Category : Artificial Intelligence

Artificial Intelligence Fintech

Experian’s 2024 Global Identity & Fraud Report Spotlights Huge Growth in Highly Personalized GenAI-Driven Fraud Attacks

Business Wire
by Business Wire0
Businesses Must Employ a Multi-Layered Approach to Fight GenAI Fraud Experian announced its 2024 Global Identity & Fraud Report that provides a comprehensive view of the consumer and business response to the latest fraud patterns and fraud‑mitigation strategies in the worldwide financial services sector. The report offers combined insights from more than 1,000......
Artificial Intelligence Finance Fintech News

Newmoney.ai Launches Global Peer-to-Peer Cash Transfer Platform with AI Financial Assistant Newton

GlobeNewswire
by GlobeNewswire0
Newmoney.ai is announcing the launch of its peer-to-peer cash transfer platform, designed to make sending and receiving money across borders simple, fast, and affordable. By combining familiar features of domestic payment apps with a worldwide reach, Newmoney.ai aims to address the challenges of high fees and poor exchange rates often associated......
Artificial Intelligence Banking Blockchain Cloud Digital Payments Featured Fintech Payment gateways

How Digital Business Models Are Shaping the Future of Commercial Banking

Fintech Staff Writer
by Fintech Staff Writer0
The commercial banking sector is undergoing a seismic shift as digital business models redefine its core operations and customer interactions. Over the years, banking has evolved from physical branches and manual processes to a dynamic digital ecosystem driven by technological advancements. From early innovations like ATMs and online payments to......
Artificial Intelligence Finance Fintech News

Nearly 8 in 10 Financial Services Firms View AI as Critical to Industry’s Success, Finds New Report from Smarsh

Business Wire
by Business Wire0
Recent Smarsh compliance industry survey reveals a thoughtful approach to AI adoption, with AI governance and risk management use cases topping financial firms’ priorities for 2025 Today, Smarsh, the global leader in communications data and intelligence, published the results of its 2025 Communications Compliance Survey, revealing financial services firms’ top......
Artificial Intelligence Featured Finance Fintech Risk Management Robotic Process Automation Security

Optimizing Data Annotation Pipelines for AI Models in the Insurance Sector

Fintech Staff Writer
by Fintech Staff Writer0
The insurance sector has increasingly adopted artificial intelligence (AI) to enhance risk assessment, fraud detection, customer personalization, and claims processing. AI models in the insurance sector rely on vast amounts of high-quality labeled data to perform these tasks accurately. Data annotation—the process of labeling datasets for training AI models—is thus......
Artificial Intelligence Fintech News

New Developer Portal and AI-Driven Tools in Genesis Application Platform Improve Developer Productivity in Financial Markets

GlobeNewswire
by GlobeNewswire0
 Genesis Global introduced a new developer portal and new AI-driven tools to help financial sector developers deliver financial markets-grade applications ten times faster. The new portal serves as a gateway to the Genesis Application Platform for the developer community and technical business analysts across the financial industry. It houses platform’s free-trial program, powerful AI-driven tools to......
Artificial Intelligence Finance Fintech News

Flow Introduces Platformless AI: Redefining the White Glove Wholesale Insurance Experience

PR Newswire
by PR Newswire0
Flow Specialty is proud to introduce Platformless AI — an approach that rethinks this broken model of the Wholesale insurance ecosystem. Specialty insurance wholesale brokerages are known for inconsistent service. Traditional brokerages place a greater focus on enterprise clients, due to commission incentives, while newcomers in the space build portals......
Artificial Intelligence Finance Fintech News

Pega Accelerates Resolution of Payment Exceptions and Investigations with New Edition of Pega Smart Investigate

Business Wire
by Business Wire0
Expanded AI-powered automation helps banks resolve payment exceptions faster while reducing operational costs Pegasystems Inc., The Enterprise Transformation Company™, today announced a new edition of Pega Smart Investigate™, including expanded automation and generative AI capabilities to help banks process payment exceptions and investigations faster and more efficiently. With a dramatically......
Artificial Intelligence Finance Fintech News

Patra Announces New Suite of AI-Powered Services to Automate the Insurance Industry

Business Wire
by Business Wire0
New solutions improve profitability, scalability and customer satisfaction for agents, brokers, wholesalers, and MGAs Patra, a leading provider of technology-enabled insurance outsourcing and software services, today announced the launch of Patra AI, a suite of AI-powered document automation services designed for insurance organizations looking to increase revenue growth and profitability,......
Artificial Intelligence Banking Finance Fintech Guest Posts Security

Safe AI Strategy for Community Financial Institutions: Turning Concepts into Action

Saahil Kamath
by Saahil Kamath0
By Saahil Kamath, Head of AI at Eltropy Five Guiding Principles for Responsible AI Adoption in Community Banking Community financial institutions (CFIs) have long been the bedrock of trust in local economies, offering personalized service that big banks often can’t match. Now, as artificial intelligence reshapes the financial sector, these institutions face a pivotal moment. The challenge isn’t just about adopting new technology;......
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