Survey released by Temenos finds AI vital for banks' survival in COVID world
- 3 years 10 months ago
- Artificial Intelligence, Covid-19, Banking
Two-thirds of banking executives believe that new technologies such as AI, machine learning will continue to have the greatest impact on the global banking sector in the next five years, according to a global survey conducted by the Economist Intelligence Unit (EIU) on behalf of Temenos (SIX: TEMN), the banking software company.
iController takes first step towards AI-driven cashflow forecasting with innovative On Demand Financing
- 3 years 10 months ago
- Artificial Intelligence, Payments
iController is the first to integrate ‘On Demand Financing’ into its software. It is a development of KBC to pre-finance invoices in a flexible way. Innovative On Demand Financing enables a company to sell an outstanding invoice to an intermediary known as a ‘factor’, meaning the company has immediate access to working capital and does not have to wait until the customer pays the invoice. This is a first in Belgium; no similar system is... more
NICE Actimize to Acquire Guardian Analytics, Expanding AI Cloud Solutions for Financial Crime Risk Management Across All Market Segments
- 3 years 10 months ago
- Artificial Intelligence, Cloud, Risk Management
Financial services organizations of all sizes must remain one step ahead of financial crime. To enable this NICE Actimize (Nasdaq: NICE) a leader in Autonomous Financial Crime Management, announces that it has entered a definitive agreement to acquire Guardian Analytics, a leading AI cloud-based financial crime risk management solution provider. Financial services organizations of all sizes rely on Guardian Analytics’ sophisticated real-time... more
UK tech startup Temporall announces funding round from UK VC
- 3 years 10 months ago
- Artificial Intelligence, Fund Management
UK tech startup Temporall, founded by a former Google global director, has developed a world class AI and analytics-based platform to give key performance insights to leadership teams. The company has announced a £1m seed+ funding round from UK-based VC Luminous Ventures on June 1st.
Predictive AI could save farmers millions
- 3 years 10 months ago
- Artificial Intelligence
A UK Gov & Microsoft backed Agri-tech Centre has developed AI that predicts crops’ shipment window 3x earlier than previously possible. The first proof-of-concept promises to save one leading farming business >£6m p/a, equivalent to 15% increase in gross profit. Delayed harvests are an expensive problem for international farming. Overseas crops are grown to a specified shipment window, which provides retailers with a constant supply of... more
FICO Partners with OpenWrks to Deliver Affordability Assessments
- 3 years 10 months ago
- Artificial Intelligence, Open Banking
Global analytics and decision management provider FICO has partnered with OpenWrks – a leading provider of Open Banking based digital engagement applications. Under the partnership, which initially serves the UK market, FICO plans to combine OpenWrks financial budgeting and conversational AI technology with FICO’s market-leading integrated collections and omni-channel platform to assist creditors in making the most appropriate customer decisions... more
Element AI to collaborate with Veritas Consortium to support development of framework for responsible use of AI in the financial industry
- 3 years 11 months ago
- Artificial Intelligence
Element AI, a global developer of artificial intelligence-powered (AI) solutions and software, today announced a new collaborative relationship with the Veritas Consortium led by Monetary Authority o
Acronis enters official AI partnership with A.S. Roma
- 3 years 11 months ago
- Artificial Intelligence
Acronis, a global leader in cyber protection, today announced the official Artificial Intelligence partnership with Associazione Sportiva Roma, an Italian professional football club. Under the agreement, Acronis will be providing AI and Machine Learning (ML) solutions to process football data to optimise game and business operations, and cyber protection solutions for mission-critical workloads.
Findr launches AI matching platform to help fintechs grow safely during lockdown
- 3 years 11 months ago
- Artificial Intelligence, Platform Technology
Findr has launched operations in London with the vision of becoming the leading global technology platform for automating and accelerating the creation of commercial partnerships. The company will initially focus on the UK fintech market – the second largest in the world.
DriveWealth brings U.S. stock investing capability to India-based AI wealth management firm
- 3 years 11 months ago
- Artificial Intelligence, Wealth Management
DriveWealth, LLC, a U.S. based leader in global digital trading technology, announced today that the firm has partnered with INDmoney, an artificial intelligence (AI) and machine-learning based wealth management platform in India, to bring U.S. stock investing technology and capability to INDmoney clients.
NetSuite implementation specialist Threadgold Consulting brings Sidetrade's AI tech to SMEs
- 3 years 11 months ago
- Artificial Intelligence, Platform Technology, SaaS
Sidetrade, (Euronext Growth: ALBFR.PA) the B2B Artificial Intelligence platform, is proud to extend the value of their AI platform, leveraging a new partnership with Threadgold Consulting, a NetSuite implementation specialist. Forward thinking SMEs across the UK will now have a cutting-edge accounts receivable solution within their grasp, thanks to a new partnership between AI firm Sidetrade, and Threadgold Consulting.
Pelican connects over 2,000 banks with OBWG and Berlin Group interoperable APIs
- 3 years 11 months ago
- Artificial Intelligence, Security and Compliance
Pelican AI, a global provider of AI-powered payments and financial crime compliance solutions for banks and corporates, today announced that the Pelican API Interoperability Hub now offers open API connections to 2,187 banks across Europe. This is an important milestone for PSD2 connectivity Europe-wide with connectivity spanning 29 countries. The connected banks already in live production include 46 in the UK, 30 in Belgium, 13 in the... more
Axyon AI Appoints Francesca Campanelli as New Chief Commercial Officer
- 3 years 11 months ago
- Artificial Intelligence, People Moves
Axyon AI, a leading AI provider for the asset management industry, has appointed Francesca Campanelli as its new Chief Commercial Officer (CCO). Axyon AI provides deep learning solutions that help asset managers deliver more efficient and innovative investment products. The company, which includes UniCredit S.p.A. and ING Bank N.V. among its investors, operates in close partnership with the renowned AI and computer sciences faculty at the... more
Acronis Cyber Protect Cloud: a “Vaccine” Option for Cyber Threats
- 3 years 11 months ago
- Artificial Intelligence, Blockchain, Cloud, Cybersecurity, Data Protection
Acronis, announced today the global launch of Acronis Cyber Protect Cloud, the first and unique cyber protection solution that integrates backup, disaster recovery, next-generation anti-malware, anti-virus, cybersecurity and management tools all in one single console.
VIPO improves customer experience in retail industry via AI solution
- 3 years 11 months ago
- Artificial Intelligence, E-Commerce, Data
A new EIT Digital-supported project is going to hit the market. As Europe’s innovation engine, EIT Digital has put together the University of Barcelona, Bright Cape and the University of Rennes1, which led the activity, to leverage the innovation proposal of VIPO, a startup combining computer vision and Artificial Intelligence to help retail and fashion companies customize their users’ experience.
