Artificial intelligence

2836 articles tagged with this keyword

/Artificial intelligence

Thomson Reuters commits $100m to Toronto technology centre

A year on from its launch, Thomson Reuters is doubling down on its Toronto technology centre, committing another US$100 million to the project, which will eventually be home to 1500 staffers working on areas such as cloud computing, big data and AI.

/Artificial intelligence

Ex-PayPal boss Thompson backs Canadian fintech Payment Rails

Payment Rails, a Canadian startup building an API-first payouts platform for businesses, has won a high-profile backer in the shape of ex-PayPal president Scott Thompson, who has invested in the firm and signed on as a board advisor.

/Artificial intelligence

Quebec's la Caisse and Desjardins pump $50m into fintech fund

Quebec-based credit union association Desjardins Group and local pension fund la Caisse have created a fintech investment fund of up to $75 million.

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Trading Technologies buys AI regtech outfit Neurensic

Trading Technologies International, Inc. (TT), a global provider of high-performance professional trading software, today announced it has acquired Neurensic, LLC, an artificial intelligence (AI) regtech solution for trading, compliance, surveillance and banking. The terms of the transaction are not disclosed.

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Financial crime compliance continues to be top of mind

Tony Wicks, Head of AML and Fraud Prevention Initiatives, SWIFT, highlights what key drivers will influence the compliance debate at Sibos this year, what event attendees can expect to hear during compliance sessions and what is in store for 2018 and beyond.

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BNP Paribas applies AI to alleviate trade matching delays

BNP Paribas Securities Services is implementing Smart Chaser, a trade matching tool that uses artificial intelligence to warn brokers and their clients of live trades that may require manual intervention to complete.

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OCBC Bank forms partnership with StarHub as digital industries converge

OCBC Bank has formed a collaborative alliance with Singaporean telco StarHub to invest in research into the convergence of banking and communications in the digital economy.

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'This time is different': BofE's Hauser hails fintech revolution

Fintech is more than just a buzzword, it is a revolution that will have profound implication for the financial services industry, according to Bank of England executive Andrew Hauser.

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Artificial Intelligence Bank-in-Messenger raises $1million from IIDF and private investors

The very first “Bank-in-Messenger”- TalkBank.io has raised $1million in seed investments with a company valuation of $6.1million. IIDF and 7 private investors, including Mark Malinovsky (kuponator.ru) have funded the start up.

/Artificial intelligence

Top digital banking heads to convene at Finextra NextGen Banking Nordics

A strong line-up of C-Suite digital banking heads and innovators from across the Scandinavian fintech scene will gather in Stockholm next month to debate the future of financial services at Finextra's annual NextGen Banking Nordics summit.

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Research reveals new payments drivers

Wim Raymaekers , Head of Banking Market and SWIFT gpi, SWIFT, introduces SWIFT’s new research with BCG, and talks about the changes payment platforms and processes are currently undergoing, the main drivers behind this and how the industry will evolve in the future.

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A closer look at TIPs

Jerry Norton, Vice President, Financial Services, CGI, talks about the ECB’s planned new settlement service TIPS, what this is designed to offer, why it is controversial, and the market’s reaction so far.

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GPS and Marq Millions join forces for Arro Money launch

Global Processing Services (GPS) is pleased to announce its agreement with new client Marq Millions as they launch their flagship product Arro Money.

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Aviva succumbs to allure of robo-advice with Wealthify purchase

UK insurer Aviva has acquired a majority stake in a startup robo-adviser for an undisclosed sum.

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TD Bank opens Israel cybersecurity office; injects AI into mobile app

Toronto-Dominion Bank is looking to tap into Israel's world-renowned cybersecurity talent pool through the opening of a Tel Aviv office. Meanwhile, the Canadian bank is also giving its app an AI boost through a partnership with Kasito.

/Artificial intelligence

Finantix brings AI to wealth management

Finantix, an established provider of components that empower sales and advisory processes for the financial services industry, today launched Finantix AI Gears for Wealth - a collection of engines, tools and data structures that accelerate the injection of Artificial Intelligence into wealth management platforms.

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Capital markets firms daunted by resource requirements for cloud, AI and DLT

A new report released by Broadridge Financial Solutions, Inc. (NYSE:BR) based on research by Greenwich Associates, examines the impact that cloud computing, artificial intelligence (AI), and distributed ledger technology will have in driving new revenue and cost savings opportunities for capital markets firms.

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Virtusa and WorkFusion team on AI-powered sanctions screening

Virtusa Corporation (NASDAQ GS: VRTU), a global business consulting and IT outsourcing company that accelerates business outcomes for its clients, and WorkFusion, the leading provider of intelligent automation, today announced the launch of an artificial intelligence (AI)-powered sanction screening solution that helps banks reduce operational effort and manage false positives.

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Pendo launches machine learning platform for data discovery

Pendo Systems, led by industry veteran Pamela Pecs Cytron, launches the new Pendo Machine Learning Platform (PMLP).

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State Street combines machine learning with human insight to tackle research overload

Investment professionals today are inundated with research reports from the sell side, the buy side and academia.