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

Personal Finance bot Cleo arrives on Messenger

Cleo, a chatbot that is aiming to become the Siri of personal finance, has arrived on Facebook Messenger after picking up backing from a host of big names, including the founders of Skype and Wonga.

26 January 2017

Company update/Artificial intelligence

Scotiabank ploughs $1 million into NextAI

As part of its growing leadership in the digital economy, today Scotiabank announced a three-year sponsorship of NextAI to support Canadian youth and entrepreneurship in the growing field of artificial intelligence (AI).

25 January 2017

News/Artificial intelligence

China's Ant Financial goes global in bid for two billion users in 10 years

Ant Financial, the payments unit of Chinese Web giant Alibaba, is looking into the use of blockchain technology as it sets its sights on boosting its user numbers to two billion people within the next decade.

20 January 2017

News/Artificial intelligence

SocGen builds startup database

French bank Societe Generale is setting up an internal platform, dubbed Startup Radar, where staffers can access information about experimental projects and recommend interesting fintech firms.

20 January 2017

News/Artificial intelligence

RBC hires AI pioneer as advisor to new machine learning lab

Royal Bank of Canada has hired one of the pioneers in artificial intelligence as an advisor to a new research lab dedicated to machine learning.

19 January 2017

News/Artificial intelligence

Deutsche Bourse turns to fintech partners to build 'Exchange 4.0'

Deutsche Bourse is promising to cooperate with fintech firms and tap new technologies such as big data, AI and, above all, blockchain as it moves toward the creation of an 'Exchange 4.0', says CEO Carsten Kengeter.

18 January 2017

News/Artificial intelligence

Yapı Kredi introduces eye scanning for app logins

In what it claims is a European first, Turkish digital bank Yapı Kredi is to start letting customers log into their mobile accounts by scanning their eyes.

18 January 2017

News/Artificial intelligence

FTC fintech forum to explore AI and blockchain

Artificial Intelligence and blockchain will be at the centre of attention at an upcoming fintech forum put together by America's Federal Trade Commission.

16 January 2017

News/Artificial intelligence

YES Bank introduces chat bot for instant loan offering

India's YES Bank has partnered with Silicon valley-based Gupshup to develop a banking chat bot for its loan product.

12 January 2017

News/Artificial intelligence

Meet Ira, HDFC's latest 'humanoid' branch recruit

India's HDFC Bank is set to introduce customers to its latest recruit, a 'humanoid' robot named Ira, at a Mumbai bank branch later this month.

11 January 2017

Company update/Artificial intelligence

Personal finance app Clarity Money launches

Clarity Money, a revolutionary personal finance app that acts as your advocate, launches today in Apple’s App Store.

04 January 2017

News/Artificial intelligence

Japanese insurer to replace 30% of workers with AI

More than 30 workers at Japan-based Fukoku Mutual Life Insurance are set to be replaced by artificial intelligence (AI), according to Japanese daily The Mainichi.

04 January 2017

News/Artificial intelligence

Yes Bank uses blockchain to help client with vendor financing

India's Yes Bank has enlisted the help of IBM for a blockchain project that digitises vendor financing for client Bajaj Electricals.

04 January 2017

Company update/Artificial intelligence

Varo Money debuts Kasisto smart bot

Kasisto, a company that aims to transform consumer banking with conversational AI, and Varo Money, Inc. (“Varo”), a mobile-only banking start-up that will help consumers gain greater control of their financial lives, today announced a partnership whereby Kasisto’s KAI Banking platform will power “Val”, the new smart bot inside Varo’s mobile app.

21 December 2016

News/Artificial intelligence

Lloyds partners startups peddling bill payments tech and AI virtual assistants

Lloyds Banking Group is to test-drive technology presented by two of the ten companies participating in this year's Startupbootcamp demo day in London.

20 December 2016

News/Artificial intelligence

Spanish fintech accelerator calls for international applicants

A Spanish bank-backed fintech incubator and accelerator is inviting startups from Europe and Latin America to apply for four-month programme at its base in Valencia.

16 December 2016

News/Artificial intelligence

Watson data scientist talks up 'augmented intelligence' for financial services

True artificial intelligence may still be some years off but the financial services industry is already beginning to reap the benefits of augmented intelligence, says a data scientist working on IBM's Watson.

08 December 2016

Company update/Artificial intelligence

Former Deutsche Bank exec joins advisory board of market data AI startup Almax Analytics

Almax Analytics, a first to market software as a service (SaaS) delivering actionable insights from Big Data announced today Ralf Roth has joined the Advisory Board.

06 December 2016

Company update/Artificial intelligence

IBM Watson initiates cyber-security beta programme

IBM Security (NYSE: IBM) today announced that global leaders in banking, healthcare, insurance, education and other key industries have joined the IBM Watson for Cyber Security beta program.

06 December 2016

Company update/Artificial intelligence

PFM startup MoneyLion closes $22.5m Series A funding round

MoneyLion, the mobile personal finance platform that leverages machine learning analytics to enable smarter tools and credit products, today announced $22.5 million in Series A funding led by Edison Partners.

05 December 2016