360Quadrants powered by MarketsandMarkets, the world’s only comparison platform that combines expert analysis with crowdsourced reviews, has released a quadrant on AI in Fintech Solutions to help businesses make quicker and more informed decisions.
AI in Fintech refers to the theory and development of computer systems capable of performing finance-related tasks that usually require human intelligence. It is an application of AI technology used in the financial sector to design investment strategies, detect anomalies with pattern & voice recognition, and conduct market analysis with data mining. The AI in Fintech solutions market for this quadrant is defined as the summation of AI-enabled Fintech solutions and services.
For this quadrant, the components of AI in Fintech are mainly segmented into solutions and software. Major application areas of AI in Fintech solutions are virtual assistants, business analytics & reporting, and customer behavioral analytics. These solutions have been analyzed based on cloud and on-premise deployment. Amazon has been identified as a visionary leader in the AI in Fintech space given its high product quality and reliability. 25 top companies in AI in Fintech are listed on the quadrant.
Amazon has been identified as a visionary leader in the AI in Fintech space given its extensive product features, high product quality, reliability, suitable channel strategy, and wide geographical footprint. 360Quadrants also lists competitors of Amazon in the AI in Fintech space.
AI in Fintech offerings from Amazon aims to deliver valuable insights and intelligence from data. The company has an established product portfolio with a robust market presence and business strategy. Some of the major developments of the company in the AI in Fintech space include:
AWS is a preferred cloud provider to Guardian Life Insurance
The Guardian Life Insurance Company of America (Guardian) chose AWS to provide cloud to migrate production workloads to AWS. The Guardian is closing its operated data centers and is reducing its IT operating costs.
AWS is a cloud provider to Active.Ai
Active.Ai chose AWS as its preferred partner to provide cloud through its TRINITI platform to power the delivery of conversational AI capabilities. This platform runs on AWS to provide customers an enhanced experience. It also helps financial institutions and insurance companies support voice-based transactions in the cloud.
AWS is a strategic cloud provider to the National Australia Bank
The National Australia Bank (NAB) chose AWS to provide cloud on a long-term basis, to migrate a number of applications. A cloud-first strategy is adopted by NAB to deliver financial outcomes for a number of customers globally. NAB also deployed an intelligent threat detection service, Amazon GuardDuty that monitors any malicious activity and helps protect customer data available in the cloud.
Ledger and YouHodler SA Announce Strategic Partnership to Expand Ledger Live Services
How to Elevate Crypto Experience with Integrated Trading on Ledger Live
LAUSANNE, Switzerland, Nov. 28, 2023 /PRNewswire/ — YouHodler, a Swiss-based Web3 platform providing innovative fintech solutions that bridge fiat and crypto financial services, is pleased to announce a strategic partnership with Ledger, the global platform for digital assets and Web3. This collaboration is set to open new avenues for Ledger Live App’s users, providing them with seamless access to the dynamic world of cryptocurrency trading and investment.
The partnership between YouHodler and Ledger marks a significant step forward merging the strengths of two incredible technologies. Ledger Live users will now be able to leverage YouHodler’s cutting-edge platform to trade and participate in the thriving cryptocurrency market. This collaboration aims to provide Ledger Live users with a seamless and user-friendly experience, bridging the gap between financial services and the innovative world of digital assets.
“We are thrilled to take our partnership with Ledger to the next level by offering an upgraded integration into Ledger Live’s secure ecosystem,” said Ilya Volkov, CEO at YouHodler. “This enhancement aims to provide Ledger Live users with a frictionless pathway to explore and engage in cryptocurrency trading, empowering them to make the most of their digital assets directly within the Ledger Live ecosystem. As a token of appreciation, YouHodler is happy to provide an offer exclusively for Ledger users, enhancing your trading experience and maximizing the value of your digital assets.”
Ledger Live’s commitment to delivering secure and efficient digital asset management aligns perfectly with YouHodler’s vision of creating a seamless financial ecosystem for crypto users.
“Ledgers are the most secure way to self-custody your assets, which is more important than ever. Pairing your Ledger with Ledger Live provides an easy to use gateway to the world of digital assets, through a number of services made better with Ledger. YouHodler is now offering its advanced FinTech services through Ledger Live, expanding the range of possibilities for our users, allowing them to actively participate in the cryptocurrency market and explore new opportunities” said Jean-Francois Rochet, VP Consumer Services at Ledger.
As the crypto industry continues to evolve, collaborations like this one highlight the importance of building strategic partnerships to create a more secure, inclusive and user-friendly ecosystem. The YouHodler and Ledger Live partnership is set to redefine the landscape of digital asset management, offering a bridge between different financial services within the innovative world of blockchain and cryptocurrencies.
YouHodler is a Swiss-based Web3 platform providing innovative fintech solutions that bridge fiat and crypto financial services with simplicity, efficiency and transparency. It offers a comprehensive suite of offerings, including crypto-backed loans, crypto savings accounts, innovative crypto multiplication engines, and universal currency exchange. While user-friendly and intuitive for everyday consumers, the internationally licensed and regulated platform is also progressive enough to conduct advanced strategic trading in the crypto market. Using Web3 technology, YouHodler, unlike legacy banks, puts ownership of digitally unique assets in the hands of its users, which in turn has the potential to unlock income equality. For more information, please visit YouHodler.com.
