Artificial Intelligence

  • KeyMe Raises $50M In Growth Funding For Key Duplication Kiosks

    April 10, 2019 KeyMe, the robotics and artificial intelligence (AI) company catering to the locksmith industry, announced on Wednesday (April 10) that it raised $50 million in growth funding. In a press release, KeyMe ...
  • AI Enters The FI Fast Lane

    April 9, 2019 It’s hard to find fault with one of the latest tests of artificial intelligence (AI). Medical diagnostic technology built by Google and a sister company can detect diabetic retinopathy — an eye ...
  • Australian Finance Regs Look To AI For Compliance

    April 8, 2019 Artificial IntelligenceAustralian financial regulators are feeling pressure to ensure financial institutions treat customers properly and have turned to artificial intelligence (AI) in an attempt to improve compliance, according to a report ...
  • AI Expert Arrives At Apple’s Special Projects Group

    April 5, 2019 AI Expert Joins Apple's Special Projects GroupAmid Apple’s efforts to bolster its hardware and software with artificial intelligence (AI), an expert in the field has joined the tech company. Ian Goodfellow is now a director of ...
  • Google AI Ethics Council Set Back By Staff Petition

    April 2, 2019 As Google pursues deals for cloud computing, the tech company formed a council to handle artificial intelligence (AI) challenges. The council is facing the departure of a behavioral economist, and ...
  • Google CEO, Trump Discuss Gov’t Cooperation

    March 28, 2019 Google CEO Sundar Pichai met with President Donald Trump on Wednesday (March 27) to discuss the tech company’s dealings with the U.S. government. “I just met with Sundar Pichai, president of ...
  • Can AI Turn Banks Into FinTech Firms?

    March 28, 2019 Feedzai banking AIThere are no incumbent banks that are not paying attention to what the challenger banks are doing. What might have been written off even five years ago as a fad for digital financial services ...
  • Smartwatch And AI Startup Mobvoi Close To $1B Valuation With Google’s Help

    March 27, 2019 China investmentsMobvoi, a China-based artificial intelligence (AI) startup, has almost secured funding to value the company at upwards of $1 billion before an initial public offering, according to a report by ...
  • Google Parent Firm Creates AI Ethics Committee

    March 27, 2019 The rise of artificial intelligence (AI) is giving rise to more questions about its ethical use. Now, Google’s parent company, Alphabet, is creating what Reuters called “a global advisory council ...
  • QSRs Get Smarter With The Help Of AI

    March 26, 2019 Artificial IntelligenceBack in the day fast food and other QSR operations were not exactly known as centers of cutting-edge technology. Now QSR operations are getting smart, so to speak, via artificial ...
  • McDonald’s Buys AI-Personalization Company Dynamic Yield

    March 26, 2019 Dynamic Yield, the artificial intelligence powered personalization platform operator, announced it is being acquired by fast-food chain McDonald’s. In a blog post, Dynamic Yield Chief Executive Liad Agmon said the company ...
  • InfinityAR Is Being Acquired By Alibaba’s Israel Machine Vision Laboratory

    March 25, 2019 InfinityAR, the Israeli mixed reality platform company, announced Monday (March 25) that it’s being acquired by Alibaba’s Israel Machine Vision Laboratory. In a press release, the company said that it had ...
  • The Amazon/Walmart Whole Paycheck Tracker: The Siren Song of Enhanced Efficiency

    March 22, 2019 Shopping in the early 20th century was not a terribly efficient experience for the consumer. Buying meat was one market, seafood another, produce yet another — and bread or dessert ...
  • Catering To Instant Gratification With Automated Retail

    March 22, 2019 Offering two-day delivery is the new standard — yet, even that isn’t fast enough for consumers who want to buy products on the go. Automated stores are helping eTailers bridge ...
  • Armoire And Building A Fashion Brand That Isn’t A Fashion Brand

    March 20, 2019 Armoire styleWomen spend a lot of time shopping for clothes each year — by some estimates some 200 hours, or about 8.3 days. Interestingly, though, they aren’t wearing all the clothes ...
  • Healthcare’s Cure For Ailing Passwords: Biometrics

    March 20, 2019 The average North American consumer is projected to have access to 13 networked devices by 2021, while the typical global user will have access to four. As consumers add to ...
  • Faster Payments, Faster Fraudsters

    March 19, 2019 Real-Time Payments Attracts FraudstersThe following Deep Dive takes an in-depth look at how real-time payments and P2P services are enabling faster transactions for users and opening new opportunities for fraudsters to steal funds.
  • The Kinder, Gentler AI-Powered Call Center

    March 19, 2019 When it comes to interacting with call centers, consumers have become increasingly comfortable with automation. In fact, customers are starting to chafe at traditional authentication methods: 74 percent agree that ...
  • Deep Dive: An Automated Approach To The $2T Global Money Laundering Problem

    March 18, 2019 Deep Dive: AI Takes On Global Money Laundering The term “money laundering” is believed to have originated as a result of infamous Chicago gangster Al Capone’s habit of channeling criminally obtained funds through laundromats, as their cash-heavy nature ...
  • China Sneaks Up On US In AI Research Race

    March 14, 2019 Artificial IntelligenceA new report has revealed that China is gaining ground on the U.S. in artificial intelligence (AI) research. Seattle-based Allen Institute for Artificial Intelligence found that China has seen a rise ...
  • Apple Buys ML Co Laserlike To Enhance Siri

