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Latest Results from /ai

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Mastercard and bunq forge AI open banking partnership

Mastercard and bunq have announced their partnership to create an open banking and AI tool at Money 20/20 Europe.

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Swift to pilot AI in fight against fraud

Banking co-operative Swift is working with global banks on AI pilots to tackle cross-border payments fraud.

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Pay.UK hails fraud detection pilot results

Pay.UK says a fraud detection pilot involving Visa has exceed expectations, suggesting that it could save the country's economy over £112 million a year.

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EBAday 2024: 100 banks registered and ready to fuel the payments technology conversation

Q. What does the payments sector look for in a conference? A. The number of banks registered to attend and the number of bank speakers on the agenda, ready to openly communicate to the audience how they are currently leveraging technology.

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Rich Data Co. signs first US bank client

Australian AI decisioning platform for bank business lending, Rich Data Co., has signed its first major US deal with M&T Bank Corporation.

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BBVA inks OpenAI deal to bring ChatGPT to employees

Spanish banking group BBVA is stepping up its use of artificial intelligence, signing a deal with OpenAI to start rolling out ChatGPT to thousands of employees.

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Barclays invests in former Rise Academy alumni Velotix

AI-based data security platform Velotix has secured funding from Barclays Bank and Capri Ventures.

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Mastercard takes GenAI to the Dark Web

Mastercard is using generative AI to double the speed at which it can detect potentially compromised cards.

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AI should be trained to respect a regulatory 'constitution' says BofE policy maker

Innovative AI models should be trained to respect a ‘constitution’ or a set of regulatory rules that would reduce the risk of harmful behaviour, argues a senior Bank of England policy maker.

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EFG Hermes acquires minority stake in Danish fintech Kenzi Wealth

Middle Eastern investment bank EFG Hermes has acquired a minority stake in Danish fintech Kenzi Wealth.

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JPMorgan to give AI training to all new hires

JPMorgan is to give AI training to all new employees, as the bank seeks to cement its reputation as an AI powerhouse.

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Kudos raises $10.2m for AI-powered smart wallet

Kudos has raised $10.2 million in a Series A funding round led by QED Investors for its AI-powered smart wallet and shopping assistant.