Artificial Intelligence

Technology key to engaging ‘Alexa generation’ and bridging equity release advice gap, study suggests

Emerging technologies such as artificial intelligence (AI) could play a key role in supporting retirees with the initial stage of equity release planning and help prepare them for conversations with an adviser, new research has suggested. Read more »

Bokio announces €7.4M investment and joins forces with competitor, Red Flag, to create the leading accountancy and business administration platform for European SMEs and self-employed

Bokio (www.bokio.co.uk), the Gothenburg-born fintech behind an AI-driven accounting software for SMEs and self-employed, today announces that it has merged with Stockholm-based competitor, Red Flag (www.redflag.se). Read more »

Owlin launches a COVID-19 Impact Monitor

Owlin, the leading provider of AI-powered text and news analytics solutions, today announced the launch of the Owlin COVID-19 Impact Monitor. It empowers businesses to monitor the economic impact of the novel virus in entirely new ways.   Read more »

CSG introduces Conversational Artificial Intelligence to enable a next generation customer experience

Messaging apps; speech-based assistants such as Apple’s Siri and Amazon’s Alexa; and chatbots are entering the marketplace in large scale, all with a goal of enhancing everyday life. Businesses are taking notice; leveraging the technology to analyze peoples’ behavior in order to create a more personalized and efficient customer experience. Read more »

Envoy teams up with TradeSun to offer AI document processing

Today, Envoy Group announces that it has teamed up with TradeSun to offer an automated document reviewing process which will significantly reduce the time taken to complete trade finance transactions. Read more »

QuantaVerse Expands Capabilities of AI-Powered Financial Crime Platform with New Enhancements

QuantaVerse, the only company to offer an end-to-end financial crime platform that uses AI and machine learning to automate the majority of the AML investigation process, has announced new enhancements to its AI Financial Crime Platform. These capabilities were delivered to help QuantaVerse customers reduce overall AML compliance costs by automating time-consuming investigative tasks and finding criminality faster and more accurately. Read more »

Surge in Remote Working Leads iManage to Launch Virtual AI University for Companies that Want to Harness the Power of the RAVN AI Engine

iManage, the company dedicated to transforming how professionals work, today announced that it has rolled out a virtual Artificial Intelligence University (AIU), as an adjunct to its customer on-site model. Read more »

Axyon AI expands advisory board

Axyon AI, the leading AI provider for asset management firms, has added three experienced names to its panel of senior advisors. Manu Choudhary, Luigi Conti, and Marisol Menendez have joined the Axyon AI advisory board, as the company seeks to accelerate its growth in the asset management sector. Read more »

QuantaVerse Supports Financial Institutions Facing Financial Crime Investigator Scarcity Due to COVID-19

QuantaVerse, which uses AI and machine learning to automate financial crime investigation processes, is now offering new adaptations of the QuantaVerse Alert Investigator for financial institutions that may face emergency shortages of financial crime investigators due to the COVID-19 outbreak. Read more »

Bank of China teams up with Refinitiv to launch new foreign exchange price prediction app DeepFX

Bank of China has launched DeepFX, an artificial intelligence-based foreign exchange trading signal prediction application through Eikon, the first released third-party Eikon app from a China based financial institution. Read more »

Personetics partners with the Avaloq.one Ecosystem

Avaloq and Personetics are entering into a strategic partnership to connect Avaloq’s global banking clients with Personetic’s AI-powered personalized engagement solutions. Personetics, the leading global provider of data-driven and personalized engagement solutions powered by artificial intelligence (AI) for bank customers, is joining the Avaloq.one Ecosystem, Avaloq’s open banking marketplace bringing together financial institutions and... more Read more »

Mobey Forum to Address Data Privacy and Innovation in the Age of AI with new Expert Group

Mobey Forum, the global industry association empowering banks and financial institutions (FIs) to shape the future of digital financial services, today announces the formation of a new Expert Group to address how banks and other financial institutions (FIs) can strike the balance between data privacy, security and innovation in the age of Artificial Intelligence (AI). Read more »

ManoMano halves its invoice processing times with Yooz AI software

ManoMano, the company digitalizing the European DIY market, chooses Yooz, the company digitalizing the European market for purchasing and accounting processes, to automate its invoices to suppliers. ManoMano: the European leader in online DIY, home improvement and gardening Read more »

Strands Joins Oracle Marketplace to Help More Banks Embrace AI

Strands will now offer its product suite on Oracle’s Banking-as-a-Service platform, allowing financial institutions of all sizes to leverage the Open Banking framework Read more »

Absa Regional Operations Selects KAI to Deliver Groundbreaking Digital Experiences to its Customers across Africa

Kasisto, creators of KAI, the leading digital experience platform for the financial services industry and Blue Turtle Technologies (Blue Turtle), South Africa’s leading enterprise technology partner, have announced that Absa Group Limited’s subsidiaries outside of South Africa, collectively known as Absa Regional Operations (ARO), have selected and deployed KAI, Africa’s first Conversational AI powered virtual banking assistant. Read more »

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