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AI in Finance

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TBC Uzbekistan Deploys AI for Enhanced Efficiency, Faster Scalable Growth

TBC Uzbekistan, the leading digital banking ecosystem in Central Asia and part of London-listed TBC Bank Group, has announced the successful deployment of advanced AI technologies to drive efficiency, enhance customer service, and accelerate growth in Central Asia’s most populous country. TBC Uzbekistan is building an AI-powered digital bank of the future by focusing on…

Artificial Intelligence · 10 FÉVR. 2025 · 3 min de lecture

Finastra Enhances Trade Finance with AI Assistant on Microsoft Azure

Finastra today announced the launch of Assist.AI, an AI-powered assistant designed to enhance the trade finance operations within its Trade Innovation solution. The tool, built on architecture powered by Microsoft Azure OpenAI Service, bridges the knowledge gap in the trade finance industry, providing users with instant, accurate, and context-aware assistance. The trade finance industry faces significant…

Artificial Intelligence · 10 FÉVR. 2025 · 2 min de lecture

BMO Partners with IBM Quantum to Advance Financial Innovation

BMO today announced it has joined the IBM Quantum Network, extending its technology leadership in North America to further drive real financial progress for its customers, clients, and the communities it serves. BMO gains access to IBM’s advanced quantum infrastructure, enabling the bank to develop and deploy quantum-powered solutions across its operations. The investment in advanced capabilities…

Artificial Intelligence · 7 FÉVR. 2025 · 2 min de lecture

IBM study: Gen AI to boost banks’ financial performance by 2025

IBM today released its annual expectations for technology and transformation in the global financial services industry in the year ahead in the IBM Institute for Business Value 2025 Outlook for Banking and Financial Markets. 2025 Global Outlook for Banking and Financial Markets “We are seeing a significant shift in how generative AI is being deployed across…

Artificial Intelligence · 5 FÉVR. 2025 · 2 min de lecture

Moody’s launches Maxsight™, a platform for enterprise-wide global risk navigation

Moody’s has launched Maxsight™ unified risk platform, designed to help businesses decode risk and unlock opportunity across third-party relationships, supply chains, and compliance processes. Organizations face unprecedented risks, from financial crime to geopolitical volatility and extensive global counterparty networks. Moreover, diverse regulations and governance issues, like corporate social responsibility and human and environmental rights, add complexity when…

Artificial Intelligence · 5 FÉVR. 2025 · 3 min de lecture

Abu Dhabi to Host Ai Everything Global 2026: Accelerating the UAE’s Ambition as a Global Hub for AI Innovation and Investments

The UAE’s journey of spearheading AI progress worldwide has marked another milestone, with the announcement that Ai Everything Global Summit & Expo will be hosted in Abu Dhabi in 2026. This launch reinforces the UAE’s commitment to becoming a premier global hub for AI excellence. Abu Dhabi aims to become the world’s first fully AI-powered government within…

Artificial Intelligence · 4 FÉVR. 2025 · 5 min de lecture

Bud Financial’s Intelligent Search Will Power the Next Generation of AI-driven Customer Experiences

A combination of GenAI and transaction data enrichment is gateway for banks and financial services to provide customers an AI-powered experience The AI-powered financial platform for banking and financial services, today introduced Intelligent Search, a powerful, intuitive financial transaction search feature, built on a foundation of LLMs and AI-powered transaction enrichment. Intelligent Search allows retail banking…

Artificial Intelligence · 4 FÉVR. 2025 · 3 min de lecture

AI Drives Global Shift Toward $15.7T Future Economy

Following the announcement of monumental consortium-led AI projects, including the $500 billion Stargate – the largest AI infrastructure initiative in history, with the UAE participating in the AI consortium – and DeepSeek’s sudden rise to fame, AI has turned the tech world on its head. The groundbreaking announcements have shaken the very foundations of industries…

Artificial Intelligence · 31 JANV. 2025 · 5 min de lecture

Moody’s to Acquire CAPE Analytics, Enhancing Insurance Risk Models with AI-Powered Geospatial Insights

Moody’s Corporation announced today that it has entered into an agreement to acquire CAPE Analytics, a leading provider of geospatial AI intelligence for residential and commercial properties. The acquisition will bring together Moody’s industry-leading Intelligent Risk Platform and catastrophe risk modeling for the insurance sector with CAPE’s cutting-edge geospatial AI analytics, creating a sophisticated property database…

FinTech · 14 JANV. 2025 · 2 min de lecture

Fulton Bank Partners with NICE to Elevate Customer Engagement with AI-Powered Solutions

NICE (Nasdaq: NICE) announced that Fulton Bank, a leading financial services holding company, has taken a significant step in its digital transformation journey by adopting NICE’s Enlighten-powered agent assist and self-service solutions. Fulton Bank has selected a suite of advanced tools, including CXone Mpower Copilot, CXone Mpower Autopilot, and CXone Mpower Expert. These solutions aim…

Artificial Intelligence · 11 DÉC. 2024 · 2 min de lecture

Tenstorrent Secures Over $693M in Series D Funding Led by Samsung Securities and AFW Partners

Tenstorrent is announcing that it has closed over $693M in its Series D funding round at a pre-money valuation of $2B. Samsung Securities and AFW Partners led the round, which was oversubscribed due to strong demand from investors. Samsung and AFW both have deep relationships with Tenstorrent, and a strong history of investing in pioneering…

Artificial Intelligence · 4 DÉC. 2024 · 2 min de lecture