Artificial Intelligence

QuantaVerse Supports Financial Institutions Facing Financial Crime Investigator Scarcity Due to COVID-19

QuantaVerse, which uses AI and machine learning to automate financial crime investigation processes, is now offering new adaptations of the QuantaVerse Alert Investigator for financial institutions that may face emergency shortages of financial crime investigators due to the COVID-19 outbreak. Read more »

Bank of China teams up with Refinitiv to launch new foreign exchange price prediction app DeepFX

Bank of China has launched DeepFX, an artificial intelligence-based foreign exchange trading signal prediction application through Eikon, the first released third-party Eikon app from a China based financial institution. Read more »

Personetics partners with the Avaloq.one Ecosystem

Avaloq and Personetics are entering into a strategic partnership to connect Avaloq’s global banking clients with Personetic’s AI-powered personalized engagement solutions. Personetics, the leading global provider of data-driven and personalized engagement solutions powered by artificial intelligence (AI) for bank customers, is joining the Avaloq.one Ecosystem, Avaloq’s open banking marketplace bringing together financial institutions and... more Read more »

Mobey Forum to Address Data Privacy and Innovation in the Age of AI with new Expert Group

Mobey Forum, the global industry association empowering banks and financial institutions (FIs) to shape the future of digital financial services, today announces the formation of a new Expert Group to address how banks and other financial institutions (FIs) can strike the balance between data privacy, security and innovation in the age of Artificial Intelligence (AI). Read more »

ManoMano halves its invoice processing times with Yooz AI software

ManoMano, the company digitalizing the European DIY market, chooses Yooz, the company digitalizing the European market for purchasing and accounting processes, to automate its invoices to suppliers. ManoMano: the European leader in online DIY, home improvement and gardening Read more »

Strands Joins Oracle Marketplace to Help More Banks Embrace AI

Strands will now offer its product suite on Oracle’s Banking-as-a-Service platform, allowing financial institutions of all sizes to leverage the Open Banking framework Read more »

Absa Regional Operations Selects KAI to Deliver Groundbreaking Digital Experiences to its Customers across Africa

Kasisto, creators of KAI, the leading digital experience platform for the financial services industry and Blue Turtle Technologies (Blue Turtle), South Africa’s leading enterprise technology partner, have announced that Absa Group Limited’s subsidiaries outside of South Africa, collectively known as Absa Regional Operations (ARO), have selected and deployed KAI, Africa’s first Conversational AI powered virtual banking assistant. Read more »

NexBotix launches to help businesses automate key processes and see benefits in as little as 30 days

NexBotix, the Robot-Process-Automation (RPA) service, has officially launched in the UK. With a managed dashboard solution applied to specific business objectives, it means that only the right processes are automated and ROI can be delivered in as little as 30 days. Read more »

Al-Ansari Exchange partners with Pelican to introduce AI-based financial crime compliance solution

Al Ansari Exchange, the UAE-based foreign exchange and worldwide money transfer company, today announced its strategic partnership with Pelican, a global company that has pioneered the practical application of AI technology to enhance, streamline and secure the payment cycle and ensure financial crime compliance. Read more »

Finantix acquires InCube, a Swiss AI and data science company dedicated to wealth management and insurance

Finantix, the leading global provider of trusted technology to the wealth management, insurance and banking industries, today announced the execution of a binding agreement for the acquisition of InCube Group AG. The Zürich-based firm boasts an interdisciplinary team of Artificial Intelligence (AI) specialists, quant and software engineers and finance experts that provide data-driven, AI-enabled products and solutions to wealth management and... more Read more »

Active.Ai makes conversational banking available to Finastra customers via FusionFabric.cloud

Finastra customers can now consume Active.Ai’s conversational AI retail banking app via the FusionStore. Banks and credit unions will be able to quickly deploy AI avatars to engage their customers and members 24x7 in the banking channel of their choice. Read more »

Avaloq partners with ABAKA to deliver AI-powered digital banking solutions

ABAKA and Avaloq have announced a strategic partnership where ABAKA will join the Avaloq.one Ecosystem to collaborate on building new AI platforms and digital solutions for client banks of Avaloq around the world. This latest addition to the ecosystem follows ABAKA’s successful Series A funding round which saw the firm raise USD 6.5 million – one of the biggest investments in technology for the pensions and retirement market. Read more »

Sambat Finance Partners with TurnKey Lender to digitally transform their lending business

TurnKey Lender, an award-winning provider of decision management and lending automation solutions, has closed a deal with the leading financial institution in Cambodia, SAMBAT Finance. Read more »

Visa Teams Up with Clinc

Clinc today announced a partnership with Visa to bring Clinc’s conversational AI banking experience to financial institutions and banking customers around the globe. Read more »

Sidetrade plans £30 million investment in Artificial Intelligence

Sidetrade (Euronext Growth: ALBFR.PA), the Artificial Intelligence platform dedicated to accelerating company revenue and cashflow, has announced the opening of its new Tech Hub in UK, with a projected investment of £30 million, and plans for 70 new tech jobs in the group. Read more »

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