Search Results for: machine-learning

Google Cloud Launches AI-Powered AML Product for Financial Institutions
Artificial Intelligence News

Google Cloud Launches AI-Powered Anti Money Laundering Product for Financial Institutions

PR Newswire
HSBC found AML AI identified 2-4x more suspicious activity, while reducing alert volumes by more than 60%  Google Cloud announced the launch of Anti Money Laundering AI (AML AI), an artificial intelligence (AI)-powered product designed to help global financial institutions more effectively and efficiently detect money laundering. Money laundering is a......
Broadridge Secures Patent for Machine Learning Tech Enhancing Securities Based Lending
Machine Learning News

Broadridge Secures Patent for Machine Learning Tech Enhancing Securities Based Lending

PR Newswire
Patent covers Broadridge systems that help advisors hyper-target SBL borrowers, deepen client relationships and reduce attrition The machine learning technology that powers global Fintech leader Broadridge Financial Solutions‘ ability to provide financial advisors with engagement predicting scores and other valuable insights on securities based lending (SBL) borrowers has been granted a patent......
Jack Henry Launches Real-Time Payments Fraud Feature
Digital Payments News

Jack Henry Launches Real-Time Payments Fraud Feature

PR Newswire
Real-Time, AI-Based Fraud Mitigation Feature Supports Multiple Payment Types Jack Henry announced the launch of Payrailz Fraud Monitor, a cloud-native, AI-based feature of the Payrailz Digital Payments Platform that provides real-time fraud detection when payment transactions are initiated. This highly customizable, proprietary feature supports person-to-person (P2P) payments, consumer and business bill payments, and account-to-account (A2A)......
Striveworks Raises $33 Million in First Institutional Round led by Centana Growth Partners
Fintech News

Striveworks Raises $33 Million in First Institutional Round led by Centana Growth Partners

Business Wire
Striveworks, a leading provider of machine learning operations (MLOps) for enterprise data science and analytics teams, announced the successful closure of their first institutional fundraising round of $33 million. The all-equity round was led by Centana Growth Partners, a specialized growth equity firm that invests in fintech and related enterprise......
Sigma Strengthens Product Leadership to Drive Next Generation Financial Crime Risk Management
News Risk Management

Sigma Strengthens Product Leadership to Drive Next Generation Financial Crime Risk Management

PR Newswire
Karim Rajwani joins as Sigma’s Chief Product Officer to accelerate product roadmap and vision after a career in senior financial crime risk management roles at the world’s leading institutions Sigma Ratings, the AI-driven financial risk screening and monitoring platform with best-in-class entity resolution for compliant commercial relationships, announced that Karim Rajwani will join......
USAA Life Insurance Teams Up With Express Imaging Services (EIS) eHealth Link Powered by SEQSTER
InsurTech News

USAA Life Insurance Teams Up With Express Imaging Services (EIS) eHealth Link Powered by SEQSTER

Business Wire
USAA to utilize EIS’s eHealth Link Powered by SEQSTER to expedite the retrieval of member health data and to further its underwriting automation Express Imaging Services, (EIS), a leading provider of medical record retrieval and digital data solutions, has announced they will work with USAA Life Insurance Company (USAA) to streamline the......
iHerb, an Ecommerce Leader in Health and Wellness, Partners with Riskified to Protect Online Revenues Against Fraud and Chargeback Costs
E-commerce Machine Learning News

iHerb, an Ecommerce Leader in Health and Wellness, Partners with Riskified to Protect Online Revenues Against Fraud and Chargeback Costs

Business Wire
Riskified Ltd. announced its partnership with iHerb, a global leader in ecommerce dedicated to health and wellness. iHerb is leveraging Riskified’s ecommerce fraud and risk intelligence platform to boost approval rates and revenues, streamline its manual review processes, and minimize fraud losses. Also Read: Global Fintech Interview with JB Orecchia, President and......
Six Ways Fraudsters Are Using Generative AI to Commit Fraud
Artificial Intelligence Compliance management Digital Guest Posts

Six Ways Fraudsters Are Using Generative AI to Commit Fraud

Oliver Tearle
Generative artificial intelligence (AI) has already had a pervasive impact on our lives, with many experts sharing their opinions on the technology’s industry changing commercial potential and how it might be used in future. I recently shared my thoughts on how the technology would change the payments industry, but while there are......
Waystar Accelerates Impact in Healthcare Payments with New Innovations on Cloud-Based Platform
Digital Payments Finance News

Waystar Accelerates Impact in Healthcare Payments with New Innovations on Cloud-Based Platform

Business Wire
Breakthrough enhancements deliver heightened transparency, efficiency and accuracy Waystar, a leading provider of healthcare payments software, announced significant enhancements across the company’s award-winning, cloud-based platform. “By unifying payments under a single cloud-based platform and harnessing the power of our purpose-built automation and analytics, we are removing friction from the system......
Artificial Intelligence Featured Finance Fintech Primers Machine Learning Technology

5 Amazing Examples Of AI And ML In The Financial Sector

Pooja Choudhary
“What used to take months or years has been reduced to days or weeks,” – Frank Fallon, VP, financial services at AWS Introduction The financial services industry has traditionally been a data production powerhouse, from stock trades to credit card purchases. Many banks and other financial institutions today use AI......
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