Artificial intelligence

89 articles tagged with this keyword

/markets

Nvidia's earnings soar as AI hits the mainstream

Nvidia has announced the company’s financial results for the fourth quarter that reported a revenue of $22.1 billion, 22% higher from Q3 and 265% increased from last year.

/crime

Napier AI lands £45 million in funding

UK financial crime RegTech Napier AI has landed £45m in backing from US-based Crestline Investors.

/devops

How Westpac is using Generative AI to speed up software development

Westpac has trained 800 engineers on the use of generative AI tools to speed up software development.

/payments

NextGen Nordics 2024: What to expect from this year's conference

Finextra is returning to Stockholm for the annual NextGen Nordics event. Attendees can expect in-depth conversations on a variety of topics, and much more.

/retail

Nigeria's Carbon buys Vella Finance for AI-powered business banking

Nigerian digital bank Carbon has acquired Vella Finance for the launch of an AI-powered platform for SMEs. Financial terms were not disclosed.

/startups

PayPal invests in conversational AI firm Rasa

PayPal Ventures has co-led a $30 million Series C funding round for generative conversational AI platform Rasa.

/security

Revolut launches AI-based scam detection feature

Revolut has launched an AI-powered anti-scam feature to protect customers from falling victim to authorised push payment fraud.

/startups

Sibli raises $4.5m for AI-powered investment research

Sibli, a startup using AI to help asset managers in the investment research process, has raised $4.5 million in seed funding.

/devops

GitHub CoPilot gives ANZ engineers productivity boost

Software engineers at ANZ Bank saw a "notable boost" in productivity and code quality when using the GitHub Copilot AI tool.

/payments

NextGen Nordics 2024: Agenda to cover AI, Buy Now Pay Later, data privacy and Request to Pay

The Nordic region has been at the vanguard of innovation across payments for decades, but is that the case in 2024? NextGen Nordics 2024 - a leading conference led by Finextra Research held in Stockholm on 23 April 2024 - will procure an answer to this question from experts hailing from Denmark, Finland, Iceland, Norway and Sweden.

/regulation

Visa, Mastercard, JP Morgan, Citi among companies to attend US AI Safety Consortium

As part of the Biden Administrations efforts to regulate AI, over 200 organisations have agree to attend the US AI Safety Institute Consortium (AISIC), including Nvidia, OpenAI, Apple, JP Morgan, and Amazon.

/retail

JPMorgan Chase dominates AI research in banking

JPMorgan Chase has consolidated its reputation as an AI research powerhouse, according to new data from benchmarking platform Evident.

/cloud

Banks migrate from mainframes to AI-driven cloud tech

Generative AI is decisively facilitating the transition of banking applications to the cloud, according to nearly two thirds of industry players surveyed by NTT Data.

/payments

NextGen Nordics 2024: Payments is ready for a refresh

Finextra is heading back to Stockholm to delve into the most important topics in the Nordic banking world at our NextGen Nordics 2024 conference on the 23rd of April.

/cloud

BNY Mellon partners Microsoft for data and analytics

BNY Mellon has formed a strategic alliance with Microsoft to offer its buy and sell side clients a cloud-based data and analytics platform.

/regulation

Bank of England governor Andrew Bailey embraces AI - BBC

Governor Andrew Bailey confirms House of Lords' view that the AI technology should be seen as a positive, rather than a risk to business.

/inclusion

Labour vows to make UK fintech leader

The UK's Labour party says it will deliver the next phase of Open Banking, become a standard setter for the use of AI, and embrace securities tokenisation and a digital pound if it wins the next election.

/crime

CFTC cautions against AI: 'be wary of the hype'

The Commodity Futures Trading Commission (CFTC) has issued a customer advisory warning to the public to keep an eye out for artificial intelligence (AI) scams.

/payments

PayPal unveils AI-based products

PayPal has unveiled a host of new AI-driven features for the new year but the plans failed to convince the market, with the payment giant's shares down more than four per cent in afternoon trading.

/startups

Davos 2024: AI most relevant for fintech development until 2029

Bryan Zhang, executive director and co-founder of the Cambridge Centre for Alternative Finance at The University of Cambridge Judge Business School presented research on the future of global fintech, conducted in conjunction with the World Economic Forum.