Artificial Intelligence

June 16, 2023 @ 7:23 pm By Omar Faridi  |  

The Fintech Open Source Foundation (FINOS), the financial services arm of The Linux Foundation, will announce at the FINOS Open House at J.P. Morgan its efforts “to spearhead the growth of emerging technologies with the launch of the Zenith Special Interest Group (SIG).” The SIG… Read More

June 16, 2023 @ 9:48 am By Omar Faridi  |  

The convergence of AI and NFTs has far-reaching implications for the gaming industry. It introduces a new level of customization and creativity for players, enabling them to personalize assets within the gaming space. NFTs, providing the technology for creative ownership, synergize with AI, which breaks… Read More

June 15, 2023 @ 12:48 pm By Omar Faridi  |  

Umpqua Bank announced the rollout of Integrated Receivables, a “powerful” cloud-based platform for business customers that will help accounting departments “streamline the processing of high volumes of invoiced payments each month, strengthening companies’ cashflow management and overall efficiency.” Umpqua’s Integrated Receivables helps “eliminate a critical… Read More

June 15, 2023 @ 8:47 am By Omar Faridi  |  

Eurora Solutions, a provider of AI/ML-backed cross-border e-commerce compliance platform, announces the appointment of James Doyle as CEO of its Latin American (LATAM) operations, marking Eurora’s strategic entry to the world’s fastest-growing retail e-commerce region. As noted in the update shared with CI, LATAM saw… Read More

June 14, 2023 @ 10:21 pm By Omar Faridi  |  

Normal Computing, the startup building full-stack probabilistic compute infrastructure enabling artificial intelligence (AI) for the most critical and complex applications, announced today that it has raised $8.5M in a Seed funding round led by Celesta Capital and First Spark Ventures, with participation from Micron Ventures…. Read More

June 14, 2023 @ 10:17 pm By Omar Faridi  |  

Vouched, an AI-driven identity verification platform, announced it will provide identity verification services in support of the launch of FreedomID, a platform designed “to support refugees in their safe passage and settlement anywhere in the world, formed by UK tech company Zenoo.” Vouched expects to… Read More

June 14, 2023 @ 10:14 pm By Omar Faridi  |  

Justt, a chargeback mitigation innovator, announced the launch of a new suite of machine learning powered capabilities designed to revolutionize the way merchants navigate the complex landscape of chargeback management. These innovative features “focus on augmenting merchants’ visibility into and control over the process of… Read More

June 13, 2023 @ 10:14 pm By Omar Faridi  |  

The Monetary Authority of Singapore (MAS) has launched the 8th edition of the Global Fintech Hackcelerator, titled “Artificial Intelligence (AI) in Finance Global Challenge”, in order to “produce innovative and market-ready AI solutions that can transform the financial services industry.” The competition is “conducted in… Read More

June 13, 2023 @ 10:29 am By Omar Faridi  |  

TIFIN AMP, the Artificial Intelligence (AI) Partner For Modern Distribution, is pleased to announce “the successful close of a Series A round and the establishment of a new board independent from parent company TIFIN.” Leading the investment round is Motive Ventures, the venture arm of… Read More

June 13, 2023 @ 10:10 am By JD Alois  |  

At today’s opening of London Tech Week, Prime Minister Rishi Sunak said he sees the UK as an “island of innovation.” Sunak reported that the UK has created 134 unicorns in the last ten years, stating that the UK is one of the most “digitally… Read More

June 12, 2023 @ 11:58 am By JD Alois  |  

One Zero Bank, a digital bank startup based in Israel, is adding artificial intelligence (AI) to its platform, according to a recent report. At the same time, One Zero is raising growth capital, providing an entry point for smaller (accredited) investors on OurCrowd. It was… Read More

June 11, 2023 @ 7:07 am By Omar Faridi  |  

SmartMetric, Inc. reveals that it is getting ready to release its advanced fingerprint biometric activated credit card and that the company’s engineers are now working “on adding embedded AI into the card’s electronics.” Since SmartMetric designed its biometric credit card with a dual processor, it… Read More

June 10, 2023 @ 4:34 pm By Omar Faridi  |  

Cronos Labs, a blockchain startup accelerator that focuses on decentralized finance, Web3 games, social applications, and on the development of the Cronos blockchain’s ecosystem, will collaborate with Google Cloud “to enhance its Accelerator Program and provide startups with resources to develop innovative AI-enabled Web3 applications… Read More

June 10, 2023 @ 1:39 pm By Omar Faridi  |  

Veridas, a global provider of AI-driven identity verification solutions, is pleased to announce the expansion of its Age Verification product. Designed to help businesses meet stringent age verification regulations, this solution combines biometric verification and artificial intelligence “to deliver accurate and efficient age verification services.”… Read More

June 9, 2023 @ 3:23 pm By Omar Faridi  |  

Snyk, which claims tobe the leader in developer security, announced it agreed to acquire Enso Security, “pioneers” of the industry’s first Application Security Posture Management (ASPM) solution. The acquisition is “subject to customary closing conditions and is expected to close in Q2 2023.” Together, with… Read More

June 8, 2023 @ 10:16 am By Omar Faridi  |  

Lucinity, a “pioneering” AI SaaS company specializing in financial crime prevention, introduced Luci. This product is “a copilot powered by advanced generative AI, designed to significantly enhance the productivity of teams working to prevent financial crimes.” By rendering complex data into understandable insights in real-time,… Read More

June 7, 2023 @ 8:52 am By Omar Faridi  |  

Sella is launching the “Artificial Intelligence Business Incubator”, which is described as the the initiative aimed at startups, researchers, entrepreneurial teams, university spin-offs and companies “with projects based on AI technologies in the financial services sector.” “Artificial Intelligence Business Incubator” is currently underway, the international… Read More

June 6, 2023 @ 9:51 pm By Omar Faridi  |  

AntChain announced a new collaboration with Intel to launch AntChain Massive Data Privacy-Preserving Computing Platform (MAPPIC), a new privacy-preserving computing (PPC) platform that brings a data privacy protection solution for large-scale AI machine learning. As a Software-as-a-Service (SaaS) platform, MAPPIC is based “on the Trusted… Read More

June 5, 2023 @ 1:15 pm By Omar Faridi  |  

Jumio, the provider of automated, end-to-end identity proofing, risk assessment and compliance solutions, released the Jumio 2023 Online Identity Study, the second installment of its annual global consumer research, conducted by Censuswide. This year’s results highlight “an understanding among consumers around how generative AI and… Read More

June 4, 2023 @ 12:47 pm By Omar Faridi  |  

Sana, the AI-powered learning and knowledge platform, announced it’s landed another $28M in an opportunistic investment round led by NEA. Workday Ventures also joined the round. With a combined total of $62M in Series B funding, the Swedish-born scaleup is now “one of the most… Read More