Elon Musk Joins AI Experts and Industry Executives in Urging a Pause in Advanced AI Development
- 1 year 3 weeks ago
- Artificial Intelligence
Elon Musk, along with a group of artificial intelligence experts and industry executives, is calling for a six-month pause in the development of systems more powerful than OpenAI's newly launched GPT-4. The open letter, issued by the non-profit Future of Life Institute and signed by over 1,000 individuals, cites potential risks to society and humanity as reasons for the call to action.
Zone Adopts ThetaRay AI Solution to Monitor and Screen Payments in Nigeria
- 1 year 3 weeks ago
- Artificial Intelligence
Zone (formerly Appzone), Africa’s first regulated layer-1 blockchain network for payments, and ThetaRay, a leading provider of AI-powered transaction monitoring technology, today announced they will collaborate to implement ThetaRay’s cloud-based SONAR solution to monitor and screen Zone’s transactions in Nigeria for illicit activities and sanctions violations.
No Evidence of Responsible AI Activity in Eight of the World’s Largest Banks
- 1 year 4 weeks ago
- Artificial Intelligence
Banks across North America and Europe are failing to publicly report on their approaches to responsible AI development, according to research from Evident, an independent intelligence platform that seeks to accelerate the successful adoption of AI in business.
Ondato Makes its Fully AI-powered OCR Engine Available to All ID Vendors
- 1 year 1 month ago
- Artificial Intelligence
Ondato, a technology company that streamlines AML and KYC processes, has begun marketing its highly accurate, AI-powered OCR (Optical Character Recognition) technology as a stand-alone solution for other ID vendors. Ondato’s OCR automatically identifies and uses relevant personal information from identity documents during onboarding.
20/03 – Weekly Fintech Recap
- 1 year 1 month ago
- Artificial Intelligence, Payments, Banking, FinTech StartUps, M&A Deals, People Moves
Partnerships AllianceBernstein Selects Aiviq for Client AUM and Flow Data Products and Services
PwC UK Picks AI Quality Leader TruEra to Collaborate on AI Risk Management
- 1 year 1 month ago
- Artificial Intelligence
TruEra, which provides the first suite of AI Quality management solutions to test, explain, debug and monitor Machine Learning (ML) models, announced today that it has been selected by PwC to collaborate on AI Risk Management in the UK and Ireland.
Thought Machine to Increase Global Headcount by More than 20% in Next Phase of Growth Plans
- 1 year 1 month ago
- Artificial Intelligence
Thought Machine, the cloud-native banking technology company, today announces the next phase of its expansion plans, in which it will increase its global headcount by more than 20% in 2023, which includes hiring in India, Japan and South Africa for the first time.
Dubai International Financial Centre Chooses Napier to Provide Client Screening Capabilities
- 1 year 1 month ago
- Artificial Intelligence
Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa and South Asia (MEASA) region, has chosen anti-financial crime compliance specialist Napier to upgrade the screening services they employ with Napier Client Screening.
27/02 – Weekly Fintech Recap
- 1 year 1 month ago
- Artificial Intelligence, Digital banking, Payments, M&A Deals, People Moves
Partnerships Western Union and Beforepay Offer ‘Send Now, Pay Later’ Service to Consumers for International Money Transfers
The Rise of AI - How Will Advanced Technology Change the Future of the Job Market?
- 1 year 2 months ago
- Artificial Intelligence
FDM Group, whose mission is to bring people and technology together, has revealed how the rise of artificial intelligence (AI), and language models such as ChatGPT, are set to change the future of the job market.
BlueFire AI Appoints Fintech Connex as Adviser
- 1 year 2 months ago
- Artificial Intelligence
Building on an already successful relationship, BlueFire AI, the award-winning provider of artificial intelligence for capital markets participants, appoints Fintech Connex as its adviser. The two firms will work closely together as Bluefire builds on its excellent traction with clients and investors. Luke Waddington, CEO, Bluefire AI said: ‘’This is an exciting time for our firm. The Fintech Connex team brings valuable experience to support us... more
13/02 – Weekly Fintech Recap
- 1 year 2 months ago
- Artificial Intelligence, Open Banking, Payments, Banking, M&A Deals, People Moves
Partnerships American Express Taps Microsoft AI for New Expenses Tool
nCino Expands nCino IQ Offerings Through Partnership with Rich Data Co
- 1 year 2 months ago
- Artificial Intelligence
nCino, Inc. (NASDAQ: NCNO), a pioneer in cloud banking and digital transformation solutions for the global financial services industry, today announced a value-added reseller agreement with
Banca Patrimoni Sella & C. Launches a New Discretionary Mandate Powered by MDOTM Ltd’s Artificial Intelligence
- 1 year 2 months ago
- Artificial Intelligence
Banca Patrimoni Sella & C. launches a new discretionary mandate based on Artificial Intelligence. The new mandate has been developed in partnership with MDOTM Ltd, the Fintech scaleup global provider of AI-driven investment solutions for institutional investors.
Evident Launches First Index Measuring AI Maturity of the World’s Leading Banks
- 1 year 2 months ago
- Artificial Intelligence
The Evident AI Index, the first Index to track companies on their artificial intelligence (AI) maturity, launches today. Evident, a strategic benchmarking and intelligence company, has released its inaugural Index, the first ‘outside-in’ assessment of the 23 largest banks in North America and Europe on their overall level of AI readiness.
