Tagged: ai

May 20, 2023 @ 10:38 am By Omar Faridi  |  

Ramp, the finance automation platform helping 15,000+ businesses find time and money savings across transactions, bill payments, and accounting, announced Ramp Intelligence: a suite of tools in financial services, driven by AI, designed to solve customer problems. The launch “represents the most significant evolution of… Read More

May 19, 2023 @ 3:10 pm By Omar Faridi  |  

MDOTM Ltd, the global provider of AI-driven investment solutions for financial institutions, announces new ChatGPT-powered features in Sphere, its investment platform for institutional investors. The custom integration with ChatGPT APIs will “leverage Sphere’s proprietary insights and explainability data to generate bespoke portfolio commentaries.” These new… Read More

May 19, 2023 @ 3:00 pm By Omar Faridi  |  

Public, an investing platform that allows members to invest in stocks, treasuries, ETFs, crypto, and alternative assets, announced the rollout of Alpha, a project to enhance your investing experience with artificial intelligence powered by OpenAI’s GPT-4. Alpha reportedly “reduces the time retail investors spend researching… Read More

May 17, 2023 @ 10:45 pm By Omar Faridi  |  

Criminals have never had more avenues through which to defraud people, according to an update from ComplyAdvantage. This has been “fueled by the proliferation of technology ranging from instant messaging to new forms of remittance, like P2P and real-time payments.” That’s why ComplyAdvantage, a key… Read More

May 17, 2023 @ 11:35 am By Omar Faridi  |  

Pagaya Technologies LTD. (NASDAQ: PGY), a global technology company delivering artificial intelligence infrastructure for the financial ecosystem, announced a partnership with a group of alternative investment firms – Angelo Gordon, ATLAS SP Partners, and Värde Partners – to provide funding for a multi-billion dollar credit… Read More

May 16, 2023 @ 7:59 am By Omar Faridi  |  

Austrian digital asset firm Bitpanda is reportedly planning to invest $10 million in order establish a dedicated AI unit. Bitpanda explained that the new unit will aim to provide a suite of AI-enhanced products and investing solutions, including personalized investment ideas, automated portfolio strategies, as… Read More

May 14, 2023 @ 1:27 pm By Omar Faridi  |  

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

May 14, 2023 @ 12:50 pm By Omar Faridi  |  

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

May 14, 2023 @ 11:44 am By Omar Faridi  |  

ThreatFabric, a provider of fraud detection solutions & intelligence for the financial services sector, has raised €11.5 million in a seed round “to expand its technical capabilities and support the company’s growth.” Specifically, the funds were secured “to increase ThreatFabric’s international expansion and extend its… Read More

May 14, 2023 @ 11:13 am By Omar Faridi  |  

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

May 11, 2023 @ 7:52 pm By Omar Faridi  |  

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

May 10, 2023 @ 5:28 pm By Omar Faridi  |  

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

May 10, 2023 @ 12:19 pm By Omar Faridi  |  

iDenfy, an AI-enabled identity verification, and fraud prevention tech startup, announced its partnership with Fincapital Partners, an all-in-one banking and asset management platform that offers comprehensive financial services. The company will “leverage iDenfy’s advanced KYC and AML solutions to deliver a seamless customer onboarding process.”… Read More

May 6, 2023 @ 1:19 pm By Omar Faridi  |  

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

May 6, 2023 @ 11:12 am By Omar Faridi  |  

Pagaya Technologies Ltd. (NASDAQ: PGY), a global technology company delivering artificial intelligence infrastructure for the financial ecosystem, has named two executives with “proven” track records to its team – Giancarlo Marchesi as General Manager and Eric Watson as Chief Legal Officer – adding to its… Read More

May 6, 2023 @ 10:19 am By Omar Faridi  |  

Immuta, which claims to be a leader in data security, announced a new strategic investment from Databricks Ventures, the investment arm of the data and AI company and pioneer of the lakehouse. The investment builds “on a longstanding partnership between the two companies and positions… Read More

May 5, 2023 @ 2:51 pm By Omar Faridi  |  

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

May 4, 2023 @ 10:33 am By Omar Faridi  |  

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

May 2, 2023 @ 11:27 pm By Omar Faridi  |  

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

May 2, 2023 @ 12:47 pm By Omar Faridi  |  

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