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Company update/Artificial intelligence
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.
11 April 2017
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.
10 April 2017
News/Artificial intelligence
Oval Money, a social savings app that combines machine learning with crowdsourced tips, has come out of closed beta in the UK.
05 April 2017
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.
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.
30 March 2017
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.
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.
29 March 2017
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.
In the next stage of artificial intelligence adoption, banks will use AI to help understand the intentions and emotions of customers and enable better interactions, according to a new report from Accenture (ACN).
28 March 2017
Salesforce (CRM), the world's #1 CRM company and Intelligent Customer Success Platform, today announced Financial Services Cloud Einstein.
Tradeshift, the world’s largest business commerce platform, today announced the release of Tradeshift Ada, the world’s first smart interface for B2B commerce that offers new automation capabilities to help users accelerate how they buy, pay and collaborate.
27 March 2017
Swiss Financial infrastructure operator SIX is to use the cognitive computing ability of IBM Watson to build a new cyber-security hub to help banks comply with Swiss privacy laws and regulations.
24 March 2017
UK economic growth held up better than expected in the six months following the Brexit vote, but this began to ease in early 2017 as inflation has risen, squeezing household spending power.
Personal finance app Clarity Money has raised a further $11 million in venture capital financing in a Series B round led by RRE Ventures and Citi Ventures.
23 March 2017
Synechron Inc., a global financial services consulting and technology services provider, has today announced the launch of “Neo”, a set of Artificial Intelligence (AI) based solutions for the financial services industry.
CO-OP Financial Services (co-opfs.org) is working to implement artificial intelligence to fight fraud, with a machine learning-based risk management tool to be utilized by CO-OP for its client credit unions in 2017.
22 March 2017
Deutsche Bank has opened an innovation lab in New York, its fourth globally after Silicon Valley, Berlin and London.
21 March 2017
Poland's Alior Bank is vowing to cement its place as a leading 'digital disrupter' over the next three years, slashing the size of its branch network and pumping money into technology.
17 March 2017
The Bank of England's fintech accelerator programme has launched a new community forum for innovation talks and two new proof of concept trials exploring the use of AI and distributed ledgers.
BBVA has amassed a EUR200,000 prize pot for the ninth edition of its Open Talent innovation competition, which the Spanish bank is billing as the world's biggest fintech challenge.
15 March 2017
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