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Axyon AI and DMALINK to develop ML trading algorithms

Axyon AI partners with DMALINK® to develop the first machine learning-based predictive algorithms for forex trading

/ai

Wells Fargo launches AI-powered accounts receivables service

Wells Fargo & Company (NYSE: WFC) today announced the availability of Integrated Receivables, a new Accounts Receivable (AR) service that uses artificial intelligence, machine learning, and robotic processing to help simplify payment and remittance data capture, re-association, and invoice matching.

/ai

Trade Ledger accelerates loan approval speeds

Global digital lending platform innovator, Trade Ledger, has joined forces with ScotPac, Australia and New Zealand’s largest non-bank SME lender, to create a market-leading origination and underwriting experience for business funding. The partnership demonstrates the game-changing scope of the Trade Ledger platform for business lenders and their customers, dramatically reducing application turnaround times.

/ai

Morgan Stanley leads $1.6 billion round in Databricks

Databricks, the Data and AI company, today announced a $1.6 Billion round of funding to accelerate innovation and adoption of the data lakehouse, as the data architecture’s popularity across data-driven organizations continues to grow at a rapid pace.

/ai

Adyen debuts machine learning fraud detection tool

Adyen (AMS: ADYEN), the global payments platform of choice for many of the world's leading companies, today launched Score.

/ai

Twenty7Tec invests in Meet Parker

Leading mortgage technology provider Twenty7Tec is pleased to announce that it has completed an investment in AI technology firm Meet Parker.

/ai

Cooperative Teachers Credit Union chooses Scienaptic AI credit decisioning platform

Leading global AI-powered credit decision platform provider, Scienaptic AI announced that Cooperative Teachers Credit Union (CTCU) has selected its AI-powered platform, enabling the credit union to make stronger, faster credit decisions and offer enhanced financial options for its members.

/ai

Clearpay launches analytics platform for merchants

Today Clearpay, a leader in “Buy Now, Pay Later” payments (known as Afterpay (ASX: APT) outside the U.K. and Europe), introduced its new merchant analytics platform, Clearpay iQ. With this powerful new tool, brands gain access to valuable customer-centric analytics to help optimise investment and drive growth.

/ai

Mastercard Start Path welcomes latest batch

Today the award-winning global startup engagement program Mastercard Start Path welcomes 11 fintech companies to receive dedicated support, access to customers and product teams, and opportunities to co-innovate.

/ai

Financial concierge Zeni closes $34m Series B

AI-powered finance concierge Zeni today announced it has raised a $34 million Series B funding round led by Elevation Capital with participation from new investors Think Investments and Neeraj Arora.

/ai

Kaizen Compliance and Nexus FrontierTech combine on AI-based risk assessment tool

Financial Crime Risk and Compliance consultancy Kaizen Compliance Solutions and AI solutions firm Nexus FrontierTech today announced a partnership to develop an AI-powered tool aimed at automating the traditionally labour-intensive and time-consuming process of Client/Customer Risk Assessment.

/ai

VTB supports 150,000 customers using voice assistant

Since launching in February, the VTB voice assistant has consulted more than 150,000 users of the VTB Online application, answering some 200,000 questions.

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