Latest Artificial Intelligence News: Finextra Research

Lucinity unveils generative AI-powered financial crime compliance copilot

Lucinity has launched a generative AI-powered 'copilot' designed to boost the productivity of financial crime compliance teams.

07 June 2023

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Digital bank One Zero to debut generative AI chatbot

Israeli digital bank One Zero is to introduce a generative AI chatbot capable of providing immediate replies to free-flowing customer queries.

06 June 2023

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Italy's Sella launches AI incubation programme

Italian banking group Sella has launched an international incubation programme dedicated to startups focused on AI in finance.

06 June 2023

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OpenAI receives warning from Japanese privacy watchdog

The Japanese privacy watchdog, Personal Information Protection Commission, has sent a warning to OpenAI over the collection of sensitive data without individual’s permission.

02 June 2023

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EBAday 2023: EU and UK as global leaders in AI regulation

Earlier this week, the European Union and the United States announced they expect to draft a voluntary code of conduct on artificial intelligence in the coming weeks, with the hope that other democratic nations would sign on to the code.

02 June 2023

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Kasisto launches KAI-GPT banking-specific LLM

Conversational AI chatbot developer Kasisto has launched KAI-GPT, the world’s first banking-specific large language model (LLM).

01 June 2023

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BIS explores use of data, tech and collaboration to combat money laundering

Using payments data, privacy-enhancing technologies, AI and enhanced cooperation for a behavioural-based analysis approach to detecting money laundering networks is more effective than the current rules-based approach, concludes new research from the BIS Innovation Hub.

31 May 2023

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MAS and Google Cloud collaborate on generative AI

The Monetary Authority of Singapore is to work with Google Cloud to explore potential use cases for generative AI.

31 May 2023

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Financial wellness fintech Elifinty launches

UK startup Elifinty has launched its open banking-based "socially conscious" debt management platform for consumers and creditors.

30 May 2023

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BNY Mellon to create AI R&D hub in Ireland

BNY Mellon is to invest €8 million in the creation of a digital R&D hub in Dublin that will drive innovation in AI and data analytics for the US bank's global client base.

30 May 2023

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Sam Altman's Worldcoin project raises $115m

Sam Altman's Tools for Humanity has raised $115 million for Worldcoin, its effort to build an identity and financial network by giving away free crypto tokens to people who agree to get their irises scanned.

26 May 2023

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AI regulation draws attention of G7 officials

G7 national officials will meet in Japan on the 30th May to discuss challenges posed by generative AI tools like ChatGPT.

26 May 2023

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