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Latest Results from /ai

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Northern Trust lays foundation for a multi-year investment to digitize alternative asset servicing

Northern Trust has launched a machine learning-powered document capture capability as the foundation of a multi-year investment to digitize alternative asset servicing and enhance the experience for asset owner clients that invest in complex private market and unlisted assets.

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Symphony integrates Saphyre AI tech

Symphony- the leading financial markets’ infrastructure and technology platform, has established a strategic partnership with fintech firm Saphyre, Inc. to integrate patented AI technology into pre and post-trade workflows for front, middle and back office teams. The integrated solutions are available through Symphony's platform.

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Taskize and Ezops join forces on counterparty resolution

Taskize the leading provider of inter-company workflow to the financial services industry, has entered into a partnership with EZOPS, the leading provider of AI-enabled data control, workflow automation, and regulatory reporting solutions, to deliver cross industry issue resolution services to their mutual clients without the risk of sharing critical & confidential data.

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UK shoppers struggle to be understood by chatbots

Lucidworks, provider of the Connected Experience Cloud, shared results from a survey of 800 respondents about shopper behaviour and preferences in the U.K. and U.S.

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Isbank installs H2O.ai for income and default prediction, and cash forecasting

H2O.ai, a leading AI technology software company, has announced that İşbank, officially Türkiye İş Bankası, the largest private bank in Turkey, has selected H2O’s Driverless AI platform to upgrade its Income Prediction, Cash Forecasting and Check Default Prediction applications, to improve the accuracy of the bank’s business planning with on-going AI projects.

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Retailer finance startup Myos raises $30 million

Myos, a fintech company that provides working capital solutions for online retailers, raises $30M in Series A funding led by Fasanara Capital and Xploration Capital, both funds with deep expertise in digital lending.

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TrueLayer releases Verification API for speedy onboarding

TrueLayer, Europe’s leading open banking platform, today announced the launch of a new approach to account ownership checks with its Verification API.

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Scienaptic partners 700Credit to combine AI and credit data for automotive industry

Scienaptic, the world’s leading AI-powered credit decision platform provider, announced its partnership with 700Credit, the global leader in credit data for the automotive industry.

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Deutsche Bank releases paper on post-trade AI

The wishes of investors keen to avoid settlement failure penalties and cookie-cutter services from their custodian banks are set to be granted by artificial intelligence (AI) solutions, according to Deutsche Bank’s new whitepaper, “Unleashing the potential of AI in securities services”.

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VTB releases AI-based platform for protecting customer data

VTB has implemented a depersonalization platform based on Machine Learning (ML) algorithms.

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Expend smashes crowdfunding target

Expend, the AI-powered fintech startup changing the way businesses manage expenses and spending, has announced a great start to its crowdfunding campaign on Seedrs.

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FIS collaborates with C3 on AI-driven AML Compliance Hub

Financial technology leader FIS (NYSE: FIS) today announced the first in a new series of solutions developed in partnership with C3 AI (NYSE: AI) to help capital markets firms tap into the power of their organizational data to increase efficiency and better manage regulatory compliance and risk.