Search Results for: AI-powered

Industrial Bank of Korea and Nuance Create First Biometrics Solution for Banking Video Calls
Banking Fintech News

Industrial Bank of Korea and Nuance Create First Biometrics Solution for Banking Video Calls

Fintech News Desk
by Fintech News Desk0
More than 100,000 IBK customers use Nuance’s AI-powered Gatekeeper platform for automatic authentication and fraud protection Nuance Communications, announced that the Industrial Bank of Korea (IBK) has deployed its market-leading voice biometrics technology to create the banking industry’s first biometrics solution for video calls. Leveraging Nuance AI, IBK is already protecting......
Swipe, Tap and Track: Chase Study Finds Consumers More Confident with Digital Banking Tools
Banking Fintech Mobile Banking News

Swipe, Tap and Track: Chase Study Finds Consumers More Confident with Digital Banking Tools

Fintech News Desk
by Fintech News Desk0
Pandemic accelerates digital banking adoption across age groups; real-time payments and automated savings tools on track for greater adoption in 2021 Chase  released the findings of its national Digital Banking Attitudes Study—a survey of 1,500 consumers on their use and preferences with banking digitally. Consumers of all ages said that......
HID Global Helps Fight Against Counterfeiters of Rare Coins and Banknotes
Fintech News

HID Global Helps Fight Against Counterfeiters of Rare Coins and Banknotes

Fintech News Desk
by Fintech News Desk0
Collectors Universe uses HID Trusted Tag Services to validate the authenticity, grade and condition for millions of collectibles around the world HID Global, a worldwide leader in trusted identity solutions, announced that Collectors Universe, Inc. has added HID Trusted Tag  Services to its Professional Coin Grading Service (PCGS) coin and banknote......
Can Artificial Intelligence Improve the Debt Collection Process?
Artificial Intelligence Business Featured Fintech

Can Artificial Intelligence Improve the Debt Collection Process?

Paroma Sen
by Paroma Sen0
Artificial intelligence has rewritten the basics of every financial service, from retail banking to business lending, Artificial intelligence in fintech is now more than just an exciting concept; how is this technology revamping today’s debt collection process though? Moreover, are financial institutions capitalizing on their debt lending process with AI......
While Global New Account Fraud Rates Fell by 23% in 2020, Fraud Rates in the UK Climbed 28%
Artificial Intelligence Fintech News

While Global New Account Fraud Rates Fell by 23% in 2020, Fraud Rates in the UK Climbed 28%

Fintech News Desk
by Fintech News Desk0
New data from Jumio, the leading provider of AI-powered end-to-end identity verification and eKYC solutions, reveals that new account fraud based on ID verification increased 28% in the UK YOY for 2020, while the global average fell 23% compared to 2019 levels. At the same time, selfie-based fraud rates were nearly......
BNL Goes Live with Tink Account Aggregation Software
Capital Markets Fintech Investment Services News

Tink Closes €85 Million Investment Round Extension to Further Fuel Expansion

Fintech News Desk
by Fintech News Desk0
Tink announces it has closed the year with a completed €85 million investment round extension, following its €90 million investment round in January. This brings the total invested in Tink during 2020 to €175 million. This funding top up will fuel Tink’s continued expansion and support the further development of......
Small World Launches USD Payout Service in Nigeria
Banking Fintech News

Small World Launches USD Payout Service in Nigeria

Fintech News Desk
by Fintech News Desk0
Leading international money transfer provider Small World Financial Services (“Small World”) has announced that, with immediate effect, customers in Nigeria can receive money in US Dollars through its nationwide cash pick-up network or into their bank account. Read More: Zelis Launches Digital Platform, Creates 24/7 Thought Leadership Destination for the Payments Industry......
Standard Chartered Partners with Northern Trust to Launch Zodia, a Cryptocurrency Custodian for Institutional Investors
Business Fintech Investment Services News

Standard Chartered Partners with Northern Trust to Launch Zodia, a Cryptocurrency Custodian for Institutional Investors

Fintech News Desk
by Fintech News Desk0
 SC Ventures, the innovation and ventures unit of Standard Chartered, and Northern Trust, a leading provider of asset servicing, have entered into an agreement to launch Zodia Custody, an institutional-grade custody solution for cryptocurrencies. Read More: Boast.ai Raises $23M Series A to Revolutionize R&D Tax Credits with AI-Powered Approach Cryptocurrencies already......
Vic.ai Integrates AI Platform with Sage Intacct to Accelerate Digital Transformation
Artificial Intelligence Business Fintech News

Vic.ai Launches Autopilot, The Autonomous Accounting Solution

Fintech News Desk
by Fintech News Desk0
“This is groundbreaking for the accounting profession. Accountants have been trying to automate the tedious work of cost-processing since the early days of cloud computing,” said Alexander Hagerup, Co-founder and CEO of Vic.ai. “Automation has gradually become savvier, but AI-powered automation is the step into the Intelligent Accounting Era. Read......
Lukka Closes Series C Led by State Street With Participation From S&P Global and CPA.com
Blockchain Cryptocurrency Currency Exchange Fintech News

Lukka Closes Series C Led by State Street With Participation From S&P Global and CPA.com

Fintech News Desk
by Fintech News Desk0
This fund raise signifies the growing importance of crypto assets in the traditional financial industry Lukka, the leading crypto asset software and data provider, announced it has completed its Series C funding led by State Street Corporation  with participation from S&P Global, and CPA.com, the business and technology subsidiary of......
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