Artificial intelligence

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/Artificial intelligence

BNP Paribas uses fitness bands and AI to measure employee stress levels

Hundreds of BNP Paribas employees have taken part in a pilot that saw them wear Microsoft Band 2s that gathered biometric data to measure their stress levels.

/Artificial intelligence

Banking in the age of AI

Julia Krauwer, artificial intelligence expert at ABN Amro, discusses how advances in machine learning are increasingly being applied to an array of business-to-consumer interactions, including banking.

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SEB AI agent Amelia to take a bow with customers

SEB is to roll out a new artificial intelligence agent named Amelia as part of its customer support team.

/Artificial intelligence

IBM to acquire Promontory; create AI-driven compliance subsidiary

IBM is to acquire risk management and regulatory compliance consulting firm Promontory Capital and create a new subsidiary, Watson Financial Services, in which it will use artificial intelligence technology to keep pace with the rapidly changing financial reporting landscape.

/Artificial intelligence

Banks see strong potential for AI in payments - Finextra Research

Pelican, a leading provider of solutions to the financial services sector, today released the findings of its global survey ‘Leveraging artificial intelligence for payments efficiency’, which explores the attitudes of senior payment professionals within banks and corporates towards the use of artificial intelligence (AI) in supporting the payments business and related processes.

/Artificial intelligence

EWise ships financial data API

eWise, leading provider of financial data aggregation and money management solutions, has launched its new financial transaction Categorisation-as-a-Service API (CaaS) for Financial Institutions and Fintechs.

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Almax puts AI to work on information overload in capital markets

Almax Analytics, a software platform delivering actionable insights, announced today they have emerged from stealth (development) with a customer ready product for the Financial Markets.

/Artificial intelligence

Wealth management firms to embrace tech and see off fintech insurgents - report

Wealth management firms are falling short of client expectations when it comes to their use of technology, but established players in the field are likely to respond well to the digital revolution and will not be displaced by fintech insurgents, new research from Roubini ThoughtLab suggests.

/Artificial intelligence

Canadian AI-powered online wealth management platform goes live

On Wednesday September 21st, Responsive Capital Management, an online wealth manager powered by artificial intelligence (AI) technology, will offer consumers access to technology typically only within reach of the wealthy.

/Artificial intelligence

Yandex browser uses AI to secure online banking

Yandex, a leading mobile and internet search provider, has introduced a new, enhanced protection against data theft for Yandex Browser users.

/Artificial intelligence

Habito unleashes Digital Mortgage Adviser

UK tech startup, habito, has launched the world’s first artificially intelligent Digital Mortgage Adviser (DMA) allowing millions of consumers to discuss their mortgage needs from any connected device, 24/7, without requiring a human broker.

/Artificial intelligence

Italian digital bank Widiba expand use of virtual assistant tech from Artificial Solutions

Artificial Solutions, the natural language interaction (NLI) specialist that enables users to have a meaningful, humanlike interaction with technology, today announced that Italian online bank, Widiba, has expanded and upgraded its use of the Teneo platform to enable new intelligent features in its digital employee and benefit from faster development timescales.

/Artificial intelligence

German bank bids to unleash innovation with tech-packed 'playroom'

German cooperative bank Volksbank eG Schwarzwald Baar Hegau has become the first client to install NCR's new 'innovation experience room', a space packed with the latest technology, such as virtual reality headsets and drones, that is designed to help build digital literacy among employees and customers.

/Artificial intelligence

Rise of the bots: DBS to put virtual assistant in Facebook Messenger

Singapore's DBS is rolling out conversational AI technology that will allow customers to manage their money and make payments in Facebook Messenger and WhatsApp.

/Artificial intelligence

Fintech founder calls Aussie banks hyprocrites over Apple Pay complaints

The founder of an Australian robo-advisor has accused the country's banks of hypocrisy over their cries of anti-competitive behaviour from Apple Pay

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DBS kicks off second accelerator round

Following the success of the inaugural DBS Accelerator in Hong Kong in 2015, DBS Bank (Hong Kong) today kicked off the second edition of the programme.

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Santander doubles down on fintech fund

Santander has doubled the size of its fintech investment fund, from $100 million to $200 million, in what the bank describes as a sign of commitment to its philosophy of collaborating with startups.

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Hedge fund boss welcomes day when computers take over

The president of one of the world's largest hedge funds has told an audience of fund managers that he looks forward to the day when they will all be replaced by computers.

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Cybersecurity startup valued at $1bn

Cylance, a cybersecurity startup that uses algorithms and artificial intelligence, has been valued at $1bn following a round of fundraising that secured more than $100m in private equity investment.

/Artificial intelligence

OutsideIQ and Alacra partner for AI-based due diligence reporting

Regulatory SaaS technology leader Opus announced today that Alacra, its KYC and reference data management platform, has signed a distribution partnership with OutsideIQ, the leader in risk-focused, artificial intelligence software.