Category : Artificial Intelligence

Artificial Intelligence Finance Fintech News

VAT4U launches the first AI-Powered VAT engine for Accounts Payable and Travel Expenses

PR Newswire
by PR Newswire0
VAT4U is setting new standards in VAT management for Accounts Payable and Travel Expenses. Powered by Generative AI, the VAT4U SmartAI engine simplifies complex VAT processes, offering businesses unparalleled efficiency, speed, and accuracy. Revolutionary AI Features setting new standards in VAT Management VAT4U, a leader in AI-driven VAT management solutions,......
Artificial Intelligence Finance Fintech News

Prove AI Launches on the Hedera Network, Bringing New Standard in AI Governance

GlobeNewswire
by GlobeNewswire0
Company formerly known as Casper Labs brings its signature AI governance solution to Hedera under “Prove AI AG” Prove AI AG, creators of the Prove AI AI governance solution, today announced a strategic shift to build its flagship product exclusively on Hedera. Recognizing Hedera as the ideal distributed ledger technology (DLT) platform for......
Artificial Intelligence Finance Fintech News

Agentech Secures $3 Million to Revolutionize Insurance Claims with AI-Driven Workforce

Business Wire
by Business Wire0
Former WeGoLook and TokenEx founders launch Agentic AI platform to support insurance adjudication process Agentech, the global AI support workforce for insurance claims, is excited to announce the successful completion of its $3 million seed round in just 30 days. This significant milestone is being announced at Naphia Engage 2024......
Artificial Intelligence Finance Fintech News

RavenPack Unveils Bigdata.com: AI Platform Boosts Financial Research Efficiency Tenfold

PR Newswire
by PR Newswire0
Backed by 20+ years of financial expertise from RavenPack, Bigdata.com democratizes access to real-time, trusted financial data. RavenPack, a global leader in financial data analytics, today announces the launch of Bigdata.com, an advanced AI platform set to transform financial research and decision-making. Offering a tenfold increase in research efficiency, Bigdata.com provides......
Artificial Intelligence Fintech News

Thomson Reuters Acquires Materia – A Specialist in Agentic AI for the Tax, Audit and Accounting Profession

PR Newswire
by PR Newswire0
Thomson Reuters Corporation, a global content and technology company, announced it has acquired Materia, a US-based startup that specializes in the development of an agentic AI assistant for the tax, audit and accounting profession. This transaction, which is complementary to Thomson Reuters AI roadmap, accelerates Thomson Reuters vision for the......
Artificial Intelligence Finance Fintech News Robotic Process Automation

Affinity Elevates Private Capital Productivity with AI and Automation

Business Wire
by Business Wire0
New features enable the automation of CRM tasks and the insights that drive investment decisions Affinity, the leading CRM for private capital, today announced the addition of conversational AI to the CRM platform used by more than half of top private capital firms around the world. Building on a suite......
Artificial Intelligence Blockchain News

Chainlink and 8 Major Market Participants Launch AI-Powered Corporate Actions Initiative To Address Unstructured Data Challenge for the Financial Industry

PR Newswire
by PR Newswire0
The industry initiative brings together leading financial and market infrastructures, Euroclear and Swift, along with some of the world’s largest financial institutions, including UBS, Franklin Templeton, Wellington Management, CACEIS, Vontobel, and Sygnum Bank. Chainlink announced the results of an industry initiative that harnesses the combined advancements in AI, oracles, and blockchain technology......
Artificial Intelligence Banking Digital Payments Featured Finance Fintech Risk Management Security

Combating Payment Fraud with AI-Powered Risk Scoring

Fintech Staff Writer
by Fintech Staff Writer0
Digital banking has revolutionized how people manage finances, but it has also increased exposure to payment fraud. As fraudsters become more sophisticated, traditional rule-based methods struggle to keep pace. AI-powered risk scoring provides a more robust solution by analyzing vast amounts of transaction data and identifying subtle patterns that indicate......
Artificial Intelligence Finance Fintech News

AXA XL unveils new cyber insurance extending coverage to help businesses manage emerging Gen AI risks

PR Newswire
by PR Newswire0
To help businesses manage risks arising from developing their own Generative AI (Gen AI) models, AXA XL unveiled new coverage, available by endorsement, to its cyber insurance coverage globally, extending coverage to address specific Gen AI risks. According to Michael Colao, AXA XL’s Global Chief Underwriting Officer, Cyber, “Looking to improve efficiency, improve......
Artificial Intelligence Fintech News

Riverbed Survey: While Financial Services Are Ahead of the AI Curve, Data Concerns and Gaps Are Impacting AI’s Full Potential

Business Wire
by Business Wire0
The Riverbed Global AI & Digital Experience Survey provides unique insight into the Financial Services sector – including its approach, attitude and adoption strategies for successfully implementing AI now and into the future Riverbed, the leader in AI Observability, announced the Financial Services results of the Riverbed Global AI &......
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