Tag : AI

67% Of Fintechs Believe That AI Will Have the Biggest Impact on Sector in the Next Five Years
Banking Digital Payments Fintech News

67% Of Fintechs Believe That AI Will Have the Biggest Impact on Sector in the Next Five Years

Fintech News Desk
by Fintech News Desk0
70% of fintechs are using AI today, and the technology is predicted to dominate the market by 2025 90% of fintechs use APIs and they are currently the most widely used emerging technology “Fintech Five by Five” explores five core technologies that will have the biggest impact on the sector......
Shift Technology Recognized as the Winner of 2021 Microsoft France Industry Award Partner of the Year
Fintech InsurTech News

Shift Technology Recognized as the Winner of 2021 Microsoft France Industry Award Partner of the Year

Fintech News Desk
by Fintech News Desk0
Company also named a finalist for the 2021 Microsoft Financial Services Award Partner of the Year Shift Technology, a provider of AI-driven decision automation and optimization solutions for the global insurance industry, announced it has won the France Industry, and been named a finalist for the Financial Services, 2021 Microsoft......
Moveworks Raises $200 Million in Series C Funding to Support Work-from-Anywhere with AI
Finance Investments News

Moveworks Raises $200 Million in Series C Funding to Support Work-from-Anywhere with AI

Fintech News Desk
by Fintech News Desk0
Now valued at $2.1 billion, Moveworks is the first AI platform that provides instant help to remote and in-office employees Moveworks, the AI platform that automates support at work, announced it closed a $200 million Series C financing round — just five years after its inception in 2016. It represents the......
VersaBank's Washington, DC-Based Subsidiary, DRT Cyber, Enters Agreement with EzoTech, Expanding Cybersecurity Offering with AI Penetration Testing
Banking News

VersaBank’s Washington, DC-Based Subsidiary, DRT Cyber, Enters Agreement with EzoTech, Expanding Cybersecurity Offering with AI Penetration Testing

Fintech News Desk
by Fintech News Desk0
VersaBank announced that its wholly-owned, Washington, DC-based subsidiary, DRT Cyber Inc., has entered into a reseller and development agreement with EzoTech Inc., developers of the world’s first Artificial Intelligence (AI)-powered Autonomous cybersecurity penetration testing platform. Penetration testing is the process of simulating a cyber attack against an organization’s assets and......
uLab Systems Secures $54.5 Million in Series E Financing
Finance Fintech News

uLab Systems Secures $54.5 Million in Series E Financing

Fintech News Desk
by Fintech News Desk0
uLab Systems™, the creator of uSmile™ Clear Aligners, has raised $54.5 million in its oversubscribed Series E financing round. The investment round included significant participation from existing investors along with a syndicate of leading orthodontists. Mark Foley, Chairman of the Board of uLab stated: “This is a major milestone for uLab as it provides......
EchoNous Secures $60 Million in Funding from Kennedy Lewis Investment Management
Investments News

EchoNous Secures $60 Million in Funding from Kennedy Lewis Investment Management

Fintech News Desk
by Fintech News Desk0
Investment to Accelerate the Commercial Launch of Kosmos, EchoNous’ Handheld Point-of-Care Ultrasound Platform EchoNous, the leader in portable AI-guided ultrasound tools and software, announced it has raised $60 million in funding from Kennedy Lewis Investment Management (“Kennedy Lewis”), a leading opportunistic credit manager with a strong track record of supporting......
IDnow and French Identity Technology Provider ARIADNEXT Combine to Create Leading Pan-European Identity Verification Platform
Digital News

IDnow and French Identity Technology Provider ARIADNEXT Combine to Create Leading Pan-European Identity Verification Platform

Fintech News Desk
by Fintech News Desk0
Combined product portfolio will offer one of the broadest sets of identity verification solutions to the European market IDnow, a German-based leader in identity verification-as-a-service solutions, announced that it has agreed to acquire ARIADNEXT, a French company specializing in remote identity verification and digital identity creation. With IDnow and ARIADNEXT joining......
Acrisure Organizes for Future
Fintech News

Acrisure Organizes for Future

Fintech News Desk
by Fintech News Desk0
Grahame Millwater to Assume New Role of Head of Global Insurance Acrisure, already a top-10 global insurance broker, is putting in place the operational and strategic elements to enable the Company’s expansion into a broader fintech financial services company. Accordingly, today the Company announced that Grahame Millwater will assume the......
Slovakia's Top Bank Slovenská Sporiteľňa to Sharpen Lending Strategies with FICO AI-Powered Optimization
Banking Digital Fintech News

Slovakia’s Top Bank Slovenská Sporiteľňa to Sharpen Lending Strategies with FICO AI-Powered Optimization

Fintech News Desk
by Fintech News Desk0
Leading Slovakian lender set to use FICO® Decision Optimizer to make the best credit offers  Slovenská sporiteľňa, the largest commercial bank in Slovakia, has chosen FICO® Decision Optimizer to increase profitability and improve portfolio management for its cash loan portfolio. Using FICO’s advanced AI-powered optimization, the bank will develop data-driven lending strategies to......
Bairong and SPDB Deepen Partnership to Empower Digital Transformation of Financial Industry
Digital Fintech News

Bairong and SPDB Deepen Partnership to Empower Digital Transformation of Financial Industry

Fintech News Desk
by Fintech News Desk0
Bairong Inc., a leading independent financial big data analytics solutions provider in China, announced that it has won the bid of Shanghai Pudong Development Bank (SPDB) Credit Card Center to strengthen SPDB’s revolving credit and post-loan risk monitoring system. Following the initial cooperation between Bairong and SPDB, this deepened partnership will see the pair leverage Bairong’s industry-leading AI technology to establish......
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