Peltarion secures US$ 20M series A funding to advance humankind through AI
- 5 years 10 months ago
- Artificial Intelligence, Investment
This latest round brings Peltarion’s total funding to US$ 34 million to date, including previous investment from FAM, the holding company privately owned by the three largest Wallenberg foundations, and EQT Ventures.
OneSpan Launches AI-Based Risk Analytics to Stop Account Takeover and New Account Fraud
- 5 years 11 months ago
- Artificial Intelligence, Fraud Detection, Risk Management
OneSpan, a global leader in software for trusted identities, e-signatures and secure transactions, today announced the launch of its open API, cloud-based Risk Analytics solution to help financial institutions stop fraud, including Account Takeover and New Account Fraud.
Solactive partners with ESG provider Truvalue Labs to create a new line of AI-driven ESG Indices
- 5 years 11 months ago
- Artificial Intelligence
Solactive, the German index engineering firm, will collaborate with San Francisco-based AI company Truvalue Labs, intensifying efforts to meet a significant increase in client demand for ESG indices.
Tradeteq partners with World of Open Account for “receivables as an investment class” Learning Lab
- 5 years 11 months ago
- Artificial Intelligence, Trade Finance
Tradeteq, the innovative AI-driven trade finance investment platform, has partnered with World of Open Account (WOA) to become Chair Partner of their “receivables as an investment class – funding and capital” Learning Lab. WOA’s Learning Labs gather members of the WOA community to provide insight and knowledge into four areas of strategic importance to the open account ecosystem: People and Talent; Risk and Regulation; Products and Markets;... more
Anti-financial crime AI-platform Mimiro raises $30 million
- 5 years 11 months ago
- Artificial Intelligence, Security
Mimiro (formerly ComplyAdvantage) has raised USD $30 million from investors to accelerate the global expansion of its machine-learning platform for analysing the risk of financial crime. By swiftly and intelligently verifying parties and transactions, Mimiro fundamentally changes how companies assess who they’re doing business with – offering organisations greater confidence in their own operations, attacking financial crime and reducing... more
Artificial Intelligence will help economies grow but require greater social security
- 5 years 11 months ago
- Artificial Intelligence
The report, produced in conjunction with a number of leading economic, social policy and technology professors, delves into four key considerations of the impact of technological progress on employees, businesses and society at large. The first chapter looks at what technological change means for the future of work, concluding that contrary to popular belief, there will be no shortage of work in contemporary economies.
Grasshopper Partners with Solace for AI-powered trading
- 5 years 11 months ago
- Artificial Intelligence
Grasshopper, Singapore’s leading proprietary trading firm and liquidity provider, has expanded its deployment of the Solace PubSub+ advanced event broker to offer enhanced capabilities that use machine learning for predictive trading. Grasshopper has trusted Solace’s advanced event broker technologies as the data movement foundation of its low latency trading system since 2011.
AI can outperform human credit decisions by 2024 - survey
- 5 years 11 months ago
- Artificial Intelligence
Artificial intelligence (AI) will produce more accurate, reliable and transparent credit decisions than human-based systems within five years, according to capital markets professionals surveyed by Intertrust.
How Are Insurance Carriers Leveraging AI to Create Superior Customer Experiences?
- 5 years 11 months ago
- Artificial Intelligence, Infrastructure
Senior insurance executives to explore the AI-enabled personalization of insurance products to increase customer loyalty.
Xilinx Technology to Power Baidu Brain Edge AI Applications
- 5 years 11 months ago
- Artificial Intelligence
Xilinx (NASDAQ: XLNX), the leader in adaptive and intelligent computing, today announced that the newly unveiled
Tieto and Skellefteå municipality test facial recognition in a high school in Sweden
- 5 years 11 months ago
- Artificial Intelligence, Authentication Technology
How can AI and new technologies reduce teachers' administrative tasks in the classroom? In a unique pilot project Nordic software and services company Tieto and Anderstorp high school in Skellefteå, Sweden, tested automatic student registration using tags, smartphone apps and facial recognition technology. The reactions from both students and teachers have been positive.
Planbox Acquires Imaginatik Creating an Agile Innovation Powerhouse
- 5 years 11 months ago
- Artificial Intelligence
Planbox, the pioneering provider of AI-Powered Agile Innovation Management software, and Imaginatik, the #1 ranked leader in Corporate Innovation Management according to Forrester Research, will join forces to seize on the innovation boom. Under the agreement, Planbox will acquire all of the assets of Imaginatik Plc (LON: IMTK) related to its Enterprise Innovation Management platform and global operations. This transaction is pending the final... more
Insurer CEOs Reveal Marketing Strategies that Communicate the True Value of Insurance Products & Services to the Customer
- 5 years 12 months ago
- Artificial Intelligence, Insurance
The game has changed. Agile start-ups, and truly innovative insurers have proved that the customer is responding to products and services that match their lifestyle choices and inspire engagement. Should your organisation have the courage to make innovation a reality there is a huge opportunity to both secure your customers’ future loyalty and attract new ones too. However, one real challenge lies in convincing new and existing customer of the... more
Artificial intelligence for better identification of road traffic disturbances
- 6 years 2 weeks ago
- Artificial Intelligence
Artificial intelligence can be applied to enable the better detection of road traffic disturbances in real-time without significantly adding costs, a test by the Finnish Transport Agency and Tieto has shown. The findings were the result of a Proof of Concept experiment conducted by the two organizations in the spring of 2018 that combined LiDAR (Light Detection and Ranging) measurement technology with sensor fusion and artificial intelligence... more
Pelican launches AI-powered sanctions self-learning module to dramatically reduce false positive rates
- 6 years 1 month ago
- Artificial Intelligence, Infrastructure
Pelican, a global provider of AI-powered payments and financial crime compliance systems for banks and corporates, has launched a breakthrough sanctions self-learning module capable of delivering significant reductions in false positive rates (FPRs). Pelican Sanctions Self-Learning can be deployed as part of the Pelican watchlist filter, or can operate with any existing third-party sanctions screening application.
