Are we AI ready?
As we continue to layer AI technology into our day-to-day lives, the risks continue to multiply.
Machine Learning
Lynx raises £15m Series A funding to fight fraud and financial crime
Created 20 years ago, Lynx leverages AI and machine learning to detect and prevent financial crime.
Bambu taps WealthKernel to launch “world’s first” SaaS robo-advisor
Bambu says its solution has been designed for financial institutions that cater to mass retail investors.
Japan’s MUFG pens multi-year partnership with AWS for digital transformation
By moving to the cloud, AWS claims that MUFG has been able to reduce IT operational costs by 20%.
Customers Bank taps Funding Circle for Lending-as-a-Service platform
The bank says the platform will enable it to deliver “affordable term loans” directly to its SMB customers.
Video: Atomic at Money20/20 USA 2023 – Powering financial connectivity
Atomic’s Andrea Martone discusses how the firm is helping businesses align with the CFPB’s vision for open banking.
Unlocking Alpha: how AI is helping investors fine-tune their strategies
FinTech Futures speaks with the founders of 3AI to discuss how AI technology can transform investing strategies.
Video: Socure at Money20/20 USA 2023 – Fighting first-party fraud
We chat with Socure’s Johnny Ayers about the launch of the company’s Sigma Identity Fraud solution.
Improving safety in AI
Having regulators test AI before release will ensure a much better understanding of its capabilities.
Video: SAS at Money20/20 USA 2023 – The growth of generative AI in financial services
We chat with Diana Rothfuss of SAS and Theodora Lau about the applications of generative AI in finance.
Webinar | 7 December 2023: Beyond the hype – exploring the real-world use cases for AI in financial services
Join us for what’s sure to be a fascinating deep dive into the world of AI in financial services.
UK Finance calls on government to form new quantum computing taskforce
The taskforce would seek to explore the “multibillion-pound opportunities” of a quantum-enabled economy.
Spain’s Twinco Capital secures €50m debt facility from BBVA Spark
The facility will be used to support the company’s portfolio growth and geographical expansion plans.
ICYMI fintech funding round-up: UnaFinancial, Multifi, Triple-A and more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Arteria AI bags $30m to help financial institutions extract data from documentation
The Series B round was led by GGV Capital and takes the start-up’s total funding to date to $50 million.
JP Morgan and Mastercard’s new Pay-by-Bank solution goes live in the US
Verizon has revealed it will pilot the solution with its US customers “in the coming months”.
Turkish fintech Figopara taps Provenir to automate risk decisioning
The partnership comes as Figopara gears up for a “significant” international expansion push.
Cartoon: Parallel processing
A new cartoon illustrating the different use cases for some of the more popular AI chatbots.
Video: Genpact at FinovateFall 2023 – Generative AI across the banking value chain
We chat with Anu Sachdeva of Genpact about the key use cases and benefits of generative AI in banking.
Breaking Moloch: the game theory monster in AI, economics and beyond
Can banks stop their self-destructive tendencies and escape the race to the bottom?
Video: Infosys Finacle at Sibos 2023 – Recomposing banking and the importance of ethical AI
We chat with Infosys Finacle CEO Sanat Rao about the need for banks to continuously evolve to remain competitive.
Video: Genesys at FinovateFall 2023 – Modernising the customer experience in banking
At FinovateFall 2023, we spoke with David Porter of Genesys about how banks can enhance their customer experience.
Revolutionising SME financing: How Banca AideXa uses AI and open banking to support SME growth
We explore how Banca AideXa uses artificial intelligence (AI) and open banking to revolutionise online financing.
SaaS fintech Earnix appoints Be’eri Mart as chief product officer
Mart initially joined the fintech in August 2020, just before it landed its unicorn status.
Clearco completes recapitalisation, secures $60m Series D funding and $100m financing facility
The recapitalisation comes after the Canadian growth capital firm carried out significant job cuts over the last year.
AI: Will it help or hinder compliance?
AI can’t replicate human nuance nor can it fully comprehend the human motivations for committing fraud.
GenAI: friend or foe in fraud risk management?
While tech advancements are made with the best intentions to improve our lives, criminals can also use it to their own benefit.
FinTech Futures: Top five stories of the week – 29 September 2023
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Transforming the user experience: the dawn of dynamic knowledge rendering in financial services
With GenAI in financial services, we’re not just on the cusp of significant change – we’re in the midst of it.
XYB resolves bank-building barriers with GenAI through Google Cloud partnership
XYB was launched by London-based banking services provider Monese back in May.
AI and customer care: balancing automation and agent performance
Use cases for developing top-performing contact centre agents: AI simulation training, immersive learning & performance monitoring.
US Bank seeks AI specialist in call for automation and process transformation leader
The bank says a “significant component” of the role will be to “leverage new technologies in the AI arena”.
Akber Jaffer named as SmartStream’s new CEO
Bringing more than 25 years of experience to his new role, Jaffer joins SmartStream from Finastra.
Video: Citi Ventures at FinovateFall 2023 – This year’s fintech funding trends
We catch up with Arvind Purushotham of Citi Ventures to discuss the current fintech funding landscape.
Sibos readies the industry to unlock the full force of AI
A variety of compelling panels led the event’s narrative on one of this year’s most trending topics.
Sibos 2023: Empathy and AI – banking’s duty of care
Ultimately, the responsibility lies with humans to decide where, when, and how AI is deployed.
Sibos 2023: Why AI in banking is more evolution than revolution
AI is nothing new for banks, and the current hype is unsustainable.
Video: Piermont Bank at FinovateFall 2023 – Achieving digital acceleration
We chat with Rodrigo Suarez of Piermont Bank about how incumbents can achieve digital acceleration.
Daily News at Sibos 2023
Download your free copy of the Daily News at Sibos publication today!
Sibos 2023: How data enables the paradigm shift to accelerated settlements
SmartStream’s Vincent Kilcoyne explains why the success of accelerated settlements hinges on quality data.
