Explainable artificial intelligence

Temenos Launches Self-Service Financial Crime Mitigation on Temenos Banking Cloud

Retrieved on: 
Wednesday, October 12, 2022
Software, Internet, Finance, Banking, Professional Services, Technology, Fintech, Security, Cloud, Navigator, API, Time, Risk, Growth, AML, KYC, Software as a service, Neo, Explainable artificial intelligence, Technology, Fraud, XAI, PEP, Industry, UBS, FCM, Ownership, Cryptocurrency, Bank, Demand flow technology, Temenos

Temenos (SIX: TEMN) today announced that it is the first to market with a SaaS offering that enables banks to manage financial crime mitigation (FCM) with composable banking services on a secure, continually evolving, self-service platform.

Key Points: 
  • Temenos (SIX: TEMN) today announced that it is the first to market with a SaaS offering that enables banks to manage financial crime mitigation (FCM) with composable banking services on a secure, continually evolving, self-service platform.
  • The Temenos banking service covers all financial crime mitigation needs from sanction screening and Politically Exposed Person (PEP) matching to AML transaction monitoring, payment fraud mitigation and KYC customer risk assessment.
  • This can be particularly relevant to mid and smaller banks where the cost of implementing and managing financial crime mitigation can be disproportionally high.
  • Adam Gable, Product Director, Temenos, said: Temenos FCM-as-a-Service is the first offering where banks can self-provision and consume financial crime mitigation as a service.

Orange Bank deploys real-time sanctions screening with SAS and Neterium

Retrieved on: 
Tuesday, October 11, 2022
API, Bradley, Risk, Government, POWER, Efficiency, AML, Partnership, Intelligence, Véronique, SAS Institute Inc v World Programming Ltd, Senior, Technology, PEP, New Zealand Security Intelligence Service, CTF, Explainable artificial intelligence, Name, Solution, Compliance, SAS, Satellite navigation device, Cryptocurrency, Fraud

CARY, N.C., Oct. 11, 2022 /PRNewswire/ -- The volume, velocity and complexity of today's sanctions screening landscape require extraordinary vigilance, backed by best-of-breed analytics and data orchestration that empower always-on monitoring and immediate action. To meet these modern-day thresholds, Paris-based Orange Bank teamed with SAS and Neterium to achieve real-time sanctions screening in the cloud.

Key Points: 
  • To meet these modern-day thresholds, Paris-based Orange Bank teamed with SAS and Neterium to achieve real-time sanctions screening in the cloud.
  • #banking
    "Our newly deployed AML-CTF platform, powered by SAS and Neterium, is already proving to be a game-changer," said Veronique McCarroll, Deputy CEO of Orange Bank.
  • Ever committed to staying at the forefront of banking innovation, Orange Bank began contemplating new sanctions screening tools in 2021.
  • "Achieving real-time sanctions screening will help Orange Bank address their compliance challenges through reduced false positives, enhanced performance and improved operational efficiency."

NetReveal® and SymphonyAI Sensa reinvent financial crime management with Sensa-NetReveal Suite

Retrieved on: 
Tuesday, October 11, 2022
Risk management, LinkedIn, PALO, Time, Insurance, IET, Seamless, Appetite, Efficiency, Machine learning, Organization, Crime, Transaction, Twitter, Acquisition, AI, Treasury, CEO, Face, Explainable artificial intelligence, UI, BAE Systems, Sensa, Phi-Sat-1, Case management, Suite, Ownership, Medical device, Cryptocurrency

LONDON and PALO ALTO, Calif., Oct. 11, 2022 /PRNewswire/ -- Financial crime detection leader NetReveal and SymphonyAI Sensa, a trailblazer in AI and machine learning to uncover criminal financial activity, today announced the launch of the Sensa-NetReveal Suite. The latest version of the market-leading NetReveal financial compliance solution, the Sensa-NetReveal Suite, integrates visionary AI technologies into the quality and depth of an established financial crime solution.

Key Points: 
  • LONDON and PALO ALTO, Calif., Oct. 11, 2022 /PRNewswire/ -- Financial crime detection leader NetReveal and SymphonyAI Sensa, a trailblazer in AI and machine learning to uncover criminal financial activity, today announced the launch of the Sensa-NetReveal Suite.
  • The latest version of the market-leading NetReveal financial compliance solution, the Sensa-NetReveal Suite, integrates visionary AI technologies into the quality and depth of an established financial crime solution.
  • The Sensa-NetReveal Suite reduces the complexities and costs financial institutions face in financial crime detection by optimizing the use of AI in risk detection and alert management without complex integrations, delayed results, or mounting overheads.
  • Simon Moss, CEO, SymphonyAI Sensa, said:"The Sensa-NetReveal Suite is changing the face of fighting financial crime.

