Majority of Banks Are Piloting Opportunities of Generative Ai - and Preparing for the Risks, According to New Industry Study
- 1 year 1 month ago
- Artificial Intelligence, Banking
UK Finance and global management consultancy Oliver Wyman today released their report on the use of AI in financial services (FS), and the future opportunities and risks for the sector. It includes a snapshot survey of 23 companies ranging from international to mid-size banks and non-banking FS firms.
Ripjar Expands AI Risk Profile Capabilities with Generative AI
- 1 year 1 month ago
- Artificial Intelligence, Financial
Ripjar, the trusted provider for monitoring and investigating threats, risks and criminal activity, today announces the launch of AI Summaries, an extension to its Labyrinth Screening platform. AI Summaries builds on Ripjar’s existing AI Risk Profiles feature, which assembles screening information into single 360° profile views for people and companies, identifying areas of relevant risk across adverse media, sanctions, watchlists and... more
Update for GFT AI.DA Marketplace: AI Support for Complex Product Development
- 1 year 1 month ago
- Artificial Intelligence
Development processes are often complex and non-transparent. In the automotive industry, for example, many thousands of employees in hundreds of teams are usually involved in the development of new vehicles. Engenion from GFT uses AI to create transparency. This allows projects to be carried out much more efficiently.
IDVerse Offers the Mastercard Engage Partner Program An Inclusive Digital First Experience
- 1 year 1 month ago
- Artificial Intelligence, Digital Identity
World-leading digital ID verification company IDVerse (previously known as OCR Labs Global) today announces joining the Mastercard Engage partner program to offer a fully automated identity verification solution to Mastercard customers.
New Report Unveils the Transformative Power of Conversational AI for Banking Customers
- 1 year 1 month ago
- Artificial Intelligence
A new report from Kore.ai, a provider of conversational and generative AI platforms and solutions, reveals a growing acceptance of AI-powered intelligent virtual assistants (IVAs) that meet customer quality expectations unfulfilled by legacy chatbots. The findings also depict a significant shift in sentiment for AI, with only a 7% difference between total ratings for IVA (70%) and all Live Agent modes (77%), for both simple and complex... more
Financial Data Intelligence Expert Bud Launches AI-Powered Generative Data Analytics and Marketing Automation Suite
- 1 year 1 month ago
- Artificial Intelligence
Bud Financial (Bud), the AI-powered data intelligence platform for financial services, today unveils an out-of-the-box solution suite that enables anyone in a financial organization to perform advanced data analytics tasks for marketing, personalization, segmentation, and customer monitoring.
Axyon AI Secures Top European Grants for Pioneering in Quantum Computing Technology and AI for the Asset Management Sector
- 1 year 1 month ago
- Artificial Intelligence, Machine Learning
Axyon AI, the fintech company specializing in AI and deep learning predictive solutions for the Asset Management industry, has won two grants recognizing the value of its research and the ongoing development of its technology.
Glia Launches New AI Tools for Financial Institutions
- 1 year 2 months ago
- Artificial Intelligence
Glia, the customer interaction leader unifying Digital Customer Service (DCS), phone and automation on a single platform, is offering new generative AI tools to help financial institutions drive efficiency and improve the customer experience in a safe, secure way.
AI Set to Transform Compliance; Data, Knowledge Barriers Remain: Moody’s Analytics Study
- 1 year 2 months ago
- Artificial Intelligence
A new Moody’s Analytics study reveals that while there is an overwhelming desire for AI adoption in compliance, significant barriers hinder progress including poor internal data quality, a lack of clarity around regulation, and a specialist knowledge gap.
New Report from Evident Lifts the Lid on How Banks are Driving Value from AI
- 1 year 2 months ago
- Artificial Intelligence
AI has the potential to radically transform at least 100 different everyday banking processes and create value across five core areas, according to a new report by benchmarking AI platform Evident.
Revolutionary Integration of Gen AI in Payment System: A Game-Changer in Banking Operations
- 1 year 2 months ago
- Artificial Intelligence, Payments
PaymentComponents is excited to unveil the integration of FINaploChat, a Generative AI solution, with aplonHUB, our reputable payment application. This groundbreaking integration transforms the way financial institutions interact with transactional data, introducing a new era in the industry. The era of financial conversations.
Sella: 72 Startups from 14 Countries Around the World for the Incubation Program on Artificial Intelligence
- 1 year 2 months ago
- Artificial Intelligence
72 projects applied to take part in the "Artificial Intelligence Business Incubator": the international incubation program fostered by Banca Sella and implemented by dpixel – the Sella group Venture Incubator – with the support of the Fintech District, aiming to assist in the initial phase (pre-seed) of startups, researchers, entrepreneurial teams, university spin-offs, companies and the most innovative artificial intelligence projects applied... more
Finnovating Launched MatchGPT, the First-Ever 'Business Tinder' with GPT Language to Connect B2B Business in Asia
- 1 year 2 months ago
- Artificial Intelligence
Finnovating launched MatchGPT®, the world's first Match Generative Pre-Trained Transformer focused on connecting tech companies to accelerate B2B business and collaborations in Asia. It has been developed using OpenAI and AI-owned algorithms and fuelled by exclusive data from the Finnovating Platform, an AI-Deal Matching Platform for Tech Companies. B2B continues to gain traction in the Asian Fintech industry
IDVerse Wins Platinum Award for AI in Fraud Prevention Innovation
- 1 year 3 months ago
- Artificial Intelligence
World-leading digital ID verification company IDVerse (previously known as OCR Labs Global) today has been awarded the Platinum Award in the AI in Fraud Prevention Innovation category at the Future Digital Awards for Fintech & Payments organised by Juniper Research.
Artificial Intelligence and Banking: How is AI Reshaping the Industry?
- 1 year 3 months ago
- Artificial Intelligence
Much has been made of the capabilities and limitless potential of artificial intelligence (AI) throughout 2023. From threatening our jobs to powerful new solutions – AI is reshaping every sector.
