Tagged: machine learning

March 6, 2023 @ 1:17 am By Omar Faridi  |  

Liquidity Group, a pioneering financial technology firm and asset manager that uses patented machine learning and decision science to provide capital to high-growth technology companies, has announced the launch of its global ‘Twenty Chairs’ series. The series will bring together leading industry players “to network… Read More

March 5, 2023 @ 11:14 pm By Omar Faridi  |  

Feedzai, a key player focused on fighting financial crime with AI, has joined the Global Anti Scam Alliance (GASA) – a not-for-profit organisation whose goal is “to protect consumers across the world from scams – as a corporate member.” GASA brings together governments, law enforcement,… Read More

February 28, 2023 @ 11:38 am By Omar Faridi  |  

The team at Robin Ai are pleased to announce that they have secured $10.5m in our Series A funding round. This capital from the investment round will be ‘used to accelerate and scale their mission to change the way the legal industry works by using… Read More

February 21, 2023 @ 4:09 pm By Omar Faridi  |  

Bosch and Fetch.ai are announcing their new partnership “to form a new Web3 foundation – Fetch.ai Foundation, that aims to research, develop and harness Web3 technology for real-world use cases that will span across mobility, industrial, and consumer domains.” Fetch.ai Foundation will be “anchored in… Read More

January 16, 2023 @ 10:55 am By Omar Faridi  |  

One True Holding Company d/b/a/ TrueML, a financial technology software company developing machine learning-driven products that enable intelligent, digital communication in the financial services space, announced that Thomas Overton will “join as Chief Technology Officer.” TrueML develops software using patented machine learning technology “to create… Read More

December 26, 2022 @ 10:37 am By Omar Faridi  |  

83% of firms will increase spending “on operational excellence initiatives in 2023,” according to an update from Verdantix. AI [artificial intelligence] and machine learning are “increasingly being used by industrial firms to maximise data utility.” The report from Verdantix also mentioned that “the global skills… Read More

December 8, 2022 @ 8:11 am By Omar Faridi  |  

Deutsche Bank (ETR: DBK) announced a multi-year innovation partnership with NVIDIA in order “to accelerate the use of artificial intelligence (AI) and machine learning (ML) in the financial services sector.” Combining Deutsche Bank’s financial industry expertise with NVIDIA’s leadership in AI and accelerated computing “will… Read More

November 24, 2022 @ 9:35 am By Omar Faridi  |  

Featurespace, which claims to be the leader in machine learning fraud and financial crime prevention technology, has secured funding from UK and US governments “to build a new type of artificial intelligence (AI) system to help banks and payments service providers (PSPs) detect financial crime… Read More

November 21, 2022 @ 9:38 pm By Omar Faridi  |  

Aunalytics, a data management and analytics company delivering Insights-as-a-Service for mid-market businesses, announced it has initiated Enterprise Analytics, a managed service comprised of experts in data analytics, data engineering, artificial intelligence (AI) and machine learning. The new solution “couples the tools and technology required to… Read More

November 14, 2022 @ 11:25 pm By Omar Faridi  |  

ComplyAdvantage, a global data technology company transforming financial crime risk detection, announces a training program “designed to help compliance teams navigate potential threats when onboarding customers.” Financial institutions must legally “vet new clients for money laundering, terrorist financing, sanctions evasion, and corruption before providing access… Read More

November 11, 2022 @ 4:27 pm By Omar Faridi  |  

TrueAccord Corp, a debt collection company using machine learning-powered digital recovery solutions to improve consumer experience, announced it “joined the Visa Fintech Partner Connect program.” Through Visa Fintech Partner Connect, TrueAccord “is Visa Ready certified.” This certification helps technology companies “build and launch payment solutions… Read More

November 2, 2022 @ 12:27 pm By Omar Faridi  |  

TIFIN, the Fintech platform known for its highly engaging products fueled by advanced data science and machine learning, has launched what it claims to be  “a first-of-its-kind platform for client personalization.” The platform “to facilitate modern personalization will be offered by its TIFIN Wealth division… Read More

October 29, 2022 @ 2:58 pm By Omar Faridi  |  

Pi, a fraud risk management (FRM) platform founded by Paytm Labs designed to address high-volume applications for fintechs using machine learning (ML), has published a new report on “the impact of fraud on consumer confidence.” The research report, titled “Fraud vs. Friction: How the need… Read More

October 12, 2022 @ 9:01 pm By Omar Faridi  |  

Resistant AI, the AI and machine learning financial crime prevention specialists, and ComplyAdvantage, which claims to be one of the financial industry’s leading sources of AI-driven financial crime risk data and detection technology, announced “the general availability of their solution for fighting financial crime across… Read More

October 12, 2022 @ 2:32 pm By Omar Faridi  |  

One True Holding Company d/b/a/ TrueML, a financial technology software company developing machine learning-driven products that enable intelligent, digital communication including in the debt collection space, recently announced it has “acquired the debt collection business of Enhanced Recovery Company, LLC (ERC), a collections provider.” The… Read More

October 11, 2022 @ 12:17 am By Omar Faridi  |  

Uppsala Security, a provider of security tools and services for Crypto AML/CTF, Transaction Risk Management, Regulatory Compliance, Transaction Tracking, and Cyber Security recently announced that it has developed a new Crypto Threat Detection System (CTDS) that handles Suspicious Transaction Reporting (STR) and Counterfeit Currency Reporting… Read More

October 6, 2022 @ 4:05 pm By Omar Faridi  |  

During the pandemic, online grocery orders “rose by more than 50% and are expected to rise further this year,” according to McKinsey research. More than ever, people “make day-to-day purchases online, choosing quick commerce merchants that offer speed and convenience.” As people open new accounts… Read More

September 19, 2022 @ 10:21 pm By JD Alois  |  

Machine learning (ML) startup TrueFoundry has raised USD$ 2.3 million in Seed funding led by Sequoia India, and SE Asia’s Surge with the participation of AngelList co-founder Naval Ravikant and Eniac Ventures. Other angel investors include Deutsche Bank Global CIO Dilip Khandelwal, Head of GitHub… Read More

September 13, 2022 @ 8:00 am By Omar Faridi  |  

Fetch-ai Network has reportedly on-boarded 40,000 unique users and claims that it’s rapidly scaling its network usage. Fetch-ai Network’s announcement “comes on the heels of its $150 Million Development fund with MEXC Global and ByBit.” Fetch-ai Network’s unique technology called Autonomous Economic Agents (AEA) which… Read More

September 8, 2022 @ 7:48 am By Omar Faridi  |  

Venture capital (VC) funding slid more deeply in AI & ML than in software overall in Q2, “falling 27.8% quarter-over-quarter (QoQ) compared to 21.6% for IT more generally.” according to an update from Pitchbook. Both deal value and deal count “fell to their lowest levels… Read More