Yields.io to integrate AI in family bank’s risk management practices
Argenta, a BeNeLux focused family bank and insurance provider has enlisted the services of fintech Yields.io to propel themselves to “the forefront of the European market for the use of artificial intelligence in the risk management process”. Yields.io will provide their platform that uses AI for automated model validation and real-time monitoring on an enterprise-wide […]
Synechron taking a leap forward in artificial intelligence
Synechron takes a step forward in its involvement with artificial intelligence in announcing the launch of its AI Data Science Accelerators. The platform consists of a powerful set of accelerators, aiming to help financial services, banking and insurance firms. The accelerators integrate natural language processing (NLP), deep learning algorithms and data science to solve challenging business […]
Member Spotlight: SoftServe
In the words of Guillaume Kendall—Director, Fintech & DLT, “SoftServe was founded in 1993 in response to a request from General Electric in North America to help them migrate database technologies.” Today, SoftServe is headquartered in Austin, Texas and has 30 offices globally including: Lviv, London, Berlin, Sofia, and Wroclaw. The company predominantly specializes in: […]
Member Spotlight: Hydrogen
Hydrogen is a New York City-based fintech positioning itself as the global financial platform for the Web 3.0, which is the coming paradigm for how we will both develop and interact with the internet. While definitions for the term are not set in stone, Eric Stepansky, Enterprise Growth Manager at Hydrogen, says Web 3.0 will […]
Nordea uses Robots to handle GDPR processing
The General Data Protection Regulation, which went into effect May 25th, gives consumers more control over how companies use their personal data. Nordea, one of the largest Nordic banks, is dealing with the time-consuming task of request processing by employing Robotics Process Automation (RPA), a new technology that utilises “intelligent automation”. Nordea estimates that manually […]
Week 21: Research in a Glance
Breaking down the Blockchain by PYMTNS An e-book compilation of expert, stakeholder and industry veteran opinions on the true utility of blockchain and its disruptive potential in business applications. Trends in innovation, diversity and inclusion by Anthemis Group Drawing from the survey results of senior executives, the report is an overview of innovation, diversity and […]
Kempen advises Dacadoo in closing Series B funding round
Under the advice of investment company Kempen, global insurtech dacadoo has successfully closed its latest Series B funding round with the inclusion of a renowned Belgian private investor, who will also be joining dacadoo’s board of directors. The proceeds will be used to fund dacadoo’s international growth strategy for the next two years, specifically in […]
Atos pushes the frontiers of Quantum simulation
During its 4th Quantum Scientific Council meeting held at its Paris headquarters last Friday, Atos, a global leader in digital transformation, has announced that it has made a significant breakthrough in quantum simulation by successfully modeling quantum noise. Researchers at the Atos Quantum Laboratory have successfully modeled ‘quantum noise’, which elevates the realism and accuracy of simulations to […]
Blockchain and AI in LegalTech
Blockchain use is increasing. AI technology is developing. What effect does this have on the LegalTech industry? How does this relate to activity in fintech? Why do people talk about blockchain so much? Because it is the answer to many questions, one such question is cyber security. Raconteur in its special ‘Legal Innovation’ report found that […]
GTT acquires Interoute for €1.9 billion
GTT Communications, Inc., the global cloud networking provider to multinational clients, has announced that it will acquire Interoute, London-based operator of one of Europe’s largest independent fiber networks and cloud networking platforms, for approximately €1.9 billion ($2.3 billion) in cash. GTT expects to close the transaction within three to six months. Operational and strategic integration is […]