174 articles tagged with this keyword
News/security
Lloyds Banking Group has secured a patent for the Global Collaborations Engine (GCE), that uses intelligent algorithms to identify cyberthreats instead of false positives.
03 March 2025
News/crime
Finextra spoke to leaders at Google Cloud: Nick Godfrey, senior director and global head, office of the CISO, and Jamie Collier, lead threat intelligence advisor (Europe), on how cybersecurity has evolved an what new threats are emerging in the financial crime landscape.
28 February 2025
News/ai
Unique, a Switzerland-based startup providing AI platforms to the financial services market, has secured €28.6 in funding.
27 February 2025
US-based investment bank and global custodian BNY has agreed a deal with OpenAI, the creator of generative AI platform ChatGPT, to help with the development of the bank's proprietary AI platform Eliza.
Sardine, an AI risk platform for fraud, compliance, and credit underwriting, has raised $70 million in a Series C funding round led by Activant Capital.
11 February 2025
AdviserSoftware.com, part of FTRC, has collaborated with Robert Kirk, founder and CEO of InterGen Data, an AI-based financial lifetime events prediction service, to identify risks and recommendations for navigating DeepSeek.
07 February 2025
The European Union Artificial Intelligence Act (EU AI Act) entered into force on 1 August 2024, marking a historic moment as the world’s first comprehensive legislation regulating AI systems according to a risk-based approach.
31 January 2025
Algo trading form XTX Markets is investing €1 billion in a large-scale data centre complex in Finland to support its growing use of machine learning.
23 January 2025
Thoughtworks, a global technology consultancy, has entered into a Strategic Collaboration Agreement (SCA) with Amazon Web Services (AWS) to help enterprises implement generative AI (GenAI) solutions and tackle industry challenges in Asia Pacific.
13 December 2024
News/payments
In this preview of a Mastercard report being released in early 2025, leaders at the card processer say that generative AI is emerging as critical to boosting fraud protection rates by as much as 300%.
With standards like the EU AI Act coming to the fore, and with the drive towards digital not slowing down, the last panel of the day discussed AI’s impact on regulation and customer experience.
27 November 2024
The next afternoon panel was moderated by Debi Bell-Hosking, with speakers consisting of Dr Janet Bastiman, chief data scientist, Napier AI; Stuart McDowell, UK CIO, Societe Generale; and David Tracy, head of data products, Smart Data Foundry.
The first afternoon panel discussed three of the major discussion points when it comes to AI: data, culture, and skills.
26 November 2024
Kicking off Finextra’s inaugural NextGen AI conference at Convene Sancroft in London, was Lord Chris Holmes of the UK House of Lords in his headline keynote titled: ‘AI in 2024: At the Edge’.
Join us in London on 26 November to explore the current AI challenges, opportunities, and the future of AI in financial services.
22 November 2024
Three quarters of financial services firms in the UK are already using artificial intelligence, yet nearly half of these users have only a "partial understanding" of the AI they are deploying, according to a Bank of England and FCA survey.
15 November 2024
News/predictions
Boston Fintech Week returned this week for its seventh instalment, welcoming industry experts and executives to a two day conference at the Federal Reserve Bank of Boston to discuss the state of banking and fintech at full throttle in the US, and explore what lies ahead.
18 October 2024
There has been a "significant shift" in UK banks' attitude to AI with greater adoption and greater recognition of its benefits, according to recently published research.
02 October 2024
Artificial intelligence is set to revolutionise the wealth management industry, with nine in 10 investors believing the technology can used effectively for researching financial products and service.
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