Latest Artificial intelligence News: Finextra Research

Company update/ai

IPsoft releases conversational banking tool 1Bank

IPsoft, the global leader in enterprise AI, today announced the general availability of 1Bank™, the first conversational banking solution. 1Bank is powered by Amelia, rated the number one virtual agent in conversational AI by Everest Group.

11 March 2019

News/ai

IPC invests in GreenKey Technologies

Dealing room communications outfit IPC has invested in GreenKey Technologies (GK), the creator of AI, natural language processing tech for financial markets.

07 March 2019

News/ai

Bank AI experts gather for NextGen Banking London

AI experts from Barclays, Lloyds Bank, Citibank, Santander, Westpac and State Street will take to the stage at Finextra’s NextGen Banking London conference on 16th May 2019, to stir up the debate on how artificial intelligence is impacting and reshaping financial services.

07 March 2019

News/ai

BNP Paribas launches AI FX index

BNP Paribas has teamed up with Millennium Global Investments (MGI) on a foreign exchange index that uses artificial intelligence.

06 March 2019

Company update/regulation

KPMG brings regtech Recordsure to Australia

KPMG Australia and regtech company Recordsure today announced an alliance to roll-out the London-headquartered startup’s AI-driven customer trust and transparency solutions to financial institutions in Australia.

05 March 2019

News/Artificial intelligence

Microsoft to build data warehouse, chatbot for NatWest-backed Esme Loans

NatWest-backed Esme Loans has signed a tech deal with Microsoft to build a cloud-based data warehouse and AI-assisted customer support.

05 March 2019

News/ai

We are the robots: AI technology shifts into the mainstream

Once the preserve of futurists, artificial intelligence technology is to set to become a routine part of everyday business operations, according to a report from venture capital firm MMC Ventures, in association with Barclays Bank.

05 March 2019

Company update/regulation

Ascent RegTech launches AI-driven change management product

Ascent RegTech announced today the launch of an enhanced product offering that automatically delivers regulatory updates targeted to the customer and, even more critically, that shows the customer how that update affects their daily compliance tasks.

04 March 2019

News/ai

Danske Bank is using AI to predict IT breakdowns before they happen

Danske Bank is using machine learning technology from IBM for prediction and resolution of IT issues, identifying problems in advance before they impact on the customer.

04 March 2019

Finextra TV/Artificial intelligence

The Power of Partnerships: Trust, Data & Digital Identity

Ann Cairns, Vice Chair, Mastercard, speaks at Mobile World Congress 2019 about the importance of partnerships, Mastercard's partnership with Microsoft, how they are using data in medicine and towards social reform, and what impact neobanks are having on the industry.

28 February 2019

News/ai

UOB applies AI to transactional data to speed up loan approvals for SMEs

United Overseas Bank is to run small business trading data from companies transacting over B2B e-commerce platform OctoRocket through an AI-based credit assessment tool to speed up the loan approval process.

28 February 2019

Company update/ai

Ellie Mae bids to reduce manual intervention in the mortgage process with AI Foundry

AI Foundry, a provider of advanced artificial intelligence (AI) solutions that significantly streamline and improve business processes, announced a partnership with Ellie Mae® (NYSE:ELLI), a leading provider of innovative on-demand software solutions and services for the residential mortgage industry.

26 February 2019

News/ai

Nomura takes stake in robotic trading venture

Nomura is investing in an AI-led high frequency trading venture set up by hedge fund manager Brevan Howard.

22 February 2019

Company update/Artificial intelligence

Ping An's OneConnect commences operations in Indonesia

Ping An Insurance (Group) Company of China, Ltd. (hereafter “Ping An” or “the Group”, is delighted to announce that the financial technology (Fintech) subsidiary- OneConnect commences its operations in Indonesia to enable local banks and financial institutions to accelerate their efforts in digitization of financial services and move towards a more inclusive financial industry.

21 February 2019

Finextra TV/Artificial intelligence

Introducing The Platform Ecology Model and SuperApps

Rebecca Martin, Content Director of Money 20/20 ASIA, speaks about 'superapps' and the economics behind the platforms building them in China, whether The Platform Ecology Model is likely to develop in Europe and what opportunities this model presents for the future.

21 February 2019

Finextra TV/Artificial intelligence

'Trusted Life Connections' and taking a partner-centric approach

Jorn Lambert, Executive VP, Digital Solutions, Mastercard, speaks about the theme for this year's Mobile World Congress, 'Trusted Life Connections', what makes a successful partnership and how Mastercard's partner-centric model is improving consumers digital experience.

20 February 2019

Company update/security

Pictet to safeguard client assets with NetGuardians

NetGuardians, the award-winning Swiss FinTech, today announced that its fraud-mitigation software has been adopted by Pictet, one of the leading independent wealth and asset managers in Europe, to further improve its protection against banking fraud.

19 February 2019

News/ai

SMBC to slash data prep times by 80% with Trifacta

Sumitomo Mitsui Bank has turned to Silicon Valley data wrangling company Trifacta to slash preparation times for the aggregation and analysis of mushrooming customer data troves.

19 February 2019

News/ai

Sberbank creates algorithm to do data scientists' job

It seems that even data scientists are not immune to the corrosive impact of artificial intelligence on the jobs market. Russia's Sberbank claims to have created an algorithm - Auto ML (machine learning) - that "acts like a data scientist", creating its own models that then solve application tasks.

18 February 2019

News/Artificial intelligence

Nationwide to roll out AI assistant

Nationwide Building Society is to launch a virtual assistant as a first line of support for first-time home buyers, responding to preliminary inquiries.

15 February 2019