Artificial Intelligence

NexBotix launches to help businesses automate key processes and see benefits in as little as 30 days

NexBotix, the Robot-Process-Automation (RPA) service, has officially launched in the UK. With a managed dashboard solution applied to specific business objectives, it means that only the right processes are automated and ROI can be delivered in as little as 30 days. Read more »

Al-Ansari Exchange partners with Pelican to introduce AI-based financial crime compliance solution

Al Ansari Exchange, the UAE-based foreign exchange and worldwide money transfer company, today announced its strategic partnership with Pelican, a global company that has pioneered the practical application of AI technology to enhance, streamline and secure the payment cycle and ensure financial crime compliance. Read more »

Finantix acquires InCube, a Swiss AI and data science company dedicated to wealth management and insurance

Finantix, the leading global provider of trusted technology to the wealth management, insurance and banking industries, today announced the execution of a binding agreement for the acquisition of InCube Group AG. The Zürich-based firm boasts an interdisciplinary team of Artificial Intelligence (AI) specialists, quant and software engineers and finance experts that provide data-driven, AI-enabled products and solutions to wealth management and... more Read more »

Active.Ai makes conversational banking available to Finastra customers via FusionFabric.cloud

Finastra customers can now consume Active.Ai’s conversational AI retail banking app via the FusionStore. Banks and credit unions will be able to quickly deploy AI avatars to engage their customers and members 24x7 in the banking channel of their choice. Read more »

Avaloq partners with ABAKA to deliver AI-powered digital banking solutions

ABAKA and Avaloq have announced a strategic partnership where ABAKA will join the Avaloq.one Ecosystem to collaborate on building new AI platforms and digital solutions for client banks of Avaloq around the world. This latest addition to the ecosystem follows ABAKA’s successful Series A funding round which saw the firm raise USD 6.5 million – one of the biggest investments in technology for the pensions and retirement market. Read more »

Sambat Finance Partners with TurnKey Lender to digitally transform their lending business

TurnKey Lender, an award-winning provider of decision management and lending automation solutions, has closed a deal with the leading financial institution in Cambodia, SAMBAT Finance. Read more »

Visa Teams Up with Clinc

Clinc today announced a partnership with Visa to bring Clinc’s conversational AI banking experience to financial institutions and banking customers around the globe. Read more »

Sidetrade plans £30 million investment in Artificial Intelligence

Sidetrade (Euronext Growth: ALBFR.PA), the Artificial Intelligence platform dedicated to accelerating company revenue and cashflow, has announced the opening of its new Tech Hub in UK, with a projected investment of £30 million, and plans for 70 new tech jobs in the group. Read more »

UK Research: Unsecured Borrowers Favour Banks and Brands Amid Brexit Limbo

Against a backdrop of political and economic uncertainty, UK borrowers turned to established and familiar lenders in 2019, according to a new research report* launched today by Equiniti Credit Services and Credit Kudos. Read more »

How Emerging Technological Trends Like AI, Machine Learning and Automation Are Reinventing An Entire Industry

More than two-thirds of insurance carriers will invest in predictive analytics and artificial intelligence over the next two years. Sixty percent of carriers will invest in automation, and more than half will invest in machine learning. The technological revolution in insurance isn’t just a thing of the future. It’s already here. Read more »

Mode selects Onfido to deliver highest degree of compliance and user experience

Onfido and Mode, the UK’s new mobile banking app for everyday investors to buy, store and manage Bitcoin, have announced their partnership, empowering Mode’s mobile application to seamlessly verify and connect UK and European citizens to a thriving Bitcoin market.  Read more »

Fintech Workforce to Expand 19% by 2030 Thanks to AI, Cambridge University Predicts

In a recent report, the Cambridge Centre for Alternative Finance (CCAF) and the World Economic Forum (WEF) found that rather than observing AI as a single instrument for blanket application across the industry, AI can be viewed as a toolkit that is being used to tinker and build services in an abundance of ways to achieve a variety of objectives. Read more »

Kasisto Raises a Further $22 Million for Conversational AI

Chatbot developer Kasisto has closed a $22 million Series B extension financing, bringing the total amount raised by the New York-headquartered company in this funding round to $51 million. With a mission to 'humanise the digital banking experience' Kasisto's conversational AI has found favour with a crop of top tier institutions, including DBS Bank, JPMorgan Chase, Mastercard, Standard Chartered, TD, and Manulife Bank. Read more »

Yseop launches Augmented Analyst, the next-generation AI NLG platform revolutionizing intelligent reporting automation

New NLG Platform offers large financial and pharmaceutical firms a radically new approach to fast-track complex report automation and deliver significant ROI Yseop, the world-leading AI software company and pioneer in Natural Language Generation (NLG), today announced the launch of Augmented Analyst, a new enterprise-wide NLG automated report generation platform. Augmented Analyst is designed to help financial and pharmaceutical companies... more Read more »

Yseop Launches Augmented Analyst

 Yseop, the world-leading AI software company and pioneer in Natural Language Generation (NLG), today announced the launch of Augmented Analyst, a new enterprise-wide NLG automated report generation platform. Augmented Analyst is designed to help financial companies accelerate their digital transformation.   Read more »

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