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

Wirecard releases AI-powered omnichannel ePOS Suite

Artificial intelligence is shaping the future of retail. Smart algorithms and data analyses are creating sustainable performance benefits across all levels of the retail supply chain.

26 June 2017

Company update/Artificial intelligence

AI could increase corporate profitability by 38% - Accenture

Businesses that successfully apply artificial intelligence (AI) could increase profitability by an average of 38 percent by 2035, according to a new report from Accenture (NYSE: ACN).

23 June 2017

Company update/Artificial intelligence

Personetics puts money management on autopilot with AI

Personetics, the leading provider of cognitive applications for the financial services sector, is taking AI-powered banking to the next level with the launch of Personetics Act.

22 June 2017

Company update/Artificial intelligence

Leumi Card fights fraud with Feedzai AI platform

Leumi Card, one of Israel’s leading consumer credit card service providers, will implement Feedzai’s Artificial Intelligence (AI) platform to enhance its fraud detection and prevention capabilities, while continuing to provide a frictionless omnichannel experience for its customers.

22 June 2017

Company update/Artificial intelligence

DFS Lab invests $250,000 in four African fintechs

Digital Financial Services Lab (DFS Lab) today announced it would invest $250,000 in four separate fintech startups that are building products that help low-income consumers in developing markets. Inclusive (based in Ghana), Pula (based in Kenya), Pezesha, (based in Kenya), and Teller, (based in the United States), were each selected for financing after presenting their products at DFS Lab's Fintech BootCamp in Sri Lanka earlier this year.

21 June 2017

Company update/Artificial intelligence

KBC's K'Ching app introduces AI chatbot for youth market

As from today the latest version of the KBC K’Ching app, the KBC mobile banking app for youngsters, will be available in app stores for all K’Ching users. This latest version allows users to communicate through instant messaging with the app through an artificial intelligence (AI) chatbot.

21 June 2017

Company update/Artificial intelligence

Nuance launches Nina Coach to train and deploy virtual assistants

Nuance Communications has launched Nina Coach, a solution to help organisations train, deploy and improve virtual assistants faster than ever before by tapping into artificial intelligence and leveraging existing human knowledge.

21 June 2017

Company update/Artificial intelligence

The ai Corporation releases machine learning tools to combat ACH fraud

Fraud and risk management experts, The ai Corporation (ai), has developed a suite of self-service machine-learning products that enable banks to directly fight growing ACH fraud.

15 June 2017

Company update/Artificial intelligence

Finastra and IBM collaborate on blockchain and open APIs

Finastra and IBM (NYSE: IBM) have reached an agreement to explore how the two companies can help customers transform their banking operations with IBM Cloud and Cognitive technologies.

15 June 2017

Company update/Artificial intelligence

IBM sets its sights on cognitive regtech

Today, IBM (NYSE: IBM) launched the first suite of cognitive solutions to help financial institution professionals manage their regulatory and fiduciary responsibilities.

14 June 2017

News/Artificial intelligence

USAA takes stake in cognitive computing firm

USAA is to implement artificial intelligence technology to improve customer services following participation in a $15 million funding round for CognitiveScale.

14 June 2017

News/Artificial intelligence

Swift Business Forum, New York - live blog

Welcome to Finextra's live coverage of the Swift Business Forum in New York. This event will focus on the key issues affecting the financial industry, including banking, payments, and securities. Cyber security will also be a hot topic, in light of the announcement of Swift's Customer Security Programme.

14 June 2017

News/Artificial intelligence

EastNets adopts AI to monitor Swift traffic for fraudulent messages

Payments processor EastNets is to apply machine learning technology to detect fraudulent payments transactions passing over the Swift network.

14 June 2017

Company update/Artificial intelligence

Royal London applies machine learning tech to mortgage underwriting

Royal London, the UK’s largest mutual life insurer has teamed up with fee free mortgage and protection adviser L&C to develop and test a new life insurance application service called Streamlined Mortgage Protection which uses advanced machine learning algorithms to simplify the underwriting journey.

12 June 2017

Company update/Artificial intelligence

Credit Mutuel Arkea deploys Moneythor for personal assistant Max

Moneythor, a financial technology company providing banks and fintech firms with a digital banking toolkit and data-driven personalisation engine, has been selected by French bank Crédit Mutuel Arkéa to be at the heart of max, the personal assistant of its newly launched entity Nouvelle Vague.

09 June 2017

News/Artificial intelligence

FinTech50: London continues to dominate European scene

The Brexit cloud may loom large but, for now, the UK remains at the centre of Europe's financial technology scene, home to nearly two thirds of the firms that make it into this year's FinTech50.

07 June 2017

News/Artificial intelligence

HSBC boards the robo-advice train

HSBC is throwing its weight behind the robo-advisory movement, announcing plans to use data and algorithms to deliver tailored advice and make personal recommendations based on an individual’s circumstances.

01 June 2017

News/Artificial intelligence

ING tackles robo-advisory conundrum

Research among 15,000 consumers conducted by ING finds that only two percent would trust a fully automated robo-adviser to invest their money on their behalf.

31 May 2017

News/Artificial intelligence

RBC and NAB invest in financial management software firm Wave

National Australia Bank and Royal Bank of Canada have joined a US$24 million funding round for Wave, a Toronto-based provider of financial management software for small businesses.

30 May 2017

Company update/Artificial intelligence

Russian banks and Mastercard pick fintech startups for Moscow accelerator

Russian financial institutions working together within the framework of collaborative fintech acceleration programme Fintech Lab, namely Ak Bars, VTB 24, Bank Saint Petersburg, Home Credit Bank and Absolut Bank picked 12 fintech startups they are going to mentor and guide through the acceleration programme.

29 May 2017