Latest Artificial Intelligence News: Finextra Research

Infosys announces $1.5 billion deal to level up on AI

Indian IT services provider Infosys announced that it has signed a $1.5 billion contract with an unnamed ‘global company’ for a 15 year period.

15 September 2023

/ai

UK banks ditch the Metaverse

The number of UK banks investing in technologies such as virtual reality and augmented reality is falling as the Metaverse hype fades away.

13 September 2023

/ai

Ant Group launches AI model for financial apps

Ant Group announced that it has begun consumer and professional app testing for a finance-specific artificial intelligence (AI) model at the Inclusion Conference on the Bund in Shanghai this week.

08 September 2023

/ai

Temenos rolls out first generative AI tool

Swiss core banking provider Temenos has developed a generative AI tool for automatically classifying customer banking transactions, helping clients to provide personalised inisghts and recommendations.

06 September 2023

/ai

Financial crime detection outfit ThetaRay raises $57m

ThetaRay, the Isralei fintech that enables banks to monitor payment traffic to sniff out money laundering risks, has completed a $57 million fundraising round.

05 September 2023

/ai

Google DeepMind co-founder argues US should set AI global standards - FT

Mustafa Suleyman, Google DeepMind's co-founder and chief executive of Inflection AI, told the Financial Times that the US should use their chip leadership to enforce minimum global standards for the use of AI.

01 September 2023

/ai

Half of Klarna employees using ChatGPT Enterprise

Klarna has become an early adopter of the enterprise version of Open AI's ChatGPT, with half of the BNPL giant's workforce now using the technology.

30 August 2023

/ai

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

/ai

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

/ai

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

/ai

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

/ai

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

Latest news