AI

Vietnam’s FPT Software Partners With Squirro to Unlock Insights From Data

Vietnam’s IT firm FPT Software announced that it has formed a partnership with Squirro, a Switzerland-based augmented intelligence solutions provider. Through this partnership, the two companies will offer their customers comprehensive enterprise solutions backed by Artificial Intelligence (AI) to leverage

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Vietnamese Fintech Trusting Social Bags US$ 65 Million Investment From Masan Group

Trusting Social, a Vietnam-based AI-powered credit scoring platform, announced that it has secured US$ 65 million for the initial close of its Series C funding round from The Sherpa Company, a subsidiary of Masan Group. According to DealStreetAsia, Masan now

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Finbots.AI Secures US$3 Million in Series A Funding Round From Accel

Finbots.AI, an AI-powered credit scoring software provider, announced it has raised a US$3 million Series A funding round. This round saw the participation of a single investor – Accel, that made this investment from its Fund VII and this marks

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Gupshup Inks Deal to Acquire Conversational AI Platform Active.Ai

Conversational messaging platform Gupshup announced the acquisition of Active.Ai, a conversational AI platform used by banks and fintech firms. The sum was not disclosed. The acquisition aims to strengthen Gupshup’s customer experience solutions for its banking, financial services and insurance

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BIS Innovation Hub and MAS Developed a Supervisory Analytics Platform

The BIS Innovation Hub Singapore Center and the Monetary Authority of Singapore (MAS) have jointly developed a new supervisory analytics platform known as Project Ellipse. The platform successfully demonstrates how regulatory and other data, such as articles and news, can

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InterSystems Rolls Out a Suite Solutions Powered by Smart Data Fabrics

Data technology provider InterSystems has launched a suite of new solutions that will help financial institutions become more agile, make faster, more informed decisions, and respond better to changing customer expectations. The Business 360, Customer 360, Institutional Client 360, and

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Artificial Intelligence as a Catalyst to Accelerate Financial Inclusion

The use of Artificial Intelligence (AI) in financial services is all over the news, with some reports estimating it to be a US$450 billion opportunity. But what’s the real story around what AI can do? Beyond just automating certain processes,

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Over a Quarter of Banks Report Improved Revenue After Implementing AI

Adoption of artificial intelligence (AI) is growing rapidly in the financial services sector, as organizations all seek to benefit from the advantages brought about by the technology, including streamlined processes, task automation and improved customer experience. A new survey conducted

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How Do You Approach Your Data in a New Way by Making It Smarter

In the era of rising customer expectations and savvier consumers, financial organisations are under increased pressure to provide customers with hyper-personalised experiences. In fact, more than half of customers expect to always have personalised offers and 66 percent expect companies

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In Banking, Data Become The “Differentiating Baseline”

In Asia, market liberalization pushes, coupled with changing customer behaviors and advances in technology, are forcing banks to move away from a product-centric approach to a customer-centric one where data become critical in guaranteeing the value and relevance of products

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