Latest Artificial intelligence News: Finextra Research

The transition from cash to digital, real-time payments

Ilkka Korkiakoski, VP, Head of Tieto, Transaction Banking, talks at EBAday 2018, about who the main stakeholders are in the new digital payments ecosystem, how an ecosystem can be a nationwide solution and what common ground can be found among the multiple players involved.

02 July 2018

News/Artificial intelligence

Investors to use less sell-side research, more AI

Institutional investors plan to use less sell-side research in the coming years, relying more on proprietary in-house work that takes advantage of AI, according to a study commissioned by Thomson Reuters.

29 June 2018

Company update/Artificial intelligence

TT integrates Score into platform

In our previous two blog posts, Make Surveillance Smarter and Eliminate Blind Spots With TT Score and Supercharge Your Spoofing Surveillance with TT Score, we described how TT Score utilizes advanced machine learning technology to detect and score complex patterns of manipulative and disruptive trading activity, including but not limited to spoofing, layering, flipping, vacuuming and momentum ignition.

27 June 2018

News/Artificial intelligence

RBC to spend $2 million on research into AI-based cybersecurity

The Royal Bank of Canada is to invest $2 million into an Israeli-based university spin off to support the development of AI-based cybersecurity techniques.

27 June 2018

Company update/Artificial intelligence

Nasdaq and Celent study on capital markets infrastructure tech

During its biennial Technology of the Future conference in Stockholm, Nasdaq Inc. (Nasdaq:NDAQ), in collaboration with Celent, today revealed the results of a new study of market infrastructure (MI) senior technology and strategy officers that uncovered three important trends: the factors that are driving changes in market infrastructure, how MIs are using technology to support business strategies and how technology spend is evolving.

26 June 2018

Finextra TV/Artificial intelligence

Making payments fraud less attractive to fraudsters

Liam Cooney, Vice President, Global Head of Market Development & Sales, Vocalink Analytics (a Mastercard company), talks at EBAday 2018 about the key trends in payments fraud , how fraudsters are taking advantage of the global adoption of real-time payments and what strategies and techniques can be used to combat these threats.

26 June 2018

Company update/Artificial intelligence

BMO Capital Markets drives regulatory change management with JWG

JWG has announced a partnership with BMO Capital Markets (BMO) where it will provide BMO access to its AI-powered, natural-language processing change management system — RegDelta.

26 June 2018

News/Artificial intelligence

BBVA creates Next Technologies unit; tests selfie payments

BBVA is doubling down on its digital transformation programme, merging two units to create an engineering company that will be home to 1200 tech staffers working on everything from cloud computing to AI to blockchain.

22 June 2018

News/Artificial intelligence

PayPal shopping spree continues with $120m deal for fraud prevention firm Simility

PayPal has agreed its second acquisition of the week, paying $120 million in cash for machine learning-powered fraud detection outfit Simility.

22 June 2018

Company update/Artificial intelligence

Finn AI joins Temenos MarketPlace

Temenos (SIX: TEMN), the banking software company, today announces the launch of Finn AI on Temenos MarketPlace, Temenos’ platform for facilitating the exchange of value between fintech providers and financial institutions.

21 June 2018

Company update/Artificial intelligence

Ant Financial's MYbank to open up tech suite to other banks

MYbank, a leading online private commercial bank in China with a focus on SME financing, today announced the launch of the Star Plan to open up its proven AI, computing and risk management capabilities to financial institutions in China.

21 June 2018

Finextra TV/Artificial intelligence

When will it reach critical mass?

Darryl Proctor, Payments Director, Temenos, talks at The Temenos Community Forum: Digital to the Core, about what's driving the global growth of instant payment schemes, what the benefits of instant payments are for corporates, and why having a digital core is imperative to service instant payments in the most cost efficient way.

21 June 2018

Finextra TV/Artificial intelligence

Fulfilling the promise of AI

Richard Nettleship, Associate Partner, AI Business Consulting, Atos UK and Ireland, talks at NextGen Banking London: The AI revolution, about the sort of help Atos's financial services customers are looking for, how the partnership with Microsoft and Dell EMC is developing and what needs to be ensured for the promise of AI to be fulfilled.

20 June 2018

News/Artificial intelligence

IBM Watson expands further into RegTech

IBM is expanding Watson further into the RegTech arena, pitching the cognitive computing platform as uniquely placed to help banks deal with an increasingly complex regulatory and risk environment.

20 June 2018

Company update/Artificial intelligence

Ant Financial to share full suite of AI capabilities with asset management companies

Ant Financial Services Group (“Ant Financial” or “the Company”) today announced that the Company will share a full suite of AI capabilities with asset management companies in China to support their digital transformation.

20 June 2018

News/Artificial intelligence

Interac opens innovation lab

Canadian debit network Interac has opened an innovation outpost and accelerator at Communitech, a tech hub based in the city of Kitchener, Ontario.

20 June 2018

Company update/Artificial intelligence

Banking AI startup PrecisionLender preps London and New York offices

PrecisionLender, the world's leading provider of applied banking insights to commercial banks, today announced its plans to open offices in New York and London; the company also recently opened offices in Chicago, Dallas and Sydney, Australia.

19 June 2018

Finextra TV/Artificial intelligence

Catering to a specific, local environment

Willem Hueting, Senior General Manager, International Markets, KBC, speaks at The Temenos Community Forum: The Digital Revolution, about what the main drivers are for the bank looking to digitally transform their business, whether it is about driving efficiency or increasing commercial agility, and what lessons they need to take into account along the way.

18 June 2018

Finextra TV/Artificial intelligence

The devil is in the detail

Jason Lane, Group Executive, European Market Development, Mastercard, talks at Money20/20 Europe about the future of Open Banking, what obstacles we can expect to see along the way and how they should be overcome.

18 June 2018

News/Artificial intelligence

Robots save Nordea from GDPR processing nightmare

With the new General Data Protection Regulation (GDPR) threatening to swamp workers, Nordea turned to Robotics Process Automation (RPA), slashing the time needed to process customer requests.

18 June 2018