Switzerland’s Leading Payment App TWINT Chooses NetGuardians’ AI Software to Bolster Fraud Mitigation with Real-time Transaction Monitoring
- 1 year 3 months ago
- Artificial Intelligence
Award-winning Swiss FinTech NetGuardians, renowned for its enterprise risk platform for combatting financial fraud, has announced that Switzerland’s leading payment app TWINT has selected its software as part of an enhanced fraud prevention program. NetGuardians software detects anomalous payments through its innovative behavioural analytics, machine learning, and artificial intelligence. The software monitors all of TWINT’s payment... more
Glia Completes 10th Year of Growth Fueled by Strong Adoption of its Digital Customer Service Platform and AI Automation Solutions
- 1 year 3 months ago
- Artificial Intelligence
Glia, the leading provider of Digital Customer Service (DCS), has completed another year of growth that included a strategic acquisition, expansion into Latin American markets and new funding that brought the company's valuation to more than $1B.
Infront Extends Clarity AI Partnership in Response to Pivotal Demand for ESG Insights
- 1 year 3 months ago
- Artificial Intelligence
Infront, the European market leader in financial market data solutions, is extending its partnership with Clarity AI, a technology platform leveraging machine learning and big data to deliver environmental and social insights that empower investors to measure the impact of their portfolios.
Twenty7tec Announces Second Acquisition of 2023
- 1 year 3 months ago
- Artificial Intelligence
Leading fintech firm Twenty7tec has today announced that it has acquired the remaining shares of digital & AI innovators Meet Parker for an undisclosed sum.
Fintech Trends in 2023: Banking, Payments, Blockchain, RegTech and More
- 1 year 3 months ago
- Artificial Intelligence, Blockchain, RegTech, Payments, Banking, Security
In recent years, fintech has been on the rise, and with the growing need for digital solutions to handle financial services, this trend is projected to continue through 2023. The increase in demand for digital solutions to manage financial services As a consequence of this, it is anticipated that the entire size of the worldwide fintech market would reach a total of $305 billion by the year 2023.
TradeSun Acquires Leading ESG Company, Paving Way for Further Innovation in Trade
- 1 year 4 months ago
- Artificial Intelligence
TradeSun, a leading provider of artificial intelligence solutions for trade compliance and automation, has acquired data company Coriolis Technologies, to expedite ESG-compliant trade. The strategic acquisition will allow the TradeSun network, of global and regional banks around the world, to expand with further innovation across trade and the supply chain. It follows a partnership agreement by TradeSun and Coriolis earlier this year.
Plum Data: 61% of Young People Trust AI to Predict Financial Trends
- 1 year 4 months ago
- Artificial Intelligence
Trust in artificial intelligence (AI) to improve financial knowledge and management is growing among young people, according to new data from smart money app Plum.
05/12 – Weekly Fintech Recap
- 1 year 4 months ago
- Artificial Intelligence, Open Banking, Payments, Banking, Cloud, M&A Deals, People Moves
Partnerships Paymentology Customer, Tweeq, Among First Fintechs in Saudi Arabia to Receive License from Saudi Central Bank
Advanced AI Helps Banks Double APP Scam Detection
- 1 year 4 months ago
- Artificial Intelligence
Artificial Intelligence (AI) could help banks to prevent over 100,000 Authorised Push Payment (APP) scams each year, according to a trial piloted by two major banks and LexisNexis® Risk Solutions. The trial saw detection of in-progress APP scams double from 3-in 10 to 6-in-10 cases. Preventing 60% of APP scams before they happen could save the banking sector over £600 million in fraud losses, based on UK Finance figures for 2020 and 2021.
Boost.ai Appoints Jerry Haywood as Chief Executive Officer
- 1 year 4 months ago
- Artificial Intelligence
Boost.ai, a Nordic Capital-backed global leader in conversational AI for enterprises, today announced that Jerry Haywood is joining the company’s executive team as Chief Executive Officer effective December 1, 2022. Haywood brings 20 years of enterprise technology experience with him and has held various sales and senior leadership positions at IBM, Cisco, and Salesforce.
Claim Technology Partners with Resistant AI to Deliver Document Forensics
- 1 year 4 months ago
- Artificial Intelligence
Resistant AI, the company using AI and machine learning to defend financial services from fraud and crime, has announced a strategic partnership with insurtech specialists Claim Technology to protect against fraudulent insurance claims. Claims handlers will now be able to spot forged documents to a level of forensic analysis that is impossible to detect with the human eye.
Impactsure Now Available on Temenos Exchange
- 1 year 4 months ago
- Artificial Intelligence
Impactsure Technologies (Impactsure), an Artificial Intelligence (AI) and Machine Learning (ML) powered document analytics SaaS company for Banks and Enterprises, today announced the availability of its Secure Unified Responsive Engine (SURE)-based SureMatch platform on Temenos Exchange, the open market place for fintech solutions. Temenos is the digital and core banking solution provider for prominent global banks.
AI Risk and Governance for Financial Institutions
- 1 year 4 months ago
- Artificial Intelligence
This event builds on our previous marcus evans Model Risk events but focuses on the various risks associated with AI, largely though not entirely AI models. The primary reason this is so topical is a set of incoming regulations and regulatory proposals, including an EU AI proposal expected to come into force perhaps sometime in 2023, and a PRA report leading into regulation. Furthermore, in general, financial institutions face increased risks... more
18/11 – Weekly Fintech Recap
- 1 year 4 months ago
- Artificial Intelligence, Payments, Banking, FinTech StartUps, M&A Deals, People Moves
Partnerships HSBC and Wells Fargo Expand DLT Solution to Include Offshore Yuan
Major New Announcements from OutSystems at NextStep 2022
- 1 year 5 months ago
- Artificial Intelligence
At its NextStep customer conference hosted this week, OutSystems made a series of announcements that further secure its position as a pioneer in the high-performance, low-code category.
