AI
PXL Vision Secures CHF 4.6 Million Seed Financing Led by SIX Fintech Ventures
ETH spin-off PXL Vision has developed an AI-based software platform to deliver secure, automated identity verification. The company has now received CHF 4.6 million in a seed financing round to expand its technology and grow internationally. The financing round was
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Microsoft Announces $1.5 Billion Investment Plan to Accelerate Digital Transformation in Italy
Microsoft announced a $1.5 billion, five-year investment plan in Italy, marking a significant commitment to support local innovation and growth, including the intent to bring Microsoft’s first datacenter region to the country. The plan “Ambizione Italia #DigitalRestart” builds on the
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Onfido Secures $100 Million to Set New Identity Standard for Digital Access
Onfido, a global identity verification and authentication company, announced that it has raised a $100 million round of funding from new and existing investors, including TPG Growth. This brings the total investment in Onfido to $200 million and accelerates the company’s
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AI Driven Fintech Completes Funding Round Led by Temasek and Kuehne+Nagel’s VC Firm
Previse, an artificial intelligence and data science fintech that gets suppliers paid instantly, announces an USD11 million funding round led by Reefknot Investments and Mastercard, with participation from existing investors Bessemer Venture Partners, Hambro Perks and Augmentum Fintech. Reefknot is
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Finantix Acquires a Swiss AI-Wealthtech Company
Finantix, a global tech provider to the wealth management, insurance and banking industries, announced the execution of a binding agreement for the acquisition of InCube Group AG. The Zürich-based firm boasts an interdisciplinary team of Artificial Intelligence (AI) specialists, quant
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European Commission Unveils AI, Data Strategy
In a whitepaper released last month, the European Commission (EC) unveiled its strategy to promote the development of artificial intelligence (AI) in Europe whilst ensuring the respect of fundamental rights. The whitepaper outlines the institution’s plan to develop what it
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EU’s AI and Blockchain Investment Fund to Invest 100 Million € In Startups In 2020
As startups from across the world converge in Helsinki for this year’s edition of global startup event Slush, European firms focused on AI and blockchain are set to learn more about how to benefit from a new EU investment fund
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Swiss Artificial Intelligence Startup Map Q3 2019
Swisscom published the Swiss Artificial Intelligence Startup Map for Q3 2019. Out of this list, we have listed again below for your convenience all the Startups out of the Fintech/Insurtech and the Virtual Assistants/Chatbots categories. Click on the Logo to
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Finastra and NetGuardians Team Up on AI-Powered Financial Messaging Fraud Detection
Today at Sibos 2019, Finastra has announced its partnership with Swiss Fintech, NetGuardians, which sees the two companies launching an AI-powered fraud detection solution for financial messaging. Tailored for Finastra’s SWIFT Service Bureau, the tool uses artificial intelligence and machine
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Baloise Acquires a Stake in Artificial Intelligence Startup, Brainalyzed
Baloise’s asset management side has acquired a stake in Brainalyzed, a machine learning and artificial intelligence (AI) stare investment comes after a two-year partnership, and Baloise’s experiment with swarm-based artificial intelligence, and Baloise thinks that it could help expand its
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