Artificial intelligence

3229 articles tagged with this keyword

/cloud

Deutsche Bank and Google Cloud agree multi-year deal

German banking giant Deutsche Bank has agreed a multi-year partnership with Google Cloud for the provision and joint development of cloud services.

/retail

Pair Finance lands €2 million in new funding

Berlin-based digital debt collection outfit Pair Finance has raised €2 million from existing investors after crossing the profitability threshold in 2019.

/startups

Industry heavyweights raise EUR45m for Italian challenger bank

A pair of veteran Italian banking executives has raised EUR45 million and taken the first steps to acquiring a license for a new digital bank for small businesses.

/sustainable

More maturity needed from AI, DLT and IoT to power sustainable finance data

The executive director of Green Digital Finance Alliance, a partnership between Ant Financial and the UN Environment Programme, has told Finextra Research about the mixed picture in being able to harness new technology to collect and tap into the data required to drive investment for sustainable goals.

/startups

Effi launches to shake up Australian mortgage broking

Australia’s mortgage broking sector is bracing for change thanks to the launch this morning of financial technology (fintech) firm Effi.

/cloud

How the cloud transforms customer experience in financial services

The bar to meet customer expectations across industries has continued to rise. Digital innovation is changing how companies engage their customers in every interaction, particularly how they deliver information as well as products and services.

/retail

ING Direct signs with natural language AI outfit Expert Systems

Expert System today announced that ING has chosen to extend AI-based automation benefits across the organization and improve back office operations.

/crime

Elucidate raises EUR2.5m for Financial Crime Index

Berlin-based financial crime risk quantification agency Elucidate has raised EUR2.5 million in a seed funding round led by Silicon Valley-based 11.2 Capital.

/markets

IPC joins forces with Digital Reasoning on voice surveillance

IPC, a leading global provider of secure, compliant communications and networking solutions for the financial markets community, today announced a strategic partnership with Digital Reasoning, the global leader in artificial intelligence solutions that understand human communications and behaviors.

/retail

Visa unveils AI-based credit application fraud prevention tool

Visa has built a digital tool that uses AI and proprietary data to help US financial institutions predict credit application fraud.

/markets

Microsoft acquires Big Data modeller ADRM

In advancing our mission to empower every person and organization on the planet to achieve more, Microsoft has been investing in the power of data and artificial intelligence (AI) to continuously innovate, influence and enhance customer experience and partner growth.

/wholesale

IBM unveils Watson Works to address the challenge of returning to the workplace

IBM (NYSE: IBM) today announced Watson Works, a curated set of products that embeds Watson artificial intelligence (AI) models and applications to help companies navigate many aspects of the return-to-workplace challenge following lockdowns put in place to slow the spread of COVID-19.

/devops

Citi and Deutsche Bank open source data projects to Finos

Citi and Deutsche Bank have offered up a new round of open source contributions to nonprofit Finos (Fintech Open Source Foundation).

/markets

Broadridge AI-based debt platform executes first trades

Broadridge Financial Solutions, Inc. (NYSE:BR), a global fintech leader, today announced that its new AI-driven corporate bond trading platform, LTX®, has executed its first trades.

/markets

Matrix IDM adds AI from Fintech Studios to news feed

Matrix IDM, a leading solution provider to asset owners and managers, today announces that they have successfully integrated FinTech Studios Apollo.aiTM platform into the Matrix offering.

/wholesale

Pagaya raises $102m for asset management AI

Pagaya, a startup bringing AI to the asset management industry, has raised $102 million in a Series D funding round led by an unnamed "prominent financial institution".

/people

Santander to hire 3000 techies this year

Spanish banking giant Santander has vowed to hire 3000 IT professionals worldwide this year as it pushes on with its digital transformation plan.

/retail

Orix Credit and AdviceRobo collaborate on alternative credit scoring in Japan

ORIX Credit Corporation and Innovative Financial Risk Specialist AdviceRobo have announced that they have started to work together to explore the potential of innovative alternative credit scoring in ORIX card loan services.

/payments

Russian store goes cashierless with Sberbank and Visa

Russia's Sberbank has teamed up with Visa and retailer Azbuka Vkusa to open a cashierless store where customers simply take items from shelves and are automatically charged.

/retail

AI will separate winners from losers - Temenos survey

Over three-quarters (77%) of respondents agree that unlocking value from Artificial Intelligence (AI) will be a key differentiator between winning and losing banks, according to the global survey conducted by the Economist Intelligence Unit (EIU) on behalf of Temenos (SIX: TEMN), the banking software company.