Tagged: artificial intelligence

Overfunding: AI Web App butterwire Surpasses £200,000 Funding Target on Crowdcube

AI web app butterwire has successfully secured its initial £200,000 funding target from nearly 100 investors through its equity crowdfunding campaign on Crowdcube. According to butterwire, the app was launched in June 2018 and is described as professional research and portfolio analyst platform that may… Read More

Sberbank Announces Data Research & AI Competition Classic AI

Sberbank announced on Monday that applications for the Classic AI competition is now open. According to Sberbank, participants of the competition will develop an algorithm that will create a poem in the style of a given author, based on the received part of their text in Russian…. Read More

Overfunding: AI Fintech Chatbox Plum Surpasses £850,000 on Seedrs; Now Nearing £950,000

Plum, an artificial intelligence (AI) chatbot for personal finance, has successfully secured its initial 850,000 funding target through its second equity crowdfunding campaign on Seedrs. This round of funding comes less than a year after Plum raised nearly £925,000 on the funding portal.  As previously reported, Plum was launched… Read More

UK Fintech Plum Returns to Seedrs: Now Seeking £850,000 in Funding

Less than a year after securing nearly £925,000 through its first equity crowdfunding campaign on Seedrs, Plum, an artificial intelligence (AI) chatbot for personal finance, has returned to the funding portal, seeking an additional £850,000 in funding. As previously reported, Plum was launched in January 2017 by the… Read More

TokenAI Introduces Juliet Artificial Intelligence Crypto Investments Tool & Sets Token Sale Date

Cayman Island-based crypto market and portfolio analysis platform TokenAI has introduced Juliet, a proprietary Artificial Intelligence tool which aims to help both new and experienced cryptocurrency traders make smarter investments. Juliet seeks to integrate with TokenAI’s three core services: Individual Coin Analysis, Current Portfolio Rebalancing and… Read More

Envestnet | Yodlee Debuts Financial Wellness Assistant For Financial Service Providers “AI FinCheck”

Envestnet | Yodlee (NYSE: ENV), a data aggregation and analytics platform powering dynamic, cloud-based innovation for digital financial services, announced on Tuesday enhancements to its Artificial Intelligence (AI) powered Financial Wellness Solution at CFSI’s Emerge Financial Health Forum. The company unveiled its new Financial Wellness Assitant for… Read More

SingularityNET and AI Decentralized Create New Industry Group: the Decentralized AI Alliance

SingularityNET and AI Decentralized have announced a new group: DAIA or the Decentralized AI Alliance. DAIA is said to be an open industry alliance aimed at fostering the development of decentralized AI technologies. SingularityNET is a decentralized platform and marketplace for AIs, lead by AGI… Read More

Associate VP of Payments Innovation at TD Bank Says AI More “Friendly Technology” Than Blockchain for Now

Milos Dunjic, a cryptographer and Associate Vice President of Payments Innovation at TD Bank, has stated that whereas blockchain “threatens everything built” by banks, AI is “very friendly technology.” * Dunjic made the comments as part of a fintech panel discussion at the Canadian Undergrad… Read More

Singapore Seeks to Accelerate Utilization of Artificial Intelligence in the Financial Sector

The Monetary Authority of Singapore (MAS) has announced that it is working with a consortium of agencies to accelerate the utilization of artificial intelligence (AI) in the financial services sector. MAS has always sought to keep Singapore at the forefront of Fintech innovation and encouraging… Read More

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

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