Co-founded by Open AI’s CEO, Sam Altman, this initiative aims to protect economic privacy while defining humans from AI entities. All people can get WLD – all they have to do is visit orbs presently located in certain cities throughout the world, identify themselves and scan their irises to verify personhood. By doing this, a…
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Banking and financial services have generally been viewed as a staid and conservative sector of the business community, but technology allows no one to escape the threats of competition armed with innovative and disruptive ideas, as evidenced by the emergence of fintech. Artificial Intelligence (AI) and blockchain, along with a host of other innovation trends,…
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LeapRate Exclusive... LeapRate has learned that AI based solutions provider ArtuData’s AI is now pre-configured with Predictive Lead-Scoring technology in Singapore-based back-office CRM SaaS provider Backpack.io. Using ArtuData’s AI powered Predictive Lead-Scoring technology, Backpack’s clients can now predict who of their many thousands of leads is likely to deposit, and in the near future, predict customer lifetime value,…
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LeapRate Exclusive... Many companies are opening up for projects involving artificial intelligence nowadays - ArtuData added to Intel’s NERVANA Artificial Intelligence startups program back in 2017; Credit Suisse launched an Artificial Intelligence Sentiment Index using RavenPack AI algorithms; Clearstream teamed up with the Interdisciplinary Centre for Security, Reliability and Trust (SnT) at the University of Luxembourg to…
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The financial services industry has never been as exciting as other technology-driven genres. Things, however, changed a few years back, when blockchain technology and cryptocurrencies seized the imagination of the public, and more importantly, the imagination of entrepreneurs, investors, and the venture funding establishment. The new buzzword around town became “FinTech”, a bit sexier than…
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David Shrier of Distilled Analytics and Joseph Weinberg of Shyft Network have announced a multi-year partnership to deliver next generation biometric identity solutions leveraging blockchain technology, artificial intelligence, and advanced analytics to combat the expanding global issue of identity verification, theft, and fraud. A predictive identity solution from Distilled Analytics, in partnership with Shyft Network’s…
Read moreInformation giant Thomson Reuters (NYSE:TRI) announced that it has enhanced its World-Check One platform with the launch of Media Check, a unique media screening and processing feature powered by artificial intelligence (AI) that helps address the regulatory and reputational consequences of overlooking key data in the fight against financial crime. Media Check’s machine learning capability…
Read moreThe Monetary Authority of Singapore (MAS) has announced that it is working with key industry stakeholders to develop a guide to promote the responsible and ethical use of artificial intelligence (AI) and data analytics by financial institutions. The guide will set out key principles and best practices for the use of AI and data analytics,…
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Japan Exchange Regulation (JPX-R) and Tokyo Stock Exchange, Inc. (TSE) announced that they have decided to apply artificial intelligence (AI) to market surveillance operations to detect such misconduct as market manipulation. Deployment of AI to market surveillance operations will commence today. In surveillance operations of the TSE market for monitoring and preventing unfair trading, a…
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Clearstream, University of Luxembourg and consulting firm escent launch joint research project Post-trade services provider Clearstream, part of Deutsche Börse Group, just announced that it has entered a collaborative research partnership with the Interdisciplinary Centre for Security, Reliability and Trust (SnT) at the University of Luxembourg. Over the next four years, a joint research project…
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