Artificial intelligence

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/security

Sift expands fintech coverage

Sift, the leader in Digital Trust & Safety, announced new platform capabilities that simplify digital risk assessment across multiple payment methods, while empowering fraud teams with more control in payment fraud decisioning.

How collaboration between competitors spelled success for AWS and Temenos

/cloud

How collaboration between competitors spelled success for AWS and Temenos

At the Temenos Community Forum in Vienna earlier this year, Finextra interviewed Stewart Davies, Global SaaS commercial director at Temenos, and Mandeep Sidhu, global account manager GFS at AWS to discuss the event’s theme: ‘Engage and Grow in a Cloud World’.

/people

Pepper Advantage names Narinder Auluck group CTO

Pepper Advantage, a global credit intelligence company, announces the appointment of Narinder Auluck as Group CTO, based in London and effective immediately. This new senior executive position demonstrates Pepper Advantage’s plan to develop new technologies that transform the credit management sector.

/markets

Moody’s partners Google Cloud on generative AI

Moody’s Corporation (NYSE:MCO) and Google Cloud today announced a new strategic partnership to explore bringing together Moody’s expertise in financial analysis and Google Cloud’s advanced generative AI (gen AI) technologies to help Moody’s customers and employees leverage new large language models (LLMs) to glean new financial insights and summarize financial data faster.

/security

Featurespace unveils GenAI model for tackling financial crime

Featurespace, the world leader in enterprise grade technology that prevents fraud and financial crime, has launched TallierLTM - the world's first Large Transaction Model (LTM). TallierLTM™, a foundation AI technology for the payment and financial services industry, is a large-scale, self-supervised, pre-trained model designed to power the next generation of AI applications for the financial protection of consumers.

OCBC rolls out ChatGPT-based bot to all employees

/markets

OCBC rolls out ChatGPT-based bot to all employees

Singapore's OCBC is to roll out a generative artificial intelligence chatbot to all of its 30,000 employees to assist them with writing, research and ideas for new innovations.

/payments

Modern Treasury taps AI for reconciliation engine

Modern Treasury, the operating system for the new era of payments, revealed today, at Money 20/20 in Las Vegas, how its new AI Reconciliation Suggestions tool will enhance reconciliation, increasing the efficiency of its platform and speed of cash reconciliation for customers.

/retail

EarnUp launches financial wellness member engagement platform for credit unions

EarnUp, Inc., a financial wellness fintech company, announced today the availability of its EarnUp Engagement Platform, exclusively for credit unions to help drive member engagement through actionable solutions that automate savings, increase loan eligibility and improve overall financial health.

/payments

Mastercard expands consulting services with AI and Economics practices

Mastercard today announced the expansion of its consulting business with the launch of new practices dedicated to artificial intelligence and economics, to help clients across all industries rapidly and responsibly advance the use of AI and address ever shifting macro-economic forces and consumer preferences.

/security

Jumio unveils fraud prevention tech

Jumio, the leading provider of automated, end-to-end identity verification, risk assessment and compliance solutions, today unveiled at Money20/20 USA Jumio 360° Fraud Analytics, its new fraud-fighting technology that uses AI-driven predictive analytics to identify fraud patterns with more sophistication and accuracy than ever before.

ChatGPT interprets 'Fed speak' to predict direction of interest rates

/markets

ChatGPT interprets 'Fed speak' to predict direction of interest rates

A new study by researchers at Sheffield Hallam University demonstrates the ability of large language models like ChatGPT to predict future interest rate decisions by central banks.

CBA using Gen AI to create 'synthetic customers' for testing of new products

/retail

CBA using Gen AI to create 'synthetic customers' for testing of new products

Commonwealth Bank of Australia (CBA) is studying the use of generative AI to create 'synthetic customers' capable of emulating human behaviour, to test the response to new products and services.

/retail

Smart Valor-backed Ellon.AI releases AI-powered investment companion

In the world of finance, where timely and accurate information can often be the difference between success and missed opportunities, having easy access to critical information is of paramount importance for making sound investment decisions.

The Future of Digital Banking in North America 2024

/Artificial intelligence

The Future of Digital Banking in North America 2024

738 downloads

/people

Western Australia launches visa scheme for UK AI professionals to relocate downunder

Time is running out for British AI, data management and tech specialists to take advantage of a new, streamlined pathway offering career advancement in Western Australia (WA).

/payments

Square introduces ten new generative AI features

Today, Square announced 10 new generative AI features that sellers can use now to automate operations, speed up workflows, and regain time.

/payments

Mastercard uses AI to sharpen payment resiliency

With the relentless demand on banks to maintain consumer trust in an ever-evolving payments landscape, Mastercard has launched a new suite of enhanced solutions using game-changing AI to help them make good on the promise of ‘always-on’ payments.

/startups

Sella picks seven startups for final phase of AI incubation programme

72 projects applied to take part in the "Artificial Intelligence Business Incubator": the international incubation program fostered by Banca Sella and implemented by dpixel – the Sella group Venture Incubator – with the support of the Fintech District, aiming to assist in the initial phase (pre-seed) of startups, researchers, entrepreneurial teams, university spin-offs, companies and the most innovative artificial intelligence projects applied to finance.

/markets

LTX upgrades BondGPT application

LTX, a subsidiary of global Fintech leader, Broadridge Financial Solutions, Inc. (NYSE:BR), today announced the launch of BondGPT+, the enterprise version of its award-winning BondGPT application, which incorporates Broadridge’s unique patent-pending technology and OpenAI GPT-4 to answer complex bond-related questions and rapidly assist users in their identification of corporate bonds on the LTX platform.

/retail

Q2 develops AI-driven CoPilot

Q2 Holdings, Inc. (NYSE:QTWO), a leading provider of digital transformation solutions for banking and lending, today announced the launch of the Andi copilot platform, an artificial intelligence (AI) solution suite purpose-built for bankers, enhanced with Generative AI (GenAI) language model capabilities.

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