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AI in Finance

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Página 11 de 14

MCB Bank partners with BPC to strengthen digital security with AI-powered SmartVista Fraud Risk Management solution

MCB Bank Limited (MCB), one of Pakistan’s leading banks, has selected BPC, a global leader in payment solutions, to strengthen the security of its digital channels by implementing the BPC SmartVista Fraud Risk Management Solution. The agreement was signed by Mr. Waqas Mahmood, Chief Compliance Officer MCB, and Mr. Furrukh Ali Baig, Managing Director Pakistan at BPC…

FinTech · 3 DIC 2024 · 3 min de lectura

Babel Street and IMTF Partner for Advanced Multilingual Name Screening Solution

Babel Street, a leader in advanced AI, data, and analytics for global information intelligence, and IMTF, a leading global provider of anti-financial crime compliance solutions, have announced a strategic partnership to introduce enhanced multi-lingual name screening capabilities within IMTF’s Siron®One platform. This collaboration addresses the growing demand for accurate, efficient name matching across diverse languages and scripts,…

Artificial Intelligence · 2 DIC 2024 · 2 min de lectura

SmartStream research highlights: 71% of firms invest in reference data andmany increase alpha generation

SmartStream, the financial Transaction Lifecycle Management (TLM®) solutions provider, today unveiled the findings of a new survey conducted in collaboration with Acuiti Management Intelligence. The report titled ‘The Future of Reference Data: From Compliance to Alpha’, highlights the growing importance of reference data investments for financial firms and the strides being made in data standardisation…

Artificial Intelligence · 27 NOV 2024 · 3 min de lectura

Profile Software Launches AI-Driven Document Intelligence Solution

Profile, a leading global financial solutions provider, leverages the advanced capabilities of AI.Adaptive, and following the successful “text/voice to SQL” and “text/voice to API” solutions, today announces the launch of its pioneering Document Intelligence solution, set to transform document processing for organisations worldwide. The solution integrates seamlessly with existing systems or operates autonomously, while its scalability…

Artificial Intelligence · 25 NOV 2024 · 3 min de lectura

Tioex Boosts AI Investment Portfolio with Strategic Stakes in OpenAI and Databricks Following Rapid US Expansion

Tioex, a fast-growing member-based investment platform, today announced a substantial leap in its AI investment strategy, securing significant positions in leading U.S. tech innovators OpenAI and Databricks. The firm has acquired existing shares valued at over $2 million, with approximately $1.5 million directed toward OpenAI—pioneers of the revolutionary language model ChatGPT—and $500,000 toward Databricks, a…

Artificial Intelligence · 20 NOV 2024 · 2 min de lectura

Temenos Launches On-Premises Generative AI with NVIDIA for Real-Time Banking

Temenos (SIX: TEMN) has unveiled high-performance, on-premises generative AI solutions powered by the NVIDIA AI platform. This innovative offering enables banks to transform data into real-time insights while maintaining complete control over their information. By leveraging NVIDIA’s accelerated computing, including GPUs and AI Enterprise software, Temenos’ generative AI empowers banks to process unstructured data securely…

Artificial Intelligence · 19 NOV 2024 · 1 min de lectura

GFT leverages NVIDIA AI Enterprise and NVIDIA Omniverse platforms to provide AI solutions for the financial services and manufacturing sectors.

GFT Technologies is collaborating with NVIDIA to bring advanced AI solutions to the financial services and manufacturing sectors. The collaboration will combine GFT’s deep expertise in digitalising global banks, financial institutions and manufacturers with NVIDIA’s AI software tools and accelerated computing platform for generative AI to drive a new level of innovation and efficiency in both industries. GFT…

Artificial Intelligence · 12 NOV 2024 · 3 min de lectura

Taoshi Launches New Subsidiary, Glitch

Taoshi, a leader in decentralized finance, today announced the launch of Glitch, a first-of-its-kind SaaS platform poised to revolutionize financial trading with advanced AI-based strategies that provide everyday individuals with automated wealth generation opportunities. Designed for ease of use, Glitch allows users to integrate trading strategies into their exchange and brokerage accounts with just a…

Artificial Intelligence · 28 OCT 2024 · 2 min de lectura

FICO Partners with TCS to Deliver Businesses Major Efficiency Gains through Analytics and Decisioning

Global analytics software leader FICO has announced a strategic partnership with Tata Consultancy Services (TCS), a global IT services, consulting and business solutions organization, to bring advanced optimization and decision management solutions to businesses in a range of industries worldwide. TCS will use FICO®Platform, a low-code/no-code solution for analytics-powered decision automation and mathematical optimization, to create…

Artificial Intelligence · 23 OCT 2024 · 3 min de lectura

Zafin Expands Partnership with Microsoft to Accelerate Bank Modernization Using Azure AI

Zafin, a global provider of SaaS core modernization and transformation solutions for banks, announced today the extension of its worldwide strategic collaboration with Microsoft. This extension advances Zafin’s technological capabilities, continuing to position the company as a major player in core banking modernization and innovation, running on Microsoft Azure. The agreement capitalizes on Azure economies…

Artificial Intelligence · 16 OCT 2024 · 2 min de lectura

AI-powered climate risk assessment tools are facilitating more informed investment decisions, says DAI Magister

As climate change continues to reshape the global risk landscape, AI-powered tools are playing a vital role in developing and optimising climate adaptation strategies. This is reflected in the rapid growth of the climate risk management market − projected to reach $31.2 billion by 2030 – set to be fuelled by increased adoption of AI and machine…

Artificial Intelligence · 9 OCT 2024 · 3 min de lectura

Visa to Acquire AI-Powered Fraud Detection Leader Featurespace

Visa has entered into a definitive agreement to acquire Featurespace, a UK-based provider of AI-powered financial fraud detection technology, for an undisclosed sum. Founded in 2008 and headquartered in Cambridge, Featurespace serves numerous prominent financial institutions, including HSBC and NatWest, with its machine learning-based fraud prevention tools. The company has raised approximately $100 million from…

Venture & Investment · 26 SEPT 2024 · 1 min de lectura