Category : Artificial Intelligence

Analytics Artificial Intelligence Compliance management Fintech Guest Posts Payment gateways

How Financial Institutions Can Effectively Navigate the Implications of CECL

Danielle Sesko
by Danielle Sesko0
With Current Expected Credit Loss (CECL) requiring institutions to estimate and recognize credit losses upfront, financial leaders must navigate a complex new landscape as this shift could significantly impact loan portfolios, regulatory compliance and long-term strategies – creating potential hurdles for financial institutions. Despite these bumps along the way, CECL......
Artificial Intelligence Digital Payments Finance Fintech News

Finastra simplifies trade finance with AI-powered assistant using Microsoft Azure OpenAI Service

PR Newswire
by PR Newswire0
Assist.AI boosts efficiencies and bridges the knowledge gap in trade finance, enabling banks to focus on strategic projects Finastra today announced the launch of Assist.AI, an AI-powered assistant designed to enhance the trade finance operations within its Trade Innovation solution. The tool, built on architecture powered by Microsoft Azure OpenAI......
Artificial Intelligence Commerce Compliance management Digital Payments Finance Fintech Fintech Primers Investments Markets News Payment gateways Property Recommended Stock Market Technology

AGII Unlocks New Possibilities with AI-Driven Smart Contract Evolution

EIN Presswire
by EIN Presswire0
Innovative AI integration enhances smart contract automation, scalability, and efficiency in decentralized ecosystems. AGII, a leader in AI-powered Web3 solutions, is advancing the evolution of smart contracts by integrating adaptive AI technology. This breakthrough enhances automation, scalability, and execution efficiency across decentralized networks, enabling a seamless experience for developers and......
Artificial Intelligence Finance Fintech News Robotic Process Automation

Routable announces revolutionary AI agents for accounts payable fraud prevention, forensic accounting

PR Newswire
by PR Newswire0
New fraud prevention offering leverages AI to detect invoice anomalies, human error Routable, the leading accounts payable automation platform, today announced a groundbreaking innovation: AI agents that prevent external invoice fraud. “Invoice fraud costs the average company more than $1M a year,” said Routable CEO and CoFounder, Omri Mor. “As fraudsters get......
Artificial Intelligence Finance Fintech Investments News

Auquan Launches Industry’s First AI Agent for Financial Services Sustainability Teams

Business Wire
by Business Wire0
New AI Platform Transforms Sustainability Workflows by Autonomously Screening, Monitoring and Generating Framework-Aligned Reporting for Public and Private Companies Auquan, the market leader in generative AI for deep work in financial services, today announced the launch of its Sustainability Agent, the first and only AI agent purpose-built to liberate sustainability teams......
Artificial Intelligence Commerce Compliance management Digital Payments Finance Fintech Fintech Primers Investments Markets News Payment gateways Property Recommended Stock Market Technology

Neofin Secures $7M Seed Round to Revolutionize Accounts Receivable in Brazil with AI-Powered Solutions

GlobeNewswire
by GlobeNewswire0
Cash is king and no business can survive without it. Quoting Warren Buffet: “Cash, though, is to a business as oxygen is to an individual: never thought about when it is present, the only thing in mind when it is absent”. With this principle in mind, Neofin’s mission is to transform......
Artificial Intelligence Commerce Digital Payments Finance Fintech Investments News

RapidCents Enhances Merchant Payment Processing and Chargeback Protection with DeepSeek AI

GlobeNewswire
by GlobeNewswire0
RapidCents, the payment processing platform, that specializes in secure transactions and automated billing, has announced an expansion to better serve merchants across North America. The investment aims to cover the development of the application and the investment of USD 500,000 in advanced AI infrastructure and specialized hardware + GPUs, according......
Artificial Intelligence Blockchain Commerce Digital Payments Finance Fintech Fintech Primers Investments Markets News

Colle AI Integrates Ripple’s XRP to Strengthen Multichain NFT Transactions

EIN Presswire
by EIN Presswire0
XRP Integration Expands Colle AI’s Blockchain Interoperability for NFT Transactions Colle AI (COLLE), a leading multichain AI-NFT platform, is integrating Ripple’s XRP Ledger to enhance cross-chain NFT transactions and improve scalability. This strategic move strengthens Colle AI’s position as a premier AI-powered NFT ecosystem, offering faster, low-cost transactions and greater......
Artificial Intelligence Commerce Compliance management Digital Payments Finance Fintech Fintech Primers Investments Markets News Payment gateways Property Recommended Stock Market Technology

Pocketnest Generative AI Transforms Credit Unions

PR Newswire
by PR Newswire0
Personalized financial insights boost engagement and identify growth Pocketnest, the woman-founded financial wellness platform, announces the results of its initial beta rollout of its generative AI, Birdie, with select credit unions. “Birdie represents a game-changing opportunity for financial institutions to deepen engagement with their digitally savvy community,” said Ben Maxim, Chief Operating......
Artificial Intelligence Finance Fintech News

IBM Study: Gen AI Will Elevate Financial Performance of Banks in 2025

Somesh Utkar
by Somesh Utkar0
Initiatives are maturing from pilots and proofs of concept to targeted, enterprise-wide strategies IBM today released its annual expectations for technology and transformation in the global financial services industry in the year ahead in the IBM Institute for Business Value 2025 Outlook for Banking and Financial Markets. Key Insights Gen......
1