Clinc tops $4.5m in annual revenue
Conversational AI platform in the pink and hires a chief growth officer.
Artificial Intelligence/AI
Glossary: what’s what in fintech
What’s what in fintech? Here is a glossary of the most commonly used terms.
LogMeIn goes for AI gold with Bold360 virtual assistant
A chatbot and virtual customer assistant to make service “more engaging and intuitive”.
Top fintech stories this week – 9 February 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Onfido to power KYC for Arro Money
Identity verification firm fuels know your customer checks.
Virtual agent Amelia answers Credit Suisse’s call for tech support
IPSoft’s virtual agent Amelia is not just smart, but also has human qualities such as emotional awareness.
Israel Discount Bank gets AI energetic with Personetics
Cognitive Banking Brain powers AI digital financial assistant Didi.
Wipro takes minority stake in Harte Hanks
Wipro is acquiring a $9.9 million minority stake in omnichannel marketing services firm Harte Hanks.
Tradeshift explores new Frontiers with innovation lab launch
To boldly go where many other fintech firms have been before.
Three steps to improving customer engagement with AI
What does 2018 have in store for AI, and how can companies get the most out of it?
IBM hits growth for first time in 23 quarters
Did it in style – exceeding analyst revenue expectations by almost $500 million.
Top six trends in payments
What trends will be impacting the payments industry this year?
Fintech funding round-up: 18 January 2018
Featuring BB&T Corporation, Solgari and Tinkoff Bank.
InsurTech Rising Live: Digital Week
Featuring industry leaders discussing the issues impacting insurtechs today.
Microsoft and Alibaba officially have AI that’s smarter than humans
They beat humans using the Stanford Question Answering Dataset – aka SQuAD.
Is the insurance industry ready for autonomous cars?
Driverless cars; opportunity for the insurance sector or a challenge that could lead to its downfall?
IBM proudly poses at patent peak
Its inventors received a record number of patents in 2017 – marking its 25th consecutive year of US leadership.
AI is on!
Implementation of first uses cases around real-time contextual added-value banking notifications and offers to make their appearance in 2018.
Don’t fear the rise of the robots
With wildly conflicting views from experts on the topic, and given that most of us had our first interaction with artificial intelligence whilst watching The Terminator, it isn’t hugely surprising that there is a fear of the rise of the robots.
“Don’t Fear the InsurTech Start-ups, Fear Other Incumbents”
In 2027, how will the insurance industry have changed?
MIT warns of ransomware in the cloud and weaponised AI
How secure will the cloud be in the coming 12 months?
Top ten fintech opinion pieces in 2017
They thought for you.
A look back at 2017 and ringing in a new year for the payments industry
2017 has been another eventful year for the payments industry. From celebrities like 50 Cent getting involved (more on this later) to businesses neglecting the needs of pretty much every generation bar millennials, there hasn’t been a dull moment.
Virtual branching: how disruptive innovations are changing financial services
The ability to blend artificial intelligence (AI) and human interaction should resonate strongly with financial service organisations due to their need to be highly targeted and responsive. When you provide the right service to a consumer at the right time, you can affect their behaviour and give them the push needed to complete the purchase.
Fintech trends 2017: blockchain, big data… what’s next?
2017 ends with the Bitcoin having surpassed the $19,000 mark. Could this perhaps be a taste of our future?
SBDA Group closes Series A investment round
Banking personalisation firm SBDA landed investment from FinSight Ventures and Digital Space Ventures.
Using artificial intelligence to keep criminal funds out of the financial system
Are you suspicious? This is a key question at the heart of efforts to tackle money laundering: if you work for a bank or other financial institution and have suspicions money laundering is happening, you have a legal duty to speak up.
AI will create 2.3m jobs by 2020 – report
With concerns that AI will make human employment obsolete, research firm Gartner is looking to counter that narrative.
Fortune 500 fuel IBM quantum computing quest
IBM has revealed the first clients to tap into its IBM Q early-access commercial quantum computing systems.
ING cuts bond trading time with AI-powered Katana
The name’s bond. Tamed bond.
Rise of the machines will be monitored
The Financial Stability Board has stated in its first report on AI that the risks they pose need monitoring.
Fintech funding round-up: 11 December 2017
This round-up features WorldRemit, PAIR Finance and an update on Sophia the AI robot and SingularityNET.
Jaywing the Archetype with new AI risk tech launch
Risk and data science firm Jaywing has unveiled Archetype, a new risk technology product that uses artificial intelligence (AI), machine learning and deep neural nets to help lenders generate statistical models.
IBM’s Power9-based AC922 system designed for AI workloads
IBM is ready to start shipping the first commercial server systems built around its recently released Power9 processor. Dubbed the AC922 Power Systems, these servers will ship by the end of December, and are specifically designed for artificial intelligence (AI) workloads.
Fintech funding round-up: 1 December 2017
Who doesn’t love a trilogy? Following on from the round-ups on Thursday (30 November) and Tuesday (28 November) here’s another slice of fintech funding action. Features Deposit Solutions, Hanson Robotics’ Sophia, and BNP Paribas Asset Management. Germany’s Deposit Solutions, an open banking platform for deposits, has closed an investment round of $20 million led by […]
The AI arms race might be a bit more dangerous than you think
In the tech world, an arms race usually a metaphor for two companies battling for supremacy, but McAfee thinks it might be a bit more literal for artificial intelligence (AI) as hackers upskill to make use of the breakthrough, reports Telecoms.com (Banking Technology‘s sister publication). As one of its predictions for 2018, security software vendor […]
Intuit selects AWS for machine learning and AI workloads
Business and financial software company Intuit has chosen Amazon Web Services (AWS) as its standard for machine learning (ML) and artificial intelligence (AI) workloads.
Multicloud can lead to management nightmare – survey
As enterprises move to a multicloud universe that combines different public and private clouds, the question now becomes how to manage all these competing platforms as the complexity builds? Enterprise Cloud News (Banking Technology’s sister publication) reports that’s the question at the heart of a study released this week by research firm opinion.life and sponsored […]
Fintech funding round-up: 17 November 2017
Following on from yesterday’s (16 November) fintech funding fun, here’s another summary. Features Flender, Tipigo Ventures, India Accelerator, Kuants, Sumeru and a handy $2 billion in Singapore. Return to Flender. Address known. As reported in May, peer-to-peer lending start-up Flender was seeking to get €1 million in funding and is targeting a UK launch after […]
EyeLock docks with ViaTouch for iris-powered payments
Iris-based biometric authentication specialist EyeLock has signed an agreement with ViaTouch Media that will integrate EyeLock’s technology within ViaTouch’s smart-shelf vending solution, Vicki. David Penn at Finovate (Banking Technology‘s sister company) reports that EyeLock CEO Jim Demitrieus says the agreement was the culmination of years of working with firms from a variety of industries to bring embedded […]
