Latest Artificial Intelligence News: Finextra Research

Kasheesh unveils platform to split online payments across multiple cards

US startup Kasheesh has launched a free digital platform that lets users split payments for online purchases across multiple credit, debit and gift cards.

23 June 2022

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Cleo raises $80m for money management bot

British AI-based personal finance chatbot Cleo has hit a $500 million valuation thanks to a an $80 million funding round, according to Sky News.

21 June 2022

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CaixaBank and Microsoft explore the metaverse

Spain's CaixaBank is teaming up with Microsoft on an AI innovation laboratory that will, among other things, focus on building a work environment in the metaverse.

13 June 2022

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Open banking fintech Bud raises $80m

Open banking fintech Bud has raised $80 million in a Series B funding round led by an indirect affiliate of investment funds managed by TDR Capital.

07 June 2022

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Wealthtech Tifin raises $109m

Tifin, an umbrella group operating a host of AI-powered fintech businesses in the asset and wealth management industry, has hit a $842 million valuation of the back of a $109 million Series D funding round.

13 May 2022

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Retail banks must embrace data-centric capabilities to see off fintech challenge - report

As fintech upstarts snap at their heels, retail bank executives are concerned that they are lagging in their ability to offer true omnichannel and personalised experiences, according to a report from Capgemini and Efma.

21 April 2022

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Citi and State Street invest in FundGuard

Citi and State Street have joined a $40 million Series B funding round for AI-powered SaaS investment management and asset servicing enterprise platform FundGuard.

21 April 2022

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Google fund invests in Dutch fintech Payaut

Google's AI-focus venture fund has led an €8 million seed round for Payaut, an automated payment provider for online platforms and marketplaces.

13 April 2022

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IBM introduces real-time AI for transaction processing

IBM is harnessing the power of real-time AI to help banks analyse for fraud during transactions on a "massive scale".

05 April 2022

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Effectiv raises $4m for fraud management platform

Effectiv, the US startup behind a no-code risk management platform for mid-sized banks, credit unions and fintechs, has raised $4 million in seed funding.

30 March 2022

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Alkami to buy Segmint

Cloud-based digital banking technology vendor Alkami has agreed to buy financial data analytics and transaction cleansing provider Segmint for $135.5 million in cash.

29 March 2022

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NextGen Nordics: Danske Bank announces Trade AI app

Ahead of our NextGen Nordics conference on the 27th of April 2022, we will be putting together a weekly briefing of selected top stories that are emerging out of the region and setting the blueprint for payments innovation across Denmark, Finland, Iceland, Norway, and Sweden.

25 March 2022

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