Artificial intelligence

3321 articles tagged with this keyword

/startups

Boosted.ai raises $8m

Boosted.ai, the leading distributed machine learning platform for global investment professionals, today announced the closing of an $8 million USD Series A financing round, led by Portag3 Ventures.

/people

Axyon AI appoints Francesca Campanelli as chief commercial officer

Axyon AI, a leading AI provider for the asset management industry, has appointed Francesca Campanelli as its new Chief Commercial Officer (CCO).

/startups

North Wales fintech start-up monva crowdfunds £300,000 for new AI powered comparison service

North Wales fintech, monva has announced it has exceeded its initial crowdfunding target of £250,000, as it enters a period of overfunding across the next two weeks.

/wealth

Northern Trust tapping data transparency and ESG to navigate volatility

American financial holding company Northern Trust’s head of front office solutions, Melanie Pickett, tells Finextra Research about some of the complexities in delivering reliable data analytics to institutional clients, which are of even greater importance during periods of volatility such as now.

/startups

Resistant AI raises $2.75 million in seed funding

Resistant AI, a security company that helps to protect AI systems from targeted manipulation, adversarial machine learning attacks and advanced fraud, has raised $2.75 million in funding.

/cloud

Temenos and Microsoft offer 14-day trial of AI financial crime kit on Azure

Temenos (SIX: TEMN), the banking software company, announced today a joint effort with Microsoft to enable access to its AI-powered, Financial Crime Mitigation (FCM) SaaS solution to allow banks to protect both their customers and their organization from financial crime increase during the pandemic, particularly as banks have moved to remote working to protect their staff.

/security

Trust remains integral to acceptance of AI by UK consumers

In response to the European Commission’s strategy for data released in February, Vikram Khurana, senior associate, Bristows LLC argues that “The EC is saying trust needs to be the bedrock of AI. If the industry can tackle this issue and build trustworthy AI systems, AI is more likely to be accepted and taken up by businesses and individuals.”

/wholesale

NatWest Markets picks Dataiku machine learning platform

The markets business of UK bank NatWest is rolling out a data science and machine learning platform from AI specialist Dataiku, with the goal of deepening collaboration between technical staff and front office users.

/payments

Celonis unveils accounts payable feature

Celonis, the market leader in AI-powered process mining and process excellence software, today launched the next generation of its platform, enabling customers and partners to develop purpose-built Operational Applications.

/startups

GV invests in expense monitoring startup Digits

US fintech Digits is launching its expense monitoring dashboard for small businesses after closing a $22 million Series B funding round led by GV (previously Google Ventures).

/sustainable

Antony Jenkins on sustainability: ‘You can’t please everyone’

In conversation with Finextra TV, Antony Jenkins, founder and executive chairman of 10x Future Technologies and former Barclays CEO, highlights that the single most important factor in the push toward sustainability is transparency.

/regulation

Abu Dhabi Global Market taps regtech startup to automate licence applications

Regtech startup Nexus FrontierTech has joined forces with Abu Dhabi Global Markets (ADGM) to pilot an AI-based system to automate the licence application process for VC fund managers entering the emirate.

/crypto

LG CNS trials pay-by-face with digital currency

South Korea's LG CNS is trialling a pay-by-face system at its staff cafeteria that uses AI, blockchain and cloud technology to let people pay with a special "community currency".

/payments

Temenos releases explainable AI model to speed up loan approvals

Temenos (SIX: TEMN), the banking software company, announced today the launch of Explainable AI (XAI) models to enable banks and credit unions to rapidly offer loans to small and medium enterprises (SMEs) that have seen their cash flow disrupted by the Covid-19 outbreak.

/regulation

FMSB publishes Spotlight Review on algorithmic trading and machine learning

The FICC Markets Standards Board (FMSB) has today published its first Spotlight Review, looking at emerging themes and challenges in algorithmic trading and machine learning.

/retail

Former HSBC innovation chief Chazot preps short online fintech programme

CFTE launches the "Certificate in FinTech and Digital Finance", an interactive 2-week online programme to prepare professionals to the post-pandemic transformation of finance.

/retail

Meet Wendy, Westpac’s latest AI recruit

Westpac's latest AI recruit, Wendy, is capable of recognising and responding to customers' emotions as they chat onscreen through the webcam.

/identity

Digital ID outfit Onfido raises $100m

London-based identity verification and authentication company Onfido has raised $100 million in a funding round led by TPG Growth.

/payments

Previse raises $11 million to help businesses get paid faster

Invoice financing platform Previse has raised $11 million in a funding round led by Reefknot Investments and Mastercard, with participation from existing investors Bessemer Venture Partners, Hambro Perks and Augmentum Fintech.

/wholesale

Envoy partners TradeSun on AI document processing

Today, Envoy Group announces that it has teamed up with TradeSun to offer an automated document reviewing process which will significantly reduce the time taken to complete trade finance transactions.