Search Results for: Business Intelligence

Google Cloud Launches AI-Powered AML Product for Financial Institutions
Artificial Intelligence News

Google Cloud Launches AI-Powered Anti Money Laundering Product for Financial Institutions

PR Newswire
by PR Newswire0
HSBC found AML AI identified 2-4x more suspicious activity, while reducing alert volumes by more than 60%  Google Cloud announced the launch of Anti Money Laundering AI (AML AI), an artificial intelligence (AI)-powered product designed to help global financial institutions more effectively and efficiently detect money laundering. Money laundering is a......
Cleareye.ai Secures Strategic Investment From J.P. Morgan
Finance News

Cleareye.ai Secures Strategic Investment From J.P. Morgan

Business Wire
by Business Wire0
J.P. Morgan’s Trade and Working Capital group makes strategic investment in Cleareye.ai to fuel the growth of trade digitalization across trade finance industry Cleareye.ai, Inc., the provider of a category-leading digital trade finance solution ClearTrade, for digital automation of trade compliance and operations, announced it has secured a strategic investment......
Accenture Invests in Parfin to Build Responsible, Compliant Web3 Infrastructure for Financial Institutions
Digital Asset Management Investment Services News

Accenture Invests in Parfin to Build Responsible, Compliant Web3 Infrastructure for Financial Institutions

Business Wire
by Business Wire0
Brazilian company is first Accenture Ventures “Project Spotlight” investment in Latin America Accenture has made a strategic investment through Accenture Ventures in Parfin, a leading provider of responsible, compliant Web3 infrastructure services to financial institutions in Latin America. Founded in 2019, with headquarters in London and Rio de Janeiro, Parfin offers digital asset......
ACI Readies European Banks and Merchants for Instant Payments
Digital Payments News

ACI Readies European Banks and Merchants for Instant Payments

Fintech News Desk
by Fintech News Desk0
Banks across Europe are working to comply with the proposed EC Mandate on Instant Payments, with just 12 months to comply from when the Mandate is confirmed ACI enables European banks to connect to their domestic instant payments scheme or to pan-European schemes TIPS and RT1 through its market-leading ACI......
ALCOR Investment Bank Enters Indian Market, Targeting $100Bn IB Services Opportunity
Finance Investment Services News

ALCOR Investment Bank Enters Indian Market, Targeting $100 Billion IB Services Opportunity

PR Newswire
by PR Newswire0
ALCOR Investment Bank, a leading global financial institution, is thrilled to announce a suite of comprehensive services specifically tailored to cater to the burgeoning Indian market. George Molakal, CEO of ALCOR, views India as a “$100Bn opportunity for investment banking firms specializing in global transactions” and asserts that ALCOR is ready to seize......
SolasAI and Capco Pioneer New Compliance Solution to Discrimination Arising from AI Use in Financial Services
Artificial Intelligence Fintech News

SolasAI and Capco Pioneer New Compliance Solution to Discrimination Arising from AI Use in Financial Services

PR Newswire
by PR Newswire0
SolasAI, the leader in innovative algorithmic fairness AI software, and Capco, the global technology and management company, announced a partnership focused on reducing bias and discrimination while enhancing risk mitigation related to AI use within the financial services industry. Latest Fintech Interview: Global Fintech Interview with Paul Monk, Chief Executive Officer......
Striveworks Raises $33 Million in First Institutional Round led by Centana Growth Partners
Fintech News

Striveworks Raises $33 Million in First Institutional Round led by Centana Growth Partners

Business Wire
by Business Wire0
Striveworks, a leading provider of machine learning operations (MLOps) for enterprise data science and analytics teams, announced the successful closure of their first institutional fundraising round of $33 million. The all-equity round was led by Centana Growth Partners, a specialized growth equity firm that invests in fintech and related enterprise......
Hiscox Selects Ivalua to Digitally Transform its Source-to-Pay Processes
Digital Finance News

Hiscox Selects Ivalua to Digitally Transform its Source-to-Pay Processes

PR Newswire
by PR Newswire0
Ivalua, a global leader in spend management, announced that, after a comprehensive selection process, Hiscox, an international specialist insurer, has selected Ivalua’s full, Source-to-Pay (S2P) solution to digitalize its global procurement operations. With over 1.5 million retail customers across the UK, Europe, Asia and the USA, Hiscox offers a range of specialist insurance products in......
Banking Featured Fintech Fintech Primers Technology

The Fintech Revolution: Accelerating Bank Performance In The Dynamic Landscape Of 2023

Pooja Choudhary
by Pooja Choudhary0
“Banks can partner with fintech to build an ecosystem where the size of the pie grows for the banks and third parties.” – Mike Henry, Scotiabank Banks need to heavily invest in fintech solutions and implement digital strategies to keep up with the ever-changing competitive landscape. This blog has highlighted that......
FinVolution Subsidiary Adakami Signs Strategic Cooperation with Bank OCBC NISP
Fintech News

FinVolution Subsidiary Adakami Signs Strategic Cooperation with Bank OCBC NISP

PR Newswire
by PR Newswire0
FinVolution Group, a leading fintech platform, announced that its Indonesian financial application, AdaKami, signed a strategic cooperation agreement with Bank OCBC NISP. Bank OCBC NISP is an Indonesian publicly listed banking and financial services company, serving customers through 197 office networks in 54 cities in Indonesia as per September 2022. It shows......
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