Category : Artificial Intelligence

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How AI is Shaping the Future of Security in FinTech

Fintech Staff Writer
by Fintech Staff Writer0
Artificial Intelligence (AI) is rapidly transforming the financial services and fintech sector, revolutionizing how businesses operate, by accelerating processes, enhancing decision-making, and strengthening security. AI’s influence extends beyond automating routine tasks—it drives innovation, enabling the development of new business models that were once out of reach. From speeding up operations......
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Reeco Raises $15 Million Series A Round to Modernize Hotel Procurement with AI-Driven Procure-to-Pay Platform

PR Newswire
by PR Newswire0
Funding will drive Reeco’s strategic growth initiatives as it streamlines back-of-house operations for North American hotels Reeco, the leading AI-driven procure-to-pay platform for the hospitality industry, announced it has secured $15 million in Series A funding. This investment will fuel the company’s strategic growth initiatives, including the accelerated advancement of the......
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FactSet Launches AI-Powered Pitch Creator

GlobeNewswire
by GlobeNewswire0
Revolutionary pitchbook automation tool enhances productivity to save junior bankers hours each week FactSet, a global financial digital platform and enterprise solutions provider, today announced the launch of Pitch Creator, a groundbreaking GenAI-powered solution designed to revolutionize pitchbook creation for investment banks. By automating the time-consuming tasks of model analysis......
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Despite Highly Manual Processes, Only 33% of Auditors Say They Use AI, Compared to 76% of Accounting and Finance Professionals

Business Wire
by Business Wire0
A staggering 73% of auditors still spend more than half their time in spreadsheets, struggling with reconciliations, data extraction, and outdated workflows, according to new research by Trullion, an AI-powered accounting and audit platform. Despite the abundance of Excel-based, manual workflows, only 33% of auditors say they currently use AI.......
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insightsoftware Acquires JustPerform to Deliver Unified, No-Code, Cloud-Native Enterprise Performance Management

GlobeNewswire
by GlobeNewswire0
Top-rated EPM platform enhances insightsoftware’s planning, consolidation, and reporting solutions with modern, agile, and user-centric architecture insightsoftware, the most comprehensive provider of solutions for the Office of the CFO, today announced it acquired JustPerform, an intelligent, cloud-native planning, consolidation, and reporting platform. The acquisition brings next-generation enterprise performance management (EPM)......
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Tax Systems Launches AI-powered, SaaS Solution for Global Pillar Two Compliance and Reporting

Business Wire
by Business Wire0
Tax Systems, the global multi-tax compliance SaaS provider, has today announced the availability of Pillar2, an intuitive solution to de-risk and simplify compliance with the OECD’s global Pillar Two tax rules. Designed for organisations operating across multiple jurisdictions – Pillar2 will save businesses valuable time and reduce the risk of......
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Advisor360° Acquires Generative Artificial Intelligence Provider Parrot AI

Business Wire
by Business Wire0
Deal Brings Advisor-Specific Gen AI SaaS Directly to Advisors Advisor360°, a leading provider of integrated technology for enterprise wealth management firms, has acquired Parrot AI, a Boston-based generative AI technology firm. The acquisition builds on Advisor360°’s existing AI capabilities with the addition of Parrot AI’s premium software—enabling advisors to record, transcribe,......
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Ikon Markets Unveils New AI-Powered Trading Platform for Global Investors

GlobeNewswire
by GlobeNewswire0
Ikon Markets, a leader in financial technology, has announced the launch of its groundbreaking AI-powered trading platform, designed to revolutionize the trading experience for investors worldwide. This state-of-the-art platform combines cutting-edge artificial intelligence with an intuitive interface, enabling users to access precise, efficient, and profitable trading opportunities like never before. This......
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Procurify Appoints Jeffrey Hardy as Chief Revenue Officer

Business Wire
by Business Wire0
Experienced SAP executive tapped to lead revenue growth and enhance customer experience. Procurify, the leading AI-powered platform for procurement, accounts payable (AP), expense, and payment solutions designed for mid-market organizations, today announced the appointment of Jeffrey Hardy as Chief Revenue Officer (CRO). With an accomplished background in spend management software,......
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Uplinq and Visa Case Study Reveals 50% Reduction in Underwriting Costs by Using AI-Powered Credit Assessment Technology

Business Wire
by Business Wire0
New report details automated credit decisioning technology’s ability to enhance risk evaluation, remove bias, and drive profitability for lenders Uplinq, the first global credit decisioning support platform for small business lenders, announced today the release of a joint case study with Visa, a global leader in digital payments, unveiling the......
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