Fintech News

APRIL 21, 2024

SoftServe, a global IT consulting and digital services firm, is set to present its latest generative AI (Gen AI) technologies at the upcoming Money20/20 Asia conference. During the conference, attendees will have the opportunity to explore three new Gen AI-integrated solutions: the updated digital avatar Jade 2.0,

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Fintech Finance

AUGUST 15, 2024

Using Google Cloud’s Vertex AI platform, Sionic is able to help financial institutions and retailers detect fraud more effectively. Sionic teamed with Google Cloud Consulting to design and build the specific use case AI models.

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The Fintech Times

AUGUST 14, 2024

Al Fardan Exchange, a financial services provider in the UAE, has partnered with the Dubai AI & Web3 Festival 2024 reflecting its commitment to advancing AI integration within the financial sector as well as supporting the UAE’s vision for a digitally advanced economy.

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Fintech Review

SEPTEMBER 5, 2024

Palo Alto, California, United States, September 5th, 2024, Chainwire AI-driven platform detects fraud at its earliest stages, preventing billions in potential crypto losses As scams grow more sophisticated and increasingly target crypto for laundering billions in losses, CUBE3.AI AI is pioneering a new era in fraud prevention.

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Bank Automation

APRIL 8, 2024

Financial institutions are looking to new technology, growing their innovation teams and investing in AI and generative AI. Citigroup goes beyond the technology when starting innovation projects, looking to its clients and existing capabilities. When the $1.6

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Finovate

FEBRUARY 16, 2024

In the landscape of financial services, fintech trends are always evolving and keeping up with competitors requires embracing change and innovation.

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Fintech Finance

SEPTEMBER 10, 2024

New research from RedCompass Labs , a world leader in payments modernization, has revealed that over half (54%) of banks are planning to leverage generative artificial intelligence (AI) for the shift to instant payments and other payments modernization projects, while four in ten (42%) are actively considering the possibility.

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The Fintech Times

JUNE 12, 2024

As Dubai looks to cement its position as a global leader in the world of finance and AI, its new AI Campus cluster has already been inaugurated. Announced in 2023, the Dubai AI Campus is the largest dedicated cluster of AI and advanced tech in the MENA region.

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Fintech News

DECEMBER 11, 2023

Swift has announced the launch of its first-ever “The Innovation Challenges” that invites participants to create AI-based solutions aimed at improving the efficiency and security of cross-border transactions. Registration is now open until 15 January 2024. The competition is divided into two primary areas.

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Bank Automation

JANUARY 22, 2024

Bank technology leaders attend the Consumer Electronics Show every year to spark innovation ideas for the bank’s research and development team; this year the focus was on all things AI.

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FloQast

SEPTEMBER 10, 2024

From the highest levels to the deepest valleys of hallucination , Gen AI’s potential, and its drawbacks, and, most relevantly here: How we see it impacting the accounting profession — now, and down the road. That’s why the shortage has made it imperative for us to harness AI’s potential. Capitalism marches on.

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Fintech News

JULY 18, 2024

The Monetary Authority of Singapore (MAS) announced an additional commitment of S$100 million under the Financial Sector Technology and Innovation Grant Scheme (FSTI 3.0) to support the development of quantum and AI technologies within the financial sector. to support the progressive adoption of AI technologies.

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The Fintech Times

JULY 12, 2024

The UAE launched its ‘Strategy for Artificial Intelligence’ (AI) in 2017 to integrate the use of the technology at all levels within the country. Seven years later, organisations continue to align themselves with the strategy, especially as AI’s popularity reaches new heights. ” J.K.

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Finovate

MARCH 25, 2024

First, I sit down with Edwin Van Bommel , Head of Strategy and Innovation with ABN AMRO Bank. In his role with the bank, van Bommel is responsible for introducing new products and services to clients in the areas of artificial intelligence and distributed ledger technology.

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Fintech News

SEPTEMBER 10, 2024

Arta Finance uses artificial intelligence and technology to create personalised investment strategies, supported by dedicated assistance for each member. ” Featured image credit: Edited from Freepik The post Arta Finance’s AI-Powered Wealth Platform Secures Funding from EDBI appeared first on Fintech Singapore.

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Bank Automation

MAY 24, 2024

Synchrony Financial is investing in training its employees on emerging technology, with a focus on AI and automation. The $117 […]

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The Fintech Times

FEBRUARY 2, 2024

It suggests that the UK government will need to engage with the nuances of open-source technology and open innovation and listen to its community. It suggests that the UK government will need to engage with the nuances of open-source technology and open innovation and listen to its community. per cent share in Europe.

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Fintech News

JUNE 18, 2024

The advancement of generative artificial intelligence (gen AI) has opened up new commercial, social, and technological opportunities. The Risks of Generative AI for Singapore One of the primary concerns highlighted in the whitepaper is the presence of biases in generative AI models.

