Search Results for: machine learning algorithms

Artificial Intelligence Featured Finance Fintech Robotic Process Automation

The Intersection of RPA and AI in AP Automation

Fintech Staff Writer
The intersection of Robotic Process Automation (RPA) and Artificial Intelligence (AI) in Accounts Payable (AP) automation represents a significant shift towards hyperautomation, where businesses seek to streamline and optimize their financial processes at scale. AP automation focuses on improving the efficiency and accuracy of accounts payable tasks, such as invoice......
Artificial Intelligence Banking Digital Payments Featured Finance Fintech Lending Machine Learning Risk Management Security

Exploring The Rise of AI-Enhanced Credit Scoring Systems

Rishika Patel
The rise of AI-enhanced credit scoring systems marks a significant shift in how financial institutions assess creditworthiness. Traditional credit scoring models have long been constrained by a limited set of factors, often excluding individuals without formal credit histories. However, AI-based models leverage a broader range of data sources, including non-traditional......
Avalara Announces New AI-based Tariff Code Classification Solution
Artificial Intelligence Compliance management News

Avalara Announces New AI-based Tariff Code Classification Solution

PR Newswire
Avalara, Inc., a leading provider of tax compliance automation software for businesses of all sizes, announced the launch of Automated Tariff Code Classification, an AI-based system that uses a pioneering combination of proprietary, advanced AI, machine learning, and natural language processing methods and technologies to classify large product catalogs quickly and......
Artificial Intelligence Banking Finance Fintech Guest Posts

AI Can Save E-commerce Vendors from Cash Flow Squeeze

Fintech Analyst
By Rohan Thambrahalli, CEO at DimeTyd and Chief Commercial Officer at Threecolts Unmasking Profits and Fueling Growth with AI E-commerce finance is experiencing steady growth, projected to reach $6.3 trillion in 2024. This indicates a continued shift toward online retail shopping, with consumers making 20.1% of their purchases digitally. As a result, major online marketplaces......
Artificial Intelligence Banking Finance Fintech Guest Posts

Keeping up with AI in Accounting: 5 Crucial Skills to Learn

Paul Wnek
By Paul Wnek, founder, CEO and principal solutions architect at Expand AP A recent World Economic Forum survey showed 85 percent of financial services organizations were using some form of AI and 77 percent believe that AI will become an essential part of their business in the next two years.......
Analytics Artificial Intelligence Finance Fintech Guest Posts Security

Five Scenarios Where Billing Data Can Help CFOs Improve AI Systems

Brad Sawaya
By Brad Sawaya, CFO at BillingPlatform Here’s why CFOs look to billing data to train AI  Artificial Intelligence (AI) is revolutionizing the business world, turning traditional practices on their head and offering unprecedented opportunities for innovation. As CFOs navigate this new landscape, they find billing data to be a crucial......
Artificial Intelligence Digital Payments Finance Fintech Interviews Machine Learning Risk Management Security

Global Fintech Series Interview with Dagan Osovlansky, Chief Product Officer at ThetaRay

Paroma Sen
Dagan Osovlansky, Chief Product Officer at ThetaRay talks about the benefits of using AI to prevent financial crimes while highlighting more on what FIs can do to ensure better protection and security for end users in this catch-up with Global Fintech Series: ___________ Hi Dagan, we’d love to hear about......
Artificial Intelligence Banking Featured Finance Fintech Robotic Process Automation

The Impact of AI on Traditional Accounting Practices: Here’s What to Expect

Fintech Staff Writer
Artificial Intelligence (AI) is poised to revolutionize traditional accounting practices, bringing about significant changes in efficiency, accuracy, and the role of accounting professionals. As AI technologies become more advanced and integrated into the accounting field, both opportunities and challenges emerge. SafeSend has unveiled SafeSend One, a suite of AI-powered tools......
Fintech Guest Posts

What’s On the Fintech Horizon for Low-Code?

James Greaves
Low-code is no stranger to SaaS companies—its promise as a magic bullet for many software development headaches is widely renowned, resulting in its popularity across industries. Insights from Fortune Business project that the global low code development platform market will hit USD 264.4 billion by 2032, with a CAGR of 32%.......
Analytics Big Data Featured Fintech Lending

Advanced Analytics and FinTech: Transforming Credit Lending Strategies

Prajakta Ayade
The fintech industry has revolutionized the financial landscape by introducing advanced technologies that streamline operations, enhance user experience, and optimize decision-making processes. Among these innovations, advanced analytics stands out as a pivotal force in transforming credit lending strategies. Leveraging big data, machine learning, and artificial intelligence, fintech companies are reshaping......
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