Fintech Workforce to Expand 19% by 2030 Thanks to AI, Cambridge University Predicts
- 4 years 2 months ago
- Artificial Intelligence
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.
Kasisto Raises a Further $22 Million for Conversational AI
- 4 years 2 months ago
- Artificial Intelligence
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. The new funding comes at... more
Yseop launches Augmented Analyst, the next-generation AI NLG platform revolutionizing intelligent reporting automation
- 4 years 2 months ago
- Artificial Intelligence
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
Yseop Launches Augmented Analyst
- 4 years 2 months ago
- Artificial Intelligence
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.
Encompass receives £1.97m grant to develop AI tool for the financial services sector
- 4 years 2 months ago
- Artificial Intelligence
Glasgow-based regulatory technology (regtech) firm Encompass has received a £1.97m research and development (R&D) grant from Scottish Enterprise to develop an Artificial Intelligence (AI) Platform for its financial services clients, it was announced by First Minister Nicola Sturgeon today. The funding is part of a project with a total value of £4.9m, which will create 33 new high-value RegTech jobs in the city.
Accenture Boosts Analytics Skills With Mudano Acquisition
- 4 years 2 months ago
- Artificial Intelligence
Accenture has agreed to buy Mudano, a data consultancy that works with UK financial services firms. Financial terms were not disclosed.
Scotiabank Gifts $750,000 to University of Ottawa to Support AI Research
- 4 years 2 months ago
- Artificial Intelligence
Today, Scotiabank announced a donation of $750,000 to the University of Ottawa to launch the Scotiabank Fund for the AI & Society Initiative.
Itiviti partners with AI innovator Imandra to integrate machine learning into client onboarding and testing tools
- 4 years 2 months ago
- Artificial Intelligence
Itiviti, a leading technology, and service provider to financial institutions worldwide, has signed an exclusive partnership agreement with Imandra Inc., the AI pioneer behind the Imandra automated reasoning engine. Imandra’s technology will initially be applied to improving the onboarding process for our clients to Itiviti’s Managed FIX global connectivity platform, with further plans to swiftly expand the AI capabilities across a... more
MarketAxess Deploys H20.ai Machine Learning Tech
- 4 years 2 months ago
- Artificial Intelligence
H2O.ai, the open source leader in artificial intelligence (AI) and machine learning (ML), today announced that its open source platform, H2O, provides critical machine learning capabilities to MarketAxess, the operator of a leading electronic trading platform for fixed-income securities and the provider of market data and post-trade services for the global fixed-income markets.
Intel Examines Whether AI Can Recognise Faces Using Thermal Imaging
- 4 years 2 months ago
- Artificial Intelligence
Researchers from Intel have published a study examining whether AI can recognise people’s faces using thermal imaging. Thermal imaging is often used to protect privacy because it obscures personally identifying details such as eye colour. In some places, like medical facilities, it’s often compulsory to use images which obscure such details. AI is opening up many new possibilities so Intel’s researchers set out to determine whether thermal... more
Google CEO Calls For AI Governance
- 4 years 3 months ago
- Artificial Intelligence
In a Sunday opinion column in The Financial Times (FT), Google and Alphabet chief executive officer (CEO) Sundar Pichai wrote about the importance of having government oversight regarding artificial technology (AI). “Growing up in India, I was fascinated by technology. Each new invention changed my family’s life in meaningful ways,” he wrote. Now that he is in the position to frame new tech advances, he said he believes that international... more
Appian Announces Partnership with Celonis
- 4 years 3 months ago
- Artificial Intelligence
Appian (APPN) today announced a technology partnership and integration initiatives with Celonis, the market leader in AI-enhanced Process Mining and Process Excellence software, to unite Appian’s low-code application development platform with the powerful process mining technology of the Celonis Intelligent Business Cloud (IBC). The partnership will accelerate digital business process transformation and continuous process improvement for joint... more
Apple Buys Edge AI Experts Xnor.ai For a Reported $200 Million
- 4 years 3 months ago
- Artificial Intelligence
Apple has acquired Seattle-based edge AI experts Xnor.ai for a reported $200 million. If you recognise Xnor.ai, it’s likely because the company’s technology once powered the person-detection feature on Wyze’s popular cameras. Xnor.ai abruptly cancelled their contract with Wyze back in November – and now we know why. In layman’s terms, edge computing means the processing is done on-device. On-device computation has significant advantages when it... more
World’s first AI-powered company deal-flow search engine, mnAI, launches for UK investors
- 4 years 3 months ago
- Artificial Intelligence, Data
Built for the investment and acquisition markets, mnAI, a new AI-powered company intelligence platform, has launched in the UK today. mnAI reduces the time it takes companies and individuals to identify and understand relevant businesses from months to minutes.
Orange opens its new Orange Middle East and Africa headquarters in Morocco, confirming its desire to strengthen its presence in Africa
- 4 years 3 months ago
- Artificial Intelligence, Data, Infrastructure
Today, Orange (http://www.Orange.com) officially inaugurates the Orange Middle East and Africa operational head office in Morocco in the presence of Stéphane Richard, Chairman and CEO of Orange; Alioune Ndiaye, CEO Orange Middle East and Africa; the members of Orange’s Executive Committee and local officials.
