Finextra Research: Latest fintech news, analysis, interviews, features and opinion by industry experts

Mizuho prepares to open AI Lab

Mizuho Financial Group, Inc. (President & Group CEO: Tatsufumi Sakai), Blue Lab Co., Ltd. (President, CEO, & Representative Director: Daisuke Yamada), and Groovenauts, Inc. (President & CEO: Eihiro Saishu) will be holding a kick–off event on June 18, 2018 for Open AI Lab Tokyo, a jointly–established facility that seeks to leverage AI to explore new cross-industry business opportunities.

15 June 2018

News/Artificial intelligence

DBS to use robot to screen applicants for human jobs

DBS is using an AI-based recruitment agent to pre-screen candidates for job interviews, reviewing CVs, firing off questions and conducting psychometric tests.

15 June 2018

News/Artificial intelligence

Finn AI boosts chatbot through Visa developer platform

Canadian virtual assistant startup Finn AI is tapping Visa's developer platform to expand its conversational banking chatbot's capabilities.

15 June 2018

News/Artificial intelligence

RBC unveils $3.2bn tech budget in digital push

Royal Bank of Canada (RBC) is planning to spend $3.2bn on technology this year in a bid to attract new customers looking for more digital banking services.

14 June 2018

News/Artificial intelligence

Singapore to develop ethical code for AI and personal data use

Singapore's government has outlined plans to develop a governance programme around the use of artificial intelligence and personal data in its bid to become an international centre for new technology.

13 June 2018

News/Artificial intelligence

Live: EBAday2018, day two

Payments professionals from across Europe are gathering in Munich this week for EBAday 2018, hosted by the Euro Banking Association and Finextra. We're liveblogging events here.

13 June 2018

News/Artificial intelligence

10,000 jobs could be lost to robots says Citi

US bank Citi has warned that it could shed half of its 20,000 tech and ops staff in the next five years due to the rise of robotics and automation.

12 June 2018

News/Artificial intelligence

Enterprise Ireland launches fintech fund

Ireland's state-owned economic development agency Enterprise Ireland has announced the launch of a €750,000 Competitive Start Fund for promising fintech startups.

12 June 2018

News/Artificial intelligence

Regtech firm Cappitech raises $4m

Cappitech, a provider of automated regulatory reporting technology to the FS industry, has raised $4 million in a Series A funding round led by 83North and joined by the co-founders of Markit.

12 June 2018

News/Artificial intelligence

Live: EBAday2018, day one

Payments professionals from across Europe are gathering in Munich this week for EBAday 2018, hosted by the Euro Banking Association and Finextra. We're liveblogging events here.

12 June 2018

Company update/Artificial intelligence

Eigen Technologies raises £13m

Eigen Technologies, the research-led artificial intelligence company for finance, law, and professional services, has completed a £13m ($17.5m) Series A funding round co-led by Goldman Sachs Principal Strategic Investments (PSI) and Temasek.

11 June 2018

News/Artificial intelligence

Canadian fintech fund launches with $75m

Luge Capital, a Canadian fintech venture capital fund with a focus on AI, has opened for business after securing a $75 million investment pot from several Quebec-based financial institutions.

11 June 2018

Finextra TV/Artificial intelligence

A happy marriage between AI and regtech

Husayn Kassai, CEO and Co-Founder, Onfido, talks at NextGen Banking London: The AI Revolution, about how the industry exploiting advanced techniques in this Regtech and AI arena, whether regulators are doing enough to advance and enable AI use in this space, and what strategies are needed so that the marriage of AI and regtech has a happy ending.

11 June 2018

Finextra TV/Artificial intelligence

Digital to the Core

David Arnott, CEO, Temenos, talks at the Temenos Community Forum about the theme 'Digital to the Core', what business models and technology advancements banks need to make in preparation for platformification and what banks can do to stay competitive.

11 June 2018

News/Artificial intelligence

London claims to be AI capital of Europe

Not content with being Europe's leading fintech hub, London is also staking a claim to the role of the EU's Artificial Intelligence (AI) capital, home to double the number of AI companies than closest rivals Paris and Berlin combined

11 June 2018

Finextra TV/Artificial intelligence

Partnerships in AI

Naveed Hussain, AI Architect and Evangelist, Microsoft UK, talks at NextGen Banking London: The AI Revolution, about Mirosoft's view of AI and how it informs their engagement with banks, how their partnership with Atos and Dell EMCE on AI will develop and what sort of customer strategies are emerging at the moment around AI.

10 June 2018

Finextra TV/Artificial intelligence

Reaping the rewards from robotic

David Bannister, Senior Analyst, Ovum, talks at NextGen Banking London: The AI Revolution, about the difference between robotic process automation and previous automation, the areas it have the biggest impact and what benefits banks can expect to see as a result.

10 June 2018

Finextra TV/Artificial intelligence

Integrating AI into the business process

Mike Blalock, General Manager, Intel Corporation, talks at NextGen Banking London: The AI Revolution, about the role of AI in the future, the reality in compassion to the hype and what some of the paths are to implementing.

07 June 2018

Finextra TV/Artificial intelligence

Having a thorough understanding of AI

Clara Durodié, Founder and CEO, Cognitive Finance Group, talks at NextGen Banking London: The AI Revolution, about the next generation of AI, how far the industry has progressed with AI, what the greatest advancements have been so far and what vision banks need when beginning their AI journey.

07 June 2018

Company update/Artificial intelligence

AiX completes first AI-brokered trade

AiX, the artificial intelligence broker, announces today that it has completed the first ever trade brokered by an AI powered chatbot.

07 June 2018