    March 14, 2019 Apple Debuts Apple Credit CardApple has acquired machine learning startup Laserlike to boost its artificial intelligence (AI) efforts, including Siri. According to The Information, the acquisition, which was confirmed by Apple, closed late last year ...
  • How Wells Fargo Uses AI, Biometrics To Fight Money Laundering

    March 13, 2019 AIWith fraud attempts continually on the rise around the world, financial institutions have their work cut out for them. They must remain fully compliant with regulatory standards and combat fast-learning ...
  • How Wells Fargo Uses AI, Biometrics To Fight Money Laundering

    March 12, 2019 Digital banking customers of today aren’t looking for the bank with the newest features — they’re looking for the bank that can keep their data safe. Any security mishap can ...
  • Comcast Buys AI Cybersecurity Firm BluVector

    March 4, 2019 Comcast Buys AI Cybersecurity Company BluVectorComcast announced Monday (March 4) that it has acquired BluVector, a company that uses advanced artificial intelligence and machine learning to provide cybersecurity protection to companies and government agencies. In a ...
  • Ghosts Of Payments Fraud Past: Enron CEO Skilling Freed From Custody

    March 1, 2019 Enron may be hazy in the minds of some, but former CEO Jeffrey Skilling’s release from jail and federal custody shows that payments fraud is nothing new. In Florida, scams using ...
  • Amazon Debuts Third Alexa Accelerator Program

    February 26, 2019 Amazon-Alexa-accelerator-techstarsAmazon’s Alexa Fund has announced the launch of the third year of the Alexa Accelerator, powered by Techstars. Up to ten companies from around the world will be selected to participate in ...
  • What Smart, Conversational AI Adds To Credit Scoring

    February 26, 2019 Traditional credit-scoring models have not had it easy in the court of public opinion over the last few years. The complaints vary in their specifics, but all revolve around a basic ...
  • Domino’s Looks To AI, Loyalty And ‘Fortressing’ For More Growth

    February 21, 2019 Domino’s Looks To AI, Loyalty And ‘Fortressing’Loyalty stood as one of the big themes of the 2018 fourth quarter for Domino’s Pizza. Not only did the chain’s Piece of the Pie loyalty program contribute “meaningfully to our ...
  • When Conversational AI Meets The QSR Drive-Thru

    February 20, 2019 QSR Drive-ThruSome entrepreneurs develop new tools after they find that existing technology doesn’t meet the needs of a specific market: Valyant AI CEO and Founder Rob Carpenter, in one case, realized ...
  • Safe-Driving AI Startup Newton Joins Team At Nauto

    February 20, 2019 newton-nauto-safe-drivingSafe-driving AI startup Newton Technologies has announced that it is joining Nauto, a transportation company working to make human drivers and autonomous vehicles safer. Launched in 2017, Newton utilized artificial intelligence ...
  • Facebook Aims To Advance AI By Creating Its Own Chips

    February 18, 2019 Facebook Aims To Advance AI With Its Own ChipsFacebook wants to create its own chips to deliver the type of computing speeds necessary to take the next leap forward in artificial intelligence, according to a report in the ...
  • Data As A Prescription For FIs And Healthy Healthcare Collections

    February 15, 2019 Data is everywhere, and ripe for the mining. It can help financial firms offer better services and can help healthcare providers set up payment plans tailored to individual clients’ needs ...
  • Great Expectations (And Demand) For Gig Workers And Digital Services Gone Global

    February 14, 2019 Gig Workers And Digital Services Gone GlobalThe idea of “on demand” is firmly entrenched in the consumer mindset – increasingly so, as services are ever more digital, and rendered on a global scale. The opportunity is ...
  • Microsoft President, Pope Talk AI

    February 14, 2019 Microsoft President and Chief Legal Officer Brad Smith and Pope Francis met for 30 minutes on Wednesday (Feb. 13) to discuss “artificial intelligence at the service of the common good, ...
  • Apple, IBM CEOs To Advise On Trump Workforce Policy

    February 14, 2019 Apple CEO Tim Cook and IBM CEO Ginni Rometty have been appointed to President Donald Trump’s advisory board that aims to direct the future of workforce policy. The U.S. Department of Commerce ...
  • What FIs Don’t Understand About AI And ML

    February 14, 2019 Artificial intelligence (AI) and machine learning (ML) aren’t part of a far-off future. They are here, and they are at the bank. In fact, 100 percent of modern financial institutions (FIs) ...
  • Bringing Contextual Commerce To The TV Screen

    February 13, 2019 Bringing Contextual Commerce To The TV Screen The average Android user spends 53 minutes per day on Instagram. Add in the time spent on Facebook, Pinterest and other platforms, and consumers are scrolling past thousands of images ...
  • Why Contextual Commerce Is Retail’s Future Now

    February 12, 2019 Contextual CommerceShopping is a social experience in more ways than one. Consumers are busy, attached to their smartphones and used to scrolling past thousands of product images per day. They’re using ...
  • Trump Debuts AI Development Initiative

    February 11, 2019 Trump To Announce Initiative For AI DevelopmentPresident Donald Trump is gearing up to sign an initiative later on Monday (Feb. 11) that will focus on artificial intelligence development in the U.S. in an effort to stimulate ...
  • Finding A One-To-Many Connection In Supply Chain Payments

    February 11, 2019 Supply chains aren’t so much chains as they are intricate webs of connections between business partners: buyers, suppliers, logistics providers, banks, customs agents, FinTech platforms — the list goes on. At ...

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