After looking into the various options available in the market, MindBridge Ai Auditor, the world’s first AI-powered auditing solution, was selected to enhance the company’s existing auditing capabilities. The solution analyses an organisation’s entire data set, examining all transactions, looking at the monetary flows between accounts, all credits and all debits and most importantly, identifying
In a time when unprecedented volumes of public funds are being distributed for COVID relief programmes, the efficiency of public services has never been more important. From fraud and error detection to the prediction of service disruptions, the variety of data held by government agencies means that they are well positioned to use artificial intelligence –
The potential for fraud has increased with the ongoing Covid-19 pandemic, as finance institutions having to work remotely creates the possibility of fraudulent activity. Read more
Canada’s 5th largest full-service chartered accountancy and business advisory firm to streamline external audit processes with artificial intelligence Ottawa, December 9, 2020 — MindBridge, the pioneer in AI-powered risk and fraud detection solutions for financial professionals, today announced their strategic supplier relationship with MNP LLP, one of the largest accounting firms in Canada. The firm will
MindBridge Analytics Inc. has received $11 million in new funding from the Government of Canada’s Strategic Innovation Fund, earmarked to accelerate the development of artificial intelligence technology. Read more
The audit function has always been a number-crunching role but as the financial world becomes riskier, auditors are taking on a more strategic position with the help of technologies like artificial intelligence. AAT interviewed Stuart Cobbe, customer success manager at MindBridge Ai, on how these technologies are shifting auditors’ roles. Read more
MindBridge awarded Technology Pioneer 2020 by the World Economic Forum The Regensburg-based start-up 5FSoftware has signed an agreement to distribute the Canadian company MindBridge’s Ai Auditor software solution for the German and Austrian markets. The solution enables auditors to expose anomalies, whether intentional or not, during their annual financial statement audits in the shortest possible time. Wirecard scandal could
New partnership helps serve the AI and data analytics needs of the accounting, audit, and finance community in California. Learn more here
The CIX Innovation Exchange announced the selection of MindBridge as a CIX TOP 10 Growth innovative Canadian technology startup. Representing a diverse range of technology spanning software, AI, medtech, fintech, and cleantech, this curated program selects companies based on several factors including product offering, depth of management, market opportunity, and business model. Learn more about
Speaking with Cindy Gordon, MindBridge CEO Eli Fathi discusses the business impacts of financial inaccuracies and fraud, and how AI helps auditors scan and detect anomalies in financial data sets so organizations can better mobilize their next steps. Read more at Forbes
MindBridge Ai, a global provider of artificial intelligence (AI) solutions that apply risk-based approaches to help organizations extract insights from data, today announced the closing of its Series B round of financing and an investment through the Government of Canada Strategic Innovation Fund (SIF) for a combined total of $29.6 million.
Canadian innovation at its finest! Alongside 14 other innovative companies, we are proud to be included in the Microsoft Great Canadian Innovators Yearbook 2020. Recognizing those businesses that successfully moved from the boardroom to products in use by customers in Canada and beyond, this yearbook celebrates the creative application of technology and inspiring national success
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