AI / Machine Learning / Big Data

Machine Learning is Fun! Part 4: Modern Face Recognition with Deep Learning

By Adam Geitgey for his Medium Blog

Update: This article is part of a series. Check out the full series: Part 1Part 2Part 3Part 4Part 5Part 6Part 7 and Part 8!

You can also read this article in 普通话Русский한국어PortuguêsTiếng Việtor Italiano.

Have you noticed that Facebook has developed an uncanny ability to recognize your friends in your photographs? In the old days, Facebook used to make you to tag your friends in photos by clicking on them and typing in their name. Now as soon as you upload a photo, Facebook tags everyone for you like magic:

Facebook automatically tags people in your photos that you have tagged before. I’m not sure if this is helpful or creepy!

AI / Machine Learning / Big Data, Global trends

July 13, 2018


Motif Introduces Artificial Intelligence Portfolio

By Motif Investing

Motif launches its newest thematic portfolio focused on companies at the forefront of Artificial Intelligence (more…)

AI / Machine Learning / Big Data, Wealth management

April 4, 2018


Monetary Authority of Singapore Works with Finance Industry on Ethical Use of Data and AI

The Monetary Authority of Singapore (MAS) has announced that it is working with key financial industry stakeholders to develop a guide to promote the responsible and ethical use of artificial intelligence (AI) and data analytics by financial institutions. (more…)

AI / Machine Learning / Big Data, Global trends, Government activities, Hotnews

April 3, 2018


Yolt pairs up with Monzo

Yolt, the smart thinking money app owned by ING, has integrated with the UK’s biggest challenger bank, Monzo. (more…)

AI / Machine Learning / Big Data, Fintech news, Hotnews, Mobile-first banks

March 26, 2018


Savings chatbot Plum introduces ethical investment tool

British money management chatbot Plum has launched an investment tool that lets users choose where their money goes. (more…)

AI / Machine Learning / Big Data, Hotnews, PFM/PFP services, Wealth management

March 26, 2018


OCBC Bank is to launch its own AI Unit


With an initial investment of $10M over three years, OCBC Bank adopts an ‘AI-first’ strategy in developing digital capabilities (more…)

AI / Machine Learning / Big Data, Banks, Hotnews

March 14, 2018


Artificial Intelligence (AI) and FinTech

By Gaurav Sharma

The speed of technological change is exponential. What was yesterday’s hot ticket quickly becomes tomorrow’s old news. We are living in the midst of a huge surge of interest and research in Artificial Intelligence (AI). It seems like every week there is a new breakthrough in the field and a new record is set in some task previously done by humans. If you don’t already know what IoT, AI, VR, AR, and bots mean, you better get up to speed immediately because these technologies are changing the way data is created, collected, interpreted, and communicated.


AI / Machine Learning / Big Data, Blockchain, Fintech news

February 19, 2018

Yes Bank to offer ATM withdrawals using Aadhaar ID and biometric authentication

Nearby Technologies has partnered with YES BANK, India’s 5th largest private sector bank and worked closely with National Payments Corporation of India (NPCI) to launch a card less and PIN-less Aadhaar ATM service. (more…)

AI / Machine Learning / Big Data, Banks

January 9, 2018

Horizons Ventures backs AI startup Fano Labs in first Hong Kong investment

By Jon Russel for TechCrunch

Horizons Ventures, the VC firm founded by Hong Kong’s richest man Li Ka-Shing, has made a rare early-stage investment after it backed AI startup Fano Labs. (more…)

AI / Machine Learning / Big Data, Deals

December 18, 2017


The Demand for Data Scientists

By Iliya Valchanov, Co-founder of Originally published on Quora.

According to Glassdoor, in 2016 data science was the highest paid field to get into. (more…)

AI / Machine Learning / Big Data, Global trends

December 11, 2017


BofA Merrill Lynch unveils Card Assistant

Bank of America Merrill Lynch has launched a digital tool that delivers information and education to commercial card clients. (more…)

AI / Machine Learning / Big Data, Banks, Bots, Credit/Debit/Prepaid cards

November 16, 2017

Fidelity latest financial firm to facilitate data sharing with fintechs

By Penny Crossman for American Banker

Fidelity Investments is joining the ranks of financial firms sharing customer account data with others through an application programming interface. (more…)

AI / Machine Learning / Big Data, Banks, Fintech news, Global trends

November 14, 2017


Standard Chartered to roll out AI chatbot

Standard Chartered is to launch an AI-powered chatbot to provide clients with natural language assistance in managing money, making payments and analysing their spending. (more…)

AI / Machine Learning / Big Data, Banks, Fintech news, Hotnews

November 14, 2017

ANZ acquires proptech startup REALas


ANZ has acquired a startup that uses data analytics and crowdsourced market chatter to provide prospective home buyers with accurate predictions of property price momentum in Australia’s fervent real estate market.

