TechCrunch

JULY 28, 2021

He has built and managed operational services and technology solutions for banks, hedge funds, asset managers, fund administrators and custodians. Leveraging machine learning. There are different ways to address the challenge of anomaly detection, including supervised and unsupervised learning. Bikram Singh. Contributor.

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Palo Alto Networks

OCTOBER 31, 2024

Like other data-rich industries, banking, capital markets, insurance and payments firms are lucrative targets with high-value information. Meurer further explains this concept: "My point around simplifying UI experience is more so for the banks, cybersecurity operators [and] their SOC teams.

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Xebia

APRIL 2, 2024

After months of crunching data, plotting distributions, and testing out various machine learning algorithms you have finally proven to your stakeholders that your model can deliver business value. For the sake of argumentation, we will assume the machine learning model is periodically trained on a finite set of historical data.

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Cloudera

DECEMBER 9, 2024

Were thrilled to announce the release of a new Cloudera Accelerator for Machine Learning (ML) Projects (AMP): Summarization with Gemini from Vertex AI . The post Introducing Accelerator for Machine Learning (ML) Projects: Summarization with Gemini from Vertex AI appeared first on Cloudera Blog.

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CIO

OCTOBER 30, 2024

For example, Cloudera customer OCBC Bank leveraged Cloudera machine learning and a powerful data lakehouse to develop personalized recommendations and insights that can be pushed to customers through the bank’s mobile app. And the results for those who embrace a modern data architecture speak for themselves.

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Enterprise Artificial Inteligence Architecture Artificial Intelligence 209

TechCrunch

JUNE 29, 2021

Orum , which aims to speed up the amount of time it takes to transfer money between banks, announced today it has raised $56 million in a Series B round of funding. The fact that it takes days for money to move from one bank to another is not only inconvenient for many, but unnecessary, she believes. It needs to be instant.”.

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TechCrunch

JANUARY 27, 2021

Stilt , a provider of financial services for immigrants in the United States, announced today it has raised a $100 million warehouse facility from Silicon Valley Bank for lending to its customers. The new debt facility from Silicon Valley Bank means Stilt will be able to provide larger loan volumes and better interest rates, said Mittal.

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TechCrunch

MARCH 11, 2023

and Vettery, a machine learning-based talent marketplace that was acquired for $110M. experienced its second-largest bank failure in history. In the technology world, Silicon Valley Bank (SVB) was one of the largest banks supporting small businesses, but today, tens of thousands of depositors are unable to access capital.

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TechCrunch

SEPTEMBER 1, 2021

Lynk , the “knowledge-as-a-service” platform with more than 840,000 experts, announced today it has added $5 million raised from UBS’ Investment Bank division to its previously announced Series B. Founded in 2015 by chief executive officer Peggy Choi, Lynk uses machine learning algorithms to match users with experts on its platform.

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CIO

NOVEMBER 5, 2024

Once synonymous with a simple plastic credit card to a company at the forefront of digital payments, we’ve consistently pushed the boundaries of innovation while respecting tradition and our relationships with our merchants, banks, and customers. When a customer needs help, how fast can our team get it to the right person?

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TechCrunch

SEPTEMBER 23, 2021

Thomvest Ventures, Mubadala Ventures, Oak HC/FT, FinTech Collective, QED Investors, Bullpen Capital, ValueStream Ventures, Laconia, RiverPark Ventures, Stage II Capital and Cross River Bank also participated in the latest round. And what we did was we built a machine learning-based platform that also incorporates humans,” he said.

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Fintech Banking Artificial Inteligence Machine Learning 243

CIO

DECEMBER 30, 2024

AI and machine learning are poised to drive innovation across multiple sectors, particularly government, healthcare, and finance. Similarly, the financial sector will see continued growth in fintech, digital payments and open banking, with cities like Dubai and Riyadh becoming central fintech hubs in the region.

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TechCrunch

JANUARY 26, 2023

Prior to now, Hawk AI had raised $10 million , and with a fresh $17 million in the bank, the company said that it plans to bolster its product development and global expansion plans. ” Hawk AI, an anti-money laundering and fraud prevention platform for banks, raises $17M by Paul Sawers originally published on TechCrunch

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CIO

JANUARY 6, 2025

AI and Machine Learning will drive innovation across the government, healthcare, and banking/financial services sectors, strongly focusing on generative AI and ethical regulation. The financial sector will see rapid adoption of digital payments, open banking, and Central Bank Digital Currencies (CBDCs).

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Trends Artificial Inteligence IoT Energy 122

CIO

APRIL 28, 2023

Data about who owes how much to whom is at the core of any bank’s business. At Bank of New York Mellon, that focus on data shows up in the org chart too. Chief Data Officer Eric Hirschhorn reports directly to the bank’s CIO and head of engineering, Bridget Engle, who also oversees CIOs for each of the bank’s business lines.

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CIO

JANUARY 5, 2025

By leveraging AI technologies such as generative AI, machine learning (ML), natural language processing (NLP), and computer vision in combination with robotic process automation (RPA), process and task mining, low/no-code development, and process orchestration, organizations can create smarter and more efficient workflows.

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TechCrunch

MARCH 11, 2023

Excitingly, it’ll feature new stages with industry-specific programming tracks across climate, mobility, fintech, AI and machine learning, enterprise, privacy and security, and hardware and robotics. Venture firms advised portfolio companies to move money out of SVB after the bank said it would book a $1.8 Now on to WiR.

