Category : Artificial Intelligence

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Fenergo Research Finds That Just One Third of Global Asset Managers Have Completed Their Digital Transformation Projects

Fintech News Desk
by Fintech News Desk0
Fenergo, the leading provider of digital transformation, customer journey and client lifecycle management (CLM) solutions for financial institutions, today announced findings from its global asset management research, which uncovered that while most firms feel that it’s important to have a digital transformation strategy, just over one third have reported completion......
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ThetaRay’s Correspondent Banking AML Solution to Enable Cecabank to Safely Connect Small/Medium-sized Banks to the Global Financial System

Fintech News Desk
by Fintech News Desk0
AI-Based Platform Eliminates Money Laundering and Terrorism Financing Risk by Providing Full Visibility into Cross-Border Transaction Path ThetaRay, a leading provider of AI-based Big Data analytics, announced that its Anti-Money Laundering (AML) for Correspondent Banking solution has been chosen by Spanish wholesale bank Cecabank. The AI-based technology will enable Cecabank......
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CFOs Need Greater Real Time Data to Pivot from Measuring to Creating Value Amid COVID-19, Accenture Report Finds

Fintech News Desk
by Fintech News Desk0
As chief financial officers (CFO) continue to grapple with ongoing business disruptions from COVID-19, a new report from Accenture (NYSE: ACN) found finance leaders need more real-time data to pivot from measuring to creating value The new report from Accenture surveyed 450 CFOs and other finance leaders at companies with at least $1B......
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AI Powered Fintech Platforms That Are Enabling Better Cashless Payments

Fintech News Desk
by Fintech News Desk0
Artificial Intelligence makes cashless payments seamless and simple. Undoubtedly, artificial intelligence has turned out to be the backbone of the Fintech revolution. From the high yielding ROI to an added hand at cybersecurity and judging fraudulent activities before they happen, AI has multi-faceted uses that is helping fintech grow exponentially.......
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The Aréas Group Optimizes its Fight Against Auto Insurance Fraud with Shift Claims Fraud Detection

Fintech News Desk
by Fintech News Desk0
Shift Technology, a provider of AI-native fraud detection and claims automation solutions for the global insurance industry, today announced that Aréas Assurances has deployed Shift Claims Fraud Detection to support its efforts to thwart auto insurance fraud. Aréas Assurances is an independent group comprised of the mutual insurance companies Aréas Dommages......
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How the Trends of Today Affect Financial Institutions Tomorrow

Johanna Pugh
by Johanna Pugh0
The market has changed drastically this year, with many viewing 2020 as an outlier of events. However, it is actually the perfect model for financial institutions (FIs) to keep in mind going into 2021. The COVID crisis is representative of how market changes and customer demands can rapidly occur so......
Artificial Intelligence Fintech News Risk Management

AEGIS Selects expert.ai to Enhance Their Data Strategy with AI-based Natural Language Understanding

Fintech News Desk
by Fintech News Desk0
The leading mutual insurance company for the energy industry has chosen the expert.ai platform to augment risk engineering capabilities AEGIS has chosen the expert.ai natural language platform to implement a risk engineering solution that will extract and analyze critical information from risk engineering reports during the property underwriting process. By......
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Innovative Payment Solutions, Inc. Launches Joint Venture with BLGI, Inc. to Expand its Blockchain Technology Application

Fintech News Desk
by Fintech News Desk0
Innovative Payment Solutions, Inc (the “Company” or “Innovative”), (OTCQB: IPSI), a U.S.-based fintech company building 21st century digital payment solutions, announced today the launch of a joint venture with blockchain and artificial intelligence company BLGI, Inc. (OTCQB: “BLGI”) to help expand the Company into global digital payment infrastructures. Read More: Lukka Closes......
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Vise, The AI-powered Investment Management Platform, Secures $45 Million Series B Funding Led By Sequoia

Fintech News Desk
by Fintech News Desk0
Vise, the all-in-one AI-powered investment management platform for independent advisory practices to build and manage portfolios, today announced the close of its $45 million Series B funding round, bringing the total capital raised since Vise’s founding to over $60 million. Sequoia Capital led the Series B with participation from Allen & Company, Founders......
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Concinnus Financial Partners with Noonum to Provide Custom-Build Investment Portfolios Using AI

Fintech News Desk
by Fintech News Desk0
Concinnus Financial, a fee-only investment advisor based in the Northwest, is addressing the rapidly changing investment world by leveraging artificial intelligence technology to provide custom portfolios to their clients.  The AI technology is provided by the Seattle-based startup Noonum. Read More: Opportunity Fund Partners with Lendio and Funding Circle, Increasing Small Businesses’ Access......
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