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The Fintech Times

AUGUST 29, 2024

Dubai AI Campus , the dedicated cluster of AI companies at the DIFC Innovation Hub , home to the first fintech accelerator in the Middle East, is collaborating with Google Cloud, leveraging its expertise and resources to better support the local startup ecosystem.

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Seon

JUNE 7, 2024

Advanced technologies are transforming how fraudsters operate and how companies are fighting back. With its mimetic capabilities, AI-generated fraud is harder to detect and occurs at unprecedented volumes and velocities. Other AI applications include enhancements to traditional scams, such as phishing and social engineering attacks.

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Finovate

MAY 28, 2024

This transformative wave is powered by the synergistic relationship between human intelligence and artificial intelligence (AI). Transforming Human-to-Human Interaction through Technology At the heart of this transformation is the role of Generative AI. This shift has prompted banks to rethink the role of physical branches.

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Fintech News

JUNE 24, 2024

Bank Negara Indonesia (BNI), an Indonesian state-owned commercial bank, has partnered with Cloudera to leverage generative artificial intelligence (Gen AI) for advancing its banking services. This move positions BNI among the first global enterprises to trial Cloudera’s AI Inference service, powered by NVIDIA NIM.

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Bank Automation

JANUARY 30, 2024

Technology and innovations advanced in leaps and bounds in 2023, including enhancements to AI, the introduction of generative AI and investment in data analytics.

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The Fintech Times

FEBRUARY 7, 2024

The UK government has set over £100million aside for researching and developing Artificial Intelligence (AI) technology, and to support regulation in the space. The government has also pledged £10million to prepare and upskill regulators to address and make the most of the opportunities presented by AI.

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Fintech News

AUGUST 14, 2024

Prudential has announced an expanded strategic partnership with Google Cloud to introduce AI-driven products and applications aimed at enhancing experiences for customers, agents, and employees. The lab will provide Prudential’s 15,000 employees with tools and a structured environment to develop scalable AI products.

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Finovate

MAY 13, 2024

AI integration specialist AI Squared acquired open-source Reverse ETL (rETL) company, Multiwoven. The acquisition follows AI Squared’s $13.8 AI Squared made its Finovate debut at FinovateSpring 2023. AI integration platform AI Squared has acquired open-source Reverse ETL (rETL) company Multiwoven.

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The Fintech Times

AUGUST 23, 2024

Future Finance is a collaborative research project aiming to support mid-tier organisations and small to medium-sized businesses (SMEs) in the UK financial services sector to adopt innovative processes and products that improve accessibility of their services.

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The Fintech Times

JANUARY 6, 2024

Particularly since the release of OpenAI ‘s ChatGPT at the back-end of 2022, the world has sat up and taken notice of the potential of artificial intelligence (AI) to disrupt all industries in countless ways. The potential of the emerging technology certainly appears to be limitless.

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The Fintech Times

AUGUST 9, 2024

Holon , an Australian-based Web3 infrastructure company, is partnering with the Dubai AI & Web3 Festival 2024, in a move to drive AI and property infrastructure integration within the Web3 and data storage sectors forward.

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Fintech News

JUNE 3, 2024

In the financial services industry, artificial intelligence (AI) is emerging as a transformative force, promising to reshape the way institutions operate, innovate, and compete on a global scale. However, challenges including AI talent scarcity and limited collaboration between financial institutions and AI fintech startups.

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Finextra

MAY 20, 2024

Payarc, a leader in innovative payment processing solutions, announces it is working with Amazon Web Services (AWS) to enhance business intelligence for its clientele.

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Open Banking Excellence

JANUARY 18, 2024

As we enter an exciting new year, businesses worldwide are ratcheting up artificial intelligence (AI) investment. Our latest assesses the AI maturity of 50 of the world’s largest banks to determine how each is performing against four key capability areas – Talent, Innovation, Leadership, and Transparency.

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The Fintech Times

FEBRUARY 8, 2024

MedibleGo was created with the purpose of empowering micro, small and medium enterprises (MSMEs) through advanced AI technology. It has reached its next milestone in achieving this mission as it has been awarded a grant by Innovate UK , the UK’s innovation agency.

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Open Banking Excellence

AUGUST 23, 2023

How can businesses unlock the productivity gains of AI whilst mitigating the risk of ‘hallucinations’ and solving challenges around toxicity, privacy, bias, and data governance, asks Paul O’Sullivan, SVP Solution Engineering at Salesforce? When Was Generative AI First Created? So how should companies do this?

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Bank Automation

AUGUST 29, 2024

Canadian banks are continuing to invest in AI for improved client experiences and efficiencies. There is “continuous demand for digital innovation,” Karin Kirkwood, president of fintech Broadridge Canada told Bank Automation News.

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Fintech News

JUNE 17, 2024

The global wealth management industry is undergoing a profound transformation, including in Asia, driven by the convergence of technological advancements like artificial intelligence (AI), shifting investor preferences, and evolving economic conditions. Despite ongoing market unpredictability, global HNWI wealth expanded by 4.7%

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