Tagged: ai

January 20, 2022 @ 3:14 pm By Tony Zerucha  |  

Banking software company Temenos this week launched its buy now, pay later (BNPL) banking service. This offering will open up new revenue opportunities for banks and fintechs through the use of alternative credit products. Temenos BNPL, combined with patented Explainable AI, can help banks create… Read More

January 19, 2022 @ 5:48 pm By Omar Faridi  |  

Brightflag, the AI-enhanced legal operations platform, recently announced the launch of its Legal Service Requests module. This latest innovation provides corporate legal departments “a powerful new way to centralize intake, triage requests, and understand demand for legal services across the business.” As mentioned in a… Read More

January 18, 2022 @ 12:01 pm By Omar Faridi  |  

Legal Utopia, a powerful AI-enhanced app with the aim of “connecting legal consumers with a vast network of legal services,” has acquired 77% (£154,906) of its £200,000 target from 50 investors (at the time of writing) through a crowdfunding campaign carried out via Seedrs. With… Read More

January 13, 2022 @ 2:25 pm By Tony Zerucha  |  

SpaceChain today announced the successful launch mission of its blockchain-enabled payload, integrated with the space node created for Velas Network AG. It went into space onboard a SpaceX Falcon 9 rocket. The payload was installed onto a satellite designed and manufactured by Spire Global, which… Read More

January 11, 2022 @ 2:53 pm By Omar Faridi  |  

The team at AlphaSense has reflected on what they consider to be a transformative year for the company. Jack Kakko, CEO and Founder at AlphaSense, noted: “As I’ve been reflecting on all that has been accomplished this year, I am deeply grateful for the dedication… Read More

January 7, 2022 @ 4:05 pm By Omar Faridi  |  

A recent survey highlights a “clear divide” between high-income and emerging economies in “attitudes” toward artificial intelligence (AI), with “optimism” considerably higher in emerging economies. Those in emerging economies noted that they are “more familiar with AI tools and products than those in developed economies.”… Read More

January 6, 2022 @ 11:36 am By Omar Faridi  |  

Mastercard writes in an update that the future of physical retail is “slowly making its way into your daily life.” As noted by Mastercard (NYSE: MA), you may find an example of that trend “near Section 244 at TIAA Bank Field in Jacksonville, Florida.” There,… Read More

December 26, 2021 @ 5:05 pm By Omar Faridi  |  

TrueAccord’s Chief Product Officer, Laura Marino, is a civil engineer turned product management executive. As mentioned in a blog post by TrueAccord, Laura has a unique viewpoint or perspective on the evolution of machine learning in software across a variety of industry segments. Laura recently… Read More

December 26, 2021 @ 9:58 am By Omar Faridi  |  

Tencent Holdings Ltd., a major Chinese multinational technology conglomerate holding company founded in 1998, says it’s getting ready for a carbon-neutral future. Tencent, whose subsidiaries globally market Internet-related services and products, including in entertainment, Fintech, artificial intelligence, and other technology, confirmed that earlier this month,… Read More

December 26, 2021 @ 5:34 am By Omar Faridi  |  

Global AI-enhanced credit decision platform provider, Scienaptic AI, has announced that Meridian Trust Federal Credit Union has chosen its AI-powered platform, enabling the credit union to “augment its underwriting capabilities to make faster credit decisions, increase loan approvals and support the financial goals of its… Read More

December 24, 2021 @ 8:41 am By Omar Faridi  |  

Investment platform nr2, which gives firms and investors AI-enhanced insights into South Korea and China’s high-potential startups, has acquired capital for its ongoing expansion. nr2 has reportedly obtained funding from new investors including Lord Rothschild and Sir Simon Robey. The international investment platform will use… Read More

December 23, 2021 @ 1:54 am By Omar Faridi  |  

AI-enhanced credit decision platform provider, Scienaptic AI announced that Ascendus has selected its AI-powered underwriting platform to augment its lending process and “make advanced loan decisions for small and medium sized businesses.” As mentioned in the announcement, Ascendus is a New York-headquartered online business lender… Read More

December 22, 2021 @ 10:26 pm By Omar Faridi  |  

AI-powered credit decision platform provider, Scienaptic AI announced that Numerica Credit Union is live on its platform. The implementation will “facilitate advanced and faster credit decisions for the credit union and enhance member experience,” according to a release. With roots dating back to 1937, Numerica… Read More

December 22, 2021 @ 11:59 am By Omar Faridi  |  

Mastercard (NYSE: MA) and McDonald’s (NYSE: MCD) have announced an agreement for Mastercard to acquire McDonald’s personalization platform and decision engine company, Dynamic Yield. As mentioned in the announcement, Dynamic Yield’s tech is a valuable addition to Mastercard’s extensive suite of services that assist brands… Read More

December 15, 2021 @ 4:54 pm By Tony Zerucha  |  

AI-powered finance concierge Zeni today announced it has appointed Carl Hekkert as Chief Financial Officer of customer success and Collin Cadmus as chief revenue officer, both the first executives to hold the roles at the company. Hekkert and Cadmus join at a time of rapid… Read More

December 15, 2021 @ 7:01 am By Omar Faridi  |  

Deeptech pioneer Othoz has completed a €10 million round to further “unlock the potential of artificial intelligence and drive the development of quantitative, machine learning (ML) based strategies for investing in capital markets.” Led by Acton Capital and with participation of existing investors as well… Read More

December 13, 2021 @ 11:27 pm By Omar Faridi  |  

Tinkoff’s Centre for AI technologies has introduced ETNA – which is reportedly the first service in the Russian markets that assists with analyzing and predicting a set of data-driven processes, ranging from precipitation levels in upcoming winter months to a firm’s recruitment requirements. ETNA is… Read More

December 13, 2021 @ 11:07 pm By Omar Faridi  |  

The QR-code scanning tech created by Smart Engines has been introduced into Raiffeisen Online Russia. The solution enhanced the overall quality of QR codes and barcode scanning for payments operations made via a mobile app. As noted in the announcement, high-scanning precision is ensured for… Read More

December 8, 2021 @ 1:19 pm By Omar Faridi  |  

Numerated, a fast-growing Fintech SaaS firm, has reportedly acquired Fincura Inc., “adding spreading automation and financial analysis to Numerated’s Digital Loan Origination System.” The acquisition expands Numerated’s underwriting capabilities for business loans that “require deep financial analysis, improving the experience for lenders and their borrowers,… Read More

December 3, 2021 @ 11:51 am By Omar Faridi  |  

Zest AI, a key provider of software for AI-driven lending, has announced that Blue Federal Credit Union has selected Zest in order to help it deliver faster and more accurate loan decisions “across the credit union’s auto, credit card, and personal loan portfolios.” As mentioned… Read More