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Boost.ai scores credit union contract wins

Leading conversational AI provider boost.ai today announced Credit Union of Colorado and Desert Financial Credit Union (DFCU) as new customers alongside a new strategic partnership with Pindrop, industry leaders in voice security solutions.

/ai

Commonwealth studies potential of AI in finance for Americans earning low to moderate incomes

Commonwealth released key insights gleaned from a three-year project supported by JPMorgan Chase designed to achieve the promise of artificial intelligence for all by focusing on ensuring that the needs of households earning low to moderate incomes (LMI) are understood and integrated into financial design and implementations.

/ai

Tifin adds Ken Denman to board

Tifin, an early mover and leading innovator in AI-powered fintech, is thrilled to announce the appointment of Ken Denman to its Board of Directors.

/ai

Rapid Finance introduces cloud-based rules engine for SMB lending

Rapid Finance, a leading small business banking platform specializing in providing customized financing solutions, announced today the availability of its cloud-based rules engine as part of its recently enhanced, award-winning AI fraud detection platform, Lynx.

/ai

AI helps Klarna cut marketing agency spend by 25% and run more campaigns

Klarna, the AI powered global payments network and shopping assistant, has cut its sales and marketing spend by 11% in Q1 2024 while increasing the number of campaigns and updating marketing collateral more frequently.

/ai

Aveni partners with intelliflo as a strategic AI partner

aveni.ai, an award-winning AI Fintech company, and intelliflo, a global leader in financial advice technology, have partnered to integrate generative AI, aiming to revolutionise the financial advice workflow and compliance with an end-to-end solution.

/ai

Fenergo embeds CLM kit with AI

Fenergo – the leading provider of digital solutions for know your customer (KYC), client lifecycle management (CLM) and transaction monitoring – has today launched AI Powered CLM, a new set of AI capabilities which further boost operational efficiencies, accelerate onboarding and improve end-user experiences while reducing costs associated with KYC and AML compliance.

/ai

Moneyhub and Teradata launch Financial AI

Moneyhub, the market-leading data and payments platform today announces its partnership with Teradata, the global analytics and trusted data platform, to launch financial AI with the aim of opening up more opportunities for consumer-facing organisations across the UK and EMEA.

/ai

Sinequa delivers GenAI assistants for asset managers

AI-powered search provider Sinequa announced today the availability of Sinequa Assistants, new enterprise-grade generative AI assistants that seamlessly integrate with all enterprise content and applications to augment and transform knowledge work.

/ai

CBA to fast-track AI capabilities for business customers

New research from Commonwealth Bank of Australia (CBA), conducted in partnership with YouGov, reveals 59 per cent of SMEs have invested or plan to invest in AI in the next five years (25 per cent and 34 per cent respectively), with younger business leaders owners more likely to report investment or intent to invest (Gen Z and millennials: 75 per cent compared to Gen X: 55 per cent and baby boomers or older: 45 per cent).

/ai

Novel closes $15m round

Novel announces a $15M oversubscribed Pre-Series A round, co-led by IGNIA Partners and Ulu Ventures, to propel the fintech’s expansion of their groundbreaking Capital Intelligence™ platform.

/ai

Klarna posts Q1 results

Today, the AI-powered global payments network and shopping assistant, Klarna announces profitable start and continued growth outpacing ecommerce, reporting its Q1 2024 financial results.

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