XAI

AI in BFSI Market to hit US$ 140 billion by 2028, Says Global Market Insights Inc.

Retrieved on: 
Monday, April 11, 2022
Adoption, ML, CAGR, Organization, USD, ROI, Blockchain, Investment, Cloud computing, Intel, Natural language processing, Big data, Insurance, SME, OpenVINO, Oracle Corporation, Artificial intelligence, Industry, NLP, Technology, XAI, Machine learning, Amazon Web Services, COVID-19, AWS, Solution, Natural language, Microsoft, Algorithm, Medical device, Copper, Google, BFSI, Temenos, AI

 SELBYVILLE, Del. , April 11, 2022 /PRNewswire/ -- The AI in BFSI Market is expected to surpass USD 140 billion by 2028, as reported in a research study by Global Market Insights Inc. The market growth can be attributed to the emergence of fintech technology and innovations in banking processes along with digitization.

Key Points: 
  • The customer service segment is projected to hold a market share of above 40% in the global AI in BFSI market by 2028.
  • North America is anticipated to hold a substantial revenue share in the AI in BFSI market by 2028.
  • The major players operating in the AI in BFSI market are Amazon Web Services, Google LLC, Intel Corporation, Microsoft Corporation, and Oracle Corporation, among others.
  • The companies operating in the market are focusing on the development of innovative AI-based solutions such as explainable AI (XAI) models and platforms.

XAI Octagon Floating Rate & Alternative Income Term Trust Declares its Monthly Common Shares Distribution and Quarterly Preferred Shares Dividend

Retrieved on: 
Friday, April 1, 2022
Professional Services, Finance, Form 1099, Sale, Income, Investment, Marketing, Board, Compliance, Capital loss, History, Director, Philosophy, Communication, LLC, Calendar, XAI, Time, CLO, Trust, XMS Capital Partners, Security (finance), Life insurance, Trustee, Clos, XA INVESTMENTS, XMS CAPITAL PARTNERS, OCTAGON CREDIT INVESTORS

Shareholders should not assume that the source of a distribution from the Trust is net income or profit.

Key Points: 
  • Shareholders should not assume that the source of a distribution from the Trust is net income or profit.
  • The Trusts net investment income and capital gain can vary significantly over time; however, the Trust seeks to maintain more stable common share monthly distributions over time.
  • The Trusts final taxable income for the current fiscal year will not be known until the Trusts tax returns are filed.
  • The common share distributions paid by the Trust for any particular period may be more than the amount of net investment income from that period.

XAI Octagon Floating Rate & Alternative Income Term Trust Declares Its Monthly Common Shares Distribution of $0.073 Per Share

Retrieved on: 
Tuesday, March 1, 2022
Consulting, Banking, Professional Services, Finance, XAI, CLO, Capital loss, Investment, Trust, Income, Director, LLC, Board, Sale, Calendar, Time, Philosophy, Compliance, Communication, Marketing, XMS Capital Partners, History, Form 1099, Security (finance), Life insurance, Clos, Trustee, XA Investments, XMS Capital Partners, Octagon Credit Investors, XA INVESTMENTS, XMS CAPITAL PARTNERS, OCTAGON CREDIT INVESTORS

Shareholders should not assume that the source of a distribution from the Trust is net income or profit.

Key Points: 
  • Shareholders should not assume that the source of a distribution from the Trust is net income or profit.
  • The Trusts net investment income and capital gain can vary significantly over time; however, the Trust seeks to maintain more stable common share monthly distributions over time.
  • The Trusts final taxable income for the current fiscal year will not be known until the Trusts tax returns are filed.
  • The common share distributions paid by the Trust for any particular period may be more than the amount of net investment income from that period.

Temenos Helps Challenger Banks Go Live in Weeks With New Banking Services on the Temenos Banking Cloud

Retrieved on: 
Thursday, February 10, 2022
Software, Technology, Professional Services, Finance, Cloud, Industry, Maintenance, Growth, Virgin Money Australia, Traction, XAI, Software, Payment, Technology, Ownership, Temenos AG, USD, Finance, Explainable artificial intelligence, WeLab Bank, Cryptocurrency, Bank, Online shopping, Cash flow forecasting, Temenos

Temenos (SIX: TEMN), the banking software company, today launched new Temenos Banking Services designed specifically to meet the unique requirements of challenger banks.

