchel Lenson as Non-Executive Chairman.

/retail

Provenir partners FinScore on smart credit decisioning in the Philippines

Provenir, a leader in risk decisioning and data analytics software, today announced a new data integration partnership with FinScore, an alternative credit scoring company in the Philippines that uses proprietary AI and Machine Learning technology in its predictive models to help financial institutions reduce defaults, increase approval rates, and combat fraud.

/wealth

SimCorp and IntelliBonds plan AI-based fixed income project

SimCorp, a leading provider of integrated, front-to-back, multi-asset investment management solutions and services to the world’s largest buy-side institutions, today announces a new collaboration with AI fintech, IntelliBonds, to deliver clients access to AI innovation, enhanced portfolio construction and optimization for fixed income portfolios.

/retail

NAB picks Rich Data Corp AI prediction and decisioning capability software

Rich Data Corporation has signed an agreement with the National Australia Bank (NAB) to use Rich Data Corp’s AI prediction and decisioning capability software, Delta.

/people

HSBC appoints Steven Van Wyk Group CIO

HSBC has named industry veteran Steven Van Wyk group chief information officer, leading the banking giant's global technology organisation.

/cloud

Microsoft’s Satya Nadella on how to build partnerships ‘beyond two ships passing in the night’

Months after striking a deal with Microsoft to become a ‘cloud-first’ bank and migrate all core applications to the cloud by 2025, Bill Winters, group chief executive of Standard Chartered joins Satya Nadella, CEO of Microsoft at Singapore Fintech Festival 2020 to discuss resilience, the future of digital transformation and why a good partnership is central to achieving this.

/regulation

UOB boosts AML efforts with AI

UOB is hailing the accuracy of its new AI anti-money laundering technology in helping the Singaporean bank cut through large volumes of transactions to pinpoint suspicious activities.

/devops

Sber unveils cloud-based AI model training platform

Sber has developed a cloud platform for AI model training that the Russia bank says will help data scientists push ahead with their experiments.

/startups

CCAF, World Bank, World Economic Forum study into Covid-19 impact on fintech: A sneak peek

In anticipation of the official launch, the Cambridge Centre for Alternative Finance (CCAF) invited industry participants to join an examination into the results of the Global Covid-19 Fintech Market Rapid Assessment Study, compiled in partnership with the World Bank and World Economic Forum.

/Artificial intelligence

Securing the API Ecosystem

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/payments

EBAday 2020: Batch processing gives way to the instant payments revolution

At EBAday 2019 in Stockholm, Deutsche Bank’s Koral Araskin highlighted that if instant payments is the new normal, banks will heavily depend on cash buffers to cover all payment flows - even those which come outside of normal working hours. "Is this really meaningfully achievable?" he pondered last year. The events of 2020 and the impact of Covid-19 have truly shown that it must be achievable.

/regulation

Danske Bank taps Windward AI for sanctions compliance and maritime trade finance

Windward, the Predictive Intelligence company applying AI to transform global maritime trade, and Danske Bank, one of Denmark’s largest banks and one of the biggest financial institutions in Northern Europe, have entered into a partnership designed to digitalize and automate parts of Danske Bank’s financial crime compliance controls.

/security

Nice Actimize updates fraud management platform

Nice Actimize, a Nice business (Nasdaq: NICE), today announced the latest version of its Integrated Fraud Management (IFM-X) platform that delivers one of the industry’s most advanced detection capabilities powered by artificial intelligence and machine learning.

/security

Swift Community Update: Combatting the cyber threat

Whether you work at a bank or at the treasury desk of a large corporate, most of us are working remotely and becoming increasingly dependent on digital processes. This dependence can increase vulnerabilities to cyber attacks.

/Artificial intelligence

Scotiabank unveils global AI platform

Scotiabank today announced the use of a new Global AI Platform that provides customers with intelligent and personalized financial advice.

/security

Nice unveils fraud prevention tool

Nice (Nasdaq: NICE) today unveiled ENLIGHTEN Fraud Prevention, an innovative new solution for automatic and continuous fraudster detection and exposure.

/crime

Swift Community Update: Focus on financial crime compliance

Tackling financial crime, and ensuring compliance with anti-money laundering (AML) and combating the financing of terrorism (CFT) regulations remains one of the biggest overall challenges for the financial services community.