IeDigital Acquires AI Fintech Software House Abaka
- 6 months 3 weeks ago
- Artificial Intelligence, Personal Finance
ieDigital has today announced the acquisition of ABAKA, the AI - recommendation engine platform that uses machine learning and behavioral segmentation software to predict which products – such as banking products, savings accounts, or retirement solutions – are the most
WealthArc and ZeroLink are Transforming Wealth Management with Artificial Intelligence
- 6 months 4 weeks ago
- Artificial Intelligence, Machine Learning, Wealth Management
WealthArc, a Swiss-born global wealth data management solution provider, has partnered with ZeroLink, a pioneering company in neurosymbolic KGQA technology, to develop WealthArc AI & Analytics – a cutting-edge machine learning-powered “Chat with your data” service tailored for the wealth management space.
Finastra Leverages Databricks to Enhance Product Development and AI Capabilities
- 7 months 21 hours ago
- Artificial Intelligence, PaaS
Finastra, a global provider of financial software applications and marketplaces, today announced it is working with Databricks, a data and AI company, to provide more value-added solutions and services to its customers and partners globally. The collaboration enables Finastra to further unlock access to its data and deliver additional value with AI, including generative AI (Gen AI) capabilities.
BlueFlame AI Transforms Diligence and DDQ Processes with Microsoft Excel Add-in
- 7 months 23 hours ago
- Artificial Intelligence, Investment
BlueFlame AI (“BlueFlame"), the leading generative AI platform for alternative investment managers, today launched its new Microsoft Excel Add-in.
GFT Improves Leading Position for AI and Data Analytics Projects in the Google Cloud
- 7 months 1 day ago
- Artificial Intelligence
GFT has improved its leadership position in the “2023 ISG Provider Lens™ Google Cloud Partner ecosystem - Data Analytics and Machine Learning”. This recognition highlights GFT's expanding expertise and innovative solutions in artificial intelligence (AI), particularly with the recent launch of the GFT AI.DA Marketplace.
Mastercard Announces Development of Inclusive AI Tool to Provide Personalized, Real-time Assistance to Small Business Community
- 7 months 4 days ago
- Artificial Intelligence
Mastercard is in the development of a new initiative to support small business owners globally with personalized guidance to help them grow and thrive.
Riskified Announces Expanded Chargeback Management System to Soothe the Chargeback Holiday Hangover and Maximize Revenue Recovery
- 7 months 4 days ago
- Artificial Intelligence, PaaS
Riskified, a leader in e-commerce fraud and risk intelligence, today announced further expansion of its
Invest Qatar Launches Ai.SHA, an Azure Open AI GPT-Powered Chatbot
- 7 months 2 weeks ago
- Artificial Intelligence, PaaS
The Investment Promotion Agency Qatar (Invest Qatar) has partnered with Microsoft to develop AI.SHA is an innovative AI-powered assistant harnessing GPT capabilities through the Azure OpenAI service. This groundbreaking initiative positions Invest Qatar as one of the first investment promotion agencies (IPA) in the world to adopt advanced technology, paving the way for transformative changes in professional interactions between investors and... more
Key Trends Set to Shape Fintech Throughout 2024.
- 7 months 4 weeks ago
- Artificial Intelligence, Banking
Innovations in fintech continued to evolve over the course of 2023. Leading into 2024, Gen Z continues to lead the way with fintech service adoption as digital wallet use surges, and the adoption of AI advances the industry.
AI is a Tool Not a Magic Trick
- 8 months 4 days ago
- Artificial Intelligence
Having become more readily available, generative AI has captured the public’s attention and sparked concerns around its accuracy and bias. Global analytics software leader FICO is highlighting that all data is biased, and when it is used to build AI appropriate interpretable machine learning, algorithms and guardrails need to be employed.
UK Consumers Divided on Use of Generative AI in Banking – But 62% Believe Regulation Would Increase Trust, Reveals New Research by FIS
- 8 months 4 days ago
- Artificial Intelligence, Personal Finance
FIS®, a global leader in financial services technology, has conducted new consumer research into the extent to which people understand and trust generative artificial intelligence (GenAI), as well as their attitudes towards the emerging technology’s role in personal finance and banking.
Mambu Reveals Top Financial Trends Set to Shape the Industry in 2024
- 8 months 1 week ago
- Artificial Intelligence, Banking
Mambu, the
Airwallex Improves Customer Onboarding with Generative AI
- 8 months 1 week ago
- Artificial Intelligence
Airwallex today shared data on the impact of a new generative AI tool that enhances the speed and efficacy of its “Know your Customer” (KYC) and onboarding processes. The new tool reduces ‘false positives’ by 50 percent on average, while boosting the number of customers that pass through the onboarding process without human intervention by 20 percent.1
Moody’s Launches Moody’s Research Assistant, a GenAI Tool to Power Analytic Insights
- 8 months 1 week ago
- Artificial Intelligence, Financial
Moody's Corporation today announced the launch of Moody’s Research Assistant, a first-of-its-kind search and analytical tool powered by generative artificial intelligence (GenAI). Leveraging Moody’s extensive proprietary content and the latest large language models (LLMs), the product helps customers generate new insights from the breadth and depth of Moody’s credit research, data, and analytics.
Lucinity Estimates $27 Billion Annual Savings for Banks Through Generative AI Upskilling
- 8 months 1 week ago
- Artificial Intelligence, Banking
Lucinity, the leader in AI for financial crime prevention, estimates that the recent advancements in generative AI can save the banking industry $27 billion annually in training and staff costs. Generative AI has the potential to significantly enhance the skills of less-experienced workers, improve the quality of their output, and result in substantial cost savings for the banking sector.
