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Latest Results from /ai

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Everyday Loans signs multi-year licence agreement with Jaywing

Data science consultancy Jaywing announces a strategic three-year partnership with Everyday Loans, a leading UK consumer finance provider, to implement advanced AI and machine learning solutions across their business operations.

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Fulton Bank signs up for Nice customer engagement kit

NICE (Nasdaq: NICE) today announced that Fulton Bank, a financial service holding company, is taking the next step in its digital transformation by selecting NICE’s Enlighten-powered agent assist and self-service solutions.

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Genesis Global releases new developer portal and AI-driven tools

Genesis Global introduced a new developer portal and new AI-driven tools to help financial sector developers deliver financial markets-grade applications ten times faster.

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Frankenmuth Credit Union enlists Glia for member communications

Glia, the leader in customer interaction technology, today announced a partnership with $1.4 billion-asset Frankenmuth Credit Union (FCU) to unify member interactions across digital channels, voice and AI. By leveraging Glia’s ChannelLess® architecture, the credit union will enhance the member experience, drive efficiencies for agents and managers, and create revenue opportunities.

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Broadridge debuts AI-powered algorithm insights service

To transform the landscape of algorithmic trading, global Fintech leader Broadridge Financial Solutions, Inc. (NYSE:BR), today announced the launch of an innovative AI-powered algorithm insights service for NYFIX.

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CFTC issues AI advisory

The Commodity Futures Trading Commission’s Divisions of Clearing and Risk, Data, Market Oversight, and Market Participants today issued a staff advisory on the use of artificial intelligence in CFTC-regulated markets by registered entities and registrants.

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GenAI and LLMs embraced by nearly half of financial firms to enhance data-driven risk management

A recent survey conducted by ORX, involving some of the largest banks and insurance companies worldwide, revealed almost half (45%) of financial firms are using at least one of the mainstream genAI assistants to enhance their data-driven risk management strategies. The same number of firms are planning to implement operational risk applications focused on Large Language Models (LLMs) within the next 18 months.

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90% of financial firms lack upskilling and regulatory preparedness for generative AI adoption

UK financial services firms are facing significant challenges in integrating Artificial Intelligence and Generative AI technologies, according to the EY European Financial Services AI Survey.

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CBA appoints Luke Yeaman as new chief economist and head of global economic and markets research

The Commonwealth Bank is pleased to announce that it has appointed Luke Yeaman as its new Chief Economist and Head of Global Economic and Markets Research.

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Nasdaq compliance study shows focus on AI, cloud and data quality

Nasdaq, Inc. (Nasdaq: NDAQ) today released the results of its ninth Annual Global Compliance Survey, revealing the latest trends and challenges in compliance and surveillance within the financial services industry.

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Mbanq releases standalone AI platform for loan origination

Mbanq, a global leader in banking technology, launches Mbanq Comet, an AI-powered digital loan origination platform that makes full use of artificial intelligence to modernize and enhance the lending process.

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Shastic teams with MeridianLink to provide AI workflow automation for banks and credit unions

Shastic, the leading provider of AI-Automated Knowledge Workers for financial institutions, has announced that its platform will be integrated with MeridianLink, Inc. (NYSE: MLNK), a leading provider of modern software platforms for financial institutions and consumer reporting agencies.