FIS Launches First in a New Series of AI-Enabled Risk Solutions with C3 AI for Financial Services Industry
- 3 years 6 months ago
- Artificial Intelligence, Compliance
FIS AML Compliance Hub is the first in a new line of AI-based solutions from FIS for capital markets firms. New solution uses artificial technology to aggregate and analyze client data across financial crime detection systems such as know your customer (KYC) and anti-money laundering (AML) to improve outcomes. The FIS AML Compliance Hub leverages technology from C3 AI and is the first in a new line of solutions to be developed under a new... more
Switzerland’s PostFinance Selects FICO Falcon Platform to Protect Nearly 3 Million Debit Cards with AI
- 3 years 6 months ago
- Artificial Intelligence, Payments
Analytics software firm FICO today announced that Switzerland’s PostFinance will protect nearly 3 million debit cards with the FICO® Falcon® Platform, the world’s leading AI-powered payments card protection system. PostFinance, the financial institution of Swiss Post and a systemically important bank, will use the Falcon Platform to manage suspicious behavior on customers’ accounts, including activity that may be the result of scams, which are... more
Arrow Electronics Adds Vade’s Predictive Email Security for Microsoft 365 To ArrowSphere in Europe
- 3 years 7 months ago
- Artificial Intelligence, IT Innovations
Natively integrated in Microsoft 365, Vade helps managed service providers easily extend their security offering and expand their profits through an AI-based Email security add-on Arrow Electronics, a global technology provider, and Vade, a global leader in AI-based email threat detection and response that protects over one billion mailboxes worldwide, announced a collaboration to further enhance Arrow’s security portfolio in Europe.
Green AI-based Scanning Technologies by Smart Engines were Introduced at Trianon Dialogue in Versailles
- 3 years 7 months ago
- Artificial Intelligence
Scientific company Smart Engines with its French partner Tessi presented the developments in the field of Green Artificial Intelligence at the French-Russian program for business collaborations “Trianon Startups”. The event, which took place on June 7, 2021, Versailles, was attended by CEO and Founder of Smart Engines, Ph.D. Vladimir Arlazarov.
UK Reaches Critical Mass of Homegrown AI Companies with Over 600% Growth Over The Past 10 Years
- 3 years 7 months ago
- Artificial Intelligence, Data
Today, Tech Nation, the leading growth platform for UK tech companies, releases new data on the growth of the AI tech ecosystem in the UK, ahead of an AI event hosted today in collaboration with the Office for AI and the AI Council.
Twenty7Tec Forms Strategic Partnership with AI Virtual Assistant Meet Parker
- 3 years 7 months ago
- Artificial Intelligence, Cloud
Leading mortgage technology provider Twenty7Tec today announces that it has formed a strategic partnership with Meet Parker, an Augmented Intelligence virtual assistant which will now be integrated into the CloudTwenty7 platform. Meet Parker is a customizable AI Virtual assistant that aims to streamline the mortgage process by connecting customers, advisers and lenders. Parker can be deployed in any mortgage business to field initial customer... more
Opsmatix Joins Forces with Enterprise Engineering Inc.
- 3 years 7 months ago
- Artificial Intelligence
Opsmatix, an innovative provider of AI-powered omnichannel operations automation solutions, announces a significant new partnership with Enterprise Engineering Inc. (EEI). Based in New York, EEI is a strategic consultancy firm delivering digital transformation projects to the financial services and healthcare industries.
New Report from Corinium and FICO Finds that Lack of Urgency Around Responsible AI Use is Putting Most Companies at Risk
- 3 years 7 months ago
- Artificial Intelligence, Data
Today, FICO, a global analytics software firm, released its State of Responsible AI from market intelligence firm Corinium which found that despite the increased demand and use of AI tools, almost two-thirds (65%) of respondents’ companies can’t explain how specific AI model decisions or predictions are made. The study found that the lack of awareness of how AI is being used and whether it’s being used responsibly is concerning as 39% of board... more
Community 1st Credit Union Chooses Scienaptic For Quicker, Sharper AI-Powered Credit Decisioning
- 3 years 7 months ago
- Artificial Intelligence, Credit Cards
Leading global AI-powered credit decision platform provider, Scienaptic AI announced that Community 1st Credit Union has selected its AI-powered platform to enhance and augment its credit decisioning and underwriting capabilities for new and prospective members.
Fintech CEO: Disruptions to Coinbase and Binance Highlight Need for Better Exchange Technology
- 3 years 7 months ago
- Artificial Intelligence, Blockchain, Cryptocurrencies, Data
Today, exchanges across the cryptocurrency sector, including market leaders like Binance and Coinbase, were plagued with service disruptions. According to Yahoo! Finance, Coinbase was “investigating delays in withdrawals for ethereum and ERC-20 tokens due to network congestion,” while the platform itself experienced “intermittent downtime.” Binance also announced “temporary halts on ethereum and ERC-20 withdrawals.”
ComplyAdvantage Extends Series C Round To $70 Million With New Goldman Sachs Investment
- 3 years 7 months ago
- Artificial Intelligence, Security, Data
Global data technology company transforming financial crime detection, today announced a new investment by the Growth Equity team in Goldman Sachs Asset Management. The terms of the transaction were not disclosed. The investment is an extension to the company’s oversubscribed Series C funding announced in July 2020. Goldman Sachs Asset Management joins a growing list of the company’s world-class investors including the Ontario Teachers’ Pension... more
Smart Engines Became One of the 14 Companies to Recover the Tourism Industry in Portugal in the Post-COVID-19 Era
- 3 years 8 months ago
- Artificial Intelligence, Covid-19, Digital Identity
Smart Engines, a science-driven company, is participating in an international program The Journey PT 2021 for speeding up the restart of the Portuguese tourism industry after the pandemic. The main goal of The Journey is to help solve business challenges using global innovative solutions, especially for tourism. Turismo de Portugal is featured as the main partner of the program. The Journey is organized by collaborative innovation consultancy... more
Jumio’s Automation Surpasses 1 Million Verifications Per Day as Company Celebrates 118% Increase in Revenue
- 3 years 8 months ago
- Artificial Intelligence, Security, Authentication Technology
Jumio, the leading provider of AI-powered end-to-end identity verification and eKYC solutions, today announced it is now processing more than one million daily identity verifications, the vast majority of which are completely automated. By consistently setting new records, Jumio has already cleared over 100 million different transactions so far in 2021 alone, with YTD revenue growing more than 118% year-over-year.
Onfido Reaches new Heights with Company’s Best Quarterly Revenue Earnings to Date
- 3 years 8 months ago
- Artificial Intelligence, Digital Identity
Onfido, the global identity verification, and authentication provider, today announced its best sales quarter in the company’s nine-year history, with revenue increasing 93% year-over-year. This strong momentum was attributed to another solid quarter in the United States (U.S.) and Central European markets, where revenues increased over 200% y-o-y in each region.
