Artificial intelligence (AI) is a technology which is admired, feared and — some would say — hyped. Certainly AI has come a long way since its beginnings in the 1940s, when computer scientists began to create algorithms that could, to some extent, mimic human intelligence. Now, Alexa and Siri are part of daily life, we use chatbots to check our bank balance or choose a credit card and we are exposed to AI-selected adverts online daily as a matter of course. 

Global fintech leader Avaloq has announced that 12 financial institutions have signed up to its dedicated Second Payment Services Directive (PSD2) solution to meet the 14 March deadline. The firm launched the service at the end of last year to help banks and wealth managers meet the requirements of ꟷ and capitalise on ꟷ PSD2 and the need to work seamlessly with third party payment service providers.

Car buyers in the UK are finding more of their financing online. That data comes from the second annual survey on auto financing conducted by leading analytic software firm FICO, which showed that:

Figures from the annual BRC Retail Crime Survey out today report an exponential increase in ecommerce fraud, specifically fraudulent Card Not Present (CNP) refunds.

KRM22 Plc, the technology and software investment company, with a particular focus on risk management in capital markets, today announces that its market surveillance product, Irisium, has been selected by Quoine, a global fintech company. Irisium will be integrated on Liquid, a Quoine platform.

Leading global technology provider CodeGen will showcase its innovative TravelBox reservation and sales system at Arabian Travel Market Dubai (28 April – 1 May 2019). 

The integrated technology – which is used by major tour operators, DMCs, airlines, cruise companies and attraction providers around the world – is expected to be one of the stars of the show for delegates from the Middle East’s biggest travel firms.

Bittium SafeMove® secure connectivity software has been successfully implemented at Worcestershire Health and Care NHS Trust to ensure its 2000 community nurses with simple and secure remote access to critical clinical systems. With SafeMove®, community care workers equipped with Windows and Android devices, enjoy secure, hassle-free access to all needed applications via the Trust’s network, at the point of care.

Circit, the innovative audit confirmation platform, is pleased to announce it has been granted registration as an Account Information Service Provider (“AISP”) by the Central Bank of Ireland (“CBI”). Regulation by CBI paves the way for Circit to connect auditors with independent sources of audit evidence held by the banks of their client companies.

EMVCo has announced it will host a free-to-attend, open education session on EMV® Secure Remote Commerce (SRC) during a half-day event co-located with ETA TRANSACT in Las Vegas. The session will take place on Thursday 02 May from 14:00 - 17:00 at the Mandalay Bay Hotel and registration is available through the EMVCo website

After undertaking a significant due-diligence process, Sova Capital Prime Services is pleased to announce that it has selected IRESS as its chosen 3^rdparty Order Management System (“OMS”), as well as its post-trade processing and middle office technology provider. This front-end technology will feed all trading data into Sova Capital’s back-office system – Calypso, and onwards to Sova Capital’s proprietary owned back-office reporting product – Sova smart, an online reporting and middle-office trade entry tool for clients.