Artificial Intelligence

November 26, 2024 @ 4:35 pm By Omar Faridi  |  

iwoca, one of Europe’s SME lenders, announces access to a £500,000 fund to help small businesses and employees build skills in artificial intelligence (AI) and data analytics. Teaming up with learning provider Multiverse, iwoca can now transfer half of its unused apprenticeship levy (~£250,000) to… Read More

November 26, 2024 @ 8:55 am By Omar Faridi  |  

Temenos (SIX: TEMN) announced it is bringing on-premises Temenos generative AI — built with the NVIDIA AI platform — to banks, allowing them to transform data into real-time insights while retaining control over their information. Banks are now able to deliver customer-centered experiences by processing… Read More

November 26, 2024 @ 8:50 am By Omar Faridi  |  

Brightflag, an AI-powered e-billing and matter management platform for corporate legal departments, launched Ask Brightflag, which is described as the first generative AI assistant for legal spend and matters. E-billing and matter management tools are said to serve the following purposes: They perform tasks, like… Read More

November 23, 2024 @ 6:04 pm By Tony Zerucha  |  

As Black Friday and the holiday shopping season approaches, payment service providers, merchants and Fintechs are preparing for a surge in transactions. However, so are fraudsters. According to recent studies conducted by public and private entities, cybercriminals are increasingly using AI-based techniques that allow them… Read More

November 22, 2024 @ 8:46 am By JD Alois  |  

The Bank of England and the Financial Conduct Authority (FCA) have jointly published a report indicating that 75% of financial firms already use artificial intelligence (AI). AI rocketed to public perception following the release of ChatGPT. Consumer development of AI fueled a need for all… Read More

November 21, 2024 @ 9:57 pm By Omar Faridi  |  

Juniper Research has shared key fintech and payments trends in order to  provide industry stakeholders, including banks, intermediaries, and providers, with foresight into emerging technological shifts and market opportunities. Juniper Research stays focused on on identifying and “evaluating the latest disruptive trends in fintech, payments,… Read More

November 20, 2024 @ 9:32 pm By Omar Faridi  |  

CBInsights has released that aims to highlight key technology trends moving forward, as we prepare for 2025. CBInsights has looked at the future of LLMs, caregiving humanoid robots. crypto’s so-called “baby steps” and other important innovations. CBInsights data has uncovered a number of high-potential emerging… Read More

November 19, 2024 @ 3:18 pm By JD Alois  |  

Cash management and capital markets solutions Arc has launched an artificial intelligence (AI) platform for private credit. Arc Intelligence is said to be the first AI-enabled platform to tackle private credit. The first product is AI Private Credit Analyst, designed to assist credit teams in… Read More

November 18, 2024 @ 11:25 am By JD Alois  |  

Ai16z and Ryze Labs have revealed a new incubator, the AICombinator program. The new partnership is described as the first venture capital firm run by autonomous AI agents investing in AI-driven innovation. Ryze Labs invests in blockchain tech around the world. Initially, the program will… Read More

November 17, 2024 @ 6:08 pm By Omar Faridi  |  

Jeff Weinstein, a Product Specialist at Stripe, recently announced an innovative development for the AI community. Weinstein noted that Stripe’s launch of a new SDK is specifically designed for AI agents. Today(), @stripe is launching a SDK built for AI agents: – LLMs can call… Read More

November 11, 2024 @ 7:23 pm By Omar Faridi  |  

Jumio, a provider of identity verification, risk signals, and compliance solutions, announced its partnership with LatticeFlow AI, a Swiss-based company that enables AI systems. As part of this collab, Jumio will leverage LatticeFlow’s AI platform to “proactively” identify model failure modes, enhance performance and strengthen fraud protection across… Read More

November 10, 2024 @ 9:59 pm By Omar Faridi  |  

Stablecoins issuer Circle, which reported minting over $2 billion in stablecoin USDC in just the past few weeks, has explored how the intersection of AI and blockchain tech is expected to transform our understanding of work and finance, especially via the use of “autonomous” payments…. Read More

November 10, 2024 @ 9:46 pm By Omar Faridi  |  

Denis Beau, the First Deputy Governor of the Banque de France noted recently the use of Artificial intelligence (AI) is on the rise and that the possibilities offered by this set of technologies seem “immense.” Beau added in a blog post from the Banque de… Read More

November 9, 2024 @ 7:25 pm By Tony Zerucha  |  

The term Artificial Intelligence (AI) is inescapable in Fintech today. It is often thrown around, with little knowledge of what it actually means. One certainty is it isn’t a cure-all for many of the issues affecting the industry. AI opens a host of questions, beginning… Read More

November 8, 2024 @ 5:53 pm By Omar Faridi  |  

Ant International, a digital payment and financial technology provider headquartered in Singapore, has been enhancing its integration of AI technologies to support and secure millions of daily cross-border transactions for merchants across 200+ markets. Yang Peng, Chief Executive Officer of Ant International said that integration… Read More

November 8, 2024 @ 9:39 am By Omar Faridi  |  

NatWest has shared an update on the fastest growing scams of 2024. The update from UK’s NatWest noted that an increase in fake parcel delivery texts, social media marketplace scams and AI voice cloning “during the last 12 months.” This, according to the analysis from… Read More

November 7, 2024 @ 5:56 pm By Omar Faridi  |  

Jumio’s identity verification solutions helping global social media company streamline KYC, improve conversions and meet regulatory requirements Jumio, the provider of automated, AI-driven identity verification, risk signals and compliance solutions, announced its partnership with Riley Cillian to streamline eKYC for the social media platform’s video… Read More

November 5, 2024 @ 7:19 am By Omar Faridi  |  

Experian research released recently highlights a strong interest among U.S. consumers in using generative AI for personal financial management. The tech and data company has reportedly surveyed consumers across the country to understand current perceptions about generative AI and how frequently Americans are tapping into… Read More

November 3, 2024 @ 6:20 pm By Omar Faridi  |  

CBInsights has released the latest State of AI Q3’24 Report. CBInsights noted that the quarterly AI (artificial intelligence) deal count surged to reach “highest” level since Q1’22 peak. In Q3’24, CBInsights revealed that the global AI deal count surged “24% QoQ to reach 1,245 —… Read More

November 3, 2024 @ 4:24 pm By Omar Faridi  |  

Quantiphi, an AI-powered digital engineering company, announced a multi-year partnership with Google Cloud to advance enterprise adoption of generative AI and expand its product, engineering and resources to address the demand for Google Cloud’s AI technologies. The partnership builds on the companies’ history of accelerating… Read More