Latest Artificial Intelligence News: Finextra Research

SocGen makes play to be a data-driven bank

Societe Generale is putting its faith in data and AI to help it transition to, and prosper in, the digital age.

24 November 2021

Justt raises $70m to take on chargeback system

Justt, a startup using machine learning to help online merchants prevent false chargebacks, has come out of stealth with $70 million in funding.

16 November 2021

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CommBank's x15ventures launches AI-based shopping platform for Gen Z

Commonwealth Bank of Australia’s (CBA) venture-scaling entity, x15ventures, has launched its newest venture, Cheddar, a brand and deal discovery app that rewards Gen Z and millennial Australians for shopping with popular brands

16 November 2021

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Mexican credit card startup Stori closes $125m Series C

Stori, a Mexican fintech bringing credit cards to the country's middles class, has raised $125 million in a Series C funding round, adding another $75 million in debt financing.

12 November 2021

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Singapore Fintech Festival 2021: Web 3.0 on the horizon

A key focus for Singapore Fintech Festival 2021 was Web 3.0. Loosely defined, Web 3.0 is the next stage in the evolution of the Internet that would ensure that information can be processed with human-like intelligence with technologies such as big data and machine learning.

10 November 2021

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Singapore Fintech Festival 2021: Scaling sustainable finance for a green recovery

Finextra joined Singapore Fintech Festival session, ‘Scaling Sustainable Finance for a Green Recovery’ today, to hear experts from Ecosystm, FIL Asia, HSBC, SDG Impact Japan and WWF Singapore discuss the financial products and technological tools needed to deliver social and environmental benefits, alongside attractive returns.

10 November 2021

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FCA selects Aiimi’s Insight Engine for three year contract

Following an extensive evaluation and Alpha testing phase, the FCA has selected UK data firm Aiimi’s Insight Engine to improve the regulator’s data analytics.

10 November 2021

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OTP Group taps SambaNova for AI supercomputer

Hungary's OTP Group has teamed up with SambaNova Systems to build what they claim will be "fastest AI supercomputer in Europe".

10 November 2021

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Digital ID firm Socure hits $4.5bn valuation

Machine learning-based digital identity verification firm Socure has closed an oversubscribed $450 million funding round at a $4.5 billion valuation.

09 November 2021

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CommBank leads $100 million Series E in H20.ai

Cloud-based artificial intelligence platform H20.ai has closed $100 million in Series E growth funding led by Commonwealth Bank of Australia.

08 November 2021

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Deloitte: 64% of young collectors are interested in NFTs

Deloitte has just released the 7th edition of its Art & Finance report, which reveals that the majority of young collectors (those under 35) believe blockchain technology, big data, analytics, and artificial intelligence will transform the way business is conducted in the art world.

05 November 2021

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Wealthtech player Tifin raises $47m

Tifin, an umbrella group operating a host of AI-powered fintech businesses in the asset and wealth management industry, has hit a $447 million valuation off the back of a $47 million Series C funding round joined by Hamilton Lane and existing investors JP Morgan Asset Management, Morningstar and Broadridge.

29 October 2021

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