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Latest Results from /ai

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Twinco Capital raises $12m for supply chain finance platform

Twinco Capital, a global supply chain finance outfit that covers the production cycle from purchase order to final invoice payment, has raised $12 million in an equity and debt round.

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Westpac brings AI to biz lending decisions

Australian lender Westpac has enlisted local AI firm Rich Data Co (RDC) to make its business lending decisions faster and simpler.

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PopID and Toshiba team on face payments

Toshiba Global Commerce Solutions is integrating facial verification technology from PopID into its POS and self-service products.

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Twenty7tec buys Meet Parker

British mortgage technology firm Twenty7Tec has acquired AI-based digital engagement specialist Meet Parker for an undisclosed sum.

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DNB automates chat traffic with AI-powered virtual agent

Nordic bank DNB has automated more than half of its chat traffic by using Boost.ai's conversational AI platform.

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Opensee raises EUR11m for real-time data analytics platform

Opensee, the Paris-based platform that helps business users at financial institutions analyse granular data in real time, has raised EUR11 million in a Series A funding round led by Omnes Capital.

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Santander advertises for 750 tech jobs

Banco Santander has opened technology hubs in Malaga and Warsaw to house 1400 tech professionals as the Spanish giant seeks to turbo charge its digital transformation programme.

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Combatting fraudsters is a ‘cat-and-mouse’ game - ING

In conversation with Finextra, Beate Zwijnenberg, chief information security officer at ING, canvassed new trends in cybercrime and how the banking giant is working against phishing and scams for its customers.

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Deutsche Bank partners NVIDIA for AI push

Deutsche Bank has inked a multi-year agreement with NVIDIA to accelerate the use of AI in financial services.

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BNY Mellon invests in fixed income tech firm bondIT

BNY Mellon has led a $14 million investment round for credit analytics and fixed income technology player bondIT.

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Wells Fargo launches persona and AI-driven digital banking platform, Vantage

Wells Fargo has unveiled a new digital banking platform, Vantage, to more effectively service its commercial, corporate, and investment banking clients.

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UBS invests in communications compliance platform Shield

UBS has joined a $20 million Series B capital raise for Shield, a workplace intelligence platform for compliance teams at financial services firms.