Artificial intelligence

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/Artificial intelligence

BNY Mellon seeks blockchain experts for new emerging biz and tech team

BNY Mellon is looking to staff up a new team with a mandate to investigate business disruptive emerging technologies such as blockchain, AI and robotics.

/Artificial intelligence

Global fintech funding plunges in 2016 but expected to regain momentum in 2017

Funding for fintech companies around the world plummeted in 2016, with American and European firms experiencing a particularly sharp drop in investment, according to a report from KPMG and PitchBook which nevertheless predicts a bumper 2017.

/Artificial intelligence

Kevin the bot uses blockchain to offer insurance for P2P transactions

Madrid-based online reputation startup Traity has launched a chatbot that uses an "open blockchain balance sheet" to provide micro-insurance for people carrying out P2P transactions

/Artificial intelligence

Wells Fargo refines innovation effort; zones in on payments, AI and APIs

Wells Fargo is putting the finishing touches to its innovation programme, creating new divisions to focus on emerging opportunities in payments, artificial intelligence and APIs.

/Artificial intelligence

Sberbank launches machine learning-based assistant

Russia's Sberbank has introduced an online personal assistant that uses machine learning to provide customers with useful advice and recommendations tailored to their individual financial circumstances and lifestyles.

/Artificial intelligence

Meet Rita; Revolut's troubleshooting digital assistant

European money app Revolut has jumped aboard the chatbot train, launching an assistant, called Rita, to help customers with hundreds of questions.

/Artificial intelligence

Visa bids to strengthen Silicon Valley ties with new Palo Alto site

Stressing its technology credentials, Visa has opened a massive new office in Silicon Valley to house its data and research teams.

/Artificial intelligence

Spanish mobile bank imaginBank rolls out Facebook Messenger chatbot

ImaginBank, the CaixaBank mobile-only bank, has launched the Spanish banking industry’s first ever chatbot, offering special promotions to users on Facebook Messenger.

/Artificial intelligence

Pelican applies AI to fight Swift and wire transfer fraud

Pelican, a global provider of payments and compliance solutions for banks and corporates, today unveiled its PelicanSecure Fraud Prevention solution.

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TruValue Labs hires talent from Thomson Reuters and Sasb

TruValue Labs, the leading company in timely, AI-driven ESG risk and opportunity data, is proud to announce two major hires.

/Artificial intelligence

Machine intelligence to transform industry - Nasdaq chief

Machine intelligence, not blockchain or cloud technology, will have the biggest impact on the exchange industry, predicts new Nasdaq CEO Adena Friedman.

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BNP Paribas takes stake in AI-based compliance startup

BNP Paribas Securities Services has taken a minority stake in Fortia Financial Solutions, a software company which uses artificial intelligence, machine learning and business process monitoring to help the fund industry meet rising compliance requirements and manage mounting volumes of data.

/Artificial intelligence

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.

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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).

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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.

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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.

/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.

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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.

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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.

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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.