Latest Artificial Intelligence News: Finextra Research

NatWest gives chatbot Cora a human feel with generative AI

NatWest is adding generative AI capabilities to its chatbot Cora, giving the intelligent digital assistant a more human-like conversational interface with customers.

06 November 2023

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Musk and Sunak talk AI regulation at the UK’s AI Safety Summit

Towards the end of the UK’s AI Safety Summit taking place this week, Prime Minister Rishi Sunak and tech tycoon Elon Musk sat down for a conversation on artificial intelligence (AI).

03 November 2023

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Lunar’s stratospheric plans for the Eurozone in 2024

Looking forward to 2024, Finextra spoke to CEO of Nordic challenger bank Lunar, Ken Villum Klausen to examine plans for the digital challenger banks continuing success.

27 October 2023

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Document management startup Arteria AI arises $30m

Arteria AI, a document and contract management spin out from Deloitte, has raised $30 million in an oversubscribed Series B funding round led by GGV Capital US.

26 October 2023

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How collaboration between competitors spelled success for AWS and Temenos

At the Temenos Community Forum in Vienna earlier this year, Finextra interviewed Stewart Davies, Global SaaS commercial director at Temenos, and Mandeep Sidhu, global account manager GFS at AWS to discuss the event’s theme: ‘Engage and Grow in a Cloud World’.

25 October 2023

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OCBC rolls out ChatGPT-based bot to all employees

Singapore's OCBC is to roll out a generative artificial intelligence chatbot to all of its 30,000 employees to assist them with writing, research and ideas for new innovations.

24 October 2023

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ChatGPT interprets 'Fed speak' to predict direction of interest rates

A new study by researchers at Sheffield Hallam University demonstrates the ability of large language models like ChatGPT to predict future interest rate decisions by central banks.

23 October 2023

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CBA using Gen AI to create 'synthetic customers' for testing of new products

Commonwealth Bank of Australia (CBA) is studying the use of generative AI to create 'synthetic customers' capable of emulating human behaviour, to test the response to new products and services.

23 October 2023

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Fintech chiefs raise AI regulatory fears in Parliament

Leaders from the fintech and artificial intelligence (AI) industry gathered in Parliament last night for a special debate on the ethical and regulatory challenges posed by the technology to the UK.

17 October 2023

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SEC head warns AI could cause financial crisis

It is "nearly unavoidable" that AI will trigger a financial crisis within the decade unless regulators step in, says Securities and Exchange Commission head Gary Gensler.

16 October 2023

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Carefull raises $16.5m for financial safety platform for older Americans

Carefull, an AI-powered financial safety platform that helps banks and wealth advisors protect aging customers from scams and money mistakes, has closed a $16.5 million Series A round.

12 October 2023

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EVO Banco taps AI and Google Maps to show customers transaction locations

Spanish digital bank EVO Banco has launched a geolocation service for card purchases that uses AI and Google Maps to show customers the exact time and place where their transactions took place.

12 October 2023

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