Orange Bank deploys real-time sanctions screening with SAS and Neterium

Retrieved on: 
Monday, October 10, 2022
API, Bradley, Risk, Government, POWER, Efficiency, AML, Partnership, Intelligence, Véronique, SAS Institute Inc v World Programming Ltd, Senior, Technology, PEP, New Zealand Security Intelligence Service, CTF, Explainable artificial intelligence, Name, Solution, Compliance, SAS, Satellite navigation device, Cryptocurrency, Fraud

CARY, N.C., Oct. 10, 2022 /PRNewswire/ -- The volume, velocity and complexity of today's sanctions screening landscape require extraordinary vigilance, backed by best-of-breed analytics and data orchestration that empower always-on monitoring and immediate action. To meet these modern-day thresholds, Paris-based Orange Bank teamed with SAS and Neterium to achieve real-time sanctions screening in the cloud.

Key Points: 
  • To meet these modern-day thresholds, Paris-based Orange Bank teamed with SAS and Neterium to achieve real-time sanctions screening in the cloud.
  • "Our newly deployed AML-CTF platform, powered by SAS and Neterium, is already proving to be a game-changer," said Veronique McCarroll, Deputy CEO of Orange Bank.
  • Ever committed to staying at the forefront of banking innovation, Orange Bank began contemplating new sanctions screening tools in 2021.
  • "Achieving real-time sanctions screening will help Orange Bank address their compliance challenges through reduced false positives, enhanced performance and improved operational efficiency."

Trust Science Named One of 2022's Top/Fastest Growing Companies

Retrieved on: 
Wednesday, October 5, 2022
The Globe and Mail, Financial technology, PIPEDA, Gini, Growth, The Wall Street Journal, Achievement, Real, Software as a service, COVID, ESG, Explainable artificial intelligence, Troo, Rois, ROE, Privacy, CCPA, Table, BIPOC, Science, Company, Time, Technology, ROI, FCRA, Marketing, Industry, Behavior, Invisibility, Credit bureau, CEO, Series, Trust, Globe, ECOA, Credit, ROA, Compliance, Real estate, Bank

The award recognizes companies with over $2M in annual sales and three-year revenue growth over 50%: Trust Science easily exceeded the contest's hurdles with a three-year growth rate over 2,100%.

Key Points: 
  • The award recognizes companies with over $2M in annual sales and three-year revenue growth over 50%: Trust Science easily exceeded the contest's hurdles with a three-year growth rate over 2,100%.
  • Critically, Trust Science provides its lender customers with an accurate assessment of historically underserved populations - what Trust Science calls Invisible Primes.
  • Trust Science has been cited by PwC and Gartner and was included in the 2022 Real Leaders' Global Impact 200 list alongside other ESG-forward technology companies.
  • Trust Science is preparing to raise funds at the Series B level into one of the business world's simplest cap tables.

Four Inc. Partners with Snorkel AI as Federal Aggregator

Retrieved on: 
Monday, October 3, 2022
Trust, BlackRock, SEWP, Explainable artificial intelligence, Time, GV, Government, Stanford University, Fake Four Inc., CEO, Public sector, Organization, Information technology, Washington Technology, Friction, Insurance, Small business, Partnership, Addition, Solution, Program, Machine learning, Lightspeed Venture Partners, Business, ML, Public, Contract, Senior, Medical device, Construction

HERNDON, Va., Oct. 3, 2022 /PRNewswire/ -- Four Inc. has been named a federal aggregator for Snorkel AI .

Key Points: 
  • HERNDON, Va., Oct. 3, 2022 /PRNewswire/ -- Four Inc. has been named a federal aggregator for Snorkel AI .
  • "Our partnership with Four Inc. equips our government customers to solve their most impactful problems through data-centric AI," said Alex Ratner, co-founder and CEO, Snorkel AI.
  • Snorkel AI is leading the shift in AI application development from a model-centric to a data-centric approach.
  • "We are excited to have Snorkel AI join our aggregation program," said Chris Wilkinson, Four Inc.'s Senior Vice President of Platform Sales.

Genesys Introduces AI Experience, A Complete Way for Businesses to Orchestrate Unique Customer Journeys

Retrieved on: 
Wednesday, September 28, 2022
Cloud, Trust, Knowledge, Speech, Organization, Pressure, Explainable artificial intelligence, Mining, IDC, Intelligence, Automation, Chatbot, Technology, Artificial intelligence, Human, SAN, Conversation, Friction, Marketing, AI, Digital, Customer service, Tourism, Risk management, Video game console, Genesys

SAN FRANCISCO, Sept. 28, 2022 /PRNewswire/ -- Genesys®, a global cloud leader in experience orchestration, today introduced Genesys Cloud AI Experience, a new solution designed to help organizations optimize customer journeys through accelerated experience innovation powered by smarter personalization, automation and prediction. With the new solution, Genesys has expanded its experience orchestration capabilities, enabling organizations to listen and understand customers and employees through seamless coordination of technology, interactions and touchpoints. Now with greater ability to predict actions, automate journeys in real time and drive toward outcomes, Genesys Cloud AI Experience makes it possible for any organization to orchestrate people-centric experiences at scale, fostering long-lasting relationships.

