Latest Artificial intelligence News: Finextra Research

Impak Ratings acquires Exerica for ESG data push

Impak Ratings, a leading impact analysis and ratings fintech, acquires 100% of London-based Exerica’s assets to expand its AI capabilities.

04 November 2022

Company update/wealth

Momentum Global IM contracts MDOTM for AI-driven insights

Momentum Global Investment Management (MGIM) has appointed MDOTM Ltd., the global provider of AI-driven investment solutions, as a strategic partner to help it develop AI driven investment insights and triggers that can be integrated into and enhance MGIM’s well established outcomes-based investment process.

04 November 2022

Company update/retail

Zest AI raises over $50m

Zest AI, the leader in automating underwriting with more accurate and inclusive lending insights powered by AI, announced today that the company has raised over $50 million in a new growth round.

02 November 2022

News/people

Chime and Upstart lay off staff; Credit Karma pauses hiring

Digital bank Chime, online lender Upstart and Intuit-owned Credit Karma are the latest fintechs to reassess staffing in the face of the economic downturn.

02 November 2022

News/retail

UOB rolls out auto saving feature in Indonesia

Singapore-based UOB has enlisted Personetics for a new AI-powered automated savings feature at its Indonesian outpost TMRW.

02 November 2022

Company update/wealth

Tifin Wealth releases AI platform for client personalisation

TIFIN, the fintech platform known for its highly engaging products fueled by advanced data science and machine learning, has launched a first of its kind platform for client personalization.

01 November 2022

Company update/wealth

Tifin wealth unit launches AI platform for client personalisation

Tifin, the fintech platform known for its highly engaging products fueled by advanced data science and machine learning, has launched a first of its kind platform for client personalization.

01 November 2022

Company update/crime

Napier introduces advanced financial crime risk management platform, Napier Continuum

Napier, provider of leading anti-money laundering and compliance technology, today launched a new advanced financial crime risk management platform that offers high levels of automation whilst improving the efficiency and accuracy of financial crime compliance programs for regulated organisations of all maturity levels.

26 October 2022

Company update/Artificial intelligence

Thailand's Monix taps Advance.AI to offer mobile micro-loans to consumers

In Thailand, up to 63% of Thai adult population are either unbanked or underbanked.

25 October 2022

Research/Artificial intelligenceSentiment Paper

Seeking Approval - Acquirers vs. Transaction Fraud

25 October 2022 464 downloads

News/retail

Money20/20 US: Wells Fargo and Google launch AI assistant ‘Fargo’

Wells Fargo today unveiled the launch of Fargo, a virtual assistant driven by Google Cloud’s AI technology to improve their retail and consumer banking experience.

24 October 2022

Company update/wealth

CEPRES launches AI-based forecasting tool

CEPRES — the leader in private market investment technology and data — today announced the launch of CEPRES Predictive Intelligence, an enhanced, future-oriented portfolio management suite based on CEPRES’s proven and backtested forecasting technology

21 October 2022

Research/Artificial intelligence

The Future of Digital Banking in North America 2023

21 October 2022 1154 downloads

Company update/retail

Swiss fintech Yokpy opens Spain office

The Swiss company Yokoy continues its growth plan and announces its expansion to Spain, with a local team and office in Madrid to support regional operations.

20 October 2022

News/wealth

CFA paper calls for ethical use of AI

Ethical considerations should feature more prominently in the use of artificial intelligence (AI) in the investment management world, according to a recently published paper.

19 October 2022

Company update/wholesale

Commodities AI completes second funding round

Commodities AI Ltd (ChAI), the AI-driven commodity intelligence company, has completed a seed round to help expand its industry-leading services into new markets, providing real-time commodity price forecasts to new global audiences, including raw-material businesses and key supply chain providers.

19 October 2022

Company update/payments

LianLian Global buys stake in AI firm

LianLian Global, a leading global cross-border payments service provider, has announced it has acquired a minority stake in ContentBot, an Artificial Intelligence (AI) content generator.

19 October 2022

Company update/regulation

SS&C Europe sings for Napier compliance tech

Napier, provider of leading anti-financial crime compliance solutions, has announced that the financial services firm SS&C Europe will be upgrading its offering with Napier’s AI-enhanced financial crime risk management platform, Napier Continuum, which includes Client Screening and Transaction Monitoring tools. SS&C Europe is the UK’s largest fund administrator.

18 October 2022

Company update/startups

Insurtech Mea appoints CTO

Mea, the AI powered processing platform for insurers, has today announced the appointment of Lohitashwa Thyagaraj as their new CTO.

18 October 2022

News/regulation

Bunq wins AML case against Dutch Central Bank

Dutch challenger bank Bunq has hailed a "landmark" verdict in the Dutch courts over the use of artificial intelligence (AI) for anti-money laundering processes.

18 October 2022