Machine learning

290 articles tagged with this keyword

/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.

/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.

/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.

/regulation

FCA head of RegTech: Prioritise female hires across the industry

Francesca Hopwood Road, head of regtech at the FCA drilled down on how the hiring process structurally worked against the employment of females in regtech during the Regtech Women’s event ‘Cracking Communications: Be effective, be confident, be compliant’.

/regulation

Transformative regulation finds its feet in 2020

The true benefits and complexities of transformative regulation across financial services is set to become reality in 2020, as firms work to prepare and implement systems to meet compliance standards while maintaining a competitive edge.

/cloud

Success in the cloud: Strategic insights and best practices

The cloud is now the new normal and financial institutions are harnessing and deriving value from the massive amount of data that they possess. Finextra Research’s latest report in association with Amazon Web Services highlights that technology needs to be adopted as quickly, easily and cost-effectively as possible, for scale and flexibility.

/ai

EU sets out plans for Big Data and AI

The European Commission is to invest EUR2 billion in the creation of an EU cloud alliance as part of an overarching strategy to leverage the region’s strong industrial data sets and boost development of AI technologies.

/regulation

FCA flags regulatory gaps and IT outages as key areas of focus

In its annual Sector Views report, the UK's Financial Conduct Authority warns of the growing risks to consumers in the retail banking and payments sector, as regulatory protection struggles to keep pace with technology-driven innovation and incumbents grapple with legacy limitations.

/Machine learning

A Segment of One: The new reality

Consumers now have access to all the information they need to define, compare and select the financial products and services that best serve their individual needs.

/cloud

Colt expands cloud offerings with Oracle FastConnect

Colt Technology Services, a leading provider of agile, high bandwidth connectivity solutions and a Gold level member of Oracle PartnerNetwork (OPN) today announced it will provide dedicated, private and on-demand access to Oracle Cloud through Oracle Cloud Infrastructure FastConnect.

/sustainable

BBVA responsible business global head: “UN SDGs are the biggest business opportunity for banks”

Finextra Research spoke to Antoni Ballabriga, global head of responsible business at BBVA, co-chair of the global steering committee and European banks’ representative for the United Nations Environment Programme Finance Initiative (UNEP FI) about sustainable finance in the investment and lending space.

/Machine learning

Refinitiv partners with Google Cloud to power Tick History database

Refinitiv has announced the launch of its Tick History dataset on the Google Cloud platform, catering to a growing appetite for quant-trading technology.

/ai

Citi Commercial Cards adds virtual agent to call centres

Citi Commercial Cards has teamed up with conversational AI firm Interactions to roll out an intelligent virtual agent (IVA) feature to its US call centres.

/ai

Fintech workforce to expand 19% by 2030 thanks to AI, Cambridge University predicts

In a recent report, the Cambridge Centre for Alternative Finance (CCAF) and the World Economic Forum (WEF) found that rather than observing AI as a single instrument for blanket application across the industry, AI can be viewed as a toolkit that is being used to tinker and build services in an abundance of ways to achieve a variety of objectives.