Artificial intelligence

3493 articles tagged with this keyword

/retail

Banking predictions for 2020 – more competition, more collaboration and new sources of revenue

As 2019 draws to a close, financial services commentators and vendors have made their customary end-of-year predictions for the 12 months ahead, with increased competition through supercharged PSD2 the principal driving force.

/Artificial intelligence

Finextra's year in review

With 2019 drawing to a close, we take a look back at our most popular news items, videos and community engagement activities over the course of the past year.

/ai

Abaka completes Series A funding round with $6.5 million investment

ABAKA, the London-based digital retirement solutions provider, has today announced that it has completed its Series A funding round with a joint investment of $6.5 million from Thames Trust, Ace&Co and Downing Ventures.

/sustainable

More and more banks joining the ESG agenda

Jonathan Hughes, Co-Founder, Pollinate International, speaks at Sustainable Finance. Live about how Pollinate are working with banks to inform them and their customers about better buying decisions to help the environment, changing consumer views about their carbon footprint, the supply chain & impact of purchasing data and whether enough banks have enough of an appetite for Sustainable Finance.

/sustainable

Value chain vs. supply chain: Redesigning the economy

Anna Poberezhna, Founder, CEO, Smart4tech, speaks at Sustainable Finance. Live about Green Finance through redefining the value of water through digitisation and integrated water resource management and redesigning processes & products through the lens of system thinking & tech to make the world a better place. She speaks about the Circular Economy and the efforts to build optimisation and innovations to re-design the way the economy works by addressing value chain versus supply chain.

/sustainable

BBVA installs solar panels to reduce HQ carbon output

The Spanish environmental company EDF Solar has installed 523 solar panels with a production capacity of 236.182 kWh/year at BBVA Group headquarters.

/Artificial intelligence

Saxo Bank targets Chinese market through tech joint venture

Saxo Bank has formed a 50/50 joint venture with Chinese automotive group Geely Holdings to provide a suite of financial technology services to banks and fintechs in China.

/payments

Integration largest hurdle to innovation adoption in payments - survey

Artificial intelligence (AI) continues to disrupt many industries, and the business payments and banking industries are no exception.

/sustainable

Sustainable Finance.Live: How best to design the report and reporting process

Richard Conway, CEO, Elastacloud, speaks at Sustainable Finance. Live about energy sustainability, whether the challenges we face with understanding data necessary for sustainable products and solutions can be overcome, the methodologies organisations need to explore around data going forward, the role of AI and how best to design the report and reporting process.

/sustainable

Understanding the Supply Chain with OceanMind

Together at Sustainable Finance.Live, Nick Wise, CEO, OceanMind & Richard Peers, Founder of Responsible Risk look to uncover solutions and get commercial banks to become more engaged in sustainable projects. Nick lends the case study of using the empowerment of fisheries authorities and seafood buyers to explain the emergence of supply chain data and the capability of and impact that smaller firms can deliver.

/sustainable

Sustainable Finance.Live: Designing a green commercial bond product

Adrian Sargent, Treasury Operating Officer, Virgin Money, speaks to Richard Peers, Founder, Responsible Risk about the good of Green Bonds and their increase in demand, some of the cost constraints of issuing bonds and the complexities that come with identifying green assets, the importance of being able to extract data necessary for organisations to confidently invest and how we need to simplify the process going forward.

/sustainable

Agrimetrics: Beyond ‘greenwashed’ ideas and toward tangible results

Matthew Smith, Chief Product Officer, Agrimetrics, speaks about the issues around agricultural productivity and sustainability in the UK, how we can address the challenges in understanding and assessing data for products necessary in sustainable finance and how AI has become the booster for accelerating us towards actionable information. He shares with Hannah Wallace, Finextra what a Green Bond is and how banks and other large organisations' willingness and confidence to invest in sustainable projects is changing.

/ai

BMO unveils AI-powered PFM tool

Bank of Montreal (BMO) is adding an AI-powered personal finance tool to its mobile app, helping customers manage their day-to-day money matters.

/cloud

Yooz forms partnership with Microsoft Azure

Yooz, provider of smart, powerful and easy-to-use cloud-based Purchase-To-Pay (P2P) automation solution, today announced a global partnership with Microsoft.

/Artificial intelligence

Bank of America AI chatbot surpasses 10 million users

Bank of America's mobile chatbot Erica has surpassed 10 million users since its nationwide rollout in June 2018 and is on track to complete 100 million client requests in the coming weeks.

/ai

Only 19% of commercial banks are using AI holistically - Genpact

Nearly all (97%) commercial banks are using artificial intelligence (AI), according to new research from Genpact (NYSE: G), a global professional services firm focused on delivering digital transformation; however, most financial institutions are not implementing the technology effectively for competitive advantage.

/sustainable

Understanding Sustainable Finance risks and making data driven decisions

Mark Hodgson, Chief Business Officer, Cervest, speaks to Hannah Wallace, FinextraTV, at Sustainable Finance.Live about understanding sustainable risks and making data driven decisions in the context of climate change, the challenges in assessing the data necessary to build sustainable solutions, the role of AI and ML in tackling those hurdles and what this means for commercial banks.

/Artificial intelligence

BBVA makes site search more like Google

BBVA USA is working with search expert Yext to make finding information on its website more like using Google.

/Artificial intelligence

Goldman Sachs enlists startup for quantum computing push

Wall Street giant Goldman Sachs is teaming up with Silicon Valley startup QC Ware to investigate the use of quantum algorithms in finance.

/Artificial intelligence

BMO joins $6m FlexPay funding round

FlexPay, a Montreal-based startup using AI to help merchants recover lost revenues from declined transactions, has raised $6 million in a funding round led by Impression Ventures and joined by BMO Capital Partners.