Artificial intelligence

104 articles tagged with this keyword

/ai

Anne Boden quits Starling for new AI venture

Starling Bank founder Anne Boden has quit the board of the challenger bank to pursue a new AI venture.

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AWS announces generative AI service to create apps

Named AWS App Studio, financial institutions, fintech firms and virtually any organisation are now able to build an application that could have taken a professional developer days to create from scratch, but in minutes.

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BNP Paribas forms partnership with Mistral AI

BNP Paribas has inked a multi-year agreement with Mistral AI, covering all of the French artificial intelligence giant's commercial models.

/ai

Banco Santander and Google offer free AI training for everyone

Banco Santander and Google have reached an agreement to offer a free AI course for anyone over the age of 18 the world over.

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Mizuho and IBM test Gen AI for IT incident response management

Mizuho Financial Group is testing a generative AI application from IBM to help speed up recovery time from IT outages.

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Point72 Ventures ditches fintech team – Forbes

Point72 Ventures has fired five of their investors, three from fintech and two from their digital assets team, according to two sources with knowledge of the situation.

/ai

US RegTech Norm Ai raises $27 million

Norm Ai, a US RegTech that has built an AI platform for converting regulations into computer code, has raised $27 million in Series A funding from a host of financial institutions.

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Nubank buys Hyperplane to push AI-first strategy

Nubank is doubling down on its AI-first strategy with the acquisition of Silicon Valley-based data intelligence outfit Hyperplane for an undisclosed fee.

/ai

Central banks must raise game in face of AI - BIS

Central banks should embrace artificial intelligence to sharpen their analytical tools in pursuit of financial and price stability, according to the Bank for International Settlements.

/markets

Mosaic and Euroclear team to generate smarter fixed income data

Mosaic Smart Data has teamed up with Euroclear to launch Smart Markets, an AI-powered tool for parsing unstructured fixed income data to generate actionable trading insights.

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AI to impact more than half of banking jobs - Citi

AI is set to upend the finance industry, adding tens of billions of dollars in profit while leading to the automation of as many as half of jobs in the sector, according to research from Citi.

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Citi invests in commercial lending platform Numerated

Citi has made a strategic investment in Numerated as part of a wider partnership with the AI-powered modular commercial lending platform.

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EBAday 2024: Growing use cases for AI in banking and payments

During the last panel of EBAday 2024, Patricia Hines, head of banking and payments at Celent talked all things AI with Sara Amara, head of currency and clearing Europe at HSBC; Gurumurthy Palani, head of transaction banking at Gulf International Bank; Christian Sarafidis, chief executive EMEA financial services at Microsoft; and Andy Schmidt, vice president, global industry lead – banking at CGI.

/people

EBAday 2024: Success stories in collaboration

At EBAday 2024 in Lisbon, Finextra’s own Niamh Curran moderated a lunchtime session titled ‘Rising Stars’, with Luca Kotton, platform owner at Investec Bank; John Salter, chief customer officer at ClearBank; Jenny Winther, head of payment schemes at Handelsbanken; and Phoebe Zhou, head of emerging payments, GPS Europe at HSBC, discussing success and industry newcomers.

/payments

EBAday 2024: Instant payments and generative AI will be the most impactful for the industry

Digitisation and the advantages that are available through modern technology were core topics for the afternoon sessions at EBAday in Lisbon, Portugal.

/ai

Finextra launches NextGen:AI, a new event defining AI's future in financial services

Join Finextra in London on 26th November 2024 to challenge the perception of AI and its role in financial services.

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Michael Kors rolls out Mastercard GenAI-powered shopping assistant

Michael Kors has become the first retailer to integrate Mastercard's generative AI assistant, Shopping Muse, into its US website.

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NatWest gives chatbot a generative AI upgrade

NatWest is boosting the IQ of its digital chatbot Cora with generative AI to provide more nuanced, pro-active answers to customer queries.

/payments

EBAday 2024: Fintech Zone finalists revealed!

For the sixth year running, EBAday will host a dedicated Fintech Zone, where 16 early stage and growth startups will compete for the chance to be crowned the 2024 winner.

/ai

Rabobank joins funding round in Hawk

German RegTech Hawk has extended its Series B funding round with an additional investment from Dutch bank Rabobank.