Key Points: 
  • Temenos (SIX: TEMN), the banking software company, today launched new Temenos Banking Services designed specifically to meet the unique requirements of challenger banks.
  • Unlike other vendor solutions, with the Temenos Banking Cloud, neobanks can access pre-composed, integrated banking services, which takes away painful and time-consuming integrations and major upgrades.
  • These new banking services on the Temenos Banking Cloud can be rapidly consumed from a self-service portal and easily configured, extended or deployed anywhere.
  • Max Chuard, Chief Executive Officer, Temenos, said: We see great traction globally where challenger banks free from the constraints of legacy technology recognize the power of the Temenos Banking Cloud.

XAI Octagon Floating Rate & Alternative Income Term Trust Declares Its Monthly Common Shares Distribution of $0.073 Per Share

Retrieved on: 
Tuesday, February 1, 2022
Consulting, Banking, Professional Services, Finance, CLO, XMS Capital Partners, Capital loss, Sale, Philosophy, Communication, Calendar, LLC, Trust, XAI, Board, Marketing, Director, Compliance, Time, Investment, Form 1099, Income, History, Security (finance), Life insurance, Clos, Trustee, XA Investments, XMS Capital Partners, Octagon Credit Investors, XA INVESTMENTS, XMS CAPITAL PARTNERS, OCTAGON CREDIT INVESTORS

Shareholders should not assume that the source of a distribution from the Trust is net income or profit.

Key Points: 
  • Shareholders should not assume that the source of a distribution from the Trust is net income or profit.
  • The Trusts net investment income and capital gain can vary significantly over time; however, the Trust seeks to maintain more stable common share monthly distributions over time.
  • The Trusts final taxable income for the current fiscal year will not be known until the Trusts tax returns are filed.
  • The common share distributions paid by the Trust for any particular period may be more than the amount of net investment income from that period.

InRule Technology® Achieves Record Year in 2021

Retrieved on: 
Thursday, January 27, 2022
Security, Data Management, Other Technology, Technology, Software, Object Management Group, Name, XAI, Growth, Decision Model and Notation, Maintenance, Solution, Adoption, Software as a service, Learning, Technology, Explainable artificial intelligence, Machine learning, Automation, Microsoft, Salesforce, View, Professional services, Efficiency, Marketing, Microsoft Dynamics 365, Goal, DMN, Virtual, Decision model, DPA, Community, Medical device, Retail, Risk management, Public relations, Management, InRule Technology

In September, Sweden-based Barium AB, a pioneer of digital process automation (DPA) SaaS solutions joined the InRule Technology family.

Key Points: 
  • In September, Sweden-based Barium AB, a pioneer of digital process automation (DPA) SaaS solutions joined the InRule Technology family.
  • InRule Technology debuted key offerings and enhancements in 2021 to meet evolving customer needs.
  • InRule Technology also conducted its 2021 User Community Survey.
  • InRule and InRule Technology are registered trademarks of InRule Technology, Inc. All other trademarks and trade names mentioned herein may be the trademarks of their respective owners and are hereby acknowledged.

Temenos Launches Industry’s First AI-Driven Buy-Now-Pay-Later Banking Service on the Temenos Banking Cloud

Retrieved on: 
Thursday, January 20, 2022
Software, Finance, Banking, Professional Services, Technology, Online Retail, Retail, Security, Cloud, Technology, Mobile backend as a service, XAI, Amazon, McKinsey & Company, Adoption, Growth, Solution, Â, Pre-approval, History, Acquisition, Industry, Explainable artificial intelligence, Software as a service, Efficiency, Payment, Sale, Temenos AG, Software, Target, Maintenance, Online shopping, Bank, Temenos

Temenos (SIX: TEMN), the banking software company, today announced the launch of its Buy-Now-Pay-Later banking service.

Key Points: 
  • Temenos (SIX: TEMN), the banking software company, today announced the launch of its Buy-Now-Pay-Later banking service.
  • The Temenos Buy-Now-Pay-Later banking service is independently consumable via the Temenos Banking Cloud.
  • A global payments provider launched its Buy-Now-Pay-Later service on the Temenos Banking Cloud, growing to 22 million loan applications in just nine months, the fastest and most successful product launch in the companys history.
  • Temenos offers cloud-native, cloud-agnostic and AI-driven front office, core banking, payments and fund administration software enabling banks to deliver frictionless, omnichannel customer experiences and gain operational excellence.

