According to a new report from fraud prevention platform Ravelin, e-commerce merchants are bracing themselves for a significant rise in AI-powered fraud over the next 12 months. The majority (91%) of retailers, travel companies, digital goods providers, and marketplaces are worried about criminals turning to… Read More
Read more in: Artificial Intelligence | Tagged ai, fraud, martin sweeney, natural language processing, ravelin
Quantinuum, which claims to be one of the world’s largest quantum computing companies, and HSBC are pleased “to announce a series of exploratory projects that exploit the potential near- and long-term benefits of quantum computing for banking with specific projects in cybersecurity, fraud detection, and… Read More
Read more in: Fintech, Global | Tagged banking, cybersecurity, fraud detection, hsbc, ilyas khan, natural language processing, nlp, quantum, quantum computers, quantum computing
Quantexa, a global player focused on Decision Intelligence (DI) solutions for the public and private sectors, announced that it has acquired Aylien, a Dublin-based leader in natural language processing (NLP) and advanced AI to empower its customers to collect, analyze, and understand unstructured text data…. Read More
Read more in: Fintech, Artificial Intelligence | Tagged acquisition, ai, analytics, artificial intelligence, aylien, data, decision intelligence, di solutions, dublin, europe, ireland, natural language processing, nlp, parsa ghaffari, Quantexa, vishal marria
Alkymi, the provider of data workflow automation solutions, has announced the onboarding of Interactive Brokers Group, Inc., an automated electronic broker that operates “one of the largest electronic trading platforms by volume in the US.” The announcement also mentioned that the company chose Alkymi Data… Read More
Read more in: Fintech | Tagged Customer Experience, cx, digital onboarding, digital trading, electronic trading, interactive brokers, machine learning, natural language processing, nlp, user experience, ux, yochai korn
Staircase AI, a pioneer in relationship intelligence, has confirmed the completion of its $4 million seed round. The firm acquired funding from StageOne Ventures, a VC fund that’s focused on addressing major enterprise challenges, and Disruptive AI, an early-stage VC that specializes in artificial intelligence…. Read More
Read more in: Artificial Intelligence, General News, Global | Tagged ai, artificial intelligence, data science, digital engagement, digital technology, digital transformation, digitalization, israel, machine learning, ML, natural language processing, nlp, stageone ventures, united states, us, yorai fainmesser
Axyon AI, an AI provider for the asset management sector, has appointed Luigi Conti to serve as an independent board member. Axyon AI offers deep learning solutions that assist fund managers with providing more efficient and innovative investment services. The firm, which includes UniCredit S.p.A…. Read More
Read more in: Artificial Intelligence, Fintech, Global | Tagged ai, artificial intelligence, asset management, axyon ai, daniele grassi, deep learning, europe, fund management, italy, natural language processing, new appointments, nlp
Overbond and IPC have announced a new partnership focused on accelerating the automation of fixed-income trading with voice-to-AI technology. Overbond is teaming up with IPC, a provider of secure, compliant communications and multi-Cloud connectivity services for the international financial markets, in order to integrate IPC’s… Read More
Read more in: Fintech, Artificial Intelligence, Canada, Global | Tagged ai, artificial intelligence, canada, ipc, natural language processing, nlp, overbond, toronto, trading, voice data, vuk magdelinic
Ojamu, which aims to bring AI-enhanced MarTech (marketing technology) to the blockchain by harnessing the power of DLT and NFTs, says it wants to help with “predicting” the “most effective” digital marketing strategy for major brands. Founded in 2019, Singapore-based Ojamu notes that they plan… Read More
Read more in: Blockchain & Digital Assets, Artificial Intelligence, Asia | Tagged ai, artificial intelligence, distributed ledger technology, dlt, ethereum, matic, natural language processing, nlp, ojamu, polkadot, singapore, southeast asia
The team at Tel Aviv-based Shield, an established Regtech firm, reveals that they’re introducing their powerful Alert Transparency capabilities, bringing “unmatched” understanding to compliance alerts and triggers via AI, Natural Language Processing (NLP), and various other backend technologies. As regulatory authorities throughout the world aim… Read More
Read more in: Regtech & Legaltech, Artificial Intelligence, Global | Tagged ai, artificial intelligence, compliance, europe, fca, financial conduct authority, israel, natural language processing, nlp, regtech, regulatory technology, shield, tel aviv, uk, united kingdom
Symphony, the market’s infrastructure and technology platform, confirmed that it will now provide a complete, secure and verified directory for the financial services sector as it has acquired StreetLinx, a counterparty mapping platform. This acquisition adds more than 200 institutional counterparties to the 1000+ institutions… Read More
