About Artificial Intelligence

AI regulation might prevent the European Union from competing with the US and China.

Interview with Head of Engineering of Aion Financial Technologies about building SME finance platforms with the help of AI.

ComplyAdvantage has appointed Jim Anning as its Chief Data Officer, demonstrating the company's emphasis on data innovation and insights. Anning's appointment reflects ComplyAdvantage's commitment to anti-money laundering and countering financial terrorism services. Anning's extensive experience is expected to further advance the financial crime risk detection technology that underpins the company's service. ComplyAdvantage is the financial industry's leading source of AI-driven financial crime risk data and fraud detection technology.

Advanced generation AI models are shaping the future of the banking industry, offering transformative potential and creating new challenges. In this comprehensive article, we explore the evolution of generative AI models, their impact on the banking sector, and how to address the ethical and compliance concerns they raise.

Let's begin by examining the concept of failure in the securities settlement process. According to the textbook definition, it refers to the instances where the transfer of securities or other financial instruments between accounts is unsuccessful within the designated settlement period, resulting from various factors.

The famous designer, technology consultant and writer Neal Stephenson is the man who coined the term “Metaverse”. What today is the main character ...

Julie VerHage-Greenberg interviews Jeff Seibert, co-founder of Digits - a fintech platform that provides real-time accounting for small businesses....

If we have to see the upside, the pandemic forced firms to focus more on people needs, and to find easy and useful solutions to overcome the many i...

Among the innovative solutions found by fintech firms there is the frictionless checkout technology, which allows customers to just walk out of a s...

FTFT Capital Investments LLC - a subsidiary of the Future Fintech Group Inc. - launches a new crypto markets price aggregator - ftftx.com: the plat...

ChatGPT has a Chinese rival. Tongyi Qianwen is the AI model created by Alibaba. The name of the chatbot can be translated as “seeking the truth fro...

The Chief Product Officer (CPO) at Magnifi, Tom Van Horn, joins Paul Sweeney and Matt Miller, hosts of Bloomberg's show, to discuss the future of f...

AI continues to gather investments, despite the crisis that hit also the startup ecosystem. Despite the success of this sector, many concerns arise...

Kevin Baragona, the founder of DeepAI, signed the petition to pause the development of AI. he discussed his choice and the impact of artificial int...

Investments in AI could even increase in the near future: professional investors want to add AI and robotics to their portfolios in 2023. This type...

Another report, published by Market.us, confirms the success of artificial intelligence: according to the report, AI in the fintech sector alone sh...

Despite the success of artificial intelligence, the popular economist and Nobel laureate Paul Krugman said that the impact of AI won’t be so disrup...

Researchers and CEOs recently published an open letter on the Future of Life Institute website. They ask for a pause in AI development, since artif...

Despite the open letter, it might be that the market doesn’t want the development of artificial intelligence to stop. The controversy is not only b...

Aayush Mittal analyzes the effect of artificial intelligence on banking for FinTech Weekly. Generative AI is actually re-shaping the whole industry...

In the meantime, Bloomberg announced the use of artificial intelligence for financial data. The BloombergGPT would be trained with the impressive a...

FinTech Weekly analyzes the future of AI in fintech. This comprehensive outlook highlights the advantages of the use of artificial intelligence in ...

Currently, AI is playing a pivotal role in innovation. In this article, FinTech Weekly analyzes the role of AI, how it’s already impacting our econ...

Banking is for sure one of the main sectors that can benefit from artificial intelligence. AI is already reshaping this industry by improving autom...

An AI-generated image of an explosion of a building next to the Pentagon became viral – but people (and some verified accounts) thought that the im...

Artificial intelligence seems to play a pivotal role also in the disputes between the United States and China. According to the investment firm Wed...

AI continues to gather investments, despite the crisis that hit also the startup ecosystem. Despite the success of this sector, many concerns arise...

Kevin Baragona, the founder of DeepAI, signed the petition to pause the development of AI. he discussed his choice and the impact of artificial int...

Investments in AI could even increase in the near future: professional investors want to add AI and robotics to their portfolios in 2023. This type...

Another report, published by Market.us, confirms the success of artificial intelligence: according to the report, AI in the fintech sector alone sh...

