Launches GenAI Tool to Support Financial Services Firms With DORA Compliance of Contracts
- 2 days 4 hours ago
- Artificial Intelligence
adesso, a leading global IT services provider, is rolling out a new generative AI tool to help financial services firms review contracts in adherence with the European Union's Digital Operational Resilience Act (DORA) directive.
Quod Financial Selects QuantHouse Market Data to Enhance Its AI-Driven Trading Platforms
- 4 days 4 hours ago
- Artificial Intelligence, Trading Systems
Iress today announced that its QuantHouse division has entered into a strategic global partnership with Quod Financial, a leading provider of multi-asset trading technology.
Global Relay Announces Integration With OpenAI's ChatGPT Enterprise Compliance API
- 5 days 5 hours ago
- Artificial Intelligence
Global Relay, the leading provider of communications compliance solutions for regulated industries, announces its integration between OpenAI’s ChatGPT Enterprise Compliance API and Global Relay’s financial compliance platform.
MAS Commits up to S$100 Million to Support Quantum and Artificial Intelligence Capabilities in the Financial Sector
- 1 week 2 days ago
- Artificial Intelligence
The Monetary Authority of Singapore today announced that it will commit an additional S$100 million under the Financial Sector Technology and Innovation Grant Scheme to support financial institutions in building capabilities in quantum and artificial intelligence (AI) technologies, as well as enable the advancement of quantum and AI related innovation and adoption in financial services. Catalysing the development of quantum capabilities in the... more
AI Could Untap £119 Billion Worth of Productive Work Annually Across UK Large Enterprises
- 1 week 4 days ago
- Artificial Intelligence
Workday, Inc, a leading provider of solutions to help organisations manage their people and money, today published The UK Productivity Gap: How AI can unlock workplace potential
GFT AI Impact 1.0: Time Savings of Up to 90 Percent in the Software Development Life Cycle
- 1 week 4 days ago
- Artificial Intelligence
The journey of creating software is long, complex, fragmented, and involves dozens of separate tools. Embedded Artificial Intelligence solutions can streamline this process. In pilot projects with Latin American tier 1 banks GFT's AI Impact has demonstrated significant efficiency improvements in software development:
UAE’s Artificial Intelligence Office, Mastercard and First Abu Dhabi Bank launch joint AI Challenge
- 2 weeks 1 day ago
- Artificial Intelligence
The UAE’s Artificial Intelligence, Digital Economy and Remote Work Applications Office, the Mastercard Center for Advanced AI and Cyber Technology in Dubai, and First Abu Dhabi Bank (FAB) have announced the launch of their inaugural AI Challenge.
Announcing AWS App Studio, the Fastest and Easiest Way to Build Applications
- 2 weeks 2 days ago
- Artificial Intelligence
At AWS Summit New York, Amazon Web Services, Inc. (AWS), an Amazon.com, Inc. company, announced AWS App Studio, a generative artificial intelligence (AI)-powered service that uses natural language to create enterprise-grade applications.
Banco Santander and Google Launch Free Artificial Intelligence Course
- 2 weeks 4 days ago
- Artificial Intelligence
Banco Santander and Google have reached an agreement to offer a free artificial intelligence (AI) course for anyone over the age of 18 the world over.
Tonik and Gupshup Collaborate on Generative AI Chatbot for Digital Banking Innovation
- 3 weeks 3 days ago
- Artificial Intelligence, Digital banking
Gupshup, the world's leading Conversation Cloud today announced its partnership with Tonik Bank, the first digital-only neobank in the Philippines, to develop a state-of-the-art Generative AI chatbot for Tonik's mobile app. The innovative solution aims to provide Tonik's customers with instant and accurate answers to frequently asked questions, revolutionizing the way they interact with their bank.
Medius Unveils Two Groundbreaking AI Solutions to Revolutionize Accounts Payable Efficiency
- 4 weeks 1 day ago
- Artificial Intelligence
Medius, a leading provider of AI-driven solutions for Accounts Payable (AP) automation, today announces the launch of two innovative products: Medius Copilot for Accounts Payable Automation (APA) and Medius Supplier Conversations.
Virgin Money’s AI-Powered Virtual Assistant, Redi, Now Available for Current Account Customers
- 1 month 1 day ago
- Artificial Intelligence
Virgin Money’s AI-powered virtual assistant, Redi, is being expanded to more customers, having already supported over one million conversations since its launch in March 2023. The intuitive, easy-to-use chat function is now available 24/7 for personal banking customers who manage their current accounts via the app, following the success it’s had with helping credit card customers over the last year.
AI to Transform the Future of Finance: Citi GPS Report Projects $2 Trillion in Global Banking Profits by 2028
- 1 month 6 days ago
- Artificial Intelligence
Artificial Intelligence (AI) is poised to revolutionize the finance industry, potentially driving global banking profits to an astonishing $2 trillion by 2028, according to a newly released Citi GPS report. This represents a 9% increase in profits over the next five years, marking a significant milestone in the financial sector.
UBS Introduces Framework to Size and Seize the AI Investment Opportunity
- 1 month 1 week ago
- Artificial Intelligence
The launch of ChatGPT marked a watershed moment for AI and its adoption, and the range of problems that AI can address keeps growing at a quick pace. In its new report Artificial intelligence: Sizing and seizing the investment opportunity, UBS GWM’s CIO outlines a value chain led framework for the investable AI universe, describing the value creation in the AI industry from a bottom-up perspective.
nCino Deploying Banking Advisor, a Generative AI Solution to Drive New Efficiencies in Financial Institutions
- 1 month 1 week ago
- Artificial Intelligence
nCino, Inc., a pioneer in cloud banking for the global financial services industry, today made generally available its new artificial intelligence (AI) solution, Banking Advisor.
