Artificial intelligence

114 articles tagged with this keyword

/ai

CIBC to hire 200 data and AI specialists

Canadian bank CIBC is set to hire more than 200 data and artificial intelligence roles over the next 12 month

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S&P Global to give 35,000 employees GenAI training

Ratings and analytics provider S&P Global has struck a deal with Accenture to train its entire 35,000-strong workforce in generative AI.

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Lloyds hires AWS exec to head up new AI and analytics unit

Lloyds Banking Group has hired an executive from Amazon Web Services as its first director of artificial intelligence andd analytics.

/people

Finextra is getting a new look!

We’re excited to go live with Finextra’s new website next week.

/inclusion

Mexican fintech Aviva raises $5.5m

Aviva, a Mexican "phygital" financial platform for the underbanked and micro businesses, has raised $5.5 million in seed funding.

/startups

Bourgeois Boheme raises €6.5m for financial platform for the rich

Bourgeois Boheme (BoBo), a European fintech targeting high-net-worth individuals with the promise of instant transactions of up to €1 million, has closed a €6.5 million seed round led by Graphit Lifestyle.

/people

Tech leadership change at Wells Fargo sees Kerrins take up new Gen AI role

Wells Fargo has appointed a new head of technology and shunted current CIO Tracaey Kerrins to head up a newly-created Generative AI team.

/ai

ThetaRay boosts AI financial crime detection with Screena acquisition

AI-powered financial crime detection specialist ThetaRay has acquired screening company Screena. Financial terms were not disclosed.

/ai

JPMorgan rolls out Generative AI 'research analyst' to staff

JPMorgan Chase has rolled out an inhouse developed Generative AI chatbot to staff, likening it to a having a research analyst at your desk.

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Lloyds and Nationwide invest in Scottish AI fintech Aveni

Lloyds Banking Group and Nationwide have joined an £11 million Series A funding round in Scottish AI fintech Aveni.

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EToro launches AI-generated ad campaign

Trading and investing platform eToro is launching an AI-generated advertising campaign for the Paris Olympics.

/regulation

FTC investigates 'surveillance pricing' based on customer data

The Federal Trade Commission is investigating how companies including Mastercard and JPMorgan Chase use AI and personal data for services that let firms set different prices for different people.

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MAS to fund quantum and AI projects for financial sector

The Monetary Authority of Singapore is to commit $100 million in grant funding to support the development of AI and quantum computing technologies in the financial sector.

/payments

JP Morgan invests in B2B payments platform Slope

JP Morgan is making an equity investment in, and providing a debt facility to, AI-led business-to-business payments platform Slope.

/ai

Anne Boden quits Starling for new AI venture

Starling Bank founder Anne Boden has quit the board of the challenger bank to pursue a new AI venture.

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AWS announces generative AI service to create apps

Named AWS App Studio, financial institutions, fintech firms and virtually any organisation are now able to build an application that could have taken a professional developer days to create from scratch, but in minutes.

/ai

BNP Paribas forms partnership with Mistral AI

BNP Paribas has inked a multi-year agreement with Mistral AI, covering all of the French artificial intelligence giant's commercial models.

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Banco Santander and Google offer free AI training for everyone

Banco Santander and Google have reached an agreement to offer a free AI course for anyone over the age of 18 the world over.

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Mizuho and IBM test Gen AI for IT incident response management

Mizuho Financial Group is testing a generative AI application from IBM to help speed up recovery time from IT outages.

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Point72 Ventures ditches fintech team – Forbes

Point72 Ventures has fired five of their investors, three from fintech and two from their digital assets team, according to two sources with knowledge of the situation.