Temenos Announces Composable Banking Services on the Temenos Banking Cloud Platform

Retrieved on: 
Tuesday, January 18, 2022
Software, Networks, Finance, Banking, Data Management, Professional Services, Technology, Security, Cloud, Cash flow forecasting, Research, Technology, Retail, Mobile backend as a service, XAI, Amazon, Banking Industry Architecture Network, Catalog, Growth, Challenger bank, Green Dot, IDC, DevOps, Industry, Ecosystem, Environment, Temenos AG, Traction, Data, Architecture, Compliance, Maintenance, ICore Virtual Accounts, Mobile phone, Cryptocurrency, Bank, Online shopping, Temenos

Temenos (SIX: TEMN), the banking software company, today announced Composable Banking Services and Capabilities aligned to the BIAN (Banking Industry Architecture Network) service landscape on the Temenos Banking Cloud.

Key Points: 
  • Temenos (SIX: TEMN), the banking software company, today announced Composable Banking Services and Capabilities aligned to the BIAN (Banking Industry Architecture Network) service landscape on the Temenos Banking Cloud.
  • In addition, Temenos delivers new banking services and technology advancements that create the market's most comprehensive, cloud-native platform for composable banking.
  • Composed Temenos Banking Services consist of pre-configured and pre-assembled Temenos Banking Capabilities plus optional integrated third-party solutions from the Temenos Exchange .
  • With the Temenos Banking Cloud, banks can access the pre-composed banking services, the underlying packaged Temenos Banking Capabilities, or a full out-of-the box country model bank, without painful integration efforts.

Aspire Food Group and DarwinAI Awarded IRCAI Top 10 Outstanding Project for 2021

Retrieved on: 
Tuesday, January 18, 2022
International Research Center for Traditional Polyphony, Bangladesh Technical Education Board, CB Insights, Native Image Generator, IOT, Plant, Sustainable Development Technology Canada, Technology, ASRS, Robotics, UN, Generation, United Nations, XAI, Population, Growth, Collection, CEO, Permanent Delegate of Colombia to the United Nations Educational, Scientific and Cultural Organization, Solution, PETS, UNESCO, Time, Goal, Explainable artificial intelligence, NASA, Artificial intelligence, Ministry of Education (Malaysia), Food, AI, Livestock, ROI, Data analysis, Top Ten, Partnership, Medical device, Agriculture, Aspire

The Aspire / DarwinAI project "Novel Application of Advanced Manufacturing Approaches to High Quality Protein" was one of two outstanding solutions in North America, the other submitted by NASA.

Key Points: 
  • The Aspire / DarwinAI project "Novel Application of Advanced Manufacturing Approaches to High Quality Protein" was one of two outstanding solutions in North America, the other submitted by NASA.
  • Aspire is a world leader in the commercial production and processing of crickets into nutritional ingredients for people, pets, and plants.
  • Aspire and DarwinAI thankNext Generation Manufacturing Canada (NGen) and Sustainable Development Technology Canada in facilitating their fruitful collaboration.
  • "A growing population and increasing demand for food and material requires sustainable, scalable solutions," said Mohammed Ashour, CEO, Aspire.

Veea and Conxai Fuse Edge Computing, Connectivity, and AI Technology

Retrieved on: 
Tuesday, January 11, 2022
Entrepreneurship, Face, Technology, LinkedIn, XAI, Gesellschaft mit beschränkter Haftung, McKinsey & Company, Adoption, Safety, Knowledge, PlanGrid, Construction, CEO, Secure Access Service Edge, Solution, Element, View, SASE, Smart city, Efficiency, Environment, Multimedia, AI, Twitter, Engineering, Building, Medical device

CONXAI's industry-first modular no-code AI platform applies AI-based techniques to job-site imaging and sensor data collected by the Veea Edge Platform, extracting information and synthesizing knowledge to reveal opportunities for operational and safety improvements.

Key Points: 
  • CONXAI's industry-first modular no-code AI platform applies AI-based techniques to job-site imaging and sensor data collected by the Veea Edge Platform, extracting information and synthesizing knowledge to reveal opportunities for operational and safety improvements.
  • "AI is the construction industry's greatest opportunity for improvement of safety, quality and productivity," said Sharique Husain, CEO and Co-Founder, CONXAI.
  • Veea is redefining and simplifying secure edge computing that improves application responsiveness, reduces bandwidth costs, and eliminates central cloud dependency.
  • Veea Edge Services run across this application mesh to deliver secure remote access, IoT/IIoT/AIoT, and a wide range of smart applications.