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SIX Payment launches AI-based solution to help merchants with fraud

SIX Payment Services has launched a ‘revolutionary AI-based product’ to help merchants manage the cost of fraud.

The Hive closes Fund III on $26.5m to help back over...

Venture fund and co-creation firm for AI-powered businesses The Hive has closed its third vehicle on $26.5m.

Mosaic Smart Data to apply space tech to financial markets

Mosaic Smart Data and ESA Business Applications is looking to apply its machine-learning models used in Space Systems to financial markets.

LawGeex brings in $12m to automate contract review

LawGeex, which is using AI to help in-house legal teams automate the review and approval of contracts, has raised $12m in funding.

Ocrolus lands $4m to automates financial document reviews

Ocrolus, which automates financial document reviews, has landed $4m in Series A funding.

HSBC to deploy AI to stop money laundering

HSBC is using artificial intelligence to help it spot money laundering, fraud and terrorist funding.

Ansarada collects $18m, to support US, EMEA expansion

Ansarada, an AI-powered platform for global business readiness, has collected $18m in its Series A round.

HMRC to use AI for complicated tax compliance

HM Revenue and Customs, a department of the UK Government, is looking at how artificial intelligence could be used for compliance and complex tax cases.

Digital Reasoning collects $30m in BNP Paribas-led round

RegTech 100 company Digital Reasoning, which uses AI to understand human intentions and behaviours, has raised $30m in new funding.

Feedzai expands into APAC with Hong Kong office

Feedzai, which uses AI and machine learning to manage risks associated with banking and shopping, is expanding its global reach with the opening of an office in Hong Kong.

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