Artificial intelligence

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/regulation

Fintel Connect unveils content marketing compliance tool

Performance marketing technology company Fintel Connect announced the launch of its latest offering for the financial services industry, Fintel Check, a regtech tool to help financial brands keep their content marketing compliant.

/wealth

Nice Actimize unveils tool to cut compliance risk for wealth management and insurance firms

Financial services organizations that provide investment advice, and which sell life insurance, annuities and other wealth products, are finding that regulators are escalating how closely they monitor advisor behaviour.

/retail

Creditas unveils digital collections and recoveries platform, Ethera

Creditas Solutions, India’s leading financial technology company for delinquency management, has announced the launch of Ethera.

/regulation

Federal agencies seeks views on financial institutions' use of artificial intelligence

Five federal financial regulatory agencies are gathering insight on financial institutions' use of artificial intelligence (AI).

/startups

Monva beats £200k Crowdcube target

Fintech firm Monva has exceeded its fundraising target of £200,000 via Crowdcube. With 10 days of fundraising still remaining, Monva continues to invite further investment from the crowd as it enters a period of overfunding.

/payments

SmartStream launches AI enabled platform for managing complex data

SmartStream Technologies, the financial Transaction Lifecycle Management (TLM®) solutions provider today announces the launch of TLM Aurora Universal Data Control - driven by client demand - it is the only solution of its type to match any reconciliations data, from basic to complex matching by enabling AI, machine learning and cloud-native technology.

HighRadius hits $3.1bn valuation

/wholesale

HighRadius hits $3.1bn valuation

HighRadius, a startup specialising in AI-powered order-to-cash and treasury management software, has hit a $3.1 billion valuation off the back of a $300 million Series C funding round led by D1 Capital and Tiger Global.

/people

Seth Merrin joins Neuravest as chairman

Neuravest Research, a provider of AI-driven portfolio construction solutions for institutional investors, today announced that Seth Merrin has joined the organization as the firm’s Executive Chairman.

/Artificial intelligence

US Bank first to market with Personetic cash flow-based saving product

Personetics, the leading global provider of AI-powered personalization used by the world's top Financial Institutions, announced that it has patented a solution that automatically helps customers intelligently save or invest funds based on their cash flow patterns.

/sustainable

BNP Paribas to provide investors with sustainability analytics from Clarity AI

BNP Paribas Securities Services and its platform Manaos announce a partnership with Clarity AI, a leading sustainability data science and technology company. Starting today, Manaos users have access to Clarity AI’s vast universe of sustainability data and insights.

TSB's Smart Agent goes mobile

/retail

TSB's Smart Agent goes mobile

TSB has ported its AI-based Smart Agent to its mobile banking app.

The Future of Cloud 2021

/Artificial intelligence

The Future of Cloud 2021

850 downloads

Feedzai achieves Unicorn status on $200 million fund raise

/crime

Feedzai achieves Unicorn status on $200 million fund raise

AI-based financial crime detection platform Feedzai has joined the Unicorn club, raising $200 million at a valuation of above $1 billion.

/regulation

Erste Group embraces synthetic data to foster innovation

Synthetic data generated by artificial intelligence offer banks and financial institutions a new and completely anonymized way to extract valuable information and identify patterns from the vast amount of customer data they hold.

/markets

BNP Paribas extends FX digital trading assistant across full product suite

BNP Paribas today announces that ALiX, its FX digital trading assistant first launched in September 2019, has expanded across the full FX product suite on the bank’s advanced multi-award winning FX trading platform, Cortex FX.

/retail

Mirato unveils third party risk management platform

Mirato, provider of a third-party risk management (TPRM) platform that orchestrates and automates the entire TPRM lifecycle, today announced the availability of its platform for financial services institutions in the U.S., which includes a fully orchestrated operations dashboard and the Mirato Risk Hunter for real-time visibility into concentration risk.

Digital ID firm Socure raises $100m

/identity

Digital ID firm Socure raises $100m

Machine learning-based digital identity verification firm Socure has joined the unicorn club off the back of a $100 million Series D funding round led by Accel and joined by the investment arms of Citi and Wells Fargo.

/retail

ABN Amro sets AI homework for students

ABN AMRO has entered into a partnership with the Amsterdam Center for Entrepreneurship (ACE), joining forces in the AI Startup Lab, an initiative of ACE Incubator.

/startups

Financial advice and mortgage broker app launched by Multiply AI and Mojo

Multiply AI, the UK’s first fully-automated financial adviser app, today announced it has partnered with digital mortgage broker Mojo to provide the first end-to-end digital advice app free of charge for first-time home buyers.

CBA taps Big Data and machine learning to support customers hit by natural disasters

/retail

CBA taps Big Data and machine learning to support customers hit by natural disasters

Commonwealth Bank of Australia is harnessing machine learning technology and Big Data science to offer customers same-day, pro-active emergency assistance in the event of weather-induced natural disasters.

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