Tagged: ai

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

November 26, 2021 @ 9:04 am By Omar Faridi  |  

Credit Clear, the tech platform that streamlines account receivables, has revealed that it will be leveraging Sisense, the AI-powered platform for infusing analytics, in order to harness the power of data to enhance its product offering. The Coronavirus crisis has led to a considerable rise… Read More

November 24, 2021 @ 8:31 am By Omar Faridi  |  

Paris-based Société Générale S.A. (GLE.PA), a French multinational investment bank and financial services company with around €1.3 trillion in assets, says it is putting its trust in data and AI in order to help the organization with transitioning into the digital age. As the institution… Read More

November 18, 2021 @ 10:31 am By Omar Faridi  |  

Sedric, an AI-enhanced compliance platform for Fintech firms, announced that it has secured $3.5 million via a seed round in order to increase consumer protection and transform the Fintech compliance sector. Led by StageOne Ventures, Sedric will use the proceeds from the investment round to… Read More

November 18, 2021 @ 10:17 am By Omar Faridi  |  

PayZen, which claims to be a “mission-driven” Fintech addressing healthcare affordability, has announced it completed a $15 million Series A round. SignalFire has reportedly led the Fintech firm’s investment round, along with contributions from Link Ventures and 7wireVentures, as well as existing investors Viola Ventures… Read More

November 17, 2021 @ 7:48 am By Omar Faridi  |  

Justt, a chargeback mitigation pioneer, has announced that it has secured $70 million in funding as it further expands its mission to assist merchants with combating false chargebacks with smart tech. As mentioned in the announcement, the funding was raised across three tranches, “including a… Read More

November 13, 2021 @ 10:00 am By Omar Faridi  |  

ABAKA has announced the closing of a $5 million second tranche of its Series A round. The company’s investment round has reportedly been co-led by Lingfeng Capital and Thames Trust, along with contributions from new and existing investors. ABAKA‘s management noted that the proceeds will… Read More

November 11, 2021 @ 1:59 pm By Omar Faridi  |  

We recently connected with Ian LeWinter, an experienced producer and President at Film.io. LeWinter told us that he’s looking to challenge the existing order by providing new paths for filmmakers to build, fund, and distribute movies and TV shows. Film.io is a blockchain or distributed… Read More

November 10, 2021 @ 10:02 pm By Tony Zerucha  |  

Artificial intelligence solutions company TruEra this week announced that it, along with its data partner Demyst, is one of the three winners of the Global Veritas Challenge 2021 at the Singapore Fintech Festival. The winning solution competed in the credit scoring and credit profiling category,… Read More

November 9, 2021 @ 9:47 pm By Omar Faridi  |  

Enterprai, the AI-enhanced software-as-a-service (SaaS) workstation for international macro professionals, pioneering predictive analytics for FX and fixed income markets, has introduced a set of products offering macro portfolio managers, traders, and analysts “a new way to stay on top of financial markets.” Off the back… Read More

November 1, 2021 @ 7:55 am By Omar Faridi  |  

TIFIN, a Fintech platform using AI for wealth and asset management, has announced the closing of $47 million in Series C funding. TIFIN leverages data and investment-driven intelligence to support greater personalization for wealth management, and digital distribution for investment managers, according to a release…. Read More

October 28, 2021 @ 3:48 pm By Omar Faridi  |  

Staircase AI, a pioneer in relationship intelligence, has confirmed the completion of its $4 million seed round. The firm acquired funding from StageOne Ventures, a VC fund that’s focused on addressing major enterprise challenges, and Disruptive AI, an early-stage VC that specializes in artificial intelligence…. Read More

October 28, 2021 @ 9:43 am By Omar Faridi  |  

dLocal, a tech-first payments platform that enables enterprise merchants to connect with  consumers in emerging markets, has introduced its latest developments for risk management. The first product in the stack is Smart Defense, which is described as an advanced, custom-built solution that combats fraud by… Read More

October 26, 2021 @ 3:09 pm By Omar Faridi  |  

Arturo, an artificial intelligence-powered platform that derives property insights and predictive analytics from aerial and satellite imagery, announced that it has joined the Amazon Web Services (AWS) Partner Network (APN). By joining the APN, Arturo becomes part of the international community of Partners that are… Read More