Founded in Paris in 2014, LEDGER is a global platform for digital assets and Web3. Ledger is already the world leader in Critical Digital Asset security and utility. With more than 6M devices sold to consumers in 200 countries and 10+ languages, 100+ financial institutions and brands as customers, 20% of the world’s crypto assets are secured, plus services supporting trading, buying, spending, earning, and NFTs. LEDGER’s products include: Ledger Stax, Nano S Plus, Nano X hardware wallets, LEDGER Live companion app, and Ledger Enterprise. With its ease of use, LEDGER allows a user to begin investing in digital assets and ultimately, achieve financial freedom in a safe and stress-free environment.
Goldpac Debuts Innovative Software Platforms at Trustech Paris 2023
Fostering partnerships to better serve consumer payment needs
PARIS, Nov. 28, 2023 /PRNewswire/ — To tackle increasing demand for the mass customization of payment cards, Goldpac is introducing two innovative service platforms; a B2B and consumer online management portal, UMV; and DTS, a personalization bureau management system. Available also are a selection of payment solutions including self-service kiosks, desktop smart terminals and printers, SIM and superlative card finishings.
DTS (Data Task System) is a bureau-grade management solution designed for in-house, in-source, or remote applications. It is a highly secure and scalable platform which streamlines inter-department operations by coordinating data processing tasks, production, quality control, and shipping activities while addressing increasing demand for customized cards. The system helps to reduce production errors from non-automated workflows and enhances production lead times by removing inefficiencies. It allows organizations to gain deeper insights into production patterns and details. The system currently powers the world’s largest single-site personalization center with an annual output of over 400 million cards.
UMV offers issuers and distributors an extensive card gallery, smart design tools, comprehensive comparison of bank card benefits, and order processing automation to help accelerate the sales cycle. Automated tasks from the ordering platform reduces manual processing to improve accuracy of documentation and allows for faster, more efficient order handling. Consumers get a host of payment card related services helping them to choose and select the right card product and issuer for their needs. Furthermore, UMV is fully connected to DTS to enable the management of product life-cycles. It also opens up a new channel for customer acquisition for partnering banks.”
Visitors can also experience a complete self-service card issuance journey starting with the onboarding process on the multifaceted smart terminal (SST502). Convenient and feature rich, it integrates identification, document scanning, and numerous account administrative operations onto one device. Visitors can then approach the self-service kiosk (ACE301) to instantly issue the chosen payment card selected during onboarding.
A host of desktop card issuance solutions will also be showcased including the compact, all-in-one onboarding and card issuance printer (PIE001) with edge computing processing in collaboration with Marvel Digital AI. Visitors can realize their creativity with AI-driven image generation using the on-demand DIY card printer (DCE160).
Telecom SIM cards are also featured as the company makes its first rollout into the wider telecom industry.
Also showcased are captivating premium card effects, finishings, eco-friendly materials, LED, encrusted diamonds and more.
About Goldpac Group (03315.HK)
Goldpac Group provides products and solutions that addresses the financial industry’s diverse needs for secure, convenient, and easy-to-use payment solutions. These solutions cover user onboarding, personalization and payment device issuance systems, software, self-service kiosks, and desktop printers.
Its operations cover a wide range of businesses and sectors including financial services, telecommunications, social security, healthcare, transport, retail, mobile payment, identity, third-party payment platforms and other security services domains.
JENTIS raises €11m Series A to make universal data capture a reality
The funding round led by Bright Pixel Capital, joined by 3TS Capital Partners and Pragmatech Ventures, will fuel product development and accelerate market expansion.
VIENNA, Nov. 28, 2023 /PRNewswire/ — JENTIS, a leader in next-gen data capture technology, today announced that it raised €11 million in a Series A funding round led by Bright Pixel (former Sonae IM) and new co-investor 3TS Capital Partners, with participation by existing investor Pragmatech Ventures. JENTIS empowers businesses to own and control their web data capture independently of third parties. Its breakthrough technology enables radically improved data accuracy for business insights while complying with privacy regulations worldwide.
The funding round follows a year of high growth for JENTIS as businesses demand first-party data capture and data protection compliance. Its breakthrough server-side tracking technology that shifts website data collection from users’ browsers to a secure cloud has found rapid adoption by large European e-commerce retailers, among trusted brands in banking and finance, and at major digital publishers in the US and Central Europe.
JENTIS’ Data Capture Platform, positioned at the beginning of the data value chain, enhances data accuracy, availability, and compliance in real time. This positively impacts all upstream and downstream tools and platforms, including Customer Data Platforms (CDPs) and analytics platforms. Its broad compatibility enables quick implementation and cost-effective operation without changing existing technology setups. Customers report significant performance improvements, with data uplifts of up to 30%, data correction rates of up to 60%, and significantly faster web page load times.
