Latest Artificial intelligence News: Finextra Research

Meet Ira, HDFC's latest 'humanoid' branch recruit

India's HDFC Bank is set to introduce customers to its latest recruit, a 'humanoid' robot named Ira, at a Mumbai bank branch later this month.

11 January 2017

Company update/Artificial intelligence

Personal finance app Clarity Money launches

Clarity Money, a revolutionary personal finance app that acts as your advocate, launches today in Apple’s App Store.

04 January 2017

News/Artificial intelligence

Japanese insurer to replace 30% of workers with AI

More than 30 workers at Japan-based Fukoku Mutual Life Insurance are set to be replaced by artificial intelligence (AI), according to Japanese daily The Mainichi.

04 January 2017

News/Artificial intelligence

Yes Bank uses blockchain to help client with vendor financing

India's Yes Bank has enlisted the help of IBM for a blockchain project that digitises vendor financing for client Bajaj Electricals.

04 January 2017

Company update/Artificial intelligence

Varo Money debuts Kasisto smart bot

Kasisto, a company that aims to transform consumer banking with conversational AI, and Varo Money, Inc. (“Varo”), a mobile-only banking start-up that will help consumers gain greater control of their financial lives, today announced a partnership whereby Kasisto’s KAI Banking platform will power “Val”, the new smart bot inside Varo’s mobile app.

21 December 2016

News/Artificial intelligence

Lloyds partners startups peddling bill payments tech and AI virtual assistants

Lloyds Banking Group is to test-drive technology presented by two of the ten companies participating in this year's Startupbootcamp demo day in London.

20 December 2016

News/Artificial intelligence

Spanish fintech accelerator calls for international applicants

A Spanish bank-backed fintech incubator and accelerator is inviting startups from Europe and Latin America to apply for four-month programme at its base in Valencia.

16 December 2016

News/Artificial intelligence

Watson data scientist talks up 'augmented intelligence' for financial services

True artificial intelligence may still be some years off but the financial services industry is already beginning to reap the benefits of augmented intelligence, says a data scientist working on IBM's Watson.

08 December 2016

Company update/Artificial intelligence

Former Deutsche Bank exec joins advisory board of market data AI startup Almax Analytics

Almax Analytics, a first to market software as a service (SaaS) delivering actionable insights from Big Data announced today Ralf Roth has joined the Advisory Board.

06 December 2016

Company update/Artificial intelligence

IBM Watson initiates cyber-security beta programme

IBM Security (NYSE: IBM) today announced that global leaders in banking, healthcare, insurance, education and other key industries have joined the IBM Watson for Cyber Security beta program.

06 December 2016

Company update/Artificial intelligence

PFM startup MoneyLion closes $22.5m Series A funding round

MoneyLion, the mobile personal finance platform that leverages machine learning analytics to enable smarter tools and credit products, today announced $22.5 million in Series A funding led by Edison Partners.

05 December 2016

Company update/Artificial intelligence

IBM closes Promontory acquisition

IBM (NYSE: IBM) today announced it has completed the acquisition of Promontory Financial Group, a global market-leading risk management and regulatory compliance consulting firm.

22 November 2016

News/Artificial intelligence

Emirates NBD tests virtual assistant EVA

Emirates NBD is to deploy an intelligent voice-based chatbot to answer calls to its customer services centre.

21 November 2016

News/Artificial intelligence

SEB invests in machine learning outfit Now Interact

Swedish bank SEB has invested around US$1.6 million in Now Interact, a local startup that has built a machine learning-based platform that helps firms predict customer need for advice over digital channels.

16 November 2016

News/Artificial intelligence

Indian bank introduces robotic branch staffer

City Union Bank's latest branch recruit is a humanoid robot dubbed Lakshmi who has been trained to answer generic customer queries on 125 subjects.

11 November 2016

News/Artificial intelligence

BofE uses accelerator to gain real-world fintech experience

The Bank of England is using its new fintech accelerator to work with startups on developing proof-of-concepts (POCs) in data analytics, information security and distributed ledgers.

11 November 2016

Company update/Artificial intelligence

Wind Info and BondIT partner to bring AI to fixed income markets

Wind Info and BondIT have established a strategic partnership to bring AI and machine learning techniques to global fixed income markets, with an initial focus on more mature international markets, followed by rollout to the Chinese market.

07 November 2016

Company update/Artificial intelligence

Clifford Chance applies AI to unearth legal implications of financial regs

International Law firm Clifford Chance LLP is working with Neota Logic Ltd, providers of intelligent software for legal and compliance, to develop automated solutions for assessing the impacts of regulatory rule changes on financial institutions.

03 November 2016

News/Artificial intelligence

APIs and open banking win most airtime at Sibos 2016

Blockchain still high on the agenda according to Finextra’s review of discussions in Geneva, while excitement about AI grows

01 November 2016

News/Artificial intelligence

Mastercard builds chatbots for banks and merchants; teams with Fit Pay

Mastercard is joining the Facebook Messenger gold rush, developing artificial intelligence chatbots for banks and merchants that allow customers to transact, manage finances, and shop via the platform.

25 October 2016