Tagged: machine learning

October 28, 2021 @ 3:16 pm By Omar Faridi  |  

REDi Enterprise Development Inc., a financial crimes management solutions provider, has formed a partnership with fraud detection software provider Advanced Fraud Solutions (AFS), in order to offer an integrated card fraud detection solution to banks and credit unions. As mentioned in a release, the partnership… Read More

October 28, 2021 @ 9:43 am By Omar Faridi  |  

dLocal, a tech-first payments platform that enables enterprise merchants to connect with  consumers in emerging markets, has introduced its latest developments for risk management. The first product in the stack is Smart Defense, which is described as an advanced, custom-built solution that combats fraud by… Read More

October 24, 2021 @ 5:56 pm By Omar Faridi  |  

Pagaya Technologies Ltd., a financial technology firm that enables financial institutions to expand access to more clients via its artificial intelligence network, announced earlier this week that it formed a new partnership with SoFi (NASDAQ: SOFI), the digital personal finance company. The new partnership will… Read More

October 23, 2021 @ 7:48 am By Omar Faridi  |  

NEXT Insurance, the digital Insurtech firm transforming small business insurance, has announced the availability of NEXT Connect, a trusted embedded insurance solution for small business software ecosystems in the US. As mentioned in a release shared with Crowdfund Insider, NEXT Connect enables small businesses to… Read More

October 21, 2021 @ 5:46 pm By Omar Faridi  |  

Resistant AI, a software-as-a-service (SaaS)-enabled AI and machine learning security firm that aims to protect automated financial systems from manipulation, fraudulent activities and financial crime, has acquired $16.6 million in capital via a Series A round. GV (previously Google Ventures) has reportedly led Resistance AI’s… Read More

October 21, 2021 @ 8:34 am By Omar Faridi  |  

Updraft, the financial app provider, has confirmed its largest investment round, securing  £72 million in equity and debt, in order to support its expansion and assist more UK consumers on a  path to attaining financial independence. The investment round has been led by NatWest, which… Read More

October 18, 2021 @ 9:37 am By Omar Faridi  |  

Credit Kudos, the Open Banking credit reference agency, has introduced Signal, which aims to serve as an accurate, explainable Open Banking credit score in order to assist lenders with serving the requirements of more clients, lower defaults and evidence risk decisions. Currently available in the… Read More

October 14, 2021 @ 1:05 pm By Omar Faridi  |  

Banco Santander (NYSE: SAN) (via Santander Universities) and MIT Professional Education are providing 400 “Santander Tech | Emerging Technologies Program by MIT Professional Education” scholarships “geared at courses related to in-demand technologies such as blockchain, AI, and cybersecurity in a job market dominated by digitalization… Read More

October 14, 2021 @ 8:51 am By Omar Faridi  |  

Constellation, a distributed infrastructure that connects Big Data and the blockchain, has announced that it has acquired Dor, a startup that helps retail brands expand their business operations by “empowering them to improve customer outcomes through its data analytics solution that enables them to better… Read More

October 7, 2021 @ 3:08 pm By Omar Faridi  |  

Pagaya Technologies Ltd., a financial tech firm that enables financial institutions to expand access to more clients via its partnerships and AI network, reveals that it has hired Leslie Gillin, ex- President at Chase Co-Brand Cards, CMO of Citi‘s Global Consumer Bank and, recently, CMO… Read More

September 21, 2021 @ 8:25 pm By Omar Faridi  |  

Axyon AI reveals that it has teamed up with DMALINK as part of its goal to become one of the first “true” AI specialists for financial institutions. The partnership should enable the “first-ever” use of deep learning artificial intelligence to “dynamically manage liquidity, detect market… Read More

September 20, 2021 @ 8:37 pm By Omar Faridi  |  

A report from national non-profit Commonwealth notes that “powerful” emerging technologies (Emtech) have the “unprecedented” potential to “shape the future of people’s financial lives, often in ways that will be with us for decades or longer.” According to the Commonweatlh report, Emtech like Big Data-powered… Read More

September 19, 2021 @ 4:53 pm By Omar Faridi  |  

TrueAccord Corporation, which provides intelligent digital recovery and communication products and services, reveals that it has introduced Retain, a new, client-branded product that aims to address early-stage collection challenges for lenders and various other organizations with clients with “past-due delinquent accounts.” Using the firm’s patented,… Read More

September 17, 2021 @ 12:45 pm By Omar Faridi  |  

Veriff, an international ID verification solution provider, reveals that it has joined the Visa Fintech Partner Connect program to offer Fintech companies and traditional issuers with an automated, AI-enhanced identity verification solution. By taking part in the program, Veriff will be providing a seamless identity… Read More

September 17, 2021 @ 11:31 am By Omar Faridi  |  

Lendio, the leading SME financial solutions marketplace, reveals that it has made an asset purchase of Laso’s Loan Origination Software (LOS) and insights technology, which should help further its goal of supporting SMBs. This should serve as the foundation for a customer-centric product offering for… Read More

September 16, 2021 @ 7:54 am By Omar Faridi  |  

ForwardAI, a Fintech firm offering aggregated access to business and accounting data and analysis, has introduced PreciseMatch, which is described as an intelligent transaction mapping technology that “automatically cross-validates accounting systems with synced banking accounts, allowing for smarter, more efficient small business lending decisions.” Banking… Read More

September 7, 2021 @ 8:07 pm By Omar Faridi  |  

Beginning August 31, 2021, Uppsala Security‘s AML, regulatory compliance and investigation product suite will be supporting Binance Smart Chain (BSC), according to a blog post dated September 2, 2021. Uppsala Security, a provider of security tools and services for crypto AML/CTF, transaction risk management, regulatory… Read More

September 2, 2021 @ 6:55 pm By Omar Faridi  |  

Databricks, the data and AI firm, reveals that it has completed a $1.6 billion round in order to promote the innovation and adoption of the data lakehouse, as the data architecture’s utilization across data-oriented organizations keeps growing rapidly. The Series H investment round in Databricks… Read More

September 1, 2021 @ 9:38 pm By Omar Faridi  |  

Adyen (AMS: ADYEN), the international payments platform for leading businesses, has officially launched Score. Adyen claims that it’s the first-to-market with a machine learning powered solution on a single platform for identifying unusual activity and ensuring platform compliance. By utilizing key data insights for analyzing… Read More

August 31, 2021 @ 8:17 pm By Tony Zerucha  |  

Investment in technology and data infrastructure sit at the top of asset managers’ priorities as they position themselves to deliver business growth in the recovery from the COVID-19 pandemic, a new report finds. Most, 56 per cent, say their investment will focus on these areas… Read More