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

KiteEdge forms heavyweight advisory board

KiteEdge, a company providing asset managers with the tools to find, collaborate, and leverage content across complex and often siloed organizations, today announced their advisory board, which includes key industry figures such as Amar Rajani, ex-Product Head at Bloomberg; Stephen Scruton, ex-Head of Research at HSBC; and Yoann Turpin, Quant Trader and Business Angel, among others.

22 March 2018

News/Artificial intelligence

Citi rolls out Facebook Messenger bot in Singapore

Citi has launched its first natural language chatbot for Facebook Messenger in Singapore ahead of a wider roll out around the world.

20 March 2018

News/Artificial intelligence

BNP Paribas leads $30 million round in AI firm Digital Reasoning

BNP Paribas has led a $30 million funding round in artificial intelligence outfit Digital Reasoning. Barclays and Square Capital also participated, as well as previous investors Goldman Sachs, Nasdaq, Lemhi Ventures, HCA, and the Partnership Fund for New York City.

20 March 2018

Company update/Artificial intelligence

MiFID II driving tech revolution in asset management firms

Liquidnet, the global institutional trading network, today published the results of a recent survey of global asset management firms that explores how MiFID II impacts the role of technology in trading corporate bonds.

19 March 2018

Company update/Artificial intelligence

Finantix acquires Asian fintech start-up smartfolios

Finantix, global provider of enterprise solutions in WealthTech, InsurTech and RegTech, is proud to announce its acquisition of smartfolios, the creators of quant-enabled investment tools that support all the key stages of the digital advisory value chain.

19 March 2018

News/Artificial intelligence

DKB introduces 'Herbie', the credit chatbot

Berlin-based Deutsche Kreditbank AG (DKB) is working with local startup FinReach to launch an online chatbot capable of guiding customers through the process of applying for a loan.

15 March 2018

Company update/Artificial intelligence

SpiceFactory ships white label banking chatbot Cognito

SpiceFactory today announced the launch of Cognito, a white label chatbot platform that enables on-demand, contextual banking experiences.

14 March 2018

News/Artificial intelligence

Singapore's OCBC establishes dedicated AI Lab

Singapore's OCBC Bank is to spend $10 million over the next three years to develop inhouse expertise in artificial intelligence with the creation of a dedicated AI division.

14 March 2018

Company update/Artificial intelligence

IMF's Christine Lagarde calls for crackdown on crypto criminals

The same reason crypto-assets like Bitcoin are so appealing is also what makes them dangerous.

13 March 2018

News/Artificial intelligence

Tandem to buy personal finance app Pariti

UK digital challenger bank Tandem has stepped up its aggregation game by agreeing to acquire personal finance app Pariti. Financial terms have not been disclosed.

13 March 2018

Finextra TV/Artificial intelligence

AI augmenting compliance processes

Jorg Schaper, Global Head of Proposition, KYC & Future Screening Platform, Thomson Reuters, talks about the main challenges organisations are facing with compliance screening, the impact of artificial intelligence and machine learning on KYC and AML compliance processes and how regulation and technology will evolve in the coming years.

13 March 2018

Company update/Artificial intelligence

European Commission wants to construct an ethics framework for AI

The Commission is setting up a group on artificial intelligence to gather expert input and rally a broad alliance of diverse stakeholders.

12 March 2018

News/Artificial intelligence

European Commission sets out 23-step 'Fintech Action Plan'

The European Commission has set out details of a 23-step 'Fintech Action Plan' to promote the digital transformation of the financial services sector, including the establishment of an EU Fintech Laboratory, the creation of a best-practices blueprint for regulatory sandboxes and substantial crowdfunding reforms.

08 March 2018

Company update/Artificial intelligence

Wealth managers say keeping up with new tech is top challenge

Building on its commitment to help connect and empower the global financial community by harnessing proprietary data and analytics designed to add greater client value, Thomson Reuters today announced the findings of its Digitalization of Wealth Management report 2018 in collaboration with Forbes Insights.

07 March 2018

News/Artificial intelligence

S&P Global agrees to buy AI startup Kensho

S&P Global has agreed a $550 million cash and stock deal to buy Kensho Technologies, a provider of analytics, AI, machine learning and data visualisation systems to Wall Street banks.

07 March 2018

Company update/Artificial intelligence

Orange Bank taps IBM Watson for virtual advisor

Orange, the leading French telecom operator, has been proposing since November 2017 a disruptive banking model with Orange Bank which has today reached nearly 100,000 customers.

06 March 2018

Company update/Artificial intelligence

Thomson Reuters collaborate with eBrevia for AI-driven contract remediation

Thomson Reuters has teamed up with eBrevia, a leading machine-learning contract analytics platform, to help enterprises tackle large and complex contract remediation projects involving commercial contracts.

06 March 2018

News/Artificial intelligence

EBAday agenda to spell out new payments paradigm

Innovations in technology and practitioner insights into payment trends will top the agenda at EBAday 2018, Europe's leading payments and transaction banking conference, which is being staged this year at the ICM-Internationales Congress Centre in Munich.

02 March 2018

Company update/Artificial intelligence

Sberbank launches AI Academy project for schoolchildren

Sberbank’s charity foundation Contribution to the Future has launched a series of events for schoolchildren titled AI Academy.

01 March 2018

Company update/Artificial intelligence

CIMB upgrades EVA mobile assistant

CIMB Bank Berhad (“CIMB” or “the Bank”) has added new features to its first-in-ASEAN, innovative and multi award-winning mobile application, the CIMB Enhanced Virtual Assistant (EVA), to bring further personalised, convenience and improved experience to its customers.

27 February 2018