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Latest Results from /ai

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Financial Cloud Summit 2023: Exponential change is coming

Kicking off Finextra’s inaugural Financial Cloud Summit, former Dragon’s Den dragon Piers Linney, entrepreneur and investor, founder and CEO of Moblox, set the scene for the day, focusing on cloud strategy, migration and optimisation.

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Citi invests in financial crime risk management vendor Quantifind

Quantifind, a provider of AI-powered financial crimes risk management technology, has raised $23 million in a funding round joined by Citi Ventures.

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Belfast awarded £18.9 million grant for cyber AI hub

Minister of State for Northern Ireland, Steve Baker, has announced that the UK Government will invest £18.8 million in Northern Ireland’s security industry, to develop a pipeline of cyber security talent and assist startups in the region.

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JPMorgan restricts staff use of ChatGPT

JPMorgan Chase is restricting employee use of the ChatGPT AI-powered chatbot.

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Stripe forms issuer partnerships to help fight fraud

Stripe has launched an "enhanced issuer network": a set of partnerships with US card issuers designed to help businesses rescue fraud and boost authorisation rates.

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Mizuho International picks SymphonyAI to tackle money laundering

Mizuho International, the London-based securities and investment banking arm of Japanese giant Mizuho Financial Group, is rolling out technology from SymphonyAI to help it detect financial crime.

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Mastercard and Network International unveil AI fraud prevention tech

Mastercard and digital commerce company, Network International, have collaborated to release an Artificial Intelligence (AI) solution fighting transaction fraud across the Middle East and Africa.

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LexisNexis Risk Solutions and Finextra Research partner for Trust:Live 2023

LexisNexis® Risk Solutions and Finextra Research will be hosting Trust:Live 2023, an exclusive in-person event for all fraud and identity decision makers that brings together industry leaders, experts and innovators to discuss the latest challenges in establishing trust to protect customers, defend brands, or meet the needs of evolving business models

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Twinco Capital raises $12m for supply chain finance platform

Twinco Capital, a global supply chain finance outfit that covers the production cycle from purchase order to final invoice payment, has raised $12 million in an equity and debt round.

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Westpac brings AI to biz lending decisions

Australian lender Westpac has enlisted local AI firm Rich Data Co (RDC) to make its business lending decisions faster and simpler.

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PopID and Toshiba team on face payments

Toshiba Global Commerce Solutions is integrating facial verification technology from PopID into its POS and self-service products.

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Twenty7tec buys Meet Parker

British mortgage technology firm Twenty7Tec has acquired AI-based digital engagement specialist Meet Parker for an undisclosed sum.