Al-Ansari Exchange partners with Pelican to introduce AI-based financial crime compliance solution
- 4 years 7 months ago
- Artificial Intelligence, Payments
Al Ansari Exchange, the UAE-based foreign exchange and worldwide money transfer company, today announced its strategic partnership with Pelican, a global company that has pioneered the practical application of AI technology to enhance, streamline and secure the payment cycle and ensure financial crime compliance.
Finantix acquires InCube, a Swiss AI and data science company dedicated to wealth management and insurance
- 4 years 8 months ago
- Artificial Intelligence, Wealth Management, Banking
Finantix, the leading global provider of trusted technology to the wealth management, insurance and banking industries, today announced the execution of a binding agreement for the acquisition of InCube Group AG. The Zürich-based firm boasts an interdisciplinary team of Artificial Intelligence (AI) specialists, quant and software engineers and finance experts that provide data-driven, AI-enabled products and solutions to wealth management and... more
Active.Ai makes conversational banking available to Finastra customers via FusionFabric.cloud
- 4 years 8 months ago
- Artificial Intelligence, Banking
Finastra customers can now consume Active.Ai’s conversational AI retail banking app via the FusionStore. Banks and credit unions will be able to quickly deploy AI avatars to engage their customers and members 24x7 in the banking channel of their choice.
Avaloq partners with ABAKA to deliver AI-powered digital banking solutions
- 4 years 8 months ago
- Artificial Intelligence, Banking
ABAKA and Avaloq have announced a strategic partnership where ABAKA will join the Avaloq.one Ecosystem to collaborate on building new AI platforms and digital solutions for client banks of Avaloq around the world. This latest addition to the ecosystem follows ABAKA’s successful Series A funding round which saw the firm raise USD 6.5 million – one of the biggest investments in technology for the pensions and retirement market.
Sambat Finance Partners with TurnKey Lender to digitally transform their lending business
- 4 years 8 months ago
- Artificial Intelligence, SaaS
TurnKey Lender, an award-winning provider of decision management and lending automation solutions, has closed a deal with the leading financial institution in Cambodia, SAMBAT Finance.
Visa Teams Up with Clinc
- 4 years 8 months ago
- Artificial Intelligence
Clinc today announced a partnership with Visa to bring Clinc’s conversational AI banking experience to financial institutions and banking customers around the globe.
Sidetrade plans £30 million investment in Artificial Intelligence
- 4 years 8 months ago
- Artificial Intelligence
Sidetrade (Euronext Growth: ALBFR.PA), the Artificial Intelligence platform dedicated to accelerating company revenue and cashflow, has announced the opening of its new Tech Hub in UK, with a projected investment of £30 million, and plans for 70 new tech jobs in the group.
UK Research: Unsecured Borrowers Favour Banks and Brands Amid Brexit Limbo
- 4 years 8 months ago
- Artificial Intelligence, Banking
Against a backdrop of political and economic uncertainty, UK borrowers turned to established and familiar lenders in 2019, according to a new research report* launched today by Equiniti Credit Services and Credit Kudos.
How Emerging Technological Trends Like AI, Machine Learning and Automation Are Reinventing An Entire Industry
- 4 years 8 months ago
- Artificial Intelligence, Machine Learning
More than two-thirds of insurance carriers will invest in predictive analytics and artificial intelligence over the next two years. Sixty percent of carriers will invest in automation, and more than half will invest in machine learning. The technological revolution in insurance isn’t just a thing of the future. It’s already here.
Mode selects Onfido to deliver highest degree of compliance and user experience
- 4 years 9 months ago
- Artificial Intelligence
Onfido and Mode, the UK’s new mobile banking app for everyday investors to buy, store and manage Bitcoin, have announced their partnership, empowering Mode’s mobile application to seamlessly verify and connect UK and European citizens to a thriving Bitcoin market.
Fintech Workforce to Expand 19% by 2030 Thanks to AI, Cambridge University Predicts
- 4 years 9 months ago
- Artificial Intelligence
In a recent report, the Cambridge Centre for Alternative Finance (CCAF) and the World Economic Forum (WEF) found that rather than observing AI as a single instrument for blanket application across the industry, AI can be viewed as a toolkit that is being used to tinker and build services in an abundance of ways to achieve a variety of objectives.
Kasisto Raises a Further $22 Million for Conversational AI
- 4 years 9 months ago
- Artificial Intelligence
Chatbot developer Kasisto has closed a $22 million Series B extension financing, bringing the total amount raised by the New York-headquartered company in this funding round to $51 million. With a mission to 'humanise the digital banking experience' Kasisto's conversational AI has found favour with a crop of top tier institutions, including DBS Bank, JPMorgan Chase, Mastercard, Standard Chartered, TD, and Manulife Bank. The new funding comes at... more
Yseop launches Augmented Analyst, the next-generation AI NLG platform revolutionizing intelligent reporting automation
- 4 years 9 months ago
- Artificial Intelligence
New NLG Platform offers large financial and pharmaceutical firms a radically new approach to fast-track complex report automation and deliver significant ROI Yseop, the world-leading AI software company and pioneer in Natural Language Generation (NLG), today announced the launch of Augmented Analyst, a new enterprise-wide NLG automated report generation platform. Augmented Analyst is designed to help financial and pharmaceutical companies... more
Yseop Launches Augmented Analyst
- 4 years 9 months ago
- Artificial Intelligence
Yseop, the world-leading AI software company and pioneer in Natural Language Generation (NLG), today announced the launch of Augmented Analyst, a new enterprise-wide NLG automated report generation platform. Augmented Analyst is designed to help financial companies accelerate their digital transformation.
Encompass receives £1.97m grant to develop AI tool for the financial services sector
- 4 years 9 months ago
- Artificial Intelligence
Glasgow-based regulatory technology (regtech) firm Encompass has received a £1.97m research and development (R&D) grant from Scottish Enterprise to develop an Artificial Intelligence (AI) Platform for its financial services clients, it was announced by First Minister Nicola Sturgeon today. The funding is part of a project with a total value of £4.9m, which will create 33 new high-value RegTech jobs in the city.
