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Intellect opens AI innovation centre in India

Intellect Design Arena Ltd, a cloud-native, future-ready, multi-product Financial Technology company for the world’s leading banking and insurance clients, proudly announces the inauguration of its cutting-edge Artificial Intelligence (AI) led innovation centre in GIFT CITY, an epic centre of Global Finance and IT.

/ai

Mastercard pilots Small Business AI

Mastercard is in development on a new initiative to support small business owners globally with personalized guidance to help them grow and thrive.

/ai

UK innovation sector on upwards trajectory as venture capital investment turns a corner

2024 could be the year of recovery after UK venture capital turned a corner in H2 2023 according to new analysis from HSBC Innovation Banking and Dealroom.

/ai

Tarabut partners with decentralised savings platform Hakbah

Hakbah - the KSA-based fintech savings platform - announces a new partnership with Tarabut - MENA’s leading open banking platform, and an investor in the region’s digital transformation.

/ai

FactSet launches AI chatbot to drive efficient workflows for junior bankers

FactSet, a global financial digital platform and enterprise solutions provider, today announced the beta release of its latest AI advancement, FactSet Mercury, an innovative large language model-based knowledge agent to power modern digital workflows and enhance fact-based decision making.

/ai

UK consumers divided on use of generative AI in banking - FIS

FIS (NYSE: FIS), a global leader in financial services technology, has conducted new consumer research into the extent to which people understand and trust generative artificial intelligence (GenAI), as well as their attitudes towards the emerging technology’s role in personal finance and banking.

/ai

Allianz develops machine-learning ‘Incognito’ tool to identify fraud claims

With the exponential rise in sophisticated technologies, Allianz aims to stay one step ahead in combatting fraudulent insurance claims with AI technology.

/ai

AI-powered investment assistant Helix by HL snags $6 million Seed round

Helix by HL, the innovative generative AI assistant revolutionizing private market investing, announced today the successful completion of its Seed+ funding round with a raise of $6 million at a post-money valuation of $26 million.

/ai

Airwallex improves customer onboarding with generative AI

Airwallex today shared data on the impact of a new generative AI tool that enhances the speed and efficacy of its “Know your Customer” (KYC) and onboarding processes.

/ai

71M joins forces with Aveni

Aveni.ai, the AI fintech business, has been selected by the client-centric, technology-driven wealth and investment management business 7IM as a strategic AI partner.

/ai

CommBank reports growing app uptake

Commonwealth Bank has today provided an update on its strategy to reimagine the banking experience for its retail and business customers as they increasingly adopt and use its leading digital banking services.

/ai

XTB hires head of artificial intelligence

XTB, a global fintech offering online investing platform and mobile app, announced today the appointment of Tomasz Gawron to lead the company's Artificial Intelligence (AI) department.

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