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

BlackRock re-positions stock picking business for high-tech future

BlackRock is positioning its equity investment platform for the future of active management – leveraging its unique scale and breadth of capabilities to drive sustainable alpha.

29 March 2017

News/Artificial intelligence

Nordea prepares for the robot future with virtual employees

The robots are coming, so says Nordea, which has already 'hired' a host of 'virtual employees' to take on repetitive tasks and is planning to introduce smarter, AI-based colleagues in the near future.

29 March 2017

Company update/Artificial intelligence

Bankers look to AI for more 'human' customer experience

In the next stage of artificial intelligence adoption, banks will use AI to help understand the intentions and emotions of customers and enable better interactions, according to a new report from Accenture (ACN).

28 March 2017

Company update/Artificial intelligence

Salesforce announces Financial Services Cloud Einstein

Salesforce (CRM), the world's #1 CRM company and Intelligent Customer Success Platform, today announced Financial Services Cloud Einstein.

28 March 2017

Company update/Artificial intelligence

Tradeshift adds AI layer to B2B commerce platform

Tradeshift, the world’s largest business commerce platform, today announced the release of Tradeshift Ada, the world’s first smart interface for B2B commerce that offers new automation capabilities to help users accelerate how they buy, pay and collaborate.

27 March 2017

News/Artificial intelligence

SIX and IBM to build Watson-powered cyber-security hub

Swiss Financial infrastructure operator SIX is to use the cognitive computing ability of IBM Watson to build a new cyber-security hub to help banks comply with Swiss privacy laws and regulations.

24 March 2017

Company update/Artificial intelligence

Thirty percent of UK jobs at risk from robotic automation - PwC

UK economic growth held up better than expected in the six months following the Brexit vote, but this began to ease in early 2017 as inflation has risen, squeezing household spending power.

24 March 2017

News/Artificial intelligence

Citi Ventures leads $11 million round in AI-based personal finance advocate Clarity Money

Personal finance app Clarity Money has raised a further $11 million in venture capital financing in a Series B round led by RRE Ventures and Citi Ventures.

23 March 2017

Company update/Artificial intelligence

Synechron releases AI suite

Synechron Inc., a global financial services consulting and technology services provider, has today announced the launch of “Neo”, a set of Artificial Intelligence (AI) based solutions for the financial services industry.

23 March 2017

Company update/Artificial intelligence

CO-OP Financial Services turns to AI in fight against fraud

CO-OP Financial Services (co-opfs.org) is working to implement artificial intelligence to fight fraud, with a machine learning-based risk management tool to be utilized by CO-OP for its client credit unions in 2017.

22 March 2017

News/Artificial intelligence

Deutsche Bank opens New York innovation lab

Deutsche Bank has opened an innovation lab in New York, its fourth globally after Silicon Valley, Berlin and London.

21 March 2017

News/Artificial intelligence

Poland's Alior to slash branch network in 'digital disruptor' push

Poland's Alior Bank is vowing to cement its place as a leading 'digital disrupter' over the next three years, slashing the size of its branch network and pumping money into technology.

17 March 2017

News/Artificial intelligence

Bank of England sets up fintech Community; runs blockchain and AI trials

The Bank of England's fintech accelerator programme has launched a new community forum for innovation talks and two new proof of concept trials exploring the use of AI and distributed ledgers.

17 March 2017

News/Artificial intelligence

BBVA opens fintech Olympics

BBVA has amassed a EUR200,000 prize pot for the ninth edition of its Open Talent innovation competition, which the Spanish bank is billing as the world's biggest fintech challenge.

15 March 2017

News/Artificial intelligence

Capital One unveils emoji-speaking SMS bot

Capital One is piloting a natural language SMS chatbot that uses artificial intelligence to respond to customer questions, and even emojis.

10 March 2017

Company update/Artificial intelligence

Lantern Credit acquires ARC Machine Learning Library

Lantern Credit, a financial technology company working to solve systematic inefficiencies in the consumer credit industry, is enhancing its proprietary machine learning engine, Beam AI, with the acquisition of the Abstract Regression-Classification (ARC) Machine Learning Library.

10 March 2017

Company update/Artificial intelligence

Genpact and OutsideIQ partner on compliance offering

Genpact (NYSE:G), a global professional services firm focused on delivering effective digital transformation, and OutsideIQ, a leader in investigative cognitive computing, are teaming together to help banks and financial services companies transform mission critical due diligence operations to gain competitive advantage and increase agility to respond to market issues through faster, more effective risk management.

07 March 2017

Company update/Artificial intelligence

Lantern Credit boosts machine earning engine through ARC library acquisition

Lantern Credit, a financial technology company working to solve systematic inefficiencies in the consumer credit industry, is enhancing its proprietary machine learning engine, Beam AI, with the acquisition of the Abstract Regression-Classification (ARC) Machine Learning Library.

07 March 2017

Company update/Artificial intelligence

Kasisto boosts conversational AI platform

Today at the Bank Innovation Conference, Kasisto announced KAI Insights, significantly extending the capabilities of its conversational AI platform that powers smart bots and virtual assistants for financial institutions.

06 March 2017

News/Artificial intelligence

Canadian digital receipt firm Sensibill raises funds for international push

Canadian digital receipt startup Sensibill is planning to move into the US and UK after raising $17.3 million in a Series A funding round led by Information Venture Partners and OpenText Enterprise Apps Fund (OTEAF).

02 March 2017