Read more in: Fintech, General News | Tagged acquisition, automation, brad levy, cloud, financial services, markets infrastructure, natural language processing, nlp, symphony
yellow.ai, a customer experience (CX) automation platform, “trusted” by over 700 enterprises internationally, reveals that it has acquired $78.15M through a Series C round, which was led by WestBridge Capital along with contributions from Sapphire Ventures, and Salesforce Ventures. As noted in a release shared… Read More
Read more in: Artificial Intelligence, General News, Global | Tagged ai, amy wu, artificial intelligence, automation, investment round, jai das, lightspeed ventures, natural language processing, nlp, sapphire ventures
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
Read more in: Artificial Intelligence, Fintech, Global | Tagged ai, artificial intelligence, aveni, consumer behavior, edinburgh, joseph twigg, natural language processing, nlp, scotland, scottish enterprise, uk, united kingdom
ComplyAdvantage, an AI-enhanced financial crime detection firm, has extended its Series C funding round to $70 million, with an additional $20 million from Goldman Sachs. ComplyAdvantage‘s investment has reportedly come on top of the firm’s oversubscribed Series C round that was announced in July of… Read More
Read more in: Artificial Intelligence, Fintech, Regtech & Legaltech | Tagged ai, artificial intelligence, balderton capital, complyadvantage, europe, goldman sachs, index ventures, investment round, london, machine learning, natural language processing, nlp, regtech, regulatory technology, uk, united kingdom
London-based IOWArocks, the international marketplace for data, technology, and services, has reportedly added First To Invest to their platform. First To Invest leverages Big Data and natural language processing (NLP) technologies to gather, structure, and share key events related to public, private firms, and specific… Read More
Read more in: Fintech, Global | Tagged big data, europe, london, natural language processing, nlp, uk, united kingdom
Israel-based Mirato, a company that has developed an AI-enhanced third-party risk management platform (TPRM) for financial services providers, has secured $9 million in capital. Mirato’s investment round was led by Grove Ventures along with contributions from Janvest Capital Partners (co-leader), American Express Ventures, iAngels and… Read More
Read more in: Fintech, Artificial Intelligence, General News, Global | Tagged ai, artificial intelligence, investment round, israel, natural language processing, new york, nlp, tel aviv
IOHK (Input Output Hong Kong) has teamed up with Wolfram in order to power Cardano (ADA), a major platform for building decentralized applications (dApps). Cardano has notably joined Bitcoin (BTC) and Ethereum (ETH) by integrating into Wolfram’s leading technology and knowledge base, Wolfram Alpha. However,… Read More
Read more in: Blockchain & Digital Assets | Tagged bitcoin, cardano, computer programming, distributed ledger technology, dlt, ethereum, iohk, natural language processing, nlp, software development, wolfram
Israel based Regtech firm Shield was recently chosen to join the IBM Cloud for Financial Services ecosystem. Many financial institutions have been migrating or deploying new applications on Cloud-powered platforms that streamline routine banking and related business processes. We recently caught up with Eran Noam,… Read More
Read more in: Fintech, Artificial Intelligence, Featured Headlines, Global, Regtech & Legaltech | Tagged ai, artificial intelligence, cloud, compliance, copenhagen, eran noam, ibm cloud, interview, israel, london, machine learning, ML, natural language processing, nlp, regtech, regulatory technology, shield, tel aviv
Grata, a company developing the “first-of-its-kind” small business B2B search engine, has secured $3.2 million in seed funding. As mentioned in a release shared with CI, Grata’s investment round was led by Bling Capital along with participation from Accomplice and Alumni Ventures Group. Former executives… Read More
Read more in: Fintech, General News | Tagged b2b, Fintech Investments, investment round, machine learning, ML, natural language processing, nlp, search engine
Edinburgh-based Fintech Aveni is planning to improve how businesses interact with their clients by automating customer relations management (CRM), fact-checking, risk monitoring and assessment, and adviser prompts. The company has secured £520,000 in seed funding through a round led by the Tricapital angel syndicate. The… Read More
Read more in: Artificial Intelligence, Fintech | Tagged ai, artificial intelligence, aveni, crm, edinburgh, joseph twigg, natural language processing, nlp, scotland, uk, united kingdom, university of edinburgh, video conferencing
The Securities Services division of France’s BNP Paribas, the 8th largest bank in the world in terms of total assets, is reportedly using Natural Language Generation (NLG) to prepare concise, one-page executive summaries for its custody customers. BNP Paribas explained that NLG helps it convert… Read More
Read more in: Artificial Intelligence, Fintech, Global | Tagged ai, artificial intelligence, bnp paribas, europe, france, natural language generation, natural language processing, nlp
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