Artificial Intelligence

bunq and Onfido renewed partnership to provide onboarding experience with trusted identity verification

Onfido, the global identity verification provider, today announced a renewed partnership with European challenger bank, bunq. Onfido will continue to deliver market leading AI-powered identity verification and will expand to provide a fast and seamless user re-authentication solution to bunq users. Scaling AI-enhanced identity verification Read more »

Mexican SMB Lender Konfio Lands $100 Million in Funding

Mexican small business lender Konfio has completed a $100 million funding round led by SoftBank's Latin American fund. Vostok Emerging Finance also supported the funding round along with other existing investors QED and Kaszek Ventures. Founded in 2014, Konfio uses technology, data analytics, and artificial intelligence to provide funding for companies, many without any formal credit history. Read more »

BBVA to Leverage Intel Partnership for Data Mining and AI

BBVA has added Intel to its roster of partnerships with top tech firms, following similar agreements with Cisco, Red Hat, Salesforce, Amazon Web Services and IBM. The agreement establishing Intel as BBVA’s priority partner is part of a series of strategic, global alliances that the Group is formalising with tech leaders. Read more »

Trescon’s World AI Show Showcases Thailand’s AI Potential for the Future

Ever since the true essence of artificial intelligence started to dawn on the world, regional governments and enterprises are seizing the AI opportunity by reaping the maximum benefits from deploying the radically transformative technology. One of South East Asia’s largest markets, Thailand is not far behind in the global race for AI leadership and is starting to double its efforts to drive breakthroughs in AI-based technologies. Read more »

Latest Version of the Appian Low-code Platform Now Available

Appian (NASDAQ: APPN) today announced the latest version of the Appian Platform. The new release of the low-code application development platform increases the speed and business impact of low-code automation for developers, administrators, and end-users. Read more »

New Artificial Intelligence and Machine Learning Platform for Reconciliation, Matching and Exception Management Operations Introduced by Broadridge

Broadridge Financial Solutions, Inc. (NYSE:BR), a global Fintech leader and part of the S&P 500® Index,today announced the launch of Broadridge Data Control Intelligent Automation, a new artificial intelligence (AI) and machine learning (ML) platform built to be deployed across industry-wide reconciliation, matching and exception management applications. Read more »

Bokio, the Swedish startup simplifying accountancy with AI, raises €4M round led by Creandum

Bokio, the Swedish based startup which utilises artificial intelligence to simplify bookkeeping for small businesses, sole traders, and freelancers, has raised €4M. Read more »

Napier Recognised in the Regtech 100 List for 2020

London-based Regtech firm Napier, specialists in AI for compliance and AML, announced today that it has been recognised in the 2020 edition of the annual RegTech 100 list of the world’s most innovative RegTech companies. The RegTech 100 list acknowledges companies for their innovative use of technology to solve a significant industry problem, or to generate cost savings or efficiency improvements across the compliance function. Read more »

TruNarrative partners with French AI firm Bleckwen to expand its financial crime solution

Leeds-headquartered TruNarrative has added French fraud detection and prevention specialist, Bleckwen, to its industry-leading financial crime platform. The latest partnership with the French firm will enable the integration of Bleckwen’s sophisticated dynamic behavioural analytics service – powered by real-time explainable Artificial Intelligence (AI) – into the brand’s existing financial crime and onboarding solution. Read more »

City of Tampere and Tieto develop AI-IoT test solution for pedestrian traffic safety

The City of Tampere, Finland and Tieto, a leading Nordic IT services and software company, have developed a solution to improve the urban traffic safety of pedestrians. Utilizing artificial intelligence (AI) and Internet of Things (IoT) technology, the test solution can automatically detect when a pedestrian is planning to cross the street at an intersection. An alert can be relayed to automatic traffic signs, and in the future even directly to... more Read more »

DataRobot Partners with Kx to Unleash AI-Driven Solutions By Extending Time Series Capabilities

DataRobot, the leader in enterprise AI, has partnered with Kx to offer financial institutions and IoT-driven industries a comprehensive, scalable high-performance solution for applying AI to time series data. Read more »

Standard Chartered and Quantexa Join Forces to Tackle Financial Crime with Contextual Decision Intelligence

Standard Chartered has partnered with Quantexa, the contextual decision intelligence software company, to amplify its anti-financial crime efforts globally.   Read more »

Highlights from World AI & RPA Show

“While we welcome AI, we should also realise its implications and consequences”, says Suresh Prabhu at World AI & RPA Show Read more »

Nutmeg Expands Human-Led Service in Ongoing Bid for Profitability

Nutmeg's head of advice Lisa Caplan has spoken to Finextra about the continued expansion of its digital wealth management offering beyond the automated investment platform for which its known. The UK robo-adviser launched a financial planning service in late September to provide new and existing customers with guidance about their current financial situation and plans for the future. This is distinct from the regulated automated advisory service... more Read more »

Jumio Launches Real-Time Verification Solution, Powered Exclusively by AI

Jumio, the leading AI-powered trusted identity as a service provider, today announced the beta release of Jumio Go, the company’s first real-time, fully automated identity verification solution. It is designed to remove friction from the user onboarding process, while still fighting online identity fraud and meeting AML and KYC compliance mandates. Read more »

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