Wolters Kluwer and Chartis Research to Explore Benefits of Artificial Intelligence for Managing Regulatory Change
Experts from Wolters Kluwer’s Compliance Program Management (CPM) business and Chartis Research will discuss ways in which financial services firms can tap the power of Artificial Intelligence (AI) to more effectively manage their regulatory compliance obligations in a webinar, “Leveraging AI for Regulatory Change,” on Tuesday, June 4, 2019 from 10-11 a.m. EDT.
The leading robotic process automation (RPA) company, UiPath, is blazing a path to an “automation first” era, closing its Series D investment round, raising $568 million at a post-money valuation of $7 Billion. This was led by Coatue and joined by Dragoneer, Wellington, Sands Capital, and funds and accounts advised by T. Rowe Price Associates, Inc.
- 25.04.2019 06:29 am
- Artificial Intelligence
Chooch.AI, an artificial intelligence training platform for visual recognition, has raised a $2.8 million seed round led by venture capital firm Vickers Venture Partners.
Yooz, an international provider of intelligent P2P software in the Cloud, today announced the launch of YoozProtect, a new functionality to assist in the automatic detection of fraudulent and forged documents and enhance regulation compliance for UK businesses.
Accuity Launches AI-Powered Financial Crime Compliance Screening to Detect and Prioritise Highest Risk Individuals
Accuity, the leading provider of financial crime compliance, payments, and Know Your Customer (KYC) solutions, has announced its AI-driven account screening capability, ‘Firco Automated Alert Reduction’, which increases the level of accuracy in detecting and evaluating screening matches during the KYC process.
NICE Actimize Introduces CDD-X, Modernizing KYC/CDD Programs with Advanced Analytics and the Power of AI
NICE Actimize announces the launch of CDD-X, the next-generation Know Your Customer/Customer Due Diligence (KYC/CDD) solution. NICE Actimize CDD-X is the latest addition to the Actimize Autonomous AML solution set that leverages the power of artificial intelligence and machine learning to provide more accurate detection and customer risk scoring to reduce compliance risk. Significant reduction in operational costs are realized through the... more
AIDA Technologies, the AI and predictive analytics provider, today announces that Mastercard, Kuok Ventures and SGInnovate have invested in the company in a Series A funding round. AIDATechnologies (“AIDA”) was founded in Singapore in late 2016 by a team of award-winning data scientists from Singapore’s top information and communications technology research institute. The company develops advanced solutions that integrate with customer workflows... more
Taulia, a leading fintech company, partners with Google Cloud to launch AI-powered invoicing solution.
- 10.04.2019 09:41 am
- Artificial Intelligence
FICO, a leading analytics company, today announced that it has been named a category leader in the AI in Financial Services, 2019; Market and Vendor Landscape report from Chartis Research. FICO was named a category leader in both AI analytics and packaged AI applications. A supplementary report, Vendor Analysis: FICO; Artificial Intelligence in Financial Services, 2019, takes a more detailed look at FICO’s rating and capabilities.
A Roadmap to the Future of Insurance: Real-World Case Studies and Expert Analysis from QBE, USAA, Hippo and more at Insurance AI & Analytics USA
2018 saw unprecedented advances in the investment and deployment of artificial intelligence capabilities within the insurance industry, and 2019 promises to be no different. With the Insurance AI and Analytics USA Summit kicking off in Chicago, May 2-3, we spoke to some of our speakers to gauge their thoughts on the challenges insurance carriers face in implementing AI, and how the summit will help insurance carriers address these issues through... more
Temenos (SIX: TEMN), the banking software company, today launched Temenos Data Lake and is first to market with a robust, productized data lake that integrates big data analytics into its banking software. Temenos Data Lake delivers out-of-the box data integration, preparation and optimization to power AI-driven banking applications.
Tinkoff Group builds the most powerful supercomputer among financial institutions for AI applications
Tinkoff Group built its own supercomputer in line with its AI First strategy and ambition to develop a platform for machine learning and artificial intelligence. The Kolmogorov cluster is designed to quickly train models on large datasets built since the company’s inception 13 years ago. Fast connections between computer nodes improve the efficiency of hardware resources in distributed training on huge data sets.
AI IS THE NEXT TECHNOLOGICAL REVOLUTION, BUT FINANCIAL SERVICE INFRASTRUCTURE ISN’T PREPARED FOR THE SURGE
Over one-third of IT decision makers in the UK’s largest financial services companies believe that AI will transform the industry in the next decade, but the same percentage admit that their infrastructure is not prepared for the transformation, a new survey conducted by Digital Realty reveals.
- 28.03.2019 09:07 am
- Artificial Intelligence
Grupo Fleury, one of Brazil’s largest diagnostic medicine companies, has created an automated demand planning management platform – the Fleury Forecaster – with the help of FICO® Xpress Insight. Using this platform, Group Fleury has slashed the time needed to create a sales forecast. Forecasts have also become more accurate and granular in detail, with the overall margin of error now less than 10 percent. For its achievements, Grupo Fleury has... more
Pelican (pelican.ai), a global provider of AI-powered payments and financial crime compliance solutions for banks and corporates, today announced the further extension of its API Interoperability solution, with expanded support for the six popular Open Banking API standards, now including the UK’s OBWG, France's STET and the Berlin Group, together with the Czech ČSOB, and the Polish and Slovakian APIs.