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

Indata releases Architect AI

INDATA, a leading industry provider of software, technology and services for buy-side firms, today announced the release of iPM Portfolio Architect AI, the investment industry’s first portfolio construction, modeling, rebalancing and reporting solution based on AI and machine learning.

10 April 2018

Finextra TV/Artificial intelligence

Taking correspondent banking to the next level

Simone Del Guerra, Global Head of Transactional Sales, UniCredit, talks about how the correspondent banking marketplace is reacting to the issues of compliance restrictions, how it is reinventing itself using new technologies and initiatives, and how banks are responding to, and leveraging this to improve the payments services they offer to their clients.

09 April 2018

Finextra TV/Artificial intelligence

Best Execution obligations of MiFID II in action

John Mason, Global Head of Regulatory & Market Structure Strategic Response & Propositions, Thomson Reuters, talks about the impact of RTS 27 and 28 coming into force, what challenges firms are facing with satisfying the Best Execution requirement in terms of data, how the market and clients will be effected and how post MiFID II implementation will the impact non-financial institutions.

09 April 2018

News/Artificial intelligence

Seismic Foundry fintech fund to raise fresh capital

Capital markets venture fund Seismic Foundry has made a further two investments in the fintech startup space and begun raising funds for a new warchest for the 2018-19 financial year.

09 April 2018

Company update/Artificial intelligence

AI-based personal investing platform Arkera raises £4m

Arkera, the leading artificial intelligence platform that’s transforming personal investing, has raised £4,000,000 in a new round of funding.

05 April 2018

News/Artificial intelligence

Singapore's MAS preps guidelines for ethical use of AI and data analytics

The Monetary Authority of Singapore (MAS) has brought together industry players to work on guidelines for the "responsible and ethical" use of AI and data analytics in the financial services sector.

04 April 2018

News/Artificial intelligence

NatWest and Vocalink use machine-learning to tackle invoice redirection fraud

NatWest claims to have saved its corporate clients over £7 million through the use of a purpose-built system to detect and prevent invoice redirection fraud - where businesses are duped into paying money into a fraudster’s account rather than to their intended supplier.

03 April 2018

Company update/Artificial intelligence

AI startup vPhrase wins Temenos Innovation Jam Hong Kong

Temenos (SIX: TEMN), the banking software company, announces that the audience of the Innovation Jam in Hong Kong has voted vPhrase the winner of the fintech competition.

29 March 2018

Company update/Artificial intelligence

Bambu lands first American client, prepares to open office in London

We would like to announce a new client project based in America that we landed recently.

29 March 2018

Company update/Artificial intelligence

Japan Exchange Group applies AI in market suveillance operations

Japan Exchange Regulation ("JPX-R") and Tokyo Stock Exchange, Inc. ("TSE") decided to apply artificial intelligence (AI) to market surveillance operations to detect such misconduct as market manipulation.

28 March 2018

Finextra TV/Artificial intelligence

Payments transformation: the platform for unprecedented opportunities

Martin Coen, President of the new Enterprise Payments Solutions division within Fiserv, talks about the key changes in the payments market, the challenges faced by financial institutions and the help available to financial institutions to address their payments challenges as the opportunities available are unprecedented.

28 March 2018

News/Artificial intelligence

UBank enlists IBM Watson for RoboBrain assistant

Digital-only Australian bank UBank has teamed up with IBM to create a "hyper-personalised" AI-powered cognitive assistant for customer service employees.

28 March 2018

News/Artificial intelligence

Mizuho and IBM build market forecasting tool that mimics brain's learning schemes

Mizuho Financial Group has teamed up with IBM to develop an AI-based financial market forecasting tool that mimics the human brain's learning scheme.

27 March 2018

Company update/Artificial intelligence

MUFG makes investment, forms AI alliance with ExaWizards

Mitsubishi UFJ Financial Group, Inc. (MUFG) today announced that its subsidiary Japan Digital Design, Inc. (JDD) has entered into a business alliance with ExaWizards Inc. (ExaWizards) to accelerate development of services for the financial sector.

27 March 2018

Finextra TV/Artificial intelligence

AI sweet spot for customer convenience and experience

Martin Häring, Chief Marketing Officer, Finastra, talks about the hype around artificial intelligence, what quick wins banks can expect to reap from AI, from back office benefits to front office implications on customers, and whether customers will see AI being used in their bank branches soon.

27 March 2018

Finextra TV/Artificial intelligence

Mapping internal and external data with RegTech

Andrew Yuille, Head of Risk Business Solutions, Thomson Reuters, talks about what is driving financial services firms to consider RegTech, how the established institutions are looking at RegTech to help FinTechs and Challenger Banks compete, and how the RegTech landscape is likely to evolve in the next 5 to 10 years.

26 March 2018

News/Artificial intelligence

Savings chatbot Plum introduces ethical investment tool

British money management chatbot Plum has launched an investment tool that lets users choose where their money goes.

26 March 2018

News/Artificial intelligence

New Norwegian bank picks Tieto AI tech for loan applications

Kraft, a new Norwegian bank targeting customers rejected by other lenders, has selected Tieto's AI technology for processing loan applications.

23 March 2018

News/Artificial intelligence

EBAday 2018 zones in on fintech

Finextra and the Euro Banking Association are inviting some of Europe's most promising early-stage startups to present their ideas to banking delegates attending EBAday 2018, Europe's leading payments and transaction banking event.

23 March 2018

Company update/Artificial intelligence

Nice Actimize introduces AI-enabled financial crime investigation platform

As financial services organizations turn to automation to improve efficiency and provide cost reductions, NICE Actimize, a NICE (Nasdaq: NICE) business and the leader in Autonomous Financial Crime Management, is releasing its new Actimize ACTone, an artificial intelligence-enabled investigation management system that serves as the next generation alert and case management platform for financial services organizations (FSOs).

22 March 2018