Tagged: ai

OurCrowd Backs Series A Round for AI Platform Cognigo

Cognigo, an AI platform for enterprises that targets data protection and compliance, has closed on an $8.5 million Series A funding round. The round was led by leading equity crowdfunding platform OurCrowd with participation from State of Mind Ventures and Prosegur. Cognigo’s CEO and Founder Guy Leibovitz believes that… Read More

Marvelstone Group Signs MOU With A*ccelerate to Incubate AI Startups in Singapore

Marvelstone Group, a Singapore-based private investment company, announced on Monday it has signed an MOU with A*ccelerate to incubate artificial intelligence (AI) startups in Singapore. The company reported that the partnership aims to collaborate on developing a global AI Hub as a community for innovative companies, including… Read More

Is Artificial Intelligence the Biggest Beneficiary of the Autumn Budget?

Artificial Intelligence (AI) is creeping into every sector of the economy. Financial services is a huge beneficiary of AI as it has the potential to provide better services at a lower cost to many more people. In the recent Autumn Budget presentation by Chancellor Philip… Read More

Online Lender MoolahSense Adds Blockchain-based AI for Superior Risk Management

Singapore based peer to peer lender MoolahSense has added a cloud and blockchain based Artificial Intelligence (AI) that is said to provide real-time anticipation of loan delinquency, fraud, and default. “MoolahSense Active Intelligence” (MAI) is designed to monitor loans and borrower business activities in real-time… Read More

Temenos Update: Increasing Development of AI Capabilities Throughout Digital Banking Platform

Fintech

Fintech software provider Temenos (SIX: TEMN) announced on Wednesday it is increasing the development of Artificial Intelligence capabilities throughout its digital banking platform. The company reported that its Temenos AI initiative will enable banks to offer personalized services to customers, augment users’ decisions with data-driven machine intelligence,… Read More

Tandem’s Matt Ford Discusses the Journey Card, New In-App Features & 1M Highlights

It’s been an exciting week for UK fintecher Tandem. The platform launched its second credit product, Journey Credit Card, introduced auto-saving rules and the ability block card purchases in real time sans a formal cancelation process. Tandem has said that it is planning a growing range of in-app features that offer… Read More

World’s Biggest Insurtech Conference Captures Industry Mood on Blockchain, AI

On October 2-3, 2018 Oliver Wyman, a global management consulting firm, presented Insuretech Connect at the MGM Grand in Las Vegas, Nevada. The event was promoted as the largest annual insurtech event in the world, this year boasting over 6000 registered guests and over 250… Read More

Full Streamr Ahead: Daisy AI & CRYPTICS Added to Global Network

Streamr, an open-source, real-time data platform just selected as one of PwC’s Crypto Valley’s Top 50 Projects, continues to expand its network with a new partnership with Japan-based Daisy AI, an AI platform focused on using blockchain for deep learning. Daisy AI will use Streamr… Read More

OurCrowd is Most Active Investor in Hot Israel AI Startup Sector

Israel is red-hot when it comes to entrepreneurship and startups in general. The country has been recognized for years as punching above its weight class when it comes to an innovation driven economy. One of the hottest sectors for startups is Artificial Intelligence (AI). A… Read More

Robo.cash Founder Sergey Sedov: 26M Euro Loan Milestone, New Research P2P Lending & Peer-to-Portfolio Update

robo.cash

Over 26 million euro loans were financed through the European P2P platform Robo.cash in first eight months in 2018, notably 223% more than in the same period a year earlier. Operating according to the ‘peer-to-portfolio’ model, Robo.cash seeks to bring together private investors and legal… Read More

Overfunding: AI Web App butterwire Surpasses £200,000 Funding Target on Crowdcube

Butterwire

AI web app butterwire has successfully secured its initial £200,000 funding target from nearly 100 investors through its equity crowdfunding campaign on Crowdcube. According to butterwire, the app was launched in June 2018 and is described as professional research and portfolio analyst platform that may… Read More

Paytm Launches AI Cloud Computing Platform  For India

Mobile wallet service provider Paytm announced on Tuesday it has launched its new AI Cloud computing platform in India. According to Paytm, the Paytm AI Cloud for India’ is geared towards Developers, Startups, and Enterprises. Paytm explained that the AI Cloud offers a suite of business-centric apps… Read More

Sberbank Announces Data Research & AI Competition Classic AI

Sberbank announced on Monday that applications for the Classic AI competition is now open. According to Sberbank, participants of the competition will develop an algorithm that will create a poem in the style of a given author, based on the received part of their text in Russian…. Read More

Overfunding: AI Fintech Chatbox Plum Surpasses £850,000 on Seedrs; Now Nearing £950,000

Plum, an artificial intelligence (AI) chatbot for personal finance, has successfully secured its initial 850,000 funding target through its second equity crowdfunding campaign on Seedrs. This round of funding comes less than a year after Plum raised nearly £925,000 on the funding portal.  As previously reported, Plum was launched… Read More

10 Days Remain on Spanish Fintecher Finanbest’s Overfunding Crowdcube Campaign

Licensed securities agency Finanbest partnered with Crowdcube in June to raise £175,000 for 6.22% equity. The Madrid-based platform, which offers a digital end-to-end wealth management solution for retail investors, reportedly reducing costs for clients up to 70%.  Now, just a few weeks later, the agency… Read More

Credit.fr Partners with Smart Lenders AM to Boost Lending to SMEs, Starts AI Program

Smart Lenders AM and Credit.fr have recently announced a new partnership that seeks to boost lending to SMEs. According to Credit.fr, Smart Lenders AM will invest in their loans. Simultaneously, the two companies will embark on an “ambitious” research program to apply artificial intelligence (AI)… Read More

AI Fintech Chatbox Plum Nears Seedrs Goal: Aiming to Make Saving Easier

Plum’s second crowdfunding raise on Seedrs is proving to be just as successful as its first £925K campaign. Plum, an artificial intelligence (AI) chatbot for personal finance, returned to Seedrs in late June seeking an additional £850,000 in funding. Funds from the latest Seedrs round will be used to… Read More

SingularityNET and DBrain Partner up on AI

SingularityNET and Dbrain have revealed a new partnership where Dbrain will integrate its platform for data labeling into SingularityNETs’ infrastructure. According to the two companies, this arrangement allows users (IE developers, entrepreneurs, etc.) to monetize their creations on the forthcoming SingularityNET marketplace. Ben Goertzel, CEO… Read More

Prudential Debuts Insurtech Innovations to Streamline Hospital Claims Process

Prudential Hong Kong Limited announced on Tuesday the launch of two insurtech innovations, Hospital to Prudential and Chatbot Claims, which will help redefine the way consumers and medical professionals manage hospital claims in Hong Kong. According to Prudential, the Hospital to Prudential portal provides customers with… Read More

UK Fintech Plum Returns to Seedrs: Now Seeking £850,000 in Funding

Less than a year after securing nearly £925,000 through its first equity crowdfunding campaign on Seedrs, Plum, an artificial intelligence (AI) chatbot for personal finance, has returned to the funding portal, seeking an additional £850,000 in funding. As previously reported, Plum was launched in January 2017 by the… Read More

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