In an era where data control and ownership are becoming increasingly vital, JENTIS empowers businesses to adapt seamlessly to this changing landscape, offering them a competitive edge in data management and strategy. This capability is crucial in the context of Google’s anticipated 2024 phase-out of third-party cookies.
The company was founded in 2020 by a team of data analytics and web tracking specialists around CEO Thomas Tauchner. The company opened its German office in 2022 and was named the Austrian Scaleup of the Year in Digital Transformation by Ernst & Young in 2023.
JENTIS will utilize the new investment to accelerate its geographic growth in key European and US markets and enhance its product development efforts, leading the way to realize universal data capture from all digital data sources – including web, mobile, and the Internet of Things – on one platform.
Thomas Tauchner, Founder and CEO, JENTIS, said: “We see first-party data capture rapidly gaining traction but marketers and advertisers are struggling to realize the full potential for their businesses. We developed our platform to make it easy for businesses to capture the highest web data quality while complying with data protection regulations. With this funding round, we are ready to accelerate our growth and bring our technology to new markets across the globe.”
Leonor de L’Hermite, Operating Partner, Bright Pixel Capital, said: “We are seeing the demand for accurate data rising across industries while availability has plummeted. JENTIS has developed an elegant and powerful solution to a complex problem and is positioned to be the first to achieve universal data capture at the beginning of the value chain. We are excited to be part of the journey to make it vastly easier for businesses to achieve data-driven growth while respecting their users’ privacy.”
“We are impressed by JENTIS’ breakthrough Data Capture Platform, which is defining a new, rapidly growing segment in the web infrastructure market. Clients from multiple verticals have realized significant increases in marketing and revenue results leveraging higher data quality, while taking back control over their customer data and ensuring compliance. We are thrilled to join forces and work alongside the JENTIS team as the Company scales.” added Sever Totia, 3TS Partner, who is also joining JENTIS’ board of directors.
Evgeny Sergeev, Founder and General Partner, Pragmatech, said: “We are excited to continue supporting JENTIS as they grow into a leading vendor in the first-party data capture and privacy compliance space. From their early days, when we first met, the company has grown exponentially, which clearly demonstrates a strong market demand and relevance of innovation made by JENTIS. With this new backing, the team under Thomas’s leadership is well-equipped to continue its global reach in key markets.”
For more information about JENTIS, please visit: https://jentis.com/en
JENTIS is an Austrian scale-up specializing in advanced server-side web tracking and data protection technologies. Its Data Capture Platform is an all-in-one tracking solution that provides enhanced data quality and data sovereignty to businesses while enabling compliance with GDPR and other global data protection regulations. JENTIS raised a seed funding round of €3 million in 2022 ahead of a €11 million Series A round in November 2023.
- Ledger and YouHodler SA Announce Strategic Partnership to Expand Ledger Live Services
- Goldpac Debuts Innovative Software Platforms at Trustech Paris 2023
- JENTIS raises €11m Series A to make universal data capture a reality
- Ganjar Pranowo Launches Campaign for Indonesian Presidency
- ACX launches biofuels physical trading platform in ADGM, Abu Dhabi
- GCL SI receives approval for its RMB 4.8 billion private placement from Shenzhen Stock Exchange
- 2023 Carbon Peak and Carbon Neutrality Forum and Shenzhen International Low Carbon City Forum Kick Off
- Bachmann & Welser is an expert in raising project or business funding through Instrument Monetisation — No upfront Payment required
- HX5 Encrypted explain how a simple check can stop a $240 Billion money laundering scandal
- Abu Dhabi Finance Week Charts the Rise of the Falcon Economy with the Launch of Abu Dhabi Economic Forum
- EQT AB’s Nomination Committee for the Annual Shareholders’ Meeting 2024
- Ministry of Human Resources and Social Development Reaffirms Commitment to Worker Productivity Growth and Collaborative Policies
- Wirex Announces Winners of the 2023 Rising Women in Crypto Power List
- DECATHLON ACQUIRES BERGFREUNDE
- SquaredFinancial launches its lucrative Fixed-Time Deposit Account with up to 5.25% Annual Percentage Rate
Fintech PR7 days ago
OSN+ and Anghami Sign Landmark Transaction Set to Transform MENA Entertainment
Fintech PR7 days ago
ETD and Global Investor Group Unite as FOW
Fintech PR7 days ago
HX5 Encrypted Release Encrypted Messaging Platform for Whistleblowing
Fintech6 days ago
Spool hones in on bringing institutions into DeFi by launching its expansive V2 upgrade
Fintech PR5 days ago
Mutual Fund Assets Market Size to Grow USD 97158 Million by 2029 at a CAGR of 8.29% | Valuates Reports
Fintech PR5 days ago
Mobile Banking Market to Reach $7 billion, Globally, by 2032 at 16.8% CAGR: Allied Market Research
Fintech PR5 days ago
Genpact Launches Artificial Intelligence Innovation Center in London, UK
Fintech PR5 days ago
Discover Top iGaming Trends 2024 in SOFTSWISS In-Depth Research