Tag: machine learning

Capital and Risk, Operational

The Future of Insurtech: Innovations in Business and Financial Security

November 21, 2023

Via: TechBullion

The landscape of the insurance industry has undergone a transformative evolution with the advent of Insurtech, a dynamic blend of insurance and technology. This amalgamation has not only disrupted traditional business models but has also paved the way for innovative […]

Capital and Risk, Operational

Unpacking the hype: Generative AI in banking and finance

August 22, 2023

Via: FinTech Futures

If the surge of funding into AI and the long queue of AI patents waiting to be filed are anything to go by, then the hype is far from over. And while clouds of concern surround this topic, just as […]

Capital and Risk, Operational

ChatGPT and generative AI — what does banking have to do with it?

March 7, 2023

Via: FinTech Futures

Ready or not, the genie is out of the bottle and there is no going back. From digital art and journalism to gaming and marketing tech, every industry is being disrupted. Open AI’s ChatGPT, in particular, stole the limelight after […]

Capital and Risk, Operational

Wells Fargo launches digital business banking platform Vantage

December 6, 2022

Via: FinTech Futures

Named Vantage, the new offering leverages artificial intelligence and machine learning (AI/ML) to deliver personalised corporate and commercial financial services for businesses based on their specific needs. The platform uses AI to provide financial recommendations and next steps, Wells Fargo […]


Digital challenger Bunq wins “landmark” case against Dutch Central Bank

October 18, 2022

Via: FinTech Futures

The firm took the regulator to court earlier this year to challenge what it calls the DNB’s “antiquated and ineffective” AML strategy. “Where DNB insisted on using one-sided reporting from account holders – a system resting squarely on the honesty […]

Capital and Risk, Operational

What AI can do for Crypto Trading

June 6, 2022

Via: TechBullion

The announcement by Fidelity that it will provide 401K asset management services for Bitcoin is just the latest sign of crypto becoming a mainstream asset. Now, the question for investors is how to approach this immature and extremely volatile market. […]

Capital and Risk, Operational

What it takes to fight financial crime with AI

October 25, 2021

Via: FinTech Futures

A PwC report found that almost half – 47% – of companies surveyed experienced fraud in the past two years. That comes with a huge price tag: a total of $42 billion. And financial fraud seems to have only gotten […]

Capital and Risk, Channels, Trading

Blockchain’s potential to change the face of trade finance

August 31, 2021

Via: FinTech Futures

Recent challenges across the industry, such as the Suez Canal crisis and disruption to the supply chain at the height of the pandemic, have made the case for change stronger than ever. There’s an obvious need for universally adopted, digital […]

Capital and Risk, Operational

BBVA and Google Cloud Form Strategic Partnership to Drive Security Innovation in Financial Services

February 23, 2021

Via: PR Newswire

BBVA and Google Cloud today announced a new strategic partnership to transform the bank’s security strategy by optimizing and improving its security infrastructure. As part of this global agreement, BBVA will collaborate with Google Cloud in the development of groundbreaking […]

Capital and Risk, Operational

Unlocking the benefits of unstructured data in banking

October 20, 2020

Via: FinTech Futures

But the sector wasn’t always as open to embracing new technologies. Until the arrival of challenger banks like Monzo and Starling Bank a little over five years ago, who showed the benefits that taking a digital-first approach could bring, traditional […]

Retail Banking

US bank customers enter Glassbox’s digital world of pane

January 9, 2019

Via: Banking Technology

According to Glassbox, its analytics platform allows users to capture, index, search, retrieve, replay and drive real-time machine learning-driven insights from data related to digital customer journeys. The idea is to enable “online customer experience professionals to receive automatic alerts […]

Capital and Risk, Operational

Personal Banking Assistant Coming Soon to Central America

November 1, 2017

Via: Bank Innovation

EXCLUSIVE – Personal banking platform,, will launch in Central America by the first quarter for next year, Bank Innovation has learned. “Although we cannot disclose the specific country where the product launch will happen, I can say that it […]