Artificial Intelligence

Calypso and 2021.AI team up to leverage AI in financial institutions

Calypso Technology Inc. and 2021.AI are joining forces in a new partnership with the aim of optimizing back-office processes for Calypso’s global client base. Combining their distinctive competencies by delivering state-of-the-art AI models and with access to 2021.AI’s Grace AI platform, Calypso continues to offer the best solutions to their clients while remaining at the forefront of the latest technologies. Read more »

DataRobot launches its First AI Investment Workflow with FactSet

FactSet (NYSE:FDS) (NASDAQ:FDS), a global provider of integrated financial information, analytical applications, and industry-leading service, and DataRobot, the leader in enterprise AI, today announced the launch of DataRobot’s first AI investment workflow, DataRobot on FactSet. Read more »

Swiss Re Group Chooses Expert System to Power Knowledge-Intensive Processes with Artificial Intelligence

Expert System announces that it has been working with Swiss Re leveraging the advanced features of Cogito®, a strategic NLU (Natural Language Understanding) technology. With Expert System's AI-driven approach, which focuses on deep knowledge understanding and data accuracy, Swiss Re will empower its digital and analytics strategy throughout the entire value chain. With an AI-driven approach that targets deep knowledge understanding and data... more Read more »

FinTech partnership strengthens position of five°degrees and W.UP in European banking and finance market

Today five°degrees; a digital core banking provider, announces its partnership with W.UP, a banking provider that uses artificial intelligence to generate digital revenue and interact with clients. As part of the partnership, W.UP: a London and Budapest based FinTech, becomes part of five°degrees Open Banking Marketplace: an interconnecting banking and finance ecosystem that enables competitors to work together to improve the end-user experience... more Read more »

Capita partners with UiPath to enhance RPA capability

Capita announces it has entered a partnership with UiPath, the world’s leading Robotic Process Automation (RPA) software provider. As Capita’s preferred provider of RPA technology, UiPath will support Capita as it strengthens its digital capabilities. Read more »

interface Powered Digital Assistant Increases Customer Acquisition by 5x for a Texas-Based Credit Union

Texas Dow Employees Credit Union (TDECU), a texas-based credit union with assets over $3 billion, implements interfaces' AI-Powered Digital Assistant, helping drive the conversion rate to 42% with first-time bankers. Coaching and guiding end-users throughout the application process, Max (TDECU's Digital Assistant ) is tailored to proactively assist all non-members to fill out their application forms. Read more »

MDOTM appoints its Advisory Board

MDOTM, the fintech startup that develops AI-driven investment strategies for institutional investors (Banks, Family Offices, Wealth and Asset Management companies), launches its Advisory Board and announces its members: Federico Ghizzoni, Chairman Rothschild Italy and former CEO Unicredit; Alida Carcano, CEO Valeur Asset Management; Marino Valensise, Head of the Multi Asset Group and Chairman of the Strategic Policy Group at Barings; Fabio... more Read more »

If AI Could Feel, it Would Fear Cyber Attacks from People

Artificial intelligence (AI) is rapidly finding applications in nearly every walk of life. Self-driving cars, social media networks, cyber security companies, and everything in between uses it. But a new report published by the SHERPA consortium – an EU project studying the impact of AI on ethics and human rights that F-Secure joined in 2018 – finds that while human attackers have access to machine learning techniques, they currently focus most... more Read more »

Brighterion and Elavon to Fight Fraud with Artificial Intelligence

While the global implementation of EMV chip technology has reduced fraud activity for card payments, the payment’s ecosystem is still battling the threat of new and emerging fraud payment schemes online. Brighterion, a Mastercard company, and Elavon, a global payments provider and subsidiary of U.S. Bank, have announced they will work together to integrate Brighterion’s advanced artificial intelligence (AI) platform into Elavon’s network to... more Read more »

YSEOP Recognized as a Representative Vendor in Gartner’s First Ever Market Guide for Natural Language Generation Platforms

YSEOP, world leader in AI software and pioneer of natural language generation technology (NLG), today announced recognition as a Representative Vendor in Gartner’s first Market Guide for Natural Language Generation Platforms*. Read more »

Deutsche Bank Wealth Management Selects Finantix KYC Solution to Empower KYC Processes with AI Tools

 Finantix, a leading supplier of transformational software to the private banking, wealth management and insurance industries globally, announced that Deutsche Bank Wealth Management has chosen its AI-powered Finantix KYC Solution to help enhance the bank’s client onboarding and know-your-client (KYC) processes. Read more »

Pinsent Masons and Innovate Finance Reveal Financial Services Customers Set to Embrace AI but Human Contact Still Vital

Customers in the UK are embracing the use of AI driven financial services (FS), with 63%  happy to use chatbots for everyday queries and over a third preferring an instant response from a chatbot over a delayed one from a human. Research carried out by Pinsent Masons and Innovate Finance demonstrates the opportunity for AI to underpin fundamental FS functions, while not losing sight that the role of the human is crucial to transform the industry... more Read more »

ICAEW Reveals How AI Will Change Corporate Deal-Making - Forever

The ability to predict and shape the long term success of global takeovers is often seen as the “holy grail” for CEOs, investors and their advisors. A new report from chartered accountancy body ICAEW and Drooms, a leading data solutions company, reveals that some key decision making may soon be taken away from humans and guided instead by the application of artificial intelligence (AI) in many stages of a deal process. Read more »

AI vendor Sidetrade Welcomes British Government Focus on Technology to Address Delayed Payments

Sidetrade, the artificial intelligence software vendor for business, welcomes the British government’s efforts to challenges around company cash culture, particularly its emphasis on using technology to address the issue of credit management. Read more »

Third of Companies adopt AI in Past Year

More than a third of companies have adopted some form of AI in the past year, according to an MHR Analytics poll. The poll revealed 38 per cent of companies have made the leap to AI or machine learning by adding the technology to their analytics approach in the past 12 months. Almost a fifth (19 per cent) of the 500 professionals polled on Twitter said their company had made ‘significant’ progress with adopting AI, and a further 19 per cent said... more Read more »

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