Launched in 2011, the REALas price prediction is calculated using a proprietary algorithm developed with RMIT University, property buyers and real estate experts. (more…)

AI / Machine Learning / Big Data, Banks, Deals, Hotnews

October 3, 2017


ABN Amro launches Sustainable Investment Tool

By ABM Amro

From the local florist stall to the large metalworking factory in an industrial park – starting today, all of ABN AMRO’s business clients can go online to see what they can do to make their commercial premises more sustainable. (more…)

AI / Machine Learning / Big Data, Banks, Global trends, Hotnews, Wealth management

September 28, 2017

Envestnet/Yodlee debuts AI-based FinCheck Wellness app

By Envestnet / Yodlee

Envestnet | Yodlee (NYSE: ENV), a leading data aggregation and analytics platform powering dynamic, cloud-based innovation for digital financial services, is demonstrating its vision of the Artificial Intelligence (AI) FinCheck app at FinovateFall in New York City. (more…)

AI / Machine Learning / Big Data, Analytics, Deals, Fintech news, Global trends

September 13, 2017

Nordea to deploy AI to speed up customer service

Nordea is to introduce artificial intelligence technology to analyse customer text queries and forward the correspondence to the right department. (more…)

AI / Machine Learning / Big Data, Banks

July 10, 2017

Credit Karma touts $500 million in revenues

by  for Techcrunch

It turns out that you can make a lot of money by giving stuff away for free. That’s the lesson from Credit Karma, which today is announcing that it’s running its business profitably after earning $500 million in revenues last year. (more…)

AI / Machine Learning / Big Data, Analytics, Hotnews

June 29, 2017


SoftBank buys Alphabet’s robotics businesses Boston Dynamics and Schaft

By Reuters,

Japan’s SoftBank Group Corp said on Friday that a unit of the company will buy two firms that build walking robots from Alphabet Inc , which would add to the group’s growing artificial intelligence portfolio. (more…)

AI / Machine Learning / Big Data, Deals, Global trends

June 9, 2017


What is machine learning debt?

By Matthew Kirk for O’Reilly Blog

We truly live in an exceptional point in history. The ability to ask your TV to queue up the next episode of Game of Thrones, or to have it “learn” what you like to watch, and then suggest new options, is staggering. For years, companies have latched on to the trend of utilizing machine learning algorithms for great effect, whether it’s trading on Wall Street or recognizing cat images. (more…)

AI / Machine Learning / Big Data, Global trends

June 9, 2017


Riskopy acquired by Coupa for data aggregation capability

By Coupa

Coupa Software, a leader in cloud-based spend management, today announced that it has acquired substantially all of the assets of Riskopy, Inc. (more…)

AI / Machine Learning / Big Data, Deals, Global trends

May 22, 2017


How AI is used to infer human emotion

By Nicole Tache for O’Reilly blog

Rana el Kaliouby is the co-founder and CEO of Affectiva, an emotion measurement technology company that grew out of MIT’s Media Lab. Rana is giving a talk, The science and applications of the emerging field of artificial emotional intelligence, at the Artificial Intelligence Conference in New York City on June 28, 2017. We recently caught up with Rana to discuss the techniques, possibilities, and challenges around emotion AI today. Our conversation has been edited for clarity. (more…)

AI / Machine Learning / Big Data, Global trends, Interviews

May 22, 2017


Deutsche Bank backs pan-industry online identity platform

Deutsche Bank is teaming up with a host of major firms to set up a platform for online registration, e-identity and data services. (more…)

AI / Machine Learning / Big Data, Banks, Deals, Global trends, Hotnews

May 9, 2017


RBS gives AI a helping hand with ‘hybrid bots’

The Royal Bank of Scotland is rolling out a customer service “hybrid bot” from vendor LivePerson that hands over to a human colleague if questions flummox its artificial intelligence. (more…)

AI / Machine Learning / Big Data, Banks, Bots, Global trends, Hotnews

May 4, 2017


WeChat maker Tencent opens AI lab in US

By Steven Millward for Tech in Asia

Tencent, China’s US$300 billion tech giant and maker of the popular messaging app WeChat, today confirmed it has opened a lab in Seattle devoted to AI tech. The social media and gaming company also confirmed it has poached Dong Yu, a former principal researcher at Microsoft Research, to head its AI lab. (more…)

Accelerators/Incubators/Labs, AI / Machine Learning / Big Data, Hotnews, InspirAsia

May 2, 2017


Quovo Raises $10M In VC Funding To Accelerate Growth

Quovo, a data platform providing insights and connectivity for financial accounts, announced Wednesday (April 26) that it has raised $10 million in Series B funding. (more…)

AI / Machine Learning / Big Data, Financial Markets / Trading, Fintech news, Global trends

April 27, 2017


Scaling machine learning


AI / Machine Learning / Big Data

April 25, 2017

Wells Fargo to pilot AI-based Messenger bot

Wells Fargo is boarding the chatbot train, launching a pilot of an AI-based customer services agent within Facebook’s Messenger platform. (more…)

AI / Machine Learning / Big Data, Banks, Bots

April 20, 2017


Robo Advisor Wealthfront Launches Line of Credit to Make Users More Liquid

By Julie Muhn for Finovate

Robo advisor pioneer Wealthfront must know that opposites attract: in this case, it’s saving and investing. Today, the company launched a securities-based lending option– a line of credit that allows its users borrow against their own savings accounts. (more…)

AI / Machine Learning / Big Data, Hotnews, p2p/online lending, Wealth management

April 20, 2017


Lloyds partners Microsoft to pilot facial recognition access to online banking

Lloyds is teaming up with Microsoft to pilot the use of fingerprint and facial recognition technology for online banking logins on Windows 10 devices. (more…)

AI / Machine Learning / Big Data, Banks, Global trends, Hotnews, Influences FinTech

April 18, 2017