Latest Artificial intelligence News: Finextra Research

Empower chalks up $20 million Series A

Empower, a mobile banking app in the US challenger bank category, has raised $20 million in Series A funding, with participation from Icon Ventures, Defy Ventures, and David Velez, founder and CEO of Brazil's Nubank.

06 March 2020

Company update/Artificial intelligence

Temenos Quantum integrates with Explainable AI platform

Temenos (SIX: TEMN), the banking software company, today expanded its Temenos Quantum market-leading multiexperience development platform (MXDP), giving businesses greater control of their digital transformation and allowing them to offer smarter, AI-powered digital experiences.

05 March 2020

Company update/ai

Active.Ai app comes to Finastra FusionStore

Finastra customers can now consume Active.Ai’s conversational AI retail banking app via the FusionStore.

04 March 2020

Company update/Artificial intelligence

Airwallex taps i2c to help power B2B borderless card

I2C Inc., a leading provider of payment and open banking technology, today announced it is the payments processor enabling global fintech leader, Airwallex, to deliver its new business-to-business (B2B) Airwallex Borderless Card.

04 March 2020

Company update/ai

Abaka joins Avaloq ecosystem

Abaka and Avaloq have announced a strategic partnership where Abaka will join the Avaloq.one Ecosystem to collaborate on building new AI platforms and digital solutions for client banks of Avaloq around the world.

03 March 2020

Company update/ai

Visa API adds support for conversational AI from Clinc

Clinc today announced a partnership with Visa to bring Clinc’s conversational AI banking experience to financial institutions and banking customers around the globe.

03 March 2020

Company update/ai

Visa teams up with Clinc

Clinc today announced a partnership with Visa to bring Clinc’s conversational AI banking experience to financial institutions and banking customers around the globe.

02 March 2020

Company update/ai

MDOTM names Simone Facchinato as chief investment offier

MDOTM, the Fintech startup that leverages AI to develop investment strategies for institutional investors, wealth managers, and asset managers, appoints Simone Facchinato as its new Chief Investment Officer.

02 March 2020

News/Artificial intelligence

Belgian digital bank Aion launches

A subscription-only digital bank promising to use AI to help customers maximise their money, has launched in Belgium.

28 February 2020

News/Artificial intelligence

Pope weighs in on AI ethics debate

The Pontiff is the latest public figure to offer an opinion on the ethics of using artificial intelligence (AI), issuing a set of principles on the use of new technology.

28 February 2020

Company update/Artificial intelligence

Finastra welcomes more apps to FusionStore marketplace

Finastra today announced the launch of four new retail banking apps on FusionStore, the firm’s app marketplace. Built during Finastra’s first appathon in North America, at the tail end of last year, the apps – which provide innovative saving, spending control and personal finance management services – use open APIs, accessible via the FusionFabric.cloud development platform.

26 February 2020

Company update/ai

SimCorp takes stake in machine learning startup Alkymi

SimCorp, a leading provider of investment management solutions and services to the global financial services industry, today announces a partnership with New York based start-up, Alkymi, to launch a new Machine Learning (ML) initiative.

26 February 2020

Finextra TV/cloud

Spotlight on Stream Processing and Machine Learning

David Brimley, Financial Services Industry Consultant, Hazelcast, speaks to FinextraTV about what financial services firms are doing with machine learning and what firms should consider as they progress through their machine learning journey. He explains how streaming data fits in financial services, how firms can ease into streaming without going through a complete re-architecture of their systems and how financial services technologists need to keep an eye on developments in In-memory computing, Cloud and Containerization.

25 February 2020

Finextra TV/retail

Top trends for Merchants: Platforms, Scale, Regulation and cheap Technology.

Ron Kalifa, Chairman, Network International, opened Day 1 at the Merchant Payments Ecosystem in Berlin speaking amongst a panel of industry leaders on trends that are arising and setting the tone for the Year 2020. He shares with Hannah Wallace from FinextraTV what it takes to successfully lead a company in such an ambiguous market, how payments companies need to anticipate changes in platform technology, the challenges aground scalability and the hurdles regulation will bring.

25 February 2020

Finextra TV/regulation

The Benefits of Fintech, Regtech and the Role of Compliance in 2020

Susannah Hammond, Senior Regulatory Intelligence Expert, Thomson Reuters Regulatory Intelligence, speaks off the back of the Fintech, Regtech and the Role of Compliance Report 2020, about the benefits fintech and regtech offer, their operational efficiencies and effectiveness, the improved services for customers and greater business opportunities they provide. Susannah also sheds light on why some firms haven't deployed fintech or regtech, what's stopping them and how the concern about lack of skills is being addressed.

25 February 2020

Company update/ai

Microsoft and SBI Foundation collaborate on training for staff with disabilities

Microsoft India today announced a collaboration with SBI Foundation to create opportunities for youth living with disabilities in the Banking, Financial Services and Insurance (BFSI) sector.

24 February 2020

News/ai

Softbank to invest $100m in AI start-up Behavox

Softbank's second Vision Fund is on the verge of investing $100m in Behavox, a UK startup which uses AI to monitor employees' behaviour at financial services companies.

21 February 2020

Finextra TV/sustainable

The art of Wardley Mapping Sustainable business goals

Mapping Sustainable business goals to a technology strategy is as much art as it is computer science. Matthew Adams Founder at Endjin the brains behind the Ocean Mind story, sat down with Richard Peers to discuss how they help organisations do just that using Wardley Mapping. The two then dive into the detail of the role of data which is so crucial to Sustainable Finance.

20 February 2020

News/ai

EU sets out plans for Big Data and AI

The European Commission is to invest EUR2 billion in the creation of an EU cloud alliance as part of an overarching strategy to leverage the region’s strong industrial data sets and boost development of AI technologies.

20 February 2020

Finextra TV/sustainable

Sound advice on Sustainable Investing

William Armitage, Head of Business Development at Route2, sat down with Richard Peers to discuss Route2’s role advising both corporates and investors. If Sustainable Investing is about understanding the data that informs the value of the underlying asset, then Route2’s 'Total Capital Accounting' approach for evaluating and understanding societal impact and its connection to value creation and value erosion, has to be an approach worth greater consideration. Will talks through one of Route2’s corporate case studies The Crown Estate, and offers fascinating insight into how the many sources of data they consume are advancing their Investor Analytics solution.

20 February 2020