Tag: AI in Finance
WealthTech’s new horizon: Catering to the Millennial and Gen Z investment...
The financial domain is on the brink of a transformative era, driven by the digital-first mindset of Millennials and Gen Z. These generations are not just reshaping the investment landscape with their tech-savviness and social awareness, but they're also the catalysts for the dynamic evolution of WealthTech. This sector is now keenly focused on tailoring its offerings to meet the unique preferences of these emergent financial powerhouses.
Duco enhances data automation capabilities with strategic acquisition of Metamaze
Duco, the leading SaaS provider of AI-powered data automation, has recently completed the strategic acquisition of Metamaze, a fast-emerging name in the unstructured data ingestion and Intelligent Document Processing (IDP) space.
Finastra and Databricks forge alliance to revolutionize FinTech with advanced AI...
Finastra, a global leader in financial software applications and marketplaces, and Databricks, a renowned data and AI company, have announced a strategic collaboration.
Liberis raises $112m in strategic funding to scale up in Europe...
Liberis, a trailblazer in embedded business finance, has recently made headlines by securing a substantial $112 million in debt financing. This significant financial boost comes courtesy of HSBC Innovation Banking and BCI Capital, marking a major step forward in the company's expansion strategy.
Navigating the future of trade surveillance: AI’s transformative role – Insights...
In the intricate world of finance, trade surveillance stands as a vital pillar, ensuring markets operate with integrity. In a new podcast, Martina Rejsjo, Head of Product Strategy at Eventus, explores the multifaceted challenges in this domain.
Credit Genie bags $10m funding to redefine behavioural finance with AI
Creditly Corp., trading as Credit Genie, a prominent digital personal finance platform catering to over one million Americans, has announced its most recent triumph.
The role of AI in reshaping the future of anti-financial crime
AI and AFC: Embracing the new era in financial crime prevention Whether you're just stepping into the world of AI or you're familiar with its intricacies, Resistant AI & Fintrail invite you to dive deep into understanding how AI is poised to redefine the future of financial crime prevention.
TotallyMoney and Bud Financial in FinTech synergy to safeguard UK consumers’...
TotallyMoney, a FinTech player known for its personalised finance app, and Bud Financial, a data intelligence platform, have joined forces in the pursuit of aiding UK consumers to shield their credit scores and overall finances.
Singapore’s MAS launches Veritas Toolkit 2.0 for responsible AI in FinTech
Singapore's MAS presented a cutting-edge, open-source tool for encouraging the ethical utilisation of AI within the financial sector.
Harnessing AI in WealthTech: complexity versus function
In a recent post by Velexa, the company highlighted the differences between complexity and function relating to AI in WealthTech.