Key Points: 
  • With Genesys Cloud AI Experience, organizations can integrate real-time data and customer signals to easily orchestrate and optimize proactive, personalized engagement across digital and voice touchpoints.
  • Genesys Cloud AI Experience removes the barrier of entry to AI for most organizations by combining conversational AI, knowledge, agent assistance, predictive routing and predictive engagement into a single integrated solution.
  • "Organizations that leverage the integrated AI capabilities of Genesys Cloud AI Experience are positioned to address radically different use cases in customer experience, increasing the breadth of their impact."
  • Genesys, the Genesys logo, Genesys Cloud CX, Genesys Multicloud CX and Experience as a Service are trademarks, service marks and/or registered trademarks of Genesys.

Arthur raises $42M in Series B funding as AI adoption soars

Retrieved on: 
Tuesday, September 27, 2022
BAM, Greycroft, Index Ventures, Gartner, Organization, Theresia, Bias, Explainable artificial intelligence, Technology, NLP, Research, AI, Intelligence cycle, Renewable energy, Medical device

NEW YORK, Sept. 27, 2022 /PRNewswire/ -- Arthur today announces the raise of $42M in Series B funding, co-led by Acrew Capital and Greycroft Ventures.

Key Points: 
  • NEW YORK, Sept. 27, 2022 /PRNewswire/ -- Arthur today announces the raise of $42M in Series B funding, co-led by Acrew Capital and Greycroft Ventures.
  • "With AI central to their future, they don't want to leave it to chance."
  • "The first companies to become AI-native will be the leaders for decades to come," said Adam Wenchel, Arthur CEO.
  • The Arthur platform monitors, measures, and optimizes AI to drive better results, and is deployed across top Fortune 100 enterprises and tech companies.

Arthur raises $42M in Series B funding as AI adoption soars

Retrieved on: 
Tuesday, September 27, 2022
BAM, Greycroft, Index Ventures, Gartner, Organization, Theresia, Bias, Explainable artificial intelligence, Technology, NLP, Research, AI, Intelligence cycle, Renewable energy, Medical device

NEW YORK, Sept. 27, 2022 /PRNewswire/ -- Arthur today announces the raise of $42M in Series B funding, co-led by Acrew Capital and Greycroft Ventures.

Key Points: 
  • NEW YORK, Sept. 27, 2022 /PRNewswire/ -- Arthur today announces the raise of $42M in Series B funding, co-led by Acrew Capital and Greycroft Ventures.
  • "With AI central to their future, they don't want to leave it to chance."
  • "The first companies to become AI-native will be the leaders for decades to come," said Adam Wenchel, Arthur CEO.
  • The Arthur platform monitors, measures, and optimizes AI to drive better results, and is deployed across top Fortune 100 enterprises and tech companies.

Feedzai named a Leader in IDC MarketScape for Responsible Artificial Intelligence in financial crime management

Retrieved on: 
Tuesday, September 27, 2022
Culture, Machine learning, Entrepreneurship, Automated machine learning, Privacy, Bill Fairband, Explainable artificial intelligence, Crime, Telecommunication, IDC, Fis, ICT, Tree, Organization, Technology, Solution, Dog, Integration, Artificial intelligence, Research, GLOBE, Responsibility, AI, Patent, Financial institution, Medical device, Risk management

LISBON, Portugal and LONDON, Sept. 27, 2022 (GLOBE NEWSWIRE) -- Feedzai , the worlds first RiskOps platform for financial risk management, announced that it has been named as a leader in the IDC MarketScape: Worldwide Responsible AI for Integrated Financial Crime Management Platforms 2022 Vendor Assessment .

Key Points: 
  • LISBON, Portugal and LONDON, Sept. 27, 2022 (GLOBE NEWSWIRE) -- Feedzai , the worlds first RiskOps platform for financial risk management, announced that it has been named as a leader in the IDC MarketScape: Worldwide Responsible AI for Integrated Financial Crime Management Platforms 2022 Vendor Assessment .
  • The IDC MarketScape evaluated the vendors on fairness, explainability, robustness, lineage and transparency the five foundational elements of responsible Artificial Intelligence (AI), or the framework that builds trust within AI solutions.
  • This recognition from the IDC MarketScape cements Feedzais position as a Leader in the Responsible AI space.
  • Feedzai is the worlds first RiskOps platform, and the market leader in safeguarding global commerce with todays most advanced cloud-based risk management platform, powered by machine learning and artificial intelligence.