Category : Artificial Intelligence

Artificial Intelligence Mortgage News

Miami Loan Officer Arthur Miguez Embraces Technological Advances To Offer ‘New Economy’ Mortgages

Fintech News Desk
by Fintech News Desk0
Caliber Home Loans’s user-friendly technology and the professional guidance of its Loan Consultants create a smooth route to homeownership Technological advances are improving almost every aspect of life from work to leisure, and one enterprising Miami mortgage loan officer is embracing the use of digital innovation to improve aspiring homeowners......
Artificial Intelligence News

Moloco Hires Shailesh Murali to Lead Strategic Finance

Fintech News Desk
by Fintech News Desk0
Seasoned corporate executive brings finance expertise, including mergers and acquisitions, investor relations and long-term financial planning to Moloco Moloco, a leader in machine learning (ML) and growth solutions for performance marketers, announced today it has hired Shailesh Murali as its Head of Strategic Finance. With nearly two decades of experience......
Artificial Intelligence Lending News

Zest AI Releases New Race Prediction Model To Reduce Systemic Bias In Lending

Fintech News Desk
by Fintech News Desk0
Technology addresses inaccuracies in race prediction affecting tens of millions of Americans Zest AI, a leader in software for AI-driven lending, announced the launch of Zest Race Predictor (ZRP). This open-source machine-learning algorithm estimates the race/ethnicity of an individual using only their full name and home address as inputs. ZRP can......
Artificial Intelligence News

Edge Focus Bolsters Fintech Expertise with Multiple Strategic Appointments

Fintech News Desk
by Fintech News Desk0
Edge Focus, a technology company that applies machine learning and artificial intelligence to analyze credit, is pleased to announce the appointment of Neel Mehta as Chief Marketing Officer, YeeMan Bergstrom as Principal Data Scientist, and Martin Bligh as Principal Engineer. These appointments build on the success of 2021 and signal......
Artificial Intelligence Banking News

Squirro Supplies European Central Bank with Augmented Intelligence Solution

Fintech News Desk
by Fintech News Desk0
Squirro Risk Insights solution delivers contextual insights and recommendations to support supervisors in assessing bank risks Squirro, the Augmented Intelligence solutions provider, has announced a major project with the European Central Bank (ECB), in which Squirro will supply its Insight Engine and Risk Insights solution to the central bank of the 19 European Union countries that have adopted the euro. The ECB contract was awarded in Q4 2021. Squirro already works with central banks such as......
Artificial Intelligence News

Sage Adds New AI Machine Learning Capability to Bolster Fintech Growth in 2022

Fintech News Desk
by Fintech News Desk0
Latest Sage Intacct release leverages AI to fully automate key financial processes, shifting Time from manual processing to higher-value tasks Sage, the leader in accounting, financial, HR, and payroll technology for small and mid-sized businesses, announced the availability of Sage Intacct 2022 Release 1 (Release 1). The latest release provides......
Artificial Intelligence News

Nanonets Raises $10 Million From Elevation Capital To Help Global Enterprises Automate Their Document Workflows Using AI

Fintech News Desk
by Fintech News Desk0
Nanonets Has Grown Its Revenue Over 10x in the Past 18 Months Due to High Demand From Customers Which Include Global Fortune 500 Companies Nanonets, an AI-based document workflow automation platform,  announced a successful raise of $10M Series A investment round, led by Elevation Capital. The funds will be used to expand......
Artificial Intelligence Digital Payments News

Mastercard AI Modeling Capability Enhances Milliman Payment Integrity Solution

Fintech News Desk
by Fintech News Desk0
Proof of concept finds $239 million in suspected healthcare fraud, waste, and abuse Mastercard announced it recently completed a successful proof of concept coupling Mastercard’s artificial intelligence modeling technology with the Milliman Payment Integrity solution (MPI) to enhance detection of suspected healthcare fraud, waste, and abuse (FWA). Recognizing the value......
Artificial Intelligence Banking News

Rocket Financial Inc. Selects Scienaptic’s AI-Powered Platform For RocketBNK

Fintech News Desk
by Fintech News Desk0
Leading global AI-powered credit decision platform provider, Scienaptic AI announced that Rocket Financial Inc. has selected its platform to launch its new product RocketBNK. “Scienaptic AI’s credit decisioning platform will automate our loan decisioning, provide instant decisions on point-of-sale transactions, process larger volumes of applications and help us serve our customers better.” Rocket......
Artificial Intelligence News

Enova Announces $100 Million Share Repurchase Program

Fintech News Desk
by Fintech News Desk0
Enova International , a leading financial technology company powered by machine learning and artificial intelligence, announced that its Board of Directors has authorized a share repurchase plan for up to $100 million of its common stock. This new program will be in place until June 30, 2023. The existing $150 million repurchase program......
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