Tags AI

Tag: AI

Research anticipates quantum computing boom in financial services by 2026

A report has found that sales of quantum computers and related services to the financial services industry will total $450m by 2026.

Why AI-powered adverse screening should be core software for FI’s

As risks of financial crime continue to rise in the digital world, companies will need to improve the use of technology-powered solutions. Adverse media screening is of growing importance and can offer more than just security.

Almost three-quarters of FinTechs see AI as biggest changemaker in next...

A report by payments technology firm Tribe Payments has found 67% of FinTechs believe AI is the technology that will have the biggest impact on the sector in the next five years.

HSBC bolsters Hong Kong offering with AI-powered equity index product

HSBC has unveiled AiPEX5, a new AI-powered equity index structured product to bolster its wealth offering in Hong Kong.

Vise plans to expand product footprint following $65m Series C

US AI-powered investment management platform Vise has raised $65m in a Series C funding round led by Ribbit Capital.

Home value app Plunk closes $6.5m seed round

Seattle-based financial services company Plunk has concluded a $6.5m seed round led by Unlock Venture Partners. The round also included participation from Sony Innovation...

Why AI technology is key to the future of compliance surveillance

From insider trading and market manipulation to bribery, corruption as well as money laundering, detecting suspicious activity has become a top priority for financial firms, making it imperative to have a robust compliance surveillance solution in place, according to Relativity Trace general manager Jordan Domash.

Pennyworth launches financial planning app on iOS, Android to follow

UK-based neobank Pennyworth has begun beta testing of the first version of its financial planning app on all iOS devices.

Wasabi eyes global expansion following $112m Series C

Hot cloud storage company Wasabi has raised $112m from a Series C funding round led by Fidelity Management & Research Company.

Deep Instinct eyes ‘hyper-growth’ as it snares $100m Series D

Cybersecurity enterprise Deep Instinct has closed a $100m Series D funding led by global asset juggernaut BlackRock.

Find out how a risk-based approach to cybersecurity can reduce costs and increase compliance

Last year large-scale breaches increased by 300%

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