Tagged: artificial intelligence

July 9, 2021 @ 2:20 pm By Omar Faridi  |  

Regtech company Suade Labs, which aims to close the regulatory gap with modern technology, has reportedly added Mansfield Building Society to its client portfolio. Mansfield Building Society will be using the full-service offering provided by Suade Labs’ Regtech (regulatory technology) to address it reporting requirements…. Read More

July 7, 2021 @ 11:54 pm By Omar Faridi  |  

Crown Agents Bank reveals that it has introduced a biometric authentication pension solution, called EMpower Pensions. It offers secure, end-to-end pensions management, along with local and international pension payroll, from a unified, all-digital platform. EMpower Pensions aims to enhance the pensioner’s proof of life checking… Read More

July 3, 2021 @ 9:42 pm By Omar Faridi  |  

KT, one of South Korea’s largest telecom companies, reveals that it will be investing KRW 23.6 billion (appr. $20.9 million) into the operations of Webcash Group. The investment will be part of a plan to form an alliance relationship for the B2B sector. Webcash Group… Read More

July 3, 2021 @ 9:08 am By Omar Faridi  |  

Symphony, the financial markets’ infrastructure and tech platform, has teamed up with Fintech company Saphyre, Inc. in order to integrate patented AI solutions into pre and post-trade workflows for front, middle and back office teams. The integrated solutions may be accessed via Symphony’s platform. As… Read More

June 30, 2021 @ 3:33 pm By Omar Faridi  |  

Wells Fargo (NYSE: WFC) has reportedly acquired a stake in Theta Lake, an established provider of compliance and security solutions for chat, video, and voice collaboration tools. Theta Lake aims to support the hybrid working trends that are becoming quite popular, especially after the COVID… Read More

June 26, 2021 @ 7:10 am By Omar Faridi  |  

NEM Ventures has expanded its early-stage ecosystem after the launch of Symbol. As mentioned in a release shared with Crowdfund Insider, the NEM Ignite Incubator Program is now preparing promising or high-potential blockchain startups for market entry on Symbol. NEM Ventures, which is the VC… Read More

June 23, 2021 @ 11:28 am By Omar Faridi  |  

Fundbox, the financial platform for small businesses, revealed on Tuesday (June 22, 2021) that they’ve appointed Hilliard Terry to their Board of Directors. As mentioned in a note shared with CI, Mr. Terry is an experienced executive leader, corporate board member and advisor to private… Read More

June 23, 2021 @ 9:25 am By Omar Faridi  |  

Analytics software company FICO recently revealed that Switzerland-based PostFinance will be protecting almost 3 million debit cards with the FICO® Falcon® Platform, an AI-enhanced payments card protection solution. PostFinance, the financial services division of Swiss Post, says it will be using the Falcon Platform to… Read More

June 21, 2021 @ 8:17 pm By Omar Faridi  |  

Ezbob Ltd., a customer acquisition technology provider for financial services, has launched a new modular software-as-a-service or SaaS platform that addresses key trends in the financial services industry. The firm’s Ezbob Express aims to focus on providing financial services companies with the flexibility of filling… Read More

June 21, 2021 @ 11:04 am By Omar Faridi  |  

Scottish Fintech firm Aveni has acquired a £1.1 million investment in order to establish an AI platform which is focused on supporting speech analytics for modern businesses. Aveni Detect reportedly uses the latest artificial intelligence and natural language processing (NLP) technologies in order to fully… Read More

June 20, 2021 @ 6:31 pm By Omar Faridi  |  

OceanDAO, a distributed autonomous organization supporting the Ocean Protocol, reveals that the 7th round is now open for submissions. More than $200,000 is being offered for Data Science, Developer, and AI Research projects according to a release shared with Crowdfund Insider. During its first six… Read More

June 20, 2021 @ 5:06 pm By Omar Faridi  |  

Tractable, the AI firm assisting insurers with accident and disaster recovery, recently revealed that it has acquired $60 million through a Series D round that was led by Insight Partners and Georgian. Tractable’s latest investment round has now doubled the total raised by the firm… Read More

June 19, 2021 @ 4:00 pm By Omar Faridi  |  

The wishes of investors looking to not having to deal with settlement failure penalties and cookie-cutter services from custodian banks will be fulfilled by AI-powered solutions, according to a new paper from Deutsche Bank (ETR: DBK), titled “Unleashing the potential of AI in securities services.”… Read More

June 19, 2021 @ 9:36 am By Omar Faridi  |  

Universal and streamlined shopping app nate has secured $38 million in capital through a Series A round led by Renegade Partners, along with contributions from Forerunner Ventures and existing investors Canaan Partners and Coatue Management. nate’s Series A has been finalized a year after the… Read More

June 14, 2021 @ 11:01 pm By Omar Faridi  |  

BNY Mellon (NYSE: BK), an American investment banking services holding company headquartered in New York City with over $380 billion in assets, and Saphyre recently revealed that they’ll utilize AI tech to enhance the customer experience while also automating and expediting client onboarding. This partnership… Read More

June 11, 2021 @ 1:02 pm By Omar Faridi  |  

AI and machine learning network Fetch.ai will be working with IOTA, in order to connect Autonomous Economic Agents to IOTA network’s rich data sources. As mentioned in a blog post by Fetch.ai, dated June 10, 2021, for the first time ever, this draws “a clear,… Read More

June 10, 2021 @ 6:38 pm By Omar Faridi  |  

Active.Ai, a conversational AI platform developed for financial services, and Glia, a provider of digital customer service, have teamed up in order to empower financial institutions with meeting their customers in the digital domain. Through the partnership, Active.ai and Glia will provide conversational AI services,… Read More

June 3, 2021 @ 7:36 am By Omar Faridi  |  

Sentinels, the Dutch company behind an AI-enhanced transaction monitoring system, has secured €5.7 million through a seed funding round. As explained on the company’s website: “Sentinels optimizes your existing anti-money laundering and transaction monitoring processes at the root by generating real-time actionable client insights. Your… Read More

June 2, 2021 @ 2:43 am By Omar Faridi  |  

Fraudio, a startup founded by experts from the Dutch payment ecosystem, has reportedly secured  $3.3 million in capital via a seed round. The Fraudio team claims that they’ve spent two years developing a Cloud native, centralized AI and machine learning payment fraud detection solution for… Read More

June 1, 2021 @ 10:26 pm By Omar Faridi  |  

Hong Kong-based insurance firm YF Life has partnered with HKBN Enterprise Solutions (HKBNES) in order to offer a Google Cloud-enabled Cantonese voice chatbot. The chatbot will be supporting insurance services and is expected to be introduced in early 2022. The chatbot uses Google Cloud‘s AI… Read More