AI analytics platform FinTech Studios raises $5.1m
The company uses AI, NLP and ML to aid decision making.
Machine Learning
United Bank of India launches voice banking
FSS offers the solution in partnership with Amazon.
Insurtech Broker Buddha raises $4.5m in round led by Vertex Ventures
Vertex Ventures says Broker Buddha is “driving significant industry change”.
Data-cleaning platform Trifacta raises $100m
The funding round will open untapped industries to Trifacta.
Nucoro warns 84% of wealth management digitisation could fail
Wealth managers must re-engineer their operations to compete.
Element AI raises CAD 200m in Series B funding round
Element AI has raised CAD 340 million in total so far.
DN Intersect 2019: final round up and key takeaways
The conference was predominantly focused on North America.
Deutsche Bank launches first Shanghai innovation hub
The new hub will be the innovation arm of Deutsche Bank in China.
E-commerce group eShopWorld on the hunt for fintechs
The business aims to make cross-border online shopping seamless for consumers.
Banking Technology September 2019 issue out now
Thriving in a hyper-connected world.
BigID raises $50m in Series C funding round
BigID has now raised more than $96 million.
Yes Bank uses Microsoft’s AI platform for chatbot
The AI chatbot is well-versed in the banking world.
Kabbage acquires Radius Intelligence to expand its data library
Kabbage is backed by SoftBank and lends up to $250,000.
White paper: Financial services organisations – extracting powerful insights with AI-powered platforms
Find out how AI-powered platforms extract information and insights from data!
Standard Chartered chooses Traydstream AI solution
Traydstream begins with the global trade export market in Singapore.
Trends in banking
Evolving the operational models to deliver faster customer services, cost efficiencies and competitive offering.
Blooma raises $2.7m in first seed round
The financing was led by Floodgate.
SpotQA launches new product and secures $3.25m funding
The new product tests web and mobile web apps to identify bugs.
SMBC chooses Exiger AI compliance solution
Exiger promises SMBC it will boost its operational efficiency by more than 80%.
Westpac partners with Coupa for e-procurement
The partnership anticipates the government’s digitisation of procurement.
Banco Galicia chooses Strands for mobile banking
Strands technology will become “a tool for financial education”
Calypso and 2021.AI team up to leverage AI in finance
The partnership will optimise Calypso’s back-office processes.
essDOCS enables first fully integrated paperless iron ore trade
The trade traveled from Australia to China on the Voltron blockchain.
Biz2Credit commits $10m to fintech training initiative
Biz2Credit will fund training of 100 of its employees.
Enterprise Ireland invests €250k in CreditLogic
The firm uses AI and data analytics to speed up mortgage applications.
Scalable Capital attracts further €25m growth funding
Blackrock has increased its initial investment.
ASB invests in NZ blockchain start-up TradeWindow
It’s one of the first technology companies to receive direct funding from a NZ Bank.
Monarch creates first recurring crypto payments system
The solution will enable the likes of Netflix and Hulu to accept crypto.
NatWest launches voice tech for banking pilot
It’s testing exclusively with Google smart speakers for this pilot.
Commerzbank tests blockchain payment solution with Daimler Trucks
Current payment systems require a human to trigger the process.
Nasdaq uses AI to root out stock-market abuse
It detects irregular trading patterns and alerts officials according to machine-learning.
FNA raises $5.5m for AI-driven regtech
The firm collaborates with regulators manage financial risks.
AdviceRobo launches PSD2 robot for credit decisions
The AI-prediction model uses transactional data.
Focus on what’s important – and leave the rest to us
Smartstream’s platform takes the operational & regulatory responsibility of payments off your back.
Temenos acquires AI firm Logical Glue
It claims to bring transparency and explainability of AI automated decisions to the banking industry.
Separating the wheat from the chaff
Discover the ways to tackle complex data estates with Adlib Software.
White paper: AI-driven deal origination for capital markets
Learn more about AI driven deal origination with Squirro!
White paper: Are you using the best approach to catch digital identity fraud?
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NLP software firm RiskGenius closes Series B round
The company provides NLP processing tools for the insurance industry.
White paper: The architect’s guide to digital core banking in the cloud
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