Revolut Launches AI Feature to Protect Customers from Card Scams and Break the Scammers "Spell"
- 2 months 3 days 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
- 2 months 1 week 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
- 2 months 2 weeks 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
- 2 months 2 weeks 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
- 2 months 2 weeks 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
- 2 months 3 weeks 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
- 2 months 3 weeks 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
- 3 months 1 day 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
- 3 months 3 days 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.
BlueFlame AI Transforms Diligence and DDQ Processes with Microsoft Excel Add-in
- 3 months 3 days ago
- Artificial Intelligence, Investment
BlueFlame AI (“BlueFlame"), the leading generative AI platform for alternative investment managers, today launched its new Microsoft Excel Add-in.
GFT Improves Leading Position for AI and Data Analytics Projects in the Google Cloud
- 3 months 4 days ago
- Artificial Intelligence
GFT has improved its leadership position in the “2023 ISG Provider Lens™ Google Cloud Partner ecosystem - Data Analytics and Machine Learning”. This recognition highlights GFT's expanding expertise and innovative solutions in artificial intelligence (AI), particularly with the recent launch of the GFT AI.DA Marketplace.
Mastercard Announces Development of Inclusive AI Tool to Provide Personalized, Real-time Assistance to Small Business Community
- 3 months 1 week ago
- Artificial Intelligence
Mastercard is in the development of a new initiative to support small business owners globally with personalized guidance to help them grow and thrive.
Riskified Announces Expanded Chargeback Management System to Soothe the Chargeback Holiday Hangover and Maximize Revenue Recovery
- 3 months 1 week ago
- Artificial Intelligence, PaaS
Riskified, a leader in e-commerce fraud and risk intelligence, today announced further expansion of its
Invest Qatar Launches Ai.SHA, an Azure Open AI GPT-Powered Chatbot
- 3 months 2 weeks ago
- Artificial Intelligence, PaaS
The Investment Promotion Agency Qatar (Invest Qatar) has partnered with Microsoft to develop AI.SHA is an innovative AI-powered assistant harnessing GPT capabilities through the Azure OpenAI service. This groundbreaking initiative positions Invest Qatar as one of the first investment promotion agencies (IPA) in the world to adopt advanced technology, paving the way for transformative changes in professional interactions between investors and... more
Key Trends Set to Shape Fintech Throughout 2024.
- 4 months 2 days ago
- Artificial Intelligence, Banking
Innovations in fintech continued to evolve over the course of 2023. Leading into 2024, Gen Z continues to lead the way with fintech service adoption as digital wallet use surges, and the adoption of AI advances the industry.
