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

Singapore's Active.Ai targets US market

Singapore-based artificial intelligence startup, Active Intelligence Pte Ltd (Active.Ai), made a significant step into the United States and Mexico by signing two important clients.

27 February 2018

Company update/Artificial intelligence

Robot Anna begins working at Sberbank’s corporate client contact centre

Sberbank has begun robotising its contact centre for corporate clients.

26 February 2018

Finextra TV/Artificial intelligence

Creating transparency around opaque markets

Leon Saunders Calvert, Global Head of Capital Markets & Advisory, Thomson Reuters, talks about the impact of fintech so far in the investment banking space, whether the IB market is changing its approach to its own technology teams and in turn its engagement with service providers, and whether banks are under increasing cost pressures.

26 February 2018

News/Artificial intelligence

CBA and ING partner on RegTech pilot

Commonwealth Bank of Australia and ING have carried out a RegTech pilot which saw them use AI to simplify the processing of regulatory information.

22 February 2018

Company update/Artificial intelligence

IPC and GreenKey collaborate on voice-to-data AI

IPC, a leading global provider of secure, compliant communications and networking solutions for the financial markets community, and GreenKey Technologies, creator of patented voice software with integrated speech recognition designed specifically for the financial markets, today announced that they have just signed an agreement for a significant collaboration between the firms.

22 February 2018

Company update/Artificial intelligence

Nice Actimize applies AI in fight against financial crime

Financial services organizations and their compliance programs face the hard realities of meeting regulatory requirements around detecting and reporting anti-money laundering schemes, while managing the cost of compliance.

21 February 2018

Finextra TV/Artificial intelligence

Data savvy and tech heavy CMOs

Martin Häring, Chief Marketing Officer, Finastra, talks about the implementation priorities for banks in 2018, what bank CMOs will be focusing on this year, and whether PSD2 and GDPR are a threat or an opportunity for banks.

21 February 2018

Finextra TV/Artificial intelligence

Third-party due diligence requirements for financial institutions

Sylwia Wolos, Head of Enhanced Due Diligence Proposition, Thomson Reuters discusses the third-party due diligence requirements for financial institutions, the technical developments in due diligence research and the possibilities of aligning the overlapping parts of the anti-money laundering (AML) and third-party risk compliance processes.

16 February 2018

News/Artificial intelligence

Citi and PNC invest in B2B payments outfit HighRadius

Citi Ventures and PNC have made strategic investments in business-to-business payments and receivables software provider HighRadius. Terms were not disclosed.

15 February 2018

Company update/Artificial intelligence

Wells Fargo adds AI enhancements to app

Today Wells Fargo & Company (NYSE: WFC) announced that mobile banking deposit customers nationwide now have access to a predictive banking feature that analyzes account information, providing mobile app users with tailored account insights and personalized financial guidance.

13 February 2018

Company update/Artificial intelligence

Nuvo chatbot promises mortage in principle within 15 minutes

SAVVY house hunters will soon be able to get ahead in their house hunt with the release of a new online journey that finds them the right mortgage in just 15 minutes.

13 February 2018

Finextra TV/Artificial intelligence

Taking a platform approach to connected risk and all risk data

Gareth Evans, Managing Director, Enterprise Risk Management, Thomson Reuters, talks about the challenges financial institutions are facing around risk data, how using a risk ‘platform’ allows for an aggregation of risk across all divisions and what part AI plays in harnessing risk.

13 February 2018

Company update/Artificial intelligence

collectAI launches in UK through partnership with Pay360 by Capita

collectAI, a Hamburg-based AI account receivables management company, has officially expanded into the UK, through a partnership with Pay360 by Capita.

13 February 2018

News/Artificial intelligence

TD Ameritrade lets users trade through Twitter

Customers of US brokerage TD Ameritrade can now research and trade stocks and exchange traded funds through Twitter direct messages.

08 February 2018

Company update/Artificial intelligence

RBL Bank and Invest India team up to back local startups

RBL Bank, one of India’s fastest-growing private sector banks and Startup India, a flagship initiative of Government of India, and Invest India have come together to launch a unique initiative - InFinIT20.

08 February 2018

Company update/Artificial intelligence

Wirecard mobile app implements chatbot to handle consumer queries

Wirecard, one of the leading global specialists for digital financial technology, will soon offer innovative, fully-digital and automated consumer interaction experiences via a Chatbot handling consumer enquiries.

08 February 2018

Company update/Artificial intelligence

Toyota Financial Services launches credit assessment evaluation with Aire

Aire, which provides an alternative way for lenders to understand and score credit applicants, today announces that it is launching an evaluation with TFS for its Artificial Intelligence (AI) platform.

08 February 2018

Company update/Artificial intelligence

Consumers say no to chatbot silos in US and UK

eGain (NASDAQ:EGAN), the leading provider of cloud-based customer engagement solutions, today announced that chatbot silos are the biggest hurdle for consumers in using virtual assistants. The finding is from an independent survey of 3,000 consumers, conducted by Chatbots.org.

07 February 2018

News/Artificial intelligence

Bristol startup NetKernel hires Deutsche Bank innovation lead as CEO

Charles Radclyffe, the head of technology at Deutsche Bank Labs, has quit the bank to lead Bristol UK-based data processing startup NetKernel.

07 February 2018

Company update/Artificial intelligence

RBC research offshoot Borealis AI adds to talent pool

Borealis AI, an RBC Institute for Research, is continuing to expand its artificial intelligence (AI) research team across Canada with the addition of Professor Pascal Poupart of the University of Waterloo and Professor Marcus Brubaker of York University. Both join as senior researchers.

06 February 2018