Artificial intelligence

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/cloud

Aussie neo bank Volt partners with Microsoft

Microsoft today announced a strategic partnership with Australia’s first neobank, Volt, to develop “Volt 2.0” - a next-generation Banking as a Service (BaaS) platform, slated for release in 2021.

Exabel closes $3.6m funding round

/startups

Exabel closes $3.6m funding round

A startup that offers AI analytics to asset managers has raised $3.6m in its third funding round bringing the total capital raised to more than $12m.

/markets

Overbond launches real-time AI bond pricing trading product

Overbond Ltd., a fixed income analytics solution provider, today announced the launch of COBI-Pricing LIVE, the company’s powerful new real-time AI bond pricing product.

/Artificial intelligence

Abaka releases ‘plug in and play’ AI-powered chatbot products

ABAKA, the global leader in digital saving and retirement enterprise SaaS solutions, today announced the launch of a new suite of products which allow financial services firms of all sizes to ‘plug in and play’ a financial advice chatbot as a service solution.

JP Morgan and Blackrock tap Saphyre AI tech to automate account opening

/wholesale

JP Morgan and Blackrock tap Saphyre AI tech to automate account opening

JP Morgan’s Securities Services and BlackRock have turned to fintech Saphyre to digitise their account opening workflows.

/Artificial intelligence

Bank of America sets company record for patents filed and granted during first half of 2020

Bank of America today announced it has recorded the most patents filed and granted in the first half of any year in the history of the company.

/wealth

Finantix integrates with Next Best Action

Finantix, the global provider of digital enabling software for the banking, wealth management and insurance sectors, announces the integration of Next Best Action into its award-winning and innovative product suite.

/retail

NCR integrates Kasisto conversational AI into digital banking platforms

Kasisto, creators of the leading digital experience platform for the financial services industry today announced they are integrating Kasisto’s virtual assistant platform, KAI, into NCR Digital Banking technology.

How to combat payments fraud with machine learning in the cloud

/cloud

How to combat payments fraud with machine learning in the cloud

Financial services customers are operating with faster speed and greater agility in the payments space, now more than ever with the incremental volume of card-not-present transactions, accelerated adoption of contactless payments, and new financing options at the point-of-sale, among other key trends.

Startup offers trading in 'value of human success'

/startups

Startup offers trading in 'value of human success'

Forget companies, gold and bitcoin, a London-based startup is promising to use AI and big data to let investors trade the economic value of successful people - from sports stars to politicians to social media influences.

/sustainable

Truvalue Labs and Solactive launch new generation of AI-powered ESG indexes

Truvalue Labs, the pioneer in AI-driven environmental, social, and governance (ESG) data, along with Solactive, the German index engineering firm, today announced the launch of the Solactive Truvalue ESG Index Series.

/Artificial intelligence

American Express invests in Indian behavioural sciences data lab

The American Express Data Analytics, Risk and Technology (DART) Laboratory was inaugurated at Indian Institute of Technology Madras on Thursday (3rd September 2020).

Look beyond London for the UK fintechs that will lead post-Covid recovery

/covid-19

Look beyond London for the UK fintechs that will lead post-Covid recovery

Echoing Prime Minister’s Boris Johnson pledge to 'double down on levelling up' the UK economy, Citi Bank’s Tony McLaughlin believes the country can become an even more friendly environment for fintech and should be looking outside “a small perimeter around Old Street”.

/identity

MyCash Money picks Onfido to power remittance services with ID verification

MyCash Money, the e-Marketplace specially designed for migrants in Malaysia and Singapore, today announced a new partnership with Onfido, the global identity verification and authentication company, to provide streamlined identity verification to its users.

/people

Accelex appoints Steve Husk as chairman

Today Accelex, a data acquisition, analytics and reporting solutions provider for alternative investors, managers and asset servicers, announced that its Board of Directors has appointed Steve Husk as Chairman.

/cloud

FSS adds machine learning and cloud support to reconciliations platform

FSS (Financial Software and Systems) a global payment products provider and processor, has introduced critical increments to its market-leading Smart Recon platform.

HSBC develops AI-based tool to keep cash machines replenished

/payments

HSBC develops AI-based tool to keep cash machines replenished

HSBC in Hong Kong is using an AI-based cash withdrawal forecasting tool to make sure that its network of 1200 ATMs don't run out of money.

/people

Traydstream names Moshe Wolfson sales and origination lead, European banks

Traydstream continues to accelerate its client activities and welcomes Moshe Wolfson to help lead the charge with European banks. He brings with him thirty years of rich experience in the field of direct and indirect sales to major Banking and Corporate clients.

/regulation

SIX Swiss Exchange rolls out AI-based surveillance platform

Today’s launch of “Prometheus”, the new trading surveillance application, sees SIX Exchange Regulation (SER) set new standards for the monitoring of SIX stock exchanges. SER consistently pursues a holistic surveillance approach and uses artificial intelligence, machine learning and big data as a basis for this.

/retail

GTreasury unveils AI tool to improve cash forecasting

GTreasury, a treasury and risk management platform provider, today announced the release of SmartPredictions™, which improves cash forecasting accuracy by applying artificial intelligence to short- and long-term treasury data.

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