Russia’s Largest Bank Sberbank and Microsoft to Use Artificial Intelligence for Robotic Cash Handling

October 18, 2019 @ 8:38 pm By Omar Faridi |

Sberbank Rossii PAO (MCX:SBER) and Microsoft Research (MSR) announced a joint initiative to explore the use of Microsoft’s artificial intelligence (AI) solutions in robotics. The project involves training robots to interact with real-world objects in the same way that humans do. Researchers at Sberbank will… Read More

Report: Corporate Treasurers Say Cloud Computing, plus AI & Big Data Will Be Most Important Tech Advancement to Impact their Industry

October 13, 2019 @ 9:33 am By Omar Faridi |

Corporate treasurers believe that advancements in cloud computing will be one of the most important technological developments to impact their industry in the coming years. Big Data analytics and artificial intelligence (AI) are also expected to improve standard business processes. The Deutsche Bank-supported Economist Intelligence… Read More

Cloudvirga Raises $15 Million In Series B

April 2, 2017 @ 12:26 pm By Jonathan Nieh |

Last Monday, Fintech company cloudvirga, developer of a cloud-based mortgage automation platform, announced it raised $15 Million is Series B funding. Cloudvirga’s trademarked intelligent Mortgage Platform (iMP) automates the entire mortgage workflow process between borrowers and lenders. Central to cloudvirga’s success is its ability to maintain strict… Read More

Read more in: Fintech, Real Estate | Tagged automation, cloud, cloudvirga, incenter, mortgage, series b

London Financial Services Summit: “Institutions Must Adapt or Risk Obsolescence”

December 29, 2016 @ 11:32 pm By Jessica Pham |

Tapestry Networks and Ernst & Young (EY) published a report this month focused on global revolutionary changes that will affect the financial services sector. The full version of the report is below. The report is a result of the October 5-6, 2016 Financial Services Leadership Summit in… Read More