Tagged: artificial intelligence

Capgemini to Support Clients with Digital Transformation, Will Leverage Generative AI Services

Already a key player in the Data & AI market, Capgemini says it is well positioned to support clients through their next era of digital transformation thanks “to the breadth of its generative AI services, deep industry expertise, and its industrialized delivery assets.” As a… Read More

Retail Investors Are Using ChatGPT-style AI to Help Manage Investments, Research Reveals

One in ten (11%) retail investors are using artificial intelligence (AI) tools “such as ChatGPT to help pick and alter investments in their portfolio,” according to data from the latest Retail Investor Beat from trading and investment platform eToro. The study of 10,000 retail investors… Read More

France’s Privacy Watchdog Says Legality of Worldcoin’s Biometric Data Collection Process Is Questionable

France’s privacy-focused watchdog CNIL stated on Friday (July 28, 2023) that it is well aware of ChatGPT-founder Sam Altman‘s Worldcoin initiative and that the legality of its biometric data collection process appears to “questionable.” Worldcoin, which was officially introduced on Monday, requires clients to offer… Read More

Eltropy Video Banking Helps InRoads Credit Union to Combat Fraudulent Activities

InRoads Credit Union, which claims to be a leader in innovative member experiences and an Eltropy customer, recently shared that by leveraging Eltropy‘s Video Banking solution, the Portland, Ore.-based credit union “achieved a 0% fraud rate, effectively safeguarding members and defeating fraudulent impersonations.” Kim Preston,… Read More

Artificial Intelligence: Passage Raises $6M to Launch AI-Driven Virtual World Builder

Passage reports that it has raised $6 million in order to launch an AI-driven Virtual World Builder. Funds were reportedly raised through private sale of its PASG token and will now “go towards the continuous development of the Passage world building platform, built with Cosmos… Read More

Wealthtech TIFIN, JPMorgan Introduce TIFIN.AI to Support Thematic AI-powered Fintech Solutions

TIFIN, the artificial intelligence (AI) platform for wealth, is pleased to announce the launch of TIFIN.AI. TIFIN.AI is dedicated to conceiving and “developing TIFIN’s second cohort of AI-powered fintech companies.” J.P. Morgan (NYSE: JPM) has joined TIFIN in funding TIFIN.AI. The formation of TIFIN.AI builds… Read More

BNPL Fintech Klarna Teams Up with UK Luxury Store Liberty to Offer Payment Flexibility

Klarna, the AI powered global payments network and shopping destination, has today announced its partnership with iconic British department store Liberty, “with its flexible and interest-free payment options now available online.” The partnership will aim to “help Liberty’s customers save time and money and worry… Read More

Yokoy, a Provider of AI-powered Spend Management Suite, Partners with Pagero, a Platform Provider for E-Invoicing

Yokoy, a provider of an AI-powered spend management suite, is setting new standards in invoice management with its strategic partnership with Pagero, a platform provider for globally compliant e-invoicing. Yokoy seamlessly integrates with Pagero’s cloud-based e-invoicing solution “to provide a 100% digitized and fully automated… Read More

Cognaize Finalizes Series A to Address Demand for AI Solution for Financial Services Organizations

Cognaize, the intelligent document processing (IDP) company powered by its proprietary hybrid intelligence technology, announced that it has closed $18 million in Series A funding in order “to accelerate research and product development, marketing, and sales capacity to meet the explosive global demand for the… Read More

⁠Tractable, which Leverages AI and Computer Vision to Assess Condition of Cars and Homes, Announces Series E Round

⁠Tractable, which claims to be a leader in artificial intelligence (AI) using computer vision to assess the condition of cars and homes, announces a $65M Series E investment led by SoftBank Vision Fund 2. Existing investors in the investment round include Insight Partners and Georgian… Read More

Feedzai Introduces Fraud Detection Engine, Leveraging AI to Defend Consumers from Financial Crime

Feedzai, a provider of financial crime and risk management solutions, is introducing Railgun, its next-generation AI engine designed to target and intercept financial fraud before it can occur. In order to scale, today’s risk engines force financial institutions to limit the data they use to… Read More

Payments Infrastructure Provider Paddle Launches Program to Support AI Founders, backed by $10M in Funding Commitment

Paddle, the complete payments infrastructure provider for software companies, announces AI Launchpad, a new 6-week program run by Paddle aimed at empowering ambitious software founders to build, launch and scale their AI-powered business ideas. Working with industry experts, participants will “receive tailored guidance and actionable,… Read More

DFINITY Foundation Introduces $5M Grant to Support Decentralized AI on Internet Computer Blockchain

The DFINITY Foundation, a not-for-profit science and technology organization and major contributor to the Internet Computer blockchain (ICP), announced the launch of a $5 million decentralized artificial intelligence (DeAI) grant to support projects leveraging AI on ICP. The Internet Computer blockchain is reportedly “the only… Read More

Fintech Firm Collective Raises $50M to Establish AI-Powered Finance Platform for Freelancers

Collective, which claims to be the first all-in-one online back-office platform for solopreneurs, announced it has raised $50M from a syndicate of investors including Gradient Ventures, Google’s AI fund, Innovius Capital, The General Partnership, General Catalyst, QED, Expa, and Better Tomorrow Ventures, among others. Collective… Read More

Analytics Platform ZestyAI Announces Agreement with Coterie Insurance to Deliver Property Risk, Value Insights

ZestyAI, the provider of climate and property risk analytics solutions powered by artificial intelligence (AI), announced an agreement with Coterie Insurance, a partnership-focused Managing General Agent (MGA), leveraging data and technology to provide instant quoting and issuing of small business insurance policies. Coterie will use… Read More

Fintech Magnifi Launches Linked Acct Capability to Provide Unified Investment Management Services

Magnifi, the AI-powered co-pilot for sensible investors from TIFIN, has launched a new feature that allows its over 20,000 subscribers now get AI help to not only manage investments held within their Magnifi brokerage accounts but now also from assets held in external accounts. This… Read More

Web3 Adoption: Giza Raises $3M to Bring AI to Web 3 Smart Contracts

Giza, an artificial intelligence (AI) platform for smart contracts and web3 protocols,  announced a $3 million pre-seed round led by CoinFund, a cryptonative investment firm and registered investment adviser, “with participation from Arrington Capital, StarkWare and TA Ventures, along with prominent angels like Rand Hindi… Read More

Checkout.com Introduces Identity Verification, a Video-based AI Solution that Verifies Clients

Checkout.com, the global payments solution provider, launches Identity Verification, its first product focused on improving the customer onboarding and identity verification process and expanding Checkout.com’s impact on customers’ digital experience. Identity Verification “utilizes proprietary artificial intelligence and is trained on billions of identity and facial… Read More

MENA Region’s Emirates NBD to Enhance Business Operations with Generative AI

Emirates NBD, a banking group in the MENA region and Turkey, has announced a transformation focused on harnessing the power of generative AI to change Emirates NBD’s operations and enhance productivity across various business functions supported by Microsoft. This collaboration aims “to unlock new opportunities… Read More

Artificial Intelligence: Quantexa, a Decision Intelligence Solution Provider, to Invest $155M+ in AI Industry

Quantexa, which claims to be a global leader in Decision Intelligence (DI) solutions for the public and private sectors, announced that it will invest over $155M in the global artificial intelligence (AI) industry over the next three years “to help clients advance the use of… Read More

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