Tagged: Gen AI

Lloyds Banking Group Introduces AI Enabled Financial Management Tool

Lloyds Banking Group will launch the UK’s first large-scale, multi-feature AI-powered financial assistant, set to transform the way over 21 million customers manage their money through the mobile app. This launch is a key milestone in Lloyds Banking Group’s journey to embed AI as a… Read More

Deloitte, AI Cloud Data Firm Snowflake to Enhance Tax Data Management Solutions

Deloitte Tax LLP announced an expanded alliance with Snowflake, the AI Data Cloud firm, in order to transform tax data management solutions. This collab will leverage the strengths of the organizations in an effort to combat cloud modernization obstacles and enable cloud data solutions and… Read More

European Regtech Fourthline Teams Up with London based crcle to Provide Identity Verification Solutions

Fourthline, Europe’s identity services provider, has been selected by crcle as their Identity Verification Partner. As the “verified” social network, crcle is transforming how Gen-Z connects. Fourthline, as one of the identity service providers operating in Europe, was crcle’s preferred option as it could provide… Read More

Accenture Announces Acquisition of Decho to Scale Palantir and Gen AI Capabilities

Accenture (NYSE: ACN) has recently acquired Decho, a UK-based tech and AI consultancy that helps organizations reinvent through the design, delivery and scaling of Palantir solutions. The acquisition reportedly aims to enhance Accenture’s strategic advisory and advanced engineering capabilities for Palantir solutions for clients across… Read More

Deloitte Expands Suite of GenAI and Agentic AI Capabilities in Omnia

Deloitte announced a series of new artificial intelligence (AI) capabilities within Omnia, Deloitte’s global cloud-based Audit & Assurance platform, designed to evolve the audit and assurance experience, “advancing Deloitte’s effort to drive innovation with enhanced technology.” As the external landscape and client businesses transform, these… Read More

Emerging AI Startups Are Shaping Intelligent Systems Across Fintech and Other Industries – Report

CBInsights’ AI 100 report examines the world’s high-potential private AI companies, highlighting Fintech as one of the key verticals driving innovation. Selected from over 17,000 companies using proprietary Mosaic Scores, investor quality, market traction, and software buyer interviews, the 100 high-potential firms highlight the transformative… Read More

Bank-Fintech Partnerships to Enable GenAI Adoption in Financial Services : Federal Reserve Governor Barr

In a speech delivered at the Federal Reserve Bank of San Francisco, Federal Reserve Governor Michael S. Barr highlighted the transformative potential of bank-Fintech relationships in driving the integration of Generative Artificial Intelligence (GenAI) into the financial services sector. Barr emphasized that the interplay of… Read More

Deloitte Continues to Support Global AI Initiatives By Building on $3B Investment in GenAI

Deloitte announced the scaling of its Global Artificial Intelligence (AI) Simulation Center of Excellence (CoE), building on its global investment of $3 billion in Generative AI (GenAI) through fiscal year 2030. Launched first in Bengaluru, India to serve Deloitte’s global network, the Simulation CoE aims… Read More

Generative AI and Agentic Commerce Poised to Enhance UX – Report

The evolution of generative AI and agentic commerce is poised to transform the customer journey, streamlining the path from awareness to purchase and beyond. A research report from CBInsights outlines three key predictions for how these technologies will reshape the shopping experience across its five… Read More

Earnix Copilot to Boost Productivity and Business Performance with Gen AI

Earnix, a provider of intelligent decisioning SaaS solutions for regulated industries, announced the launch of the Earnix Copilot, “Alix.” This generative AI-driven agent is designed to enhance decision-making within the Earnix platform, driving “business outcomes and productivity for insurance and banking organizations.” With the Earnix… Read More

Corridor Platforms and Google Cloud to Solve GenAI Governance for Banks

Corridor Platforms collaborates with Google Cloud in order to solve GenAI governance for banks. The partnership enables banks to deploy GenAI apps, leveraging Corridor’s GenGuardX platform for governance, compliance, and risk management Corridor Platforms, the enabler of AI governance solutions, announces a partnership with Google… Read More

MongoDB and Lombard Odier to Enhance Core Banking Tech with Generative AI

MongoDB, Inc. (NASDAQ: MDB) announced that Lombard Odier, a  Swiss private bank, partnered with MongoDB to enhance its banking tech systems. In collaboration with MongoDB, Lombard Odier has streamlined the modernization of its systems and apps with generative AI, “reducing technical complexity and accelerating the… Read More

Divide Between Open-Source and Closed-Source AI Models Is Reshaping Tech Industry Dynamics – Report

With industry professionals divided in their approaches, CBInsights look at the winners and losers in the open-source vs. closed-source landscape and what enterprises “need to think about next for adoption.” As part of their series on the generative AI divide, CBInsights has examined many of… Read More

Thoughtworks and Amazon Web Services to Accelerate Generative AI Adoption Across Asia Pacific

Thoughtworks, a tech consultancy that integrates strategy, design and engineering, announced it has signed a collaboration agreement with Amazon Web Services (AWS) to help enterprises across Asia Pacific develop generative artificial intelligence (GenAI) solutions that “drive operational efficiencies.” This will help Thoughtworks’ clients in industries… Read More

Australian Firms Increasingly Leveraging AI to Enhance Finance Functions, Improve Financial Reporting

Australian companies’ use of AI in their finance functions is growing steadily – and the Return on Investment (ROI) on AI is exceeding, or at least meeting, expectations, a KPMG International study has found. And a quarter or 25% of Australian and overseas organizations are… Read More

PwC and Amazon Web Services (AWS) to Support GenAI-Powered Apps for Financial Services and Energy Sector

PwC announced a collaboration agreement with Amazon Web Services (AWS) to help drive innovation using the advancements in cloud and generative AI (GenAI) services. The collaboration will now aim to bring together PwC’s industry insights with AWS’ GenAI services, including Amazon Bedrock, which offers a… Read More

Australia’s Commonwealth Bank Leverages Generative AI to Enhance UX

Commonwealth Bank of Australia (CBA) has outlined how artificial intelligence is helping to transform the experiences it delivers to its 10 million-plus customers. At a key update in Sydney, the CBA reportedly showcased the role technology and AI are playing in delivering a number of… Read More

Brightflag Introduces GenAI Solution for Legal Spend and Matter Management

Gavel Court Legal Trial Law rawpixel unsplash

Brightflag, an AI-powered e-billing and matter management platform for corporate legal departments, launched Ask Brightflag, which is described as the first generative AI assistant for legal spend and matters. E-billing and matter management tools are said to serve the following purposes: They perform tasks, like… Read More

Experian GenAI Solution to Enhance Modeling Lifecycle

Experian announced the launch of Experian Assistant, a generative AI-enabled solution that accelerates the modeling lifecycle, slashing model-development timelines from months to days. Integrated with Experian Ascend Technology Platform, this solution reportedly empowers users to leverage their data for analytics with less effort. The world’s… Read More

Nordic Challenger Bank Lunar Introduces GenAI Native Voice Tech Solution to Enhance CX

Lunar, the Nordic challenger bank, announces the launch of its AI Voice Assistant, marking a milestone as the European bank to introduce GenAI Native Voice tech. Powered by the GPT-4o model, the GenAI Native Voice Assistant will help make banking accessible to all demographics, offering… Read More

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