Latest Artificial Intelligence News: Finextra Research

MSCI expands Google partnership to explore AI services

Benchmark provider MSCI has extended its partnership with Google Cloud in order to accelerate its development of generative AI services for the investment industry.

30 August 2023

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FNA awarded University of Cambridge grant to develop market monitoring tool

Network analytics and simulation firm FNA has been awarded $100,000 as part of the University of Cambridge’s SupTech Launchpad competition, to develop a working prototype of a tool for financial market monitoring via social media and web extraction.

30 August 2023

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UK to host global AI summit at historic Bletchley Park

Prime Minister Rishi Sunak has announced that the global summit on the safety of artificial intelligence (AI) will be hosted at the historic Bletchley Park in Milton Keynes, where Alan Turing and a group of codebreakers cracked the Enigma code during World War II.

25 August 2023

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Mastercard launches AI centre in UAE to bolster Middle East growth

Mastercard has partnered with the UAE government to advance AI capabilities and development in the Middle East. Along with the partnership Mastercard has established a global Centre for Advanced AI and Cyber Technology in Dubai to accelerate generative AI research.

25 August 2023

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Colendi gets green light for Turkish digital bank

Anglo-Turkish fintech Colendi has secured regulatory approval to launch Turkey’s first digital deposit bank.

22 August 2023

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Canadian fintech investment plummets

Investment in Canadian fintech companies dropped three-fold in the first half of 2023 as valuations continued to slide to levels not seen since the beginning of the Covid-19 pandemic, driven primarily by macroeconomic concerns, according to KPMG.

18 August 2023

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Brazil's Matera buy Cinnecta to bring AI to instant payments

Brazil's Matera is bringing AI to instant payments after acquiring local outfit Cinnecta. Financial terms of the deal were not disclosed.

16 August 2023

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Marqeta brings generative AI to embedded finance

Card issuing platform Marqeta has tapped OpenAI's Language Learning Model to speed up the process of launching embedded finance applications.

15 August 2023

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India to add AI-powered conversational payments to UPI

The Reserve Bank of India has set out plans for a host of new fintech developments, including AI-powered "conversational" payments on the country's UPI system and a public digital platform for the provision of frictionless credit.

11 August 2023