Tagged: ai

Confluence Technologies, Investment Accounting Platform FundGuard to Enhance Fund Reporting

Confluence Technologies, Inc., a global technology solutions provider helping the investment management industry solve complex investment data challenges, announced a partnership with FundGuard, the cloud native, AI-powered, multi-asset class investment accounting platform. The partnership will “combine functionality from Confluence’s fund administration platform Unity and Revolution,… Read More

Fintech ForwardAI Announces Release of Precise API V2 to Aggregate Accounting Data

ForwardAI, a Fintech providing aggregated access to accounting and business data and analysis, announces the release of Precise API V2, the update to its streamlined API solution that connects and aggregates accounting data. The Precise API V2 provides financial institutions, fintechs, and lenders “with access… Read More

Insurtech: Netradyne, Cover Whale to Provide High-Tech Dash Cams for Policyholders

Netradyne, an SaaS provider of artificial intelligence (AI) and edge computing solutions focused on safety and driver coaching for commercial fleets, announced its partnership with Cover Whale Insurance Solutions, Inc., a commercial trucking insurance provider and fast-growing insurtech. The partnership enhances Cover Whale’s Driver Safety… Read More

AI-enhanced Data Analytics Product Suite, Ceres Imaging, Now Available to Agriculture Insurers, Lenders

Ceres Imaging, the data analytics company that builds AI-driven solutions to protect yields and advance climate resiliency, has released its Risk Solutions product suite, “designed to power the next generation of risk models for insurers and lenders.” The new product “takes advantage of Ceres’ finely… Read More

AI Adoption: Financial Infrastructure Firm Stripe to Help Monetize OpenAI’s Products, Enhance Fintech Platform with GPT-4

Stripe, a financial infrastructure platform for businesses, announced OpenAI has chosen Stripe to power payments as it “moves to commercialize its groundbreaking ChatGPT and DALL·E generative AI technologies.” Stripe is also “incorporating OpenAI’s new natural language technology, GPT-4, into its products and services.” Peter Welinder,… Read More

Feedzai, UK Finance to Highlight Challenges for Banking Sector, Identify Potentially Fraudulent Activities

Feedzai, the firm focused on fighting financial crime with AI, has partnered with UK Finance, the trade association for the UK’s banking and financial services sector, to deliver its Annual Fraud Report. UK Finance has chosen Feedzai as the lead sponsor and contributor “for the… Read More

BNPL: Mexico’s Kueski, an Online Financial Ecosystem, Achieves 10M Loans Disbursed

Kueski, the online financial ecosystem for consumers in Mexico, announced that it has disbursed a record 10 million loans. With more than 1.8 million unique customers and more than $1.6 billion in loan transactions, this marks an important milestone for the company on its mission… Read More

CAPE Analytics, American National to Support Risk Assessment

CAPE Analytics, which claims to be the leader in AI-powered geospatial property intelligence, announced its integration with insurance carrier American National in order to enhance its risk management and underwriting processes “by leveraging CAPE property insights.” Working with CAPE geospatial property insights will “allow American… Read More

AI and Machine Learning-Powered Devron, Cover Whale to Enable Safer Roads

Devron, which claims to be the leader in AI and machine learning for distributed and private data, announces a partnership with Cover Whale Insurance Solutions, Inc., a commercial trucking insurance provider and fast-growing insurtech. By using Devron’s federated data science platform, Cover Whale will “develop… Read More

Financial Crime Prevention Fintech Feedzai Joins Global Anti-Scam Alliance

Feedzai, a key player focused on fighting financial crime with AI, has joined the Global Anti Scam Alliance (GASA) – a not-for-profit organisation whose goal is “to protect consumers across the world from scams – as a corporate member.” GASA brings together governments, law enforcement,… Read More

Quantexa Acquires Aylien, a Provider of AI-Based Risk, Market Intelligence Solutions

Quantexa, a global player focused on Decision Intelligence (DI) solutions for the public and private sectors, announced that it has acquired Aylien, a Dublin-based leader in natural language processing (NLP) and advanced AI to empower its customers to collect, analyze, and understand unstructured text data…. Read More

SIX, FundGuard to Enable Integrated Data Access in Investment Accounting

According to FundGuard, its SaaS investment accounting platform “enables clients to leverage modern cloud and AI capabilities reducing costs, automating workflows, and driving an increased customer experience with access to meaningful data in real-time.” The partnership “integrates SIX’ end-of-day market prices, core security master data and… Read More

Artificial Intelligence: Robin AI Secures $10.5M to Scale ‘Lawyer-in-the-Loop’ Model

The team at Robin Ai are pleased to announce that they have secured $10.5m in our Series A funding round. This capital from the investment round will be ‘used to accelerate and scale their mission to change the way the legal industry works by using… Read More

AI: European Securities and Markets Authority (ESMA) Releases Trends, Risks, Vulnerabilities (TRV) Report of 2023

The role of AI in EU securities markets is becoming more significant. A widespread use of artificial intelligence (AI) comes with “risks,” according to an update from European Securities and Markets Authority (ESMA). In particular, increased uptake may “lead to the concentration of systems and… Read More

AI and Machine Learning Network Fetch.ai, Bosch to Promote Industrial Applications Using Web3 Tech

Bosch and Fetch.ai are announcing their new partnership “to form a new Web3 foundation – Fetch.ai Foundation, that aims to research, develop and harness Web3 technology for real-world use cases that will span across mobility, industrial, and consumer domains.” Fetch.ai Foundation will be “anchored in… Read More

American Express, Microsoft to Drive Innovation in Business Travel

American Express (NYSE: AXP) is expanding its relationship with Microsoft (NASDAQ: MSFT) to develop a suite of solutions built on Microsoft Cloud and AI technologies “focused on reducing business travel friction for employees and businesses.” The first solution developed through this collaboration will “enhance the… Read More

Digital Lending Platform MONIX Closes $20M Round to Support Financial Inclusion in Thailand

MONIX Co., Ltd., a Bangkok-based AI-powered digital lending platform, announced that the company has secured US$20 million in the first close of its pre-IPO fundraising. The investment round was “led by the mothership SCBX and a new investor Lombard Asia, a Southeast Asia’s growth-focused private… Read More

Artificial Intelligence: ThetaRay, Piie Focused on AI Tech for Insurance Payments

ThetaRay, a provider of AI-powered transaction monitoring technology, and Piie, Inc., an insurtech providing an intelligent payment engine, announced a collaboration in order “to implement an advanced AML solution for insurance claim payments.” Through the agreement, Piie (Payments Intelligent Integration Engine) will “integrate ThetaRay’s AI-driven… Read More

Artificial Intelligence: GlossAi, AI-driven Video Generator Developer, Finalizes $8M Seed Round

GlossAi, creators of an AI-driven video generator that allows organizations to rapidly create multi-audience content at scale using generative AI capabilities, announced a successful $8 million seed round. Led by New Era Capital Partners with participation by Guidestar ventures, 97212 Ventures, MindCET Ventures, Ginossar Ventures,… Read More

Banca Patrimoni Sella & C. Launches Discretionary Mandate Powered by MDOTM Ltd’s Artificial Intelligence

Banca Patrimoni Sella & C. launches a new discretionary mandate based on Artificial Intelligence. The new mandate has been developed in partnership with MDOTM Ltd, the Fintech scaleup global provider of AI-driven investment solutions “for institutional investors.” The new mandate, called “GP AI-Driven”, will invest… Read More

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