Artificial Intelligence

Artificial Intelligence: Boost.ai Unveils Large Language Model Enhancements to Conversational AI Platform

Boost.ai, a conversational AI solution provider, today announced Version 12 of its platform, the first of a series of planned updates by the company to incorporate Large Language Model (LLM)-enriched features. This iteration is “focused on key customer experience (CX) improvements, including content suggestion, content… Read More

Wealthtech: TIFIN Wealth to Support Growth of Financial Advisors by Offering Personalized Investment Platform

TIFIN Wealth, the AI engine for organic growth, has announced a partnership with NAPFA. To support the smallest advisors to grow faster, TIFIN will “provide free access to the AI platform’s advanced investment assessment and proposal capabilities for NAPFA-affiliated advisors with less than $100M in… Read More

Decision Intelligence Solutions Provider Quantexa Provides ING with Solution to Automate Global Risk Coverage

Quantexa, a global firm focused on Decision Intelligence (DI) solutions for the public and private sectors, announced that ING is deploying Quantexa’s platform to strengthen its risk detection and investigative efforts. Being a global bank serving 37 million customers, corporate clients, and financial institutions in… Read More

Artificial Intelligence: Ocrolus Adds OpenAI GPT Embeddings for Deeper Automation in Financial Document Analysis

Ocrolus, a key player focused on AI-driven document automation for faster and more accurate lending decisions, announced it has integrated GPT embeddings from OpenAI into its set of technologies. The addition of OpenAI GPT embeddings “strengthens Ocrolus’ ability to process semi-structured and unstructured documents, such… Read More

Regtech, Artificial Intelligence: Bank of Valletta Adopts Resistant AI’s AML Product to Tackle Financial Crime

Resistant AI, the AI and machine learning financial crime prevention specialists, today announces that Bank of Valletta, the largest bank in Malta, is to adopt its Transaction Forensics product for anti-money laundering (AML). It will “enable the bank to prevent and detect transactions that are… Read More

Online Lender Upstart Catches a Bid as Earnings Deemed Positive by Investors

Upstart (NASDAQ:UPST), an online lending marketplace that leverages artificial intelligence (AI) has posted Q1 2023 earnings that have topped analyst expectations driving shares higher in after-hours trading. Dave Girouard, co-founder and CEO of Upstart, issued a statement sharing he was pleased with Q1 performance: “Despite… Read More

AI, Machine Learning: Openlayer Finalizes $4.8M Seed Round

Openlayer, which claims to be the creator of the world’s most comprehensive platform for testing AI, announced that it has closed a $4.8 million seed round. The funds from the investment round will be used “to expand its workforce and enhance the platform’s functionality so… Read More

ThetaRay, an AI-powered Transaction Monitoring Tech Provider, Reports Significant Revenue Growth in 2022

ThetaRay, a provider of AI-powered transaction monitoring technology for banks and fintech, today announced 260% revenue growth in 2022, and the appointment of Eran Fishov as VP of Customer Success, Enterprise, “to accelerate market momentum.” Fishov joins the company in order “to lead relationships with… Read More

Artificial Intelligence: Fintech Trovata Launches Generative AI Finance, Treasury Tool

Trovata, which claims to be the global “leader” in bank APIs and cash management, recently announced the first generative AI entrant in the fintech space. Trovata AI leverages OpenAI’s ChatGPT technology “to accelerate the company’s vision of automating cash workflows and business intelligence for corporate… Read More

Insurtech Lemonade Releases Q1 2023 Financial Results

Lemonade, Inc. (NYSE: LMND) has released its first quarter 2023 financial results. The Q1 2023 financial results were shared by Lemonade in the Letter to Shareholders and can be accessed via the company’s investor relations section. As covered, Lemonade reportedly “offers renters, homeowners, car, pet,… Read More

Jobs Report: 25% of Roles May Change in Next 5 Years, with AI, Machine Learning, Digital Tech Transforming Role of Workers

The Future of Jobs Report 2023 suggests that “almost a quarter of jobs (23%) are expected to change in the next five years through growth of 10.2% and decline of 12.3%.” According to the estimates of the 803 companies surveyed for the report, employers “anticipate… Read More

SaaS Retail Intelligence Platform Provider EDITED Expands Team to Accelerate Innovation, Business Growth

EDITED, supplier of the SaaS Retail Intelligence platform, announced the appointment of Shellie Vornhagen as its Chief Marketing Officer, David Hartig as Chief Technology Officer and Shakeel Abdul as Chief Strategy Officer. These key additions to the C-Suite aim to “solidify a successful 2022 that… Read More

Experian Introduces AI Fraud Solution to Combat Fraudulent Activities, Boost Revenue

Experian – which claims to be one of the world’s leading global information services companies – has launched Aidrian, a new cloud-based fraud solution “powered by adaptive Machine Learning, which enables businesses to prevent fraud without impacting the customer experience.” Experian’s latest research “shows fraud… Read More

Artificial Intelligence: Binance Introduces AI-powered Web3 Tool to Enhance Learning Experience

The team at Binance are pleased to announce the launch of Binance Sensei, their new AI-powered tool on the Binance Academy platform, which can be used “to enhance your Web3 learning experience.” Over the course of the last year, they’ve seen deep-learning systems such as… Read More

Artificial Intelligence: Reviewpad Raises €1M to Streamline Code Reviews by Leveraging AI Tech

Reviewpad, the platform that helps developers by automating the code review process, has raised a €1M pre-seed round. The investment round was “led by Shilling VC with participation from angel investors Simon Brandhof and Freddy Mallet.” The new round “brings the total raised to date… Read More

Enterprise AI Solutions Provider Hyperscience Appoints Andrew Joiner as CEO

Hyperscience, a provider of enterprise artificial intelligence solutions, is pleased to announce the appointment of Andrew Joiner as its new Chief Executive Officer. Joiner’s experience and track record in the software industry “will contribute greatly to the company’s overall strategy and growth initiatives—at a time… Read More

AI, Automation Platform Ctrl Secures $9M to Free Revenue Teams from Tedious Tasks by Enhancing Workflows

Ctrl, the workspace that helps Revenue teams “supercharge” their CRM and customer workflows with advanced automation, AI tools and integrations,  has raised a $9 million funding round led by LocalGlobe and Earlybird. Dig Ventures and Jibe Ventures, alongside angels including sales leaders from Slack, Intercom,… Read More

Voice Banking Service Introduced by Glia, a Digital Technology Solutions Provider

Glia, the provider of Digital Customer Service (DCS), announced a voice banking solution for the Glia Interaction Platform. The new feature is “an extension to its turnkey AI-powered Glia Virtual Assistants (GVAs) to support dial-in phone interactions.” This provides “a single, native virtual assistant across… Read More

Fintech Klarna Offers New AI Powered Shopping Feed, More Features Designed to Boost Business

Digital bank / Fintech Klarna aims to make its platform a global shopping destination for 150 million consumers. Klarna hopes to enable its 500,000 retailers to benefit from its new personalized shopping feed powered by artificial intelligence (AI). The Klarna app’s discovery shopping feed, powered… Read More

Decision Intelligence, AI Innovator Quantexa Announces Availability on Google Cloud Marketplace

Quantexa, a global firm focused on Decision Intelligence (DI) solutions for the public and private sectors, has announced the global availability of its Decision Intelligence Platform and solutions on Google Cloud Marketplace, making it simple for global enterprise customers “to trust their data and make… Read More

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