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Brightwave raises $6m for AI-powered financial research assistant

Brightwave, the AI-powered financial research assistant that generates insightful, trustworthy financial analysis on any subject, today announced $6 million in seed funding.

/ai

Lucinity delivers generative AI copilot plugin

Lucinity has launched a groundbreaking generative AI copilot plugin at Money2020 Europe, offering immediate ROI for financial institutions.

/ai

ConnexPay introduce AI-boosted Intelligent Payouts

ConnexPay, the world’s first all-in-one payments platform, today announced the launch of its patent-pending Intelligent PayOuts technology.

/ai

Koodoo unveils GenAI digital agent to streamline home buying

Koodoo, a leader in mortgage technology innovation, is proud to announce the launch of its new Generative AI-powered Mortgage in Principle (MIP) digital agent designed to help first time buyers take their first steps towards owning a property.

/ai

Boost.ai scores credit union contract wins

Leading conversational AI provider boost.ai today announced Credit Union of Colorado and Desert Financial Credit Union (DFCU) as new customers alongside a new strategic partnership with Pindrop, industry leaders in voice security solutions.

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Commonwealth studies potential of AI in finance for Americans earning low to moderate incomes

Commonwealth released key insights gleaned from a three-year project supported by JPMorgan Chase designed to achieve the promise of artificial intelligence for all by focusing on ensuring that the needs of households earning low to moderate incomes (LMI) are understood and integrated into financial design and implementations.

/ai

Tifin adds Ken Denman to board

Tifin, an early mover and leading innovator in AI-powered fintech, is thrilled to announce the appointment of Ken Denman to its Board of Directors.

/ai

Rapid Finance introduces cloud-based rules engine for SMB lending

Rapid Finance, a leading small business banking platform specializing in providing customized financing solutions, announced today the availability of its cloud-based rules engine as part of its recently enhanced, award-winning AI fraud detection platform, Lynx.

/ai

AI helps Klarna cut marketing agency spend by 25% and run more campaigns

Klarna, the AI powered global payments network and shopping assistant, has cut its sales and marketing spend by 11% in Q1 2024 while increasing the number of campaigns and updating marketing collateral more frequently.

/ai

Aveni partners with intelliflo as a strategic AI partner

aveni.ai, an award-winning AI Fintech company, and intelliflo, a global leader in financial advice technology, have partnered to integrate generative AI, aiming to revolutionise the financial advice workflow and compliance with an end-to-end solution.

/ai

Fenergo embeds CLM kit with AI

Fenergo – the leading provider of digital solutions for know your customer (KYC), client lifecycle management (CLM) and transaction monitoring – has today launched AI Powered CLM, a new set of AI capabilities which further boost operational efficiencies, accelerate onboarding and improve end-user experiences while reducing costs associated with KYC and AML compliance.

/ai

Moneyhub and Teradata launch Financial AI

Moneyhub, the market-leading data and payments platform today announces its partnership with Teradata, the global analytics and trusted data platform, to launch financial AI with the aim of opening up more opportunities for consumer-facing organisations across the UK and EMEA.

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