Temenos (SIX:TEMN), the banking software company, today expanded its leading financial crime mitigation product to include an AI-based Suspicious Activity Prevention solution protecting banks and their customers from fraud. Demand for financial compliance and the increasing levels of financial crime are putting huge pressure on banks. Their legacy processes have grown so complex with a high level of manual work for screening alerts and other... more Read more »
- By 2020 AI could replace the current World Poker Champion. - Studies estimate machines will write a top 40 pop song, run all telephone banking and build any Lego set within a decade. - By the century’s halfway point, AI will have written a New York Times Bestseller. - The research is revealed shortly after Google Duplex’s big unveiling. Read more »
Freelance and contractor accountancy firm Brookson, has implemented an artificial intelligence (AI) based platform that provides much deeper customer insight and is allowing it to address customer churn. Read more »
Thomson Reuters has enhanced its World-Check One platform with the launch of Media Check, a unique media screening and processing feature powered by artificial intelligence (AI) that helps address the regulatory and reputational consequences of overlooking key data in the fight against financial crime. Media Check’s machine learning capability increases efficiency by filtering unstructured content from over 11,000 global print and web sources,... more Read more »
LitiGate, a Tel Aviv-based legal tech venture, is collaborating with three leading law firms to further develop and test a litigation platform that uses artificial intelligence ('AI') to automate legal research and argument assessment in relation to High Court applications. Taylor Wessing, Baker McKenzie and Mishcon de Reya (MDR LAB) have been approached to collaborate with LitiGate for their extensive experience in dispute resolution and... more Read more »
Hitachi Vantara, a wholly owned subsidiary of Hitachi, Ltd. (TSE:6501), today introduced new innovations to drive data center modernization. Hitachi unveiled new high-performance storage systems in the industry's only storage family with a 100% data availability guarantee, and integrated, and cross-platform AI-powered analytics and IT automation software. Read more »
Xceptor, a global provider of software for intelligent data automation, today announced two strategic appointments following a period of unprecedented growth that has seen the company revenues increase by 57% in the last year alone. The new hires will also underpin its ambitious expansion plans into the US, where it is seeing strong demand for its services. Read more »
Bezant– a decentralized payment and service platform that helps content creators, influencers, and e-commerce merchants reach their target audiences with fast, secure, and reliable payment solutions – today announces that it reached its pre-sale target of US$16.8m just over an hour after the token sale was opened for participation at 10:00am (SGT) on May 3, 2018. By the time it concluded, Bezant’s token pre-sale had received 7.5 times more... more Read more »
Major conference on AI, ML and Sentiment Analysis in Finance, London, 27 - 28 June 2018 Read more »
OpenText™, the global leader in Enterprise Information Management (EIM), today announced OpenText Release 16 Enhancement Pack 4 (EP4). This release further extends security, artificial intelligence (AI), the internet of things (IoT), and cloud support into the market-leading OpenText EIM platform. Read more »
The highly-anticipated Global Mobile Internet Conference (GMIC) opened in Beijing on April 26. Now in its tenth year, GMIC has become the world's most influential mobile internet business platform. AI leaders including Geoffrey Hinton, Michael I. Jordan and Yann Lecun were present at the event. Ping An Technology CEO Ericson Chan was invited to deliver a keynote speech on the application of AI in the financial and medical sectors at the main... more Read more »
Synechron, the global financial and technology services provider, was awarded Best in Artificial Intelligence by Markets Media in its Market Choice Awards for “Neo,” Synechron’s suite of AI-powered Accelerators. The program leverages advanced AI techniques to help financial institutions address complex business challenges. Additionally, Synechron’s US Blockchain Lead, Tim Coates, was recognized with the Rising Star Award for his contributions to... more Read more »
Appian and KPMG LLP today announce an expansion of their strategic alliance. Read more »
The use of artificial intelligence (AI) and machine learning (ML) in financial services (FS) is on the rise, with 83% of banks having evaluated AI & ML solutions, and 67% having actively deployed them, according to a new study out today. Read more »
At its FICO World 2018 conference in Miami Beach, analytics software firm FICO unveiled several solution upgrades that will help banks, lenders, fintechs and other institutions fight financial crime. These solutions bring unparalleled efficiency and machine learning capabilities to fraud, risk and compliance professionals. Read more »
