Latest Artificial intelligence News: Finextra Research

BofA faces trademark suit over Erica chatbot

Bank of America has been sued by a man over the use of the name "Erica" for its in-app AI-powered virtual assistant chatbot.

12 November 2018

News/Artificial intelligence

MAS and SGX apply blockchain tech for settlement of tokenised assets

The Monetary Authority of Singapore (MAS) and Singapore Exchange (SGX) claim to have successfully developed Delivery versus Payment capabilities for the settlement of tokenised assets across different blockchain platforms.

12 November 2018

Company update/ai

AI & Big Data put to the test at Allianz Global Investors London Hackathon

Allianz Global Investors, one of the world’s leading active investment managers has signalled its ongoing commitment to AI (‘Artificial Intelligence’) and the use of disruptive technology in its active investment portfolios, hosting its first Hackathon in London from 13th – 15th November.

12 November 2018

Finextra TV/Artificial intelligence

Efficient AI output through consistent, quality data.

Parviz Peiravi, CTO Financial Services, Intel, speaks at Sibos 2018 in Sydney about whats changed since last year around AI, what challenges present themselves to banks trying to implement these changes, and how Intel can help.

09 November 2018

Finextra TV/Artificial intelligence

Benefits of the fintech discovery zone at Sibos

Patrik Havander, Head of TxB Strategy & Commercial Excellence, Nordea, speaks at Sibos 2018 in Sydney about the new fintech discovery zone at Sibos, how Nordea is responding and what it is bring to their clients.

09 November 2018

News/Artificial intelligence

Digital transformation to the fore at NextGen Banking Nordics

Keynote speakers from Nordea and SEB will open the debate at Finextra's NextGen Banking Nordics conference later this month, addressing the critical challenges facing banks in a market under siege from nimble startups and Big Tech firms.

09 November 2018

News/security

eBay’s AI algorithm proves good behaviour analysis is key to identifying credit card fraud

A report published by two eBay executives reveals that the online flea market's new AI algorithm can identify 40% of credit card fraud transactions with high precision, a significant finding for a sector relying on tech-based detection techniques.

08 November 2018

Company update/ai

Basware taps into machine learning

Basware (Nasdaq: BAS1V), the global leader in networked source-to-pay solutions, e-invoicing and innovative financing services has introduced new machine learning and artificial intelligence capabilities across its suite of Source-to-Pay solutions.

08 November 2018

Company update/regulation

Moving from Big Data lakes to Big Data seas: CFTC's Christopher Giancarlo

Let me begin by thanking Georgetown Law Professor and Director of the Institute of International Economic Law, Chris Brummer. In only a few short years under his leadership, the Georgetown Law FinTech Conference has become one of the true forums for thought leadership in the overcrowded industry of FinTech conferences.

08 November 2018

News/startups

Standard Chartered picks Instabase to automate client onboarding

Standard Chartered has called in San Francisco-based startup Instabase to help automate client onboarding, credit documentation and KYC processes.

08 November 2018

Finextra TV/Artificial intelligence

The digital plus data transformation in Financial Services

Mike Blalock, Intel General Manager of the Financial Services Industry, talks about the key trends at Sibos 2018, including, data and AI, and what Financial services institutions should be doing to innovate and collaborate at scale.

08 November 2018

Company update/ai

Mosaic Smart Data launches instant reports for FICC analytics

Mosaic Smart Data (Mosaic), the real-time FICC data analytics company, has launched a new feature for its MSX platform enabling users to instantly generate text reports on their trading activity data using machine learning.

08 November 2018

Company update/wholesale

Asset managers accelerate use of alternative data

Element22, a boutique data and analytics advisory firm serving the financial services industry, today announced the results of its comprehensive benchmark study, which was sponsored by UBS Asset Management.

07 November 2018

News/Artificial intelligence

CommerzVentures invests in anti-fraud startup Fraugster

Fraugster, a Berlin-based software outfit using AI to help online retailers prevent fraud, has raised $14 million in a Series B funding round led by Commerzbank's VC arm.

07 November 2018

Finextra TV/Artificial intelligence

Banks approaching automation and digitalisation

Patrik Zekkar, Global Head, Trade Finance & Working Capital Management, Nordea, speaks at Sibos 2018 in Sydeny about the key themes from this year's event, introduces the blockchain platform WeTrade, and how banks like Nordea are approaching automation.

07 November 2018

Finextra TV/Artificial intelligence

NPP opens API sandpit for independents to play

Bill Doran, Head of Oceania, SWIFT, speaks at Sibos 2018 in Sydney about SWIFT's recently launched API sandbox in conjunction with NPP, what the benefits are for fintechs, corporates and consumers, and what particular capabilities SWIFT brings to a project like this.

07 November 2018

Company update/ai

Accenture invests in data analytics firm Quantexa

Accenture (NYSE: ACN) has invested in and formed a strategic alliance with Quantexa, a leading data analytics firm that provides technology solutions to uncover new intelligence.

07 November 2018

Finextra TV/Artificial intelligence

Simplicity, Transparency and Automation in Cross-border Transfers

Christoph Tutsch, CEO of ONPEX, speaks at Sibos 2018 in Sydney about their latest partnership with SWIFT GPI, how banks can achieve a seamless transaction experience for their customers, and what future developments around Open APIs we can expect to see.

05 November 2018

Finextra TV/Artificial intelligence

Banks and Fintechs fast becoming friends

Alistair Brown Global Head of payments at EPAM, speaks at Sibos 2018 in Sydney, about the technological and business challenges around Open Banking, what the latest trends are in payments processing, and what worldwide challenges we are seeing around Instant Payments.

05 November 2018

Finextra TV/Artificial intelligence

Major drivers for banking in the Asia-Pacific region

Mark Evans, Managing Director, Transaction Banking, ANZ, speaks at Sibos 2018 in Sydney, about the major drivers for banking in the Asia Pacific region, how banks are responding to the fintech and digital transformation era, and how emerging technologies are affecting change within trade finance.

05 November 2018