Latest Artificial intelligence News: Finextra Research

Nova joins the robot revolution at Nordea

Nordea Life and Pensions in Norway has welcomed its latest recruit, Nova, an AI-based chatbot that has been trained to respond to customer questions relating to pension and insurance in Norwegian.

29 June 2017

Company update/Artificial intelligence

Waymark Tech introduces AI tool to identify crossover between financial regulations

Waymark Tech, a leading provider of regulatory intelligence software, today announced the launch of a new AI-powered tool that automatically identifies regulatory crossovers and conflicts between incoming regulations, such as MiFID II, GDPR, and PRIIPS.

27 June 2017

Company update/Artificial intelligence

Gemalto applies biometrics and machine learning to counter online banking fraud

Gemalto (Euronext NL0000400653 GTO), the world leader in digital security, is launching the Gemalto Assurance Hub, a groundbreaking approach to fraud prevention in online banking.

27 June 2017

Company update/Artificial intelligence

AI to drive GDP gains of $15.7 trillion - PwC

Global GDP will be 14% higher in 2030 as a result of AI - the equivalent of an additional $15.7 trillion. This makes it the biggest commercial opportunity in today's fast changing economy according to new research by PwC.

27 June 2017

News/Artificial intelligence

Nomura Asset Management trials AI for investment decision making

Japan's Nomura Asset Management (NAM) has tapped artificial intelligence (AI) to quantitatively assess text from news websites and blogs, using the results to help portfolio managers make investment decisions.

26 June 2017

Company update/Artificial intelligence

Big data outfit Quantexa sets up shop in Sydney

Quantexa, the disruptive big data and analytics company backed by HSBC and Albion Ventures, has furthered its international expansion by opening a new office in Sydney, Australia.

26 June 2017

Company update/Artificial intelligence

Citi and Paysafe first to deploy Mastercard AI tool

Customers of Citi in the UK and Paysafe are the first to benefit from Decision Intelligence, the first use of artificial intelligence implemented on a global scale directly on the Mastercard network.

26 June 2017

Company update/Artificial intelligence

Wirecard releases AI-powered omnichannel ePOS Suite

Artificial intelligence is shaping the future of retail. Smart algorithms and data analyses are creating sustainable performance benefits across all levels of the retail supply chain.

26 June 2017

Company update/Artificial intelligence

AI could increase corporate profitability by 38% - Accenture

Businesses that successfully apply artificial intelligence (AI) could increase profitability by an average of 38 percent by 2035, according to a new report from Accenture (NYSE: ACN).

23 June 2017

Company update/Artificial intelligence

Personetics puts money management on autopilot with AI

Personetics, the leading provider of cognitive applications for the financial services sector, is taking AI-powered banking to the next level with the launch of Personetics Act.

22 June 2017

Company update/Artificial intelligence

Leumi Card fights fraud with Feedzai AI platform

Leumi Card, one of Israel’s leading consumer credit card service providers, will implement Feedzai’s Artificial Intelligence (AI) platform to enhance its fraud detection and prevention capabilities, while continuing to provide a frictionless omnichannel experience for its customers.

22 June 2017

Company update/Artificial intelligence

DFS Lab invests $250,000 in four African fintechs

Digital Financial Services Lab (DFS Lab) today announced it would invest $250,000 in four separate fintech startups that are building products that help low-income consumers in developing markets. Inclusive (based in Ghana), Pula (based in Kenya), Pezesha, (based in Kenya), and Teller, (based in the United States), were each selected for financing after presenting their products at DFS Lab's Fintech BootCamp in Sri Lanka earlier this year.

21 June 2017

Company update/Artificial intelligence

KBC's K'Ching app introduces AI chatbot for youth market

As from today the latest version of the KBC K’Ching app, the KBC mobile banking app for youngsters, will be available in app stores for all K’Ching users. This latest version allows users to communicate through instant messaging with the app through an artificial intelligence (AI) chatbot.

21 June 2017

Company update/Artificial intelligence

Nuance launches Nina Coach to train and deploy virtual assistants

Nuance Communications has launched Nina Coach, a solution to help organisations train, deploy and improve virtual assistants faster than ever before by tapping into artificial intelligence and leveraging existing human knowledge.

21 June 2017

Company update/Artificial intelligence

The ai Corporation releases machine learning tools to combat ACH fraud

Fraud and risk management experts, The ai Corporation (ai), has developed a suite of self-service machine-learning products that enable banks to directly fight growing ACH fraud.

15 June 2017

Company update/Artificial intelligence

Finastra and IBM collaborate on blockchain and open APIs

Finastra and IBM (NYSE: IBM) have reached an agreement to explore how the two companies can help customers transform their banking operations with IBM Cloud and Cognitive technologies.

15 June 2017

Company update/Artificial intelligence

IBM sets its sights on cognitive regtech

Today, IBM (NYSE: IBM) launched the first suite of cognitive solutions to help financial institution professionals manage their regulatory and fiduciary responsibilities.

14 June 2017

News/Artificial intelligence

USAA takes stake in cognitive computing firm

USAA is to implement artificial intelligence technology to improve customer services following participation in a $15 million funding round for CognitiveScale.

14 June 2017

News/Artificial intelligence

Swift Business Forum, New York - live blog

Welcome to Finextra's live coverage of the Swift Business Forum in New York. This event will focus on the key issues affecting the financial industry, including banking, payments, and securities. Cyber security will also be a hot topic, in light of the announcement of Swift's Customer Security Programme.

14 June 2017

News/Artificial intelligence

EastNets adopts AI to monitor Swift traffic for fraudulent messages

Payments processor EastNets is to apply machine learning technology to detect fraudulent payments transactions passing over the Swift network.

14 June 2017