Tagged: ai

August 17, 2022 @ 9:37 am By Omar Faridi  |  

Assetz Capital is pleased to enter a partnership with LexisNexis Risk Solutions in order to adopt the LexisNexis® RiskNarrativeTM platform across its business. The platform uses automation, AI and machine learning to offer an enhanced, configurable and accessible financial crime lifecycle management service. This should… Read More

August 12, 2022 @ 10:19 am By Omar Faridi  |  

Fraugster, a payment intelligence company, has been selected by epay “to pilot AI payment fraud prevention services.” epay is “a full-service payment provider” and the digital payments processing business segment of the financial technology solutions and payments provider Euronet Worldwide, Inc. (NASDAQ: EEFT). epay’s worldwide… Read More

August 3, 2022 @ 8:42 am By Omar Faridi  |  

Agile Financial Systems (AFS), a financial technology company specializing in payment processing, announced that it has teamed up with LendingPoint, an AI-driven CreditTech financial platform, “to offer merchants consumer lending and unsecured personal loans online and at the point of sale.” By enabling merchants to… Read More

July 23, 2022 @ 7:13 am By Omar Faridi  |  

Investing in tech to optimize data and modernize data management are the “top priorities” for financial services firms according to research by Fintech Broadridge Financial Solutions, Inc. (NYSE:BR). The research was “compiled from a survey of 200 financial services professionals, conducted at the recent SIFMA… Read More

July 21, 2022 @ 8:59 pm By Omar Faridi  |  

As part of SubQuery’s initiative to support all native layers of the Cosmos ecosystem, SubQuery is pleased to announce support for Fetch-ai Network (an interchain protocol, based on the Cosmos-SDK). Fetch-ai network is “building an open access, tokenized, decentralized machine learning network to enable smart infrastructure… Read More

July 20, 2022 @ 10:47 pm By Omar Faridi  |  

FairPlay, which claims to be the world’s first “Fairness-as-a-Service” solution for algorithmic decision-making, announced that it has raised $10 million in Series A funding. The investment round was “led by Nyca Partners, with participation from Cross River Digital Ventures, Third Prime, Fin Capital, TTV, Nevcaut… Read More

July 17, 2022 @ 7:46 pm By Omar Faridi  |  

Deci, the deep learning company harnessing AI to solve the AI efficiency gap, recently announced it has raised $25 million in a Series B funding round “led by global software investor Insight Partners, with participation from existing investors Square Peg, Emerge, Jibe Ventures, and Fort… Read More

July 15, 2022 @ 9:46 am By Omar Faridi  |  

TIFIN, a Fintech platform using artificial intelligence (AI) and investment-driven personalization to shape the future of investor experiences, announced its initial launch into international markets through the acquisition on SharingAlpha, a community of over 15,000 professional fund investors and analysts “located throughout the world, but… Read More

July 13, 2022 @ 9:15 pm By Omar Faridi  |  

SymphonyAI, which claims to be a leader in “high-value” enterprise AI SaaS for strategic industries, announced it is acquiring financial crime detection firm NetReveal from BAE Systems. This acquisition marks “a significant step in SymphonyAI’s expansion strategy within the financial vertical.” Today’s banking regulatory landscape… Read More

July 13, 2022 @ 12:59 pm By Omar Faridi  |  

Clearstream has introduced data-powered solutions providing key insights into past, present and future of settlements: the Settlement Dashboard and the artificial intelligence (AI)-enhanced Settlement Prediction Tool. Market participants are planning to boost their settlement efficiency and liquidity with the Settlement Discipline Regime (SDR) coming into… Read More

July 10, 2022 @ 9:02 pm By Omar Faridi  |  

The Foundation for Interwallet Operability (FIO) has announced that cross-platform AI chatbot Alty has integrated the FIO Protocol. With this partnership, Alty’s 4.2 million+ users can “send, receive, and request any type of cryptocurrency using FIO Protocol-enabled functionality.” The FIO Protocol is “an open-source, decentralized… Read More

July 9, 2022 @ 1:35 pm By Omar Faridi  |  

radicant, which claims to be the “first” sustainable, digital and collaborative internet-based financial services company that’s “aligned” with the UN’s 17 Sustainable Development Goals, is working closely with Squirro. The integration of tech “enables radicant to automate decision-making processes and improve customer understanding and service… Read More

July 6, 2022 @ 8:43 am By Omar Faridi  |  

WiseWorks AI, the communications intelligence platform, has acquired a $1.2 million investment in order to develop a comprehensive solution for financial institutions to analyze surging virtual communications for compliance and to automate routine tasks. The oversubscribed investment round has been led by Veridian Ventures, with… Read More

July 4, 2022 @ 3:40 pm By Omar Faridi  |  

In a bid to prevent more Australians falling victim to scams, Commonwealth Bank has introduced AI tech to detect suspicious and unusual behavior on its virtual banking platforms, keeping more clients safe by alerting them to potential scams. The new AI technology uses machine learning… Read More

July 3, 2022 @ 6:10 pm By Omar Faridi  |  

Chargebacks911, the dispute tech specialist that powers chargeback remediation for the “largest” global e-commerce businesses, as well as the world’s financial institutions, celebrates “a 3x boost to its automated dispute response platform.” The use of data from a consortium of businesses across a number of… Read More

July 2, 2022 @ 10:17 am By Omar Faridi  |  

Fetch.ai, a Cambridge-based artificial intelligence lab building an open-access “decentralized” machine learning network for smart infrastructure, has released DabbaFlow, the “first of its kind” end-to-end encrypted file-sharing platform. Advanced data-sharing and privacy-preserving technologies are “ushering in a new era of data monetization,” the developers claim…. Read More

June 29, 2022 @ 6:55 am By Omar Faridi  |  

Global AI and analytics provider SAS has acquired Honolulu-based Kamakura Corporation. Privately held Kamakura offers specialized software, data and consulting that “helps financial organizations across the spectrum – banks, insurance companies, asset managers, pension funds and more – manage a variety of financial risks.” SAS‘… Read More

June 28, 2022 @ 10:55 pm By Omar Faridi  |  

TIFIN, a Fintech platform using artificial intelligence (AI) and investment-driven personalization to “shape the future of investor experiences,” announced two key hires “to help expand their high-growth areas across distribution and international.” Jason O’Shaughnessy has joined TIFIN as Head of International. O’Shaughnessy previously “ran the… Read More

June 28, 2022 @ 8:20 am By Omar Faridi  |  

With its innovative tech, Provenir provides an AI-powered decisioning platform that can “assess risk in areas like identity, credit, and fraud.” The company prides itself on working with established partners, such as SEON who are able to “provide groundbreaking technology that can be incorporated within… Read More

June 26, 2022 @ 3:15 pm By Omar Faridi  |  

Glia, the provider of Digital Customer Service, has acquired Finn AI, the AI-powered chatbot platform for banks and credit unions. The deal aims to mainstream virtual assistants for financial services companies “by making Finn AI’s proven conversational AI solutions an integral part of Glia’s …… Read More