Artificial intelligenceRSS

BNP Paribas is a Smart Chaser for AI-powered trade

BNP Paribas Securities Services

BNP Paribas Securities Services is implementing Smart Chaser, a trade matching tool using artificial intelligence (AI) and predictive analysis, to further automate trade processing services it provides to investment managers. According to BNP Paribas Securities Services, trade matching – the comparison of trade details between the client and its broker – must be performed in […]

It’s official – Siri is a simpleton

Siri logo

It is true, but might be a bit mean to single out the iLeader, as researchers have put various artificial intelligence (AI) programmes to the test, figuring out what the IQ of each one is. Telecoms.com (Banking Technology’s sister publication) reports that Liu Feng of Beijing Jiaotong University, Yong Shi from the Chinese Academy of […]

Bank of England fintech accelerator feels the fourth for innovation

Bank of England logo

The Bank of England’s (BoE) fintech accelerator has unleashed four new initiatives in the fields of distributed ledger technology (DLT), data storage and analysis, machine learning and cybersecurity. As reported in July, BoE revealed the third stage – such as its work with machine learning Mindbridge AI, DLT darling Ripple, and regtech bouncer Enforcd. Now […]

Central banking and fintech: a brave new world?

Christine Lagarde, IMF

This is a moment to celebrate 20 years of independence during which the Bank of England has been a stabilising force for the UK economy, inspiring others in the world of central banking.

Google bids for AI leadership with new Pixel 2 smartphone

Google goes IoT

Internet giant Google’s big gadget unveil is all about positioning itself for the artificial intelligence (AI) era, not becoming an iPhone killer, reports Telecoms.com (Banking Technology’s sister publication). The flagship product is the Pixel 2 – a product so important for Google that it blew a billion bucks on beefing up its R&D team. As […]

Google’s Deepmind sets out to tackle AI ethics

Google goes IoT

If you ask the world of technology to slow down a bit, you’re instantly branded as a technophobe. But perhaps a bit of reflection is needed in the artificial intelligence (AI) arena, reports Telecoms.com (Banking Technology’s sister publication). Google’s Deepmind is one of those which is starting to think a bit deeper about the big, […]

Why financial services should be terrified of dispensing wealth management robo-advice

Green Robot

Robo-advisors are software programmes that provide financial advice with minimal human intervention. Software has been providing advice for half a century, from portfolio management to trading strategies to currency management, and more. The novelty is providing robo-advice direct to consumers. Robo-advice costs less than “bricks & mortar & human” services, hopefully harvesting a bigger market. […]

Funding Societies interns introduce chatbot Miyu

blog_sg31

Funding Societies, a Singapore-based crowdfunding platform, has launched its chatbot Miyu. A first for such a chatbot created by a crowdfunding company in Southeast Asia. Developed by two interns at Funding Societies using bot platforms meya.ai and api.ai, combined with machine learning and natural language processing, Miyu works round the clock to answer queries about […]

Bring on the money drones

Michael Kent, Azimo: bring on the money drones

Following testing by Russia’s largest bank, Sberbank, to deliver cash to clients using a custom-made drone, the arrival of more frequent cash deliveries by drones look to be just around the corner, with reports suggesting as early as the end of 2017.

Alexa’s footprints are starting to appear all over the place

Have I got any money, Alexa?

While Google is doing its impression of a petulant child, storming home from the park with its football tucked under its arm by barring Amazon Echo Show access to YouTube, Amazon has drafted a host of reinforcements for its Alexa offensive, reports Telecoms.com (Banking Technology’s sister publication). For the most part, the majority of the news […]

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