Finantix Continues to Extend Product Offer With Integration of Next Best Action
- 4 years 9 months ago
- Artificial Intelligence, Data
Finantix, the global provider of digital enabling software for the banking, wealth management and insurance sectors, announces the integration of Next Best Action into its award-winning and innovative product suite. Next Best Action leverages the power of AI to provide highly personalised financial advice through an accessible user interface that is as understandable as those from top-tier online sales and media platforms.
NICE Actimize Unveils Xceed, a Next-Generation AI-Powered Financial Crime Risk Management Cloud Platform
- 4 years 10 months ago
- Artificial Intelligence, Cloud, Cybersecurity, Risk Management
NICE Actimize (Nasdaq: NICE) today announced the launch of its newest platform, NICE Actimize Xceed, which integrates best-in-class AI, data intelligence, behavioral analytics, and insights within a unified cloud platform designed to bring agility to financial institutions of all sizes, including community and regional banks, that are looking to modernize their financial crime risk management solutions.
DataRobot Launches Pathfinder: Comprehensive Library of 100+ AI Use Cases
- 4 years 10 months ago
- Artificial Intelligence
DataRobot, the leader in enterprise AI, has announced DataRobot Pathfinder, a public library of more than 100 AI use cases that provide the know-how to maximise success and impact based on DataRobot’s experience with thousands of real world applications of AI.
Mphasis Awarded U.S. Patent for its Artificial Intelligence (AI) System for Data extraction, aggregation & analysis
- 4 years 10 months ago
- Artificial Intelligence, Data
Mphasis (BSE: 526299; NSE: MPHASIS), an Information Technology solutions provider specializing in cloud and cognitive services, today announced that it has recently been granted a U.S. patent for its AI system for tracking, managing and analyzing data from unstructured data sources. The newly issued patent – U.S. Patent No. 10,726038 relates to optimized data aggregation and analytics across physical and digital data sources.
Prudential, Aflac, Liberty Mutual and Blue Prism join Reuters Events to discuss the seismic impact of the insurance trend that won’t slow down: Digital Labour and Automation
- 4 years 10 months ago
- Artificial Intelligence, Insurance
Join the live webinar to get actionable insight to develop strategy for your organization It is no surprise that 42 .5% of carriers we surveyed stated that automation capabilities were the key investment priority over the next 12 months, when the research also shows that the carriers making meaningful investments in technology are experiencing reduced operating costs, greater customer satisfaction and higher profits.
Metro Bank Launches More AI-powered Money Management Tools for Business Customers
- 4 years 10 months ago
- Artificial Intelligence, Banking
Metro Bank today announces fresh features on its mobile app, providing business customers with new receipt management technology. The features are currently available for customers using an iOS device, and the new technology will also be rolled out to Android customers in the coming weeks.
GHDDI launches free AI Virtual Screening Service for COVID-19 powered by Alibaba Cloud
- 4 years 10 months ago
- Artificial Intelligence, Covid-19
Powered by Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group, the Global Health Drug Discovery Institute (GHDDI) launched a Free AI Virtual Screening Service for COVID-19 in order to facilitate COVID-19 drug discovery effort globally. The free and web-based research engine provides researchers with an AI powered tool for virtual screening computation, which is powerful enough to support the prediction of SARS-CoV2... more
Royal Bank of Canada and Borealis AI announce new AI private cloud platform, developed with Red Hat and NVIDIA
- 4 years 10 months ago
- Artificial Intelligence, Cloud
Royal Bank of Canada (RBC) and its AI research institute Borealis AI have partnered with Red Hat and NVIDIA to develop a new AI computing platform designed to transform the customer banking experience and help keep pace with rapid technology changes and evolving customer expectations.
QuantaVerse’s AI-powered AML solutions secure highest possible ratings from independent model validation firm
- 4 years 10 months ago
- Artificial Intelligence, Security and Compliance, AML and KYC
QuantaVerse, which uses AI and machine learning to automate financial crime investigation processes, engaged an independent model validation firm to ensure the regulatory rigor of its AI and machine learning platform. Leveraging its proprietary modeling framework to thoroughly analyze QuantaVerse’s AI solutions, the firm delivered a comprehensive model validation.
Banca Profilo will now offer four discretionary mandates powered by the Artificial Intelligence of MDOTM
- 4 years 11 months ago
- Artificial Intelligence
After the positive results of 2019, Banca Profilo grows the suite of products powered by Artificial Intelligence launching three additional discretionary mandates advised by MDOTM, the Fintech company based in London and Milan that develops AI-driven investment strategies for institutional investors.
SEED Group partners with ABAKA to bring the world’s first AI-powered digital saving and retirement platform to the UAE
- 4 years 11 months ago
- Artificial Intelligence, Banking, SaaS
SEED Group, a subsidiary company of The Private Office of Sheikh Saeed bin Ahmed Al Maktoum, today announced a strategic partnership with ABAKA, the global leader in digital saving and retirement enterprise SaaS solutions, that will allow United Arab Emirates (UAE) financial institutions to integrate ABAKA’s
Banks must resolve explainability and “black box” risk governance challenges to succeed with AI post-pandemic, says Economist Intelligence Unit report supported by Temenos
- 4 years 11 months ago
- Artificial Intelligence, Banking, Data, Risk Management
Data bias, “black box” risk, and lack of human oversight are the main governance issues for banks using AI, according to the Economist Intelligence Unit (EIU) report “Overseeing AI: Governing artificial intelligence in banking”. The report is based on a review of global regulatory guidance on AI risks and governance in banking carried out by the EIU on behalf of Temenos (SIX: TEMN), the banking software company.
Trescon’s World AI Show Goes Virtual Amidst Pandemic Crisis
- 4 years 11 months ago
- Artificial Intelligence
After the Jakarta edition of World AI Show, Trescon hosted the MENA edition of the global AI conference on Monday. The show saw a high-level participation from 400+ global technology leaders and AI experts who came together to discuss emerging trends, intractable challenges and the future potentials of artificial intelligence in a post COVID-19 era.
Corinium and FICO report signals increased demand for Artificial Intelligence in the age of COVID-19
- 4 years 11 months ago
- Artificial Intelligence, Covid-19, Data
Today, FICO, a global analytics software firm, released a new report from the market intelligence firm Corinium that found the demand for artificial intelligence (AI), data, and digital tools is soaring as the COVID-19 pandemic continues to put a strain on many enterprises.
Numerix Launches New Artificial Intelligence Solution to Address $200 Trillion of Financial Contracts Affected by the Global LIBOR Transition
- 4 years 11 months ago
- Artificial Intelligence
Numerix, the leader in risk technology, has partnered with NextGen Strategic Advisors, an innovative Financial Institutions management consulting firm, to introduce Numerix Oneview for the LIBOR Transition, a new technology designed to address the most burdensome legal, operational, technological and risk challenges presented by the phase-out of LIBOR.
