Citi and Ant International Pilot AI-Enabled Forecasting Solution to Enhance FX Risk Management for Airline Customers
18 Articles
18 Articles
Citi And Ant International Pilot AI‑Enabled Forecasting Solution To Enhance FX Risk Management For Airline Customers
Citi and Ant International announced today that they are piloting the use of Ant International's Falcon Time-Series Transformer (TST) Model to deliver an enhanced FX risk management solution for their customers. Developed with aviation clients as an initial use case, the solution aims to offer greater payment solutions for the airline industry, which processes billions of
Citi And Ant International Test AI Tool To Cut FX Hedging Costs - FinanceFeeds
Citigroup and Ant International launched a pilot program that uses artificial intelligence to help corporate clients manage foreign exchange risk more efficiently, the companies said on Friday. The initiative combines Citi’s Fixed FX Rates offering — popular among clients in industries like e-commerce — with Ant International’s Falcon Time-Series Transformer, a forecasting model that aims to lower hedging costs. The tool was first tested with av…
Citi and Ant International Pilot AI-Enhanced FX Risk Management Solution
Citi and Ant International are piloting a jointly developed, artificial intelligence-enhanced foreign exchange (FX) risk management solution designed for use by businesses that sell through eCommerce channels. [contact-form-7] The initial use case for the solution is the aviation industry, and an airline that is testing it has seen a cost reduction in its fixed FX rates hedging program for online ticket sales, according to a Friday (Jul…
Citigroup enhances FX risk management using AI
The post Citigroup enhances FX risk management using AI appeared on BitcoinEthereumNews.com. Citigroup has partnered with Singapore-based fintech firm Ant International to launch a pilot program that aims to enhance foreign exchange (FX) risk management using artificial intelligence. Ant International is an affiliate of China’s fintech giant Ant Group, founded by billionaire Jack Ma, providing global digital payment, digitization and financial …
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