Latest Artificial intelligence News: Finextra Research

Financial crime fighting AI platform Mimiro raises $30m

Anti-financial crime AI platform Mimiro has raised $30 million in a Series B funding round led by Index Ventures.

30 January 2019

Company update/ai

Feedzai integrates with DataRobot

Feedzai, a leading provider of fraud prevention and anti-money laundering products built on artificial intelligence and DataRobot, the leading provider of machine learning tools across industries, have partnered to allow banks, merchants, processors, and other financial institutions to incorporate DataRobot machine learning models directly into the Feedzai platform to create a superior platform for financial crime detection.

29 January 2019

Company update/ai

Envestnet | Yodlee buys Abe AI

Envestnet | Yodlee (NYSE: ENV), a leading data aggregation and analytics platform powering dynamic, cloud-based innovation for digital financial services, recently acquired Abe AI which enables Yodlee's new Conversational AI.

28 January 2019

News/Artificial intelligence

AI-based behavioural analytics firm Featurespace secures £25 million funding

UK-based anti-fraud behavioural analytics firm Featurespace has raised a £25 million funding round led by New York VC Insight Venture Partners and MissionOG.

28 January 2019

Company update/ai

ZestFinance ports AI credit tool to Microsoft Cloud

Today, ZestFinance announced a strategic collaboration with Microsoft to deploy Zest's machine learning (ML) software tools directly on Microsoft Azure and Machine Learning Server platforms to deliver the first fully explainable artificial intelligence (AI) solution for highly regulated industries, starting with the financial sector.

28 January 2019

Company update/ai

Central Bank of Brazil launches virtual assistant service

In January 2019, the Central Bank of Brazil launched the web application Din, a new communication channel that aims to facilitate the citizens' access to information regarding their ongoing relationship with financial institutions.

25 January 2019

Company update/ai

Calculus Capital invests £2.5m in Essentia Analytics

Enterprise Investment Scheme (EIS) and Venture Capital Trust (VCT) specialist Calculus Capital has invested £2.5m in fintech company Essentia Analytics, a leading provider of behavioural data analytics and consulting for professional investors.

24 January 2019

Company update/ai

Grasshopper taps Solace for AI-powered trading

Grasshopper, Singapore’s leading proprietary trading firm and liquidity provider, has expanded its deployment of the Solace PubSub+ advanced event broker to offer enhanced capabilities that use machine learning for predictive trading.

22 January 2019

News/Artificial intelligence

Five emerging tech trends to watch in 2019

Beth Devin, head of innovation network and emerging technologies at Citi Ventures, selects five technologies that could have a major impact on financial institutions and their clients in 2019 and beyond.

21 January 2019

Company update/ai

AI to outperform human credit decisions by 2024 - survey

Artificial intelligence (AI) will produce more accurate, reliable and transparent credit decisions than human-based systems within five years, according to capital markets professionals surveyed by Intertrust.

21 January 2019

News/devops

ING builds analytics academy to help employees with data skills

ING is setting up an 'analytics academy' where any member of the Dutch bank's staff can brush up on their data skills.

18 January 2019

Company update/ai

Ingenico launches IBM Watson-enabled chatbot

Ingenico Group, the global leader in seamless payment, launched its innovative payment-enabled chatbot, which uses natural language processing (NLP) from IBM Watson to create a smooth customer experience.

14 January 2019

Finextra TV/Artificial intelligence

Interconnection and data at the edge

Eleni Coldrey, Business Development Director - EMEA lead for innovation in Financial Services, Equinix, talks about interconnection and data at the edge, what the biggest hurdles are around Open Banking and how interconnection is helping to support Open Banking.

14 January 2019

Company update/Artificial intelligence

Featurespace selected by everis for machine learning risk management

Featurespace, the leading machine learning Adaptive Behavioural Analytics fraud and risk management company, announced that everis, a multinational business consultancy serving clients in multiple sectors, has selected its ARIC™ platform to help banks combat payments and account fraud.

10 January 2019

News/Artificial intelligence

Investment Association opens second fintech cohort

The trade body for the UK's fund management industry, the Investment Association (IA), has extended its fintech accelerator initiative with the launch of a second cohort.

09 January 2019

News/Artificial intelligence

TD integrates chatbot into app

Canada's TD Bank has integrated an AI-powered chatbot called Clari into its mobile app to help users keep track of their spending.

09 January 2019

News/startups

Fountain City Fintech grads win investment from nbkc

Kansas City-based nbkc bank has invested in two Bay Area graduates of its Fountain City Fintech programme, a 75-day accelerator for scaling promising startups.

02 January 2019

News/Artificial intelligence

Lights, camera, action! Finextra TV highlights 2018

It’s been a busy year for the Finextra TV team, posting 251 video interviews with leading industry figures during the course of 2018. Here are the top five by viewing figures.

21 December 2018

News/Artificial intelligence

2018: The future of banking in the spotlight as digital trends take hold

As Finextra pulls the shutters down on 2018, we take a look back at our most popular news items and community engagement activities over the course of the past year. The site will re-open for business on 2 January 2019.

21 December 2018

News/Artificial intelligence

Finextra Research roundup: AI and Digital ID to the fore

Some very interesting narratives have emerged over the course of 2018 through Finextra’s reports, most of which we expect to progress into increasingly diverse and innovative discussions during 2019.

21 December 2018