Tagged: ai

November 16, 2022 @ 11:47 am By Omar Faridi  |  

RBC Capital Markets announced the launch of Aiden Arrival, the second algorithm on the firm’s AI-based electronic trading platform. Aiden Arrival builds on the success of the Aiden platform’s first solution, “a volume-weighted average price (VWAP) algorithm, aims to reduce arrival price slippage and offer… Read More

November 13, 2022 @ 5:43 pm By Omar Faridi  |  

Fintech Connect 2022, Europe’s Fintech event for the entire ecosystem, recently released its 2022 Industry Benchmark Report, Fintech in Flux: Thriving in the Age of Uncertainty, showing that customers “remain the biggest focus, with 86 per cent of respondents investing in AI to stay competitive.”… Read More

November 7, 2022 @ 3:11 pm By Omar Faridi  |  

impak Ratings, an impact analysis, and ratings Fintech, acquires 100% of London-based Exerica’s assets to expand its AI capabilities. Exerica’s entire team will be “integrated into impak’s production processes along with its proprietary AI data extraction and contextualization software.” This will “increase production capacity for… Read More

November 6, 2022 @ 3:26 pm By Omar Faridi  |  

Momentum Global Investment Management (MGIM) has appointed MDOTM Ltd., the global provider of AI-driven investment solutions, “as a strategic partner to help it develop AI driven investment insights and triggers that can be integrated into and enhance MGIM’s well established outcomes-based investment process.” The focus… Read More

November 3, 2022 @ 9:32 am By Omar Faridi  |  

Zest AI, which claims to be the leader in automating underwriting with more accurate and inclusive lending insights powered by AI, announced that the company has “raised over $50 million in a new growth round.” The investment round was “co-led by existing global software investor… Read More

November 2, 2022 @ 12:27 pm By Omar Faridi  |  

TIFIN, the Fintech platform known for its highly engaging products fueled by advanced data science and machine learning, has launched what it claims to be  “a first-of-its-kind platform for client personalization.” The platform “to facilitate modern personalization will be offered by its TIFIN Wealth division… Read More

October 24, 2022 @ 10:38 pm By Omar Faridi  |  

LianLian Global, a global cross-border payments service provider, has announced it has acquired a minority stake in ContentBot, an Artificial Intelligence (AI) content generator. Through this investment, LianLian Global will “offer the world’s most advanced AI writer to provide product launching services in 18 languages,… Read More

October 24, 2022 @ 9:47 pm By Omar Faridi  |  

Kubiya, the Conversational AI solution for DevOps teams, announced that it has raised a $6M Seed round led by Hyperwise Ventures alongside investors Pierre Lamond, Giora Yaron, and others. The investment round “enables Kubiya to expand its go-to-market strategy, further extend its offering and ultimately… Read More

October 17, 2022 @ 7:25 pm By Omar Faridi  |  

Blue dot, a tax compliance platform for employee-driven spending for VAT recovery and Taxable Employee Benefits (TEB) analysis, announced the launch of a new partnership with Rydoo, an international SaaS software solution for managing business expenses. The partnership “offers a one-of-a-kind, AI powered solution empowering… Read More

October 15, 2022 @ 3:36 pm By Omar Faridi  |  

Erica, which is described as the “most advanced” and “first” widely available virtual financial assistant, has surpassed 1 billion interactions with Bank of America (NYSE: BAC) clients. The technology, powered by artificial intelligence (AI), officially “launched in 2018 and has since helped nearly 32 million… Read More

October 14, 2022 @ 10:46 am By Omar Faridi  |  

TIFIN, the fintech platform known for Magnifi, an investment marketplace, recently announced the launch of their new premium subscription Magnifi Personal, aimed at “helping investors without enough time or knowledge to build and grow their portfolios with intelligence.” New and existing Magnifi investors can now… Read More

October 12, 2022 @ 9:01 pm By Omar Faridi  |  

Resistant AI, the AI and machine learning financial crime prevention specialists, and ComplyAdvantage, which claims to be one of the financial industry’s leading sources of AI-driven financial crime risk data and detection technology, announced “the general availability of their solution for fighting financial crime across… Read More

October 11, 2022 @ 12:17 am By Omar Faridi  |  

Uppsala Security, a provider of security tools and services for Crypto AML/CTF, Transaction Risk Management, Regulatory Compliance, Transaction Tracking, and Cyber Security recently announced that it has developed a new Crypto Threat Detection System (CTDS) that handles Suspicious Transaction Reporting (STR) and Counterfeit Currency Reporting… Read More

September 21, 2022 @ 10:35 pm By Omar Faridi  |  

Inovatec Systems, a provider of cloud-based software solutions for lenders, announced it has entered into a partnership with Provenir, a global firm focused on AI-powered risk decisioning software. As a result, Inovatec’s roster of automobile lenders “can access Provenir’s proven portfolio of AI-driven decisioning solutions… Read More

September 18, 2022 @ 7:44 pm By Omar Faridi  |  

Ocean Protocol, the Web3 platform to unlock data services for AI and business innovation, has teamed up with Chainstep, Datarella, Fetch.ai, peaq and 51nodes “to develop the system architecture for European mobility with the preservation of data autonomy as its core principle, within the Gaia-X… Read More

September 16, 2022 @ 7:31 pm By Omar Faridi  |  

Kyriba, which claims to be a global leader of Cloud-powered finance and IT solutions, recently announced the launch of Cash Management AI, a solution based on AI, which uses data science tech to predict cash availability with greater speed, control and reliability. The solution enhances… Read More

September 15, 2022 @ 7:45 pm By Omar Faridi  |  

Naoris Protocol, the blockchain and AI-based Decentralized CyberSecurity Mesh that restores cybersecurity across all sectors of the economy, is announcing a partnership with WACEO, a non-profit specialized in governance, legal, and regulatory compliance “serving DeFi projects, DAOs, DEXs, and other Web3 projects across the globe.”… Read More

September 13, 2022 @ 8:00 am By Omar Faridi  |  

Fetch-ai Network has reportedly on-boarded 40,000 unique users and claims that it’s rapidly scaling its network usage. Fetch-ai Network’s announcement “comes on the heels of its $150 Million Development fund with MEXC Global and ByBit.” Fetch-ai Network’s unique technology called Autonomous Economic Agents (AEA) which… Read More

September 11, 2022 @ 6:07 pm By Omar Faridi  |  

authID [Nasdaq: AUID], a provider of secure, mobile, biometric authentication solutions, announced that Kompliant, a U.S.-based, AI-driven, business onboarding and risk-scoring company, will “integrate authID’s biometric authentication platform Verified™ to stop identity fraud and automate digital onboarding for its customers.” Kompliant works with payment processors… Read More

September 8, 2022 @ 7:48 am By Omar Faridi  |  

Venture capital (VC) funding slid more deeply in AI & ML than in software overall in Q2, “falling 27.8% quarter-over-quarter (QoQ) compared to 21.6% for IT more generally.” according to an update from Pitchbook. Both deal value and deal count “fell to their lowest levels… Read More