Artificial intelligence

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/Artificial intelligence

Ageas to use AI for claims handling

Ageas is set to be the first UK insurer to use Artificial Intelligence (AI) technology across its award-winning motor claims management, working in partnership with Tractable, the AI technology specialists.

/Artificial intelligence

Misys adds AI to trade monitoring software

Misys has stepped up to the artificial intelligence (AI) plate, today unveiling Misys FusionCapital Detect.

UBank unveils RoboChat for home loan applications

/Artificial intelligence

UBank unveils RoboChat for home loan applications

Digital only Australian bank UBank is rolling out a virtual assistant to help potential home buyers and refinancers complete their online home loan applications.

RBS gives AI a helping hand with 'hybrid bots'

/Artificial intelligence

RBS gives AI a helping hand with 'hybrid bots'

The Royal Bank of Scotland is rolling out a customer service "hybrid bot" from vendor LivePerson that hands over to a human colleague if questions flummox its artificial intelligence.

/Artificial intelligence

Exiger acquires OutsideIQ

Exiger, the global regulatory, financial crime, risk and compliance company, announced today that it has acquired OutsideIQ, the company that developed the groundbreaking cognitive computing and intelligent search platform DDIQ.

/Artificial intelligence

Infosys rolls out big data robot Nia

Infosys (NYSE: INFY), a global leader in consulting, technology, outsourcing and next-generation services, today announced the launch of Infosys Nia, the next-generation Artificial Intelligence Platform building on the success of the Company’s first-generation AI platform, Infosys Mana, and its Robotic Process Automation (RPA) solution, AssistEdge.

/Artificial intelligence

Dovetail and IBM form Watson partnership

Dovetail, the provider of best-in-class payments and liquidity management solutions, today announced a global strategic partnership with IBM to offer Dovetail payment solutions in combination with IBM’s Watson Financial Services products.

Crédit Mutuel rolls out IBM Watson across branch network

/Artificial intelligence

Crédit Mutuel rolls out IBM Watson across branch network

Crédit Mutuel is giving 20,000 branch employees assistance in the form of IBM's Watson platform, which will help analyse customer emails and provide information on products and services.

/Artificial intelligence

Allianz invests in Lemonade

Lemonade, the insurance company powered by artificial intelligence and behavioral economics, today announced a strategic investment by Allianz, the world's largest insurance company.

/Artificial intelligence

Nice Actimize taps consortium data for fraud analytics optimisation tool

Nice Actimize, a Nice (Nasdaq:NICE) business and the industry's largest and broadest provider of a single financial crime, risk, and compliance software platform for the financial services industry has introduced ActimizeWatch, a cloud-based, fraud analytics optimization solution that uses consortium data to detect fraud-related attacks before they spread from one financial services organization to another.

Bank of England accelerator to tackle Big Data and privacy in distributed ledgers

/Artificial intelligence

Bank of England accelerator to tackle Big Data and privacy in distributed ledgers

The Bank of England is inviting applications for its latest accelerator project with an emphasis on conducting proofs of concept around machine learning and privacy in distributed ledgers.

/Artificial intelligence

Pegasystems launches AI-powered bot

Pegasystems Inc. (NASDAQ: PEGA), the software company empowering customer engagement at the world’s leading enterprises, today launched Pega® Intelligent Virtual Assistant, an artificial intelligence (AI) powered bot that easily turns applications into smart assistants on any channel – from SMS and email to Facebook, Alexa, Slack, and more.

/Artificial intelligence

Encompass and ComplyAdvantage use AI for AML service

Combining Artificial Intelligence and traditional data sources will be key to combatting money laundering says Encompass Corporation and ComplyAdvantage who have today announced their partnership during Innovate Finance’s Global Summit 2017 being held at Livery Hall in London.

/Artificial intelligence

Mastercard welcomes latest Start Path program members

Today, Mastercard welcomed five new startups to its Start Path Global program – the company’s global initiative to support innovative later-stage startups who are reshaping the future of commerce.

Former Uber Italy CEO launches social savings app

/Artificial intelligence

Former Uber Italy CEO launches social savings app

Oval Money, a social savings app that combines machine learning with crowdsourced tips, has come out of closed beta in the UK.

OCBC Bank launches Emma, the mortgage chatbot

/Artificial intelligence

OCBC Bank launches Emma, the mortgage chatbot

With more than 20,000 conversations logged since its launch in January, OCBC Bank is lauding the success of its specialised home and renovation loan chatbot service, Emma.

/Artificial intelligence

Samsung packs everything but the kitchen sink into Galaxy S8

Samsung Electronics Co., Ltd. introduces the Galaxy S8 and S8+ to the world, a smartphone that pushes the boundaries of traditional smartphones with its seamless hardware design and a variety of new service offerings.

/Artificial intelligence

AI and IoT dominate insurtech startup funding

Artificial intelligence (AI) and the internet of things (IoT) now account for almost half of total investment in insurance technology (insurtech) startups globally, new research from Accenture (ACN) shows.

/Artificial intelligence

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.

Nordea prepares for the robot future with virtual employees

/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.

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