Despite the success of artificial intelligence, the popular economist and Nobel laureate Paul Krugman said that the impact of AI won’t be so disrup...

Researchers and CEOs recently published an open letter on the Future of Life Institute website. They ask for a pause in AI development, since artif...

Despite the open letter, it might be that the market doesn’t want the development of artificial intelligence to stop. The controversy is not only b...

Aayush Mittal analyzes the effect of artificial intelligence on banking for FinTech Weekly. Generative AI is actually re-shaping the whole industry...

In the meantime, Bloomberg announced the use of artificial intelligence for financial data. The BloombergGPT would be trained with the impressive a...

FinTech Weekly analyzes the future of AI in fintech. This comprehensive outlook highlights the advantages of the use of artificial intelligence in ...

In the meantime in Europe, investors and business owners are concerned about the new proposed law to regulate generative AI. The AI Act is only a d...

As we discussed in our previous newsletters, top CEOs, researchers, and tech leaders recently signed an open letter where they ask to pause AI deve...

Douglas Rushkoff, professor of Media Theory at the City University of New York (CUNY), addresses the generative AI topic and AI ethics by affirming...

Also the co-founder of Ethereum, Vitalik Buterin, showed his appreciation for ChatGPT, after asking the AI chatbot to prepare a script to compute t...

AI NFTs might be the next frontier in business. The Singapore-based generative AI firm Mindverse is launching a product, in its Beta version, that ...

OpenAI and ChatGPT are also revolutionizing the fintech space. Fintech companies can use the AI chatbot especially to improve consumers’ experience...

The same is happening in the banking industry. Asia is for sure benefiting from the different benefits provided by generative AI: in Japan, three h...

Also Goldman Sachs could start using this technology, but the top bank is maybe going to train its own AI chatbot: this was suggested by Goldman Sa...

The African fintech Kredete launched its AI-based lending platform on April 16th, during an event held in Victoria Island. The new platform will al...

To get back to our discussion on how financial groups and banks are benefiting from generative AI, FinTech Weekly describes how this revolution is ...

OpenAI, the nonprofit organization founded by Sam Altman and Elon Musk then became a for-profit company, launched a new program – called Converge –...

While tech giants increasingly invest in AI, there are also increasing concerns about how far it can go. One of the last interviews to Elon Musk do...

AI in finance: can artificial intelligence replace people in Wall Street? According to two studies, it looks like it is possible that ChatGPT – or ...

Artificial intelligence, along with blockchain, was included in our list of the fintech trends for 2023. Discover how different technologies have a...

JP Morgan, one of the top US investment banks, continues to embrace tech innovations. The bank reported the creation of a new AI tool that uses Cha...

In this article, FinTech Weekly analyzes the current status of AI ethics – and why it’s so important to develop ethical artificial intelligence rig...

An AI-generated image of an explosion of a building next to the Pentagon became viral – but people (and some verified accounts) thought that the im...

Artificial intelligence seems to play a pivotal role also in the disputes between the United States and China. According to the investment firm Wed...

The sanctions imposed by the United States to protect their chips, whose technology is one the major advantages of the country under a geopolitical...

During Berkshire Hathaway’s annual meeting, Warren Buffett and Charlie Munger shared their skepticism about AI, following a question related to the...

ChatGPT has been making headlines since it was created in November 2022. The artificial intelligence model is able to write creatively, answer ques...

The financial sector is one of the many sectors that use artificial intelligence (AI) to maximize profits and improve services: fraud detection, ac...

People and businesses are increasingly interested in DLT and AI. So, why over 1,000 tech professionals asked to pause AI development? In this artic...

According to Aite-Novarica Group, in 2020 at least 47% of Americans experienced some form of identity theft, and according to CNBC $5.8 was lost in...

It is expected a new wave of consolidation in the UK fintech industry: financing rounds show that investors are willing to invest more in fintech, ...

During an exclusive interview with Alex Konrad, the co-founder of Microsoft, Bill Gates, talks about his interest in AI (artificial intelligence), ...

