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Grasshopper taps Greenlite for AI-powered due diligence

Grasshopper, the client-first digital bank built for the business and innovation economy, and Greenlite, the leading generative AI platform for compliance teams, today announced their partnership to leverage Greenlite’s AI-enhanced due diligence suite to bolster Grasshopper’s risk decisioning proficiency for small and medium-sized business (SMB) and startup clients.

/ai

Australia’s Craggle releases AI tool for refinancing home loans

Craggle, a fintech company aimed at helping Australians negotiate a better rate for their home loan, has launched an AI-powered tool aimed at removing all the friction of refinancing and enacting all the basic tasks of a mortgage broker.

/ai

Grasshopper picks Greenlite AI-enhanced due diligence suite

Grasshopper, the client-first digital bank built for the business and innovation economy, and Greenlite, the leading generative AI platform for compliance teams, today announced their partnership to leverage Greenlite’s AI-enhanced due diligence suite to bolster Grasshopper’s risk decisioning proficiency for small and medium-sized business (SMB) and startup clients.

/ai

BMO enlists Dynatrace to scale digital capabilities

Dynatrace (NYSE: DT), the leader in unified observability and security, today announced that BMO, North America’s eighth largest bank by assets, is using the Dynatrace® platform to scale its digital capabilities and deliver best-in-class experiences to customers worldwide.

/ai

Apiax releases GenAI policy assistant for compliance queries

Apiax has launched a new compliance solution today, aiming to enhance operational efficiency and the accuracy of policy searches.

/ai

CFTC seeks comment on AI use in derivatives markets

The Commodity Futures Trading Commission’s Divisions of Market Oversight, Clearing and Risk, Market Participants, and Data and the Office of Technology Innovation today issued a request for comment (RFC) to better inform them on the current and potential uses and risks of artificial intelligence (AI) in the derivatives markets the CFTC regulates.

/ai

Humans will not be replaced by robots in the near future - HSBC

The power of human interaction will continue to play a critical role in business over the coming decade, even as technology such as AI, robotics and quantum computing dramatically reshapes entire sectors and business models, according to a new HSBC report – Digital Horizons: How emerging tech will shape tomorrow’s business.

/ai

Globant opens Business Innovation Hub in Berlin

Globant, a digitally native company focused on reinventing businesses through innovative technology solutions, announced its newest commitment to its growing businesses in Germany and the broader DACH Region, opening an Innovation Hub Office in Berlin. This space has been designed to expand Globant's presence in the country while fostering the inclusion of local talent and showcasing its capabilities.

/ai

IeDigital acquires AI fintech software house Abaka

ieDigital has today announced the acquisition of ABAKA, the AI - recommendation engine platform which uses machine learning and behavioural segmentation software to predict which products – such as banking products, savings accounts or retirement solutions – are the most likely to be bought by financial services consumers.

/ai

Global ransomware threat expected to rise with AI, NCSC warns

Artificial intelligence (AI) is expected to increase the global ransomware threat over the next two years cyber chiefs have warned in a new report published today (Wednesday).

/ai

Axyon AI secures €3.9 million investment

Axyon AI, a pioneering Italian C company, has closed its latest funding round led by the US-based venture capital firm Montage Ventures and accompanied by Techshop SGR, alongside other angel investors.

/ai

Model Office ships Generative AI compliance chat bot

RegTech platform Model Office has launched a new version of its AI chatbot incorporating generative AI features and development to support advice and wealth management firms’ governance, risk, and compliance (GRC) challenges.

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