Latest Artificial intelligence News: Finextra Research

Nuvo unveils AI-powered mortgage broker chatbot

UK fintech startup Nuvo has launched an artificial intelligence-powered Facebook chatbot that helps people find the best deals on mortgages.

18 January 2018

Company update/Artificial intelligence

AI fintech startup Trend Lab secures $12.7 million angel funding

Across the globe, the internet finance industry is developing rapidly with the rise of technologies like Electronic Payments, Cloud Computing, Big Data, Block Chain and Artificial Intelligence (AI).

17 January 2018

News/Artificial intelligence

Crypto mining threatened by power capacity concerns

The craze for cryptocurrency mining is putting increasing strain on electrical grids, raising concerns about capacity around the world and the prospect of a migration of coin mining operators to new jurisdictions.

12 January 2018

News/Artificial intelligence

Exchanges call for global fintech standards

As new technologies such as AI and DLT transform the capital markets landscape, the World Federation of Exchanges (WFE) has called on regulators to hold new fintech entrants to the same standards as established players.

11 January 2018

News/Artificial intelligence

TD Bank buys Toronto AI outfit Layer 6

Toronto-Dominion Bank has acquired Canadian Artificial Intelligence startup Layer 6 in a deal reportedly worth more than US$100 million.

10 January 2018

Finextra TV/Artificial intelligence

Leveraging data and analytics for digital customer engagement

Following a recent breakfast event by Temenos and Finextra, Kam Chana - Digital Strategist at Temenos, discusses some of the key findings on how financial institutions can leverage data and analytics for digital customer engagement, addressing key drivers such as customer expectations and changing technology.

08 January 2018

News/Artificial intelligence

Capital One acquires machine learning consultancy Notch

Capital One has acquired machine learning consultancy Notch as part of a progressive effort to develop data-driven products and services for its customer base.

08 January 2018

Company update/Artificial intelligence

Jaywing opens AI consulting practice

Risk and data science specialist Jaywing, has launched a new consultancy service to help lenders drive value from Artificial Intelligence (AI) and machine learning.

08 January 2018

Company update/Artificial intelligence

Previse secures £800K Scottish Enterprise R&D funding to tackle late payments

B2B payment decisions start-up Previse, has secured a £800k R&D grant from Scottish Enterprise, to set up an new development centre in Glasgow, creating 37 new data science jobs.

08 January 2018

News/Artificial intelligence

Finextra's 2017 in review

As Finextra pulls the shutters down on 2017, we take a look back at our most popular news stories, videos, and community engagement activities over the course of the past year. The site will re-open for business on 2 January 2018.

22 December 2017

Company update/Artificial intelligence

Dear Prudence: Prudential launches AI-powered chatbot

Prudential Hong Kong Limited (“Prudential”) today announced two new additions to its digital transformation line-up that harness automation, artificial intelligence (AI), machine learning and other technological innovations in order to provide a more personalised and accessible experience to customers.

20 December 2017

Company update/Artificial intelligence

Deutsche Bank rolls out new AI-based equities algorithmic platform in Apac

Deutsche Bank today announced the implementation of an upgraded equities trading platform with artificial intelligence ("AI") capabilities, setting a new benchmark for best execution, a key focus for financial institutions ahead of MiFID II.

14 December 2017

Company update/Artificial intelligence

Callcredit is using Microsoft AI to catch fraudsters trying to take out loans in your name

One of the UK’s biggest credit reference agencies has revealed it is using Microsoft’s artificial intelligence to spot fraudulent loan applications and protect consumers.

14 December 2017

Company update/Artificial intelligence

SBDA and FinSight Ventures close Series A round

SBDA Group Ltd., an artificial intelligence (AI) company that provides retail banks with solutions for boosting customer engagement and cross-selling in digital channels, and FinSight Ventures, a global venture capital firm focused on FinTech and enterprise IT, announce the closing of SBDA’s Series A round of VC funding. The proceeds will help expand the SBDA product suite and grow the team.

13 December 2017

Company update/Artificial intelligence

Conversational AI platform developer Kasisto raises $17m

Kasisto, creators of KAI, the leading conversational AI platform for finance, today announced a $17 million Series B funding round led by Oak HC/FT with participation from existing investors Propel Venture Partners, Two Sigma Ventures, Commerce Ventures, Mastercard and Partnership Fund for New York City.

13 December 2017

Company update/Artificial intelligence

Gain Capital releases AI-enhanced trading app

GAIN Capital Holdings, Inc. (NYSE: GCAP), a global provider of online trading services, today launched GetGo, an innovative financial trading app.

13 December 2017

Company update/Artificial intelligence

Immuta reports back on FCA TechSprint

Immuta today announced participation in an international effort to bring financial regulation into the machine age.

13 December 2017

Company update/Artificial intelligence

JPMorgan and Citi join truePTS post-trade network

truePTS, a New York-based processing ecosystem for the global $700 trillion derivatives market, established a strategic relationship with J.P. Morgan and Citi and to bring choice, innovation and automation to market participants who process derivatives.

12 December 2017

News/Artificial intelligence

ING bond traders get cognitive boost with Katana

ING is rolling out an artificial intelligence (AI) tool, Katana, designed inhouse to help traders decide what price to quote when a client wants to buy or sell a bond.

12 December 2017

News/Artificial intelligence

Mizuho Securities picks NRI AI tech to slash time spent on compliance

Mizuho Securities is using AI and voice recognition technology from Nomura Research Institute (NRI) to help monitor and analyse communications between its sales reps and investors.

12 December 2017