Benjamin Henson, host of the Fintech Insider podcast, invited Lena Hackeloer, Mary Agbesanwa and Ruth Foxe Blader to his recent podcast episode to ...

In a recent interview, Satya Mallick, CEO at OpenCV, said he believes that the development of generative AI is a significant innovation. This innov...

Tesla CEO, Elon Musk, announced the company's latest development in AI powered robots. Musk said that Optimus – the company’s robot – may outnumber...

Vic.ai, the fintech startup focused on providing enterprises with automate accounting and financial processes, launched a new tool for further cost...

Binance, the largest cryptocurrency exchange, launched a new product on Wednesday called Bicasso. This new product will use AI to turn users’ creat...

AI is being used by companies across several industries and for countless reasons. Also fintech companies can benefit from artificial intelligence:...

Benjamin Henson, host of the Fintech Insider podcast, invited Lena Hackeloer, Mary Agbesanwa and Ruth Foxe Blader to his recent podcast episode to ...

In a recent interview, Satya Mallick, CEO at OpenCV, said he believes that the development of generative AI is a significant innovation. This innov...

Tesla CEO, Elon Musk, announced the company's latest development in AI powered robots. Musk said that Optimus – the company’s robot – may outnumber...

Binance, the largest cryptocurrency exchange, launched a new product on Wednesday called Bicasso. This new product will use AI to turn users’ creat...

AI is being used by companies across several industries and for countless reasons. Also fintech companies can benefit from artificial intelligence:...

Benjamin Henson, host of the Fintech Insider podcast, invited Lena Hackeloer, Mary Agbesanwa and Ruth Foxe Blader to his recent podcast episode to ...

In a recent interview, Satya Mallick, CEO at OpenCV, said he believes that the development of generative AI is a significant innovation. This innov...

Tesla CEO, Elon Musk, announced the company's latest development in AI powered robots. Musk said that Optimus – the company’s robot – may outnumber...

Binance, the largest cryptocurrency exchange, launched a new product on Wednesday called Bicasso. This new product will use AI to turn users’ creat...

AI is being used by companies across several industries and for countless reasons. Also fintech companies can benefit from artificial intelligence:...

The sanctions imposed by the United States to protect their chips, whose technology is one the major advantages of the country under a geopolitical...

During Berkshire Hathaway’s annual meeting, Warren Buffett and Charlie Munger shared their skepticism about AI, following a question related to the...

People and businesses are increasingly interested in DLT and AI. So, why over 1,000 tech professionals asked to pause AI development? In this artic...

An AI-generated image of an explosion of a building next to the Pentagon became viral – but people (and some verified accounts) thought that the im...

Artificial intelligence seems to play a pivotal role also in the disputes between the United States and China. According to the investment firm Wed...

In this article, FinTech Weekly analyzes the current status of AI ethics – and why it’s so important to develop ethical artificial intelligence rig...

Another letter from tech personalities. Among the tech experts that signed this new statement, Sam Altman, CEO of OpenAI (the company that created ...

But fintech, as we often said, is resilient, and fintech companies continue to look for innovative solutions despite regulatory and financial issue...

San Francisco is for sure one of the US cities that most rely on tech. And investment in artificial intelligence and generative tech are an importa...

Questions arise also when it comes to the future of artificial intelligence – AI – in banking. As Alex Kreger points out, ChatGPT is the “fastest-g...

Artificial intelligence can have a huge impact also in emerging markets. As Nigel Green, CEO of deVere Group, highlighted, AI has the capability to...

But fintech, as we often said, is resilient, and fintech companies continue to look for innovative solutions despite regulatory and financial issue...

San Francisco is for sure one of the US cities that most rely on tech. And investment in artificial intelligence and generative tech are an importa...

Questions arise also when it comes to the future of artificial intelligence – AI – in banking. As Alex Kreger points out, ChatGPT is the “fastest-g...

Artificial intelligence can have a huge impact also in emerging markets. As Nigel Green, CEO of deVere Group, highlighted, AI has the capability to...

An AI-generated image of an explosion of a building next to the Pentagon became viral – but people (and some verified accounts) thought that the im...

Artificial intelligence seems to play a pivotal role also in the disputes between the United States and China. According to the investment firm Wed...

