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Dimon of JPMorgan emphasizes the "critical" significance of AI.

Jamie Dimon, the CEO of JPMorgan Chase, highlighted the "critical impact" of artificial intelligence and the "essential" significance of cloud migration in his annual letter to shareholders.

By Madilyn Swift | April 10, 2024 | 0 Comments

A domain-specific short language model for finance, accounting, and procurement is introduced by Auditoria.AI.

theaters.The latest updates to AI's ERP-centric cognitive automation platform, which features an industry-first domain-specific small language model (SLM), cutting-edge human-in-the-loop technologies, and multiple options for large language model usage, were announced today by AI, the pioneer in automated, AI-powered intelligent applications for finance.

By Madilyn Swift | April 10, 2024 | 0 Comments

French AI firm is acquired by Linedata

A renowned French startup that specializes in creating artificial intelligence (AI) platforms and services for the financial services industry, DreamQuark has been acquired by Linedata (Euronext Paris: LIN), a global provider of asset management and credit technology, data, and services.

By Madilyn Swift | April 08, 2024 | 0 Comments

Fintech investment drops to a 7-year low.

According to recently released information, global funding for the fintech industry has dropped to its lowest point since 2017.

By Madilyn Swift | April 08, 2024 | 0 Comments

NTT Data: Using Banking to Revolutionize Corporate Risk Hedging

In this in-depth interview, we discuss how banking services may transform corporate risk hedging with Marc Garay of NTT DATA Corporate & Investment Banking.

By Travon Stracke | April 08, 2024 | 0 Comments

Publicis Sapient: Using Gen AI and ML to Transform Finserv

In this in-depth interview, Sean O'Donnell of Publicis Sapient discusses how Gen AI and ML are redefining finserv.

By Travon Stracke | April 06, 2024 | 0 Comments

CaixaBank investigates using AI to combat online risks.

CaixaBank will participate in two European consortia aimed at thwarting cyberthreats and offering a quicker, more secure response in the case of an incident.

By Madilyn Swift | April 04, 2024 | 0 Comments

Iceberg Data Lab raises $10 million in capital.

A premier supplier of climate and biodiversity data solutions to financial institutions, Iceberg Data Lab ("IDL"), today announced the first closure of its Series A at US$10 million (GBP £8 million).

By Madilyn Swift | April 03, 2024 | 0 Comments

Controlling the customer experience: AI's impact on response time

It is impossible to overestimate the significance of quick client response times in today's hectic corporate world. Imagine sending an email expecting a quick response, only to have days go by with no response at all. A potential client connection can quickly deteriorate due to this lack of participation, leaving people feeling disregarded and unappreciated. Given that 88% of consumers compare a company's total experience to the quality of its services, it is becoming more and more important for businesses to give prompt responses top priority.

By Tyree Schoen | April 02, 2024 | 0 Comments

$8.1 million is raised by ValidMind for an AI risk management tool.

Seed funding totaling $8.1 million has been secured by ValidMind, an AI and model risk management platform for the financial services industry.

By Madilyn Swift | April 02, 2024 | 0 Comments