Latest Artificial intelligence News: Finextra Research

Company update/ai

Artificial intelligence company Daisee wins Westpac Innovation Challenge

Westpac Group has announced Richard Kimber, CEO and Founder of artificial intelligence company Daisee, as the winner of the fifth annual Westpac Innovation Challenge.

14 December 2018

Company update/ai

NeoXam receives French accreditation for AI offering

NeoXam, a leading provider of data management and transaction software solutions dedicated to the financial industry, today announces it has received a “Finance Innovation Accreditation” by the French Public Authorities for its Artificial Intelligence (AI) offering.

12 December 2018

News/wholesale

Institutional investors ready to embrace new tech

Institutional investors are warming to the use of emerging technology to hit their growth objectives in a challenging market, according to a survey conducted by State Street.

12 December 2018

Finextra TV/Artificial intelligence

How corporates are using virtual account management

Petri Syvänne, Head of Global Sales and Business Development, Tieto, speaks at NextGen Banking Nordics 2018 in Stockholm about real-time liquidity and virtual account management, how corporates are using these and how this market is likely to evolve.

11 December 2018

Company update/security

The ai Corporation expands Australian footprint with MYOB partnership

The ai Corporation (ai), an FCA approved expert in payments, fraud and risk management, and MYOB, Australia’s leading provider of online accounting and business solutions, today announced a wide-ranging partnership, that will see MYOB roll out ai’s high availability, high performance, PCI compliant, omni channel payment gateway, with integrated fraud prevention, to all of its customers.

11 December 2018

Company update/regulation

Ontario Securities Commission seeks applications for fintech advisory committee

The Ontario Securities Commission (OSC) is seeking applications for membership on its Fintech Advisory Committee (FAC).

07 December 2018

News/Artificial intelligence

Tencent and Hang Seng Bank form fintech partnership

Hang Seng Bank has formed a fintech alliance with e-commerce giant Tencent that will see the pair work together on a host of initiatives, including a remote account opening system and payment services.

07 December 2018

Company update/Artificial intelligence

Squirro brings AI to insurance market

Squirro, the augmented intelligence solutions provider, has today announced the launch of a new suite of applications that aim to transform elements of insurance, from underwriting and submission-handling, to improved lead generation and deeper customer insight.

06 December 2018

Finextra TV/Artificial intelligence

The implementation and impact of AI in Financial Services

Michael Davison, Industry Principal, Financial Services, Atos UK and Ireland, talks about AI and the customer interface, middle and back office operations, and fraud prevention, how banks are coping with the challenges of implementing AI and how the market is likely to evolve.

06 December 2018

Finextra TV/Artificial intelligence

Anti Financial Crime and the launch of HotScan

Jan Macek, Vice President Financial Sector & Global Leader, CGI Anti Financial Crime solutions, speaks at Sibos 2018 in Sydney about why Anti Financial Crime should be on the priority list of todays financial industry, where the biggest challenges in fighting against financial crime are and the launch of the new version CGI HotScan.

05 December 2018

Company update/startups

Previse joins Oracle startup ecosystem

Previse, the instant supplier payments decisions company, has joined the Oracle Global Startup Ecosystem, Oracle’s program for high-potential, emerging technology companies across the globe.

05 December 2018

Company update/Artificial intelligence

Ondot ships digital card services platform

Ondot Systems, the global leader in powering mobile payment services, today announces a new suite of mobile, digital solutions that enable UK and Europe’s largest banks to compete and disrupt emerging challengers.

05 December 2018

News/ai

AI, Big Tech and the cloud will damage the banking industry if not embraced - Citibank

Citibank’s global head of bank research Ronit Ghose kicked off this year’s EMEA Media Summit by highlighting how artificial intelligence, Big Tech and core banking systems on the cloud will disrupt financial services.

05 December 2018

Company update/Artificial intelligence

CommonBond acquires NextGenVest

CommonBond, a leading fintech company that lowers the cost of education through data and technology, today announced the acquisition of NextGenVest, a pioneer in helping Generation Z make the best financial decisions from high school, through college, and beyond.

04 December 2018

News/Artificial intelligence

UniCredit and ING invest in Axyon AI

UniCredit and ING Ventures have contributed to a EUR1.3 million funding round in Axyon AI, an Italian startup that sifts through bank data sets in search of client investment opportunities.

04 December 2018

News/Artificial intelligence

US regulators push for new technology to tackle financial crime

US regulators have promised not to penalise banks that use artificial intelligence tools to spot gaps in existing anti-money laundering programmes, paving the way for the use of new technologies to tackle illicit financial activity.

04 December 2018

Company update/Artificial intelligence

Linedata teams with Trade Informatics

Linedata (Euronext Paris: LIN), a global provider of credit and asset management technology, data and services, announced it is teaming up with leading quantitative analytics firm, Trade Informatics (TI) to usher in the next generation of trading and advanced pre-trade analytics beyond how the market has traditionally defined and imagined transaction cost analytics (TCA).

04 December 2018

Company update/ai

Pelican launches sanctions 'self-learning' AI tool

Pelican, a global provider of AI-powered payments and financial crime compliance systems for banks and corporates, has launched a breakthrough sanctions self-learning module capable of delivering significant reductions in false positive rates (FPRs).

04 December 2018

News/Artificial intelligence

TD Ameritrade brings WeChat integration to the US

TD Ameritrade customers in the US can now do their research, access the markets and get support through Chinese social and messaging platform WeChat.

03 December 2018

News/Artificial intelligence

Swift Operations Forum Europe 2018, Amsterdam - Day 3 report

Day 3 of the Swift Operations Forum Europe (SOFE) 2018 featured a look at how the new era of open banking will have a dramatic impact on the financial services market.

03 December 2018