Latest Artificial Intelligence News: Finextra Research

EBAday 2021: Payments transformation and the road to success

Finextra Research and the Euro Banking Association today welcomed the global banking community to EBAday 2021. Running from 28-30 June, the virtual conference is being led by some of the most influential leaders and practitioners in the financial services sector, and dives into the current and future trends of the European and international payments landscape – as well as the latest developments across digital banking, liquidity management, open banking, real-time payments, and more.

28 June 2021

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Mastercard invests in card tech startup Deserve

Deserve, a provider of bespoke white label mobile-centric API and SDK-based credit card technology, has raised $50 million in a Series D funding round joint-led by Mastercard.

24 June 2021

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Hawk AI plots global expansion on $10 million fund raise

Germany's Hawk AI has raised $10 million in a Series A round led by BlackFin Capital Partners to finance global expansion for its AI-based AML platform.

23 June 2021

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Scotiabank brings machine learning to chatbot

Scotiabank is bringing machine learning to its search function, prepping a chatbot that will be able to instantly answer complicated customer questions.

21 June 2021

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AML regulations driving up compliance costs across UK

A new report by LexisNexis Risk Solutions has found that increased AML regulations, more so than criminal threats, are intensifying compliance costs for UK financial institutions.

18 June 2021

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Universal shopping app nate raises $38m

Nate, an AI-based online shopping tool that centralises buys onto a single platform, has raised $38 million in a series A funding round led by Renegade Partners.

17 June 2021

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Stripe launches ID verification tool; sees strong investor interest

Stripe continues to expand beyond payments, launching a tool that help internet businesses securely verify the identities of their users from over 30 countries.

14 June 2021

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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.

10 June 2021

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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.

09 June 2021

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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.

04 June 2021

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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.

03 June 2021

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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.

01 June 2021

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