In this article, FinTech Weekly analyzes the current status of AI ethics – and why it’s so important to develop ethical artificial intelligence rig...

In this article, FinTech Weekly analyzes the current status of AI ethics – and why it’s so important to develop ethical artificial intelligence rig...

An AI-generated image of an explosion of a building next to the Pentagon became viral – but people (and some verified accounts) thought that the im...

Artificial intelligence seems to play a pivotal role also in the disputes between the United States and China. According to the investment firm Wed...

Mike Whitmire, CEO of the fintech company FloQast, analyzes the impact of artificial intelligence and automation on the job market. Inspired by the...

Fintech is not just a trend: it created a model that is sufficiently agile to recover after crises and offer solutions that can cope with an increa...

Ben Goertzel, founder of the SingularityNET Foundation, shares his thoughts about the Metaverse. Despite the digital reality is one of the most dis...

Cooperation doesn't involve only people, but also artificial intelligence. Braina is among the top essential software: Braina, a mix of “brain” and...

A pivotal element in digital lending is actually data analysis. To implement this kind of analysis, AI modeling and machine learning play major rol...

The European Union will finalize its EU Artificial Intelligence Act – EU AI Act – to regulate artificial intelligence. The act could have several i...

AI in finance. The use of artificial intelligence in the financial sector raised questions about the future of work and the fintech industry. Despi...

In this article, FinTech Weekly analyzes the current status of AI ethics – and why it’s so important to develop ethical artificial intelligence rig...

Steve Forbes discusses the main reasons why it’s not a good idea for the US government to regulate Artificial Intelligence – AI, especially in this...

IndexGPT, the ChatGPT rival created by JPMorgan Chase, was registered with the US Patent and Trademark Office (USPTO) on May 11. In April, the CEO ...

UK Labour Party’s Lucy Powell said that artificial intelligence (AI) should be regulated as pharmaceutical and nuclear industries. Concerns relate...

An interesting analogy between the dot-com boom and artificial intelligence (AI). If the two markets are really similar, it means that AI is just b...

At the Amsterdam Money 20/20, many were the definitions of generative AI given by bankers. They were positive thoughts and opinions, and even if mo...

After Meta, LinkedIn announces new AI-based tools to create different ad copies that would help users with their ad campaigns.

Special edition of Forbes Talks: the Global Head at Citi Private Bank, Ida Liu, discusses why investors should embrace artificial intelligence.

The fintech platform Trezy, focused on helping SMEs with their financial management thanks to generative AI, has secured €3 million in a seed fundi...

The DIFC – Dubai International Financial Centre – wants to increase investments in AI and Web3, and it will do that with the “Dubai AI & Web 3....

OpenAI might have a new powerful competitor. Demis Hassabis, CEO of DeepMind – the AI subsidiary of Google – said that the upcoming Google’s AI Gem...

A new episode of FI podcast to discuss recent fintech news with Jonas Lornell (Majority) and Nadia Edwards-Dashti (Harrington Starr). Among the mos...

The fintech Ramp, focused on providing automation tools to businesses to help them save time and money, announced the acquisition of the AI custome...

The popular Singapore-based Crypto.com is setting up its global innovation hub in Singapore. This will help the company to focus on innovations con...

Breaking: Google updated its privacy policy to allow data scraping for AI use cases. Good or bad news? OpenAI was already charged in California for...

The bad side of artificial intelligence. A financial service recruitment firm warns that the job market will be significantly impacted, but firms m...

The good side of artificial intelligence. One of the most fascinating characteristics of AI is that it can help with repetitive tasks, and it seems...

Breaking: Google updated its privacy policy to allow data scraping for AI use cases. Good or bad news? OpenAI was already charged in California for...

The bad side of artificial intelligence. A financial service recruitment firm warns that the job market will be significantly impacted, but firms m...

The good side of artificial intelligence. One of the most fascinating characteristics of AI is that it can help with repetitive tasks, and it seems...

The National Press Club Luncheon will host SEC’s Gary Gensler – who will address hot topics like security and artificial intelligence. What are the...

Actors and writers striking in Hollywood are against artificial intelligence: it represents a threat to creative jobs. On the other hand, synthetic...

