Tagged: artificial intelligence

ATB Financial Announces Four Year Partnership With University of Alberta For AI

On Tuesday, ATB Financial announced the city of Alberta will get a boost in its contribution to the national artificial intelligence (AI) industry through a four-year partnership between it and the University of Alberta. According to ATB Financial, a group of students, paired with selected… Read More

Regtech Ocrolus Receives $4 Million Series A Funding, Bullpen Capital Leads Round

Ocrolus, a Fintech firm that automates the analyzing financial documents, has announced a $4 million Series A investment led by Bullpen Capital. Additional investors include QED Investors, Laconia Capital Group, ValueStream Ventures, and RiverPark Ventures. Also participating in the round were multiple well known names… Read More

Brief: Fintechers collectAI and Pay360 Align for UK Launch

The German Artificial Intelligence-based collections company collectAI has partnered with payments provider Pay360 by Capita for its UK launch. With collectAI as the tech provider, Pay360 aims to build a branded receivables management solution for its business and government clients. By partnering with Pay360, collectAI, an… Read More

SingularityNet Partners With Singapore Fintech NR Capital

  SingularityNet’s public token generation event (TGE) sold out immediately as it took just 66 seconds for the decentralized AI marketplace to complete the sale in December. The highly anticipated token ICO is in the midst of a compliance audit, which it expects to be completed… Read More

TD Bank’s 2017 Treasury Management Survey Reveals: Finance Professionals Preparing For Technological Innovation & Disruption

On Monday, TD Bank released its 2017 Treasury Management Survey, which revealed that technological innovation and disruption is set to greatly influence the investment priorities and business plans of financial executives. The report noted that for 2018 and beyond, financial professionals cite process automatic at… Read More

Introducing ACE, Crowdo’s New Artificial Intelligence Due Diligence System

Crowdo, a South East Asian online marketplace for P2P lending and crowdfunding unveiled today its proprietary Artificial Intelligence driven due diligence system, Crowdo ACE, aimed at benefiting both their borrowers and investors. Crowdo ACE takes into account a few thousand unconventional and alternative attributes and… Read More

Ant Financial Puts IPO on Hold; Plans More Startups & Artificial Intelligence Investments

Chinese fintech and Alibaba-affiliated Ant Financial revealed this week it is putting its Initial Public Offering (IPO) plans on hold and is now focused on investing in more startups and artificial intelligence (AI). The news of Ant Financial’s plans comes less than a year after… Read More

CrowdFlower Names Kiva Engineer First Round Winner of $1 Million AI For Everyone Challenge

AI platform for data science and machine learning CrowdFlower announced on Thursday the first round winners of the “AI For Everyone” Challenge. The winning proposal, which receives $1 million, are computer vision projects that will label millions of images to build the largest collection of… Read More

Plum Fintech Completes Seedrs Round With Near £925,000 in Funding

Plum, an artificial intelligence (AI) chatbot for personal finance, completed its equity crowdfunding round on Seedrs and secured £923,255 in funds. The company, which was launched in January 2017 by the former head of international at TransferWise, Victor Trokoudes, is said to be the first AI-powered Facebook… Read More

China: WeiyangX Fintech Review

China Issues Guideline on Artificial Intelligence Development Last week, China’s State Council has issued a guideline on artificial intelligence (AI) development, setting a goal of becoming a global innovation center in this field by 2030. The total output value of artificial intelligence industries is expected… Read More

Update: Plum Fintech Quickly Overfunds on Seedrs

Plum, an artificial intelligence (AI) chatbot for personal finance, has secured its initial 700,000 equity crowdfunding target just days after launching the round on Seedrs. The initiative makes its debut just eight months after the AI business raised its $500,000 seed round led by 500 Startups. As… Read More

Boasting Prominent Investors, Plum AI Chatbot for Personal Finance Launches Equity Crowdfunding Round on Seedrs

Plum, an artificial intelligence (AI) chatbot for personal finance, has launched a crowdfunding round on Seedrs. The offer is seeking £700,000 for a convertible that allows investors to purchase shares at a 20% discount at some point in the future. The EIS eligible listing has… Read More

Crowdfunder Signs Partnership Agreement With AI Global Competition IBM Watson AI XPRIZE: Seeks to Provide Equity Fundraising Support

On Wednesday, Crowdfunder announced it signed a partnership agreement with IBM Watson AI XPRIZE, which is described as a $5 million artificial intelligence (AI) global competition that challenges teams to develop and demonstrate how humans can collaborate with powerful AI technologies to tackle the world’s greatest… Read More

BondIT & Wind Info Partner on AI, Machine Learning & Wealth Management

BondIT  has received a strategic investment from China based Wind Information. According to BondIT, the two companies have partnered to bring artificial intelligence and machine learning techniques to wealth management. Specific terms of the deal were not revealed. The two companies intend to start in mature… Read More

Creative Technology & Visual Content Agency Happy Finish Seeks £395,000 on Crowdcube For Asia Expansion

UK-based creative technology and visual content agency, Happy Finish has launched an equity crowdfunding campaign on Crowdcube to raise  £395,000 for a 4.45% equity stake in the firm.  Pre-money valuation was pegged at just under £8.5 million. The company, which was founded in 2004 by Stuart Waplington,… Read More

Kavout Wants to Give All Investors Access to Artificial Intelligence Driven Investing

Artificial Intelligence (AI) and robo-advising are hot sectors in the Fintech space. Kavout is a company that wants to provide powerful AI tools for all investors and, for the time being, these tools are free. Alex Lu, CEO and co-founder of Kavout, explains that hedge… Read More

About Face: Chinese Insurer Ping An Introduces Face Recognition Tech

China’s Ping An group has its eye on becoming the fasting lending platform in China, planning to incorporate face recognition technology into its wealth management and other services which would require only six minutes to complete a loan application, according to a statement. The inhouse-developed technology… Read More

UBS Announces London “Future of Fintech” Winners: Artificial Intelligence, Cryptography and Biometrics Trump

Artificial intelligence, cryptography and biometrics were the winning fintechnologies at the London-region final of UBS’s Future of Finance Challenge, a start-up competition aimed at helping the bank source innovative fintech solutions, reported Financial News‘ Anna Irrena.  The competition is open to international entrepreneurs and startups with… Read More

Ivee Gains Traction on Crowdfunder: AI, IoT, Speech Recognition Home Automation Quickly Exceeds 33% Goal

Technology that listens!  Life with ivee agrees with enthusiastic Crowdfunder investors and kickstarter backers: the AI, IoT, Speech Recognition Home Automation Control Platform campaign has raised over $165K since opening on 1 December. After viewing the campaign video and hearing ivee pleasantly rattle off the temp, traffic,… Read More

Cubic Robotics Turns to Crowdfunding For Production of An Open-Platform Artificial Intelligence Device

Cubic Robotics, an international team led by CEO Yury Burov, launched an Indiegogo crowdfunding campaign on Saturday (November 22nd) to finance production of its cutting-edge artificial intelligence device, Cubic, with a goal of reaching $100,000. Since its debut, the project has raised nearly $34,000 from close to 180 backers…. Read More