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The agreement is a multi-year partnership to provide access to current and future Mistral AI commercial models across all the bank’s business lines. It follows a relationship dating back to September 2023 when the Global Markets division of BNP Paribas began experimenting with Mistral AI’s models. This first engagement produced strong results and, as a consequence,…
Synechron, a leading global digital transformation consulting firm focused on financial services and technology organizations, announces the launch of its Synechron Nexus Plus Accelerators Program . This features five AI-led solutions engineered to tackle some of the most pressing business and operational challenges faced by corporates today, ensuring significant advancements in capital raising, corporate development, and public…
Sift, the AI-powered fraud platform securing digital trust for leading global businesses, today released its Q2 2024 Digital Trust Index, which found that 76% of fraud and risk professionals believe their business has been targeted by AI fraud, with over half reporting this type of fraud happening daily or weekly. The emergence and increased adoption…
As the financial services industry embraces digital transformation and consumer demands evolve, fraudsters are increasingly deploying sophisticated methods. In response, Provenir, a global leader in AI-powered risk decisioning software, has launched a cutting-edge fraud prevention platform. This platform leverages advanced decisioning tools and analytics to enhance fraud detection capabilities while minimizing customer friction. According to…
Lucinity has launched a groundbreaking generative AI copilot plugin at Money2020 Europe, offering immediate ROI for financial institutions. This system-agnostic plugin acts as a central copilot compatible with all web-based enterprise applications, pulling data from Customer Relationship Management (CRM) systems, case management systems, third-party vendors, and Excel documents. The new plugin enhances Lucinity’s AI copilot, ‘Luci,’ launched last year…
Bud Financial (Bud), the AI-powered data intelligence platform for financial services, announced today it will be hosting the upcoming Vertical AI Summit in New York City on June 13, 2024 at NeueHouse Madison Square. This premiere half-day event will bring together industry leaders, experts, and innovators to explore the latest advancements in vertical AI technologies transforming automation across the…
Bud Financial Limited (Bud), the AI-powered data intelligence platform for financial services, has announced a significant enhancement to its platform with the integration of Kapa AI into API documentations, furthering its leadership within GenAI for banking. This integration marks a pivotal step forward in developer experience, streamlining internal processes and reducing the need for extensive support. Combining Bud’s current…
Salesforce, the US software giant, has chosen London for its inaugural AI center, selecting the capital over other European cities to showcase its latest tech innovations. This move is part of Salesforce’s $4 billion investment plans for the UK, with the new center in Southwark set to foster collaboration among industry experts, partners, and customers,…
bunq, Europe’s second-largest neobank, has teamed up with Mastercard to offer its 12.5 million users a complete financial overview. By using Mastercard’s Open Banking platform, users can integrate accounts from any bank into the bunq app. This partnership makes bunq the first bank in Europe to utilize AI in open banking. With AI assistant Finn,…
Mangopay, a modular and flexible payment infrastructure provider for platforms, today announces the launch of its new Fraud Prevention solution. Mangopay’s Fraud Prevention solution provides a fully integrated and payment processor-agnostic AI-driven cybersecurity solution to guard against an evolving range of threats, including account takeover by both bots and humans, reseller fraud, payment fraud, chargebacks, and…
Swift, in collaboration with its global community, is launching two pilots to test the practical application of AI in enhancing fraud detection in payments. The initiative aims to leverage AI to combat financial crime and improve the cross-border payments ecosystem. As financial service providers face increasing fragmentation, new regulatory requirements, and evolving external threats, AI…
Today, Glia, a leader in customer interaction technology, announced the launch of Glia Cortex, the first responsible AI platform tailored specifically for the financial services sector. Glia Cortex offers financial institutions a safe and secure AI solution that delivers tangible ROI for customer service and contact centers by enhancing efficiency, reducing wait times, and improving…
