Latest Machine learning News: Finextra Research

NatWest taps AWS for data-driven services

NatWest Group is working with Amazon Web Services to bring together data from across its business in order to better anticipate the needs of customers.

11 March 2022

News/crypto

FTX turns to Stripe for payments and ID verification

Crypto giant FTX and its US subsidiary have chosen Stripe to build an onboarding and identity verification flow for users joining the exchange, and to power payments for people adding funds to their accounts.

11 March 2022

Company update/security

ACI Worldwide unveils fraud scoring tech

ACI Worldwide (NASDAQ: ACIW), the global leader in mission-critical, real-time payments software, today announced the launch of ACI Fraud Scoring, an industry-first fraud scoring platform delivering next-generation machine learning capabilities for financial institutions of all sizes to deliver real-time fraud detection and prevention.

09 March 2022

News/cloud

US Bank picks Microsoft Azure for cloud migration

US Bank says it is making a "substantial" investment in modernising its technology foundation by choosing Microsoft Azure as its primary cloud provider for its applications.

24 February 2022

News/startups

ING Labs spinout raises $16m for AI-powered search engine software

ING Labs spin-out startup SeMI Technologies has raised $16 million for its open-source Weaviate vector-search database.

23 February 2022

Company update/retail

VTB brings machine approval to electronic signatures

In order to optimize business processes, VTB bank has developed and implemented a technology that made it possible to speed up the exchange, processing and signing of legally binding electronic bank documents.

14 February 2022

Research/Machine learning

The Future of Regulation 2022

07 February 2022 1113 downloads

News/markets

Humans trump AI at making money in financial markets - study

Humans still have the edge over artificial intelligence when it comes to making money in the financial markets, according to a new paper which raises questions about previous research into the topic.

03 February 2022

News/payments

Mastercard launches virtual card for instant B2B payments

Mastercard has unveiled a virtual card offering that uses machine learning and straight-through processing for instant payment of supplier invoices.

21 January 2022

News/sustainable

City of London policy chair hails UK capital as a centre of green finance

This week, the FCA and the City of London Corporation held a demo day for its Sustainability Cohort initiative, which aims to further green the financial sector and catalyse the transition to net zero.

18 January 2022

Company update/retail

VTB Bank introduces AI to speed up client services

As the bank’s digital transformation strategy, VTB has developed a system that will speed up and improve the recognition of text requests from customers when contacting the bank through a chatbot (either via the VTB app or online).

20 December 2021

Company update/markets

Alkymi selected by Interactive Brokers to streamline client onboarding

Alkymi, the leader in data workflow automation, today announced the onboarding of Interactive Brokers Group, Inc., an automated global electronic broker that operates one of the largest electronic trading platforms by volume in the US.

14 December 2021

Research/Machine learning

Future-Ready Payments Solutions: Remaining competitive with reusable technology

09 December 2021 788 downloads

Research/Machine learning

Don’t go extinct - How Wealth Managers can remain relevant

29 November 2021 340 downloads

News/sustainable

QuantCube launches real-time indicators to track economic and environmental change

Alternative data specialist QuantCube has today launched four new real-time economic indicators, which use intelligence gathered from European Space Agency (ESA) global satellite data to track environmental change.

24 November 2021

News/startups

Justt raises $70m to take on chargeback system

Justt, a startup using machine learning to help online merchants prevent false chargebacks, has come out of stealth with $70 million in funding.

16 November 2021

Company update/regulation

EBA consults on machine learning for internal ratings-based models

The European Banking Authority (EBA) published today a discussion paper on machine learning used in the context of internal ratings-based (IRB) models to calculate regulatory capital for credit risk.

11 November 2021

News/regulation

FCA selects Aiimi’s Insight Engine for three year contract

Following an extensive evaluation and Alpha testing phase, the FCA has selected UK data firm Aiimi’s Insight Engine to improve the regulator’s data analytics.

10 November 2021