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Chainalysis Acquires AI Fraud Detection Firm Alterya

Fintech News

Blockchain analysis firm Chainalysis has acquired Alterya , an AI-based fraud detection platform focused on identifying scams before they impact victims. Fraud detection faces new challenges with advanced technologies like generative AI enabling more complex scams.

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W Chain Collaborates With Google Backed NeurochainAI to Drive AI-Powered Innovation in Global Payments

Fintech Finance

W Chain , a top hybrid blockchain platform for global payments, has announced its partnership with NeurochainAI, a leader in decentralized AI development. The partnership will leverage the combined strength of both the companies to transform the global payment system by deploying amalgamation of AI and blockchain technologies.

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bolttech Partners with AWS to Deploy Generative AI Across Operations

Fintech News

Singapore-based insurtech firm bolttech is integrating generative AI tools from Amazon Web Services (AWS) to improve customer service, automate workflows, and reduce costs across its global operations. The company has built a generative AI platform called the “bolttech Gen AI Factory” using Amazon Bedrock.

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Visa Ramps Up AI-Powered Fraud Prevention During Holiday Shopping Globally

Fintech News

This year, suspected fraudulent activity surged by 200% worldwide over the holiday weekend, with fraudsters increasingly turning to advanced AI tools to target both physical and digital transactions. Although crooks are using AI more and more, so are we. The company has also been proactive in raising awareness among consumers.

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UiPath’s agentic AI platform could streamline FI workflows

Bank Automation

Software giant UiPath is rolling out an enterprise-grade agentic AI platform designed to serve as a liaison between AI agents, robotic process automations and humans to streamline workflow automation.

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Swift and Google Cloud Join Forces to Combat Fraud with AI Innovations

Fintech News

The partnership will leverage advanced AI and federated learning techniques combined with privacy-enhancing technologies (PETs) and Trusted Execution Environments (TEEs). Featured image credit: Edited from Freepik The post Swift and Google Cloud Join Forces to Combat Fraud with AI Innovations appeared first on Fintech Singapore.

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Alibaba Cloud Overhauls Partner Ecosystem with AI Focus

Fintech News

The new “Alibaba Cloud Partner Rainforest Plan” centers around artificial intelligence (AI) and includes an enhanced incentive programme, an AI partner accelerator programme, and a revitalised service partner strategy. This includes the development of Managed Large Language Model Services and other AI-focused offerings.

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