Latest Machine learning News: Finextra Research

EBAday 2021: Payments transformation and the road to success

Finextra Research and the Euro Banking Association today welcomed the global banking community to EBAday 2021. Running from 28-30 June, the virtual conference is being led by some of the most influential leaders and practitioners in the financial services sector, and dives into the current and future trends of the European and international payments landscape – as well as the latest developments across digital banking, liquidity management, open banking, real-time payments, and more.

28 June 2021

News/startups

Mastercard invests in card tech startup Deserve

Deserve, a provider of bespoke white label mobile-centric API and SDK-based credit card technology, has raised $50 million in a Series D funding round joint-led by Mastercard.

24 June 2021

News/retail

Scotiabank brings machine learning to chatbot

Scotiabank is bringing machine learning to its search function, prepping a chatbot that will be able to instantly answer complicated customer questions.

21 June 2021

News/sustainable

DBS, SGX, Standard Chartered and Temasek team on carbon exchange

DBS, Singapore Exchange, Standard Chartered and Temasek are creating a global exchange and marketplace for carbon credits.

21 May 2021

News/startups

Israeli fintech Pagaya plans to enter Wall Street at $8 billion

Having registered revenues reflecting $300 million annually for the first three months of 2021, Israel-based startup Pagaya is allegedly planning to enter Wall Street at $8 billion, as well as execute a traditional IPO.

23 April 2021

News/identity

Digital ID firm Socure raises $100m

Machine learning-based digital identity verification firm Socure has joined the unicorn club off the back of a $100 million Series D funding round led by Accel and joined by the investment arms of Citi and Wells Fargo.

17 March 2021

News/cloud

HSBC taps Google Cloud for call centre AI

HSBC has enlisted Google Cloud to build a global call centre AI chatbot that helps employees cut down on the time they spend on manually intensive queries.

12 March 2021

News/inclusion

Stori raises $32.5m to bring credit cards to Mexico's middle class

Mexican fintech Stori has raised $32.5 million in a Series B funding round to bring credit cards to the country's middles class.

01 March 2021

News/cloud

BBVA taps Google Cloud Chronicle to build AI security platform

BBVA has today announced that it will be the first bank in Europe to deploy Google Cloud’s security analytics platform Chronicle and will use AI and machine learning to predict and prevent cyberattacks.

23 February 2021

News/crypto

Crypto exchange Kraken launches venture fund

Cryptocurrency exchange Kraken has launched a venture fund to invest in early-stage crpto and fintech startups.

11 February 2021

News/startups

Singapore fintech TranSwap to build Edinburgh R&D centre

Singapore-based cross-border payments platform TranSwap is making a move into the UK market with plans to open an Edinburgh research and development centre employing more than 50 people.

05 February 2021

News/payments

Davos 2021: Private and public cooperation is driving digital across MENA

Finextra is at Davos this year, covering global insights into the impact fintech has on wider issues such as responding to Covid-19, restoring economic growth and advancing a new social contract.

26 January 2021

News/retail

Scotiabank taps machine learning to help clients during pandemic

Scotiabank says that its investment in machine learning is paying off during the Covid-19 pandemic, enabling it to help clients navigate uncertain and challenging times.

11 January 2021

News/cloud

Future-proofing payments technology with cloud migration

Consumer expectations, behaviour and payment preferences are and will continue to evolve at an accelerated rate.

07 January 2021

News/startups

An AI proposition is now 'table stakes' for fintech startups

An offering that harnesses AI is now the minimum expectation of a fintech startup, according to Ben Davey, chief executive officer of Barclays Ventures.

11 December 2020

News/startups

CCAF, World Bank, World Economic Forum study into Covid-19 impact on fintech: A sneak peek

In anticipation of the official launch, the Cambridge Centre for Alternative Finance (CCAF) invited industry participants to join an examination into the results of the Global Covid-19 Fintech Market Rapid Assessment Study, compiled in partnership with the World Bank and World Economic Forum.

01 December 2020

News/security

Swift Community Update: Combatting the cyber threat

Whether you work at a bank or at the treasury desk of a large corporate, most of us are working remotely and becoming increasingly dependent on digital processes. This dependence can increase vulnerabilities to cyber attacks.

20 November 2020

News/retail

BMO launches AI-powered cashtrack tool

Bank of Montreal has added an AI-driven feature to its PFM platform that helps customers identify potential cash shortfalls.

06 November 2020

News/cloud

Personalisation and customisation with data in the banking and payments industry

As customers increasingly experience more consistent, personalised treatment from companies across a wide variety of industries, it is natural for them to expect—and require—the same of financial services providers.

30 October 2020

News/wholesale

Multi-user access for Tide customers on the horizon

The chief technology officer of Tide has addressed concern by its customers that the platform does not offer multi-user access to its accounts.

29 October 2020