KPMG UK and Blue J Expand Strategic Alliance to Introduce Generative AI Into Tax Tools
- 10 months 2 weeks ago
- Artificial Intelligence, Tax Authorities
KPMG UK and Blue J announced today that they will launch a new generative AI-powered product to answer challenging tax research questions in seconds. KPMG will have exclusive access to the tool, Ask Blue J, among the big four accountancy firms in the UK for the first three years.
Finastra’s Filogix Unveils Automated Lender Note Capabilities, Powered by Gen AI
- 10 months 2 weeks ago
- Artificial Intelligence, Lending
Finastra’s Filogix team has unveiled new generative AI (Gen AI) capabilities in its Expert Pro Canadian Mortgage Point of Sale (POS) solution. The function automates the creation of borrower narratives (notes) that aids in lender underwriting – streamlining processes, saving time and minimizing errors for brokers.
Plum’s PolicyGPT Sees Threefold Adoption; with 68% of Queries Now Being Handled Autonomously
- 10 months 2 weeks ago
- Artificial Intelligence, Insurtech
Plum, India’s leading insurtech platform offering group health insurance and business insurance solutions to over 3500+ corporations, has shared a report card of its proprietary PolicyGPT tool which was launched in April 2023.
Wolters Kluwer Analysis Shows U.S. Lenders Who Embrace Digital to be Better Positioned
- 10 months 2 weeks ago
- Artificial Intelligence, Lending
As the market watches for an anticipated drop in U.S.
Fintech Firm Revenir AI Pioneers Hassle-free Mobile VAT Reclaim for Travellers
- 10 months 2 weeks ago
- Artificial Intelligence, Tax Authorities
UK travelers will soon be able to claim back VAT on purchases made abroad automatically using their phones, thanks to a technology developed using AI. Each year more billions in VAT and similar taxes are left unclaimed by UK shoppers in Europe – because typically the recovery procedure is clunky, confusing, and difficult to access.
Ai for Alpha Integrates New Generative Artificial Intelligence into Its Investment Process
- 10 months 3 weeks ago
- Artificial Intelligence, Asset Management
Ai for Alpha, a leading fintech company specializing in leveraging machine learning for advanced investment strategies, announces the integration of Gen AI into its asset management models.
Revolut Launches AI Feature to Protect Customers from Card Scams and Break the Scammers "Spell"
- 10 months 3 weeks ago
- Artificial Intelligence, Cybersecurity
Revolut, the UK’s leading fintech with more than 35 million customers worldwide, has today announced the launch of an advanced scam detection feature to help protect customers from card scams. Revolut customers can now experience an added layer of security protection, on top of the technology already in place, to detect APP (Authorised Push Payment) scams, where criminals trick the user to get them to transfer money to another account.
Mastercard Joins U.S. AI Safety Institute Consortium to Guide National AI Standards
- 10 months 4 weeks ago
- Artificial Intelligence
Today Mastercard announced it is joining with the U.S. Department of Commerce to help establish the U.S. AI Safety Institute Consortium (AISIC), which will focus on creating new, trustworthy AI standards.
Mastercard Supercharges Consumer Protection with Gen AI
- 11 months 5 days ago
- Artificial Intelligence, Cybersecurity
As fraudsters increasingly exploit technology to try to thwart banks and their customers, Mastercard is adopting generative AI techniques to enhance the protections that keep consumers – and the entire payments network – safe.
New Abrigo Fraud Detection Platform Helps Financial Institutions Fight Fraud Faster and Smarter With AI, Reduce Mounting Losses
- 11 months 5 days ago
- Artificial Intelligence, PaaS
Abrigo, a leading provider of financial crime prevention and risk management solutions for U.S. financial institutions, today announced the launch of Abrigo Fraud Detection, a new platform that combines AI-powered inspection and check image analysis with a smart, configurable fraud decision engine.
Moneyhub Launches Fact-finder API ‘Recipe’ to Unlock the Potential of Open Finance
- 11 months 1 week ago
- APIs, Artificial Intelligence
Moneyhub has launched its latest API ‘Recipe’, Fact-finder, unlocking the potential of Open Finance and empowering businesses to deliver more purposeful services and solutions to their customers. The Recipe combines Moneyhub’s Open Banking and Open Finance API connections to ensure plugging into existing systems and solutions is easy.
PayPal and Venmo Unveil Six New Innovations to Revolutionize Commerce
- 11 months 1 week ago
- Artificial Intelligence, Trading Systems
PayPal Holdings, Inc. today announced six innovations the company is piloting and bringing to market this year to revolutionize commerce through artificial intelligence (AI) driven personalization for both merchants and consumers.
IeDigital Acquires AI Fintech Software House Abaka
- 11 months 1 week ago
- Artificial Intelligence, Personal Finance
ieDigital has today announced the acquisition of ABAKA, the AI - recommendation engine platform that uses machine learning and behavioral segmentation software to predict which products – such as banking products, savings accounts, or retirement solutions – are the most
WealthArc and ZeroLink are Transforming Wealth Management with Artificial Intelligence
- 11 months 2 weeks ago
- Artificial Intelligence, Machine Learning, Wealth Management
WealthArc, a Swiss-born global wealth data management solution provider, has partnered with ZeroLink, a pioneering company in neurosymbolic KGQA technology, to develop WealthArc AI & Analytics – a cutting-edge machine learning-powered “Chat with your data” service tailored for the wealth management space.
Finastra Leverages Databricks to Enhance Product Development and AI Capabilities
- 11 months 3 weeks ago
- Artificial Intelligence, PaaS
Finastra, a global provider of financial software applications and marketplaces, today announced it is working with Databricks, a data and AI company, to provide more value-added solutions and services to its customers and partners globally. The collaboration enables Finastra to further unlock access to its data and deliver additional value with AI, including generative AI (Gen AI) capabilities.