Not only cryptos but also artificial intelligence: Gary Gensler is an AI skeptic. According to the SEC chief, AI could be the cause of the next fin...

Thanks to Artificial Intelligence + and Sanksshep Mahendra for this interesting question and insightful discussion on the effects of AI on jobs — t...

The CEO of Stability AI, Emad Moustaque, is quite pessimistic about AI. According to the CEO, even if artificial intelligence is still in its early...

OpenAI’s Sam Altman launched a new crypto project, Worldcoin. One of the core aspects of the project is World ID, a global digital passport that pr...

As Sundar Pichai, CEO of Google’s parent company Alphabet, said – during the annual developer conference – that Google is an AI-first company since...

In the meantime in fintech, cSigma, the New York-based fintech company, launched a new platform to address another huge issue businesses face today...

Anne-Marie Slaughter, Financial Times – An interesting point of view is covered throughout this article: we need to reinterpret our intelligence as...

AI & banking in Africa – First Bank of Nigeria managed to gather a number of achievements and recognitions. One of its unique features is its ...

A research team led by Monash University and Cortical Labs received a $600,000 grant from the ONI – Office of National Intelligence. The project o...

Tech giants like Amazon, Google, Meta, and Microsoft have entered the AI space. They're also aware of the risks: since generative AI can make it ea...

Illia Polosukhin addresses some of the primary concerns surrounding artificial intelligence. However, AI can be an invaluable tool to assist humans...

Amazon recognizes the vast potential in the AI sector and is making substantial investments in this field. Alongside its cloud computing arm, Amazo...

Tech giants like Amazon, Google, Meta, and Microsoft have entered the AI space. They're also aware of the risks: since generative AI can make it ea...

Illia Polosukhin addresses some of the primary concerns surrounding artificial intelligence. However, AI can be an invaluable tool to assist humans...

Amazon recognizes the vast potential in the AI sector and is making substantial investments in this field. Alongside its cloud computing arm, Amazo...

Generative AI is revolutionizing the fintech sector with ten notable use cases, from enhancing fraud detection to tailoring personalized financial ...

AI can be as revolutionary as the internet itself. Business owners, especially SMEs that might not have large financial resources, can use artifici...

Every business seeks ways to harness AI to enhance their performance. Generative artificial intelligence boasts myriad applications, including in f...

OpenAI takes a leap with the debut of ChatGPT Enterprise, a business-tier AI chatbot. Armed with GPT-4 and no usage caps, it's tested and trusted b...

Special guests Ron Shevlin and Reggie Young delve into generative AI and chatbots. They explore the revolutionary tools banks and fintechs can depl...

As AI's popularity surges, so does its appetite for energy—potentially rivaling Bitcoin. However, Bitcoin's journey offers a blueprint for mitigati...

In a €70 million acquisition, Trustly takes over SlimPay, bolstering its pan-European recurring payment services and strengthening its Direct Debit...

Lori Beer, CIO of JPMorgan Chase, is enthusiastic about AI's transformative potential. Yet, she cautions that AI's full integration into banking is...

Naver Corp launches an AI chatbot tailored for Korean users. The chatbot promises a wide range of functionalities and aims to attract users with it...

Retail Capital's ChatSME brings generative AI to the SME sector in South Africa. Unlike other platforms, it's secure and tailored specifically for ...

NVIDIA collaborates with system manufacturers to introduce AI-ready servers. These are engineered to accelerate enterprise generative AI applicatio...

Fintech and AI collide: here are the top 10 fintech startups powered by artificial intelligence, a technology that is creating disruptive solutions...

Ant Group, the Chinese fintech giant behind Alipay, has unveiled its brand new large language model (LLM), Zhixiaozhu 1.0. This AI tool is designed...

In a move to counter China's growing influence, the U.S. and Vietnam have finalized significant business deals. Spearheaded by companies such as Nv...

The impact of AI remains a topic of debate. Both analysts and workers are uncertain about how this relatively new technology will influence workfor...

FinextraTV hosts Richard Kalas and Simon Thompson to discuss recent developments in fintech, from GFT’s Banking Disruption Index to the next evolut...