Latest Results from /ai
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Canapi Ventures, a VC firm focussed on fintech startups, has raised $750 million for its second fund.
08 December 2023
The Bank of England is launching a review of artificial intelligence and machine learning amid concerns that its use could pose financial stability risks.
06 December 2023
Finastra’s annual global State of the Nation Survey revealed that the financial services sector is investing in new innovations in artificial intelligence (AI), embedded finance, and Banking-as-a-Service (BaaS).
01 December 2023
UK-based smart money app Plum has secured a €10 million minority equity investment from Greece's Eurobank as part of a strategic partnership in the region.
Mastercard has unveiled a generative AI retail assistant tool that offers shoppers tailored product recommendations.
Westpac and nCino have led a $28 million funding round in Rich Data Co, an Australian AI decisioning platform for bank business lending.
The fintech market is returning to some sense of normality in terms of valuations after a period in which it "largely lost its head", according to a leading investor.
29 November 2023
Commerzbank is working with Microsoft to use generative AI and avatar technology for a new virtual assistant in its mobile app.
28 November 2023
The UK's Financial Conduct Authority is calling for industry evidence on whether the data asymmetry between Big Tech and financial services firms could lead to the likes of Amazon and Google gaining entrenched market power in the FS sector.
27 November 2023
Digital Europe, a digital technology trade association, has warned the EU against overregulating in its upcoming AI bill in a letter this week.
24 November 2023
Nearly three quarters of UK financial services firms are now piloting the use of generative AI for things like ‘co-pilot’ employee efficiency tools, according to a UK Finance survey.
An AI-backed finance comparison site, called FundOnion, has launched to help small businesses in the UK find funding.
23 November 2023
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