Artificial intelligence

3001 articles tagged with this keyword

/markets

Overbond forms strategic alliance with Rapid Addition

Overbond’s fixed income artificial intelligence (AI) now offers protocol and system agnostic integration with venues and e-trading systems used by sell-side and buy-side trading desks thanks to a strategic alliance with electronic trading innovator, Rapid Addition.

/cloud

Banks to up spending on next generation technologies

Over half of financial services firms worldwide plan to increase their spending over the next two years on next-generation technologies such as AI, blockchain, the Cloud and digital, according to a new study surveying 1,000 global C-suite executives and their direct reports, released today by Broadridge Financial Solutions (NYSE: BR), a global Fintech leader.

/cloud

BBVA taps Google Cloud Chronicle to build AI security platform

BBVA has today announced that it will be the first bank in Europe to deploy Google Cloud’s security analytics platform Chronicle and will use AI and machine learning to predict and prevent cyberattacks.

/cloud

MSCI collaborates with Microsoft on investment-solutions-as-a-service bundle

MSCI Inc. (NYSE: MSCI), a leading provider of investment decision support tools and services, today announced the development of Investment Solutions as a Service for the global investment industry in collaboration with Microsoft Corp.

/security

VTB applies AI model to clamp down on payment card fraud

VTB is implementing a new model based on AI to prevent fraudulent card transactions: a machine learning algorithm trained on more than 10,000 parameters detects 1.5 times more attempts by attackers to commit fraudulent transactions compared to previous operating systems.

/retail

Scotiabank applies AI and Big Data to better understand customer needs

Scotiabank today announces C.MEE, a new technology that leverages big data and artificial intelligence (AI) to enable even better customer experiences (CX) with the Bank.

/cloud

Cloudentity and Axway partner to deliver zero trust for Open Banking

Cloudentity, a cloud-based provider of dynamic fine-grained authorization and governance solutions, today announced its partnership with Axway, a leading API integration platform provider, to deliver Zero Trust authorization for Open Banking services.

/retail

Northern Hills Federal Credit Union selects Scienaptic’s credit decisioning platform

AI-powered credit decision platform provider Scienaptic AI announced the deployment of its platform at Northern Hills Federal Credit Union.

/Artificial intelligence

Sberbank invites kids to participate in international AI contest

The qualifying round of the Artificial Intelligence International Junior Contest, which is organized by Sber and AI Alliance Russia, has started.

/wholesale

Third party risk management platform Mirato raises $9m

Mirato, an Israeli firm that has built an AI-driven third party risk management platform (TPRM) for financial institutions, has raised $9 million in funding.

/security

Tinkoff applies encryption tech from oneFactor to protect client data in AI credit scoring module

Tinkoff, one of Europe’s largest and most innovative digital banks, has began using an AI-powered predictive analytics tools, based on combined data from multiple sources, including telecom operators, Russia’s largest credit bureau and Tinkoff itself.

/markets

Calastone implements Opsmatix AI to improve client handling and efficiency

Opsmatix, an innovative provider of AI-powered omnichannel operations automation solutions, today announces that Calastone, the world's largest global funds network, has implemented the Opsmatix SaaS platform to process increasing business and email volumes into Calastone's Operations Team.

/retail

Personetics raises $75m for AI-driven customer engagement platform

Personetics, a fintech that uses AI to help financial institutions boost customer personalisation and engagement, has secured a $75 million investment from Warburg Pincus.

/crypto

Crypto exchange Kraken launches venture fund

Cryptocurrency exchange Kraken has launched a venture fund to invest in early-stage crpto and fintech startups.

/regulation

Nice Actimize applies AI to watchlist screening

Financial services organizations are increasingly challenged to efficiently screen parties and payments against required sanctions lists.

/retail

People trust robots over humans to manage their financial affairs

The Covid-19 pandemic is eliminating previous fears about the role of AI in financial services, with individuals and business leaders now trusting a robot more than a human to handle their financial affairs.

/payments

Pelican supports Swift low-value payments project

Pelican today announced its support for SWIFT as it develops a new service for low value cross-border payments.

/crime

Mauritius Commercial Bank to install Windward financial crime package

Today, Windward, the Predictive Intelligence company applying AI to transform global maritime trade, and The Mauritius Commercial Bank Ltd. (MCB), the longest-standing and leading banking institution in Mauritius, announced a long-term, multi-year partnership to enhance MCB’s due diligence and monitoring processes linked to its commodity trade finance business.

/Artificial intelligence

NNTC and Smart Engines implement digital onboarding at Oman Arab Bank

NNTC, a UAE-based software developer and solutions provider, today announced the successful implementation of its biometric user onboarding module with Smart Engines's identity documents recognition technology at Oman Arab Bank (OAB), a pioneer in the local banking sector.

/cloud

Cleareye.ai taps Microsoft Azure for PPP loan processing engine

Cleareye.ai, a leading fintech platform that transforms banks into hyper-agile organizations, today announced it is collaborating with Microsoft. Cleareye.ai’s enterprise-ready platform will use Microsoft technology to power its products, starting with the PPP Loan Forgiveness Processing Engine, which will be powered by Microsoft Azure.