Artificial intelligence

3532 articles tagged with this keyword

All articles with this keyword
Apply Cancel

/regulation

Broadridge releases AI-powered AML package

To better serve clients and the financial services industry, Broadridge Financial Solutions, Inc. (NYSE:BR), a global Fintech leader, today announced the launch of the Broadridge Anti-Money Laundering Solution (AMLS), bringing new, leading edge capabilities to Broadridge’s existing Intelligent Automation suite.

Five Factors to consider when building Operational Resilience

/Artificial intelligence

Five Factors to consider when building Operational Resilience

253 downloads

Sibos 2021: What will Industry 4.0 and 5.0 mean for the financial sector?

/Sibos

Sibos 2021: What will Industry 4.0 and 5.0 mean for the financial sector?

Opening Swift Innotribe’s red thread – Banking on Change – on day one of Sibos 2021, was theoretical physicist, futurist and science communicator, Dr Michio Kaku. Known best for his seminal work on string theory, Kaku analysed science’s contribution to wealth generation since the first industrial revolution, and made predictions as to how further technological innovation, particularly artificial intelligence (AI), will steer the financial services sector through the fourth and fifth industrial revolutions, this century.

CommBank implements AI tool to root out abusive messages in transaction fields

/payments

CommBank implements AI tool to root out abusive messages in transaction fields

Commonwealth Bank of Australia is implementing artificial intelligence technology and machine learning techniques to detect serial abusive behaviour in transaction descriptions within the CommBank App and Netbank.

/people

Pagaya names JPMorgan's Leslie Gillin chief growth officer

Pagaya Technologies Ltd. (“Pagaya”), a financial technology company that enables financial institutions to expand access to more customers through its partnerships and artificial intelligence network, today announced the appointment of Leslie Gillin, former President of Chase Co-Brand Cards, CMO of Citi's Global Consumer Bank and, most recently, CMO of JPMorgan Chase & Co., as its Chief Growth Officer.

/markets

LSEG Labs publishes AI/ML report

LSEG Labs launched the findings of its third annual artificial intelligence and machine learning (AI/ML) report (attached), which explores the current market landscape for AI/ML and how rapid acceleration in data literacy, resulting from the Covid-19 shock, is really just a glimpse of what’s yet to come.

/regulation

EBF calls for regulatory clarity over proposed EU-level AI rules

The European Banking Federation (EBF) welcomes the opportunity to comment on the European Commission’s proposal for a Regulation laying down harmonized rules on Artificial Intelligence (AI Act).

Over 100,000 banking jobs to disappear in next five years - Wells Fargo

/predictions

Over 100,000 banking jobs to disappear in next five years - Wells Fargo

Analysts at Wells Fargo predict that over 100,000 banking jobs could be displaced by technology over the next five years.

Scotiabank taps Google Cloud for more personalised services

/cloud

Scotiabank taps Google Cloud for more personalised services

Scotiabank is moving customer data onto Google Cloud and tapping the firm's data analytics and AI technology in a move the Canadian bank hopes will lead to more personalised and predictive services.

Wall Street giants invest in AI search engine for companies AlphaSense

/wholesale

Wall Street giants invest in AI search engine for companies AlphaSense

AlphaSense, an AI-based market intelligence platform used by a host of financial institutions, has raised $180 million in a Series C funding round co-led by Goldman Sachs and joined by Citi, Morgan Stanley and Barclays.

/regulation

EU committee calls for all-out ban on the use of social scoring for lending decisions

In two reports on draft EU legislation on artificial intelligence, the European Economic and Social Committee (EESC) calls for an all-out ban on social scoring in the EU and for a complaint and redress mechanism for people who have suffered harm from an AI system.

/Artificial intelligence

Altada scoops $11.5 million funding round

Altada Technology Solutions (“Altada” or “the Company”), a global artificial intelligence (AI) platform solution provider which creates operational efficiencies for clients by leveraging cutting edge AI to unlock value in data, announced today a USD $11.5 million funding round led by Rocktop Partners alongside Elkstone Partners and Enterprise Ireland.

DBS hunts for top tech talent via hack2Hire programme

/devops

DBS hunts for top tech talent via hack2Hire programme

DBS is to recruit 150 of Singapore’s top technology talent to bolster its AI and blockchain capabilities via its hack2Hire programme.

/security

ACI Worldwide earns patent approval for incremental learning tech

ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time payments and digital payment software solutions, today announced that the patent for its incremental learning technology – an innovative industry-first approach to machine learning – has received full approval.

RBC rolls out spending forecasting tool

/security

RBC rolls out spending forecasting tool

Royal Bank of Canada has added a forecasting feature to its artificial intelligence-powered budgeting tool, Nomi.

/wealth

Exabel and Verbatim launch alternative data insights platform

Exabel, a data and analytics platform for investment teams, is partnering with Verbatim Advisory Group to deliver a powerful new insights platform for Verbatim’s investment clients.

/regulation

Ppro makes minority investment in Sentinels

Ppro, the leading local payments infrastructure provider, has today announced a strategic partnership and minority investment in Sentinels, Europe’s leading transaction monitoring startup based out of the Netherlands.

Wiserfunding scores investment; wins Revolut contract

/startups

Wiserfunding scores investment; wins Revolut contract

Wiserfunding, a London-based provider of credit risk assessment for SME lenders, has secured a £3 million investment from BGF and signed up Revolut as a client.

/security

Caixabank taps fintech Revelock to implement behaviouiral security in digital channels

CaixaBank has worked together with the start-up Revelock, recently acquired by Feedzai, to develop a solution based on artificial intelligence and aimed at preventing fraud in digital banking channels.

/wholesale

ForwardAI unveils PreciseMatch transaction mapping tool

ForwardAI, a fintech providing aggregated access to business & accounting data and analysis, today introduced PreciseMatch, an intelligent transaction mapping technology that automatically cross-validates accounting systems with synced banking accounts, allowing for smarter, more efficient small business lending decisions.

Welcome to Finextra. We use cookies to help us to deliver our services. You may change your preferences at our Cookie Centre.

Please read our Privacy Policy.

Accept