Category : Artificial Intelligence

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The Future of Customer Service in Financial Services: Why Big Banks Will Need Fintechs to Survive

Brian Wagner
by Brian Wagner0
Fintech disruption began in earnest two decades ago, spawning new digital-first financial giants like Xero, Monzo, Nutmeg and Paypal and today it continues at pace, creating ever more unique opportunities to address major societal issues, whilst putting ever more exciting new services into the hands of consumers.  Such is the......
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Role of AI in Optimizing Blockchain Scalability

Fintech Staff Writer
by Fintech Staff Writer0
Blockchain technology has revolutionized industries by offering decentralized, transparent, and secure solutions for data and transaction management. However, scalability remains one of the most significant challenges, hindering its adoption in high-throughput applications such as financial systems, supply chain management, and IoT ecosystems. This is where the role of AI becomes......
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Cross-Border P2P Transfers with AI: Overcoming Currency and Compliance Complexities

Fintech Staff Writer
by Fintech Staff Writer0
Peer-to-peer (P2P) transfers have revolutionized how individuals send money globally, enabling faster and more convenient cross-border transactions. Yet, these transfers face significant challenges, including currency conversion complexities, varying regulatory requirements, and fraud risks. The integration of artificial intelligence (AI) into cross-border P2P transfers is transforming this landscape, offering innovative solutions......
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A new approach to terminating trade-based financial crime

Hassan Zebdeh
by Hassan Zebdeh0
By Hassan Zebdeh, Financial Crime Advisor at Eastnets Trade-based financial crime (TBFC) poses a major threat to global finance, siphoning away trillions of dollars every year and eluding even the most vigilant regulators. Techniques like double invoicing, non-shipment of paid-for goods, or over-invoicing are commonly used to disguise illegal activities......
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AI-Powered Leap Financial Raises $3.5 Million Seed Round Led By Fuel Venture Capital

Business Wire
by Business Wire0
With a mission to financially connect millions of people in the U.S. and Latin America, Leap Financial is pioneering the fusion of fintech and AI to transform financial services while having a true social impact. Leap Financial today announced a $3.5 million seed raise led by Fuel Venture Capital, with investment in......
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CCC Intelligent Solutions Announces the Acquisition of EvolutionIQ, the Leading AI Guidance Platform for Disability and Injury Claims Management

Business Wire
by Business Wire0
Acquisition brings together two leading AI-powered platforms to revolutionize how claims are resolved for insurers and claimants CCC Intelligent Solutions Inc. (“CCC”), a leading cloud platform provider powering the P&C insurance economy and a subsidiary of CCC Intelligent Solutions Holdings Inc. (NASDAQ: CCCS) (“CCCS”), announced today that it has signed......
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CloudWalk’s AI Stops $2 Billion in Fraud, Leads Fintech Innovation in LatAm Tech Report

PR Newswire
by PR Newswire0
Owner of InfinitePay and Jim.com recognized as a top Latin American fintech, setting benchmarks in banking, artificial intelligence adoption, digital security, and instant payments CloudWalk, the financial technology company behind InfinitePay and Jim.com, has been highlighted in the Latam Tech Report 2024, one of the most respected reports on innovation and investments......
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Fintech Startups from the Global Fintech Landscape That Made Headlines in 2024

Prajakta Ayade
by Prajakta Ayade0
In 2024, fintech startups continued to redefine financial services with innovation, customer focus, and market expansion. Across various sectors like neobanking, payments, lending, and cryptocurrency, several fintech companies captured global attention due to their impressive growth and transformative impact. Leading Fintech Innovators of 2024 Nubank Nubank, South America’s largest neobank,......
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Justt Secures $30M Series C Funding to Accelerate Global Expansion, Advance AI Technology, and Achieve Profitability

PR Newswire
by PR Newswire0
Existing Investors Reinforce Confidence in the Industry-Leading Automated Chargeback Management Provider Justt, the leader in AI-based chargeback management, today announced the successful close of its $30 million Series C funding round, led by Zeev Ventures with participation from existing investors Oak HC/FT and F2 Venture Capital. This funding highlights the unwavering confidence......
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Concurrent Partners with TIFIN @Work to Elevate Workplace Financial Solutions

Somesh Utkar
by Somesh Utkar0
Combining Advisory Expertise and AI-Driven Insights to Deliver Real Financial Impact Concurrent, one of the fastest-growing RIA aggregators in the United States, has partnered with TIFIN @Work, an AI-powered workplace growth platform, to deliver a more focused and personalized approach to workplace financial solutions. The partnership combines TIFIN @Work’s AI-driven tools......
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