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CIO

FEBRUARY 16, 2024

The implications of generative AI on business and society are widely documented, but the banking sector faces a set of unique opportunities and challenges when it comes to adoption. If banks are to put their faith in AI, then transparency will be key to building trust. This is a problem banking leaders are increasingly aware of.

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TechCrunch

DECEMBER 10, 2020

Targeting “Gen Z” and with a rather lofty sounding mission to “fight for the world’s financial health,” Cleo’s AI/machine learning-powered app connects to your bank accounts and gives you proactive advice and information on your finances, including timely nudges, to help you stay on top of your spending.

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TechCrunch

OCTOBER 20, 2021

The startup tells TechCrunch it has 30 customers signed up at this stage to use its dedicated anti-fraud security products — which include machine learning detection of fraudulent documents and AI for spotting problematic patterns of transactions. ” Index and Credo lead a $2.75M seed in anti-fraud tech, Resistant AI.

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Fintech Artificial Inteligence Tools Technical Review 256

O'Reilly Media - Data

DECEMBER 10, 2019

Roughly a year ago, we wrote “ What machine learning means for software development.” Karpathy suggests something radically different: with machine learning, we can stop thinking of programming as writing a step of instructions in a programming language like C or Java or Python. Instead, we can program by example.

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TechCrunch

APRIL 5, 2021

That’s where MLOps (machine learning operations) companies come in, helping clients scale their AI technology. Its clients include E.SUN, one of Taiwan’s largest banks, SinoPac Holdings and Chimei. AI models not only take time to build and train, but also to deploy in an organization’s workflow.

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TechCrunch

SEPTEMBER 2, 2021

The company uses AI and machine learning-based technology underwrite its motor insurance and employee health benefits products, and says its data models also allow it to automate pricing and scale its underwriting process for complex risks. Sunday also offers subscription-based smartphone plans through partners.

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TechCrunch

OCTOBER 26, 2020

The renewed attention on water is one reason why an investment arm of the banking giant Citi joined lead investor Motley Fool Ventures and Illuminated Funds Group to come as new investors into Ketos. Silicon Valley Bank provided the company with $3 million in debt financing.

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TechCrunch

JANUARY 25, 2021

The round was led by Pan-African early-stage venture capital firm, TLcom Capital , with participation from nonprofit Women’s World Banking. So the startup instead partners with banks. Banks provide loans to farmers and make it compulsory for them to have insurance. Pula is solving this problem by using technology and data.

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CIO

FEBRUARY 5, 2024

Mohamed Salah Abdel Hamid Abdel Razek, Senior Executive Vice President and Group Head of Tech, Transformation & Information, Mashreq explains how the bank is integrating advanced technologies and expanding its digital footprint. This approach has significantly enhanced the customer banking experience.

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TechCrunch

FEBRUARY 10, 2021

Scalarr , a startup that says it uses machine learning to combat ad fraud, is announcing that it has raised $7.5 Ushakova attributed this in large part to the startup’s extensive use of machine learning technology. million in Series A funding. “Fraud is ever evolving,” Ushakova said.

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CIO

OCTOBER 20, 2023

For banks, data-driven decisions based on rich customer insight can drive personalized and engaging experiences and provide opportunities to find efficiencies and reduce costs. For Bud, the highly scalable, highly reliable DataStax Astra DB is the backbone, allowing them to process hundreds of thousands of banking transactions a second.

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TechCrunch

AUGUST 17, 2021

The company is also describing itself as a machine learning-as-a-service platform. And every fintech or bank wants to provide that same data-driven user experience. Machine learning models are supposed to be trained to acquire , retain and maximize the lifetime value of a customer. .

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AWS Machine Learning - AI

AUGUST 21, 2024

Amazon SageMaker Canvas is a no-code machine learning (ML) service that empowers business analysts and domain experts to build, train, and deploy ML models without writing a single line of code. In this post, we use a banking dataset that has data related to direct marketing campaigns for a banking institution.

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TechCrunch

JANUARY 12, 2022

But over time, it began to focus on bigger clients and signed up a bank as its first main enterprise customer. Product-wise, SeamlessHR plans to build out its embedded finance offerings and provide additional functionalities, especially around artificial intelligence, data analytics and machine learning.

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Artificial Inteligence Software Review Banking Resources 347

TechCrunch

MARCH 16, 2021

One company working to serve that need, Socure — which uses AI and machine learning to verify identities — announced Tuesday that it has raised $100 million in a Series D funding round at a $1.3 billion valuation. Given how much of our lives have shifted online, it’s no surprise that the U.S.

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TechCrunch

DECEMBER 6, 2022

It plans to become cash flow positive within the next 12 months, and recently announced a digital banking partnership with Singapore financial service corporation OCBC. Machine learning is used to collect, extract and categorize financial data and reconcile it with bank transactions.

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CIO

MARCH 20, 2025

Sumana De Majumdar, global head of channel analytics at HSBC, noted that AI and machine learning have played a role in fraud detection, risk assessment, and transaction monitoring at the bank for more than a decade.

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CIO

SEPTEMBER 10, 2024

The artificial intelligence revolution is well underway, but how ready are banks and lenders to leverage the full breadth of these capabilities? And while some banks and lenders have made these integrations to varying degrees of success, others are struggling to fully embrace this next technological chapter. The jury is out.

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