Insig to support CarVal Clean Collateralised Loan Obligations (“CLO”) Product Line
- 5 years 1 month ago
- Artificial Intelligence, Asset Management, Data
Insig AI plc., the data science and machine learning solutions company serving the asset management industry, is delighted to announce that CarVal Investors, L.P. (“CarVal”), a global alternative investment manager, and Insig AI Corporation, a wholly-owned subsidiary of the Company, have entered into binding heads of terms (“Heads of Terms”) for Insig AI to combine its ESG tools with CarVal’s proprietary ESG risk scoring methodology and apply... more
Bridgeweave Launches InvestorAi in the UK
- 5 years 1 month ago
- Artificial Intelligence, Investment
Bridgeweave, the Fintech building AI products to help investors make better decisions, today announced the UK launch of its AI-powered investment information app, InvestorAi. InvestorAi acts like an AI-powered personal investment analyst for retail investors, using algorithms trained for global equity markets. These algorithms produce powerful predictive insights that level the playing field between retail investors and professional money... more
Growing Online Fraud Concerns Drive Consumer Appetite for New Forms of Identity Verification
- 5 years 1 month ago
- Artificial Intelligence, Digital Identity, Security, Authentication Technology
Eighty-four percent of consumers believe businesses need to use AI and automation to protect against sophisticated fraudsters
Sber Presents its AI-powered Healthcare Solutions at ICML
- 5 years 1 month ago
- Artificial Intelligence, Banking
Sber AI Laboratory has presented two AI-powered solutions at the 38th International Conference on Machine Learning (ICML): a model that identifies pneumonia sources in lungs through X-rays with further prioritization of patients who must receive treatment and a model that evaluates the risks of severe symptoms in patients hospitalized with pneumonia, including when it is caused by COVID-19. Sber’s AI for Health neural network models have been... more
Numerica Credit Union Chooses Scienaptic To Empower AI Credit Decisioning Across Loan Products and Services
- 5 years 1 month ago
- Artificial Intelligence, Payments
Leading global AI-powered credit decision platform provider, Scienaptic AI announced Numerica Credit Union has selected the company’s AI-powered platform to enhance its overall credit decisioning for several of its lending products and services, including consumer and commercial underwriting, CLI for credit cards, preapprovals, best credit product recommendations for members and credit risk assessment for the institution’s treasury services.
Poland’s Ultimo SA Uses FICO AI-Powered Optimization to Advance Ethical Debt Resolution
- 5 years 1 month ago
- Artificial Intelligence, Management, Data
Leading Polish debt collection firm uses mathematical optimization to determine ideal strategy for each borrower Ultimo SA, one of the largest debt management companies in Poland and a part of B2 Holdings, will use FICO collections treatment optimization to take the ideal treatment path for each borrower. Using advanced mathematical optimization from FICO, Ultimo will be able to identify the best, most sustainable collections strategy for each... more
Razorpay Acquires Lending Startup, TERA Finlabs; Strengthens Its B2B Credit Infrastructure
- 5 years 1 month ago
- Artificial Intelligence, Lending, Payments, SaaS, Risk Management
The country’s leading full stack financial solutions company, Razorpay, today announced its acquisition of TERA Finlabs, an AI-based risk tech SaaS Platform, for an undisclosed amount. TERA Finlabs is a Bengaluru-based startup that provides technology, risk and capital solutions to enable innovative embedded financing solutions for businesses.
Sber to Present its AI Solutions at ICML
- 5 years 1 month ago
- Artificial Intelligence, Banking
The thirty-eighth International Conference on Machine Learning (ICML) scheduled for July 18–24 will see Sber, a gold partner of the event, present the artificial intelligence solutions designed by the bank and its partners. All ICML participants have access to Sber’s virtual page where video presentations will be uploaded in the following tracks:
Fujitsu and France's Inria Develop New Time-Series AI Technology to Identify Causes of Data Anomalies
- 5 years 1 month ago
- Artificial Intelligence, Data
Fujitsu Limited and Inria, the French national research institute for digital science and technology, today announced the development of a new AI technology that can identify factors contributing to anomalies in time series data.
Temenos Supercharges Digital Banking with Micro Apps Delivering Hyper-Personalized Customer Experiences Faster
- 5 years 1 month ago
- Artificial Intelligence, Transaction Banking, Banking
• With Temenos Infinity Micro Apps, banks can gain market traction by delivering seamless experiences at speed and ease and dramatically improving time to value • With microapps, Temenos Infinity enables banks to offer human digital banking experiences tailored to specific customer needs and market segments
Hoist Finance and FICO Win Award for Digital Collections Programme in Germany and UK
- 5 years 1 month ago
- Artificial Intelligence, Data, Financial
FICO Platform operationalizes predictive models and scores to deliver fairest customer experience and help borrowers manage debt repayments Between 20,000 and 40,000 decisions rules implemented per country, starting with Germany and UK Hoist makes 1 million customer decisions a day using FICO® Platform Phase two will deliver a further €8.5m (£7.4m) in annual staff savings as lending book grows 40 percent
Xero Introduces New, AI-powered Analytics to Help Small Businesses Plan for the Future with Trusted, Insightful Data
- 5 years 1 month ago
- Artificial Intelligence, Cloud, IT Innovations
New Analytics Plus brings advanced cash flow and business forecasting directly into Xero Xero, the global small business platform, today announced Analytics Plus, part of a new suite of planning and forecasting tools, powered by artificial intelligence and designed to help businesses and advisors plan for the future with confidence.
Lendsmart Integrates with Freddie Mac Loan Product Advisor® to Expedite the Underwriting Process
- 5 years 1 month ago
- Artificial Intelligence
Lendsmart, an AI-driven digital lending platform, today announced they have integrated with Freddie Mac Loan Product Advisor® (LPASM), the company’s automated underwriting system (AUS). Freddie Mac and Lendsmart are working together to better serve and exceed customer expectations by improving the borrower experience and loan origination cycle.
Smart Engines AI Digitalizes Onboarding for New Investors of Alfa Capital
- 5 years 1 month ago
- Artificial Intelligence, Asset Management
Alfa Capital, one of the largest asset management companies in Russia, a member of the Alfa Group Consortium, selected an AI-based solution from Smart Engines for scanning new clients’ IDs to boost its remote service. Smart ID Engine software product enables Alfa Capital to significantly simplify data entry in their mobile app.
67% of Fintechs Believe that AI will Have the Biggest Impact on Sector in the Next Five Years
- 5 years 1 month ago
- Artificial Intelligence, Payments
70% of fintechs are using AI today, and the technology is predicted to dominate the market by 2025 90% of fintechs use APIs and they are currently the most widely used emerging technology “Fintech Five by Five” explores five core technologies that will have the biggest impact on the sector in the next five years
