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Tag: AI


Invest tech, Markets

3 AI stocks billionaires are loading up on

August 7, 2023

Via: Fintech News

Many investors, including a significant number of very wealthy individuals and institutions, are becoming enthralled with AI stocks. According to Goldman Sachs (NYSE:GS), up to $200 billion could be poured into the technology by 2025. If Goldman’s estimate is anywhere […]


Mobile payments, Paytech

Payoneer acquires AI-powered data platform Spott to streamline decision-making

August 4, 2023

Via: FinTech Futures

Founded in 2020 and based in Tel Aviv, Spott leverages artificial intelligence (AI) and machine learning (ML) to sift through large datasets and provide quantifiable results to help businesses make more informed and faster decisions. Payoneer says the start-up’s capabilities […]


Editorial

How Tech Innovations Are Reshaping The Financial Landscape

July 31, 2023

Via: Caitlin Simmons

The world of finance is undergoing a remarkable transformation, fueled by technological progress and innovation in the fintech sector. Consequently, financial institutions must adapt to remain competitive and meet the evolving demands of customers. McKinsey’s analysis has identified seven key […]


Paytech, Retail

AI and Big Data analytics in retail industry

June 26, 2023

Via: Fintech News

Leveraging the latest technology has become more critical than ever in today’s fast-paced and competitive retail environment. Big Data Analytics and AI are at the forefront of this technological revolution, offering unprecedented opportunities for retailer agencies and agents to optimize […]


Banking Tech, Mobile Banking

Money20/20 Europe: Banking on AI

June 8, 2023

Via: FinTech Futures

It covered a broad range of topics with a focus on open banking, ESG (climate and diversity in particular) and of course AI. It’s hard to find a technology journal, blog or presentation that doesn’t include AI at the moment. […]


Invest tech, Trading

Understanding how AI is transforming financial trading

April 26, 2023

Via: Fintech News

Artificial intelligence (AI) is increasingly playing significant roles in several industries. Despite being in its infancy, AI has already revolutionized many sectors, including healthcare, manufacturing, and financial trading is not exempted. Financial traders use AI-powered algorithms to analyze market data, […]


Banking Tech, Mobile Banking

How are Swift and Morgan Stanley Using OpenAI’s GPT-4 to Change the Future of Finance?

March 17, 2023

Via: The Fintech Times

Tuesday 14 March saw OpenAI begin the release of the newest iteration of its artificial intelligence (AI) model – GPT-4. The new model is “multinodal”, accepting images as prompts to generate content alongside text input which its predecessor, GPT-3, was […]


Invest tech, RegTech

AI regtech WorkFusion names Arthur Mueller VP of financial crime

February 17, 2023

Via: FinTech Futures

Mueller, who has spent more than 20 years combating financial crime at financial institutions including UBS, American Express and Commerzbank, joins from Rabobank North America where he served as AML and sanctions officer for more than six years. Founded in […]


InsurTech, Invest tech

AI and ML Use in Insurtech With Tarci, Devron, LexisNexis Risk Solutions, Foresight, and Acrisure

February 14, 2023

Via: The Fintech Times

Two of the biggest game changers in the insurtech industry have been the introduction of artificial intelligence (AI) and machine learning (ML). Together, these two technologies have uprooted the traditions of the insurance sector and reworked it completely. Understanding how […]


Banking Tech, LendTech

Baiduri Bank taps Finbots.ai to modernise credit risk management

February 13, 2023

Via: FinTech Futures

Finbots.ai says its AI credit modelling solution creditX will enable Baiduri Bank to “develop and deploy high quality credit scorecards at a fraction of the time and cost”. “This will result in reduced credit risk, improved efficiency and greater agility […]


Editorial

Can Europe Stay in the Global AI and Blockchain Race?

September 15, 2022

Via: Natalie Dunn

Artificial intelligence (AI) and blockchain are two of the technologies with a significant impact on digital transformation, and will play a central role in Europe’s technological sovereignty. All major economies are seeking leadership in the development and deployment of AI […]


Invest tech, WealthTech

The Use and Benefits of AI in Wealth Management With Toggle, TIFIN Wealth, Unifimoney and More

September 13, 2022

Via: The Fintech Times

Having spent the entirety of last week delving into all aspects of fintech partnerships, and how they tie into our month-long coverage of fintech ecosystems, this week we’ll be shifting our attention to the understated sector of wealth management. In […]