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Latest Results from /ai

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Google Cloud releases AI-powered mortgage processing tool

Google Cloud has unveiled an AI-powered tool designed to speed up the notoriously slow mortgage application process.

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RBC launches AI-guided electronic trading platform

RBC Capital Markets has launched an AI-powered electronic trading platform it claims will help improve results and insights for clients in a "measurable and explainable way".

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UK regulators set up AI insights forum

UK regulators are staging the first meeting of the Artificial Intelligence Public Private Forum, a quarterly talking shop to gauge the impact of AI in financial services.

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Deutsche Bank to provide early warning system for settlement fails

Deutsche Bank is to debut settlement service using technology from Elastic that will provide clients with an early warning of likely settlement delays for in-flight transactions.

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Sibos 2020: Let 'promiscuous' digital workers do the dirty (data) work

On day 3 of Sibos 2020, the conversation broached the weighty topic of tech execution, drawing links between the fundamental role of data in the ability of technology to reach its potential across financial services.

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Sibos 2020: Big Tech companies are not looking to get into financial services – Jesse McWaters

Jesse McWaters, Mastercard’s vice president of global digital public policy, believes the way people think about Big Tech companies entering financial services are mistaken.

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Neobank Douugh lists on ASX

Neobank and smart money management app Douugh has begun trading on the Australian Stock Exchange (ASX) after raising $6 million in Series A funding.

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BlackLine buys Rimilia to add AI-powered accounts receivable automation to platform

Accounting automation software provider BlackLine has acquired AI-powered accounts receivable outfit Rimilia for $150 million in cash.

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RBC launches ethical AI hub for Canadian firms

Royal Bank of Canada's artificial intelligence research unit has launched a programme to help promote "ethical AI".

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Pynk raises $2m for retail investor wallet

London-based wealth management startup Pynk has raised $2 million through crowdfunding ahead of the launch of its retail investor wallet.

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Harvest launches index to build dynamic financial scores

US fintech startup Harvest is aiming to overturn the traditional credit scoring system, utilising AI and machine learning to provide a dynamic view of a person's financial wellness throughout the lifetime of a loan.

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Client is king: How two US banks optimise tech execution

In anticipation of Sibos 2020, we zero-in on a key focus area that financial institutions across the payments landscape will be paying close attention to as technology becomes more complex, consumers more sophisticated, and margins ever-more slim. That is, getting the most out of technology investments by improving execution.