Artificial intelligence

3485 articles tagged with this keyword

/identity

Credex partners with iDenfy for biometric ID verification

The Lithuanian-based remote ID verification and fraud prevention startup, iDenfy, partners with Credex, the automated lending platform for point of sales financing. iDenfy’s full-stack identity verification will ensure a swift and safe lending experience for Credex’s customers.

/retail

UK’s digital watchdogs take a closer look at algorithms

Every day, we access services that process data using a wide variety of automated systems.

/cloud

Temenos to offer explainable AI on Oracle Cloud

Temenos (SIX: TEMN), the cloud banking platform and member of Oracle PartnerNetwork (OPN), today announced that Temenos Explainable AI (XAI) will be offered on Oracle Cloud Infrastructure (OCI).

/retail

Aviva deploys Tractable AI to assess motor damage claims

Aviva, one of the largest insurers in the UK, has signed an agreement with Tractable to improve the accuracy and efficiency of UK motor claims by using artificial intelligence (AI).

/wholesale

SME Finance ships AI-powered revenue-based financing product

SME Finance, the fintech reinventing growth financing for small- and medium-sized enterprises, has launched Smart Loan — a revenue-based financing solution offering a fairer, faster AI-powered service for startups and SMEs, including e-commerce sites, seeking unsecured lending up to €50,000.

/identity

Banca Sella speeds up onboarding with Fido

Speeding up the opening of an online-current account, significantly reducing execution time and manual control activities thanks to an Artificial Intelligence-based algorithm.

/predictions

Retail banks must embrace data-centric capabilities to see off fintech challenge - report

As fintech upstarts snap at their heels, retail bank executives are concerned that they are lagging in their ability to offer true omnichannel and personalised experiences, according to a report from Capgemini and Efma.

/cloud

Citi and State Street invest in FundGuard

Citi and State Street have joined a $40 million Series B funding round for AI-powered SaaS investment management and asset servicing enterprise platform FundGuard.

/inclusion

QuadFi scores $100m financing facility with Crayhill Capital Management

QuadFi, a mission driven global fintech firm headquartered in Canada, today announced that it has entered into an agreement for a new financing facility of up to US $100M (CAD $127M) with Crayhill Capital Management, a New York-based minority-owned private credit manager.

/people

Opsmatix appoints Dan Kramer as CEO

Opsmatix, an innovative fintech providing AI-powered unstructured communications management solutions, announces the appointment of New York-based seasoned finance and technology executive Dan Kramer as CEO.

/payments

Google fund invests in Dutch fintech Payaut

Google's AI-focus venture fund has led an €8 million seed round for Payaut, an automated payment provider for online platforms and marketplaces.

/retail

TransUnion picks Provenir for AI-powered risk decisioning

Provenir, a global leader in AI-powered risk decisioning software, today announced it has been selected to join TransUnion’s Strategic Alliance Distribution Program.

/retail

OTP Bank signs with Flowx.AI

OTP Group, one of the largest independent financial services companies in Central Europe, announced today that it partnered with FLOWX. AI, the low-code/no-code provider in the enterprise space, to accelerate and reshape its digital experiences for customers and employees.

/security

IBM introduces real-time AI for transaction processing

IBM is harnessing the power of real-time AI to help banks analyse for fraud during transactions on a "massive scale".

/inclusion

Carefull and Nationwide team up to support 'financial caregivers'

Carefull, the first digital platform built to protect the daily finances of older adults, today announced a pilot program with Nationwide and their Innovation team, leveraging access to Carefull’s safe money monitoring technology.

/startups

Jia Finance raises $5m to help Asian investors get US residential mortgages

Jia Finance, an online residential mortgage platform for foreign investors, is now scaling its offering in the U.S. for international buyers and announcing its $5 million seed round of funding.

/security

More than 90% of European fintechs will adopt AI-enabled risk decisioning to combat fraud - Provenir

According to the latest study from Provenir, a global leader in AI-powered risk decisioning software for the fintech industry, fraud prevention is the biggest driver for investments in AI-enabled risk decisioning this year.

/markets

Quant Insight rolls out Retina 2.0

Quant Insight (Qi), the ground-breaking macro analytics provider for institutional investors, has rolled out RETINA™ 2.0, which includes major updates, new features, and improved functionality.

/regulation

Effectiv raises $4m for fraud management platform

Effectiv, the US startup behind a no-code risk management platform for mid-sized banks, credit unions and fintechs, has raised $4 million in seed funding.