16 March 2020

Finantix acquires InCube, a Swiss AI and data science company

Written By FinTech Alliance

AI

Finantix acquires InCube, a Swiss AI and data science company

The Zurich business is dedicated to wealth management and insurance

In Brief

  • The acquisition intends to grow Finantix’s robotics, AI and cognitive technology capabilities.
  • It will also bolster Finantix’s existing deep industry expertise with the integration of InCube’s team, many of whom graduated from ETH Zürich or HSG St. Gallen.
  • The move comes at a time when the use of AI-powered tools is proliferating in financial services

What this means

As financial services institutions handle more data than ever before the market advantage lies in processing it in a timely and intelligent manner to generate actionable insights and personalised experiences.

Read more

 

Up Next ...
03 May 2024

Welsh FinTech start-up secures £5mn export deal

Thanks to support from the Welsh Government. In brief:- The deal ...

03 May 2024

Danish FinTech Pleo bags €40mn

Debt financing from HSBC Innovation Banking. In brief:- Founded by Jeppe ...

03 May 2024

Q1 sees almost 500 FinTech deals

Worth Approximately $70bn. In brief:- There were nearly 500 fintech financing ...

02 May 2024

SafeBase secures $33mn in Series B

Revolutionising security reviews. In brief:SafeBase, a firm known for enabling friction-free security ...

More in Machine Learning

The FCA and Bank of England joint Discussion Paper on AI

17 January 2023

The FCA and Bank of England published a joint Discussion ...

Posted By The Community

The State of Machine Learning in Finance, Banking and FinTech

23 July 2021

Consumers of digital services expect quality service, security, and convenience. Machine learning (M...

Written By: Code & Pepper

Posted By The Community

How machine learning is changing pricing optimization

25 May 2021

FinTech apps heavily rely on connecting with customers. They thrive by offering custom services to u...

Written By: Code & Pepper

Posted By The Community

AI vs. Financial Crime – Fight Against Money Laundering (AML) and Bad Actors

20 April 2021

Anti-money laundering (AML) AI is used to fight financial crime and secure apps’ reputation. After all, financial technology is all about trust. How is it done and what...

Written By: Code & Pepper

Articles Machine Learning

Machine learning in UK financial services

16 October 2019

In the financial services industry, the application of machine learning (ML) methods has the potenti...

Thought Leadership Machine Learning

Machine learning explainability in finance: an application to default risk analysis

12 August 2019

We propose a framework for addressing the ‘black box’ problem present in some Machine Le...

Thought Leadership Machine Learning

Voice assistants in Financial Services: If you want voice assistants to engage, teach them the art of conversation

01 March 2019

Developing a voice assistant for use within retail banking and what would enable it to succeed as a....

White Papers Machine Learning

Sustainable Financial Services in the Digital Age

30 April 2018

This paper looks at key digital changes in the industry and the effects of these. Specifically,...

There are no Events in this category