New Squirro Solution Uses Power of AI to Bring Deep Customer Insight to Financial Services Firms
- 7 years 6 months ago
- Artificial Intelligence
Squirro, the AI driven context intelligence and insights solution provider, has announced the launch of its new financial services (FS) solution, Squirro for Corporate Financial Services, an artificial intelligence (AI) driven solution that unlocks the insight within the vast amounts of unstructured data held by FS firms.
FICO Predicts AI and Blockchain Will Meet in 2018
- 7 years 7 months ago
- Artificial Intelligence, Blockchain
The growing use of blockchain technology in financial services will include a healthy dose of artificial intelligence, as new, automated analytic techniques look for patterns in the “relationship data” about people, contracts and transactions. That merger of two hot tech trends is one of the predictions made by Dr. Scott Zoldi, chief analytics officer at Silicon Valley analytic software firm FICO, and a recognised expert in the field of... more
Can AI and Sentiment Analysis provide the edge that your Finance company needs to surge ahead of the competition?
- 7 years 7 months ago
- Artificial Intelligence
Major conference on AI and Sentiment Analysis in Finance, Hong Kong, 7-8 March 2018 Artificial Intelligence is seen by many as the main driver of the 4th Industrial Revolution. Investment in AI has grown at a phenomenal rate with companies investing $26-39bn in 2016, and, according to IDC, the AI market will grow to more than $47 billion in 2020. The Finance industry has been leading the way in adoption of AI with a significant projected... more
DigitalGenius Raises $14.75M Series A to Accelerate Adoption of AI in Customer Service
- 7 years 7 months ago
- Artificial Intelligence
DigitalGenius, the leader in AI for customer service, today announced it has secured $14.75 million in Series A funding. The round was led by Global Founders Capital, with participation from MMC Ventures, Paua Ventures, Kairos and several other funds, as well as follow-on investments from previous investors, including Runa Capital, Spider Capital, Salesforce Ventures, RRE Ventures, Lumia Capital, Compound and Lerer Hippeau Ventures.... more
Text IQ Named One of the World's 100 Most Promising AI Companies
- 7 years 7 months ago
- Artificial Intelligence
CB Insights has named Text IQ to the AI 100, a prestigious ranking of the 100 most promising private artificial intelligence companies in the world.
QuantaVerse Debuts ‘CAE Checkup’ to Help Corporations and Financial Institutions Evaluate the Effectiveness of an Artificial Intelligence Approach to Internal Risk Audits
- 7 years 7 months ago
- Artificial Intelligence, Security
QuantaVerse, the first in the market with AI solutions purpose-built for identifying financial crimes, today announced a new service that corporations and financial institutions can utilize to experience the effectiveness of an AI-based approach to audit investigations.
SBDA Group and FinSight Ventures Announce the Closing of Series A Investment Round to Advance SBDA’s AI Customer Engagement Solution for Retail Banks
- 7 years 8 months ago
- Artificial Intelligence, Banking, FinTech StartUps
SBDA Group signs agreement with lead investor FinSight Ventures and Digital Space Ventures to close the Series A venture investment round. The funding will be used to advance the existing SBDA recommendation-based technology for any bank in addressing their needs.
Hartford InsurTech Hub Announces Startup Cohort Set to Transform U.S. insurance Capital into New InsurTech Giant
- 7 years 8 months ago
- Artificial Intelligence
Hartford InsurTech Hub, powered by Startupbootcamp, unveils the 2018 cohort of startups for its inaugural acceleration program. Artificial Intelligence (AI), Big Data Analytics and Natural Language Processing combined with Cyber Security, Smart Home and Health Insurance, to name but a few, display the diverse range of technologies and insurance types that are exhibited by the group of 11 companies that have been selected.
UK Banks Top 7 for AI
- 7 years 8 months ago
- Artificial Intelligence, Banking
Royal Bank of Scotland is closing 259 branches – one in four of its outlets – with an increasing amount of customers choosing to bank online or via mobile. The UK banking sector is unprepared to handle the potential disruption of AI that will ensue, compared to its neighbours in established markets, according to research by UBS. It is ranked seventh out of the top nine countries, behind the US, Spain, Japan and Hong Kong. The result points to a... more
The ai Corporation combines Machine Learning, Exploratory Data Analysis and Impact Analysis to beat fraud, in industry first
- 7 years 8 months ago
- Artificial Intelligence, Payments
The ai Corporation (ai), an FCA approved expert in payment and risk management, today announced the addition of exploratory data analysis (EDA) and impact analysis functionality to its automated machine learning solution.
Loom Systems Introduces Advanced AI Data Structure for Precision Log Analysis
- 7 years 8 months ago
- Artificial Intelligence, Payments
Loom Systems, the leading end-to-end AI-powered log analysis solution, today announced the release of its newest Streaming 2.0 platform, which enables more precise log analysis in Enterprise IT environments, ultimately reducing the manual work needed to optimize the product by up to 80%.
RBC Unit Borealis AI to Launch Artificial Intelligence Lab in Montreal
- 7 years 8 months ago
- Artificial Intelligence
Continuing its investment in the Canadian artificial intelligence (AI) ecosystem, Borealis AI, an RBC Institute for Research, today announced that it will open a lab in Montreal, one of Canada’s most prominent AI hubs.
ForwardLane Reveals AI APIs
- 7 years 8 months ago
- Artificial Intelligence
ForwardLane, a FinTech start-up based in New York City, is a next generation artificial intelligence (AI) company using machine learning to aggregate and scale firm-specific content, market data news, investment research, product materials, and strategic analytics for financial professionals to deliver personalized stories for their clients.
Financial services firms unable to innovate as technologists lack boardroom influence, warn IT leaders in new report
- 7 years 8 months ago
- Artificial Intelligence, Blockchain
Technology departments in financial services firms are unable to innovate with technologies like Artificial Intelligence and Blockchain because they have lost influence in boardrooms, according to leading Information Technology (IT) executives working in the financial sector.
CTI Tax Solutions by IHS Markit Digitizes Tax Validation and Due Diligence Processes
- 7 years 8 months ago
- Artificial Intelligence
IHS Markit (Nasdaq: INFO), a world leader in critical information, analytics and solutions, today announced the launch of new optical character recognition (OCR) and artificial intelligence (AI) functionality to digitize the tax validation and due diligence process. The integration of these new capabilities is available through CTI Tax Solution’s Mandatory Document Due Diligence (MD3®) and Common Reporting Standard (CRS) due diligence modules.
