Artificial intelligence

News/ai

YES Bank partners Microsoft to turbocharge chatbot

India's YES Bank has enlisted Microsoft to help revamp its AI-enabled chatbot, using the latest technology to let customers carry out everything from managing their credit cards to checking their loan eligibility.

04 September 2019

News/ai

Filtering the ethics of AI

As decision-making factors using AI become more accepted, pure economics might not align with the softer strategies of a bank. Many financial institutions are questioning how artificial intelligence must be governed within an organisation and how it can be taught to align with a bank’s brand and ethos, but without influence from human judgement.

03 September 2019

Finextra TV/Artificial intelligence

How Digital ID Verification Can Increase New Account Opening

Conor Hickey, Solution Architect at OneSpan, speaks about why consumers are abandoning online bank account application processes, how banks can reduce applicant abandonment with digital identity verification, and what the future holds for biometric verification.

02 September 2019

News/ai

Bond raises $10m to connect banks with digital brands

Bond Financial Technologies, a US startup connecting digital brands to banking partners, has raised $10 million in a seed round led by Canaan.

30 August 2019

News/Artificial intelligence

Aussie regulator turns to tech in new strategy

Australia's capital markets regulator has vowed to expand its use of new technology and behavioural data as part of a strategic plan to strengthen its enforcement.

28 August 2019

News/ai

Avoiding artificial stupidity

While most financial applications of artificial intelligence have been in the customer service space, there are other areas that banks are working with to improve through implementation of innovation technology.

27 August 2019

Finextra TV/Artificial intelligence

The Power of Programmes Writing Programmes

John Wise, Founder, Chairman and CEO of InvestCloud talks about the trials of coding and the answer to the problem, PWP (Programmes Writing Programmes) how this low code approach assists wealth management, who's building that functionality and how the the approach to data differs between the small to medium sized firms.

23 August 2019

News/Artificial intelligence

Visa launches security suite

Visa has unveiled a suite of new security services and capabilities to detect and disrupt fraud threats targeting banks and merchants.

21 August 2019

News/ai

Dissecting AI hype and FOMO

While artificial intelligence is transforming several industries, the financial sector has a lot to learn from specific case studies in non-banking areas such as health, travel and retail. To start at the beginning, despite the term AI having been bandied about with a number of different definitions, the actual definition is simple: technology that appears intelligent.

19 August 2019

News/ai

The Future of AI: Applications for banking business transformation

While artificial intelligence has established itself as a disruptive technology for decades, AI is at the peak of the hype cycle now and banks have started to apply this technology to transform traditional models of businesses.

16 August 2019

Finextra TV/Artificial intelligence

Combating APP Fraud with Behavioural Analytics and Explainable AI

After taking home EBA Day's Fintech Zone Price, Bleckwen's CEO, David Christie tells Hannah Wallace of Finextra what winning 'best in show' means to the startup. He introduces the thought behind their AI based, fraud detection and presentation software, what APP fraud is and how can AI help combat this, how behavioural analytics is used to detect APP fraud and why we need Explainable AI.

16 August 2019

Research/Artificial intelligence

The Future of AI: Applications for banking business transformation

16 August 2019 858 downloads

News/Artificial intelligence

Northern Trust applies machine learning to securities lending

Northern Trust has developed a pricing engine for securities lending that utilises machine learning and advanced statistical techniques to forecast lending rates for 34 global markets.

14 August 2019