Artificial Intelligence

Customer Risk Intelligence Provider Arachnys Secures $10 Million in Series A Funding

Arachnys, the leader in Customer Risk Intelligence solutions for Know Your Customer (KYC), Anti Money Laundering (AML) and Enterprise Due Diligence (EDD), today announced it has completed a $10 million Series A funding round led by QED and other investors.          Read more »

SWIFT launches gpi Observer Analytics tool

SWIFT is launching a Business Intelligence gpi Observer Analytics tool, a new resource for gpi banks to gain more comprehensive business insights into their gpi traffic flows.   The unique market and competitive analysis that gpi Observer Analytics provides will allow financial institutions to act on reliable and fact-based information to understand the current itinerary and speed of their payment instructions. Read more »

NRI Places in Top 10 of the 2018 IDC Financial Insights FinTech Rankings

Nomura Research Institute, Ltd. (NRI), a leading provider of consulting services and system solutions, today announced that the company ranked No. 9 in IDC's 2018 Financial Insights FinTech Rankings. This ranking marks the ninth consecutive year that NRI has been named a top 10 global financial technology firm by IDC Financial Insights. Read more »

Preparing insurance for the age of connected technology: how Allstate, Unum and FM Global are taking advantage

Both in terms of the way insurance products are accessed and in the way they are created, technology is at the heart of significant disruption. More products are becoming available through digital channels and to keep up with the fast pace of technological development, we now know that product development also must become more agile and responsive. Read more »

AI-powered InsurTech Concirrus closes £5 million funding to service growth in customer demand

Concirrus, the London-based InsurTech company leading the Marine and Motor Analytics market change, has raised £5 million in equity funding, bringing the total raised to £12 million. The raise was co-led by Cambridge-based deep tech venture capital firm IQ Capital and specialist InsurTech investor Eos Venture Partners. Read more »

Comviva Announces Foray into Banking CVM with Machine Learning & AI platform

Comviva, the global leader in providing mobility solutions, today announced its foray into banking customer value management (CVM) by entering into a new partnership with Number Theory, an Artificial Intelligence and Enterprise Data Management firm. Read more »

Mindtree Partners With IIT Madras to Establish an Endowed Faculty Fellow Position in Data Science and AI

Mindtree, a global technology services and digital transformation co Read more »

IRIS is launching IRIS AI

IRIS Accountancy Solutions, the UK’s leading accountancy software provider is today launching IRIS AI, a family of AI based products and services for every size of accountancy practice. The first product in this offering is the Ai Auditor™ developed by MindBridge® Analytics Inc. The powerful artificial intelligence tool enables accountants to address skills shortages and deliver new risk and fraud assurance services. Read more »

Thomson Reuters Partners with Squirro to Combine Artificial Intelligence Technology and Data to Unlock Customer Intelligence

Thomson Reuters has partnered with augmented intelligence solution provider Squirro to provide an AI-driven solution that leverages the power of today’s customer relationship management (CRM) platforms to deliver a complete, current overview of each client, boosting engagement and facilitating deal idea generation for the banking industry. Read more »

FICO Explains AI with Latest Release of its Analytics Workbench

Leading analytics firm FICO today announced the latest version of FICO® Analytics Workbench™, a cloud-based advanced analytics development environment that empowers business users and data scientists with sophisticated, yet easy-to-use, data exploration, visual data wrangling, decision strategy design and machine learning.  As new data privacy regulations shine a spotlight on AI and machine learning, the FICO Analytics Workbench xAI Toolkit... more Read more »

TIBCO Announces the AI-Powered A(X) Experience for Spotfire

TIBCO Software Inc., a global leader in integration, API management, and analytics today announced the A(X) Experience for TIBCO Spotfire, an industry-first, AI-driven analytics experience that fuses agile data exploration with natural language processing (NLP), machine learning recommendations, and model-based authoring, adding native support for real-time streaming data. Read more »

Raiz Partners with Versive AI to protect customer data

Versive, Inc., an award-winning AI-based cybersecurity company, today announced that Raiz Invest Limited (Raiz), a mobile first micro-investment platform based in Australia, is using the Versive Security Engine (VSE) to help protect sensitive customer data and comply with financial regulations.  Raiz provides customers an easy way to regularly invest either small or large amounts in one of six portfolios of varying risk levels. The company has... more Read more »

QuantaVerse’s Artificial Intelligence (AI) Solutions Selected by Bci Miami Branch to Efficiently Mitigate AML Risk

QuantaVerse, the first in the market with artificial intelligence (AI) solutions purpose-built for identifying financial crimes, today announced it has signed a three-year agreement with the Banco de Credito e Inversiones (Bci) for its United States Branch. Bci Miami Branch selected the QuantaVerse AI Financial Crime Solutions as an additional tool to mitigate risk, automate investigations and meet anti-money laundering (AML) compliance... more Read more »

Udacity Unveils AI for Trading 'nanodegree' Programme

Companies are getting serious about artificial intelligence across a wide range of industries, and innovators in finance and trading have been notable early adopters.  As detailed in The Wall Street Journal, “investors now have at their fingertips an expanding ocean of data about the global economy and financial data, such as changes in earnings estimates and accounts receivable.” Traders who can leverage data and technology, including... more Read more »

Advanced Logic Analytics Reveals Market Sentiment Tool for Global Trading Firms

Advanced Logic Analytics Ltd (ALA), a data science-led business offering AI-driven algorithms and app solutions to the global fund markets, is pleased to announce the launch of ALASA, a market sentiment tool that helps banks, investment and trading firms make sense of human and market signals from financial data published online. ALASA is a financial data aggregator combined with AI-driven sentiment analysis and data mining algorithms to... more Read more »

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