Latest Artificial intelligence News: Finextra Research

The Power of Partnerships: Trust, Data & Digital Identity

Ann Cairns, Vice Chair, Mastercard, speaks at Mobile World Congress 2019 about the importance of partnerships, Mastercard's partnership with Microsoft, how they are using data in medicine and towards social reform, and what impact neobanks are having on the industry.

28 February 2019

News/ai

UOB applies AI to transactional data to speed up loan approvals for SMEs

United Overseas Bank is to run small business trading data from companies transacting over B2B e-commerce platform OctoRocket through an AI-based credit assessment tool to speed up the loan approval process.

28 February 2019

Company update/ai

Ellie Mae bids to reduce manual intervention in the mortgage process with AI Foundry

AI Foundry, a provider of advanced artificial intelligence (AI) solutions that significantly streamline and improve business processes, announced a partnership with Ellie Mae® (NYSE:ELLI), a leading provider of innovative on-demand software solutions and services for the residential mortgage industry.

26 February 2019

News/ai

Nomura takes stake in robotic trading venture

Nomura is investing in an AI-led high frequency trading venture set up by hedge fund manager Brevan Howard.

22 February 2019

Company update/Artificial intelligence

Ping An's OneConnect commences operations in Indonesia

Ping An Insurance (Group) Company of China, Ltd. (hereafter “Ping An” or “the Group”, is delighted to announce that the financial technology (Fintech) subsidiary- OneConnect commences its operations in Indonesia to enable local banks and financial institutions to accelerate their efforts in digitization of financial services and move towards a more inclusive financial industry.

21 February 2019

Finextra TV/Artificial intelligence

Introducing The Platform Ecology Model and SuperApps

Rebecca Martin, Content Director of Money 20/20 ASIA, speaks about 'superapps' and the economics behind the platforms building them in China, whether The Platform Ecology Model is likely to develop in Europe and what opportunities this model presents for the future.

21 February 2019

Finextra TV/Artificial intelligence

'Trusted Life Connections' and taking a partner-centric approach

Jorn Lambert, Executive VP, Digital Solutions, Mastercard, speaks about the theme for this year's Mobile World Congress, 'Trusted Life Connections', what makes a successful partnership and how Mastercard's partner-centric model is improving consumers digital experience.

20 February 2019

Company update/security

Pictet to safeguard client assets with NetGuardians

NetGuardians, the award-winning Swiss FinTech, today announced that its fraud-mitigation software has been adopted by Pictet, one of the leading independent wealth and asset managers in Europe, to further improve its protection against banking fraud.

19 February 2019

News/ai

SMBC to slash data prep times by 80% with Trifacta

Sumitomo Mitsui Bank has turned to Silicon Valley data wrangling company Trifacta to slash preparation times for the aggregation and analysis of mushrooming customer data troves.

19 February 2019

News/ai

Sberbank creates algorithm to do data scientists' job

It seems that even data scientists are not immune to the corrosive impact of artificial intelligence on the jobs market. Russia's Sberbank claims to have created an algorithm - Auto ML (machine learning) - that "acts like a data scientist", creating its own models that then solve application tasks.

18 February 2019

News/Artificial intelligence

Nationwide to roll out AI assistant

Nationwide Building Society is to launch a virtual assistant as a first line of support for first-time home buyers, responding to preliminary inquiries.

15 February 2019

Company update/ai

Credit card provider NewDay taps Limitless Voice of Customer programme

Limitless, the UK-based inventor and provider of a SaaS platform offering AI and crowd sourced customer service solutions, today announces that it has successfully concluded the first phase of a Voice of Customer (VoC) programme with leading credit card provider, NewDay.

15 February 2019

Company update/ai

Fidor releases chatbot with Finn AI

Fintech pioneer Fidor, a leading digital banking group is announcing its new banking chatbot, designed in collaboration with Finn AI, the world’s leading AI-powered conversational banking technology provider.

14 February 2019

News/retail

Santander strikes $700m IBM deal to support biz transformation programme

IBM continues to rack up the financial services contract wins, scoring a huge $700 million global deal with Banco Santander, as well as agreements with ICBC Argentina and the card unit of Hyundai and Kia Motors.

13 February 2019

Company update/ai

HighRadius unveils Autonomous Receivables AI virtual assistant

HighRadius, a fintech enterprise Software-as-a-Service (SaaS) company specializing in automating the order-to-cash process, today announced the rollout of Autonomous ReceivablesTM offering, a new way for human analysts to interact and work with machine learning-based, order-to-cash software.

13 February 2019

News/startups

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