Latest Results from /ai
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London-based identity verification and authentication company Onfido has raised $100 million in a funding round led by TPG Growth.
16 April 2020
Invoice financing platform Previse has raised $11 million in a funding round led by Reefknot Investments and Mastercard, with participation from existing investors Bessemer Venture Partners, Hambro Perks and Augmentum Fintech.
Google Cloud has launched a rapid response AI chatbot to help organisations, such as banks, handle ballooning customer service queries during the Covid-19 pandemic.
08 April 2020
Hang Seng Bank has introduced a new chat contact for WhatsApp users in Hong Kong, providing a direct connection to its retail virtual assistant Haro.
06 April 2020
Cybersecurity technology is rapidly evolving and adapting to changing threats thanks to machine learning. However, AI is just one part of handling cyber threats, and financial institutions should be cautious about placing full reliance on it.
As the fintech sector struggles through the Covid-19 economic fallout, a report from VC Finch Capital offers some light at the end of the tunnel, suggesting that the crisis could ultimately end up benefiting the industry by accelerating the rush to digitisation.
02 April 2020
Belgian B2B wealthtech startup InvestSuite has topped up its seed funding round with an extra EUR2 million.
Chinese financial giant Ping An has beat off competition from Big Tech firms and rival super apps to set a world record in the prestigious General Language Understanding Evaluation (Glue) benchmark for Natural Language Processing (NLP).
31 March 2020
The Royal Bank of Canada (RBC) is using AI and NFC technology to let clients digitally verify their identities when their open accounts in branch.
16 March 2020
Empower, a mobile banking app in the US challenger bank category, has raised $20 million in Series A funding, with participation from Icon Ventures, Defy Ventures, and David Velez, founder and CEO of Brazil's Nubank.
06 March 2020
A subscription-only digital bank promising to use AI to help customers maximise their money, has launched in Belgium.
28 February 2020
The Pontiff is the latest public figure to offer an opinion on the ethics of using artificial intelligence (AI), issuing a set of principles on the use of new technology.
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