Artificial intelligence

1474 articles tagged with this keyword

/ai

FS firms turn to agentic AI for compliance operations

The majority of global financial institutions are actively implementing agentic AI in order to improve their compliance operations, according to research from Fenergo.

/ai

PayPal to bring 100 AI and data science jobs to Dublin

PayPal is creating 100 jobs through the creation of an AI and fraud data science centre in Dublin.

/ai

Mastercard launches AI card design platform

Mastercard has launched an AI-based design tool to help issuers create payment cards with the click of a button.

/wealth

Lightyear eyes AI opportunity on $28 million fund raise

Investment firm Lightyear has closed a $23 million Series B funding round as it eyes opportunities to bring artificial intelligence to it platform.

/ai

Sam Altman fears AI-enabled fraud crisis

OpenAI CEO Sam Altman says it "terrifies" him that banks still use voice-based authentication methods in an era when the AI that he has helped bring into the mainstream can trick such technology.

/retail

NatWest hires AWS and Accenture to consolidate customer data across the bank

NatWest has signed a five-year deal with Amazon Web Services and Accenture to consolidate its customer data streams into a single, bank-wide data platform, enabled by AI.

/startups

Banxware co-founder launches credit infrastructure platform

Berlin-based startup Credibur has secured $2.2 million in pre-seed funding to launch its credit infrastructure platform.

/ai

Nasdaq Verafin unveils agentic AI AML workers

Nasdaq's anti-financial crime unit Verafin has launched a suite of agentic AI digital workers built to help banks with anti-money laundering compliance by automating low-value, high-volume processes.

/ai

CaixaBank develops an AI agent to help customers explore products in the app

CaixaBank has launched a generative AI-based agent to help users of it mobile banking application learn details about products, compare the different available options, and choose which one best suits their needs.

/ai

OpenAI tests in-chat payment checkout system

OpenAI is planning to integrate a payment checkout system into ChatGPT in a bid to boost revenues, according to the Financial Times.

/people

AIB promotes CTO to COO amid tech reorganisation

Graham Fagan has been named as the new chief operating officer (COO) at Irish bank AIB.

/ai

Anthropic unveils Claude for Financial Services

Anthropic, the AI startup backed by Amazon and Google, has launched a tool to help finance professionals analyse markets, conduct research, and make investment decisions with its Claude models.

/ai

Lloyds trumpets GenAI knowledge hub's impact

Lloyds Banking Group has built an AI knowledge hub that slashes the time it takes customer-facing employees to answer queries.

/ai

AI up lad! Yorkshire launches AI investment fund

English county Yorkshire is bidding for a prime position in the UK's AI sector with the launch of an investment fund targetting AI startups.

/ai

Rydoo buys accounts payable automation specialist Semine

Expense management provider Rydoo has acquired AI-powered accounts payable automation technology provider Semine. Financial terms were not disclosed.

/cloud

Survey suggests boom in banks' cloud adoption

The vast majority of financial services firms are accelerating their investment in cloud technology, suggests a recently released survey.

/payments

Bilt hits $10.75bn valuation

Neighbourhood loyalty platform Bilt has raised $250 million in primary funding, sending its valuation soaring to $10.75 billion.

/ai

Nationwide taps Microsoft and Accenture for GenAI-powered cybersecurity

Nationwide Building Society has enlisted Microsoft and Accenture for an AI-powered overhaul of its cybersecurity operations.

/ai

AIB rolls out Microsoft Copilot to 10,000 employees

Irish lender AIB is deploying Microsoft Copilot to provide 100,000 staff with access to enterprise-grade AI tools.

/markets

Moment raises $36m to automate fixed income

Moment has raised $36 million in Series B funding led by Index Ventures for its platform automating trading and portfolio management workflows for fixed income teams.