Latest Artificial intelligence News: Finextra Research

VC Finch Capital to invest EUR20m in Irish fintech startups

VC firm Finch Capital has earmarked EUR20 million for investment in Irish fintech-focussed startups after scoring EUR10 million from State agency Enterprise Ireland.

13 February 2019

News/ai

UOB targets Singapore's 'emerging affluent' with state-of-the-art branch

United Overseas Bank (UOB) is mixing the physical and the digital with a new tech-packed branch focussed on Singapore's large "emerging affluent" class.

12 February 2019

Company update/ai

Solactive partners Truvalue Labs on AI-driven ESG indices

Solactive, the German index engineering firm, will collaborate with San Francisco-based AI company Truvalue Labs, intensifying efforts to meet a significant increase in client demand for ESG indices.

11 February 2019

News/ai

UBank launches 'digital human' home loan assistant

Australian online bank UBank is set to debut the latest member of its home loan team, Mia, a digital assistant with a human face powered by artificial intelligence technology.

11 February 2019

Finextra TV/Artificial intelligence

Industry challenges around IBOR Transition

Andrew Kouloumbrides, CEO, Xceptor and Bruce Laing, Partner, IBOR Transition lead, Baringa, speaks about the industry challenges around IBOR Transition, what Financial Institutions have done up to date to meet these challenges and what to expect next.

11 February 2019

News/ai

Mizuho taps AI to automate data processing of hand-written docs

Japan's Mizuho Financial Group has teamed up with six regional financial institutions to develop an AI-based tool for automating data processing of hand-written documents and non-standard forms.

11 February 2019

News/ai

Pagaya uses AI to issue $100m in asset-backed securities

Pagaya, a startup bringing AI to the asset management industry, has hit a milestone with news that it is issuing and overseeing $100 million in actively managed asset-backed securities (ABS) led by structuring agent Cantor Fitzgerald.

08 February 2019

News/ai

BBVA's Propel invests in psych/AI startup DataSine

Propel Venture Partners, BBVA’s San Francisco based venture capital investment vehicle, has co-led a $5.2 million funding round into London-based DataSine, which blends psychology with machine learning to create highly individualised marketing campaigns.

08 February 2019

Finextra TV/Artificial intelligence

FinTech, RegTech & The Role of Compliance

Stacey English, Head of Regulatory Intelligence, Thomson Reuters, speaks about how regtech is changing compliance, the challenges firms need to overcome to be able to implement new technology like regtech, what impact regtech will have on compliance functions in practice and how engaged compliance and boards are in the assessment and adoption of new technology.

08 February 2019

News/Artificial intelligence

Financial inclusion takes stage at massive blockchain hackathon

Financial inclusion and security will be one of the challenges at what is being billed as the world's largest blockchain and AI hackathon, taking place in the Netherlands this April.

08 February 2019

News/ai

NatWest Data COO: ’Overhyped’ AI must work for customers

In an interview with Finextra, NatWest chief operating officer for data and analytics, Paul Hollands, reveals that although he considers artificial intelligence to often be no more than a buzzword, the UK bank’s new data academy will let staff leverage practical technologies such as machine learning to build better services for customers.

07 February 2019

Company update/security

Onfido hires former Amazon robotics head Mahadevan as VP of research

Global identity verification provider Onfido today announces that it has hired Mohan Mahadevan as its VP of Research.

06 February 2019

Company update/payments

Yooz arrives in the UK

Yooz, an international provider of intelligent P2P software, today announces the launch of its automated, cloud-based accounts payable (AP) solution in the UK.

06 February 2019

News/Artificial intelligence

Experian joins $11m funding round for credit scoring startup Aire

Aire, a fintech startup bidding to make credit "fairer" for consumers, has raised $11 million in a Series B funding round led by Crane Venture Partners and joined by Orange Digital Ventures and the venture arm of Experian.

04 February 2019

Finextra TV/Artificial intelligence

Trust, Identity and Security around Open Banking

John Knuff, Vice President of Global Ecosystems, Equinix, speaks about trust, identity, and cross-border payments, and how open banking, PSD2 and fintech partnerships are changing the financial ecosystem.

30 January 2019

News/devops

NatWest builds data academy open to all staff

NatWest is looking to train up its staff for the data revolution by pumping £1 million into an academy open to all of its 70,000 employees.

30 January 2019

News/ai

Financial crime fighting AI platform Mimiro raises $30m

Anti-financial crime AI platform Mimiro has raised $30 million in a Series B funding round led by Index Ventures.

30 January 2019

Company update/ai

Feedzai integrates with DataRobot

Feedzai, a leading provider of fraud prevention and anti-money laundering products built on artificial intelligence and DataRobot, the leading provider of machine learning tools across industries, have partnered to allow banks, merchants, processors, and other financial institutions to incorporate DataRobot machine learning models directly into the Feedzai platform to create a superior platform for financial crime detection.

29 January 2019

Company update/ai

Envestnet | Yodlee buys Abe AI

Envestnet | Yodlee (NYSE: ENV), a leading data aggregation and analytics platform powering dynamic, cloud-based innovation for digital financial services, recently acquired Abe AI which enables Yodlee's new Conversational AI.

28 January 2019

News/Artificial intelligence

AI-based behavioural analytics firm Featurespace secures £25 million funding

UK-based anti-fraud behavioural analytics firm Featurespace has raised a £25 million funding round led by New York VC Insight Venture Partners and MissionOG.

28 January 2019