The Next Big Thing: 94% of Finance Professionals are Looking to Implement Intelligent Automation… Despite 50% not Fully Understanding What it Means
- 4 years 11 months ago
- Artificial Intelligence, IT Innovations
Intelligent Automation (IA) is set to become the latest technology buzzword in the financial sector, with 94% of finance professionals stating they are looking to implement the technology. Despite this, 50% of finance professionals do not understand the technology or the benefits it can bring, according to the latest Fintech Barometer study conducted by Visma | Onguard, leaders in providing solutions for the order-to-cash process.
HUBUC Partners with ComplyAdvantage to Enhance its Compliance Capabilities
- 4 years 11 months ago
- Artificial Intelligence, Banking, Compliance, Risk Management
Next generation banking-as-a-service platform, HUBUC, has partnered with the hyper-scale Anti-Money Laundering (AML) and risk detection provider ComplyAdvantage to integrate its innovative compliance and security screening technology.
B-cube.ai Partners With Sumsub to Secure Investment Into Their $3,075 Million Trading Bots Marketplace
- 4 years 11 months ago
- Artificial Intelligence, Trading Systems, Cryptocurrencies
B-cube.ai, a platform offering AI-driven bots for crypto trading, announces its partnership with Sumsub, an identity verification platform that covers KYC/KYB/AML needs. With this collaboration, B-cube.ai aims to secure investment with bank-grade KYC and accurate crypto monitoring technology.
ComplyAdvantage Announces ComplyLaunch™ A New Risk & Compliance Program Helping Early-Stage Startups To Transact With Trust
- 4 years 11 months ago
- Artificial Intelligence, Security, Financial, Risk Management
ComplyAdvantage, a global data technology company transforming financial crime detection, today announced a new early-stage anti-money laundering (AML) program aimed at growth-focused startups called ComplyLaunch™.
Raiffeisenbank Russia has Deployed AI Smart Engines ID Scanning Technologies for Customer Onboarding
- 4 years 11 months ago
- Artificial Intelligence, Banking
Raiffeisenbank Russia has integrated Smart Engines software for automatic passport recognition. Opening an account in bank branches with Smart ID Engine is now more comfortable with highly precise and fast data extraction. The technical solution based on Smart ID Engine works on-premise, which guarantees personal data security and privacy.
Steeleye’s New AI-driven Lexicon Revolutionises Market Abuse Detection
- 4 years 11 months ago
- Artificial Intelligence, Compliance, Financial
Tightening regulations and growing volumes of communications channels has created a challenging operational landscape for compliance teams SteelEye’s new lexicon product monitors more than six times as many search terms than a standard lexicon for an unrivalled level of oversight, helping firms better identify signs of financial crime and market abuse Artificial Intelligence and context reading technology reduces inaccurate results (false... more
Atos and DreamQuark Advance Responsible Finance with Transparent Artificial Intelligence
- 4 years 11 months ago
- Artificial Intelligence, FinTech StartUps
Atos and DreamQuark, a French start-up specializing in artificial intelligence technologies applied to the finance and insurance sectors and a member of the Atos Scaler accelerator program, are committed to developing socially responsible investment (SRI) through artificial intelligence.
Caribbean Airlines Improves Mobile Passenger Onboarding with Passport Scanning by Smart Engines
- 4 years 11 months ago
- Artificial Intelligence
Caribbean Airlines, the largest airline in the Caribbean, improves passenger onboarding service quality with an integrated AI-based solution Smart ID Engine in its mobile app. This advanced technology, elaborated by Smart Engines, accelerates and facilitates passing the stage of preparation for the trip by automatic passport scanning. The Caribbean Mobile App is developed by 2e Systems which provides web, mobile and communications solutions for... more
Loop Insights Enters the £4.5 Billion UK Forecourt Sector Through Its Partnership With Suresite Group
- 4 years 11 months ago
- Artificial Intelligence, Payments
Loop Insights (MTRX:TSXV RACMF:OTCQB), a provider of contactless solutions and artificial intelligence for the brick and mortar space, announces a new Proof of Concept (PoC) with Suresite Group. The cooperation will see selected Suresite retail locations take advantage of Loop’s IoT Fobi device and Insights platform. Loop Insights is growing its UK retail presence
Pelican’s Straight Through Processing and Payment Automation Solution Goes Live at Bank of Montreal
- 4 years 11 months ago
- Artificial Intelligence, Payments
Leading AI technology solutions provider, Pelican, announced today that Bank of Montreal (BMO) has recently gone live with Pelican Intelligent Financial Hub – STP, Pelican’s payment analytics, intelligent automation and straight-through processing (STP) solution. The bank and its customers will benefit from enhanced infrastructure and operational payment capabilities.
Maven Invests £2.5 Million in Big Data Analytics Business Cardinality
- 4 years 11 months ago
- Artificial Intelligence, Data
Maven Capital Partners, one of the UK’s most active investors in growth businesses, has today announced that it has invested £2.5 million in Cardinality Ltd, a software and service provider which has developed a data ingestion and analytics platform called ‘Perception’, that enables its customers to run, manage and derive value from datasets in real time and at massive scale.
Lockdown Races DIY Vehicle Checks; Insurtech WIMWIsure Records Over 2 lakh Inspections in FY20-21
- 4 years 11 months ago
- APIs, Artificial Intelligence, Insurtech
The Indian motor insurance marketplace has noted a clear shift towards remote ‘Do-It-Yourself’ checks and Inspection as a Service as a result of COVID-19 which has necessitated moving away from physical vehicle inspections. During the lockdown Insurtech WIMWIsure has conducted more than 2 lakh virtual inspections for passenger and commercial vehicles through its on-demand Artificial Intelligence (AI) enabled video inspection platform in... more
SmartStream Expand Global Footprint with its Latest Cloud-native AI Application
- 4 years 11 months ago
- Artificial Intelligence
SmartStream Technologies, the financial Transaction Lifecycle Management (TLM®) solutions provider today announces the launch of SmartStream Air version 3, designed to support global clients on the Microsoft Azure platform, allowing more countries to meet local regulatory requirements and access improved AI capabilities for managing critical data across the enterprise.
Synechron, Squirro and Standard Chartered Bank Win 2021 Big Innovation AI Excellence Award and The Asset Triple A Digital Award for “Client Insights”
- 4 years 11 months ago
- Artificial Intelligence, Banking, Financial, Technical
Synechron, Inc., in partnership with Squirro and Standard Chartered Bank, have been named winners in the 2021 BIG Innovation AI Excellence Awards in the “Natural Language Processing” category and for “Best Digital Collaboration Project” at The Asset Triple A Awards.
Europe’s Order-to-cash Leader Sidetrade Acquires Major Order-to-cash Player in North America, Amalto
- 4 years 12 months ago
- Artificial Intelligence, Technical
Sidetrade - one of the biggest European
