AI
Banks Embrace Cloud, AI to Innovate and Tap Partnership Opportunities
The banking industry is shifting towards innovation, collaboration and customer-centricity, driven by the adoption of technologies including cloud computing, data analytics, artificial intelligence and machine learning (AI/ML), changing customer preferences, and a rapidly evolving regulatory landscape, a new report by
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SoftServe to Showcase Generative AI Innovations at Money20/20 Asia
SoftServe, a global IT consulting and digital services firm, is set to present its latest generative AI (Gen AI) technologies at the upcoming Money20/20 Asia conference. The event, scheduled for 23-25 April in Bangkok, Thailand, will highlight innovative applications of
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Top 5 Most Promising AI Companies in Asia According to CB Insights
Market intelligence platform CB Insights has released its selection of this year’s 100 most promising artificial intelligence (AI) companies, from this list we filtered the top AI companies in Asia. These companies, which were picked based on CB Insights datasets
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Mckinsey: Generative AI to Transform Risk Management in The Next 5 Years
Generative artificial intelligence (AI), also known as gen AI, is expected to significantly impact risk management over the next five years, allowing financial institutions to automate tasks, accelerate processes and improve efficiencies. But in order to leverage the benefits of
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FinbotsAI Expands Footprint to Myanmar via KBZ Bank Partnership
FinbotsAI, a Singapore-based fintech company specialising in AI credit scoring, has partnered with KBZ Bank, one of Myanmar’s largest privately-owned bank. This marks KBZ Bank as its first client in the country. KBZ Bank operates over 500 branches and serves
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Bridgewise Lands US$21M Funding Led by SIX Group
Bridgewise, an AI-based analysis platform for global securities, has raised US$21 million in a new funding round, bringing its total funds raised to US$35 million. This investment round was led by SIX Group and joined by Group11 and L4 Venture
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Seizing the Billion-Dollar Opportunity of Generative AI in Financial Services
In an era where technology and innovation are pivotal to competitive advantage, the financial services industry stands on the cusp of a transformative revolution, primarily driven by the advent and integration of generative AI technologies. For the uninitiated, this advanced
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Visa Set to Roll out New AI-Powered Fraud Prevention Solutions
Visa announced the expansion of its value-added services by introducing three new AI-powered solutions aimed at bolstering fraud and risk prevention. These additions are part of Visa’s comprehensive Protect suite, targeting immediate account-to-account transactions, card-not-present (CNP) payments, and activities beyond
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Visa: AI Fuels Surge in Emotion-Based Scams like Pig Butchering and Inheritance Fraud
Visa’s latest Biannual Threats Report for Spring 2024 underscores the concerning rise of “pig butchering” scams, showcasing the sophisticated threats plaguing both individuals and businesses in the global payments ecosystem. These scams cleverly exploit emotional vulnerabilities by luring victims into
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Tiger Brokers Partners With Aussie Fintech Grafa For AI-Driven Data, News Analysis
Tiger Brokers has announced a partnership with Australian media fintech Grafa to roll out AI-driven data, news and analysis into its brokerage app. Under the arrangement, Tiger Brokers will incorporate Grafa’s AI-powered newsfeed into its brokerage app, Tiger Trade, which
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