Artificial Intelligence

Pelican launches AI-powered sanctions self-learning module to dramatically reduce false positive rates

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. Read more »

Are Insurance Companies Maximizing AI’s Impact? Leading Insurance Companies Dissect Strategies for Implementing AI

Understanding AI is non-negotiable for insurance carriers. Out of the entire spectrum of technology that have the potential to affect the insurance industry, the consensus is growing that AI is likely to have the biggest impact. The industry certainly believes this; insurance carriers’ investments in AI are increasing year-on-year, with the trend is set to continue, at least into 2019. Read more »

Arachnys Unveils Customer Risk Intelligence Suite Transforming the Intersection of Entity Data and Investigative Intelligence

Arachnys, the leader in Customer Risk Intelligence (CRI) solutions for Client Onboarding, Know Your Customer (KYC), Customer Due Diligence & Enhanced Due Diligence (CDD/EDD) and Anti Money Laundering (AML), today announced the launch of their CRI cloud-native platform. Read more »

Agorai Announces Strategic Partnership with Neuramatix

Agorai, a global platform which provides an inventory of turnkey software solutions, technology, and data needed for any company to join the AI economy, today announced that Neuramatix, a provider of artificial intelligence tools powered by a proprietary neural engine called NeuraBASE, is joining the Agorai AI marketplace.    Read more »

Cathay Bank Selects QuantaVerse AI Financial Crime Solutions to Create a More Effective AML Program

QuantaVerse, the first in the market with artificial intelligence (AI) solutions purpose-built for identifying financial crimes, today announced it has signed an agreement with Cathay General Bancorp, a holding company for Cathay Bank, a California state-charted bank. Cathay Bank selected QuantaVerse’s AI financial crime solutions as a fully built and tested anti-money laundering (AML) platform to reduce costly, manual financial crime... more Read more »

APPx Group Holdings, Inc. selects encompass corporation to bolster AML and CTF practices

encompass corporation (“encompass”), a fast-growing global provider of intelligently automated Know Your Customer (KYC) solutions, is pleased to announce that it has been selected by APPx Group Holdings, Inc. (“APPx”) (CSE:APPX), a Canada-based Fintech incubator and leader in diversified Blockchain 2.0 development, to support and enhance its Anti-Money Laundering (AML) and Counter-Terrorist Financing (CTF) processes in line with regulatory... more Read more »

Kreston Reeves Partners with MindBridge Ai to Deliver Enhanced Insights for Audit

Kreston Reeves, one of the top twenty-five accountancy firms in the UK, has partnered with MindBridge Ai to improve its audit services through the use of artificial intelligence (AI). Audit is one of the key areas for the firm, which works with SME corporations and charities, and AI-based technology was chosen to evolve its continuing promise to provide valuable insights to its clients.  Read more »

Trescon’s World AI Show Makes its Debut in Mumbai

After marking the global landscape, Mumbai is ready to host the prestigious World AI Show in its first ever edition, expanding its footprints in the Indian sub-continent. Read more »

Squirro launches dynamic machine learning service, including a bespoke training data creation module

Augmented intelligence solutions provider Squirro has launched a new machine learning service that is one of the world’s first to include an Annotation Workbench that enables organisations to compose training data sets within the platform. Read more »

encompass corporation expands product offering with new global identify verification feature

encompass corporation (“encompass”), a fast-growing global provider of intelligently automated Know Your Customer (KYC) solutions, is pleased to announce that it now offers global biometric identify verification (IDV) and document authentication on its platform. Read more »

Developing AI in Europe through New Strategies

It is a known fact that Artificial Intelligence (AI) has opened diverse opportunities in the world of technology, but it is no secret that the economic impact of AI has also been momentous for its adopters. Come 2030, AI based initiatives will pump 12.8 trillion Euros into the global economy!* Caught up in the global frenzy to prove dominance in the realm of AI, the European Union which was still very recently nascent in its AI advancements, has... more Read more »

Launch of unique service that can detect how hackable websites and web applications

Web security company High-Tech Bridge’s new system uses AI and Big Data to map risks from cyber criminals and threats via its new non-intrusive product, ImmuniWeb® Discovery AI. Read more »

AIIA.net: 7 Global 5,000 corporate enterprise practitioners speaking on AI EMEA LIVE Nov. 5-7 at AIIA's 3rd Digital Gathering

AIIA.net: 7 Global 5,000 corporate enterprise practitioners speaking on AI EMEA LIVE Nov. 5-7 at AIIA's 3rd Digital Gathering London, 2018: Corporate enterprise practitioners discuss how best to incorporate cognitive solutions into their AI & Intelligent Automation plans The AI & Intelligent Automation Network has released the initial program for AI EMEA LIVE November 5-7, 2018- a digital event focused on the future of AI within ... more Read more »

AI 2020: is your enterprise ready for the artificial intelligence revolution?

What does the intelligent enterprise of the future look like?  Which sectors are set to benefit most from artificial intelligence? And why are the perceived challenges so numerous and diverse? The AI & Intelligent Automation Network answers these questions and more in the newly published AI 2020 report.   Read more »

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