Latest Artificial intelligence News: Finextra Research

Company update/cloud

IBM and Fenergo join forces to speed customer onboarding

IBM (NYSE: IBM) and Fenergo, a leading provider of client lifecycle management (CLM) solutions for financial institutions, today announced the general availability of IBM Customer Lifecycle Management (CLM) with Fenergo.

05 October 2020

Company update/Artificial intelligence

SmartStream unveils observational AI

SmartStream Technologies, the financial Transaction Lifecycle Management (TLM®) solutions provider, today launches ‘Affinity’ in collaboration with Tier 1 banks - an Artificial Intelligence (AI) ‘observational learning’ solution to meet the technical demands and business agility for operational data management and data quality processes.

05 October 2020

News/retail

RBC launches ethical AI hub for Canadian firms

Royal Bank of Canada's artificial intelligence research unit has launched a programme to help promote "ethical AI".

05 October 2020

News/cloud

BlackLine buys Rimilia to add AI-powered accounts receivable automation to platform

Accounting automation software provider BlackLine has acquired AI-powered accounts receivable outfit Rimilia for $150 million in cash.

05 October 2020

News/wealth

Pynk raises $2m for retail investor wallet

London-based wealth management startup Pynk has raised $2 million through crowdfunding ahead of the launch of its retail investor wallet.

02 October 2020

News/retail

Harvest launches index to build dynamic financial scores

US fintech startup Harvest is aiming to overturn the traditional credit scoring system, utilising AI and machine learning to provide a dynamic view of a person's financial wellness throughout the lifetime of a loan.

02 October 2020

News/wholesale

Client is king: How two US banks optimise tech execution

In anticipation of Sibos 2020, we zero-in on a key focus area that financial institutions across the payments landscape will be paying close attention to as technology becomes more complex, consumers more sophisticated, and margins ever-more slim. That is, getting the most out of technology investments by improving execution.

30 September 2020

Company update/Artificial intelligence

Avaloq connects with Enterprise Bot

As the COVID-19 pandemic has led to a significant increase in customer queries globally, Avaloq’s banking and wealth management clients are to benefit from Enterprise Bot’s intuitive email and conversation solution.

29 September 2020

Company update/retail

Attunely raises $9m

Attunely Inc., a pioneer in deploying machine learning to maximize revenue recovery and enhance the consumer experience, today announced $9 million in financing.

24 September 2020

Company update/wholesale

Indata puts out software release

Indata, a leading industry provider of software, technology and managed services for buy-side firms, today announced a software release providing enhanced functionality and productivity improvements based on client feedback and industry demand.

22 September 2020

Company update/cloud

Aussie neo bank Volt partners with Microsoft

Microsoft today announced a strategic partnership with Australia’s first neobank, Volt, to develop “Volt 2.0” - a next-generation Banking as a Service (BaaS) platform, slated for release in 2021.

22 September 2020

News/startups

Exabel closes $3.6m funding round

A startup that offers AI analytics to asset managers has raised $3.6m in its third funding round bringing the total capital raised to more than $12m.

21 September 2020

Company update/markets

Overbond launches real-time AI bond pricing trading product

Overbond Ltd., a fixed income analytics solution provider, today announced the launch of COBI-Pricing LIVE, the company’s powerful new real-time AI bond pricing product.

17 September 2020

Company update/Artificial intelligence

Abaka releases ‘plug in and play’ AI-powered chatbot products

ABAKA, the global leader in digital saving and retirement enterprise SaaS solutions, today announced the launch of a new suite of products which allow financial services firms of all sizes to ‘plug in and play’ a financial advice chatbot as a service solution.

16 September 2020

News/wholesale

JP Morgan and Blackrock tap Saphyre AI tech to automate account opening

JP Morgan’s Securities Services and BlackRock have turned to fintech Saphyre to digitise their account opening workflows.

15 September 2020

Company update/Artificial intelligence

Bank of America sets company record for patents filed and granted during first half of 2020

Bank of America today announced it has recorded the most patents filed and granted in the first half of any year in the history of the company.

15 September 2020

Company update/wealth

Finantix integrates with Next Best Action

Finantix, the global provider of digital enabling software for the banking, wealth management and insurance sectors, announces the integration of Next Best Action into its award-winning and innovative product suite.

15 September 2020

Company update/retail

NCR integrates Kasisto conversational AI into digital banking platforms

Kasisto, creators of the leading digital experience platform for the financial services industry today announced they are integrating Kasisto’s virtual assistant platform, KAI, into NCR Digital Banking technology.

14 September 2020

News/cloud

How to combat payments fraud with machine learning in the cloud

Financial services customers are operating with faster speed and greater agility in the payments space, now more than ever with the incremental volume of card-not-present transactions, accelerated adoption of contactless payments, and new financing options at the point-of-sale, among other key trends.

11 September 2020

News/startups

Startup offers trading in 'value of human success'

Forget companies, gold and bitcoin, a London-based startup is promising to use AI and big data to let investors trade the economic value of successful people - from sports stars to politicians to social media influences.

11 September 2020