Then in November 2015 the FCA paved the way for cloud computing to be used by financial services. Under the guidance the regulator said there is: …
Hong Kong-based 8 Securities has come a long way over the past few years. When we first talked to the startup back in 2012, it had just pulled in $ 8 million to build up its stock trading app. Now, the company has more than $ 600 million worth of currencies flowing through its pipes, and it’s betting big on artificial intelligence.
Named “Chloe,” 8 Securities is planning to launch a virtual advisor service that uses machine learning to give investment advice.
The AI will be used to coach, educate, and advise users on their investments, says CEO Mikaal Abdulla. “She treats a $ 100 account the same way she would a $ 1 million account.” Read more…
The annual event recognized providers who are leading the charge in banking and payments technologies.
(PRWeb September 11, 2015)
Read the full story at http://www.prweb.com/releases/2015/09/prweb12955740.htm