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

Singapore offers $20m grant for banks' AI and data projects

Singapore has stepped up its fintech ambitions with the offer of a S$27m ($19.91m) grant to promote the further use of artificial intelligence and data analytics in the financial services market.

15 November 2017

Company update/Artificial intelligence

Emirates NBD goes digital in Dubai

Emirates NBD, a leading banking group in the region, today opened its first paperless digital branch at Dubai World Trade Centre (DWTC).

15 November 2017

Company update/Artificial intelligence

Ally Bank plugs into Alexa

Ally Bank today announced the launch of the Ally Skill for Alexa providing customers a quick and easy way to access and manage their Ally Bank accounts using an Amazon® Alexa-enabled device.

14 November 2017

Finextra TV/Artificial intelligence

Completing the last mile with AI

Gerry Gibney, Senior Strategist, Financial Services, OpenText, talks at Sibos 2017 about how AI is helping banks in the payments business by reducing cost and human inefficiency, whilst improving customer experience, and what the barriers are behind the benefits.

14 November 2017

Finextra TV/Artificial intelligence

Bringing clarity to PSD2 challenges for payments and retail operators

John Snoek, VP Product & Operations, Acapture & Payvision, talks about how the arrival of PSD2 will disrupt the marketplace and what business opportunities the industry can expect to see from the regulation.

14 November 2017

News/Artificial intelligence

Standard Chartered to roll out AI chatbot

Standard Chartered is to launch an AI-powered chatbot to provide clients with natural language assistance in managing money, making payments and analysing their spending.

14 November 2017

Finextra TV/Artificial intelligence

From tepid revenue to a doubling in growth

Patricia Hines, Senior Analyst, Celent, and Simon Paris, Deputy CEO, Finastra, talk at Sibos 2017 about the recently launched research paper on Connected Corporate Banking and what its statistics on revenue pools tell us about revenue opportunities in corporate banking, what their advice is for banks hoping to take advantage of those pools and what risks banks face in failing to invest in new technology.

13 November 2017

News/Artificial intelligence

NAB goes on tech hiring spree

As it kicks off a three-year programme designed to simplify the bank and reshape its workforce for the digital age, Australia's NAB is promising to immediately hire 600 technology specialists in the areas of software engineering, data, architecture and security.

10 November 2017

Finextra TV/Artificial intelligence

Breaking the rip and replace cycle

Nadeem Syed, CEO, Finastra, talks at Sibos 2017 about the challenges banks face today, how they can break the rip and replace cycle while they look for faster ROI and what is driving the gain in momentum towards open APIs.

09 November 2017

Finextra TV/Artificial intelligence

Data is the new oil

David Puth, Chief Executive Officer, CLS, talks at Sibos 2017 about the big picture trends shaping the foreign exchange market, what data and processing settlement challenges the market is facing, and the growing level of influence of blockchain and DLT.

09 November 2017

Company update/Artificial intelligence

OCBC taps ThetaRay for AI-based AML screening project

On any one typical work day, an OCBC Bank anti-money laundering (AML) compliance analyst would log into the bank’s transaction monitoring system and find up to hundreds of potentially suspicious transactions he or she had to review.

08 November 2017

Finextra TV/Artificial intelligence

Banks look to utilise the richness of the cloud

Nadish Lad, Global Head of Payments Products, Volante Technologies, talks at Sibos 2017 about the growing trend towards payments as a service in the cloud, how easy it is to put a payments suite in the cloud, and what sort of services customers can expect to see being offered in the cloud.

08 November 2017

Finextra TV/Artificial intelligence

Testing tools towards AI

Philippe Ruault, Head of Digital Transformation, BNP Paribas Securities Services, talks at Sibos 2017 about the launch of the Tata Consultancy Services partnership to bring efficiency to corporate action notifications, how artificial intelligence will be used, and what progress there has been made on big data.

08 November 2017

Finextra TV/Artificial intelligence

The tuning of use cases over time

Andy Hirst, VP Banking Solutions (IBU), SAP, talks at Sibos 2017 about how he would define machine learning and how it has developed, what value the use cases of ML have had in corporate banking and how he sees the use of ML evolving in the near future.

08 November 2017

Finextra TV/Artificial intelligence

Change legacy back ends for true transformation

Jukka Salonen, Chief Portfolio Officer, Nordea talks at Sibos 2017 about investment into transforming traditional banks into E2E digital banks, what role AI and robotics play in this transformation and why learning and culture change within companies are so important in the process.

07 November 2017

Finextra TV/Artificial intelligence

Trending: Customer service, efficiency and safety

Mike Steinharter, Chief Commercial Officer, Earthport, talks at Sibos 2017 about the main trends in cross-border payments, why blockchain is still relevant, and the proof points of success he can see in this arena.

07 November 2017

Finextra TV/Artificial intelligence

Using AI to better serve customer needs

Teresa Connors, Head of Market Management, NatWest, talks at Sibos 2017 about the trends she has seen develop since last year’s event, including regulation, PSD2 and open banking, how banks are using AI to accommodate their customers and how banks can further drive digital transformation within the industry.

07 November 2017

Finextra TV/Artificial intelligence

It’s what you do with the gpi, not the gpi itself

Fiona Hamilton, Vice President Europe and Asia, Volante Technologies, talks at Sibos 2017 about the importance of SWIFT gpi, what the technical challenges are around implementing SWIFT gpi and how key suppliers can help firms overcome these challenges.

06 November 2017

Finextra TV/Artificial intelligence

Saving the traders' precious time

Matt Davey, Managing Director and Head of Business Solutions, SocGenSS, talks at Sibos 2017 about why there is such an increased interest in how AI could be used in the securities services arena, what challenges there are around this and what banks are planning to achieve next.

06 November 2017

News/Artificial intelligence

AI-driven finance app Douugh partners Choice Financial for checking account

San Francisco-based fintech startup Douugh has teamed up with community bank Choice Financial to launch an app-based checking account and debit card that will lean heavily on AI to help users better manage their money.

06 November 2017