Category : Artificial Intelligence

Artificial Intelligence Banking Blockchain Guest Posts

How the Trends of Today Affect Financial Institutions Tomorrow

Johanna Pugh
by Johanna Pugh0
The market has changed drastically this year, with many viewing 2020 as an outlier of events. However, it is actually the perfect model for financial institutions (FIs) to keep in mind going into 2021. The COVID crisis is representative of how market changes and customer demands can rapidly occur so......
Artificial Intelligence Fintech News Risk Management

AEGIS Selects expert.ai to Enhance Their Data Strategy with AI-based Natural Language Understanding

Fintech News Desk
by Fintech News Desk0
The leading mutual insurance company for the energy industry has chosen the expert.ai platform to augment risk engineering capabilities AEGIS has chosen the expert.ai natural language platform to implement a risk engineering solution that will extract and analyze critical information from risk engineering reports during the property underwriting process. By......
Artificial Intelligence Blockchain Business Fintech News

Innovative Payment Solutions, Inc. Launches Joint Venture with BLGI, Inc. to Expand its Blockchain Technology Application

Fintech News Desk
by Fintech News Desk0
Innovative Payment Solutions, Inc (the “Company” or “Innovative”), (OTCQB: IPSI), a U.S.-based fintech company building 21st century digital payment solutions, announced today the launch of a joint venture with blockchain and artificial intelligence company BLGI, Inc. (OTCQB: “BLGI”) to help expand the Company into global digital payment infrastructures. Read More: Lukka Closes......
Artificial Intelligence Business Fintech Investment Services News

Vise, The AI-powered Investment Management Platform, Secures $45 Million Series B Funding Led By Sequoia

Fintech News Desk
by Fintech News Desk0
Vise, the all-in-one AI-powered investment management platform for independent advisory practices to build and manage portfolios, today announced the close of its $45 million Series B funding round, bringing the total capital raised since Vise’s founding to over $60 million. Sequoia Capital led the Series B with participation from Allen & Company, Founders......
Artificial Intelligence Business Fintech Investment Services News

Concinnus Financial Partners with Noonum to Provide Custom-Build Investment Portfolios Using AI

Fintech News Desk
by Fintech News Desk0
Concinnus Financial, a fee-only investment advisor based in the Northwest, is addressing the rapidly changing investment world by leveraging artificial intelligence technology to provide custom portfolios to their clients.  The AI technology is provided by the Seattle-based startup Noonum. Read More: Opportunity Fund Partners with Lendio and Funding Circle, Increasing Small Businesses’ Access......
Artificial Intelligence Fintech News

Global New Account Fraud Decreased 23% in 2020, According to Jumio’s Holiday Fraud Report

Fintech News Desk
by Fintech News Desk0
New data from Jumio, the leading provider of AI-powered end-to-end identity verification and eKYC solutions, reveals that new account fraud based on ID verification declined 23.2% worldwide YOY in 2020, compared to 2019 results. At the same time, selfie-based fraud rates were five times higher than ID-based fraud. This illustrates the......
Artificial Intelligence Fintech Investment Services News

Vise, The AI-powered Investment Management Platform, Secures $45 Million Series B Funding Led By Sequoia

Fintech News Desk
by Fintech News Desk0
Vise, the all-in-one AI-powered investment management platform for independent advisory practices to build and manage portfolios, announced the close of its $45 million Series B funding round, bringing the total capital raised since Vise’s founding to over $60 million. Sequoia Capital led the Series B with participation from Allen & Company, Founders......
Artificial Intelligence Business Featured Fintech

Can Artificial Intelligence Improve the Debt Collection Process?

Paroma Sen
by Paroma Sen0
Artificial intelligence has rewritten the basics of every financial service, from retail banking to business lending, Artificial intelligence in fintech is now more than just an exciting concept; how is this technology revamping today’s debt collection process though? Moreover, are financial institutions capitalizing on their debt lending process with AI......
Artificial Intelligence Fintech News

While Global New Account Fraud Rates Fell by 23% in 2020, Fraud Rates in the UK Climbed 28%

Fintech News Desk
by Fintech News Desk0
New data from Jumio, the leading provider of AI-powered end-to-end identity verification and eKYC solutions, reveals that new account fraud based on ID verification increased 28% in the UK YOY for 2020, while the global average fell 23% compared to 2019 levels. At the same time, selfie-based fraud rates were nearly......
Artificial Intelligence Business Fintech InsurTech News

Wakam Partners With Akur8 to Transform Their Insurance Pricing Process

Fintech News Desk
by Fintech News Desk0
Wakam and Akur8 are thrilled to announce their partnership, signed in November 2020, as a key milestone to enhance Wakam’s pricing process, illustrating both companies’ pledge to bring innovation within the insurance space to the next level. Read More: ApexEdge Launches Partner Portal – an Extensive Customer Experience Design and......
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