Latest Artificial Intelligence News: Finextra Research

Lynx raises $18m for AI-powered fraud fighting tech

Lynx, a Madrid-based firm using AI to detect and prevent fraud and financial crimes, has raised $!8 million in Seres A funding.

16 November 2023

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CBA to release AI source code for countering abusive transaction messages

Commonwealth Bank of Australia is to make its artificial intelligence and machine learning techniques for countering abusive transaction messages available for free, to any bank in the world.

14 November 2023

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IBM on how banks are starting to embrace generative AI

Earlier this week, NatWest announced its collaboration with IBM to add generative AI to their chatbot Cora, making it Cora+.

10 November 2023

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Stripe vets launch AI-powered wealth management platform

Technology veterans with stints at Stripe and Square on their CVs have raised $3.1 million for a new AI-powered wealth management platform.

10 November 2023

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Visa launches AI advisory practice

Visa has launched an advisory practice to help clients unlock the potential of artificial intelligence.

09 November 2023

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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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