Scottish firm HOKO this week revealed their national and international expansion plans along with a new £500,000 crowdfunding campaign. Their goals include 30 new studios as part of plan to be UK’s largest homeowner architect. Not too long ago, Hoko raised £400k from individual investors… Read More
“Alisa”, the voice assistant from Russian tech firm Yandex, is now available for Russia’s VTB Bank (MCX: VTBR). She’ll be able to inform consumers about the products, tariffs and the banking platform’s services. She can also go over loan applications and offer advice or suggestion… Read More
Plannuh, a software-as-a-service or SaaS firm automating core marketing leadership processes such as planning, financial management, and optimization of business outcomes, reveals that it has finalized a $4.1 million equity round that was led by Ripple Ventures. Existing investors Glasswing Ventures, an early-stage VC firm… Read More
Axyon AI reveals that it has teamed up with DMALINK as part of its goal to become one of the first “true” AI specialists for financial institutions. The partnership should enable the “first-ever” use of deep learning artificial intelligence to “dynamically manage liquidity, detect market… Read More
A report from national non-profit Commonwealth notes that “powerful” emerging technologies (Emtech) have the “unprecedented” potential to “shape the future of people’s financial lives, often in ways that will be with us for decades or longer.” According to the Commonweatlh report, Emtech like Big Data-powered… Read More
Insurtech firm Concirrus has introduced its next-gen platform for the (Internet of Things) IoT-enabled insurance sector. This new modular tech offering, which aims to leverage Concirrus’ extensive investment expertise and experience of working within the insurance market, will “allow insurers to accelerate their transition to… Read More
Veriff, an international ID verification solution provider, reveals that it has joined the Visa Fintech Partner Connect program to offer Fintech companies and traditional issuers with an automated, AI-enhanced identity verification solution. By taking part in the program, Veriff will be providing a seamless identity… Read More
Intuit (Nasdaq: INTU), the international tech platform that develops TurboTax, QuickBooks, Mint, and Credit Karma, reveals that it will be acquiring Mailchimp, an established customer engagement and marketing service for SMEs. The planned Mailchimp acquisition for around $12 billion in cash and stock aims to… Read More
At Mendix World 2021, a virtual assembly of low-coders, Mendix, a Siemens business and industry leader in low-code app development for the enterprise, reveal their “robust” platform enhancements that will “accelerate delivery of high-value solutions for the digital-first economy,” according to an update shared with… Read More
Broadridge Financial Solutions, Inc. (NYSE:BR), an international Fintech platform, reveals that Ted Bragg and Jim Kwiatkowski have now joined LTX, a Broadridge firm providing an AI-enhanced online trading platform for corporate bonds. Bragg and Kwiatkowski are now part of the LTX leadership team, working cooperatively… Read More
Beginning August 31, 2021, Uppsala Security‘s AML, regulatory compliance and investigation product suite will be supporting Binance Smart Chain (BSC), according to a blog post dated September 2, 2021. Uppsala Security, a provider of security tools and services for crypto AML/CTF, transaction risk management, regulatory… Read More
Financial Regtech service provider CUBE has entered a new partnership with Sionic, the international consulting company. As first reported by Finextra, CUBE and Sionic plan to ensure regulatory compliance, by leveraging CUBE’s AI-enhanced regulatory data inventory and Sionic’s applied expertise in financial compliance. Financial institutions… Read More
There has been a special focus on anti-money laundering (AML) in the industry during August 2021, with accelerations in the use of artificial intelligence for AML, as well as certain updates made to regulatory guidelines, according to a report from Banking Circle. Payments specialist Banking… Read More
Axyon AI, an AI provider for the asset management sector, has appointed Luigi Conti to serve as an independent board member. Axyon AI offers deep learning solutions that assist fund managers with providing more efficient and innovative investment services. The firm, which includes UniCredit S.p.A…. Read More
The team at IHS Markit reveals that they’ve teamed up with Fintech Studios to offer market intelligence, research and analytics as part of thinkFolio, their multi-asset investment management solution. Fintech Studios’ Apollo.ai makes use of an artificial intelligence engine to curate content that may be… Read More
Hawk AI, Germany’s software provider of Transaction Monitoring for banking institutions, payment companies and Fintech firms, reveals that it has teamed up with Moss, a Berlin-headquartered expense and financial platform for comprehensive management of card payments, worker expenses, and invoices. Through the partnership, Hawk AI’s… Read More
Databricks, the data and AI firm, reveals that it has completed a $1.6 billion round in order to promote the innovation and adoption of the data lakehouse, as the data architecture’s utilization across data-oriented organizations keeps growing rapidly. The Series H investment round in Databricks… Read More
LendingHome, one of the country’s largest lenders to real estate investors, reveals that it will change its name in “coming months” and rebrand as Kiavi. According to a release shared with CI, the new name, which comes from the phonetic representation of the Italian word… Read More
Investment in technology and data infrastructure sit at the top of asset managers’ priorities as they position themselves to deliver business growth in the recovery from the COVID-19 pandemic, a new report finds. Most, 56 per cent, say their investment will focus on these areas… Read More
Global AI-enhanced credit decision platform provider, Scienaptic AI, has revealed that Cooperative Teachers Credit Union (CTCU) has chosen its AI-based platform, allowing the credit union to make “stronger, faster” credit decisions and provide improved financial options for its members. As noted by Scienaptic AI‘s developers:… Read More
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