Latest Artificial intelligence News: Finextra Research

Company update/people

Accelex appoints Steve Husk as chairman

Today Accelex, a data acquisition, analytics and reporting solutions provider for alternative investors, managers and asset servicers, announced that its Board of Directors has appointed Steve Husk as Chairman.

08 September 2020

Company update/cloud

FSS adds machine learning and cloud support to reconciliations platform

FSS (Financial Software and Systems) a global payment products provider and processor, has introduced critical increments to its market-leading Smart Recon platform.

07 September 2020

News/payments

HSBC develops AI-based tool to keep cash machines replenished

HSBC in Hong Kong is using an AI-based cash withdrawal forecasting tool to make sure that its network of 1200 ATMs don't run out of money.

07 September 2020

Company update/people

Traydstream names Moshe Wolfson sales and origination lead, European banks

Traydstream continues to accelerate its client activities and welcomes Moshe Wolfson to help lead the charge with European banks. He brings with him thirty years of rich experience in the field of direct and indirect sales to major Banking and Corporate clients.

03 September 2020

Company update/regulation

SIX Swiss Exchange rolls out AI-based surveillance platform

Today’s launch of “Prometheus”, the new trading surveillance application, sees SIX Exchange Regulation (SER) set new standards for the monitoring of SIX stock exchanges. SER consistently pursues a holistic surveillance approach and uses artificial intelligence, machine learning and big data as a basis for this.

01 September 2020

Company update/retail

GTreasury unveils AI tool to improve cash forecasting

GTreasury, a treasury and risk management platform provider, today announced the release of SmartPredictions™, which improves cash forecasting accuracy by applying artificial intelligence to short- and long-term treasury data.

31 August 2020

News/payments

Mastercard targets touchless economy

As merchants adapt to the Covid-19 world, Mastercard has unveiled AI-powered technology designed to enable touchless shopping.

28 August 2020

News/retail

BBVA builds gender-neutral global chatbot

BBVA has kicked against the trend to assign female voices to artificial intelligence assistants with the launch of Blue, a gender-neutral chatbot trained to answer customer's everyday banking queries.

28 August 2020

News/regulation

ECB cautions against the power of Big Tech in financial services and cloud provision

The European Central Bank has bemoaned the absence of an EU challenger capable of taking on the might of Big Tech cloud providers from the US.

27 August 2020

News/payments

Visa uses AI to reduce declined transactions during service outages

Visa is using real-time AI to help financial institutions manage transaction authorisations during service outages and disruptions.

26 August 2020

News/retail

GBG leads $7 million investment in alternative scoring specialist CredoLab

Identity data specialist GBG has led a $7 million funding round in Singapore's CredoLab.

20 August 2020

Company update/crime

Nice Actimize unveils AI cloud-native financial crime platform

NICE Actimize (Nasdaq: NICE) today announced the launch of its newest platform, NICE Actimize Xceed, which integrates best-in-class AI, data intelligence, behavioral analytics, and insights within a unified cloud platform designed to bring agility to financial institutions of all sizes, including community and regional banks, that are looking to modernize their financial crime risk management solutions.

20 August 2020

Company update/startups

Oz AI gurus have chance to shine as QLD AI Labs launches first business challenge with Heritage Bank

Artificial Intelligence (AI) gurus across regional Queensland are getting their chance to shine, thanks to a four-week problem solving challenge being launched this month by QLD AI Labs in partnership with Heritage Bank.

18 August 2020

News/cloud

DBS uses gamified learning to give staffers AI skills

Singaporean bank DBS has joined forces with AWS to boost the AI and machine learning skills of thousands of staffers through a gamified learning programme that will see participants develop their own autonomous model race cars.

17 August 2020

Company update/startups

Fintech cred.ai emerges from stealth

Today, cred.ai, a Philadelphia-based fintech company, introduced a new kind of consumer spending product that leverages proprietary technology to give users first-of-their-kind controls, convenience, and automatic credit score optimization.

13 August 2020

Company update/Artificial intelligence

Australian fintech Effi releases SMS campaign bot for mortgage brokers

Financial technology firm Effi has announced its latest game-changer for Australia's mortgage brokers with the launch of a new tool that will dramatically reduce lead conversion times and streamline interactions with customers.

12 August 2020

News/retail

Axis Bank rolls out AI-powered voice assistant

India's Axis Bank has launched an AI-powered automated voice assistant to help answer customer queries.

11 August 2020

News/regulation

Regtech kompany raises €6 million

Business verification and KYC regtech kompany has raised almost €6 million in a funding round led by Fairway Global Investment together with Global Brain.

05 August 2020

News/retail

Standard Chartered partners Truera to combat bias in AI

Standard Chartered is teaming up with US outfit Truera to help tackle unjust bias in AI-assisted decision making.

05 August 2020

News/regulation

Machine learning: foe and friend for market surveillance

The rise of machine learning in trading is posing new challenges for market surveillance, but the technology could also be a useful tool for identifying abuse risks, according to a report from the FICC Markets Standards Board (FMSB).

04 August 2020