hunterAI Receives Vizient Contract for Price Transparency Analysis Services
- 1 year 8 months ago
- Artificial Intelligence
hunterAI, which specializes in deep spend data categorization, spend transparency, and savings insights, today announced it has received a contract for its analytics dashboard services from Vizient, the nation’s largest member-driven healthcare performance improvement company whose membership represents more than $130 billion in annual purchasing volume. The agreement is effective May 1.
24/04 – Weekly Fintech Recap
- 1 year 9 months ago
- Artificial Intelligence, Blockchain, Insurtech, RegTech, Security and Compliance, Payments, Banking, M&A Deals, People Moves
Partnerships Aevi and XAC Partnership Brings Future-proof Payment Solutions to ISOs
Data Science Salon Brings the New York City AI and Machine Learning Community Back Together on June 7th and 8th
- 1 year 9 months ago
- Artificial Intelligence
Data Science Salon, the most diverse data science community in the US, is excited to announce two all-day events in NYC, NY on June 7th and 8th, 2023 focusing on state-of-the-art AI and machine learning applications.
Smart Engines Launches AI Scanner for Handwritten Credit Card Numbers
- 1 year 9 months ago
- Artificial Intelligence
Smart Engines has launched an AI solution for reading credit card numbers recorded in any format. Banking customers simply point their smartphone camera at a printed or handwritten credit card number to make a transfer or pay for a purchase at a point of sale. The neural network recognises the number combination in real-time and automatically enters it into the payment form. The user only has to confirm the transaction.
Malta-based Finance Incorporated Limited Launches ThetaRay AI Transaction Monitoring Solution
- 1 year 9 months ago
- Artificial Intelligence
Finance Incorporated Limited, a gateway provider of electronic money services, announced today it has selected ThetaRay AI-powered transaction monitoring technology to further strengthen its AML framework and grow business alongside increasing volumes of transaction data.
SEA FinTech Has Only a 3.1% Penetration of AI & ML
- 1 year 9 months ago
- Artificial Intelligence
In 2022, the share of FinTech companies in the SEA region officially using AI and ML technologies in their stack reached 3.09% (807 out of 26,105 companies), steadily increasing from 2.88% in 2020 and from 3.03% in 2021.
Cashflows Launches AI-powered Fast Onboarding to Streamline Merchant Onboarding
- 1 year 9 months ago
- Artificial Intelligence
Cashflows, the platform that makes it easy for merchants to accept payments, today launches Fast Onboarding. The new service reduces the time it takes for a merchant to be onboarded, whether directly or via a partner, making the process as easy and streamlined as possible without cutting corners on regulatory compliance or compromising on KYC and AML.
Elon Musk Joins AI Experts and Industry Executives in Urging a Pause in Advanced AI Development
- 1 year 9 months ago
- Artificial Intelligence
Elon Musk, along with a group of artificial intelligence experts and industry executives, is calling for a six-month pause in the development of systems more powerful than OpenAI's newly launched GPT-4. The open letter, issued by the non-profit Future of Life Institute and signed by over 1,000 individuals, cites potential risks to society and humanity as reasons for the call to action.
Zone Adopts ThetaRay AI Solution to Monitor and Screen Payments in Nigeria
- 1 year 9 months ago
- Artificial Intelligence
Zone (formerly Appzone), Africa’s first regulated layer-1 blockchain network for payments, and ThetaRay, a leading provider of AI-powered transaction monitoring technology, today announced they will collaborate to implement ThetaRay’s cloud-based SONAR solution to monitor and screen Zone’s transactions in Nigeria for illicit activities and sanctions violations.
No Evidence of Responsible AI Activity in Eight of the World’s Largest Banks
- 1 year 10 months ago
- Artificial Intelligence
Banks across North America and Europe are failing to publicly report on their approaches to responsible AI development, according to research from Evident, an independent intelligence platform that seeks to accelerate the successful adoption of AI in business.
Ondato Makes its Fully AI-powered OCR Engine Available to All ID Vendors
- 1 year 10 months ago
- Artificial Intelligence
Ondato, a technology company that streamlines AML and KYC processes, has begun marketing its highly accurate, AI-powered OCR (Optical Character Recognition) technology as a stand-alone solution for other ID vendors. Ondato’s OCR automatically identifies and uses relevant personal information from identity documents during onboarding.
20/03 – Weekly Fintech Recap
- 1 year 10 months ago
- Artificial Intelligence, Payments, Banking, FinTech StartUps, M&A Deals, People Moves
Partnerships AllianceBernstein Selects Aiviq for Client AUM and Flow Data Products and Services
PwC UK Picks AI Quality Leader TruEra to Collaborate on AI Risk Management
- 1 year 10 months ago
- Artificial Intelligence
TruEra, which provides the first suite of AI Quality management solutions to test, explain, debug and monitor Machine Learning (ML) models, announced today that it has been selected by PwC to collaborate on AI Risk Management in the UK and Ireland.
Thought Machine to Increase Global Headcount by More than 20% in Next Phase of Growth Plans
- 1 year 10 months ago
- Artificial Intelligence
Thought Machine, the cloud-native banking technology company, today announces the next phase of its expansion plans, in which it will increase its global headcount by more than 20% in 2023, which includes hiring in India, Japan and South Africa for the first time.
Dubai International Financial Centre Chooses Napier to Provide Client Screening Capabilities
- 1 year 10 months ago
- Artificial Intelligence
Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa and South Asia (MEASA) region, has chosen anti-financial crime compliance specialist Napier to upgrade the screening services they employ with Napier Client Screening.
