Artificial intelligence

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Tifin appoints Rob Pettman chief revenue officer and president

Tifin, a leading AI and innovation platform for wealth, announces the appointment of Rob Pettman as its Chief Revenue Officer and President.

/wholesale

Surecomp partners Cleareye.ai on AI-powered trade finance automation

Surecomp today announced a strategic partnership with Cleareye.ai Inc., a leading provider of digital trade finance solutions providing automation of trade compliance and operations.

/retail

Myanmar's KBZ Bank signs for FinbotsAI AI credit scoring tech

FinbotsAI, an Accel-backed Singapore headquartered B2B SaaS FinTech today announced signing KBZ Bank – Myanmar’s largest privately-owned bank – as their first client in Myanmar.

/security

Reltime launches blockchain R&D centre in India

Reltime, a leader in Web3-based financial and digital services technology, is proud to announce the opening of a new research and development facility, ‘Reltime Research Lab Private Limited’, in Chennai, India.

EC and CFPB meet on consumer risks from AI and BNPL

/regulation

EC and CFPB meet on consumer risks from AI and BNPL

US and European officials have begun an "informal dialogue" on consumer financial protection issues, focusing on the rise of Big Tech in payments; the use of AI in lending; and the emergence of buy now, pay later.

The Future of UK Fintech - 2015-2035

/Artificial intelligence

The Future of UK Fintech - 2015-2035

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CMA outlines competition concerns with AI Foundation Models

/markets

CMA outlines competition concerns with AI Foundation Models

The Competition and Markets Authority (CMA) has identified key risks to fair competition in AI Foundation Models (FMs), growing concerns as AI rapidly develops in the financial industry.

/wholesale

Kyriba expands AI suite

Kyriba, a global innovator in liquidity performance, today announced new AI features within its platform designed to improve cash forecasting, bank connectivity-as-a-service and custom report generation.

/startups

Isle of Man announces participants in fintech challenge

The Isle of Man Government today reveals the cohort of 16 international organisations that will take part in the Island’s biggest ever Innovation Challenge.

JPMorgan's Dimon stresses 'critical' impact of AI

/cloud

JPMorgan's Dimon stresses 'critical' impact of AI

In his annual letter to shareholders, JPMorgan Chase CEO Jamie Dimon has singled out the "critical impact" of AI and the "essential" importance of migration to the cloud.

/startups

Auditoria.AI introduces domain-specific small language model for finance, accounting and procurement

Auditoria.AI, the pioneer in automated, AI-powered intelligent applications for finance, today announced the latest updates to its ERP-centric cognitive automation platform featuring an industry-first domain-specific small language model (SLM), advanced human-in-the-loop technologies, and multiple options for large language model usage.

/security

Nice Actimize taps AI for fraud management platform

Nice Actimize, a Nice business (Nasdaq: NICE), today announced the availability of IFM 11 (Integrated Fraud Management), a new release of its market leading, AI-driven fraud management and detection platform.

Google Cloud wins major FS deals

/cloud

Google Cloud wins major FS deals

Google Cloud has used its annual Las Vegas event to unveil details of deals with big name financial services firms Citadel, Discover and Scotiabank.

/cloud

Silvr taps Google Cloud for AI-powered SME financing

Google Cloud and Silvr, a French startup specialising in short-term financing for SMEs, today announce a technological partnership, leveraging AI to facilitate entrepreneurs' solvency calculation and access to financing.

/regulation

Oracle launches AI-powered cloud service to help banks mitigate AML risks

With $5.05 trillion expected to be laundered this year alone, banks are struggling to keep up with the cost and complexity of compliance.

/regulation

SymphonyAI launches sanctions tech

SymphonyAI, a leading provider of predictive and generative enterprise AI SaaS solutions, today announced SensaAI for Sanctions, a platform-agnostic “AI upgrade” for any sanctions solution.

/retail

GFT taps Google for GenAI assistant

Projections show that the global AI adoption rate could grow as much as 40% between 2023 and 2030.

/wholesale

Linedata acquires French AI startup

Linedata (Euronext Paris: LIN), a global provider of asset management and credit technology, data, and services, today announces the acquisition of DreamQuark, a renowned French startup specializing in the development of artificial intelligence (AI) platforms and services for the financial services sector.

Fintech funding slides to 7-year low

/startups

Fintech funding slides to 7-year low

Global funding in the fintech sector has fallen to its lowest level since 2017, according to newly published research.

/cloud

Mphasis and AWS launch Gen AI Foundry for financial services

Mphasis, (BSE: 526299; NSE: MPHASIS), an Information Technology (IT) solutions provider specializing in cloud and cognitive services, today announced a multi-year global Strategic Collaboration Agreement (SCA) with Amazon Web Services (AWS).

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