AIRSS

Verizon jumps on the AI-security bandwagon

funding

Verizon’s venture capitalist arm has started throwing its weight around the security arena, pumping cash into artificial intelligence (AI) start-up SparkCognition.

Money20/20 Europe: let AI negotiate

Money20/20 Europe 2017: KAPOW!

Are trends eclectic for artificial intelligence (AI)? Perhaps not as the fintech world is getting more imaginative and calling for the machines to negotiate on behalf of less-than-objective humans. At this morning’s (26 June) sessions at Money20/20 in Copenhagen, the themes of AI use cases in financial services and fraud were discussed.

Softbank ups investment in security AI firm Cybereason

Robots

Softbank has upped its investment in security firm Cybereason, as the focus on artificial intelligence (AI) continues.

USAA invests in AI tech vendor CognitiveScale, implements its products

UBS and StatPro agree acquisition deal

USAA, a banking and insurance provider that focuses on the US military personnel and their families, has made a “strategic investment” in machine intelligence software vendor CognitiveScale.

Oracle taps into AI buzz to calm security fears

Cybercrime

Oracle has announced a number of updates to its security portfolio focusing on leveraging the buzz surrounding machine learning, artificial intelligence (AI) and contextual awareness technologies.

Cognitive computing is not cognitive at all

Roger Schank

IBM are not doing “cognitive computing” no matter how many times they say they are.

Knowledge economy in financial services: from curator to conductor

Chris Truce, Saxo Bank

Once upon a time, not so long ago, companies tried to generate new business by sending marketing messages to prospective clients by post. Direct or “junk” mail – sending a leaflet or letter to anyone for whom the firm had a job title, street address or postcode – was pretty unsophisticated, often derided as a “scattergun” approach.

How future technologies are transforming banking

Raoul Van Engelshoven, IBM

How two key technologies – cloud and cognitive – can aid banking transformation.

The future of insurance is collaboration

Collaboration

To the outside observer the insurance industry may look very conservative with dominant global companies and local players operating in the way they have done for years and with very little interaction with their customers. But this is changing.

Co-bots, not robots: the next big step for AI in insurance

Robot

Many have proclaimed that 2017 will be “the year of artificial intelligence (AI)”, with a 300% increase in investment in its technologies predicted compared with 2016. Start-ups with AI at the core of their business in particular will be looking to benefit from this surge in investment capital, as they did last year when 550 raised $5 billion in funding.

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