Latest Artificial intelligence News: Finextra Research

Company update/ai

US Bank hires Capital One's Tanushree Luke to lead AI efforts

US Bank has hired technology leader Dr. Tanushree Luke to lead Artificial Intelligence (AI) efforts at the company.

06 November 2019

Digital Banking Strategy for 2020 Fraud Challenges

Scott M. Clements, Chief Executive Officer and President at OneSpan, talks to Finextra TV about innovation trends in digital banking, the rise of identity theft and mobile fraud, and the need for banks to increase agility as the threat environment evolves rapidly.

06 November 2019

Company update/startups

SourceScrub scores investment

SourceScrub, an information services platform for the financial services industry, announced today that it has received a growth equity investment from Mainsail Partners, a San Francisco-based growth equity firm.

06 November 2019

News/Artificial intelligence

TD Bank to embed AI in mobile app

TD Bank is to port artificial intelligence technology into its mobile app, providing users with more personalised, contextual information on their finances.

06 November 2019

News/Artificial intelligence

Riskified announces $165 million funding

Payments and fraud-prevention company Riskified has announced today its Series E funding round of $165 million, pushing its value beyond $1 billion.

05 November 2019

Company update/security

IDnow raises $40 million in growth funding

IDnow, a leading provider of Identity Verification-as-a-Service ("IVAAS") solutions, today announced a $40 million growth equity investment from Corsair Capital LLC ("Corsair"), one of the longest-standing private equity firms focused on the financial and business services industries.

04 November 2019

News/ai

Money 20/20: AI is now a must-have in financial services

Today, artificial intelligence is so much more than an experiment for financial services institutions: it is a true competitive differentiator that can help banks deliver hyper-personalised customer experience, improve decision-making and boost operational efficiency.

01 November 2019

Company update/regulation

Conor Ringland joins RegTech firm muinmos as CCO

Automated regulatory compliance specialist, muinmos has appointed Conor Ringland as Chief Commercial Officer.

01 November 2019

News/ai

AI will not be job killer - IBM research

Contrary to the conventional wisdom, new technologies such as AI will actually kill off few jobs, according to research from the MIT-IBM Watson AI Lab.

01 November 2019

News/Artificial intelligence

Nutmeg expands human-led service in ongoing bid for profitability

Nutmeg's head of advice Lisa Caplan has spoken to Finextra about the continued expansion of its digital wealth management offering beyond the automated investment platform for which its known.

31 October 2019

Research/Artificial intelligence

The State Of AI In Financial Services

30 October 2019 946 downloads

Company update/ai

Bottomline introduces AI-enabled chat support function for business payments

Bottomline Technologies (NASDAQ: EPAY), a leading provider of financial technology that helps make complex business payments simple, smart and secure, today announced that it has added AI-enabled chat inside its payment solutions to make signing up and accessing support even easier for its Paymode-X and PTX customers.

29 October 2019

Company update/ai

SmartStream introduces an artificial intelligence module to capture missed payments and receipts

SmartStream Technologies, the financial Transaction Lifecycle Management (TLM®) solutions provider, today completed a proof of concept for an artificial intelligence (AI) and machine learning module within its existing TLM Cash and Liquidity Management solution for receipts and payments - essential for any business in terms of liquidity risk and regulatory reporting.

28 October 2019

Company update/Artificial intelligence

Bank of America unveils redesigned mobile app

Bank of America today announced the launch of its newly designed, award-winning mobile banking app that will provide a more seamless and streamlined experience for its approximately 29 million mobile clients.

25 October 2019

News/regulation

Regtech zooms in on the severe penalties of 6AMLD

The European Union’s Sixth Anti-Money Laundering Directive (6AMLD) is due to take effect on 3rd December 2020 and brings with it a suite of substantial penalties for non-compliance. Here’s what you need to be aware of in the run up to the fast-approaching deadline.

25 October 2019

Company update/ai

Bank marketing platform Total Expert raises $52 million

Total Expert, the leading marketing and customer engagement technology platform for banks, lenders and financial services, today announced it has raised $52 million in Series C funding.

25 October 2019

News/ai

SMFG taps AI to automatically recommend software repairs

Sumitomo Mitsui Financial Group has joined forces with Fujitsu and the Japan Research Institute (JRI) to trial the use of AI to scan for bugs in coding and automatically recommend software repairs.

25 October 2019

Company update/ai

Tradeteq forms AI partnership with Wroclaw University

Tradeteq, the electronic trading platform for institutional trade finance investors, has partnered with leading research academics at Wroclaw University of Science and Technology (WUST) to explore and develop new models for data analysis using artificial intelligence (AI).

24 October 2019