Latest Artificial intelligence News: Finextra Research

German bank bids to unleash innovation with tech-packed 'playroom'

German cooperative bank Volksbank eG Schwarzwald Baar Hegau has become the first client to install NCR's new 'innovation experience room', a space packed with the latest technology, such as virtual reality headsets and drones, that is designed to help build digital literacy among employees and customers.

18 August 2016

News/Artificial intelligence

Rise of the bots: DBS to put virtual assistant in Facebook Messenger

Singapore's DBS is rolling out conversational AI technology that will allow customers to manage their money and make payments in Facebook Messenger and WhatsApp.

17 August 2016

News/Artificial intelligence

Fintech founder calls Aussie banks hyprocrites over Apple Pay complaints

The founder of an Australian robo-advisor has accused the country's banks of hypocrisy over their cries of anti-competitive behaviour from Apple Pay

29 July 2016

Company update/Artificial intelligence

DBS kicks off second accelerator round

Following the success of the inaugural DBS Accelerator in Hong Kong in 2015, DBS Bank (Hong Kong) today kicked off the second edition of the programme.

25 July 2016

News/Artificial intelligence

Santander doubles down on fintech fund

Santander has doubled the size of its fintech investment fund, from $100 million to $200 million, in what the bank describes as a sign of commitment to its philosophy of collaborating with startups.

19 July 2016

News/Artificial intelligence

Hedge fund boss welcomes day when computers take over

The president of one of the world's largest hedge funds has told an audience of fund managers that he looks forward to the day when they will all be replaced by computers.

09 June 2016

News/Artificial intelligence

Cybersecurity startup valued at $1bn

Cylance, a cybersecurity startup that uses algorithms and artificial intelligence, has been valued at $1bn following a round of fundraising that secured more than $100m in private equity investment.

09 June 2016

Company update/Artificial intelligence

OutsideIQ and Alacra partner for AI-based due diligence reporting

Regulatory SaaS technology leader Opus announced today that Alacra, its KYC and reference data management platform, has signed a distribution partnership with OutsideIQ, the leader in risk-focused, artificial intelligence software.

09 June 2016

News/Artificial intelligence

UK broker to launch trading on Facebook app

Retail investors may soon be able to buy and sell shares via Facebook's messenger platform after UK fund supermarket AJ Bell announced plans to launch a new trading service in the next three months.

08 June 2016

Company update/Artificial intelligence

Finance execs back blockchain and AI potential - survey

Synechron, Inc., a global consulting and technology innovator in the financial services industry, today released the results of a survey conducted by the TABB Group for Synechron on the potential of blockchain and artificial intelligence (AI) in financial services.

06 June 2016

News/Artificial intelligence

Japan's SBI Holdings looks to raise $275m for fintech fund

Japanese financial conglomerate SBI Holdings has set its stall out as a central player in the fintech ecosystem, promising to aggressively adopt new technology and build a network of startups through a $275 million venture fund.

12 May 2016

News/Artificial intelligence

Deutsche Bank crowdstorms AI ideas

Deutsche Bank is "crowdstorming" ideas on how artificial intelligence can be used in the financial services industry, inviting people to submit their concepts for the chance to develop them at the German giant's innovation labs and win cash prizes.

09 May 2016

Company update/Artificial intelligence

AI, algo-banking, blockchain, cryptocurrencies and robo-advice form growth of Australian fintech

Fintech is a disrupting force and a decentralising movement in the financial services sector.

03 May 2016

Company update/Artificial intelligence

VirtusaPolaris and WorkFusion to deliver robotic automation

VirtusaPolaris, the market-facing brand of Virtusa Corporation and Polaris Consulting & Services, Ltd. and a leading worldwide provider of information technology (IT) consulting and outsourcing services, and WorkFusion, the leading smart process automation (SPA) provider, today announced a partnership to deliver new smart automation solutions for the banking and financial services (BFS) market.

26 April 2016

News/Artificial intelligence

Absa to trial AI-driven chatbots to answer customer queries

Barclays' South African subsidiary Absa is to embark on a trial of chatbots, using artificial intelligence to answer simple customer queries posted over popular smart messaging apps.

26 April 2016

Company update/Artificial intelligence

Capital markets AI startup Almax Analytics closes seed funding round

Almax Analytics, Artificial Intelligence for News Insights in Capital Markets, announced today financing of the initial growth and development for its technology (the seed round) has been closed in London.

25 April 2016

News/Artificial intelligence

Hong Kong to get new mobile bank

Neat, a mobile banking startup in Hong Kong that blends machine intelligence with biometric security, has opened its waiting list to university students and young professionals with a view to a Q2 2016 launch.

21 March 2016

Company update/Artificial intelligence

Micronotes taps AI for cross-sell suite

Micronotes, a cloud-based marketing automation company for financial institutions, today announced a suite of new products that enable bank marketers to effectively cross-sell using artificial intelligence and machine learning.

15 March 2016

News/Artificial intelligence

Atom Bank to deploy 'intelligent software' to answer customer queries

Atom Bank is to augment its mobile banking service with machine learning technology from Xerox subsidiary WDS, to provide customers with answers to queries from an AI bot within the app.

15 March 2016

News/Artificial intelligence

Mizuho Bank taps IBM's Watson to give robot branch workers an IQ boost

Tellers beware: Japan's Mizuho Bank is about to deploy robots that have been supercharged by IBM's Watson cognitive computing platform in several of its branches.

04 March 2016