Artificial intelligence

109 articles tagged with this keyword

/markets

Isda provides furture perspective on GenAi in the derivatives market

This ISDA Future Leaders in Derivatives (IFLD) whitepaper sets out guidance for industry stakeholders, regulators and technology providers seeking to harness the power of generative artificial intelligence (genAI) in transforming the over-the-counter (OTC) derivatives market.

/wholesale

Bian adds 19 members

Bian, the independent not-for-profit standards association, is announcing that 19 new members have joined the growing organization, bringing the total number of members to 98. This momentum has helped BIAN further its commitment to forging a new era of banking.

/markets

Bridgewise closes $21m funding round

Bridgewise, the innovative AI-based analysis platform for global securities, has announced the completion of a $21 million funding round, bringing its total capital raised to $35 million.

/wholesale

Wells Fargo chooses TradeSun to digitise trade finance

TradeSun and Wells Fargo have entered into an agreement that will enable Wells Fargo to leverage the industry leading trade finance and compliance digitization solution from TradeSun, using Artificial Intelligence (AI) and other advanced technologies to streamline the complex and manual processes employed globally within the banking industry.

/people

Tifin appoints Rob Pettman chief revenue officer and president

Tifin, a leading AI and innovation platform for wealth, announces the appointment of Rob Pettman as its Chief Revenue Officer and President.

/wholesale

Surecomp partners Cleareye.ai on AI-powered trade finance automation

Surecomp today announced a strategic partnership with Cleareye.ai Inc., a leading provider of digital trade finance solutions providing automation of trade compliance and operations.

/retail

Myanmar's KBZ Bank signs for FinbotsAI AI credit scoring tech

FinbotsAI, an Accel-backed Singapore headquartered B2B SaaS FinTech today announced signing KBZ Bank – Myanmar’s largest privately-owned bank – as their first client in Myanmar.

/security

Reltime launches blockchain R&D centre in India

Reltime, a leader in Web3-based financial and digital services technology, is proud to announce the opening of a new research and development facility, ‘Reltime Research Lab Private Limited’, in Chennai, India.

/wholesale

Kyriba expands AI suite

Kyriba, a global innovator in liquidity performance, today announced new AI features within its platform designed to improve cash forecasting, bank connectivity-as-a-service and custom report generation.

/startups

Isle of Man announces participants in fintech challenge

The Isle of Man Government today reveals the cohort of 16 international organisations that will take part in the Island’s biggest ever Innovation Challenge.

/startups

Auditoria.AI introduces domain-specific small language model for finance, accounting and procurement

Auditoria.AI, the pioneer in automated, AI-powered intelligent applications for finance, today announced the latest updates to its ERP-centric cognitive automation platform featuring an industry-first domain-specific small language model (SLM), advanced human-in-the-loop technologies, and multiple options for large language model usage.

/security

Nice Actimize taps AI for fraud management platform

Nice Actimize, a Nice business (Nasdaq: NICE), today announced the availability of IFM 11 (Integrated Fraud Management), a new release of its market leading, AI-driven fraud management and detection platform.

/cloud

Silvr taps Google Cloud for AI-powered SME financing

Google Cloud and Silvr, a French startup specialising in short-term financing for SMEs, today announce a technological partnership, leveraging AI to facilitate entrepreneurs' solvency calculation and access to financing.

/regulation

Oracle launches AI-powered cloud service to help banks mitigate AML risks

With $5.05 trillion expected to be laundered this year alone, banks are struggling to keep up with the cost and complexity of compliance.

/regulation

SymphonyAI launches sanctions tech

SymphonyAI, a leading provider of predictive and generative enterprise AI SaaS solutions, today announced SensaAI for Sanctions, a platform-agnostic “AI upgrade” for any sanctions solution.

/retail

GFT taps Google for GenAI assistant

Projections show that the global AI adoption rate could grow as much as 40% between 2023 and 2030.

/wholesale

Linedata acquires French AI startup

Linedata (Euronext Paris: LIN), a global provider of asset management and credit technology, data, and services, today announces the acquisition of DreamQuark, a renowned French startup specializing in the development of artificial intelligence (AI) platforms and services for the financial services sector.

/cloud

Mphasis and AWS launch Gen AI Foundry for financial services

Mphasis, (BSE: 526299; NSE: MPHASIS), an Information Technology (IT) solutions provider specializing in cloud and cognitive services, today announced a multi-year global Strategic Collaboration Agreement (SCA) with Amazon Web Services (AWS).

/regulation

Wolters Kluwer launches AI-powered regtech service

Wolters Kluwer Compliance Solutions has launched OneSumX® Reg Manager to help U.S. community banks and credit unions enhance their regulatory change management efforts.

/security

CaixaBank explores use of AI to tackle cyber threats

CaixaBank will be part of two European consortia to prevent cyberthreats and provide a faster and more secure response in the face of potential incidents.