AI

Lorica launches innovative AI data privacy solution with industry leaders at the helm 

Lorica Cybersecurity, the leader in private Artificial Intelligence (AI) and a B2B software company that specialises in a new form of encryption technology, has announced the launch of Secure AI, a breakthrough solution that enables AI data processing...

parcelLab launches returns forecast AI to give retailers improved visibility and control over returns process  

parcelLab, a premier global provider of post-purchase experience software, has announced the launch of parcelLab Returns Forecast AI. The new tool leverages AI to estimate inbound parcels for retailer warehouses, allowing retailers to forecast returns...

PayPal names Srini Venkatesan as Chief Technology Officer 

PayPal Holdings, has announced the appointment of Srini Venkatesan as Chief Technology Officer (CTO), reporting to PayPal President and CEO Alex Chriss. In this role, Venkatesan will lead the development and implementation of technology across the entire...

Don’t get fooled: Five expert tips to spot fake AI-generated reviews

With the rise of AI, fake reviews are becoming more sophisticated and harder to spot, blurring the line between authentic feedback and fabricated content. With summer sales in full swing, the AI experts at AIPRM tell us five tips to help you spot fake AI...

Almost 90% of Klarna staff are using AI daily and is a ‘game changer for productivity’ 

Klarna, the AI-powered global payments network and shopping assistant, has announced another milestone in its advanced adoption of AI technologies:  “We push everyone to test, test, test and explore,” said Sebastian Siemiatkowski, CEO and...

AI solution creates up to 90% time savings in software development

The journey of creating software is long, complex, fragmented and involves dozens of separate tools. Embedded Artificial Intelligence solutions can streamline this process. In pilot projects with Latin American tier 1 banks GFT’s AI...

NatWest launches the latest GenAI upgrade to the bank’s digital assistant  

NatWest is announcing the launch of Cora+, an upgrade to its digital assistant, Cora, developed in collaboration with IBM. NatWest will be one the first banks in the UK to deploy Generative AI through a digital assistant.  Cora supports customers in...

Why the need for insurance firms to innovate cannot be overstated 

For firms operating in the insurance industry, transactional volumes and associated data is growing year-on-year. But managing this growth with spreadsheets presents an operational inefficiency as the industry continues to expand. This is worrying, with...

Introducing S&P AI benchmarks by Kensho (Beta)

S&P Global announced the launch of S&P AI Benchmarks by Kensho. This innovative benchmarking solution assesses and ranks the quantitative reasoning abilities and expertise of large language models (LLMs) across the business and finance industry. The...

Businesses spend on Artificial Intelligence tools rockets in first quarter of 2024 

Soldo’s Spring Spend Index reveals the extent to which UK businesses are rushing to invest in AI in a bid to usher in a new era of technology-driven productivity. Based on Soldo’s data, since Q1 2023, AI investment has surged an astonishing...

Harnessing AI for optimal financial performance 

Ahmed Fessi, CIO at Medius, discusses the potential of AI in achieving peak financial performance.  One-third of European businesses have implemented Artificial Intelligence (AI) into their operations, recognising its potential to enhance productivity,...

Jumping on the GenAI bandwagon: Pragmatism is important for FP&A teams 

Michael Lengenfelder, Head of FP&A Product Management at Unit4, explores the emerging role of GenAI in FP&A, stressing the importance of pragmatic integration. While GenAI holds promise, Lengenfelder underscores the necessity of combining its...