Finextra Research: Latest fintech news, analysis, interviews, features and opinion by industry experts

Company update/markets

KPMG forms AI innovation boosting partnership with Databricks

KPMG UK has formed a strategic alliance with Databricks, a leader in data and artificial intelligence. The alliance will help the firm’s clients get the most out of their data and AI and empower them to innovate at a faster pace.

15 March 2024

Company update/people

Tifin appoints Brooke Juniper as CEO of its investment assistant Sage

TIFIN, a leading AI and innovation platform for wealth, announces the appointment of Brooke Juniper as the Chief Executive Officer of Sage, its AI-driven investment platform that acts as a personalized CIO, helping advisors through quick ideation and actionability for each client and prospect portfolio.

15 March 2024

News/startups

EBAday 2024: Calling early-stage startups to showcase products

The 19th edition of EBAday, the largest annual European event for payments and transaction banking, will return on 18th – 19th June 2024 at CCL in Lisbon, Portugal.

15 March 2024

News/crime

MPE 2024: AI-driven misinformation and consumer education in fraud

In an exclusive interview at Merchant Payments Ecosystem 2024, trust and safety architect at Sift Brittany Allen spokes with Finextra on new challenges in the fraud space, and how the spread of misinformation on social media is a major concern with AI-driven technology.

15 March 2024

Company update/people

Former Wells Fargo head of SMB banking joins Uplinq as strategic advisor

Uplinq Financial Technologies, the first global credit decisioning support platform for small business lenders, today announced the addition of prominent financial services leader Derek Ellington as strategic advisor.

14 March 2024

Company update/markets

Rimes debuts AI-powered Data Lakehouse Copilot

Rimes is pleased to announce the launch of its Data Lakehouse Copilot. The Large Language Model (LLM) powered by the AI Copilot quickly provides unique insights from data using natural language.

14 March 2024

Company update/wholesale

Banco BPI and Personetics introduce small business management app Pulsoo

Portuguese bank Banco BPI and Personetics today announced the introduction of Pulsoo, an independently branded application that empowers small and medium business (SMB) owners to manage their businesses.

14 March 2024

News/payments

MPE 2024: What does a smart city look like?

In a keynote presentation at Merchant Payments Ecosystem 2024 in Berlin, Hemlata Narasimhan, president of Elavon explored what a smart city could look like in 2030, using Venice, Italy as a case study.

13 March 2024

Company update/regulation

European parliament votes through Aritifical Intelligence Act

On Wednesday, Parliament approved the Artificial Intelligence Act that ensures safety and compliance with fundamental rights, while boosting innovation.

13 March 2024

News/wholesale

AI not ready for central bank policy making - MAS economist

Artificial intelligence is not ready to replace structural models for central bank policy making, according to the Monetary Authority of Singapore's chief economist.

13 March 2024

News/payments

MPE 2024: How are merchants implementing AI in payments?

At the Merchants Payments Ecosystem conference 2024, Chairwoman Anna Maj moderated the session ‘Next-Generation Technologies for Merchant Payments’, speaking to a panel of experts including Bartosz Skwarczek of GZA Capital Group, Galit Shani-Michel from Forter, Bono van Nijnatten from ASOS Payments, and Francesco Burelli of Arkwright Consulting. Maj questioned the panelists on how AI is being used in merchant payments and where AI can take their companies in the future.

12 March 2024

News/payments

MPE 2024: What’s new for merchant payments and the role of digital wallets?

At the annual Merchant Payments Ecosystem conference in Berlin, businesses and leaders in payments come together to exchange ideas, perspectives, and visions in the merchant payments industry.

12 March 2024

Company update/regulation

Ripjar releases AI Copilot for risk profiling

Ripjar, the trusted provider for monitoring and investigating threats, risks and criminal activity, announces the launch of its Compliance Copilot, an AI-powered assistant which forms part of the organisation’s AI Risk Profiles solutions.

12 March 2024

Company update/markets

CQG unveils machine learning toolkit for predicting futures market moves

CQG, a leading global provider of high-performance technology solutions for market makers, traders, brokers, commercial hedgers and exchanges, today announced completion of internal testing and proof-of-concept using live data on what the firm believes to be a first-of-its kind artificial intelligence (AI) predictive model for traders.

11 March 2024

Company update/devops

CBA and Microsoft deepen Gen AI partnership

Commonwealth Bank of Australia (CBA) today announced it is deepening its existing partnership with Microsoft after signing a new ‘letter of intent’ to work together on a range of initiatives to deliver more for customers.

11 March 2024

News/devops

OpenAI, Google pledge to build responsible AI

OpenAI and Google are among dozens of tech companies signing open letter pledging to build ethical AI.

08 March 2024

News/cloud

BofE plans cloud-based data platform and AI pilots

The Bank of England is building out a cloud-based data and analytics platform after an independent review found "nervousness" in adopting the technology.

08 March 2024

Company update/retail

Profile Software ships LLM for app queries

Profile, a leading international financial solutions provider, announces the launch of its pioneering AI.Adaptive solution and incorporates the cutting-edge technology introduced by Artificial Intelligence, revolutionising the digital landscape.

07 March 2024

Why data is the backbone of predictive AI

Long read/Artificial intelligence

Dominique Dierks Content Manager at Finextra

Why data is the backbone of predictive AI

07 March 2024

Company update/startups

AI-powered data analytics firm Fluent raises $7.5m investment

Fluent, a data analytics platform transforming the way decision-makers access and use business data, has announced the close of a $7.5 million seed investment round.

06 March 2024