ING, Unicredit invest in Italian AI start-up Axyon AI
ING Ventures and Unicredit have both invested €1.3m in Italian fintech start-up Axyon AI to leverage artificial intelligence (AI) for the syndicated loans market.
Artificial Intelligence
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05 Dec 2018
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23 Oct 2018
SIX, Cortica, Duotem to develop AI-based services for securities industry
Swiss financial service provider SIX has collaborated with Israel-based Cortica and Hong Kong’s Duotem Capital for the development of artificial intelligence (AI) based services for the securities industry.
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12 Oct 2018
Metro Bank introduces AI-based money management tool
Metro Bank has rolled out its in-app money management tool, dubbed Insights, which uses artificial intelligence (AI) to help personal mobile customers in handling their money more effectively.
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26 Sep 2018
Comviva enters into banking CVM with machine learning and AI platform
Mobility solutions provider Comviva has forayed into banking customer value management (CVM) through a partnership with Number Theory, an artificial intelligence and enterprise data management company.
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20 Sep 2018
NatWest deploys quantum computing power to solve complex calculations
NatWest, a UK-based retail and commercial bank, has started testing with quantum computing power to solve complex calculations.
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17 Sep 2018
KPMG acquires minority stake in fintech startup AdviceRobo
KPMG has acquired a minority stake in AdviceRobo, a Dutch fintech startup developing technology that predicts financial risk of people and companies taking out loans.
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10 Jan 2018
TD Bank Group acquires AI company Layer 6
TD Bank Group has acquired Layer 6, an artificial intelligence (AI) company based in Toronto, Ontario, Canada.
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14 Dec 2017
Conversational AI platform developer Kasisto raises $17m to drive expansion
Kasisto, creators of KAI conversational AI platform for finance, has raised $17m in a Series B funding round.
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21 Jul 2017
OCBC Bank to pilot artificial intelligence to counter money laundering
Singapore-based OCBC Bank has started a pilot project to test artificial intelligence-based (AI) tools to counter money laundering.
