Artificial Intelligence Banking Business Fintech Mobile Banking News

SEB Partners with SparkBeyond to Explore New Technologies through its Innovation Studio SEBx

SEB Partners with SparkBeyond to Explore New Technologies through its Innovation Studio SEBx

SEBx, a new digital banking initiative from leading Swedish bank SEB, has partnered with SparkBeyond, the leading AI-powered decision intelligence platform that discovers trends and actionable insights buried in data.

“Partnering with SparkBeyond provides us with the ability to discover powerful new insights about our customers by using the latest advancements in AI,” said Christoffer Malmer, head of SEBx.

Read More: Syncapay Acquires Subsidiary of Wirecard AG

SEBx combines the strength of the incumbent, SEB, with the agility of a startup. Its mission is to explore new technologies that can benefit all of SEB, while researching new business opportunities and product offerings. SparkBeyond played a key role in enabling their first venture, UNQUO, an innovative financial service tailor made for solo business owners.

“SparkBeyond uses AI to bridge the gap between data and real-world impact. As a mission-oriented company, we are delighted to work with the team at SEBx on their goal of exploring new frontiers of the Fintech ecosystem,” said Ed Janvrin, General Manager EMEA & Americas for SparkBeyond.

Read More: Worldline Welcomes Ingenico, Creating a New World-Class Leader in Payment Services

SparkBeyond is a global technology company whose AI-powered Platform transforms the way decisions are made. The platform bypasses human bias in problem-solving and generates millions of hypotheses per minute. These hypotheses are infused with unique insights gleaned from SparkBeyond’s rich network of external data sources, giving companies the tools to develop smarter, more effective solutions.

SEBx is a strategic initiative by SEB, one of the leading Nordic and Baltic banks. An innovation studio for testing new technologies, alternative technology platforms and new services – SEB’s greenfield digital bank.

Read More: Prime Trust Launches Proprietary Core Banking Software for Fractional Assets, Including Cryptocurrency

Related posts

Abacus Group Acquires Tribeca to Continue its Growth in the UK Financial Services Sector

Business Wire

Nav Introduces “Next Best Option” to Help SMBs That Are Declined for Funding

PR Newswire

Nexusflow Raises $10.6 Million Seed, Harnessing Generative AI to Revolutionize Cybersecurity

Business Wire
1