Search Results for: financial challenges

40% of Americans Anticipate Financial Challenges in 2024, According to MeridianLink Survey
Finance Fintech News

40% of Americans Anticipate Financial Challenges in 2024, According to MeridianLink Survey

Fintech News Desk
by Fintech News Desk0
The survey revealed that 40% of Americans anticipate challenges making regular, monthly payments in 2024, with younger respondents (ages 18-34) more likely to foresee difficulties, particularly related to managing credit card debt and housing costs. MeridianLink provides timely insight into consumer sentiment on payments, customer service, and innovation in digital......
Intuit Launches New Accelerator for AI-focused Startups to Help Communities Overcome Financial Challenges in North America
Finance Fintech News

Intuit Launches New Accelerator for AI-focused Startups to Help Communities Overcome Financial Challenges in North America

Fintech News Desk
by Fintech News Desk0
The second annual program invites global tech startups with AI-driven solutions to apply to the latest edition of the Intuit Prosperity Accelerator: AI, powered by Highline Beta Intuit Inc., a leading global financial platform company known for products such as TurboTax, QuickBooks, Credit Karma and Mint, and Highline Beta, a......
Artificial Intelligence Banking Featured Finance Fintech Machine Learning Risk Management

Financial Information Business Ontology (FIBO): Architecture, Use Cases, and Implementation Challenges

Fintech Staff Writer
by Fintech Staff Writer0
Financial Information Business Ontology (FIBO) represents an important advancement in the way financial institutions manage and interpret data. Developed by the Enterprise Data Management (EDM) Council, FIBO is a formal ontology that provides a structured approach for defining financial terms, relationships, and processes. FIBO is designed to standardize data across......
Despite Significant Focus on GenAI, Financial Services Cite Challenges to Adoption, According to New Theta Lake Research
Finance Fintech News

Despite Significant Focus on GenAI, Financial Services Cite Challenges to Adoption, According to New Theta Lake Research

EIN Presswire
by EIN Presswire0
97% Concerned with GenAI Tool Implementation While Off-Channel Communications Fines & Number of Communication & Collaboration Tools in Use Reach Record Highs Theta Lake, a multi-award winning leader in the Digital Communications Governance and Archiving (DCGA) market, announced findings from its sixth annual Digital Communications Governance, Archiving, Compliance and Security......
IBM Study: Banking and Financial Markets CEOs are betting on generative AI to stay competitive, yet workforce and culture challenges persist
Banking Finance Fintech News

IBM Study: Banking and Financial Markets CEOs are betting on generative AI to stay competitive, yet workforce and culture challenges persist

PR Newswire
by PR Newswire0
Two-thirds (66%) of banking and financial markets CEOs surveyed said that the potential productivity gains from AI and automation are so great that they must accept the risks to stay competitive. 65% of financial institution leaders say that succeeding with AI will depend more on people’s adoption than the technology......
New Study Finds Majority of Community Financial Institutions Optimistic About 2024 Despite Economic and Regulatory Challenges
Fintech News

New Study Finds Majority of Community Financial Institutions Optimistic About 2024 Despite Economic and Regulatory Challenges

PR Newswire
by PR Newswire0
Authored by noted fintech expert, Cornerstone chief research officer and Forbes contributor Ron Shevlin, the study gleans insights from more than 350 senior executives from community banks and credit unions across the country. Cornerstone Advisors announced  the release of its highly anticipated study, What’s Going On In Banking 2024: Finding the......
Grant Thornton Survey: Global Sanctions Continue to Pose Significant Challenges for Financial Institutions
Compliance management News

Grant Thornton Survey: Global Sanctions Continue to Pose Significant Challenges for Financial Institutions

Business Wire
by Business Wire0
76% of financial institutions are experiencing enhanced regulatory scrutiny related to sanctions Grant Thornton LLP, one of America’s largest audit, tax and advisory firms, has released its first-ever Global Sanctions Compliance survey. The survey canvassed decision makers at nearly 300 financial institutions around the world to understand how they are responding......
How EWA Helps Employees Reduce Financial Stress Amidst Economic Challenges
Analytics Guest Posts Insights

How EWA Helps Employees Reduce Financial Stress Amidst Economic Challenges

Jim Colassano
by Jim Colassano0
According to a 2023 Financial Wellbeing in the Workplace report, 85% of employees feel financially stressed – and this is true across all income levels, ages, demographics, and industries. Unfortunately, there is no reason to expect these sky-high rates of financial stress to taper off anytime soon. Financially strapped Americans......
Mukuru and WeThinkCode Partner to Host SheHacks to Solve Financial Services Challenges in Africa
Featured Technology

Mukuru and WeThinkCode Partner to Host SheHacks to Solve Financial Services Challenges in Africa

Fintech Staff Writer
by Fintech Staff Writer0
Mukuru partners with WeThinkCode to present a women-only hackathon to inspire creative solutions for its Pan-African financial education and management tools Mukuru, a leading next-generation financial services platform in Southern Africa, and WeThinkCode, an academy that delivers a world-class coding curriculum for dynamic youth while addressing the industry skills shortage,......
Fintech News

Kompli-Global Challenges Businesses in the Payments and Wider Financial Services Sector to Enter the Tent and Beat the Fraudsters in a ‘Bake-Off’

Fintech News Desk
by Fintech News Desk0
The Great Kompli-Global KYB Bake-Off is designed to highlight how fraudsters are avoiding detection by analysts potentially not having all the right fraud prevention ingredients With fraudsters becoming increasingly smarter and more collaborative in trying to get round those systems with the weakest links to commit their fraudulent crimes, now more than......
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