Artificial Intelligence

Regtech Shield Launches INSIDERS Service to Track Insider Trading

Shield, a UK based Regtech, has launched a solution that is said to combine its Insider Trading and Information Handling feature to provide greater monitoring of employees. The Shield “INSIDERS” is described as using AI, to provide a highly accurate integrated approach to monitor all… Read More

Eran Noam From Shield Explains How Natural Language Processing and Financial Context Recognition Help with Business Compliance Processes

Israel based Regtech firm Shield was recently chosen to join the IBM Cloud for Financial Services ecosystem. Many financial institutions have been migrating or deploying new applications on Cloud-powered platforms that streamline routine banking and related business processes. We recently caught up with Eran Noam,… Read More

AI and Machine Learning Network Fetch.ai to Launch Incentivized Testnet Program on October 22, 2020

AI and machine learning network Fetch.ai is inviting developers and software testers to take part in its incentivized testnet program – which will be launching next week on October 22, 2020. The Fetch.ai team noted that their goal is to develop the infrastructure needed for… Read More

AI, Big Data, and Blockchain Firm Bianjie Partners Wuhan Run He De Kang to Implement DLT Solution for Fighting COVID-19

Bianjie and the Wuhan Run He De Kang (RHDK) have partnered to implement a blockchain or distributed ledger technology (DLT) enabled Epidemic Early Warning System, in order to help in the fight against Covid-19. As mentioned in the announcement, Wuhan RHDK is a healthcare-focused, Big… Read More

AI and Machine Learning Can Help Fintechs if We Focus on Practical Implementation and Move Away from Overhyped Narratives, Researcher Says

Artificial intelligence (AI) and machine learning (ML) algorithms are increasingly being used by Fintech platform developers to make more intelligent or informed decisions regarding key processes. This may include using AI to identify potentially fraudulent transactions, determining the creditworthiness of a borrower applying for a… Read More

Digital Banking Solution Meniga Announces Operations Expansion to the U.S.

Meniga, UK-based AI-powered digital banking solutions announced on Friday it has expanded its services to the U.S. The U.S. launch comes less than six months after Meniga secured €8.5 million through its latest strategic investment round, which was led by French banking group Groups BPCE with… Read More

AI and Machine Learning Network Fetch.ai Integrates Chainlink (LINK) Decentralized Oracles on its Mainnet

AI and machine learning network Fetch.ai has integrated Chainlink (LINK) Oracles. The integration is now live on mainnet. It connects real-world asset price data to autonomous software, according to a blog post published by Fetch.ai on October 8, 2020. Fetch.ai is a Cambridge-headquartered artificial intelligence… Read More

Michael Rennie: Product Manager at Mendix Explains How Low-Code Addresses Developer Talent Shortage, Delivers on Desired Business Outcomes

We recently connected with Michael Rennie, a U.K.-based product manager for Mendix, a Siemens business and the global leader in enterprise low-code. Mendix pioneered the low-code product category 15 years ago. The low-code approach addresses the coder crunch, the growing demand for software applications, and… Read More

Fintech Harvest to Offer AI and Machine Learning enhanced Financial Wellness Reports

US-based Fintech firm Harvest is reportedly planning to transform the existing credit scoring systems. Like many other Fintechs, Harvest will be using artificial intelligence (AI) and machine learning (ML) algorithms to offer clients a dynamic view of their financial profile. This should help people with… Read More

Australian Fintech WeMoney Secures $2 Million in Seed Funding to Launch Financial Wellness Platform

Dan Jovevski, a Fintech professional and former banker at National Australia Bank (NAB), has reportedly helped his company, WeMoney, with securing $2 million in capital in order to provide a service that helps young consumers with making better financial decisions. As reported by the Financial… Read More

Binance Alum Fetch.ai, a Blockchain focused AI Firm, to Support Application Developers with Autonomous Economic Agent Registry

AI and machine learning network Fetch.ai has unveiled an outcome of its developer engagement project, which aims to make it easier to develop applications and related services on top of the Fetch.ai network. The Fetch.ai team noted that they’ve built what they call an “Autonomous… Read More

Cybersecurity Unicorn Snyk, which Is Valued at $2.6 Billion, Acquires DeepCode, an AI Code Startup

Hristo Borisov, the co-founder and CEO at Payhawk, a firm that issues “next-generation” company cards with automated expense management, says that he’s happy to see “another strong story and exit from the diaspora.” Borisov notes that “serving developers is one of the most rewarding experiences,… Read More

Nav, a Machine Learning enhanced Financing Platform for SMEs, Adds Real-Time Business Data Analytics, Other Major Updates

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Nav, an intelligent and easy-to-use financing platform for SMBs, revealed on September 22, 2020, that it has developed a more enhanced or improved solution. Nav noted in a release shared with CI that it has added real-time business data analysis and bank account connectivity. The… Read More

U.S. Insurtech CogniSure Debuts AI Platform For Commercial Loss Run Automation

CogniSure AI, an insurtech startup that is focused on providing actionable insights from unstructured insurance documents such as policies, loss runs, quotes, and submission emails, announced on Wednesday the launch of its artificial intelligence (AI) platform for commercial loss run automation. Founded in 2019, CogniSure… Read More

Fintech Syfe Raises USD $18.6 Million in Series A Funding

Singapore based Digital wealth manager Syfe has closed on a SG$ 25.2 million (USD $18.6 million) Series A funding round led by Valar Ventures. Other investors in the round include Presight Capital, and existing investor Unbound, the UK-based investment firm that led Syfe’s seed funding… Read More

Israel based Fintech Fintica Teams Up with UAE-headquartered CEO of Barker and Booth

Mohammed Al Beloushi, CEO at Barker and Booth Commercial Agency LLC, has confirmed that his company will make a strategic investment into the operations of Israel-based Fintech firm Fintica AI LLC, a deal made after the signing of the Abraham Accords – which is the… Read More

No Code Digital Future: EasySend Raises $16 Million

  EasySend, a company that wants to help insurance companies, banks, and other financial services firms better develop their tech stack with an “AI-powered no-code platform,” has raised $16 million. The Tel Aviv based company reports that the Series A funding was led by Hanaco… Read More

Ocean Protocol Team Introduces Program for Web 3.0 Startups that Will “Unlock” AI and Innovative Data Management Apps

The team at Ocean Protocol, which allows software engineers to build marketplaces and other apps to privately and securely publish, exchange, and consume data, have introduced an initiative, called Ocean Shipyard, which is an early-stage program for Web 3.0 focused startups and projects that aim… Read More

AI and Machine Learning Technologies Are On the Rise Globally, with Governments Launching Initiatives to Support Adoption: Report

Kate MacDonald, New Zealand Government Fellow at the World Economic Forum, and Lofred Madzou, Project Lead, AI and Machine Learning at the World Economic Forum have published a report that explains how AI can benefit everyone. According to MacDonald and Madzou, artificial intelligence can improve… Read More

Ocean Protocol Developers to Build Bridge between their Marketplace and Energy Web Decentralized Operating System

The developers of Ocean Protocol, which allows software engineers to build marketplaces and other apps to privately and securely publish, exchange, and consume data, will be creating a “bridge” between the Energy Web Decentralized Operating System (EW-DOS) and Ocean’s data marketplaces. As mentioned in a… Read More

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