27 March 2017
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Latest artificial intelligence news

SIX and IBM to build Watson-powered cyber-security hub
Wholesale banking

SIX and IBM to build Watson-powered cyber-security hub

24 March 2017  |  4438 views  |  0 comments | 14 tweets | 12 linkedin

Swiss Financial infrastructure operator SIX is to use the cognitive computing ability of IBM Watson to build a new cyber-security hub to help banks comply with Swiss privacy laws and regulations.

Citi Ventures leads $11 million round in AI-based personal finance advocate Clarity Money

Personal finance app Clarity Money has raised a further $11 million in venture capital financing in a Series B round led by RRE Ventures and Citi Ventures.

Deutsche Bank opens New York innovation lab
Wholesale banking

Deutsche Bank opens New York innovation lab

21 March 2017  |  3669 views  |  0 comments | 10 tweets | 8 linkedin

Deutsche Bank has opened an innovation lab in New York, its fourth globally after Silicon Valley, Berlin and London.

Poland's Alior to slash branch network in 'digital disruptor' push
Mobile & online

Poland's Alior to slash branch network in 'digital disruptor' push

17 March 2017  |  5472 views  |  0 comments | 6 tweets | 5 linkedin

Poland's Alior Bank is vowing to cement its place as a leading 'digital disrupter' over the next three years, slashing the size of its branch network and pumping money into technology.

Bank of England sets up fintech Community; runs blockchain and AI trials
Start ups

Bank of England sets up fintech Community; runs blockchain and AI trials

17 March 2017  |  17588 views  |  0 comments | 33 tweets | 27 linkedin

The Bank of England's fintech accelerator programme has launched a new community forum for innovation talks and two new proof of concept trials exploring the use of AI and distributed ledgers.

BBVA opens fintech Olympics
Wholesale banking

BBVA opens fintech Olympics

15 March 2017  |  8361 views  |  0 comments | 22 tweets | 7 linkedin

BBVA has amassed a EUR200,000 prize pot for the ninth edition of its Open Talent innovation competition, which the Spanish bank is billing as the world's biggest fintech challenge.

Capital One unveils emoji-speaking SMS bot
Mobile & online

Capital One unveils emoji-speaking SMS bot

10 March 2017  |  7915 views  |  0 comments | 12 tweets | 4 linkedin

Capital One is piloting a natural language SMS chatbot that uses artificial intelligence to respond to customer questions, and even emojis.

Canadian digital receipt firm Sensibill raises funds for international push
Retail banking

Canadian digital receipt firm Sensibill raises funds for international push

02 March 2017  |  3688 views  |  0 comments | 2 tweets | 2 linkedin

Canadian digital receipt startup Sensibill is planning to move into the US and UK after raising $17.3 million in a Series A funding round led by Information Venture Partners and OpenText Enterprise Apps Fund (OTEAF).

Millions of jobs at risk in Fourth Industrial Revolution - BofE staff blog
Retail banking

Millions of jobs at risk in Fourth Industrial Revolution - BofE staff blog

01 March 2017  |  6135 views  |  2 comments | 18 tweets | 16 linkedin

Economic arguments that the use of new technologies and artificial intelligence will lead to a reallocation of human labour to more productive tasks could be seriously wide of the mark, argues a staff paper on the Bank of England's unofficial Undergound blog, which holds out the possibility that millions of jobs may be at risk in the forthcoming 'Fourth Industrial Revolution'.

Robot workers to monitor markets for abusive trading
Wholesale banking

Robot workers to monitor markets for abusive trading

28 February 2017  |  5364 views  |  0 comments | 16 tweets | 16 linkedin

Japan Exchange Group and the Tokyo Stock Exchange are looking to bring artificial intelligence to bear on determining abusive trading practices in market surveillance operations.

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