Artificial Intelligence

August 22, 2023 @ 10:23 am By Omar Faridi  |  

FluidAI, the fintech making tokenized market access more efficient for institutions, trading platforms, and retail investors, has announced a partnership with I-X, Imperial College London’s artificial intelligence (AI) initiative. It marks the “first-known” AI partnership at “a globally renowned university to be partially funded by… Read More

August 21, 2023 @ 9:23 pm By Omar Faridi  |  

TIFIN AMP, the artificial intelligence (AI) platform for the intelligent distribution of funds, is pleased to announce the appointment of Sal Gagliano as the Chief Executive Officer. The firm also announced “the addition of Charlie Shaffer as the President and Chief Revenue Officer. Dr. Vinay… Read More

August 21, 2023 @ 3:39 pm By Omar Faridi  |  

Qraft Technologies, an invest-tech company specializing in artificial intelligence investing solutions, has formally entered into a strategic partnership with Hex Trust, the institutional-grade digital asset custodian licensed across global financial hubs. With the signing of the Memorandum of Understanding (MoU), Qraft will “develop digital asset… Read More

August 18, 2023 @ 12:01 pm By Omar Faridi  |  

Artificial Intelligence has considerably impacted the financial services industry in recent years, especially since the advent of OpenAI in late 2022. According to the Economist Intelligence Unit, 54% of financial services organizations with over 5000 employees “have implemented AI systems.” Most recently, the now-familiar customer-facing… Read More

August 18, 2023 @ 11:33 am By Omar Faridi  |  

Amidst the rapid change brought about by digital transformation and artificial intelligence (AI) in the financial services landscape, Eltropy’s CFI customers are adding AI Chat to their member/customer service offering, “providing them with round-the-clock service, optimizing agent efficiency to focus on more complex issues, and… Read More

August 17, 2023 @ 12:37 pm By Omar Faridi  |  

Matera, maker of instant payments, QR code and digital ledger technology, announced its strategic acquisition of Cinnecta, an AI company renowned for its solutions in customer retention, loyalty and enhancing digital experiences. The acquisition underpins Matera’s mission “to provide clients with unmatched value, especially in… Read More

August 15, 2023 @ 10:02 am By Omar Faridi  |  

Credit scoring is a statistical method employed by lenders to predict the probability an existing and/or prospective borrower or counterparty “will default on loans/credit products, or incur additional charges for repayment, also known as measuring creditworthiness,” the team at Juniper Research explains. Juniper Research also… Read More

August 15, 2023 @ 9:31 am By JD Alois  |  

Global credit card management firm Marqeta (NASDAQ: MQ) has revealed its “Docs AI,” described as an AI-powered external-facing question and answer tool, which seeks to reduce the amount of time spent on coding and testing tasks by up to 75%. Marqeta Docs AI is a… Read More

August 14, 2023 @ 10:50 pm By Omar Faridi  |  

CUBE3.AI, the real-time web3 transaction security platform that blocks malicious threats, announced that its platform is generally available, and that it “has raised $8.2 million in seed funding led by Blockchange Ventures, with participation from Dispersion Capital, Symbolic Capital, Hypersphere Ventures, ICLUB and TA Ventures…. Read More

August 13, 2023 @ 6:48 pm By Omar Faridi  |  

deepset.ai – the enterprise platform for building applications with LLMs – has raised $30 million in funding led by Balderton Capital. The investment round also included participation from existing investors GV (Google Ventures), and Harpoon Ventures. deepset claims that it “solves one of the biggest… Read More

August 8, 2023 @ 4:27 pm By Omar Faridi  |  

Acuity Trading, a global provider of AI data-driven trading tools, unveils a brand new product creating unique, actionable insights for brokers and traders. The latest innovation from news technology company Acuity Trading is here: ‘NewsIQ,’ a unique tool designed “to turn media coverage analysis into… Read More

August 7, 2023 @ 1:35 am By Omar Faridi  |  

Zinia AI, which says that it empowers organizations to optimize their business decisions with Generative AI platform, has secured 131% (£263,927) of its £200,004 target from 217 investors at the time of writing, through Seedrs, with just 5 days left in the initiative’s ongoing crowdfunding campaign…. Read More

August 5, 2023 @ 6:17 am By Omar Faridi  |  

Investment in Australian startups over the first six months of 2023 “fell to US$1.11 billion, compared to US$3.64 billion over the corresponding period in 2022,” according to newly released data from KPMG. The latest numbers from the KPMG Private Enterprise Venture Pulse report shows that… Read More

August 3, 2023 @ 9:45 am By Omar Faridi  |  

We recently connected with Peter Barcak, Founder & CEO of credolab, which claims to be today’s largest developer of bank-grade digital scorecards and data enrichment solutions based on behavioral metadata. The company leverages privacy-consented and anonymous smartphone and online metadata to provide lenders, risk officers,… Read More

August 2, 2023 @ 10:28 pm By Omar Faridi  |  

Already a key player in the Data & AI market, Capgemini says it is well positioned to support clients through their next era of digital transformation thanks “to the breadth of its generative AI services, deep industry expertise, and its industrialized delivery assets.” As a… Read More

August 1, 2023 @ 10:55 pm By Omar Faridi  |  

France’s privacy-focused watchdog CNIL stated on Friday (July 28, 2023) that it is well aware of ChatGPT-founder Sam Altman‘s Worldcoin initiative and that the legality of its biometric data collection process appears to “questionable.” Worldcoin, which was officially introduced on Monday, requires clients to offer… Read More

August 1, 2023 @ 7:19 am By Omar Faridi  |  

CAPE Analytics, which claims to be the leader in AI-powered geospatial property intelligence, is pleased to announce its partnership with Intermap Technologies, a global firm focused on 3D geospatial products and intelligence solutions via its powerful suite of software applications. CAPE says that it will… Read More

July 31, 2023 @ 4:23 pm By Omar Faridi  |  

Passage reports that it has raised $6 million in order to launch an AI-driven Virtual World Builder. Funds were reportedly raised through private sale of its PASG token and will now “go towards the continuous development of the Passage world building platform, built with Cosmos… Read More

July 30, 2023 @ 12:54 pm By Tony Zerucha  |  

Provenir, a provider of data and AI-powered risk decisioning software, this week announced the appointment of Richard Kern as senior vice president of Global Professional Services. The head of Provenir’s global professional services team, Kern is charged with overseeing client delivery services. That includes implementation… Read More

July 25, 2023 @ 11:45 am By JD Alois  |  

Dalmore Group is a broker-dealer that provides tech-enhanced services for private companies that are looking to raise money online. Providing assistance to companies raising capital under  Reg CF, Reg A+, and Reg D, Dalmore reports more than 1000 companies have utilized their services, raising over… Read More