Tag: Artificial Intelligence

Osavul, a Ukrainian information security company, announced that it had successfully raised $1m in a funding round led by SMRK, a Ukrainian venture capital fund.

BioCatch, the pioneer in behavioral biometrics intelligence and a global leader in digital fraud detection, has recently announced that Permira Growth Opportunities has acquired a significant minority stake in the company.

AI technology has taken the world by storm. While the technology can do wonders to improve compliance processes, myths surrounding AI’s use have gained weight and forced many to reconsider using it.

Talk of artificial intelligence was once an exciting prospect. The idea of bringing a hallmark of sci-fi fantasies into the real world sparked a lot of enthusiasm. While systems might not quite be on the same level as HAL from 2001: A Space Odyssey, the technology has brought a lot of changes to how businesses operate.

A report by payments technology firm Tribe Payments has found 67% of FinTechs believe AI is the technology that will have the biggest impact on the sector in the next five years.

Data and analytics software company Quantexa has published a white paper on how to monetize data through decision intelligence (DI) aimed at insurance executives.

Belgian IT company IntellectEU has introduced VELMA, an AI platform that allows financial advisors to offer ‘hyper-personalisation’ in the wealth management sector.

Artificial intelligence is one of those buzzwords that keep popping up in investor and sales pitches. But where will AI have the biggest impact on the financial sector?

Machine learning and artificial intelligence is often hailed as the next big thing in RegTech, but what can you do to avoid them becoming empty buzz words.

Microsoft has joined the Veritas consortium launched by the Monetary Authority of Singapore (MAS) to improve the trust of the use of artificial intelligence in the financial industry.