Artificial intelligence

3774 articles tagged with this keyword

/security

Fraudio secures investment from Alea Capital Partners

This new round of investment from Alea (through its venture capital fund “Alea Innovation One FCR”), alongside Fraudio’s existing investors, will enable the company to accelerate the development of the company’s technology and go to market.

/devops

VoPay tempts developers with API GPT Assistant

VoPay, a leading provider of embedded payment solutions, is revolutionizing how engineers and product teams integrate financial technology with the launch of its API GPT Assistant.

/ai

FSA publishes AI discussion paper

The Financial Services Agency (FSA) issued an AI Discussion Paper entitled “Initial points to consider for promoting the sound utilization of AI in the financial sector.”

/wholesale

Ramp valuation hits $13 billion

Finance automation and corporate credit card platform Ramp has hit a $13 billion valuation after investors purchased $150 million in secondaries from employees and early backers.

/ai

Lynx launches AI-powered AML screen tech

Lynx Tech introduces its next-generation Anti Money Laundering (AML) Screening Solution, designed to help financial institutions identify high-risk individuals and entities with accuracy and speed.

/ai

Socure launches AI assistant for global watchlist and screening

Socure, the leading provider of artificial intelligence (AI) for digital identity verification, compliance, and fraud prevention, today announced the launch of the company’s first AI-powered assistant for its Global Watchlist Screening and Monitoring solution.

/inclusion

JPMorgan Chase invests in FairPlay

JPMorgan Chase has joined a $10 million investment round in FairPlay, a "Fairness-as-a-Service" company using AI fairness techniques to reduce algorithmic bias in lending.

/crime

Cybercrime is national security risk – Google Cloud execs detail prevention strategies

Finextra spoke to leaders at Google Cloud: Nick Godfrey, senior director and global head, office of the CISO, and Jamie Collier, lead threat intelligence advisor (Europe), on how cybersecurity has evolved an what new threats are emerging in the financial crime landscape.

/ai

Behavox buys Mosaic Smart Data

AI insights company Behavox has acquired Mosaic Smart Data, a vendor that helps financial institutions extract actionable intelligence from their transaction data. Terms of the deal were not disclosed.

/ai

Decision automation platform Taktile closes $54m Series B

Taktile – a category-defining decision automation platform – has raised $54 million in a Series B funding round, to continue empowering teams at fintech companies and financial institutions to optimize their risk management strategies across the entire customer lifecycle.

/ai

Stripe hits $91.5bn valuation as AI investment pays off

Stripe has announced a tender offer for employees and shareholders that values the payments giant at $91.5 billion, close to its 2021 peak of $95 billion.

/ai

Swiss AI firm Unique raises €30m in series A funding

Unique, a Switzerland-based startup providing AI platforms to the financial services market, has secured €28.6 in funding.

/ai

BNY and OpenAI strike deal to develop AI platform

US-based investment bank and global custodian BNY has agreed a deal with OpenAI, the creator of generative AI platform ChatGPT, to help with the development of the bank's proprietary AI platform Eliza.

/markets

UK fintech investment hits four-year low

A combination of geopolitical uncertainty, high inflation and low interest rates has seen investment in the UK's fintech industry slump to its lowest level since 2020.

/ai

Ethos raises $6m to modernise model risk management

Ethos, the modern model risk management platform, announced today a seed investment of $6M to become the gold-standard platform enabling financial institutions and fintechs to manage model risk with confidence.

/ai

PXP integrates with Snowflake

PXP, a leading omnichannel global payment platform, has announced an integration with Snowflake, the AI Data Cloud company, which will combine PXP’s cutting-edge technology platform with Snowflake’s platform capabilities to enable merchants and partners to better analyse business data and enable faster decision-making.

/ai

6 Monks and Aisot Technologies partner for AI-driven investment fund

Aisot Technologies (aisot), a leading provider of AI-driven investment insights, and 6 Monks (6M), a pioneering Alternative Investment Fund Manager (AIFM), announced a partnership to leverage aisot’s AI Insights Platform to support 6M‘s investment strategies.

/ai

Zeta launches GenAI customer support agent

Zeta, a leader in modern card processing, launched Selene - an AI-powered assistant that transforms how issuers handle customer service.

/wholesale

Treasury management fintech Embat buys Necto

Madrid-based treasury management startup Embat has acquired Necto, a US bank API connectivity specialist. Financial terms were not disclosed.