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Eftpos goes live with Featurespace tech for online shopping security

A powerful new Artificial Intelligence-driven counter-fraud capability designed to stop online crooks in their tracks was today switched on by Australia’s sovereign domestic debit payments scheme, eftpos, as the organisation doubles on security smarts to help level the battlefield for consumers, merchants and crime fighters.

/ai

Smart Engines rolls out credit card scannig software in Kazakhstan's super app Kaspi.kz

Smart Engines rolls out its AI-driven software in Kaspi to support automatic credit card scanning for the bank's mobile app (iOS and Android).

/ai

Allevo finalises and open sources Whizzer Project for invoice and payments reconciliation

Allevo, with the support of a grant from Iceland, Liechtenstein and Norway through the EEA and Norwegian Financial Mechanisms 2014-2021, in the frame of the Program “SMEs Growth Romania”, successfully finalized the Whizzer project, as per the 2018/115906 contract, on November 29th 2021.

/ai

MDOTM cuts AI and ESG research deal with the University of Gothenburg

MDOTM, the European leader in AI-driven investment strategies, signed a partnership with School of Business, Economics & Law at the University of Gothenburg in Sweden.

/ai

Credit Clear taps AI from Sisense to improve debt repayments

Credit Clear, the leading technology platform which optimises account receivables has announced it is leveraging Sisense, the leading AI-driven platform for infusing analytics, to harness the power of data to revolutionise its offering.

/ai

Data analytics company Uplinq buys Verde

Uplinq Financial Technologies, the transformational data analytics company serving the global small business lending community, is pleased to announce its intellectual property (IP) acquisition of Verde International’s advanced behavioural, econometric and financial models, and state of the art optimization methods. As part of the deal structure, Pat Reilly, CEO of Verde International will join Uplinq as a co-founder.

/ai

Sedric raises $3.5m

Sedric, an AI-based compliance excellence platform for next-gen fintechs, today announced that it has raised US$ 3.5 million in seed funding to increase consumer protection and transform fintech compliance.

/ai

Scienaptic AI signs Tower Federal Credit Union

Leading global AI-powered credit decision platform provider, Scienaptic AI announced that Tower Federal Credit Union has selected its AI-powered platform. The implementation will equip the credit union with enhanced underwriting capabilities to make stronger, faster credit decisions and strengthen financial options for its members.

/ai

EBA consults on machine learning for internal ratings-based models

The European Banking Authority (EBA) published today a discussion paper on machine learning used in the context of internal ratings-based (IRB) models to calculate regulatory capital for credit risk.

/ai

Wilshire and Rayliant collaborate on development of machine learning-based quant strategy indexes

Wilshire, a global investment technology and advisory company, and Rayliant, an Asia-focused fund manager dedicated to providing innovative quantitative investment solutions, today announce a collaboration to develop a new generation of quantitative strategy indexes to give institutional investors access to new passive investment opportunities.

/ai

FlowX.AI raises $8.5 million in seed round

FLOWX.AI - an enterprise platform that enables banks and financial institutions with complex IT infrastructures to build fast modern digital experiences unbounded from the limitations of their legacy systems - has raised $8.5 million in their seed round.

/ai

Enterprai unveils tools to help global macro players stay on top of financial markets

Enterprai - the AI-powered SaaS workstation for global macro professionals, pioneering predictive analytics for FX and fixed income markets - today launched a set of products offering global macro portfolio managers, traders, and analysts a new way to stay on top of financial markets.

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