AI-powered insurtech Concirrus closes £5m funding
London-based company brings total raised to £12 million.
Machine Learning
Crowdfunding platform Indiegogo turns to Onfido for ID verification tech
Onfido will help crowdfunding platform Indiegogo fight fraud.
The future of client onboarding
Every interaction that your customer has with you is an opportunity for you to make an impression.
Webinar: Overpromised & Underdelivered – Common Misconceptions About AI for Banking
Tuesday, 9 October. Register now!
No mystery as BB&T invests $5m in data firm Enigma
This is BB&T’s first outlay of its $50m fintech commitment.
UiPath raises $225m for AI and RPA solutions
Series C led by CapitalG and Sequoia Capital.
UK’s Nationwide targets £4.1bn tech investment
Adds another £1.3 billion to its five-year plan.
Onfido helps customer onboarding for paytech Volopa
Will use Onfido’s machine learning-based tech for its multi-currency prepaid card business.
Sberbank and 500 Startups unleash Russian fintech accelerator
Each start-up will receive seed investment of up to $145,000.
US credit card firm Deserve raises $17m funding
Going for Generation Z with its “financial independence” offer.
Indonesian lendtech KoinWorks collects $16.5m funding
Series A funding round led by Mandiri Capital.
ML instinct fuels Aberdeen Standard Investments’ new fund
It will use machine learning to identify sources of potential returns.
Barclays seeks to boost e-trading innovation
Newly-created role will also look at AI and ML for improvements.
The vital role of actionable content
Retail investors are more informed and independent than ever before.
UK paytech Previse gets $7m funding prize
Round is led by Augmentum and Bessemer Venture Partners.
Cardlytics hooks Wells Fargo as partner
Bank will launch Cardlytics Direct nationally and across all digital channels.
TransferGo goes to Onfido for onboarding flow
Obligatory selfie shot included.
Feedzai brings machine learning to fraud fight
Turning the tedious and time consuming to dust?
UOB unleashes digital bank for ASEAN mobile advance
United Overseas Bank loves the overseas.
Feedzai to help Credorax fight merchant fraud
Feedzai uses big data technology to stop payment fraud in real-time.
Figure Eight dates Google Cloud for machine learning
Figure Eight will serve as the data launch partner for Google Cloud AutoML.
India’s Zoomcar takes digital ID ride with Onfido
This marks Onfido’s sixth ridesharing partnership.
The rise of wealthtech
Artificial intelligence (AI) and machine learning (ML) are revolutionising wealthtech.
UOB invests in cognitive banking firm Personetics
UOB will also use Personetics’ tech to extend its own machine learning capabilities.
Interview: Ching Ching Tan, Ngee Ann Polytechnic
Ngee Ann Polytechnic and CFTE have launched a new “AI in Finance” course.
Socure unveils digital identity bot Aida
Named after the world’s first computer scientist, Ada Lovelace.
Banca IFIS launches digital insurance platform Rendimax
Focused on customer service, without any intermediaries.
Tradeteq takes in $6.3m funding
Trade finance distribution platform plans new apps and data services.
Singapore goes AI: training, incentives and regulation
Banks in Singapore take the lead on artificial intelligence (AI) training.
Citi meets its payments Smart Match with HighRadius
Will match open invoices to payments received for Citi corporate clients.
Paytech firm ai Corporation secures $2.5m funding
Firm looks to expand its services in payments globally.
Case study: DBS – the edge
DBS is shaping up to be a fintech innovator. What projects is it working on?
Podcast: AI for impact – delivering value in the near term
How to get the most out of your AI strategy now, not just in ten years time.
Fortytwo Data upgrades entity screening platform
Sanction Screening Augmentation platform gets augmented.
Macro analytics firm Quant Insight feeling bright with funding
It has also expanded further into the US and Asia.
Cyber solution provider ThetaRay gets $30m funding
Investment takes company’s total equity capital to more than $60 million.
Latin lovers fonYou and Claro reveal AI-driven microfinance
Two telcos in lovely Latin American liaison.
AI is a buzzy word, but how can banks put it to work?
What is AI and how can financial services companies leverage it to their advantage?
Luxoft smashes it with Smashing Ideas acquisition
Smashing, lovely, super. Purchase bolsters digital research, strategy and design.
ThetaRay is AML way for ABN Amro
Five-year project to improve bank’s AML and CTF capabilities.
