Israel Discount Bank gets AI energetic with Personetics
Cognitive Banking Brain powers AI digital financial assistant Didi.
Machine Learning
Alibaba Cloud brings big data programme to Malaysia
To get experts to collaborate and compete in developing tech solutions.
BehavioSec boosted by $17.5m funding
Behavioural biometrics company now has total funding of almost $26 million.
Softbank seeks to steal PayPal’s plunder
A rival digital payments system?
LenddoEFL psychometric scoring solution launches in Vietnam
Entrepreneurial Finance Lab has furthered its reach across Asia.
Wipro takes minority stake in Harte Hanks
Wipro is acquiring a $9.9 million minority stake in omnichannel marketing services firm Harte Hanks.
UK cybersecurity start-ups get royal touch at Pitch@Palace
Event will be hosted by the National Cyber Security Centre and the GCHQ Cyber Accelerator.
UK government plots cryptocurrency regulations
Amidst the drama and diatribes of Davos, two politicians open their mouths.
First Data to open new fintech centre in Ireland
US payments firm also aims to hire 150 staff from around the world.
SAP invests €2bn for French fintech innovation ASAP
Its areas of interest include cloud, machine learning, blockchain, IoT and SaaS.
Fintech funding round-up: 23 January 2018
From London to Asia. Stars Anorak Technologies, Funding Societies and Mekar.
Three steps to improving customer engagement with AI
What does 2018 have in store for AI, and how can companies get the most out of it?
Exactpro completes management buyout from London Stock Exchange
They’re still friends – LSE will remain a customer of Exactpro.
Citi plays Cupid for university talent search
Shoot that fintech arrow to my heart!
UK and France governments strike accord for fintech innovation
Tech sectors plan to get closer together with a digital conference to promote deeper integration.
Featurespace now features new CFO
Starting off the new year with a new chief financial officer – Jonathan Crossfield.
Amazon taps 20 locations as finalists for second HQ
It’s the hottest competition since “The Bachelor”.
Fintech funding round-up: 18 January 2018
Featuring BB&T Corporation, Solgari and Tinkoff Bank.
Workday acquires machine learning start-up SkipFlag
SkipFlag uses deep learning to help enterprises make sense of data they collect each day.
Microsoft and Alibaba officially have AI that’s smarter than humans
They beat humans using the Stanford Question Answering Dataset – aka SQuAD.
Widiba homes in on Artificial Solutions for VR banking launch
Enter a virtual branch to carry out transactions or talk to an advisor.
Fintech Lab launches insurtech accelerator in Moscow
Nine start-ups primed for action.
TD Bank deeper in AI mix with purchase of Layer 6
Ta-da! Making its intentions clear with acquisition of Toronto-based artificial intelligence (AI) company.
AI is on!
Implementation of first uses cases around real-time contextual added-value banking notifications and offers to make their appearance in 2018.
Interview: Pranshu Maheshwari, SimpleMoney – on track for investment tracking
SimpleMoney’s co-founder explains the problem he’s out to solve and why he isn’t in the robo-advisory game.
Don’t fear the rise of the robots
With wildly conflicting views from experts on the topic, and given that most of us had our first interaction with artificial intelligence whilst watching The Terminator, it isn’t hugely surprising that there is a fear of the rise of the robots.
MIT warns of ransomware in the cloud and weaponised AI
How secure will the cloud be in the coming 12 months?
Fintech trends 2017: blockchain, big data… what’s next?
2017 ends with the Bitcoin having surpassed the $19,000 mark. Could this perhaps be a taste of our future?
Schroders first in Singapore to launch asset manager chatbot
Beta version now online operating through Facebook Messenger.
Using artificial intelligence to keep criminal funds out of the financial system
Are you suspicious? This is a key question at the heart of efforts to tackle money laundering: if you work for a bank or other financial institution and have suspicions money laundering is happening, you have a legal duty to speak up.
AI will create 2.3m jobs by 2020 – report
With concerns that AI will make human employment obsolete, research firm Gartner is looking to counter that narrative.
Google shows love for AI with new centre in China
Google has unveiled an AI centre in China as it searches out humans with ML talent.
Rise of the machines will be monitored
The Financial Stability Board has stated in its first report on AI that the risks they pose need monitoring.
Fintech Connect Live 2017: the unleashing of AI and ML
Fintech Connect Live 2017 is a gathering of some of the biggest players in the fintech. With the looming rise of open banking and the cryptocurrency surge, it’s the smaller start-ups and innovators of smart technologies in banking that are making headway with use of artificial intelligence (AI), machine learning (ML).
Jaywing the Archetype with new AI risk tech launch
Risk and data science firm Jaywing has unveiled Archetype, a new risk technology product that uses artificial intelligence (AI), machine learning and deep neural nets to help lenders generate statistical models.
IBM’s Power9-based AC922 system designed for AI workloads
IBM is ready to start shipping the first commercial server systems built around its recently released Power9 processor. Dubbed the AC922 Power Systems, these servers will ship by the end of December, and are specifically designed for artificial intelligence (AI) workloads.
Amazon brings machine learning to “everyday developers”
Amazon Web Services (AWS) is looking to bring machine learning (ML) to ordinary developers, launching the SageMaker service to simplify building applications, reports Enterprise Cloud News (Banking Technology’s sister publication). ML is too complicated for ordinary developers, AWS CEO Andy Jassy said at a keynote during the AWS re:Invent event. “If you want to enable most […]
TrueAccord lands $22m to humanise debt collection
Online debt collection service TrueAccord has received $22 million in funding – bringing its total amount to almost $34.5 million, reports Julie Muhn at Finovate (Banking Technology’s sister company). Leading the round was Arbor Ventures. A mix of existing and new investors, including Arbor, Nyca Investment Partnership, Assurant Growth Investing, Caffeinated Capital Fund, Felicis Venture, TenOneTen and Crystal […]
Dell makes machine learning road-ready
While Oracle, IBM and others are pushing machine learning in the cloud, many enterprises see advantages to keeping IT infrastructure in-house. Dell is looking to fill that desire with a line of hardware servers and services for machine learning for the enterprise, reports Enterprise Cloud News (Banking Technology’s sister publication). Dell Machine and Deep Learning […]
BondIT closes $14m in funding
Advisory tools tech company BondIT landed $14 million in funding from China-based Fosun Group.
