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Latest Results from /ai

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Aussie fintech BlackArrow moves HQ to Glasgow

Australian fintech player BlackArrow has chosen Glasgow as its new headquarters after securing financial support from the Scottish government.

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HSBC unveil AI-powered equity index structured product

HSBC has added an AI-powered equity index structured product to its wealth offerings in Hong Kong.

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Tinkoff rolls out voice assistant to non-customers

Tinkoff is making its voice assistant, Oleg, available to non-customers, giving all Russians access to the bot's non-financial services features.

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Sentinels raises EUR5.7m for transaction monitoring platform

Sentinels, the Dutch startup behind an AI-powered transaction monitoring system, has raised EUR5.7 million in a seed funding round.

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Truebill raises $45m for PFM app

Personal finance app Truebill has raised $45 million in a Series D funding round led by Accel and joined by Bessemer Venture Partners, Cota Capital and Eldridge Industries.

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After 'awful' AI tweets, Lemonade says it doesn't use phrenology

Insurance unicorn Lemonade has scrambled to reassure customers after a tweet thread boasting about its AI prowess led to worries that it was treating claimants differently based on physical characteristics.

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Fraudio raises $3.3m for fraud prevention platform

Fraudio, a Dutch startup that has developed a cloud-native centralised AI-powered payment fraud detection system, has raised $3.3 million in seed funding.

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Exegy and Vela merge

Exegy has merged with Vela Trading Systems, creating a global leader in low latency market data, trading platforms and predictive signals.

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Vise raises $65m for investment management platform

AI-powered investment management platform Vise has raised $65 million in a Series C funding round led by Ribbit Capital and joined by Sequoia Capital.

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CaixaBank taps into European Innovation Council network of startups

Spain's CaixaBank has signed on to the European Innovation Council (EIC) Corporate Partnership programme, working with a handful of startups on joint projects.

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CommBank forms Big Data joint venture

Commonwealth Bank of Australia has formed a joint venture company with data science outfit Quantium to create a suite of product aimed at delivering business decision-making insights to institutional clients.

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2021: A year to unite sustainable finance standards and taxonomies

In his FinextraTV predictions interview for 2021, David Harris, group head of sustainable business at London Stock Exchange Group, speaks to how the year is likely to see sizeable progress around sustainability.