Artificial intelligence

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From Surviving to Thriving: Digital Customer Engagement beyond Video Conferencing

/Artificial intelligence

From Surviving to Thriving: Digital Customer Engagement beyond Video Conferencing

206 downloads

Responding to Lending Disruption

/Artificial intelligence

Responding to Lending Disruption

605 downloads

/wealth

Prometeia and Fabrick apply Open banking and AI to launch new digital wealth platform

Fabrick, a leading Italian fintech company which operates internationally to promote Open Finance, and Prometeia, a consulting, software and research company that is a market leader in solutions for risk and wealth management, today announce the launch of Global Investment Portfolio, a unique digital wealth management solution that harnesses the power of artificial intelligence and open banking.

SEC shuts down mother-son 'supercomputer' operation

/crypto

SEC shuts down mother-son 'supercomputer' operation

The Securities and Exchange Commission has shut down a mother and son operation that raised more than $12 million from retailer investors by promising to use an AI "supercomputer" to invest the funds in securities trading and cryptocurrencies.

/retail

Scienaptic AI signs Numerica Credit Union

Leading global AI-powered credit decision platform provider, Scienaptic AI announced Numerica Credit Union has selected the company’s AI-powered platform to enhance its overall credit decisioning for several of its lending products and services, including consumer and commercial underwriting, CLI for credit cards, preapprovals, best credit product recommendations for members and credit risk assessment for the institution’s treasury services.

Credit Suisse leads $20 million round in financial data company Daloopa

/startups

Credit Suisse leads $20 million round in financial data company Daloopa

Credit Suisse has led a $20 million Series A financing round in Daloopa, a provider of AI-powered data extraction services to hedge funds, investment banks, and other financial institutions.

Climate X raises $1.5m to tackle climate risk

/sustainable

Climate X raises $1.5m to tackle climate risk

Climate X, a startup that uses data and analytics to help businesses, government and individuals tackle the multi trillion-dollar climate risk problem, has raised $1.5 million in pre-seed funding.

/regulation

MAS lays out ground rules for ethical AI competition

The Monetary Authority of Singapore (MAS) today announced the launch of the inaugural Global Veritas Cahllenge

CBA puts AI ethics at centre of Bill Sense

/retail

CBA puts AI ethics at centre of Bill Sense

Commonwealth Bank of Australia has used an AI ethics framework being developed by the country's government to help design a service that tells customers when their bill payments are due.

CIBC inks Microsoft Azure deal

/cloud

CIBC inks Microsoft Azure deal

The Canadian Imperial Bank of Commerce (CIBC) has agreed a multi-year deal to use Microsoft Azure as its primary cloud platform.

/cloud

AI users outperforming peers says survey

Unit4, a leader in enterprise cloud applications for people-centric organizations, today announced the findings of Finance, AI and the future of decision making, Unit4’s global survey of finance professionals.

/regulation

Mansfield Building Society taps Suade Labs for reg reporting

Award-winning RegTech firm Suade Labs, specialised in bridging the regulatory gap through modern technology, has recently added Mansfield Building Society to its client portfolio.

/retail

CrediLinq.ai chooses Validis to streamline SME lending

Validis, the provider of open accounting data analytics, announces its latest partnership with CrediLinq.ai, the soon-to-be-launched AI-powered SME lending platform.

/crime

Quantexa taps AI to turn the tables on criminals

Quantexa, the data and analytics software company pioneering Contextual Decision Intelligence, has today launched the latest version of its Contextual Monitoring and Investigations solution to set a new revolutionary standard in Financial Crime & Fraud detection and investigation.

/wealth

Marketware and AlphaTrAI partner for digital transformation service

Marketware International, a global enterprise offering customized retail product and solutions for financial institutions, and AlphaTrAI, an asset management firm that delivers alpha through transformative artificial intelligence, today announced a strategic partnership designed to help financial organizations fast-track their digital transformation in the areas of investment and asset allocations.

Crown Agents Bank launches biometric pension solution

/identity

Crown Agents Bank launches biometric pension solution

Crown Agents Bank has today launched a biometric authentication pension solution, EMpower Pensions, facilitating secure, end-to-end pensions management, as well as domestic and international pension payroll, from a single digital platform.

/payments

Use of smart POS terminals to grow by 156% in 5 years - research

A new study by Juniper Research has found that smart POS terminals globally in service, where analytics and loyalty can be integrated directly to the terminal, will increase from 13.7 million in 2021, to 35 million units in 2026.

/inclusion

Student finance fintech raises £1.1m in funding

StepEx has raised £1.1 million in pre-initial funding, with the venture studio BBVA Anthemis Venture Partnership being the lead investor.

/Artificial intelligence

Unesco agrees draft text for ethical AI

After months of constructive dialogue and negotiation, representatives from UNESCO’s member states have agreed on the draft text of an ambitious and wide-ranging new template for the ethical development and deployment of Artificial Intelligence.

EBAday 2021: Payments innovation and the benefits cascading down the waterfall model

/payments

EBAday 2021: Payments innovation and the benefits cascading down the waterfall model

EBAday 2021 has flown by, and the sessions throughout day three of the event served to build on the momentum from day one and two. Another punchy strategic roundtable addressed the need for industry-wide collaboration to drive payments innovation, while two boisterous chatrooms tackled the weighty subjects of Open Banking, CBDCs and stablecoins.

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